MCX:GOLD1!
TVC:GOLD
This is SWING TRADE .
The gold is at support zone of daily time frame
There is dojji candle fromation which indicates sign of reversal.
First target is at 1800 and final target 1865.
This is for educational purpose.
This is monthly chart and we can see that 1680 is major support and in last week we have seen that 1700 is Holding well so far.
If it keep holding 1700 for next week then we can expect bounce towards 1760-75 from here and if it breakdown this important support then we can see 1680 within one trading session .
As it is clear from the chart that 1680 is next...
Gold Is Down in Weekly Time Frame & Reach To Weekly Range Bound Support Zone. So We Will see The Reaction Opposite Side From That Zone Means In Lower Time Frame We Will Bullish Momentum & Opportunity To long in Gold. See level 1680 to 1675 For Long If Got Confirmation. If Price Will not Bound Form That Zone & Go Break Throw the zone Go For Short after Retest That...
I don't trade this script digitally but just hoard spot gold and add more when cheap.
Stars look to be aligning for this one. There have been so many setups of this style on the markets lately,
>run to ATH
>sweep it/tease it
>break the lows which gave us the artificial breakout. (so many equal lows and untapped liquidity in gold charts.
>Enter/bid.
We may or...
FOREX GOLD XAUUSD TODAY LEVELS || 15/07/2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
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 buy or sell for themselves.
warning: Note! The Analysis video shared...
Definitely I am in no hurry to buy precious metals, which can loose its sign even from current levels. Time to wait on sidelines than doing adventures. Investors should wait for price to come to their levels.
Below 1675 gold is likely to give a #DoubleTop sell signal. A monthly/weekly close below 1675 will open flood gate towards 1369/1269. Text book pattern ...
Gold XAUUSD has seen a similar pattern ( Fractal represented by BOX on the price chart) formed between August'2011 to September'2012. A similar pattern has currently unfolded and we are at the cusp of the breakdown of the consolidation range, while range breakdown will mean flinty times for gold bulls as gold remained in cyclical correction for around 1000 days...
Gold braces for the fifth consecutive weekly fall at the yearly low. However, oversold RSI challenges the bears as they approach the $1,690 support confluence, comprising 61.8% Fibonacci retracement of March-August 2020 upside and an ascending trend line from May 2020. If the precious metal posts the weekly close below $1,690, it becomes vulnerable to testing the...
Trading Setup:
There is a Trading Signal to Buy in Gold XAUUSD
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 1702.3
⭕️SL @ 1694.45
🔵TP1 @ 1721.7
🔵TP2 @ 1736.15
🔵TP3 @ 1759.8
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked...
In Yesterday trading session we have seen that Gold Tried to Breakout this first resistance but failed now in second attempt if gold able to breakout the first resistance then we can expect good upside move and test towards 1750 is possible after today's data.
Sharing some Key Levels to watch for Gold , In yesterday trading session we have seen good bounce after Inflation Data but still It is under selling pressure ,Let's see if Gold able to hold on Yesterday low or not.
Gold rallied from a renewed 9-month low yesterday. The day began below 1730 at 1725, and the price stayed between 1720-30 before the US session throughout the day. Once the US released its inflation figures, the price dropped to the day-low at 1706 but buying quickly entered the market. The day ended at 1734, with the day-high reaching 1743.
Althought gold...
