Gold upside vs downsideRight here is where the gold's price could pivot to the downside (1850) for a healthy pullback. If it is still moving on up to 1950, expect a push to 2000. By price 1950, gold would have gone +20% from the most recent bottom.Longby TrustThePhi4
GC1!In the short term, waiting for the price correction to collect the orders needed to continue the climb ... #GC1! #XAUUSDShortby violet-forex2
2011 high gold resistanceThe price of 1920 should be a fair amount of resistance because it is along term high from way back in 2011. The recent rally could pull back at this stage.by MrAndroid0
Key resistance is nothing, Gold now at 61.8 Fib levelGold flew pass the key 50% Fibonacci retracement resistance region and ended the week at the 61% Fibonacci retracement resistance region. Price remain extended especially on the weekly time frame. If price continues to move towards the $2,000 price region without retracement or sideway movement, shorting without confirmation may seem favorable. Nonetheless, the 61.8 Fibonacci resistance level is also a key level where short entries should only be taken if there are valid confirmations. Shortby TrainingTrader0
GOLD..Buy This Nugget Good breakout after a two year pattern...TGT along with Time Tgt given on charts...Longby JUDEBOY7
Gold analysis - 4 hourly chartThe 4-hour chart starting to confirm the analysis conducted in the higher time frames by MarkLangley0
Gold analysis the weekly chart I now observe the price action of the weekly and assess the next possible move, we slowly building a picture. Next i will do the daily time frame by MarkLangley0
Gold analysis I am showing you my process of working through a chart that could help you I will post charts to show the thought process Firstly the monthly chart, currently has seen a top when we broke above the previous high, why because the market was divergent and thats why now unless break is explosive and corrects that divergence the gold will struggle to get to much higher by MarkLangley0
Part2 moving to lower time frames Once you have accessed the higher time frames then drill down into the lower time frames to find trades in the contaxt of: - 1. continuation, pullback and buy again 2. ending and looking for trade set up to buy-sell 3. consolidation Educationby MarkLangley0
Always a good starting point for priceTo access the value of an asset class for context always look at your higher time frames to where you are in the structure of the move before moving to lower time frames for the trades.by MarkLangley0
Gold Update. Gold has had its 50% retrace, and has cleared key fibs. Targeting 2200 by year end. In cycle. Possible pullback in summer and ramp up in fall. Longby UnknownUnicorn131010
Cup and HandleThis has met long entry level which is the left side of the cup. Stop where you see support, No recommendation. T1 has been met. by lauraleaUpdated 2
Gold giving multiyear breakoutGold giving multiyear breakout with good volume and after forming cup and handle pattern. Time to aggregate gold.. Longby dranilkb860
Gold target 1 about to hit and target 2 on the way to $2,004Target 2 is already choosing upside to $2,004 Larger Cup and Handle has formed. RSI >50 >70 Uptrend Now there are a few reasons why the gold price is heading up in January 2023 US Dollar Weakness First we are starting to see a but of U.S. dollar weakness. As the US Dollar weakens, more investors move money into higher-yielding assets, which can lead to a rise in the price of gold. We call these safe havens. The DIXIE is still showing downside based on the last analysis I did with a Head and Shoulders pattern. January Effect January is common to see investors have some form of increased demand for gold. It's based on them offsetting their taxes end of the year and now they want to deposit their money in safer places like gold. Chinese New Year xīn nián kuài lè We also have Chinese New Year coming where it's a tradition giving gold during the holidays. This can also boost demand and the price up. Longby Timonrosso3
GCG3 High: 2000.00 Low: 1866 HigherWeekly Kickoff levels are longer timeframe levels where we believe longer time traders will adjust inventories.Longby TopstepOfficial0
GOLD FUTURESGOLD FUTURES The rise of very strong gold has also penetrated the bite of strong resistance and the shape of new peaks and is likely to return to the highest peaks that are considered targetsLongby ELHASSANE-TRA1
GOLD IS GOING TO REACH 1926 soonin the begining of this years and under some reasons gold making a big move and that surprise most traders , the weakning of the usd and the ukranian russian war and much move explain why gold going to reach higher prices time to time, any correctiong will be made will be small compare of the buy rally sLongby heromanme0
Gold OverboughtGold is overbought on the daily but it has gone further into overbought in the past. Just something to watch.by hungry_hippoUpdated 229
Keep an eye on this oneGold is nearing strong resistance. Wait until the price is rejected, it will probably try to break the resistance more than once, but I don't think it will before a correction towards channel support.Shortby ArturoLUpdated 3
SHORTif you guys want to buy the upper bollinger band, be my guest. From my experience, buying above the upper band and selling below the lower band are both mistakes. Also, we see a clear divergence in the RSI (RSI is not confirming this bull move)Shortby fhwc21d48cc321dafb4c29331
GC: Gold Wednesday PlanWaiting balance trade on volume base area. If these zones hold and make small balance, i will trade those zones.by togofutures0
set upLooks like gold is setting up a nice flag breakout potentially to the up side. I personally think it will break to the down side, but the market doesn't care what I think. Shortby stonez061