Buy Stop: Buy Stop: Entry: 2734.755 Stop Loss: 2716.706 Risk 1:1 Sell Stop: Sell Stop: Entry: 2766 Stop Loss: 2780.943 Risk 1:1
It's important to look at Gold against various currencies - this can translate as a country's financial trust/stress barometer. The Gold in CAD chart has recently formed a nice classic bull-flag on the weekly candles. Continuation of this bullish pattern would bring Gold to a new ATH for Canadians.
Two projections are suggesting Gold/CAD will be at 3052 31-May-2023. The first projection is from 1-Oct-2018 on the weekly scale. The second projection is 31-Oct-2022 on the daily scale. Trend-based Fib extension (8-Mar-2023, 17-Mar-2023, 21-Mar-2023) has 1.618 projection at 3054.
Let's see how this cup and handle thesis plays out for gold priced in loonies
Technical Analysis Similar leaning head and shoulder pattern to start of Q4 of 2021 for Gold price. Used same slope as 2021 for estimating trend line forecasted to a take-profit level at 2114 Support level. Estimated time frame for take-profit orders would be around September 2022. MACD and RSI convergence shows bearish signals in the short-term. Big swing in...
Beloved loonie is giving it up to gold. Nice breakout area
Great looking consolidation last few months. Price pressing up against high of range. Looking to bullish setups on smaller time frames and expecting nice follow-thru on breakout of this range
this is my bullish technical idea and price action analyze . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
OVERALL BULLISH TREND SO NOW WAIT FOR COME AND TOUCH Trend Continue TO BULLISH MOMENTUM . ONLY FOR MY OPINION
Bullish breakout of last swing high developing. Completed backtest of downward trendline. Maintaining trajectory of longer term upward trendline
THIS IS MY BEARISH TREND ANALYSE. WAIT FOR FALL BACK PREVIEWS SUPPORT AND RESISTANCE ZONE AND WAIT TO HOW TO RESPECT FOR PRICE IN ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT YOU CAN SELL YOUR ODER LH LEVEL HOWEVER WAIT FOR STRONG PRICE BREAKDOWN TO BEARISH .GOOD LUCK
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Looks like a nice low risk breakout entry - long
Gann stuff, so, On Aug 7, 2020, the ath was in. Using this date, and converting it to price =2008.07. Well, the time required to get to that point of reversal is 302bars. Divide the price difference (2762.43-2008.07=754.36) by the Bars 302 and a pretty nice ratio, of 2.5:1 is the result. The chart scale is 5:1 (5 dollars in price and 1 bar in time), so this...
Using a chart scale of 1 bar = 5$. Text notes in idea indicate my thoughts. Don't rely on this analysis, I have no idea what I am doing :) GLTA!!
All moving averages are down on the Kumo Cloud and T/K average.
crazy how the channels hold the price. I posted the channel a long time ago, divergence stoch showing up so close to a turn up
AB = CD? Pitchfork, STO and Hull agreements?