Buy gold at current price. price is at strong ressitance sl 1757
still waiting for Long on Gold after a retracement. most possibly makes a W pattern. Use proper risk management. Thank you
Hey guys please let me know what you think about this cup and handle pattern upcoming on the XAUUSD chart| Let me know in the comments!
Gold cleared the 1770 support yesterday. The day began at 1775. The price first touched the day-high at 1782 during the Asian trading and eased toward 1770 after that. It dropped below 1770(2) at the US session, touching the day-low near 1759, with the day ending at 1861. An S-T downtrend channel(2) has formed on the 1-hour chart in the past 48 hours. After the...
Gold cleared the 1770 support yesterday. The day began at 1775. The price first touched the day-high at 1782 during the Asian trading and eased toward 1770 after that. It dropped below 1770(2) at the US session, touching the day-low near 1759, with the day ending at 1861. An S-T downtrend channel(2) has formed on the 1-hour chart in the past 48 hours. After the...
potential sells if 1hr candle closes below 1761.13 ,take position after break of the break on london open candle . london open candle should wick up before breaking the marked location . securing around 10/15 pips and puting SL at BE.
TVC:GOLD GOLD is making a classic entry for a good upside I have drawn the whole perspective I think is the best possibility right now I am buying gold with the SL of breaking the trendline drawn on the bottom which I think it will retest once plz trade according to your knowledge and understanding, don't follow anyone blindly
As we discussed in last analysis, price coming to the support level before it shoot up. Use proper risk management. Thank you
Since the gold is reversed from it' strong resistance making lot's demand zones. Happy Trading !
Took sells in GOLD on NY, anticipated NY vol pushes price down
Looking shorts at 1776.8 Stops above 1780 Targets 1770 , 65
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1774). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
took an entry right after 1hr candle close . this 1hr candle is indicating that there is lots of volume in the market . but as this 1hr is breaking out even before pre london that's why I am gonna manage risk when it goes towards my entries and eventually towards SL.
As it is clear from the chart that previos support in now acting as resistance (Blue Trendline) so we can have two possible scanarios from here. one, it can take some time like a week or two to break above 1800 two, it can go directly above 1800 if hold on 1785 after FOMC minutes . Overall my view will remain bullish till it trade above 1750 Level (Black Line) .
Gold stayed in a tight range yesterday. The day began at 1778; throughout the trading day, the price traded between 1770-75 after it touched the day-high early in the Asian session. The market was quiet, with the day ending at 1775. The bearish move slowed down yesterday, and the price now supports at 1770-73. Await for the Fed. Minutes, expect the price to...
Gold consolidates the previous four-week uptrend by retreating from the 61.8% Fibonacci retracement of the June-July move from Monday itself. However, a convergence of the 100 and 200 EMAs, around $1,775, appears a tough nut to crack for the bears waiting for the Fed Minutes. Also acting as a downside filter is the 38.2% Fibonacci retracement level close to...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1777). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in an uptrend, and the continuation of the uptrend is expected. Take Profits: TP1= @ 1782 TP2= @ 1791 TP3= @ 1802 SL= Break below 1771
The price of gold shows a breakout trend, and the fall in CPI data may lead to a further rise in real interest rates, and gold is expected to be under pressure.