My dear friends , I analysed this chart on GOLD, and concluded the following: The price is coiling around a solid key level - 1934.70 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 1946.26 Safe Stop Loss - 1927.79 About Used...
GOLD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GOLD Entry Level - 1934.26 Stop Loss - 1922.40 Take Profit - 1952.06 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
OANDA:XAUUSD FOREXCOM:XAUUSD Gold analytical series, Episode 25 Hello Traders, please check out my previous ideas. targets are on the chart. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by...
Dear Traders, The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs. Our latest analysis of XAUUSD (Gold) indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly. If the trendline breaks to the upside, after it retest the trendline we get...
The gold price is nearing the demand and break-even zone, leading to sellers closing their positions and buyers entering the market. Just do it
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 1923 zone, XAUUSD was trading in a downtrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1923 zone. Trade safe, Joe.
Looking at the 1hour timeframe the level we marked out 4h ago in the linked idea below was pretty much perfect, from here we can expect to see price retest the top of the range and if we're lucky, we may see a breakout to the upside so that we can get entries on buys.
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago traded inside the upward channel, where it broke the 1910 support level, which coincides with the buyer zone. Next, the price reached 1945 current resistance level and later broke it too and continue to grow. Then Gold made a little...
Gold (XAUUSD) broke below its 1H MA50 again (blue trend-line). Within the 2-week Channel Down pattern on this chart, every time the price broke below the 1H MA50, it continued to a Lower Low. With the 1H MACD also under a Bearish Cross formation, this is a clear technical sell signal and below Support 1 (1925) is Support 2 (1912.60) for a potential Lower Low. We...
Good evening GOLD GANG! how the devil are ya? ... hope you had a great weekend and are ready to go once again into the realms of market manipulation with me NFP news last week was a good one, first shooting price down, where most analysts were thinking .. bearish. Which probably triggered lots of sell orders .. however .. we booped my level to the PIP and shot...
Gold has been declining since the opening of the session with the result of -0.5%. Earlier a false breakout of 1943 was formed, most likely the price will continue its fall, but only after breaking the support of the bearish channel TA on high timeframe: 1) After breaking the support, the price forms a retest of 1938.9, but makes a false breakout 2) Liquidity...
We are currently in a tricky range, despite price looking heavily bullish on the lower timeframes I would be cautious as price is known to reject and range within this area Look for trades outside of this range and we can see a much clearer picture on where price wants to go and take trades based on that Patience pays.
Here is our detailed technical review for GOLD. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1935.00. Considering the today's price action, probabilities will be high to see a movement to 1962.09. P.S The term oversold refers to a condition where an asset...
OANDA:XAUUSD has weak buying power at the moment. There is no update of local highs, the price is returning to the support retest. The probability of support breakdown is increasing On the daily timeframe the price tried to test the strong resistance 1939, a false breakdown is formed and consolidation below the level. After this phase we saw a local...
Preferred direction: SELL Comment: The beginning of the week assumes the strengthening of the US dollar in all directions, including, of course, the Euro. This currency pair continues to be under the full control of the seller. At the moment, it is necessary to wait for the price to close below the level of 1.09623, which previously showed itself very well....
Preferred direction: SELL Comment: Recent buying ideas should be noted, as the setup formed at the beginning of the new week indicates the likely strength of the seller. The situation is somewhat reminiscent of the current situation for the Canadian, the idea for which was also published today (see ideas below). The formed balance to push right on the support...
We are back into the range we were stuck in last thursday, based on this I would be cautious on taking any trades untill we get a rejection at the support or a close below the support so that price can continue down. until we see price make a decisive move, I'd be wary of taking trades in this range as it can get messy.
Last week the NFP has no proper effect on market as it do but here now for 2 days im believing a correction to be done in this area & considering a bearish breakout down to 1920s area. This can be possible in CPI on Wednesday.