XAUUSD 15 MIN ANALYSIS BUY UP TREND NOWEnglish
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💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast:
While the price is above the support of 1744.50, a resumption of an uptrend is expected.
We make sure when the resistance at 1916.50 breaks.
If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades if the Midterm level 1744.50 is broken.
Technical analysis:
A peak is formed in the daily chart at 1834.10 on 07/15/2021, so more losses to support(s) 1797.55, 1762.55, and minimum to Major Support (1744.50) are expected.
Price is below WEMA21; if the price rises more, this line can act as dynamic resistance against more gains.
The relative strength index (RSI) is 46.
Take Profits:
TP1= @1762.55
TP2= @1828.25
TP3= @1875.15
TP4= @1959.30
TP5= @2075.05
TP6= FREE
English
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ForecastCity English Support Team ❤️
BIG CHANCE TO BUY GOLD | CHECK AND CONFIRM MY ANALYSISDear Trader,
XAUUSD have strong key level between 1845 to1860 and its completely broken with strong bullish candle.
Also With Respect to Down Trendline it also broken with Strong bullish candle and now its retesting broken key level.
So its confirm that its going to more BUY and we have best chance to BUY GOLD.
We will take BUY order with Strong Stop loss ,
BUY GOLD (must use low lot size as per your balance )
TP 1 : 1878.254
TP 2 : 1904.195
TP 3 : 1960.00
TP 4 : 2015.00
TP 5 : 2072.588
Strong SL : 1800
Hopefully you will be gain more Profit.
Good luck Guys.
Thank you.
Gold Bullish momentum likely to continue.After strong resistance facing at 1960, precious metal dipped hard falling directly to 1900 support. 1900 support held up nicely and price is currently consolidatibg around 1915-1920. Our price target of 1958 is just below strong resistance of 1960. If market bias changes and gold breaks 1893 support, our SL is placed neately below at 1890. As a start of the new year, fascination about gold's new all time highs are luring XAU bulls to push price higher. We might see 2100 in not so long future.
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