Taken gold buys in london session, took a second loss of the day............
$Gold 4H Sub 1600$ Incoming!! Lose 1659 Then Will See Huge Drop!!
A two-month-old previous resistance line defends gold buyers as they seek clarity ahead of the US Consumer Price Index (CPI) data. Also keeping the metal bulls hopeful is the 50-SMA’s piercing of the 200-SMA from below, known as the bull cross or golden cross. It’s worth noting, however, that the recovery remains elusive unless the bullion stays successfully...
Gold buy @ 1672.15 Stop loss 1650 Target 1734 Gold trade based on down trend correction and fundamental showing that gold is bullish now
WEEKLY CHART VIEW TARGET IS 1570 Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
In last analysis, what we expected it happened. Price retrace to TP 1 level. Now moved the SL to TP 1 level and waiting for TP # You can add one more sell position from now. Use proper risk management. Thank you
$Gold 1Hr Expecting One More Push Up And Then Down -> 1641!!
Carried the selling momentum from last Fri., gold sank further yesterday. The market opened at 1694 back from the weekend. After the price briefly touched 1700 during the opening hours, the bearish run began. It cleared the 1680 support in the US opening session and landed at the day-low near 1665. The day ended at 1668, down by USD 25. Selling resumed after...
Gold touched a new 1-week low yesterday. The day began at 1667, and the price was traded between 1660-71 throughout the Asian & European sessions. A rapid jump to the day-high 1684 occurred at the US session, but the price got pull-back led to the day ending at 1665, down by USD 2. The S-T selling trend originated from 1710 has ended yesterday after the price...
XAUUSD just broke bullish market structure. It failed to break Higher high and created a double top which will be confirmed as it breaks below 1705. Will be entering short as it breaks below 1705 and confirms it on hourly chart TP 1 will be 0.5 Fib which is 1672.05 and TP 2- 1658.42. will go for TP 3 1617 if it breaks below golden pocket of 0.618. My SL will be...
1. Gold near resisitance 2. RSI Showing bearish diversion 3. Support turn resisitance
as we can see in h-1 time frame market is moving in invert cup pattern and here is possibility
Trend change break of overall structure , looking for long, waiting for conformation .Please share your thoughts on comments ,Good day
GOLD Buy Trade Opportunity Gold currently moving downside Here is the Major Support area as we mark on the chart We are accepting that market will be reversed for this point if the market makes a strong Bullish candle so it will be a good point for buying Always use Stop Loss
Market Maker sell model still preparing next target I'm expecting 1641/1614
moved SL and added one more layer of TP (TP 3) in coming days, price will go down more. Use proper risk management. Thank you
Almost reached our second TP. waiting for more sell opportunity in Gold. Use proper risk management. Use proper Stoploss to keep our profits safe. Thank you