Daily close above resistance. Looking for continuation to fill the wick at 1890.000 and 1900.000.
Yesterday I posted a short idea for XAU/USD, however because its been in a ranging environment last week, its difficult to really determine what the price will do next. So I thought I'd share an alternative bullish scenario. From a price action point of view, break of the recent high, double bottom and break through structure point to a bullish momentum as...
Below is a full analysis of the XAU and also some major news regarding the XAU;
double bottom in major timeframes... inverted head and shoulders in lower timeframes
Hi to all, Gold complate its consolidation and give us small long signals. I see bullish pinbar+engulfing structure on lower timeframes and i'm join a long trade @Gold. Any candle close at below of the ascending trend that drawn by white line is my stoplevel. (around 1830) My first target is 1875 & the second target 1960 again. Good Luck! If you find it...
Ascending Channel and W pattern on the way. i think gold can go further of 2000 dollars
Watch for rejection in the blue rectangle (50%-61.8% fib) and place stop loss below the rejection wick. TP: 1690 Click LIKE if you agree with this trade set up or if you're going to take this trade! Click FOLLOW to keep updated with my activity and trade setups.
Could touch 1700 soon
Hey traders, Yesterday I posted a trade idea for Gold, but we did not get a confirmation signal. WE GOT CONFIRMATION! We got a bullish pinbar on the H4 off the blue trend line. Price is still in the ascending triangle pattern. Risk to reward is 2. Targets are 1504, then S/R at 1515. Daily trade analysis and ideas: Telegram: t.me Facebook:...
Hey guys , Hope everyone doing Good, Gold showing Good bullish momentum. I've been on Longs from 1470. As expected it gave a bull flag, Now i'm Expecting Target 1530 Before a fall back to 1490 Levels
Hey traders, as the day comes to a close, I am looking at this setup for Gold on the H4 charts. I have drawn from what I see an ascending triangle pattern. Price has come down to test the ascending line, with 2 long wicks forming on the H4. This represents demand from buyers who are either taking profit or entering into long positions. The risk to reward of...
Hello Traders, A breakout to the upside was seen in XAUUSD, and thus a trade was taken with as stop loss of $27 at around $1478 just around the previous consolidation low and a take profit of $50 at around $1550 just around the previous swing high. The price had been consolidating $1495 and $1481 and therefore, this breakout can be identified as a start of an...
I see that the correction of Gold is almost done. I have decided to go long. My stop is not very wide but I can still move it a little bit. I'm planning to add more once descending residence broken. Looks like this is going to be a swing trade. I'm going to update this post accordingly PS. This is not financial advice.
FOREXCOM:XAUUSD *Trend bias = up * Good support @ 1280 * Bullish engulfing pattern completed and we have the wicks indicative of new lows being rejected Going long @ market price 1285.53 with Stop loss below the lows @ 1275.84 and provisionally targeting the 1296-1300 level Don't bet the farm and always exercise good risk management.
This is my potential Long setup on gold. this is a 1 to 1 setup once the trade is close to 100 pips up will I then move SL to breakeven. I do see gold potentially reaching 1300 but that will take some time, for now 1275 is my target 1.
Is it possible that gold can't break next resistance? Good Luck