Waiting a sell signal on 1hr TF and break of ascending canal between 1340 - 1342 -> 0.786 Fib Level. First target 1330. Still waiting for 1311 and 1290 target. GL U all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
***Just a trading idea/opinion, NOT financial reccomendation/advice ***
Gold is testing first support at 1321, should be broken then will see 1310 (second support) and 1300/1290. 1340 already not reached...be aware. However 1290 always in my view. GL U all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
If current candle closes red breaking the wedge, a drop to 1321 may be seen for today. Let see. TARGET 1321 GL U all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
Shorted with SL above max high TP 1290 GL u all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
Possible H&S formation on 15 mins TF, breach of Neckline and possible breach of support at 1322...let see next candles... ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
Great bull run of gold drawing a perfect way up supported by a trendline. Little retracement ongoing towards the blue TL. Wait for the break to short heavily, US session on the other side may push prices higher. Pplease fill free to comment GL U all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
Maybe Gold bull run has find a stop...let see. First TP 1310. Long TP 1290 ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
If trendline holds, 1303 at least on the way...if trendline breaks, big sell incoming (1286). ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
After Yesterday drop to 1275, Gold rallied nicely to current level of 1295 touching orange new trendline formed after bull trap of some days ago. Only daily close may confirm a bullish market. Current spike seems more a "take profit" of Yesterday massive sell. US market rallied gold, so it could be expected a drop. RSI on overbought (not at all at 4hr). Let see...
Bearish Divergence. Potential little retracement in a bullish daily candle. ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
OANDA:XAUUSD Dear all, GOLD has been rejected at his most strongest support area at 1266/1270. Yesterday bump has projected Gold to hit again his resistance at 1286/1287; Correction in act in the last few hours seems forming a bull flag which could lead Gold to retest 1281 support and consequently project it to hit 1290 neckline (daily H&S) resistance. Elliot...
Despite current bears party on going, this daily candle looks like a "profit taker" of past long green candles. Today prices seems have retested the long green TL which is still holding despite the bear trap acted last days rhen prices reached 1269$. During next days we could see a retest of black TL. At that point, prices will break and fly or will...
Dear all, possible bullish regular divergence on 15 minutes TF; as per previous post, it seems that gold is ready to rebound to 1290 in next days. Actual divergence seems to set up the perfect way to rise. Be carefull anyway, tight SL. Target 1290 Let the money talks GL U all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***
Prices hit again 1280 level, strong resistance and center point between rising and falling. Possible hammer formation on 1hr TF. Let see how it evolves. 1290 target still in place. Let the money talks GL U all ***Just a trading idea/opinion, NOT financial reccomendation/advice ***