Gold has ranged above the low of 1283 for the past 4 trading days. And last night, there was an attempt to break below the range which it did so base on the smaller timeframe from H4 onwards. The price made a strong pullback but it still failed to stand above the range or make a higher high. Thus in this case and with the head n shoulder formation, the price,...
Entry Price: 1304 ake Profit: 1260 Stop loss: 1320
XAUUSD forms the flag pattern which is exactly in the Fibonacci area 61.8 This will be in line with the strengthening of the dollar on DXY
Good afternoon traders, Here we have a possible short position on gold , before entering we reccomend you to wait for a strong closure below 1311.00 with an impulsive candle, you can also look for entrys in a smaller timeframe such as 2H or even 1H. We also reccomend you to pay attention to the monthly key level as the trade can reverse! We will be updating as...
Guys gold is droping soon, watch out See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Expecting a bearish movement either after breaking the bearish flag or after a extended pullback. either way i see gold as bearish in medium term.
The graph above is a monthly graph, You can see that the price is stuck between 1145 and 1357 The strategy, in this case, is to buy that we are close to support and sell that we are close to resistance until one of the roads is paved and then we will follow this path Sell XAU/USD (GOLD): Entry Price: 1289 Stop Loss: 1360 Take Profit: 1140
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Why, after the impressive drop made by gold, we still recommend selling 1. We have support for the 1150 area and resistance in the 1345 area, Right now we're closer to resistance and it does not look like he's going to break it. 2. Once he touched an average moving 100 he started his fall like the previous two times. 3. The trend in the last two months is a...
Sell gold on breakout! 1.) Rejected on trend line 2.) Bearish Engulfing 3.) Double Bearish Divergence 4.) Daily & Weekly Overbought This is not trading advice, this only my analysis on gold. Used this if you already know the risk.
that is a easy trade for the next 24h max he came up without any data or comment..so usually it back from where it came from in few couple of hours
1310.79 is an area of strong support turned new resistance ( old support orange arrows ) We also have a strong trendline ( TL ) which has been touched more times than... well something that has been touched a lot ( I wont put anything rude as I will get banned, so just use your imagination.... if you have 1 ) ;p So we are looking for price to close below our...
I see sell pattern on Gold. So i opened sell order on 1313.66 SL near 1321.50 because gold can make last higher correction. TP1 - 1308.50 RRR - 0.7 TP2 - 1305.60 RRR - 1 TP3 - 1297.50 RRR - 2.1 TP4 - 1277.00 RRR - 4.76 I do not hope that Gold will quickly reach TP4. But it really can and we need to know potential. And if gold and USDJPY has negative...