Spoiling yall with a bit of goldddd!!!! Thanks guys for watching - share your ideas down below :)
Hi Traders, I hope you followed my previous GOLD Analysis. This is basically what we can expect for gold for this next week ahead. hope you have happy profits *Dont forget to drop me a like , Comment and a follow. we appreciate the support and it will encourage us to make more free analysis like this for you all :)
Our BITS Indicator for the TradingView Platform was spot on for XAUUSD this morning predicting the Short breakout trade on the 60 minute time-frame. the move hit our 4th target price. Now we can see a low volume move back up and if this continues to run out of bullish momentum, we will be turning to our BITS indicator on multiple time-frames, to look for another...
Please watch the entire video for a full breakdown as to why price is behaving this way & where it will go next. Price is looking to grab liquidity at 1469 which is exactly where the first bearish channel descends creating a heavy resistance level there. Once those orders have beengrabbed expect price to see a downwave at least into the 1440 Range. Upon mulitiple...
price will rise to 88 then fall to 77 then go to 1527
Gold seemed to be moving up pretty aggressive this, but slowly showing sign of weakness.
So far we got a head and shoulder pattern formed and a retest. This looks like a solid text book trade to the down to target somewhere around 1450.00 or 1445.00.
We offer information and technical analysis about investing in the forex and crypto markets, but not personal advice. Please remember past performance is not a guide to future returns and that investments can go up and down in value, so you could get back less than you put in. ~Anthony
GOLD, where to buy and sell and in the next few days and weeks Price hit March 2013 high - how you can trade it watch in this video
Thick pink line - High set in August of 2013 Weekly range - Refer to price oscillating within the range with no clear close above or below the range Last week range - Create another range using last week high and low Thick blue line - 3rd Quarter Open (July's Open) Liquidity pool - Refer to areas of interest, as i believe most people put their stops behind...
XAUUSD - Gold - Overall BULLISH to $1358
Gold - BEARISH - Position Trade - TP - $1250
Gold has dropped further this past week and has reached an interesting level experiencing a slight pullback on Friday. Is this the beginning of the highly anticipated bull run or is it simply a slight retracement ? Watch the full video for my analysis. If you find this video helpful please make sure to also like, comment and subscribe.