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!
This is for short term Please DYOR before entering the trade.
As you can see on the Gold XAUUSD chart, The price has reached a significant support level and it's possible that it forms a double bottom pattern and pushes the price higher to the trendline. In the lower time frame based on the minor levels we can look for breakout patterns or pullbacks to open the trade for the TPs. On the dollar index ( DXY ) the reversal...
Time Frame: 4H Symbol: XAUUSD Entry: 1716.199 TP: 1681.216 SL: 1739.071 Bias: Short The price pattern of this pair is denoting a bearish bias . We are planning a sell trade for the time being.
Based on time study expecting XAUUSD to be bullish for few days! Invalid if we breach below August 29th Low.
Time Frame: 4H Symbol: XAUUSD Entry: 1744.078 TP: 1714.521 SL: 1771.752 Bias: Short We are planning a short trade considering the strength of dollar and the counter position of the instrument against it.
Gold Price Forecast: XAUUSD eyes $1,750 on the road to recovery Gold price is reversing an early dip but remains cautious at the start of the critical Fed week. The rebound in the US dollar from over two-week lows capped the bullion’s ongoing recovery momentum. The greenback climbed on the back of renewed risk-off flows, triggered by a revival of recession fears,...
FOREX GOLD XAUUSD SUPPORT AND RESISTANCE LEVELS || 22/07/2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should...
FOREX GOLD XAUUSD SUPPORT AND RESISTANCE LEVELS || 20/07/2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should...
Short-term Elliott Wave view in Gold (XAUUSD) suggests the decline from the 6/17/2022 high is unfolding as a 5 waves impulse Elliott Wave structure to complete a wave 3 of higher degree. Down from 6/16/2022 high, wave ((i)) ended at 1783.55 and rally in wave ((ii)) ended at 1814.47. Internal subdivision of wave ((ii)) unfolded as a double correction Elliott Wave...
Recovery appears limited by $1,821, with death cross in play. - Gold Price attempts minor recovery above $1,800 despite firmer Treasury yields. - US-China optimism lifts the overall market mood, as all eyes turn to the Fed minutes. - XAUUSD sees limited upside, as a death cross remains in play on the daily chart. Looking for Selling Opportunities in it,...
Gold Futures: Scope for extra decline. Gold prices extended the downside on Tuesday against the backdrop of rising open interest and volume, indicative that extra losses remain on the cards for the precious metal in the very near term. That said, the key $1,800 mark per ounce troy now emerges as the next magnet for bears ahead of the 2022 low at $1,780 (January...
look for buy gold near 1835/1826 for target 1880/1896 trade your own risk with proper risk mangement thanks
Bull Gateway: 1852 Gold spot has created three consecutive positive bars in the last 25 trading sessions (36 days) for the first time. And it's above 200 MA. That's a good sign for buyers! If gold breaks the parallel channel, my upside targets are 1866 - 1882 - 1906 - 1920 . But, it hasn't broken the parallel channel in the last trading session. It's at the...
Gold is moving in downward trend, Looking for Selling Opportunities.
Currently looking for short term Selling Opportunities in Gold.
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...