FORECAST: Price third time reject previous support price and break trendline which indicator short term LONG setup and the expected target will be 1856 1865 & 1875, however uncle Fed's Powell speech is schedule today so we can expect crazy volatility in the session Many confluence confirmed UPTREND Thanks to all those who have followed me and liked my...
falling down to the bottom level of 1817 gold has again started to move between the parallel lines signaling upward movement of gold in the times to come. Gold tends to show sideways movement as it did not touch resistance and fell back to the support which clearly means the cycle is not complete and it will be targeting to touch the resistance where sellers will...
Gold Forecast View We see Gold two level (Resistance & Support) create in hour chart. Now what happened?? If Gold broke 1869/1871 level then it going up side movement come. Gold possible 1898 near come. But if Gold broke 1849 level then it going down 1800 level (but Gold 1849 to 1835/1825 level touch again up and touch 1855 then it going down and touch 1800...
FORECAST: Price bounce from FIBO 38 and making upward wedge and third rejection from the trendline and overall trend reverse from previous support of November 2020 and heading toward the original resistance of 1945, You can already see how, having touched the support line, the price of Gold begins to grow. I am confident that, despite the collapse, the price will...
XAUUSD H4 chart, Long, Target 1882. Stop Loss 1845.
Buy Gold with SL of 1814 for target of 1900/1950/2000 and ++
Gold has 30 minutes has hidden bearish divergences. Sell below of 847 stop loss 1858 targets1825 and 1800
FORECAST: Price reverses from previous support of November 2020 and heading toward the original resistance of 1945, You can already see how, having touched the support line, the price of Gold begins to grow. I am confident that, despite the collapse, the price will return to its previous positions, that is, it will rise to the next resistance zone which is...
Having recently dropped to the early December 2020 lows, gold prices bounce off $1817 to currently around $1840. Even so, the corrective pullback stays below 200-SMA. Other than the SMA breakdown, bearish MACD and a downward sloping trend line from last Wednesday also favor gold sellers. As a result, the yellow metal is up for a fresh decline targeting the $1800...
Gold appears to be a in a stage of indecision and is trading within a broad range indicated by trendlines. A directional move is possible after a move out of this range.
Gold has reversed from an important trendline. long on dips with 1826 Stop loss.
Midterm forecast: While the price is above the support 1762.05, resumption of uptrend is expected. We make sure when the resistance at 1902.60 breaks. If the support at 1762.05 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough...
Gold broke our lower trend line and now testing the second support at 1874$ . our bullish idea still the same.
XAUUSD go long near to 1835 . TP1:1890, TP2: 1900 SL: 1810 Look at RSI & CCI
Gold is running in channel since past 2 days and also touched the resistance. So there is a chance of breakthrough the channel and take the resistance as a support and make a buy option trade !!
Day candlesticks Rejection at minor trend line it may reach zone area.