Pattern: Channel Up on 4H. Signal: Bullish once the price enters the MA50 buy zone. Target: 1595 (1D Resistance). Previous successful Buy Signal:
Pattern: Channel Down on 4H. Signal: Bullish if the Lower High trend line of the pattern breaks as the RSI is already on a bullish divergence similar to November. Target: 1585 (symmetrical Resistance).
Pattern: Parabolic rise on 1D. Signal: Bullish as after the parabola broke down, the price reached the Support getting rejected on the 6-month RSI Resistance Zone. Target: 1640.
XAU/USD Sell limit ENTRY 1 1514 Entry 2 1519 SL 1525 Tp.1 1502 Tp.2 1496 Tp.3 1491 Tp.4 1486
Pattern: Channel Up on 1D (blue channel). Signal: Bullish as the price is rebounding on the Higher Low. Target: 1485 (Lower High of 1W Channel Down). * Observe the 1D RSI, if it breaks above its Channel Down we may have a bullish break out of the 1W Channel Down. Basically is the Green Triangle breaks, it justifies a push towards the Resistance Zone.
Pattern: 1D Channel Down. Signal: Bullish as the price made a Lower Low and broke above the Channel's median. Target: 1490 (just above the 1D MA50).
Pattern: 1D Channel Down. Signal: Bearish after the price was rejected on a nearly symmetrical Lower High on successive rejections. Target: 1453 (former High).
Pattern: Channel Down on 1D. Signal: Bearish as it is approaching the Lower High of the Channel. Target: 1453 (former High).
Entry @ Market Price (approx. 1519.00) SL @ 1510.00 TP @ 1535.00 / 1545.00
after price rejected from trend line i see a potential sell .... how ever we set tight stop loss with big target so hope u all the best
Pattern: Emerging Channel Down on 1D. Signal: Bearish after a Death Cross has been formed on 4H. Target: 1485 (1D Support) and 1465 (Channel Down Lower Low) in extension.
I see an up move to gold . however it reaches to an important area whivh i think will go up .. however i see 1480.206 is the last station for gold i recommend buying gold with tight stop loss would be at 1480.00 ..
GOLD SHORT SELL IDEA h1 frame sell setup easy setup in gold
Pattern: Channel Up on 1D. Signal: Bullish after the price makes a new Higher Low as per fractal comparison. Target: 1440.
Pattern: Channel Up on 1D. Signal: Bullish as the price is reaching a Higher Low. Target: 1460 (because of the dashed lower slope Resistance).
Pattern: Rectangle on 4H. Signal: Bearish on the 4H Resistance and 1D Resistance. Pick depending on your risk tolerance. Target: 1,390 (the 4H Support).
Gold has entered its 5 year Resistance Zone (1350 - 1365). This alone is an immediate sell signal. What's even more interesting though (and a stronger reason to go short on Gold) is the cycle that the metal tends to seasonally follow every 1.5 years. The chart speaks by itself. I have distinguished two time periods: 2017/18 and 2019/20. Every time the price...