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Xauusd4h

GOLD FULL ANALYSIS!!!So, where is gold headed? Okay so, this week gold has given us a move to the 1960 region but failed to break above it. Now immediate resistance has been made in the 1964-1966 region. How will we approach this situation? If this structure breaks and the resistance turn to support then on the retest we will be looking for price action in 4hr. timeframe as we know it is the best timeframe for entry. So, if we get one of our valid entries then we will be taking long with a very good risk to reward ratio. Also, we have a wedge pattern break and this break is bullish... So keep updated and follow me for more analysis. PS - If you want more ideas and signals then personal message me here... I will surely help you
FX_IDC:XAUUSDLong
by ng_forex
ANALYSIS ON XAUUSDOkay, so what kind of situation we are having on gold? We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950 Now, how we will approach this situation? We have a break of structure on daily we will be looking for long position on the retest of the support region if we get a valid entry in 4 hr chart... Plus we have a trendline support too. However, we still have to see the price action in the region shown on chart... Now, if you need any kind of help PM me
FX_IDC:XAUUSDLong
by ng_forex
GOLD SETUPS FOR THIS WEEK !!Alright so, what kind of situation we have in gold for the coming week?? If we see Friday's closing it closed pretty high at 1735 level. So, for the coming week 1725-1735 region will serve as a strong buying region and if prices test 1717 levels then it is a must-buy don't miss that great buying opportunity. While on the other hand 1765-1773 region will serve as take profit region as we have to see the market reaction at that point!!! ***But do not short!!!! We are seeing no indicators in this analysis and it's completely on price action. XAUUSD is following the trend channel beautifully giving us a strong buying signal here. Also, there is going to be a rally to 1800. So, if in this week we get a daily close above 1775 and prices stabilizes there for some time then we might be taking another long there!!! But after confirmation. FOR FURTHER UPDATES STAY TUNED WITH US AND FOLLOW ME!!
FX_IDC:XAUUSDLong
by ng_forex