Confirmation is necessary ! OANDA:XAUUSD
rounding bottom & then touchdown to support & bounce ...on monthly scale ... it must lead to 2743 as 55% from bottom of 1770
Buy Gold On Dips With Strict SL Of 48600 (Weekly Closing Basis) For Target Of 56000
#gold nice reverse H&S on daily chart break of $1900 on closing basis will mean new highs r coming .
According to this chart, gold has started falling from August month. Doji appearing in the last trading session. It's signaling a possible reversal. If gold follows the dynamic resistance, we may see a continuous downtrend. That can be up to 0.5 ( 47300 ) to 0.618 ( 45200 ) of Fib retracement. Fib retracement: Swing High: 56191 Swing Low: 38400 Here's...
Gold must take support level from here Strong weekly support and 200 days moving average support Target - 1 $1900 and Target-2 $2000
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1799.4). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Gold (XAUUSD) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
XAU/USD just hit a Daily Resistance zone. First Stop will be Last Weeks Support zone.
Gold took support from Daily 200 Day Moving Average BUY GOLD ABOVE 48700, Day Closing Above This Level Will Make View Solid, Strict SL - 47500 (DCB), Target - 50300/51000
Gold is respecting the Fibonacci levels and there's strong possibility it can go further down till 127.2% Fibo level i.e. ~48,200
Go Long in gold with sl of trading price below 1755 on 4 hour closing basis. for an upside of 1820-1835-1860. gold has a potential of 1950 and more.. one can follow the rule of trailing and part booking. Cheers.. :)
Gold Mini once above the falling wedge, it will give massive pullback, wait for price to gain some strength above the wedge
Price action trade, Gold taking support at 49900, it may confirm double/triple bottom, once price breaks above 51200
Market is Rejecticing from Lover Levels every time according to Trendline..........Its Price action