Given that the price is in an important support range, we can expect growth to the specified target. (Scalping)
Gold seems that it technically has not finished the correction yet. It has formed a reversal pattern below the resistance 1830 which is so important. Hence, I supposed that it has technically potential to drop IF we LOSE the SUPPORT and price drop below 1800. Otherwise we would expect to grow due to inflation. So watch it carefully for this big...
If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)
Hello traders, Gold in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The purpose of this analysis is to provide you with an overview of the direction of price movement. In this analysis, we examined wave 4. Given the strong rise in gold last week, I think gold has started its...
Hello traders, Gold in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The purpose of this analysis is to provide you with an overview of the direction of price movement. In this analysis, we examined wave 4. Given the strong rise in gold last week, I think gold has started its...
Look at the chart in any way you like. Wave count, harmonic pattern or price levels. All confirm the end of the uptrend. Candlesticks also signal the beginning of reform. When? I say it has started !!!
Price is reaction insde our pivot level at 1,816.07 which is in line with -27.2% Fibonacci retracement level, 61.8% Fibonacci extension level and trendline resistance. Price could potentially drop towards support at 1,800 which is in-line with 23.6% Fibonacci retracement level, 78.6% Fibonacci extension level and ascending trendline support. RSI is also at...
Weekly Update : Well, as we saw last week, gold was able to break its dynamic and static resistances and stabilize itself with high strength at the $ 1810 level, to continue growing up to the $ 1834 level, we can expect a pullback to the broken level and then to Let's move our target. Next week we also have NFP , that can determine the main direction of the...
Gold looks good for a long term sell position. It is currently on a very strong bearish trend, thus we should expect ver strong bearish moves.
GOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price. My approach will be a sell here at 1801 Potential downside target 1775-1768 Maintain stop loss around 1814 Trade as per your risk appetite, I will be glad to see your likes & comment.
Hi everyone! In the last idea I designated two options of succession of events. And as, resistance at the level of 1805 is overcome up, the price should reach the following strong resistance at the level of about 1825 (it is designated on the chart). Then I expect price movement with establishment of new minima down. My old purpose 1640 remains in force. Now on...
The market is bullish in the long run, but it needs a high volume, which has not entered the market at the moment, so we expect a slight slope.
Well, as we saw last week, gold was able to break its dynamic and static resistances and stabilize itself with high strength at the $ 1810 level, to continue growing up to the $ 1834 level, we can expect a pullback to the broken level and then to Let's move our target. Next week we also have NFP , that can determine the main direction of the market. What do you think ?
As we can see, today the price has attacked its resistance with a lot of power and we have to see if it succeeds in breaking this range or not.
XAUUSD currently oversold weekly supply zone, DO NOT FALL IN BULL TRAP. Best level to sell at market price after bearish breakout confirmation on trending line. Keep tight SL. Do not expect big gains, bears immediate TP 1800 price area. Bulls get ready to reload after pullback. Trend is BULLISH. Bears set up to trade small intraweek pullback. Bulls stay out of...
Hello Friends, Here in GOLD we've clear formation of gold to have one more bull move into correction for now. So, firstly i'm considering its fall around 1780s area & from there it take a bull push which stop around 1797s. So next & the final target on bulls i consider it from 1800 & above till the resistance & in only case when gold break the 1797 level...
Multiple resistance at 1809, 1815 and 1833 Unless those level brake within the next 5 days I see gold going back down below 1750 if those 3 level do not brake. I believe nfp will send it up next week the question is will it hold or not? Comment down your thought below