Gold likely to remain bullish for coming period as investors concerns over rising covid cases
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1784). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading Signal: A Trading Signal is seen in the GOLD XAUUSD Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 1784.8 ⭕️SL & Sell 1773.45 (Sell Target 1748.85) 🔵TP1 @ 1806.8 🔵TP2 @ 1831.7 #Pullback_Strategy If you liked our ideas, please support us with your likes 👍 and comments .
Midterm forecast: While the price is above the support of 1676.70, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1676.70 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in the daily chart at 1684.50 on 08/09/2021, so more gains to...
it will touch the trend line in future for sure. target $6 in next 2 years
it s going up little bit stoploss at 200ma 15min 1790 and 1793 target im wainting for selling opportunity
TRADING WATCHLIST FOR W/B 23-08-21 INTENT This is a new series of periodical posts where I would share the scrips that I come across and find good to keep on my radar for the next trading session/s. The post may not be a daily feature as it depends on whether I am able to find some opportunities. I will only be sharing the time frame and the scrip name. I will...
After forming a high of 501 stock is falling in a corrective manner. This correction should reach upto 50% of the previous rise i.e. 50% of the distance travelled between wave 2 and wave 3 . The correction can be extended to the previous 4th of the lesser degree i.e. the region of 300 zone .
Closed on dot on Bearish Level.... Seems to be consolidating between bearish and bullish levels... Over all structure weak.... Happy Trading...
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect, ...from my last analysis made on May 4 ... GOLD climbed and reached 1836 as I said from where he rejected and returned again in the Fibonacci area 0.5 from where ... UP AGAIN towards 1794 and even 1836! THIS WEEEK...exactly as we expected ... GOLD rejected...
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis specifically disclaims any responsibility for any personal or...
need to get out of the box. safe zone is above 4.19.
gc will be weak if breaks down the channel support 1788-87 and will have strength above 1795-1800 so wait patiently for either levels to break for clear direction
gold may go down directly or by some consolidation keep eye on that. if you like my idea then press the like button.
If todays low is low for COMEX GOLD for next few days, we can expect a new low from 1807.7 range. SL and Targets mentioned in details. GOOD LUCK
it has 2 months to go upwards. should not go below 4.2 this time to stay inside the falling wedge triangle.
XAUUSD Long Risk/Reward: 1:5 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
Gold pierces the key horizontal resistance established in late June during a five-day consolidation of the August 08 fall. However, the RSI remains normal and MACD flashes bearish signals, which in turn probe the rebound. Even if the quote crosses the $1,790 hurdle on a daily closing basis, 50-DMA and a descending resistance line from June 01, respectively around...