So, as stated before, gold has been moving in a channel until the peak and falls and broken the uptrend. Currently gold is in a consolation structure, our best option is to sell at resistance and take our profits in the consolidation demand zone, the best selling zones are At $1984.0 only if the price reach this area of value from the current price level...
See My Xauusd Weekly Level Analysis. Sell At High
XAUUSD appears to have broken uptrends on the weekly and lower time frames of 1D-4h, which was certainly moving in a channel. Gold appears to be weakening as the price has fallen by almost 28-34% in the last 5-10 days. The price is below the 2080.0 resistance level on the charts, and if the price remains below this level, then the stock could show a...
At present, gold has broken through the upper resistance level and reached above the resistance level. Now the resistance has turned into support, so we need to change the direction from bearish to bullish, so today we can wait until the support is not broken before backhand Buy. From a morphological point of view, the current price is within the previous range...
Kindly check my weekly XAUUSD levels. Its my own idea only. you cane plan yourself and take the order carefully see my levels guys.. please like & share my idea friends..
FOREXCOM:XAUUSD OANDA:XAUUSD Hello Traders, please check out my previous ideas. In my opinion, everything you need to know at this stage of the gold price movement is in the chart. If the price breaks above the Bollinger midline or stabilizes above the 1915, the bearish scenario probably will not occur. Targets are shown on the chart (1935 is my risk-free...
Hello guys, I hope you're all doing well. As for the obvious downtrend chart pattern we have for gold, I think there are two possibilities: 1. The price will turn back up until the upper downtrend line and then return. 2. The price will continue falling until 1887. In my opinion, if the price turns back upside, it won't have as much strength as if it...
My view on gold today is that it will rise first and then fall, so I am waiting for a rebound to 1930. I am selling here. The trend is now completely in line with my expectations. According to the plan, the rise has been realized, and then it will fall. Now the gold 4-hour level K-line is in a range-bound market during its decline. Once it falls below the range,...
As I predicted in my last two analysis GOLD act the same way. As per my analysis, GOLD is still in bearish mode and may fall more but for the short time of period it may rise little bit. Every resistance is the best to sell the GOLD.
1926Sell has entered the market, and now the market is running in a narrow range, and the market will continue to go down, so keep the bearish thinking unchanged! Gold was in a downward trend on the 4th hour, and the rebound was suppressed by the K-line. The rebound did not break through the key pressure position of 1925. The bulls rebounded weakly, and the final...
There are a thousand kinds of waiting in this world, but the best one is called the coming day, and I am willing to stand here and count down from this second, waiting for the encounter in many years. Life is just to come to the world to taste sweet and sour, bitter and spicy, and then leave with all the happiness and sadness! All we can do is not disappoint...
At present, gold bears are the absolute main force, and they continue to fall and fall endlessly. Those who are short-selling have repeatedly made profits, and those who buy the bottom against the trend are miserable. Technically, the continuous decline makes the price need to rebound and correct! Only by stopping can we move forward better. Running all the way is...
Dear Traders, XAUUSD dropped as it described in our previous setup, however, that setup has longer term vision. While looking at intra day possible selling entry, we have a good chance of catching 250 pips trade. Like and Comment as always thank you for your continuous support.
Hello traders, Gold has been rising since 21 August and forming a correction to wave iv. I am expecting price to make a reversal from 1946 to complete wave v at 1840.
Yesterday's market bias: the Fed rate hike policy is getting closer to the end, so the rally! The technical trend broke through a new high, the support level of 1908-1910 moved up to near 1924, and the next trading plan took the trend back to go long! Join me and don't let hesitation and procrastination affect your earning speed!
Late on Tuesday, US President Joe Biden expressed concerns about China's significant challenges, sparking fears about the global economy and a potential conflict between the US and China. These apprehensions have also prompted gold buyers to take action. Adding to this, the Wall Street Journal (WSJ) reported that the Biden administration is contemplating imposing...
The price of gold (XAU/USD) faced selling pressure around $1,917.50 during the European session. After a brief decline, the precious metal is expected to drop further to an intraday low at $1,910.00. The sell-off in gold was triggered by the positive performance of the US Dollar Index (DXY). S&P500 futures have extended the significant losses seen in the Asian...
Gold is going to touch 1842 by today. With having top resistance at 1868.