mahdisoltaninjad

GOLD (XAUUSD) |The best places to trade gold🎯

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello traders, Gold at 30 minutes time frame, as you can see in the chart, wave 4 is formed in a triangle that wave b could not reach the top of the triangle after hitting the bottom of the channel, I still believe that the best price for trading is right now.
If the channel line is broken, the price can rise to 1810-1800 and then start falling, but if the 1810 breaks, the blue analysis of the climb in the 4-hour time frame is approved and is the best point to buy after 1810.
Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments✍🏻
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Comments

gold is going to drop to 1754 and then rocket !
+1 Reply
mahdisoltaninjad allisonf8712
@allisonf8712, I expect the same
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hey op! are you aware that Gold is sitting on a 61.8 fib support? (daily timeframe) which is also a previous support / resistance
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Interesting, nice analysis man.
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@Zen_3_6_9, Thanks for your comment🌹
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do not understand. you chart says it can dip to 1750 levels from here or 1800.. best price for trading is now.. what do you mean by that? buy?? or scalp
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@Parasuram, In the analysis I published 4 days ago, there were two possibilities for gold, the first possibility of gold rising from the same price and the second possibility of gold falling until around 1740 and then rising. And now both possibilities are possible, but given the strength of the dollar index, we expect the price to fall, and as long as the price is below 1810, we see a downward trend, and when the price crosses 1810, we see an uptrend. I hope you understand what I mean, if it is not completely clear to you, send me a message in the private chat section to guide you, thank you for your comment🌹
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Parasuram mahdisoltaninjad
@mahdisoltaninjad, dollar index has reversed for good... in next 1 year it may touch 100 plus
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@Parasuram, I agree with you about the strengthening of the dollar, but according to the analysis that I published 5 days ago in the weekly time frame of the dollar index, I consider the price direction of the dollar index to be declining in the long run.
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