CFDs on Gold (US$ / OZ)
Currency: XAUUSD Anchor area: 1955 If the price is trading above the pivot area, the trend is positive. The first resistance: 1963 The second resistance: 1970 If the price is trading below the pivot area, the trend is negative. First support: 1943 Second support: 1932
Hello, guys! Every day new surprises, new mistakes, and challenges! I am holding tight and trying to think straight! Let's see what tomorrow brings. Good Luck!
After making HH, the price action is due for brief correction. The price action is expected to experience some resistance from ascending and descending trend lines before its break-out. Chart assessment suggests trade entry on break-out with SL and TP on the basis of RRR 2%. P.S.This is an educational assessment and guess work and not trade recommendation....
GOLD SPOT - XAUUSD: Bearish Trendline Breakout confirmed. Bull Flag Pattern occurs on the 1-H timeframe, Breakout indicates a bull run towards $1960.
Pattern of Bullish Flag has been seen in the M30 chart. There are high chances of XAUUSD to fly up to 1940 - 1960 from the current level of 1925. FOMC will play a crucial role to fly high in the sky. Hope for the best. This is only for educational purpose.
Potential "M" Pattern?? Neckline breakout and retest done. So if this pattern is valid then we could look for 1901/1897 as a potential target.
Currency: XAUUSD Anchor area: 1923 If the price is trading above the pivot area, the trend is positive. The first resistance: 1931 The second resistance: 1937 If the price is trading below the pivot area, the trend is negative. First support: 1916 Second support: 1908
GOLD HAS TO DROP VERY SOON. there is no more demand on gold and sellers start to move in!
Bearish Harmonic on Gold that could potentially send it price sub $1700. If so, DXY = 116 - 130+
XAUUSD has formed a 121 bullish pattern on its hourly chart. The price is trading above the EL: 1904.61 WALL: 1913.28 ST: 1895.93 Target1: 100% AB: 1929.01 Target2: 38% XA: 1952.58 62% XA: 1967.18
I'm looking for Gold to break 1928.20. its making clean headway to break through 1928.20 to the upside. Once it has enough momentum to break the resistance we should see price go further up.
Gold if does not give daily close above 1951 then it can fall till 1902-1910.. its also making back to back divergence on daily chart..
I'm using a supply and demand strategy or be called SND on gold in the timeframe m15
Dear Traders, Gold continued its uptrend on the 26th of January 2023 and but could not go past 1949.1 and then gave convincing double top in 4hr time frame and later close below the previous daily high of 1942.4, that gave me the confirmation I needed to sell at a retest of 1742-1744 zone and we exited the trade at 1922, where my buy trade set up activated with...
Gold managed to push down from 1949 to 1919 and the support seems to be holding strong atm. Now the price is ranging within the symmetrical triangle and if the price manages to breakout to the upside first then look for resistance around 1935/38 and it could be a potential level to short it down again to target for lower support of 1912/06 and below that 1897/93....
Gold making parallel channel and now going to make HL Entry 1930 TP 1920 SL 1940
Gold looking for a good drop ! expecting a impluse wave towards downside ! may be a 3 rd wave of A according to elliott wave theory !!
Daily order blick in supply zone, Fibonacci point, divergence in RSI