If present candle closes above 1837 $ level in 4 H timeframe., Then Next target will be 1850 $ for sure.! Just my own speculaton.! Not investment Advise...!
International Gold , XAU USD has formed an inverted head and shoulder pattern on the hourly charts. Break out awaited. Upon break out Gold can touch 1850 - 1870. Trade as per price action.
Go Long in gold with sl of trading price below 1755 on 4 hour closing basis. for an upside of 1820-1835-1860. gold has a potential of 1950 and more.. one can follow the rule of trailing and part booking. Cheers.. :)
Midterm forecast: While the price is above the support 1747.50, resumption of uptrend is expected. We make sure when the resistance at 1848.75 breaks. If the support at 1747.50 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...
GOLD SELL SL 1814.52 TP1 1804.08 TP2 1800.50 TP3 1796.05 DO NOT FORGET TO SUBSCRIBE AND LIKE MU TO RECEIVE ALL NEW THANKS YOU
As i shared previously (already attached the link of my idea down there) that I'm expecting GOLD to be long soon and now it is going exactly like that. Follow me for more upcoming updates and ideas Happy Trading
XAUUSD is about to complete a good consolidation. After this consolidation, it should resume its upward journey towards $2300-$2400.
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1848.92). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Gold is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
The chart is noisy with a lot of subwaves labelled, but all of them confirm to Elliott guidelines. Watch this area to see how price reacts, and downmove from here can trend down strongly. SL should be the highs made in the last few/next few hours
The the move down is not very clear as impulse in the early part, it is looking more so. Silver now looks like its all set to head to go below Sep Lows
XAUUSD Predict this way.. its going upper trendline and going down trend i follewed certain rules. its educational purpose only. #GBPJPY #CopyCat Forex !!Trust Fibo, Trust Trade!!
Gold against Dollar pair, has seen a big down last week due to vaccine news, and rest of the week buyers had a little success. and this week expected to go higher till 1935 area
Midterm forecast: While the price is above the support 1848.75, resumption of uptrend is expected. We make sure when the resistance at 1975.00 breaks. If the support at 1848.75 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...
Silver spurt up in Wave C to complete Wave Y as indicated few hours back. This now seems to have reached the minimum corrective move. If the correction is complete, then we should head down in a large move making new lows. For now a move below 24.20 , the wave B low should confirm the down move has started. An earlier entry may be possible, will see how this...
Silver has been moving sideways for few days and this recent move looks like a Wave B which should now resolve with a Wac c to complete the larger Y. The larger trend remains down so this will help us get better prices to go short