From 1150 level back in August 2018, Gold rallied up to 2075 highs in August 2020. After that peak it corrected to 1860 in March 2021. 1860 became the short term bottom for the price as price found support there twice in March. Later in August and September price found support twice in the 1730 zone as marked on the chart. The bullish flag pattern would remain...
GOLD in a nice consolidation to start a move? its a long basing pattern with higher lows. keep in watchlist.
All Indicators show that Gold is loosen its strength So Why not Short it Right Now to make some cake.
#Gold is showing same pattern as observed in 2005 ready for breakout for the target of $4000-4500-5000 in 4-6Year . It's a good time to invest in gold . Gold is expected to form its base above $1730 in july 2021 as its has also formed base in july 2005 so same is expected to happen this time also according to pattern on the chart . Gold should not give monthly or...
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect, GOLD arrived in the 1920 area as I predicted 4 months ago ... it rejected until the 1970 area as can be seen from my analysis last week and the climb to 1920 started again! If he rejects again from that area ... I think there will be a massive descent on...
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 $
Hello Traders. Hope all are doing well. I have observed the potential wealth creator trade in gold. I see a clear down trend for short time trade and we can enter the market in a pritty good risk to reward. as per analysis Point 2 is considered as Stop loss & Point 3 as Target. As you can see in the analysis. If any questions please text me up. Regards.
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.
Gold in Technical has been respecting trendline and resistance on weekly. We should see a surge upwards if it sees a losing above the rectangle zone/trendline. Gold is yet 20% from the ATH. Global economics should give an early sign for gold price to go up Disclaimer - Just my View and not an advice #Gold #XAU #Bullion
For the past two trading weeks gold was trading within confined range and unable to break on either side 1795,1760 was acting as strong barrier.Kindly watch the break out/down for potential buy/sell Upper side target would be 1815 and on downside immediate target would be 1750.
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.
As anticipated previously Spot gold failed to break is major resistance around 1750 -1760 and fallen sharply from there. Gold prices are now likely to test 9th March 2021 Lowes which is $1676 On the daily chart currently gold prices are trading in a downward sloping channel. If 1676 dollar is breached a test of the test of channel lower level is possible...
1. Gold took support from key support level. 2. Formed tweezer bottom. 3. Also taking .382% fibonacci support. Buy Gold With Strict SL Of 1670$, 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.
Why am I so confident of 1670-90 zone.., the same zone gave support 5 times earlier and it is the 6th visit to same zone.., It is the zone from where 400 dollar or 25 percent upside rally started.., And it is the zone of inverted head and shoulder breakout,, Expected Road map - 1680-1758 - 1698 - 1815- 1768 - 1868 (channel top) Buy the dips and keep...