Gold pulled back from 1800 yesterday. The price has kept on moving down since the market opened at 1801 back from the weekend. After almost 12 hours of sliding, it touched the day-low near 1772 at the US session opening. The day ended at 1778, down by USD 23. Gold escaped the uptrend channel on the 1-hour chart last week, and it has finally entered the period of...
Dollar Index Breakout or Breakdown ?? Whats your view members ?? #commodities #gold #silver #copper
Buy gold at current price. price is at strong ressitance sl 1757
MCX Gold has Breakout previous down Trend Expect upside 51780 / 51830
Gold cleared the 1770 support yesterday. The day began at 1775. The price first touched the day-high at 1782 during the Asian trading and eased toward 1770 after that. It dropped below 1770(2) at the US session, touching the day-low near 1759, with the day ending at 1861. An S-T downtrend channel(2) has formed on the 1-hour chart in the past 48 hours. After the...
Gold cleared the 1770 support yesterday. The day began at 1775. The price first touched the day-high at 1782 during the Asian trading and eased toward 1770 after that. It dropped below 1770(2) at the US session, touching the day-low near 1759, with the day ending at 1861. An S-T downtrend channel(2) has formed on the 1-hour chart in the past 48 hours. After the...
potential sells if 1hr candle closes below 1761.13 ,take position after break of the break on london open candle . london open candle should wick up before breaking the marked location . securing around 10/15 pips and puting SL at BE.
TVC:GOLD GOLD is making a classic entry for a good upside I have drawn the whole perspective I think is the best possibility right now I am buying gold with the SL of breaking the trendline drawn on the bottom which I think it will retest once plz trade according to your knowledge and understanding, don't follow anyone blindly
Iam looking buy above 135.385 and targeting 136.200,, 136.550 . Expecting an FOMC MINUTES RUN.. stops below 135.80
took an entry right after 1hr candle close . this 1hr candle is indicating that there is lots of volume in the market . but as this 1hr is breaking out even before pre london that's why I am gonna manage risk when it goes towards my entries and eventually towards SL.
As it is clear from the chart that previos support in now acting as resistance (Blue Trendline) so we can have two possible scanarios from here. one, it can take some time like a week or two to break above 1800 two, it can go directly above 1800 if hold on 1785 after FOMC minutes . Overall my view will remain bullish till it trade above 1750 Level (Black Line) .
Gold stayed in a tight range yesterday. The day began at 1778; throughout the trading day, the price traded between 1770-75 after it touched the day-high early in the Asian session. The market was quiet, with the day ending at 1775. The bearish move slowed down yesterday, and the price now supports at 1770-73. Await for the Fed. Minutes, expect the price to...
Gold consolidates the previous four-week uptrend by retreating from the 61.8% Fibonacci retracement of the June-July move from Monday itself. However, a convergence of the 100 and 200 EMAs, around $1,775, appears a tough nut to crack for the bears waiting for the Fed Minutes. Also acting as a downside filter is the 38.2% Fibonacci retracement level close to...
taken a sell on gold below 1780.74 because we are in a downtrend and 4h is also rejecting area above 1781.31 will secure 15/10 pips and I will put SL at BE after securing partials, I will close 50% when it will come back in the range of 1781.31. final target is 1777.92.
potential buys above 1782.87 . if 1 hr closes above that area then easily 50 pips! target
Sell Xauusd 1800-1802 Target- 1775/1720 Stoploss- 1811 Educational Purpose only
potential buys above 1778.68 take 20 pips and let the rest run
Sell Xauusd 1800-1802 Target- 1775/1720 Stoploss- 1811 Educational Purpose only