Made fake breakout and came inside the range.
hi guys, here my idea on gold in the short time, i am really expecting a new higher high, after that i will be selling evrytime price action let me sell. i think is a good ratio risk benefit and i will buy it.
Gold against Dollar or XAUUSD , After 6th of January , this pair seen slightly bearish and down at 1804 area, this area seems to be stronger support for Gold and brought more buyers into the cycle, can be a start to strong bullish move.. let see how the fundamental supports to go up.. It looks early even Feb looks fabulous for buyers.. This week it has a chance to...
Gold made fake Breakout and again came inside the BOX.
gold once reach 1700 in gann line of 2/1 then looking for buy {in case huge market crash can be done then gold will up }
FORECAST OANDA:XAUUSD : Price rejects FIB 78% and previous strong support and making a downtrend wedge so we can expect a small short trade and target 1863 as the first target and 1854 second target. Many confluence confirmed DOWNTREND Thanks to all those who have followed me and liked my post. Special thanks to all those who DM me and commented on my analysis...
Gold rises to the fresh high in two weeks following a stellar rise on Wednesday. In doing so, the yellow metal crosses 50% Fibonacci retracement of its November-January upside amid upbeat RSI and MACD conditions. Also favoring the bullion could be the market optimism backed by Joe Biden’s arrival in the White House as the 46th President of the US. Even so, 100-SMA...
Trendline Breakout and will reach next resistance.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1851.58). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
We see today gold first high 1857.80 near then it going down 1832.64 price and now again big candle create & touch 1864.71 price. Now What next move in Gold?? » We think , Gold if 1870 upto 1875 broke so next price come 1900+ (But unfortunately gold fakes candle create possible means fakes breakout create possible). But We think Gold 1875-1885 level to again...
Forecast: Price reaching the strong resistance level and rejection reflecting in smaller time so we can expect fall after the pivot level broker and During this growth, the price will come to the support line 1802. This will be our immediate goal. Many confluence confirmed DOWNTREND. Thanks to all those who have followed me and liked my post. Special thanks to...
We are looking for a massive short setup in Gold vs US Dollar. Kindly look the analysis in the chart. Gold is facing selling pressure already and for past 2 days Gold had been taking away early shorter from the game. Be aware of any liquidity spikes. Disclaimer: We are not liable for any losses occurred while taking this setup. Plan your own risk management. Good Luck.
Always better to analyse both fundamentals and technical is best for trading... fundamentals news are against dxy...so we can initiate buy now