Gold is in strong downtrend and can clearly see more big red candles than the green ones which suggests the price has tendency to go lower. We already had a Pullback at 1795.36 and the second Pullback might happen again which would make a double top at 1795.36, but if it doesn't happen we expect the price to go lower to at least 1743.16 Have a Profitable...
Gold is showing some reversal pattern for retesting 1840. As per the chart, we can see that gold was following a perfect uptrend and now its reversal shows that it will retest 1840 and go for the long target (day time frame). It took reversal by two very powerful chart reversal patterns named shooting star with confirmation & Bearish Engulfing pattern for...
gold still in the trendline of up trend....broken the cup and handle of monthly chart..now retest position...next week it may continue its uptrend wait for confirmation...
Trading Signal: A Trading Signal is seen in the XAUUSD Gold Traders can open their Sell Trades NOW ⬇️Sell on 1865.35 ⭕️SL @ 1874. 01 🔵TP1 @ 1851.61 🔵TP2 @ 1844.31 🔵TP3 @ 1828.5 If you liked our ideas, please support us with your likes 👍 and comments.
The Decreasing Momentum and Rising Inflation. Gold is Expected to be Down Today. (June, 15, 2021) The Rising Inflation is the killer for Gold Price Action Momentum. This is the Reason of Depletion of Momentum. Traders are in Extremely Fear Sentiment. The Current Momentum is suitable for Scalp Traders. Currently t the Time of Writing Price Action...
Gold forecast for the week. Gold Has currently swept some liquidity on the daily. Daily is a large sell range which it has just broken today to make a new low around $1842. We have filled some imbalance on the higher time frames and we could see a pullback into $1800 before making another leg up. to new highs? However short term price action, i believe in the...
Midterm forecast: 1762.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1762.55 is broken. Technical analysis: A peak is formed in daily chart at 1916.50 on 06/ 01 /2021, so more losses to support(s) 1875.15, 1848.50, 1828.25 and minimum to Major Support (1762.55)...
Gold has retested the pattern line in 1890 in the hourly time frame. now it will go up for the target 1907 Trading not recommended comment your views thanks
XAUUSD formed triangle pattern in 1h r time frame Currently resisting and take support at the current levels. If its break upside the next resistance will be 1910 iI its break downside the next support will be 1860
The chart shows an interpretation of the year and half long sideways move in SILVER. This has all the characteristics of a triangle that is headed for an upside break. Wave E may be slightly short, so may have some more lower go, but that is not necessary. In any case a break of the upper trendline B-D should indicate a powerful upmove will begin. This has...
Trading Signal: There is a Trading Signal to Buy in Gold XAUUSD Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 1886.56 ⭕️SL @ 1880.4 🔵TP1 @ 1895.99 🔵TP2 @ 1903.7 🔵TP3 @ 1915.05 If you liked our ideas, please support us with your likes 👍 and comments .