Hello traders, my previous Gold idea to sell at 1902 level gave huge profits as
price hit our TP at 1865 and went as low as 1854. Almost 480 Pips profit!
(Previous idea attached below for your reference)
Currently, Gold has reached a minor support level from where a pullback might...
The price is now in a strong support zone. The picture for shopping is not broken, the trend is upward. I expect upward growth from the support zone. My target is resistance zone 1887.2
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Gold has pulled back over the last few trading sessions and the Bollinger bands have narrowed (green rectangle). This would suggest an imminent expansion and a volatility increase. We note, that although Bollinger analysis is insightful with regard to volatility cycles it does not have much to say on price direction. An expansion with price maintaining its...
Technical Overview: - COMEX GOLD $2000 LONG-TERM TARGET🎆
Use our analysis as a sentiment
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put...
This is not a long call yet just a preparation for an entry at the bottom.
Last week we lost the 10 SMA. I jumped out too early of my short trade last week : but never forget we were stealing money from the bull. When we hit the DCL this week gold, silver , miners and the whole PM sector will print a very powerful rally.
This is the second or third daily cycle of...
In this market situation, I am looking at multiple indicators
And I can see bullish momentum accumulating in the pair right now
This sentiment makes me bullish biased and I am considering a long
Like and subscribe and comment my ideas if you like them!
After a nice impulse Gold reached the upper trendline of a weekly descending channel.
The price got rejected and is now testing a support structure for a possible lower low retracement move.
According to Plancton's strategy if the price will break below we will set a nice short order.
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly...
Gold broke down the strong level, stopped in the support zone, confirmed three times. The zone is strong, so I expect growth to support the channel
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
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XAUUSD H16: BEST level to BUY/SELL GOLD 10%/20%(UPDATE)
Gold forecast for the week. Gold Has currently swept some liquidity on the daily. Daily is a large sell range which it has just broken today to make a new low around $1842. We have filled some imbalance on the higher time frames and we could see a pullback into $1800 before making another leg up. to new highs?
However short term price action, i believe in the...
In our previous forecast, we were expecting Gold to break the top once more. Unfortunately, the price started to fall, and looks like it will stay in this area for a while.
Our forecast for this week is that the bearish momentum in Gold will increase and it will push the price towards the support area.
Trade with care.
Hello everyone :) here is my analysis for this pair for the day.
These are not trade signals but my perspective of the markets.
I can only identify areas of interest for me to trade off.
Please only take the entries if they match up with the rules of your own trading strategy.
All analysis updated live inside the Qwertyelfx Trading Community as price...
GOLD broke the rising support and horizontal support cluster
And is now making a pullback to retest the broken level
From where I am expecting bearish wave to continue
With an aim of retesting lower demand areas
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See other ideas below too!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
XAUUSD on a weekly time frame we placed our fibo on the impulse leg to check the retracement which we have placed our entry to the 0.382 of the Fibonacci so we will be looking for buy setups and continue the upside direction of Gold
And we have created the setup on the 4H...