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Xauusdsignal

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
FX_IDC:XAUUSDLong
by ng_forex
XAUUSD W pattern in formation!!!!What is the possible scenario here??? According to me, a W pattern may be forming in the 4 hr chart as we know that GOLD prices are still bullish and also the rejection of the downside is seen again and again in the 4 hr chart. Also, this region holds support too so, buying can be triggered again here. So, if you have a position open in long then keep it open otherwise do not short and once we get reversal i.e. prices move above 1747 levels and get stable we will be entering in long for the same target of 1765 and above this time. BUYING REGION - 1727-1747. PS- DO NOT SHORT THIS PAIR!!!! Stay tuned and follow me for more updates :)
FX_IDC:XAUUSDLong
by ng_forex