The GOLD market has created three Lower low and now taking support. I believe that GOLD will rise more and will filled my define targets.
The market of GOLD is taking support on Demand zone by made long wick with small body candle, which is giving strong indications of further upside movement.
In the picture I have mentioned the resistance zone. If market gives strong breakout to above side then buy it other wise look for sell opportunity.
Gold has broken the support level of 1850 $ and closed below it. Price is pulling back to the previous support zone, which became a resistance. A classic "BPC" pattern. Breakout-Pullback-Continuation ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
XAUUSD has tested major structure support at 1850$ as we predicted yesterday. The price is rising from the support level. We are considering buying a short-term price pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
- Today is a very important day for XAUUSD. The reason for this is the release of the USD JOLTS JOB. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. So far, the US DATA received yesterday is slightly MIXED DATA received. But according to the INDICATOR RULES, they managed to make USD UP. - US10Y is now up to 3.00% LEVEL. It was a...
When current candle crosses the previous candle high then put buy trade on Gold. This analysis called single candle stick pattern.
As we can see on weekly timeframe xauusd making Cup&Handle Pattern an also if we breakdown to lower timeframe especially on Daily timeframe he just making descending channel which mean he would continuation bullish as soon as possible We just waiting for clear flag on timeframe 1H-4H to execute long However this plan can be false if xauusd making new pattern...
So We saw a very strong movement on gold this last week. And once gold reached 1780 price, it has started to pullback since then. By just looking at the last strong impulsive movement to the down, there is a high probability that we will be seeing some correction movement in this upcoming week, there will be some buyers towards the price of 1840 (very likely...
Hellooo...My Dragon Friends I see XAUUSD possible go to 1830-33 the resistance. couse the COVID case still UP, Risk On Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends. I see that have PINBAR candle Stick at GOLD. and finish it going down. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
#xauusd, monthly and weekly chart forming higher high and higher low, monthly bar of April did not make lower low and broker high of the month of March, similarly May monthly bar broke April monthly high. 1855 initial demand zone for long, if breaks this level then next high demand zone for buy 1840-30 area. 1888 is hurdle where sellers may attempt to involve in...
Gold spot loosens its shine! An elevated NFP stats moves the instrument lower and starts accumulating net positions lower to the downside. Historically it performs well either bullish or bearish but an area of consolidation is taking place with an accumulation of liquidity at play until it breaks either way. My bias is still bearish before a return to bullish...
As we can see Gold has made Higher High and Higher Low consistently and also he respected Golden area fibo 0.618 i expected gold stil running as my forecast now im gain 600 Pips since my previous forecast uploaded so guys , if you want to execute gold currently don't forget to waiting for bullish flag However gold could FAIL to Bullish if he can't break the...
As we can see xauusd making clear structure on 4H timeframe (Falling Wedge) and also we can see on higher timeframe xauusd has been hit the most important trendline my opinion for this trade will be looking for bullish momentum , which is i was took trade on 1675 before my expectation for gold , he will hit trendline on 1877 for long term so if you guys follow my...
In the daily chart and by price crossing the trend line, the uptrend is confirmed. In the 240-minute chart, according to the wave count, the price is in sub-waves of the 3rd wave from “ i “ point , which can be extended up to the range of $ 1967.
An uptrend that starts at $ 1764 and ends at $ 1875 can be a 5-wave movement. The price is currently in the corrective phase of this trend, which can be extended up to $ 1805. The main confirmation for the uptrend will be received when the price crossing the range of $ 1965
In the 240-minute chart, with the price increase, we should consider the end of the downtrend in the range of $ 1764. If the price can cross the range of $ 1898, the first confirmation will be received. In order to get the main confirmation for the advent of the V wave, the price must cross the range of 1965.55, with 5 ascending waves.