for me, I see a pullback to 1765 and then a possible long position...
The is my expectation for the #XAUUSD will wait the next few moments the result Take the Fist or the Seconds Profit and close all before the market close
Everything is clear on the chart entry region, stop loss and levels for targets are represented on the chart. There is a potential harmonic bearish deep crab pattern. Any cricitism is appreciated This idea is not investment advice. Regards, Zelâl Ada
XAU pullback to 618 sell this is my own veiw and not trading advice
Today, as per our previous analysis, XAUUSD breaks its trend and touched 1301. Now as per technical and fundamental analysis, we can see a pull back towards 1292-1294 So Sell / Short at 1301 T.P 1: 1294.324 T.P 2: 1288.532 S.L : 1304.313 Do your trade with proper fund management
XAUUSD is approaching our first resistance at 1295.80 (50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1267.81 (horizontal swing low support, 61.8%, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price....
XAUUSD is approaching our resistance at 1308.29 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1299.48 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support). Stochastic is also approaching resistance...
Believe it or not, the structure unfolding now could be pointing towards $1183 potential bottom in Gold (short term). The yellow metal broke below its lower degree triangle consolidation yesterday and touched $1189, before pulling back higher. A fibonacci extension of the drop between $1211 and $1192 earlier is converging well with the previous support (wave iv),...
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...