Gold BULLISH signal . Elliot wave analysis. Wave 1 completed BUY BETWEEN 1832-1830 Target : 1850 Stop loss : 1820
Gold remains inside a two-week-old symmetrical triangle but the bulls seem running out of steam of late. That said, the stated triangle’s bottom line and an upward sloping trend line support from May, respectively around $1,822 and $1,812, could challenge the metal’s short-term downside. Also acting as a downside filter is the 78.6% Fibonacci retracement of the...
Gold Forecast , Chart Analysis , Gold trend in down, Trade accordingly . Manage your fund .
Midterm forecast: While the price is above the support 1785.00, resumption of uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1785.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1785.00 is broken. Technical analysis: While the RSI...
please consider that xauusd is on critical support level at this point. if we find good momentum to this level we can definitely go long with gold for the target of 1850 to 1870 in next few days.
Gold will be in short term buying before going all the way down Entry : 1825 Target : 1840-1850-1875 Stop loss : 1801 Elliot wave analysis
Gold Futures: Scope for extra decline. Gold prices extended the downside on Tuesday against the backdrop of rising open interest and volume, indicative that extra losses remain on the cards for the precious metal in the very near term. That said, the key $1,800 mark per ounce troy now emerges as the next magnet for bears ahead of the 2022 low at $1,780 (January...
Gold fades bounce off monthly horizontal support ahead of Fed Chair Jerome Powell’s key testimony. That said, gradually declining RSI (14) and bearish MACD signals add strength to the downside bias. Should the gold sellers manage to conquer the aforementioned support around $1,805, a downward trajectory towards the yearly low of $1,786 appears imminent. However,...
pattern is ready whait for valume and candlestick pattern
Gold Spot XAUUSD 1HR Time frame, chart Analysis, trendline confirmation
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
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...
After news event on friday, it went up and coming to its the previous level. So watch and analyse the market. !Happy trading
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