falak7550

Gold Technical Analysis

Short
VELOCITY:GOLD   Gold (XAU)
Gold weekly analysis: Here are the trend Line in 1M(month) as you can see in picture 1 ,gold tested 3 time before and now after some High gold again going to retest it for 4 times, and this trend channel start from 1935 to 1780 but we can expect to 1835 aria, that means gold technically showing sell for next week but remember on monthly basis most of time gold didn't follow technical indicators becouse in month (30 days ) gold moves according to fundamental but this place have Strong power becouse its 3rd time that gold is near to that place as you can see in picture 2 ,Also if you focuse on picture 3 ,its weekly chart 1W, gold is showing sell trend from same place to same point look at 3,the last high sell be can see picture 3 in 1W is low than 1690 ,in picture 4 you can see after 1680 gold gone for its higher more than 2070 now its back and near to that spot line with 200 EMA and it could test our last zone to 1835 as we see picture 5 ,and in a day chart (1D) You can also see a sell trend and our powerful zone is same as you can see in picture 6 with red spot line and its start from 1935 ,and if you focuse on picture 7 its showing that after touch 1950 in near term gold is coming for sell to making lower low and lower high(low than High lower than low and low low than higher) so it clear sign for gold do more sell next week , also i Shown with zoom in picture 8,but here after 1M,1W we can see a break line in 1D chart as you can see in picture 9 and its just break for trend line not trend channel so low chances for buy , but in monthly and weekly basis its showing strong sell , And picture 10 is a 4H chart which iam showing you daily with my daily gold prediction and I don't beed to explain Becouse its almost same which i did prediction non friday and clearly you can see sell trend after test its channel and trend line , also its our trade from Monday you can say becouse nits near to 1H chart so its showing sell from 1925 to 1904 first than back to 1915 for buy again than it will break 1900 aria to retest 1885 to more move for 1935

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