The Solomon Number of Gold is: 1768 Instructions: A- Every increase in price is an opportunity to sell. The Target is Solomon Number 1768 B- Once the Solomon Number is touched the analysis is no longer valid to enter or take short again. D- Apply proper risk management according to your balance. 1st short entry@ now 2nd short entry@ 1779 3rd short entry@...
Advice For Day Traders: XAUUSD is not tradable between the range of 1766 to 1745 . They are trend changer levels. Gold's Simplified Trading Strategy: According to Elliott Wave theory, it was in a corrective wave. It has completed the ABC, and now gold can start marching for a new impulse phase. Therefore, we can expect the gold's target price 1782 - 1790+...
If you followed my previous posts, you are certainly loving the profits that came forth. The gold did break through, and dare I say, it is now going to rebound back up for a retest. The chart above has nothing new added to it. The reason I am sharing this is to show you the trendline resistance that I had already drawn in my earlier charts. The trendline acted...
"In the name of Allah, the Most Gracious, the Most Merciful". XAUUSD Big Dump Is Coming Soon. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
FOREXCOM:XAUUSD SELL 1519.65 SL-1566.09 TP1-1447.10 TP2-1386.79
profit zone for GOLD , now between 1206-1216 , open the long from the baseline and short from the topline. until it break out the zone we will see the the gold rise up to 1250-1260 , 1280-1300 again ! low SL , high TP , good ration for the profit trading! GOOD LUCKY
Break of the neckline on the weekly chart confirms drop past the head and shoulders pattern for XAUUSD. 3 targets set for profit taking based on prior lows, with highest swing being the length of the pattern, confirmed by the lowest low of the target swing. As always, monitor price action and stay patient in case of pullbacks. Take note if price retraces back to...
XAU/USD Complete Price Range then will sideways or make some correction to contineu bearish trend Watch and wait price action in vital price & area Write trading planing and exit planing to backup your trade if your analysis going wrong Always write exit planing first before you go in market calculate the risk according to which you are able to receive it limit...
Morning outlook - XAU/USD slips to 1,303.75 Yesterday the American Dollar continued to strengthen against the yellow metal and even managed to form a little descending triangle, whose lower support line matched with the upper boundary of a former long-term ascending channel. In the early Thursday morning the bullion lost another 0.33% and slipped below...
this is my gold idea please read the comments on the chart please
So far, XAUUSD played out perfectly in our analysis. You can refer to our previous charts posted here. RR is amazing on this one. Trade safe!
Hey guys, This is more of an update to a previous analysis we had. We had a good short on gold before we went long on the rebound. It is now clear that gold broke to the downside and it's trying to go for our new zone highlighted in our blue rectangle. We could see a bounce off the last FIB or it could go straight down to our preferred zone. PA is always key. We...
Since price has been following upward to retest resistance (down/green) trendline, it can attempt to test other resistance: the past high swing & resistance at that price as is (blue line). Test of these prices resisted may be needed to ever start a short condition, yet Daily TF:(Following image) shows attempt at resistance (MBL slightly upward (yellow line), but...
SO MANY CONFIRMATIONS AND WAITINGG NOW TO BREAK THE 61.8% ZONE 1219 NEXT TARGET !