Long time no see!
So this looks slightly different than on my MT4, but idea is clear. I have a buy limit at that bottom blue line with TP all the way up to horizontal pink line. On my pont of view that green circle is a fake break out, following the news that day, (Don't remember which exactly.)
Hope this is helpful, good luck!
Gold-Dow flippening. As of now Aug 23, 2019, if you invested equal lump sum in gold and Dow in May 2017, you would have made more gains in gold than the Dow.
On our previous analysis our view on Gold was neutral but we now see Gold prices moving lower as the recent uptrend has lost momentum. This can be attributed to the FED minutes released Wednesday from the FED meeting on the 31.07 indicating as in Powell's post FED meeting speech that there would be no further rate cuts. Therefore our view currently is short unless...
market seem make flag formation and sometime i can see head and shoulder ...
and make solid support at 1493$ and resistance get pressure from seller
i chosse long for low risk
TVC:GOLD
As the central banking meeting in Jackson Hole proceeds, a bearish divergence was spotted within GOLD price trend.
USD/GOLD price diverged against MFI oscillator after GOLD formed a higher high, reaching 1534USD/OZ at a given trend channel. This bearish divergence indicates a slight buyers hesitation after GOLD peaked at five-year-high which was led...
Od the Daily chart how you can see on daily candles there is strong buying activity.
So in this case like that i am looking for the trend setup.
Trend setup bassically means that you are looking significant volume cluster. Like right now on Gold market around price level 1416. This is very strong
volume cluster created in rotation.
I expect that when market...
LOOKING FORWARD TO SEE THE SELLOFF AFTER A SLIGHT PULLBACK
FROM MINOR RESISTANCE 1500
JOIN THE EXECUTIVE FX TEAM ON TELEGRAM ( @executivefxsignals)
FOR LATEST SIGNAL UPDATES AND CHART ANALYSIS
ADMIN :(@fxofficial)
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
