According to my wave count ( Elliot wave) we are going to see wave 5 soon after wave 4 will be sone at the level of 1440-1430 so we can have long position from that point by taking stop loss 1400 and target as explained in the chart. this is just a view which is only for educational purpose, please don't invest until you have some financial advice from an expert.
Hey, We can see that last week's gold prices were flat, but this week it can go down to 1488-1480 again!!!!! but my suggestion is to strong buy at any price close to 1480 for 3-4 days holding and for intraday 1486-1487 will be considered safe. The market will open for down about 2-3$ but it will rally up, I attached the resistance levels too.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1357.42). 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 uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
Buy gold (XAUUSD) above 1295.50 T1: 1303 T2: 1310 SL: 1288
Buy XAUUSD at CMP (1200) T1: 1208 T2: 1214 T3: 1238 SL: 1990
Gold looks ripe for a breakout of the asscending triangle . Will be entering on the breakout. Pattern Targets around 1322.5-1323 levels, but I would be closing off the trade at around 1315 levels which is a strong horizontal resistance. The pattern targets can be considered as 2nd profit taking levels by moving stops to cost.
Initiating long in gold cmp is approx 1326.4 ---the targets will be above 10334 and higher , plz read the prev post/idea on xau/usd and the points mentioned below the trade setup is based on higher ti,eframe charts and thus is positional trade it carries substantial risk in this trade we are entering early based on certain triggers The earlier mentioned...
Buy Gold (XAUUSD) above $1300 Ultra conservative traders can enter above $1317. Don't miss the "golden" opportunity of multi yr breakout! T1: $1355 T2: $1375 T3: $1415 T4: $1450 (for aggressive traders only) T5: $1500 (for Bappi Lahiri and Dubai Sheiks only) SL: $1274
we can long here for target -1331 and 1349 and stop 1265 ,after complete pattern then again buy at 1228 -1230 levels
gold has hit the trend line finding support for the third time will this support end the downtrend here is my outlook for gold there is good support by the trend-line and as well as 50% fibo (1210.07) on the uptrend targets 1249.25 and 1275.06 alternate scenario if market breaks lower of the trend line and fibo 50% , expected of a breaking down with targets...