Gold has given a positive breakout with good intensity of volume, all key levels are mentioned on chart, one can go long at current levels or in dips (if any) with stoploss of 1803.75 key levels are mentioned on chart intensity of volume is good at breakout candle macd in daily time frame macd in hourly macd in 30 minutes dmi and adx positive ungali in 30...
Bullish Bat Pattern Closing Price - 48053 SL - 47849 Target - 48215/48283/48365
Midterm forecast: While the price is above the support of 1744.50, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades if the Midterm level 1744.50 is broken. Technical analysis: A trough is...
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
#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...
Midterm forecast: While the price is above the support of 1744.50, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades if the Midterm level 1744.50 is broken. Technical analysis: A peak is...
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...
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 $
AS gold above the trend line if continue traded above 1880-1890 level than we expect a move toward 1965 as we see 1878 is the resistance level it test multiple time and came down and now it around that level if traded above we expect good move RSI ABOVE 70 ALSO GIVE A STRONGE APPROACH TOWARDS MARKET
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.
One can start accumulating Gold here at this level. It has retraced to 38% from the March lows. Also, the area is a support area. The RSI is also forming a falling wedge.
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.
Description: The XAUUSD (gold) is moving between the price range of 1676.98 and the 1756.28. Both the flat-top resistance and the support base are seems to be stronger. Therefore the counter is expected to continue in the parallel channel. Trend trading is very difficult for this condition. Breakout of the parallel channel will determine the trend of the...
Gold in make or break level. Enter only after the confirmation candle (Weekly). RSI is in the overbought zone!
DESCRIPTION: The price of the counter XAUUSD is maintaining above the support baseline at the price 1721.19. The baseline has been tested more than thrice. For the past couple of days the counter's price is moving near support baseline and there is no indication for a breakout. The bullish trend of the counter is expected to continue further. The buying mode of...