Midterm forecast: 1762.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1762.55 is broken. Technical analysis: A trough is formed in daily chart at 1756.05 on 04/29/2021, so more gains to resistance(s) 1959.30, 2000.00, 2075.05 and more heights is expected. Price is...
Description: The counter XAUUSD’s price started moving upwards in the ascending channel. The formation of the ascending channel indicates the counter is in the bullish trend. The price is still in the channel and there is no indication for a breakout. The buying pressure of the market may pull the price even more upwards. Already the counter is in the bullish...
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.
Bullish above 1858 $ TARGET : 1963 $, 2075 $+ SL : 1760 Risk is yours and Reward is too yours totally
For the past two trading weeks gold was trading within confined range and unable to break on either side 1795,1760 was acting as strong barrier.Kindly watch the break out/down for potential buy/sell Upper side target would be 1815 and on downside immediate target would be 1750.
Description: The counter XAUUSD is in the descending triangle from 31st March. The support baseline at the price 1676.48 and the resistance trend line at the prices 1755.62 and 1745.98 together form a descending triangle. Today the price is moving near the resistance line and it is expected move downwards. The bearish trend of the counter may continue further in...
gold bounce from strong resistance
Today's closing for spot gold is extremely important $1727 Also not to forget that tomorrow is a holiday because of Good Friday and we have US non farm payroll data So Monday gap up / gap down is possible
As anticipated previously Spot gold failed to break is major resistance around 1750 -1760 and fallen sharply from there. Gold prices are now likely to test 9th March 2021 Lowes which is $1676 On the daily chart currently gold prices are trading in a downward sloping channel. If 1676 dollar is breached a test of the test of channel lower level is possible...
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GOLD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
1. Gold took support from key support level. 2. Formed tweezer bottom. 3. Also taking .382% fibonacci support. Buy Gold With Strict SL Of 1670$, Closing Price 1726$
Trading Signal: A Trading Signal is seen in Gold XAUUSD If you liked our ideas, please support us with your likes 👍 and comments.
Why am I so confident of 1670-90 zone.., the same zone gave support 5 times earlier and it is the 6th visit to same zone.., It is the zone from where 400 dollar or 25 percent upside rally started.., And it is the zone of inverted head and shoulder breakout,, Expected Road map - 1680-1758 - 1698 - 1815- 1768 - 1868 (channel top) Buy the dips and keep...
BUY or SELL? Not clear, just act when the time comes. No need to rush. There will be a safe price for us to use our money. In this article, I will write 3 parts: (1) Summary of February (2) Prepare for long-term orders and (3) Short-term orders. Summary of the gold trading orders in February Order 1: Sell at 1845-1840, TP 177x. Order 2: BUY from 176x, TP...
Please do your own analysis before trading or investing.