Gold formed channel pattern and takes support at 1820. bottom support will be 1805 and 1794. short term resistance (1832 and 1860).
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1854.75). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a uptrend, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Gold is forming a Inverse Head and Shoulder Pattern. Once the neckline s broken we can see a surge in gold price. Entry :- 48700 - Buy after neckline breakout ( should happen around 48600-48900 range) SL :- 47200 Target :- T1- 51500 , T2- 53200
Expecting a sweep below 1670 for a long run bullish target 2000
Gold price at trend line support with clear RSI divergence. Good for medium-long term investors.
All Indicators show that Gold is loosen its strength So Why not Short it Right Now to make some cake.
As NFP news early this moth made a rally or impulse to the downside in OANDA:XAUUSD , now we enter in a corrective phase to fill the vast ineficiency created by this news. As we enter this corrective phase, perfect buy zones are 1760 - 1750, and in particular 1756.5. I suspect that the corrective phase will last 25 - 35 days. Is perfect moment to activate EAs...
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...
In the monthly time frame, gold gives a clear pattern rounding bottom, which is a big bullish pattern for a far long target. It has given breakout and retested the breakout level. Now it is amazing to see the bullish move from here. We can also see the bullish move from 1800 or some below the level in the weekly time frame. If this happens we can expect the first...
The Decreasing Momentum and Rising Inflation. Gold is Expected to be Down Today. (June, 15, 2021) The Rising Inflation is the killer for Gold Price Action Momentum. This is the Reason of Depletion of Momentum. Traders are in Extremely Fear Sentiment. The Current Momentum is suitable for Scalp Traders. Currently t the Time of Writing Price Action...
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 $
XAUUSD Long R/R= 1:2.3 I'm just beginner, Ready to learn. If I do any mistake, Please guide me. thank you
not financial advise just analysis . Share your thoughts
In my view after double top gold will fall for 1880