as we see gold get hard drop lastt week so how abouut nextt week .. as well in chart we can see its under ema and already ttested it back .... so might price dropp till 1926 to 17 and i am expecttting sharp rise .... what you guys think let me know plz
GOLD still looks bullish and heading towards 1995 and 2000.
My Intraday targets will be 1976 and 1984 ,at some point can expect retracement towards 1960-62 if these leve breaks then we can expect gold to fall towards 1952-54
Gold was waving in a channel pattern which was connected to a bullish pole. The channel has been broken recently and the retest on 15 min tf confirmed a long entry. Gold can shoot upto 1949 in upcoming days.
One day candle shows a clear consolidation.
There is a major support and resistance.
Support at 1916.006 and Resistance at 1938.818.
The Blue and Red arrows indicates the number of rejections as support and resistance respectively.
If the price breaks the support levels then the price will fall to a target at it next support level 1907.043 and further down to...
xauusd post pro and alltraders
1) use for referennce blue lines selling and buying key lvl ; green lines are support ,resist and supply and demand
2) use it get better trade and collect money with gold trade
3) wealth of trade
4) avoid emotion, to be jolly trade!(just think money is just number total of calculation $$$$$$$$$$$$$$$$$$$$$$$)