⬇️XAUUSD
BUY RANGE;1810 to 1808
Sl: 1804
Tp1: 1813
TP2:1814
TP3:1851
GOLD IS GOING TO CATCH LOWER HIGH PONIT OF DOWN TREND LOOKING REJECTION ON 1851 LEVEL.
XAUUSDis currently stuck on a pattern so currently giving a buy position on resulting to this signal.
Forex is risky you can lose all your capital. Apply risk management at all times and never over trade your account
Gold’s failure to rebound from $1,850 joins bearish MACD signals to keep sellers hopeful as markets await the key US inflation numbers. However, a convergence of an ascending support line from August 2021 and 200-DMA appears a tough nut to crack for bearish as RSI nears the oversold territory. It should be noted, however, that a clear downside past $1,835 will...
Price in gold was heavily on sellers pressure.! Took a sell 30mins after the new 4hr candle as structure was based on 4hr and Daily. Price went down smooth.!
i dont say any thing ;
eat some food;
save increase your energy for brain ;
im expecting gold will fall or up;
fall is still good and up is poor bad ;
there is no target , choose your way ;
there is only chances big bullback 1840 to 1830, save your money
but we are all same thinging sellers!
inflation is too high EXAMPLE: cooking oil, crudeoil , soap,...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1872.2).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
I'm looking for Buy to sell setup in Gold, the manipulation candle along with equal low suggesting me that BUYING is possible..Look for Lower time frame break of structures before taking trades
second view has been updated.
this is a triangle pattern which could start raise and have a stop loss below E wave .
if this break E wave and C wave then this triangle get invalid
2 ideas were emerged
1) it may be a triangle and gave a breakout and doing its retracement.
2) regular flat formation and C wave correction taking place.
i will try to upload the second view in below comment else i will post a different chart.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1891.2).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
xauusd (gold) parabolic pattern
what is the using of parabolic patttern?
when will trendline breakout fib 60% tracement target,
I saw this pattern recently read in my book ,priceaction oldschool trading like a price action strategy(book);
see will work or not !
above breakout 1924 ; target is 1928 t0 1937
pink trendline breakdown below target is 1890 to...
there's a potential to reach those areas after the breakouts
one can set buy limit orders at those highlighted areas in the chart with proper risk management.
it's just an idea. do your own proper analysis before entering any trade
Don't Miss Good Buy Opportunity in GOLD - XAU/USD
Running in Strong Support Level And Possible Uptrend till 1942 Resistance Level
Support: 1890, If break the support it will fall more else, possible bullish till 1942
What is Your View On this?
EUR/GBP
this pair we can see towards sell till 0.84065 almost 36 pips from here so sellers have advantage now for almost 36 pips wew can see buy momentum from there is the conditions meet
