hello traders, as promised here is the full analysis for gold, if you have any question or you want to support me please leave a comment below and I will get back to you.
HERE ARE THE FREE EDUCATIONAL IDEAS I PUBLISHED UP TO NOW
PSYCHOLOGICAL LEVELS: simple and effective way to find key...
It's predicted that it at least retest the trend line, since it's failing to close above the resistance zone. A good entrance will be on the retest of the zone once it breaks it since it will be in confluence with the trendline. DO you agree?
GOLD sell set up -
Pretty straight forward set up and with great detail.
Sell from sell zone down to target zone.
LARGE swing trade this is, that could last weeks or months.
At the same time, accumulating around 2500 pips.
Any questions drop a comment :)
XAUUSD Breach of Monthly Resistance level (1326) could lead to a (1474) target and here's why. We expected price to breach the weekly highs because of its Higher Low (HL) weekly price action momentum
and the fact that price broke 1254 and retested it also adds to the cause.
On the weekly timeframe we broke the monthly resistance level (1326) to we expect for...
Gold is at a crucial point with price action reaching a major weekly resistance. Here we are looking for a pullback in price action, therefore we are short with take profits set on the green zones. OANDA:XAUUSD
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
A perfect complex inverse H&S just broke out and confirmed bullish.
Gold continues to act as a safe haven, as 10y cycle alongside with scrutiny between big countries, we are seeing BTC going up followed by XAU breaking out upwards, the fundamentals and technicals are...
If you look at the fundamentals, its looking really good. As a hedge against our financial system, gold is in great demand amidst the trade war, us-iran tensions, fed rate cuts (suggesting imminent recession) etc.
Now if you look at the technicals, its also looking really good. We just broke a major long term resistance around 1380. With both TA and fundamentals,...
We have all seen the run up on gold (XAU/USD), but we've come into a key level of resistance, and just broke an upward trendline to make a lower low (on the 15 minute chart). We also have divergence on the RSI that caught my attention. This is a counter trend trade, so trade with caution and only if YOUR rules are met.
Entry: 1424.50 to 1425.50
Powell said "we are also mindful that monetary policy should not overreact to any individual data point or short-term swing in sentiment. Doing so would risk adding even more uncertainty to the outlook"