Elliot wave analysis : Long term analysis Sell . Best selling point between 1880-1860 Long range target - 1780-1750-1720
BUY TARGET : 1860-1877 Stop loss below : 1818 Risk - Minimum Reward - High
GOLD SILVER SOON HIT 50800-51000-51200+++CMP 50580 61111-61600-62000+++CMP 60650 Just view 😎😎😎😎 Spotlight on Fed rate decision. Recession fears could help prop up gold. Chart pattern breakouts being tested. Target 1845/55/65/75/85
The gold price recovery is probing in downtrend resistance here at 1860/ 66 – failure to close above this threshold could mark resumption of the broader downtrend. A closer look at Gold price action shows the recovery probing resistance today. A breach higher from here would keep the focus on the 38.2% retracement / May open at 1895/97 and the 2021 high-day...
Expecting a shart reversal from first support 1800-1788 around..(in worst case 1680 ) … do your own studies
Despite bouncing off multiple troughs marked during mid-May, gold holds onto Monday’s rising wedge confirmation, suggesting further downside. However, nearly oversold RSI joins the horizontal support around $1,810 to test the intraday bears ahead of the US Federal Reserve’s (Fed) monetary policy meeting. Should the quote drops below $1,810, a downturn towards the...
the EUR/USD can see a rally for some time REASONS 1. we are at a very crucial weekly support. 2. we made a double bottom on such crucial support. 3. on 1h time frame we broke a trend that had been tested quite a few times. 4. the dollar index is at its all-time high and made a double top. so, as the USD depreciates we will see a rally in EUR/USD. NOTE: IF THE US...
Price action ! Retracement Fibo lvl 98 SL with target 92
Xauusd idea short try this tred short position this tred is just 1 day
1840 - 1845 is a great Demand zone for gold TP should be 1863
With panic and likely crash coming in equity markets, gold looks good for upside. Broken-out today as shown.
Silver forming a Bearish flag pattern. Expecting it to reach at least 20.5 USD during a breakdown fall.
Gold prices remain sustainably below 200-SMA since late April, pressured inside a three-week-old rising wedge of late. Given the steady RSI and sluggish MACD, the bearish bias is likely to prevail. However, a clear downside break of the stated wedge’s support, around $1,844, becomes necessary to confirm the downward trajectory towards the yearly low marked in May,...
XAUUSD Long, because of support resistant trendlines and candlestick pattern happy trading day guys
this is education purpose and use reference once only ! Fibonacci ratio sequence ratio calculating fib extention custom 1 to 1:5 ratio, including focus the range buy and sell . use for correct entry fib custom -1.5 , 0, 1.3, 2.6, 3.9, 5.2(contant), 6.5, 10.4 use the accurate entry will work it. 0.2 and 0.3 may difference. good work and increase your profit ,
I've already analyzed gold and posted my idea on friday and it broke-out my support and became bearish now it has to reach the target zone of 1838-1835. It might happen today on a one sided direction or might go back to 1860 and come down tmrw, Nevertheless it's bearish according to my analysis.