i think after nfp gold got weeken now it will go up to fill that imbalance lets see how this goes
Bullish Bat Pattern Closing Price - 48053 SL - 47849 Target - 48215/48283/48365
GOLD FINAL WORD: Buy Gold - Closing Price - 1877 $ SL - 1670 $ (Monthly Closing Basis) Target - 2800 $ (Time Frame - 2 Years) If SL Triggers Next Buying For Gold Will Be 1400-1450 $ SL - 1040 (Monthly Closing Basis) Target - 2000 $ / 2800 $
GOLD has broken its long sustained downtrend on a daily chart. It has also crosses and sustained a strong support level of 1850. Good upside possible from here.
Although there has been a good breakout from 1750 levels still it could face Resistance around 1800-1850 levels. Crossing 1800-1850 it may get into its long term uptrend direction.
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GOLD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
1. Gold took support from key support level. 2. Formed tweezer bottom. 3. Also taking .382% fibonacci support. Buy Gold With Strict SL Of 1670$, Closing Price 1726$
one can long Gold as per their trade setup for swing trade if find reversal from these harmonic patterns PRZ. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
HELLO FRIENDS, HERE IS GOLD TRADE SET UP AS PER HARMONIC PATTERN GOLD BUY NEAR 46500 TO 47000 LEVEL WITH SL OF 46985 FOR THE TGT OF 50,000/- HAPPY TRADING FRIENDS
Sine Line Suggesting Gold Is Making Bottom. 44650 Is Major Support.
price is at crucial horizontal support which is also the base of the triangle pattern. breakout is expected.
Buy Gold On Dips With Strict SL Of 48600 (Weekly Closing Basis) For Target Of 56000
I am expecting the price to fall below 1850 by next week
As everyone is expecting gold to break alltime high $2075 before US presidential election, the chart says gold will slide & trade in the range of $1736-1802 (demand zone) before making any further move upside. Long term demand zone $1560-1682 Fibo extension supply zone @2158-2460-2685 Expecting gold not to break $2075 within 3 months of time frame.
Gold Respect to its Support Level Chances to go more High Ever.
Forming strong bottom @ 1900-1950
One could argue is that the period could be of distribution, but I think that gold is Bullish in the long term. As I have shared in previous chart, so this looks like another accumulation to me.
GOLD Gold has crossed the major psychological level which is 1600.00 And currently trading at 1620.00 level It has broke the triangle formation and reached the top side level of 1620.00 We can expect short term fall back towards 1606.00 level From this level suitable long position may open at 1606.00 Take profit will be 1628.00 Stop lose may...