Crypto may be the new gold.
There may be no fear in market because of debt.
But Gold is Gold! and is making a fantastic Cup on Weekly. Guess what there a handle is too. To, top that, Fibonacci also supports this.
Chart says Gold, is going up baby.
When everybody discourages you to buy something, think again, Why???
This is just a chart pattern discussion....
After retracing 61.8% of recent rise or we can say wave I,
Gold has given a positive daily close in yesterday's trading session, it looks like corrective wave II is completed and now wave III can possibly unfold, we also noticed that since april 2020 gold is responding nicely as support and resistance at these areas of $1740 to $1760 price zones, at this time...
Gold US$ spot if manage to close above 1755 go long for 1797-1819-1833
conditional trade to be executed only above 1855 levels,,
spring candle formation on daily time frame,,, symmetrical triangle support above 1755
bullish divergence in RSI and MACD,, good long candidate
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...
". There is still a possibility of temporary retracement to the suggested resistance line (1854.75).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
. XAUUSD is in a uptrend, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
#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...
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...
The Decreasing Momentum and Rising Inflation.
Gold is Expected to be Down Today. (June, 15, 2021)
The Rising Inflation is the killer for Gold Price Action Momentum.
This is the Reason of Depletion of Momentum.
Traders are in Extremely Fear Sentiment.
The Current Momentum is suitable for Scalp Traders.
Currently t the Time of Writing Price Action...