Here we can see clearly the next move for GOLD today, we're expecting a small up trend (correction) move, before our big down trend (impulse) move, we've got our EP (blue line) & our 2 TP (golden lines). Keep a close eye on XAUUSD today, Happy pip hunting traders.
What happened the last week? Gold is on a hot streak! Last week, the yellow metal saw some relief as it went up against the U.S. dollar and other currencies worldwide. As a result, the gold has ended its three-week decline. But will this temporary victory be more than just an illusion? With uncertainty surrounding global energy production brewing into what...
Gold against Dollar pair's october bullish run expected to continue on the first week of November too, even though it breaks the support of 1787 last week, and it went down upto 1772 area and it made some recovery by painting a wick at last hours.. I expect it can be fake breakout and it may continue upwards towards 1818 price zone, Analysis only for education...
LOOK FOR LONG GOLD NEAR 1737/36 TP 1765 /1850 TRADE YOUR OWN RISK
we gonna wait from the price to test the broken Uptrend then we will Short(1780-1800)..or we will set our sell under the last HVN (High Volume Note of VolumeProfile) (1700)if price didn't achieve 1800 GoodLuck
My Idea on Gold this week is to look for buying opportunities, also seeing a M pattern forming but we would have to see how this couple of candles closes, Ill keep on a look out if it reaches the 1550.00 zone if it breaks structure will have another whole picture
gold is getting ready to fly, for target see chart. like and comments are main things for motivations.
XAUUSD 1H Structure break and pull back
XAUUSD Buy Trade: Buy Trade Based On Trend Continuation. A Perfect SL Is Around 1298. Leevels
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron