GOLD is continuously selling and rejected again and again from the trendline and levels 1700 and 1600, making it rangebound any side of the above levels can lead to a good target. the lower side is going to be the target up to 1620. the upper side is gonna be 1720 to 1740 and so on....
EDUCATION PURPOSE Here i have analysed abt my view on gold. Just learning and making notes of statergies.
Gold bounced but failed to break out from the range. The day began at 1664 yesterday. The price was bounded by a tight 1660-65 range early in the Asian session. It reached the early peak of 1677 at the EU session after Putin's speech. At the US Fed. The announcement, gold has rebounded quickly from the 1653 day-low to the weekly high of 1688. The day...
Gold was steady yesterday near the 2-years low yesterday. The market opens at 1657 back from the weekend. The price was rejected by the key resistance 1680 early in the Asian session, and the price kept moving lower toward the day-low near 1659 until the US session turned active. The day ended up closing at 1675, unchanged from the trading day before. The...
Awaited Fed. rate decision, gold prices remained stable yesterday. The day began at 1675, where the price overall was trending downward throughout the early Asian and European sessions. It cleared the S-T trendline(1) at the US session and traveled all the way to 1660, the daily low from the day before. The day ended at 1664, down by USD 19. 1660-80(2) can be...
Double top breakout in #xauusd. I think will get confirmed after this weeks #FOMC whether is a false one or not. If confirmed, minimum target = 1450/1400$ Technically, dollar index #dxy looking bullish in longer time frame so quite possible of the #gold targets given above. Only time will tell. #fingerscrossed. Happy Trading.
Gold analysis for the week starting from 19th September 2022. Use my levels and zones in either on Hourly or 15 Minutes or 5 Minutes for best Risk Reward trades. Never trade with out a stop loss.
MCX:GOLD1! gold on crucial support if break then we might see 47500 sooner or later but at same time it is on support if sustain then daily TF candle play a critical role for swing long. 📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments. Become an independent trader take charge of your own trades Learn ....
gold to sell when he break down, and if you want you can also sell from retest level.
Gold Broke Major support Expecting at least 200$ down from this level 200 weekly ema broken
Gold may come down to 1500 near strong support line can be seen 1800 - and 1680 But chances are pretty high that gold may touch 1500 level DXY is getting stronger and stronger BTC is also an option for the big investors
Gold cleared the 1700 support yesterday. The day began at 1791. The trading was relatively stable during the Asian and European sessions, within the tight range of 1700-07. The price cleared the 1700(1) support late in the US session, pushing the price to the day-low near 1693. The day ended at 1696, down slightly by USD 4. The market has been quiet since the...
Gold pulled back near the 1-week high yesterday. The day began at 1724. and the price was bounded by 1720-30 during the early Asian and European sessions. Once the US released its inflation figures, the price broke out from the uptrend channel(1) and dipped to the day low near 1697. The day eventually ended at 1701, down by USD 23. Although gold fell more...
Gold Sell trade opportunities Gold has broken the Support trendline and closed below with a powerful Bearish candle its a good opportunity to take a sell trade with good Risk Rewards ‘Always trade with Stop Loss
Gold Future trading at consolidation range Already double bottom and recovery from there... GOLD Future BUY above 50538 once the trend line breakout go long in Gold Future .
As you can see on the Gold XAUUSD chart, The price has reached a significant support level and it's possible that it forms a double bottom pattern and pushes the price higher to the trendline. In the lower time frame based on the minor levels we can look for breakout patterns or pullbacks to open the trade for the TPs. On the dollar index ( DXY ) the reversal...
Wait 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...