Gold broke out of Bullish flag pattern and going for new targets. First target is 2075 and final target is 2458. These are long term monthly targets.
Yesterday gold completely broke through the parallel price increase channel and the SPDR fund yesterday had no move to trade gold. Today we will have news from the FED due to Mr. Powell's speech. This is a very important speech. greatly affects gold. On the D1 chart, the stochastic is falling sharply and the histogram has a decreasing trend, so today our SELL...
Gold has broken down from the consolidation from the flag pattern. Bearish overhang on the commodity is likely to continue in the near future and we can see some more correction coming in. There were a lot of gold positional longs and they will perhaps have the trailing stop loss triggered, that can lead to some fast moves on the downside.
Gold Dropped huge on the last friday as a correction mode with strong Data but Gold bias still strong here expecting level HKEX:1987 -86 in continuation and sell with small retest HKEX:2012 -15 on Monday and below TSE:1980 -82 we will go for TSE:1945 -35
i think market was goin up so reject a up side resistens and market was go down
OANDA:XAUUSD GOLD has formed Double top pattern and if Monday it retest neck line and goes down then we can plan for sell side. plan your trade accordingly...
OANDA:XAUUSD XAUUSD Gold has given a consolidation breakout and if the breakout candle closes well we can plan for selling side, if it takes retest we can go for short.. plan your trade accordingly....
TP 1811 SL 1820 Bearish Hamer Confirmation Sell Tread GO SELL99%
pin bar candel stick pattern confirmetion go sell now oky done !
sell now abhi nhi to kbi nhi sell now abhi nhi to kbi nhi sell now abhi nhi to kbi nhi
BULLISH TREND higher chance can be excepted, after sideway market. if 100 moving average and Fibonacci level breaks, better stay away from BULL side.
Reason for XAUUSD SELL 1. Bearish Engulfing Confirms Further Sell Movement in Day Candle 2. Rising Wedge Pattern Confirm Short Correction in Uptrend 3. Ready to defend resis of 1960 and move short towards 1910 and clear Break below 1910 confirm next to 1870 Fundamental Reason DXY approaching Support @ 101.50 Now and clear obey these support Lead to XAUUSD...
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DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
Analysis On 14th December 2022 This is a Bird View so Possible Movement of Gold in a Daily TF for a Medium-term view. >Wave Counts - Recently, Gold has just reached to Depth of Correction point in Minute Cycle of Wave Count , while in an Intermediate Cycle, it seems like Wave C is still on. Furthermore, Last month's upward journey is still not break ...
Gold renewed the 2-month high yesterday, but the selling pressure was intense. The day began at 1771; the price was bounded in a tight range between 1766-74 in early trading. It tried to clear the resistance at 1780, touching the day-high at 1786 at the US session opening. The day ended at 1778, up by USD 7. After three attempts(2) yesterday, gold failed to...
Gold reached a new 2-months high yesterday. The day began at 1765; the price rallied toward the day-low at 1753 throughout the Asian and European sessions. As the market approached the US session, the buying resumed. Gold reached a new 2-months high at 1775. The day ended near 1771, unchanged from the day before. The trend remains upward on the 1-hour chart...
📉 Gold - Bearish - We look to Sell at 1615.08 ▪ The medium-term bias remains bearish. ▪ Following last week's retracement candle, the overall trend is set to continue downside. ▪ A firmer opening is expected to challenge bearish resolve. ▪ Prices are expected to stall near trend line resistance at 1675-1680.50 levels. ▪ We look to sell rallies in the coming...