BUY GOLD, analysis on 1 hour time frame & trend lines. gold can continue its bullish journey
HELLO ALL Correction wave coming ON XAUUSD ALL CAN TAKE THIS CALL SELL XAUUSD AT 1822 TP 1776 SL 1840
Pattern breakout and pull back completed we can go for long
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1798.04). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Gold in Technical has been respecting trendline and resistance on weekly. We should see a surge upwards if it sees a losing above the rectangle zone/trendline. Gold is yet 20% from the ATH. Global economics should give an early sign for gold price to go up Disclaimer - Just my View and not an advice #Gold #XAU #Bullion
XAUUSD- GOLD Inflation fears are real. With all the fiscal and monetary stimulus provided by the governments and central banks around the world creating money out of paper, keeping the interest rates low providing ample liquidity and devaluing their currency. Dollar is already in a long term bear market. All this point in one the direction that inflation is...
Midterm forecast: While the price is above the support 1744.50, resumption of uptrend is expected. We make sure when the resistance at 1797.55 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1744.50 is broken. Technical analysis: There is a...
For the past two trading weeks gold was trading within confined range and unable to break on either side 1795,1760 was acting as strong barrier.Kindly watch the break out/down for potential buy/sell Upper side target would be 1815 and on downside immediate target would be 1750.
Trade is moving towards second wave. Trade will move towards 1825 initial target. If trade breaks uptrend line then it will go towards 1746.
Gold against Dollar have finished with Weekly Doji candle at the end of last week, price sitting at strong and long term support area may send the price up,, price action analysis supports the uppish movement , 1810 area could be the target area .. Analysis only for education purpose only
FX:XAUUSD No trade advice whatsoever. Just for education and prediction logbook purpose.
Looking like this now, the momentum is clearly bearish and we can't even think about bullish opportunities. I am looking now for slight pullback, small one, I don't expect for the price to retrace a lot to the upside like those defined retest. Small retest, small pullback and continuation with the momentum. The price started heading to the downside, so we can't...
As you can see its touched two side long time support in trendline.....and already its in cup and handle in monthly timeframe+flag chennel in weekly timeframe....and because of covid even many steps taken by world countries its critical to recover suddenly...so be ready and watch for buy side
Midterm forecast: While the price is above the support 1744.50, resumption of uptrend is expected. We make sure when the resistance at 1790.00 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1744.50 is broken. Technical analysis: There is a...