The price has been reached near the demand are from where it may reverse. So use proper RR !Happy trading
The chart looks good for the buys to the TP1 refer the chart . Trade at your own risk, its just an idea.
This is monthly chart and we can see that 1680 is major support and in last week we have seen that 1700 is Holding well so far. If it keep holding 1700 for next week then we can expect bounce towards 1760-75 from here and if it breakdown this important support then we can see 1680 within one trading session . As it is clear from the chart that 1680 is next...
FOREX GOLD XAUUSD TODAY LEVELS || 15/07/2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. warning: Note! The Analysis video shared...
Gold XAUUSD has seen a similar pattern ( Fractal represented by BOX on the price chart) formed between August'2011 to September'2012. A similar pattern has currently unfolded and we are at the cusp of the breakdown of the consolidation range, while range breakdown will mean flinty times for gold bulls as gold remained in cyclical correction for around 1000 days...
Gold braces for the fifth consecutive weekly fall at the yearly low. However, oversold RSI challenges the bears as they approach the $1,690 support confluence, comprising 61.8% Fibonacci retracement of March-August 2020 upside and an ascending trend line from May 2020. If the precious metal posts the weekly close below $1,690, it becomes vulnerable to testing the...
Trading Setup: There is a Trading Signal to Buy in Gold XAUUSD Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 1702.3 ⭕️SL @ 1694.45 🔵TP1 @ 1721.7 🔵TP2 @ 1736.15 🔵TP3 @ 1759.8 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
In Yesterday trading session we have seen that Gold Tried to Breakout this first resistance but failed now in second attempt if gold able to breakout the first resistance then we can expect good upside move and test towards 1750 is possible after today's data.
Sharing some Key Levels to watch for Gold , In yesterday trading session we have seen good bounce after Inflation Data but still It is under selling pressure ,Let's see if Gold able to hold on Yesterday low or not.
FOREX GOLD XAUUSD TODAY LEVELS || 13/07/2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or...
As per my observation, xauusd is in a panic mode and it could short worse than expectations. Local resistance is 1746 and major resistance is 1790 already discussed in my previously Weekly chart as posted below. Trade according to your own research as this is just for educational purposes and not a investing advice.
support and resistance levels for the day trading support and resistance levels for the day trading support and resistance levels for the day trading
1722 Big support if we look on Volume Profile , If Hold we can expect some bounce towards 1750-65 from here and if Not then More decline towards 1700. So we can Look for Buy until this level is safe on intraday basis but if breakdown 1722 then we can look for sell.
Short-term Elliott Wave view in Gold (XAUUSD) suggests the decline from the 6/17/2022 high is unfolding as a 5 waves impulse Elliott Wave structure to complete a wave 3 of higher degree. Down from 6/16/2022 high, wave ((i)) ended at 1783.55 and rally in wave ((ii)) ended at 1814.47. Internal subdivision of wave ((ii)) unfolded as a double correction Elliott Wave...
Gold left me without giving me swing entry.. on daily time frame i also published that idea earlier and moved as it was expected. Now by looking at the momentum i sense 1690 level coming soon.
Will be waiting for redistribution in LTF at POI as a confirmation for sell, until and unless market doesn't break UTAD, XU gonna drop. Seasonal'S say gold goes up in august, which is strong possibility; but I can’t tell if they're going below may'S low, 1786, then shoot up or just stay sideways then shoot up. Overall it's near to critical zones for decision...
Gold gave almost Flat returns in 10 years whereas Bitcoin gave a whopping return in 10 years. Do you believe if Gold is a good investment ?
Technical outlook From a technical perspective, the recent price action constitutes the formation of a rectangle – a continuation pattern - on hourly charts. Sustained weakness below the trading range support, around the $1,733 region, will reaffirm the near-term bearish outlook and make gold price vulnerable. The downward trajectory could then drag the XAUUSD...