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...
Gold has dropped significantly from higher levels now trying to find support at weekly chart. Buy XAUUSD @1680-1685 Levels Stop Loss @ 1675 Take Profit @ 1705
Gold against Dollar pair are going through a tough time between bulls and bears, sideways movement starts from 15 th march may continue till Ist of April, before going down towards 1705 area this week, Analysis only for education purpose
XAUUSD , pattern formed a triangle pattern, it may have a chance to go bearish towards end of the week, could be around 1700 area.. Analysis only for education purpose
Gold against Dollar have been bullish for last 2 weeks, almost it reached the area of the price where it was in starting of March, So close to enter a new month expecting Gold may go up in coming weeks, this week it could be slightly bullish or in sideways.. Analysis only for education purpose
Two Possible Supply Zones as Marked. ZONE 1 : Entry : 1751.141 Take Profit : 1742.06 ZONE 2: Entry : 1754.058 Take Profit : 1740.00 Common Stop Loss : at 1756.435
It looks Gold against Dollar pair, may looks to go bearish with aiming at 1700 zone, analysis only for education purpose
Gold is making leading diagonal in wave 1 of reversal and will complete its diagonal structure just above wave 3 high. Watch out for the investment
Trading Signal: There is a Trading Signal to Sell in XAUUSD Gold Traders can open their Sell Trades NOW If you liked our ideas, please support us with your likes 👍 and comments.
bearish move expected in XAUUSD pair on Wednesday, and targets to reach 1710 area (Resistance line)