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Goldlong

GOLDWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
MCX:GOLD1!Long
by Rvkachhadiya
💡Don't miss the great buy opportunity in XAUUSD (GOLD)Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1697.6). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 67. Take Profits: TP1= @ 1723.6 TP2= @ 1745.1 TP3= @ 1763.5 TP4= @ 1785.1 TP5= @ 1809.9 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDLong
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in GOLDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1798.7). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GOLD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 53. Take Profits: TP1= @ 1831.7 TP2= @ 1858.0 TP3= @ 1871.9 TP4= @ 1891.8 TP5= @ 1920.0 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDLong
by ForecastCity_ME
2
Gold's Golden Rule Of 89% (Pack Your Bags For Big Ride)Gold's Golden Rule Of 89% Golden history of last 50 years have shown that Gold has give big move whenever there is a minimum 89% move from bottom. Chart is self explanatory. There are three successful incident of min 89% move and two unsuccessful incident of less than 89% move. Successful Incidents 1. 1970 - 1972 2. 1976 - 1978 3. 1999 - 2005 Unsuccessful Incidents 1. 1982 - 1983 2. 1985 - 1987 Fourth move in the making from 2015 - till date. So Gold is getting ready to fly again. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
FX_IDC:XAUUSDEducation
by MandeepSinghKohli
18
GOLD Gold retraced 61.8% of previous rise, it tooked support perfectly from 61.8% and lower bollinger band on daily time frame, and it had once again managed to hold above the RK's stop loss line on the closing basis, after taking support & closing that doji type red hammer candle, next candle closed positive and also given good follow up upwards, also buy signal generated in RK's Magic Buy. Most possibly it is confirmation that reversal started now and may be wave ii completed and wave iii can unfold. retraced 61.8% levels macd in hourly positive above zero line macd in daily converging towards upwards rsi in hourly uptick Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
GLong
by RK_Chaarts
Gold at 2600?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 valid if the depth of the flag retracement holds above the 50% level, above 1600. It seems that price has closed above the down trending line on the weekly chart. _______________________________________________________________________________________________________________________________ Price action in the daily timeframe could again pullback in the flag area and consolidate further before moving ahead and breaking out. This is not a short term trading but an investment idea, the target projected from the mid of the flag would be close to 2600 and should be achieved within 2 years from the point of a successful breakout. One could accumulate slowly at current levels. _______________________________________________________________________________________________________________________________ Like and follow for more. :)
TVC:GOLDLong
by Tradeception_
GOLD MCX EDUCATIONAL IDEAGold mcx Descending parallel channel pattern breakout along with good intensity of volume, along with rsi breakout and directing towards north. Just to learn or educational purpose One can go long at breakout with stop loss of breakout candle's low which is pegged at 46854 for targets of 47569, 48111, 48808, and 49558. This is just a learning purpose idea. Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
MCX:GOLD1!
by RK_Chaarts
5
GOLD MCXGold has possibly completed its complex correction in wave II and now it looks like wave III is unfolding, today it has given breakout from the down sloping resistance trendline, along with macd positive crossover and uptick in daily time frame, other indicators are also giving positive signs of uptrend at breakout point, as wave III unfolds, gold can possibly rise higher towards 52000 and more, one can go long at these levels or in dips ( if any ) with key levels mentioned on chart. wave struchture could be like this key levels are mentioned on chart macd in weekly macd in daily ready to bbc rsi in daily uptick and ready to cross above 60 levels dmi adx positive ungali Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
MCX:GOLD1!
by RK_Chaarts