TECHNICAL : My simple point of view for XAUUSD. im personally assume that XAUUSD in D1 and Weekly timeframe are creating Bullish Flag. Since the price are retraced at point 50.0 Fibonacci Retracement, and doesn't cross the bottom trendline, Price go Up again. While price Going up again and again, prices break the TOP Trendline ( Flag Trendline ) So i put that...
Looking for longs on 0.5 fib retracement retesting previous confluences: broken descending TL, respectable ascending TL, and previous area of S&R. Long term target: 2060
STRONG BULLISH MOVE! Clear retest of the 50% fib weekly level.. probably gonna wait to short this pair long-term.. or get in for a quick buy scalp until we reach our sell zones...
Gold had another significant drop but continues to respect the upward trend line, we will have new highs for the nexts months!
Hi ! ⁂ BUY zone: $1820-$1900 ↳ the rest of the analysis summary, shows at the chart feel free and welcome to comment and post your own idea and forecast. Remember: this is a positional trade and I may share opposite trades during the coming weeks. this is my core INVESTMENT approach and less frequent trading orientated. good luck !
**ENG** - Gold is almost reaching our all time high, however, we are expecting some kind of reversal from the 1900 level. - This view is at the weekly timeframe but we would be looking for entries at the lower timeframes, such as 2H/4H. - Huge potential reward from this pair, just be extra careful when placing entries. **PT** - Gold está de momento preste a...
GOLD WILL CONTINUE PUSHING UP TO 1786 AND THEN WILL SEE A DROP TO 1550-1590 AND WE SEE A MASSIVE PUSH TO THE UPSIDE.IF YOU WANT TO TAKE A LONG TERM LONG BUY POSITION YOU HAVE TIO WAIT UNTIL GOLD REACHES THE POINT 1 IN MY ELLIOTWAVE ANALYSIS. HOPE I HELPED YOU DEVELOP YOUR LONG TERM VISION ON GOLD . SEE YOU SOON GUYS
Gold about to fly high!! Don't forget to follow me for more update.
Gold target price of $1566 I posted earlier on the weekend and today has been reached. I will now be looking for LONG TERM short positions around this zone.