Gold Spot / U.S. Dollar
Gold Trading near it's Support.... Buy around Cmp for target of $2050 with Stoploss of $1638... @VishwajeetSharma
Gold trade, 1h closed above resistant , and entry on 15 minutes bulls taking out bears
Gold is correcting after a lengthy downtrend, and the price action follows the chart. We have a retreat on the 50% Fibonacci, plus the intersection of EMAs, and the price is below the EMAs, so it's bearish, and we might see a protracted downtrend form the ABCD Pattern again. Investors, best of luck!
After a long rising trend, we have a strong bearish volume providing a powerful signal, which is the shooting star hammer with large volume, indicating that a significant push down is the most likely scenario. Investors, best of luck.
Gold's current price is near the Weekly SZ + Daily SZ + Weekly RTL. Weekly RTL is multiple times tested but still may not succeed in breaking the HTF SZs. Gold may react from HTF SZs & can test 1810-1807 levels. On 4Hrs TF, If it succeeds to fall & close below 4Hrs STL then check for Increased volume, No opposite side reaction.
Gold Shown support many times near 1750 Ready to bounce back Inside triangle Buy at 1740-1750 SL 1718 Tgt 1850-1900-1950 Please correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
14th of October 2021 Identify, plan and trade: It's important when looking for a trade to follow a strict plan. IDENTIFY: We have identified GOLD in line with our trend strategy. LAN: The 4hr chart on Gold shows the price breaking out of the key range after the recent CPI data. The USD index is falling and giving gold prices a boost. If the price retests the...
gold buy near 1755 1760 levels and hold sl 1730 it has made weekly hammer with good volume
sell below yesterday low 1780 sl 1795 tgt 1770 1760
Head and Shoulders formation , once it breaks the neck line, Bears short ~1798
Gold is showing me flames so the only possible trade its that short , and to be sure we need to break that zone and we will be sure to go short
A breakout occurs when prices breakout above the resistance line or breakout below the support line.