Hi Traders, here is the full Video Analysis / Breakdown for XAUUSD .
A like & a Follow or comment is a Free way to Show your support!
1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change )
2.Use Risk Management (Risk 1% of your capital)
3.Do your Own analysis!
4.Follow for more Analysis like this!
Your Support is...
I am looking for a pull back to the 1987.200 area and a continuation of going up. Gold has been making historical highs lately and as of now I don't see that stop. I am still overall bullish on this pair unless the market tells me otherwise.
Correction could be found with Andrew's Pitchfork and simple trend lines and now its time to trust fib. to see where this correction will end and continue to going up..
Carefully watching support levels are between 1709 - 1711,
Fib. 30% 1730,55
Fib. 50% 1737,14
Fib. 61,8% 1743,72
Please do not take this idea as financial advice..
XAUUSD Is Already Buy Mood.
XAUUSD Has 1-hour support zone $1696
Market every time pullback from support$1696 To resistance $1718
If market Break the resistance then next resistance will be $1740 Zone
Market Break break 1-hour support Zone then next support will be $1670
Don't Forget To HIT LIKE and FOLLOW ME
If You like My Idea
Gold -0.22% dropped towards $1188 levels yesterday before reversing sharply back towards $1200 handle. The yellow metal is seen to be trading at $1194/95 levels at this point in writing and could be looking to push through higher levels going forward. A simplified wave count has been depicted on the hourly chart indicating the potential termination of Wave B at...
It's in all the chart - xauusd.
Please tell me what you all think.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level .
Only trade when you see...
XAUUSD is approaching our first resistance at 1325.87 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 1302.72 (horizontal swing low support, 161.8% Fibonacci...
XAUDUSD is approaching our major support at 1322.59 (61.8%, 100% Fibonacci extension, horizontal swing low support). A strong bounce might occur at this level pushing price up to our major resistance at 1332.31 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (34,5,3) is also approaching our major support at 6%, in line with the...