Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Forming Ascending Triangle Chart Pattern in 4h Timeframe. (Bullish Pattern)
At the Moment, Gold Facing Strong Horizontal Resistance (1978) & On the Verge of Breakout.
Upside Breakout Expected So Wait for Breakout & Retest.
In Case of Upside Breakout, Target Will be Around 2005 (New All Time High) & If Trendline Broken (Triangle Broken...
now i guess we are facing with a bullish Triangle as you see
usd is not strong these days so i guess it gonna be work
about 600pip profit
I also suggest to Risk-Free your Trade because overbought RSI in 200 pip
plz share your Idea with me
Gold has created an ascending triangle pattern in the hourly chart, which is a Bullish Pattern.
The overall market structure is Bullish which means that the uptrend is likely to continue.
A strong break of the minor Resistance at 1780 will accelerate the uptrend towards 2000 and 2025.
The rectangle I have highlighted in my chart can be a possible Buy entry....
On Gold we can spot this nice Continuation Pattern. I expect price to go up. I marked all important levels on the chart. These h1 Supply and Demand Zones. Follow Price Action. Wait for the retest for more confirmation.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your...
I am seeing short term corrections to MA 200 level & previous ATH (1920ish). However, from that level XAUUSD would complete a cup & handle pattern which implies a strong breakout once it rises above the handle. Overall I am bearish in short term, but extremely bullish on long term gold price based on the global economy shrink and geopolitical collisions.
The price has been at the same level for a long time, pending. I still continue to expect it to fall down to the support level.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
GOLD is trading in consolidation triangle
Price is based on HVN at level 1973.95 which indicates that gold is in accumulation phase
We r waiting price to exceed key level at 1982.50 to open long trade
It's expected to target level 2056 as a classical target of consolidation triangle
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
Strong Bullish Signal:
The price continued rising, which is a good signal for the further endurance of the local uptrend.
We need to point out the new level of support 1961.00 - 1966.50, which contains the large volume. The price is trading above it right now.
This indicator shows that 60% retails traders are in short positions,...
I decided to take a look at Gold Spot (XAUUSD) in the long-term... This is the yearly (12M) chart.
All the details are on the chart.
We are looking at Gold at a value of $3043 this or next year... Based on TA.
I will leave the rest to your imagination but the Fibonacci numbers are telling that Gold can reach $7800 in a matter of just a few years...
Gold consolidated underneath $2000/oz and today has broken through. This is exactly the type of behavior I would expect in a bull market.
My mind is always open for a pullback, but now I think $2000 can be used as a first support level.
My long term positions across the mining space have done the best and probably give the least headache.
Hi Traders, here is the full Video Analysis / Breakdown for XAUUSD.
Please Press Like and follow!!
Keep this pair on your watch-list.
1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change )
2.Use Risk Management (Risk 1% of your capital)
3.Do your Own analysis!
4.Follow for more Analysis like this!
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