Go through the analysis carefully, and do trade accordingly,
POSSIBILITY-1
If price breaks 1622-1614 area (i.e. support area ) and retested it then, we will place Sell order in gold with target of 1600,1590,1580,1560. and stop loss should be the higher price of this Support range or 50D-EMA.
POSSIBILITY-2
If price breaks 1665-1672 area (i.e. Resistance area ,...
GOLD was down on Friday morning after testing the high level of $ 1645 in the last trading session as its near the lowest levels since April 2020. A surprise fall in US weekly jobless claims supported such a view, as well as a chorus of hawkish remarks from Fed officials.
As rising US interest rates drove investors to seek shelter in the dollar. The metal is down...
📉 Gold - Bearish - We look to Sell at 1613.90
▪ The medium-term bias remains bearish.
▪ Broken out of the triangle formation to the downside.
▪ A mild correction has been posted from yesterday's low, this is seen as a retest of the breakout level.
▪ Support at the levels of 1615 weekly low can be broken.
▪ We prefer to fade into the rally with a tight stop in...
Go through the analysis carefully, and do trade accordingly,
POSSIBILITY-1
If price breaks 1630-1622 area (i.e. support area ) and retested it then, we will place Sell order in gold with target of 1615, 1600, 1590, 1560. and stop loss should be the higher price of this Support range or 50D-EMA.
POSSIBILITY-2
If price breaks 1665-1672 area (i.e. Resistance area ,...
Gold braces for the second weekly loss but the bears appear hesitant around the yearly low. On the top of that, a bullish triangle formation and nearly oversold RSI suggest that the metal may witness a bounce. Hence, a convergence of the monthly horizontal resistance and the three-week-old descending trend line, forming part of the bullish triangle, around $1,643,...
We are in short position. Moved SL to the position of first target of Long position
Also looking for a long on hourly chart. (possibility)
Use proper risk management.
Thank you
Go through the analysis carefully, and do trade accordingly,
Our trading Preference:
Trading tips: (Accuracy 60%)
Sell @1638
TP1 @1635
TP2 @1628
TP3 @1625
TP4 @1615, 1590
Buy Stop @1642(OPTIONAL)
Best of luck💗💗💗👍👍👍👍
Never risk 2% of principal to follow any position.
Go through the analysis carefully, and do trade accordingly
📉 Gold - Bearish - We look to Sell at 1638.90
▪ The medium-term bias remains bearish.
▪ Broken out of the triangle formation to the downside.
▪ A mild correction has been posted from yesterday's low, this is seen as a retest of the breakout level.
▪ Resistance could prove difficult to break down.
▪ We, therefore, prefer to fade into the rally with a tight stop...
🔹FX SIGNAL
GOLD SELL 1629.30
SL 1640.00
TP 1615.50
Reason For Short SELL
1. RSI below 50 and tends to be bearish in 1H trend
2. Stochastic Indicates sell due to asset overbiught and cross below 80 and confirm sell
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large profit of the day which is still in runing .
NOTE: watch live streaming on "YTB" and get live entry.
profit always in the risk take the risk or lose the chance
Go through the analysis carefully, and do trade accordingly,
POSSIBILITY-1
If price breaks 1642-1638 area (i.e. support area) and retested it then, we will place Sell order in gold with target of 1632, 1622, 1615. and stop loss should be the higher price of this Support range or 50D-EMA.
POSSIBILITY-2
If price breaks 1665-1672 area (i.e. Resistance area,...
Go through the analysis carefully, and do trade accordingly,
(CURRENT ANALYSIS)
TODAY ANALYSIS...…
Trading tips:
Sell @1654
TP1 @1646
TP2 @1640
TP3 @1630
TP4 @1620
Sell Stop @1665(OPTIONAL)
Best of luck👍👍👍👍
Never risk 2% of principal to follow any position.💗💗💗Go through the analysis carefully, and do trade accordingly
