GOLD making Head and Shoulder in 15 min timeframe. MACD ., EMA Ribbon showing Bearish trend May touch down upto 1815 $.
XAUUSD Predict this way.. its going upper trendline and going down trend i follewed certain rules. its educational purpose only. #GBPJPY #CopyCat Forex !!Trust Fibo, Trust Trade!!
XAUUSD : xauusd is currently going to sell down for beyond the technical analysis XAUUSD sell down REASONS : 1. Trend reversed into the down trend 2. Continuation Pattern : rising wedge formed.. 3. xauusd is corrective wave also completed to going down.........
Gold against Dollar pair , has traded sideways in the month of October , traded between the range between 1874 - 1932, price closes last week at 1902, it looks like the price actions supports the bearish move in the upcoming week, if it breaks the levels of 1880 at the bottom, it might go deep down of 1856 , If its not breaks the level of 1880 , then there is...
I am expecting the price to fall below 1850 by next week
Dear traders, Gold against US Dollar , price movement of XAUUSD in the month of September So far, is between 1972 and 1928 except once it went low of 1908, but this week , this pair is in the position to break up or down, it seems 3 months old resistance is stronger than a 3 weeks support area, if it breaks above , price may go till 1983,, Else the south boundary...
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...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1982.30). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Okay, 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...
Dollar index bullish analysis also support the bearish move in XAUUSD this week..
Bearish flag + 61% retracement + overbought MACD = good R:R for shorts