Gold (XAUUSD) Strategy this week. (X'mas Dec.22-25) OANDA:XAUUSD
Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for December 21th . This is a 30-minute chart long position...
Gold ($XAUUSD) is forming Head & Shoulders pattern on the hourly chart with 1820 as the H&S support. Break of 1820 can lead to a breakdown in the Gold price.
Midterm forecast: While the price is above the support 1764.25, resumption of uptrend is expected. We make sure when the resistance at 1875.15 breaks. If the support at 1764.25 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 62 is not broken, the probability of price increase would...
I can see a selling opportunity below that level ! keep an eye boys !
Gold against Dollar , expected to make a bearish move this week, in weekly chart ,last week it finishes with long tail doji bar, which indicates a bearish move on coming week strongly.. analysis for education purpose only,
XAUUSD, Week's last day set up, lookslike waiting for breakout, if it happens, then price might go to 1795 area...Price action will gives us the answer.
Silver chart updated further to earlier view. In line with a downmove developing, risk lowered as shown on chart. XAGUSD contract SL now at 24.47.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1799.4). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Gold (XAUUSD) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Gold against Dollar pair looks bearish and may touch 1830 area before going up
Silver's recent upmove looks complete and the initial move down from 24.86 seems to be in 5 waves, indicating that the down move may have started. If the wave count is right, we are looking for the next downleg to make its path upto $18. At this level the 2nd ABC will be equal the 1st ABC from the Aug high. This is a normal target area. Risk level is the...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1842.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Gold (XAUUSD) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Silver has moved sideways and looks like a quick pop to the upside is in order. Risk stop 63360 , target area is 65150