Don't miss the great buy opportunity in XAUUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1595.00). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1627.53
TP2= @ 1650.45
TP3= @ 1703.42
SL= Break below S2
Xau-usd
Don't miss the great buy opportunity in XAUUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1503.09). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 1519.70
TP2= @ 1535.00
TP3= @ 1554.90
SL= Break below S2
Don't miss the new buy opportunity in GoldTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1310.50). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 1329.00
TP2= @ 1347.10
TP3= @ 1365.10
SL= @ 1286.00
Don't miss the great buy opportunity in GoldTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1310.50). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 86.
Take Profits:
TP1= @ 1324.45
TP2= @ 1333.00
TP3= @ 1347.10
SL= @ 1286.00
Don't miss the great buy opportunity in GoldTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1279.00). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1288.15
TP2= @ 1292.95
TP3= @ 1303.25
SL= @ 1275.80
Don't miss the great buy opportunity in GoldTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1292.95). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1303.25
TP2= @ 1310.50
TP3= @ 1324.45
SL= @ 1281.00
Don't miss the great sell opportunity in GoldTrading suggestion:
. There is a possibility of temporary retracement to resistance support line (1280.90). 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 downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 29.
Take Profits:
TP1= @ 1272.90
TP2= @ 1260.60
TP3= @ 1240.55
SL= @ 1285.25
A great opportunity to buy in XAUUSD.Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1183.15 would begin in Midterm.
Technical analysis:
The RSI resistance #1 at 53 is broken, so the probability of beginning of uptrend is increased.
While the RSI uptrend #2 is not broken, bullish wave in price would continue.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 62.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (1217.25 to 1204.15). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (1217.25)
Ending of entry zone (1204.15)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1 : @1240.00
TP2 : @1262.50
TP3 : @1287.00
TP4 : @1308.85
TP5 : @1324.15
TP6 : @1366.05
TP7 : Free