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#GOLD it's possible to buy#GOLD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area 1st support: 1683 Next Zone area & horizontal swing Low support 1st Resistance 1789 Zone area & horizontal swing high resistance
TVC:GOLDLong
by Skandhatrade
Gold buyers are all set to revisit $1,787Gold pierces 50-SMA as it braces for the weekly gains with a four-day uptrend. The upside momentum also gains support from the MACD and RSI indicators and portrays a nice bounce off the previous monthly peak. With this, the yellow metal is set for refreshing the monthly peak surrounding $1,787. In that case, the $1,800 threshold gains major attention ahead of August month’s high near $1,808. It’s worth noting that the bullion’s successful run-up beyond $1,808 enables the bulls to retake control and aim for June’s top surrounding $1,880. Alternatively, failure to stay beyond the 50-SMA level surrounding $1,756 could drag gold prices towards the seven-week-old resistance-turned-support that also encompasses the 100-SMA around $1,730-28. Should the precious metal fail to bounce the key support zone, the 50% Fibonacci retracement level of its September-November upside, near the $1,700 round figure, could act as the last defense for buyers. It should be observed that the quote’s weakness past $1,700 won’t hesitate to recall $1,680 on the chart. To sum up, gold buyers are all in to refresh the monthly high.
OANDA:XAUUSD
by MTradingGlobal
#GOLD it's possible to buy#GOLD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area 1st support: 1683 Next Zone area & horizontal swing Low support 1st Resistance 1789 Zone area & horizontal swing high resistance
TVC:GOLDLong
by Skandhatrade
#GOLD it's possible to buy#GOLD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area 1st support: 1683 Next Zone area & horizontal swing Low support 1st Resistance 1789 Zone area & horizontal swing high resistance
TVC:GOLDLong
by Skandhatrade
GOLD BEARISH FORECASTGOLD SEEMS VULNERABLE TRADING BELLOW NEAREST RESISTANCE Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction. You can check all my work, you can understand my style of analysing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
FOREXCOM:XAUUSDShort
by CELGIB_TRADING
USDCAD H1 Bullish ForecastUnited States Dollar vs Canadian Dollar USDCAD BULLISH H1 US Dollar has been down over the past week and it is really amazing to spot an opportunity for the upcoming raise of US Dollar. Technical analysis: We found several reasons for the USDCAD pricing to go high. 1. USDCAD has pumped up from support level around 1.32313, where 8H TM was managed to be kept by bulls. 2. 1H TM raising trendline has been respected in the recent pricing in rows, after the second touch the price has printed a cup where the handle in process of making, from the end of handle we expect third touch of raising trendline where we'll enter our buying positions for our clients. The entry zone may be 1.33586 or 1.33523. Target1 There'll be resistance around 1.34088 this will be first target for short time traders and BreakEven for long time traders. Target 2 The 1.34994 area is next resistance for buyers once the first target is done.
Long
by CELGIB_TRADING
1
#GOLD it's possible to buy#GOLD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area 1st support: 1683 Next Zone area & horizontal swing Low support 1st Resistance 1789 Zone area & horizontal swing high resistance
TVC:GOLDLong
by Skandhatrade
GOLD H1HI GUYS, i hope all of us diong very well gold h1 chart update last few days we are posting chart analysis its hit ratio alomst 99%,we analysis the market move after move very closely every day , we are using pure price action and fundamental ,use this information wisley more accuracy on your trading bullish targets 1757,1753 this zone HOLDING above the price next target open on 1767 1771,1767 this zone HOLDING above the price next targets open on 1780 bearish targets 1757,1753 this zone HOLDING below the price next target open on 1757 1757,1753 this zone HOLDING below the price next target open on 1747 thank you so much... guys use this informtion wisley
OANDA:XAUUSDShort
by Forextamil