#XAUUSD We may see a correction upto 1860-1830 If it is rejected from 1910-1920 level
XAUUSD Overall Outcome 🔹FX SIGNAL GOLD SELL 1744.20 SL 1751.12 TP 1728.50 ReASON For SELL 1. RSI 14 @ 50 and tends to be bearish 2. Stochastic indicator is over bought and tends to be bearish ans retest the yesterday Low of 1731
Reason for XAUUSD 1H Bullish 1. Stochastic Oversold in 1H Time frame and tends to Bullish 2. RSI 14 ISabove 50 and Bull trend in 1H 3. Clearly Obey Fibonacci retracement of 1669 whicj is golden ration 4. Retest the yesterday Low and make a Bullish GOLD BUY 1672.80 SL 1665.00 TP 1681.50
Reason For XAUUSD Sell GOLD SELL 1652.28 SL 1659.00 TP 1620.50 1. Fibnoacci Support @ 1654 2. Retest Weekly low as the Technical Factor 3. RSI 14 below 50 and tends to sell 4. Stochatic overbought In 1h
XAUUSD 1H SELL PROJECTION Reason behind Fall RSI 14 above 50 and make Bullish in 1H time Frame stochastic Indicator indicates Overbought an tends to Fall Possible Outcomes GOLD SELL 1668.28 SL 1678.00 TP 1648.50
This is for long term Before entering your trade do your own research!
gold is getting strong from intraday perspective, not only gold but GBPUSD (since they have co-relation). i think its will be a nice trade since they both are also forming ascending channel. NOTE : only for education purpose. ALL THE BEST!
Gold Today Move,Gold Continue Sideway So carefully Take do Buy and sell
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...
confluence - RWH touched of previous week , and consolidated/distributed for like 1 week straight, mark down divergence in (4 hours TF and daily TF!!) , got a big stop hunt in us brinks - Thursday (second leg of the M) , a lot of 4 hours stopping volume coming at the top , broke this M pattern and touched the RDL (mean we have completed level 1 of this M pattern...
XAUUSD Long R/R: 1:3 I think Strong Support, Bullish Engulfing Feel free to share your opinions in the comment!
Short Signal Entry ~ 1480.00 Stop Loss @1491.00 Take Profit @ 1450.00 This Entry Based on HS Neckline Breakout's Retest Level.