If already have the position of Gold, hold it, don't sell it, nor short it. It would be a stressing period before Gold jump high again. Follow the trend. See weekly chart.
gold spot eyes on 1930$ if sustain abv thna nxt up side 1938--45+++++ where support 1917--15$ in mcx styabv 59205 thna buy on dips with tight sl tgt 59350+++++++++++ yes looking sharp up side if lvl broke
Symmetrical triangle formation on gold futures chart, break of below triangle trendline, profit target of 1921/1894 and if the PA breaks above trendline then TP1 - 2010. Current trend is sideways, and we might get 1968.
Greetings everyone, I hope you've had a productive week with successful trades. I wanted to share some of my ideas on the Elliott Wave Principle. It's crucial to make informed decisions and exercise patience in all transactions. As per a quote from (J.F.), a professional analyst of the Elliott wave principle, amateur traders tend to focus on the possibilities...
gold stya abv 58880 buy on dips tgt 59100 expect use sl 58770- looking spot abv 1921 till 1928--30
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For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail...
In this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunities and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
On GOLD is nice to see strong sell-off from the price 1941.5 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... S/R zone from the past + Downtrend +...
sell godl blw58620 sl 689 tgt 520--377 looking some dwn fall ahead of cpi data
I will not short but on technical I see gold going lower
Gold has been in a retracement and it could be deeper until reach a SPDA because of DXY. But if the price break the zone that is right now, then we could think that the price could go directly to Targets. On the right side we have the futures that make confluence with the Scenario. So we need to wait for the Time and Price to take decisions.
sell gold stya bwl 58900 looks dwn fall epxect tgt 58810--750--500++++ sell on rise must with tight sl at daily chart looking gold spot bw 1920 dwn side 1915--13 blw 1913 will see 1903$
Last week, Gold showed some great strength and finished higher on the week after bouncing off some good trendline support, and this week we have seen the market selling off back towards the low of last week right near 1940. Gold is trading in this range now, and it seems the bears are in control for the time being as there is not a strong fundamental reason for...
For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail...
hello Friends , over a long time LoL , here we have a nice hunte to taste it COMEX:GC1!
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It's very nice to see how price reacted at the CL, then came back to the U-MLH. And again price got rejected at the U-MLH. The A/R line is broken and now price has a good chance to travel to the Center Line again. btw: This trader has the same idea, just using another technique: Great one, I really like this.