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...
gold future breakout predicted contact:8667385655
Buy It only when the trendline is not broke.... Set the stop loss under the trendline Good luck
Gold is set to retest 1720 area before jumping high to reach 1800 mark. Will go for buy again at 1720 area if Bulls show some momentum up.
Gold into heavy resistance here. Indices are making new highs so risk on trade coupled with overbought conditions on gold will drive this quote down. A break below $1724 support and we see $1700
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Trading suggestion: . There is a possibility of temporary retracement to the suggested support line (1680.40). . 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 below the 21-Day WEMA, which acts as a dynamic...