XauUsd: Channel down has formed (CP: 1229.6) Bearish movement expected... Possibly price can reach 1220-1212.5 Conviction: Mild
XAUUSD TECHNICAL CHART -Price is losing momentum to the upside; -Price has completed an ABCD structure. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
XAUUSD / INSIDE BAR BREAKDOWN
XAUUSD Supply zone you can find other patterns such as Inside Bar or Bearish Pin bar Use Lower time frame to enter will be a good choice We can short gold now, SL above 1215 TP: 1173
XAUUSD HIGH-RISK SETUP BUT SMALL LOSS! If the price doesn't break that minor zone or start to stall too much, then we don't have a trade. Simple as that. After all, we might be wrong, but we have an SL for that, RISK MANAGEMENT for that and patience is a blessing in this game. Thank you for support and likes. Feel free to comment below.
XAUUSD SELL OPPORTUNITY Potential pullback or corrective structure in short term.. Thank you for support and likes. Feel free to comment below.
XAUUSD (GOLD) - CONSOLIDATION RANGE - SCALP AND SWING IDEAS If the price doesn't break that minor zone or start to stall too much, then we don't have a trade. Simple as that. After all, we might be wrong, but we have an SL for that, RISK MANAGEMENT for that and patience is a blessing in this game.
LIBRA PATTERN + 0.618 LEVEL SHORT XAUUSD AT 1207.8 SL : 1213.6 TP : 1197
XAUUSD waiting for pennant breakout and buy short term resistance 1212$ to price go higher on daily candle should close above 1212$ Mid term Price Target : 1307$
XAU/USD had broken over the 50 ema but wasn't able to hold on top of it. It has now broken back under and we can expect the move to continue further lower. You can put a pending order to short at 1189 just as it breaks its current support area. The first TP would be at 1180 Second TP: 1175 Third TP: 1170 *If you agree with this analysis, please make sure to...
XAU/USD labeled in an ABC swing, with A complete and B almost complete. Wave B is labeled with an Ending Diagonal in the last C leg. Expecting a bullish swing to commence.
A beautiful opportunity has presented itself with XAUUSD. It has broken the 50 ema on the 1 hour chart and as it keeps losing support, we can expect it to drop further to anywhere near 1190. *The move is canceled if the 50 ema on the 1 hour chart doesn't hold as resistence. This is a day trading move. Risk 1-2% max. Trade safe!
Welcome everyone Wait for the price action in 4h time frame then open the position. Good luck.
GOLD possible goes down for next support zone.
Gold is likely to go upside after US data release. i will sell it near 1201-1202 for the target of 1190 and 1185.