In next coming Im looking bullish momentum on GOLD. As per the technical analysis GOLD took support from the Demand zone which is perfect to rise it.
I am bullish on GOLD. I did an analysis on DXY (Dollar Currency Index) and I found that DXY has little bit more strength then it may fall back and GOLD will rise.
I am looking buying opportunity on GOLD in upcoming week. As per my analysis on Dollar Index, I found that DXY has gap in the bottom. So, later or soon, DXY will fall to fill its gap and if this will happened, then obviously GOLD will rise.
Dollar currency Index took support on its D1 time frame, which is seems very strong and Gold accepted it supply zone from 2087 and now falling down. I am bearish on it. DYOR before taking trade.
On Friday night Gold has strongly breakout its BOX and then went up. As we all know that the war between Israel and Palestine accelerate on Friday and due to this GOLD rise sharply. Now GOLD is at its major resistance 2075. If this level breakout, then GOLD may rise further.
Gold is ready to breakout its all time high soon. As the war between Israel and Palestine accelerate, we may see GOLD more higher. Better to look buying opportunity on it.
I have mentioned all the buying reasons why to buy GOLD in coming week. Do your own analysis before taking trade on it.
Australian Dollar getting stronger against the EURO. I believe that EURAUD may fall from the current price to the 50% level of Fibonacci. Trade at your own risk.
Do not look for sell opportunity on it. As we all know that the situation between Israel and Palestine is not good and the conflict getting rise because other countries are getting involved in it. Every support is an opportunity to buy GOLD.
I am sold it because on D1 time frame market made HH but the confirmation of sell I got on H4 time frame. Hope we will make handsome profit on it. This trade may be long term trade to hit TAKE PROFIT 3.
The war between Israel and Palestine spreading fast and other countries are getting involved in it, which is much dangerous situation. In this regard people are converting their money into GOLD, that's the reason of bullishness in GOLD.
Due to the war between Israel and Palastine, Gold rise much on Friday. If this continue (War) then Gold will fly more.
I am seeing much weakness in NZD currency. This analysis is based on Continuation pattern. I much sure that market will fall further. Do proper money management.
The market of USDCHF making continuation pattern and I believe that it will be rise more. Better to look buying opportunity on it.
As we all knows GOLD has a gap below at 1830 and market will come down to fill it. It will be better to look selling opportunity at every resistance or on every high volume.
Im seeing bearish momentum on XAUUSD (GOLD). It will be better to look sell opportunity on it.
The GOLD market is on its major support line and also on weekly support which is giving us much bullish signs. I am looking for buying opportunity on it in next week. Every support on H4 and H1 time frame is best time to buy GOLD.
If know the concept of supply and demand, then you know what I have made. This is sell opportunity. I am much sure that GOLD will fall more from here.