Will Gold Repeat itself? AB=CD Pattern
Foreseeing a head n shoulder pattern over here, buy target set
Dear community, today we are introducing a rather risky trade with a chance/risk ratio of AT LEAST 2:1 - Gold long. The facts are perfectly obvious why we are suggesting to 'call' Gold: Looking at the chart we can clearly define the support level, which seems to hold and send the price back direction North. The next indicator, playing into this theory is the...
Due to the liquidation wave in the COMEX future paper market the gold price is down more than $135 (-9.8%) from its recent high in early July. This is a healthy and necessary pullback which offers the chance to buy the dip. The price target of the multi-month descending triangle pattern has already been reached at $,1240. Basically gold has just corrected back to...
Major selling will be reversed now, the dollar will weaken this week TVC:DXY So if the dollar drops gold will rise, target 1 can be 1280 then 1300 long term after that
Rui is going up Big support We can see a triple bottom if it breaks the 1315 we will se 1361 again. Or maybe you can see a bull flag. So we are going up. NO WAY DOWN. Come on the train.
PRICE SHOULD TEST AGAIN THE 1309.47 FIB LEVEL. PLACE A BUY ORDER AT 1309.47. STOP LOSS AT 1296.04
AS SEEN IN PREVIOUS STRUCTURE (PREVIOUS LONG BREAKOUT), WE EXPECT PRICE TO CONTINUE CONSOLIDATING IN SQUEEZE MOMENTUM UPSIDE PATTERN. WAIT FOR PRICE TO TEST THE TREND LINE FROM THE STRUCTURE. ENTER AT THE BREAK OF POSITION 1 (TREND LINE 1339 LEVEL) WITH A STOP LOSS AT POSITION 2 (1335 PRICE LEVEL). PROFIT TARGET AT POSITION 3 (1352 PRICE LEVEL). GET READY FOR...
possible long possition on GOLD XAUUSD , Gold might rise up to 1400 within the month. I m in long since 1308,5 with SL 1305 and TP not determinated, because hopefuly gonna for huge profit. GOOD LUCK EVERYBODY
If we see in H4 Gold Holding Strongly 1317 level. and also on that level we can see many pin bar formed which showing that level is attractive for Buyers. and its also Visited 0.382 and again trading above 0.5 level. and also jpy pairs very strong So advice to buy in range of 1329-1323 SL below 1315 Where TP 0.7860 level which is TP1 1341 and TP2 1352
In order to break the bear-market trendline, one need to have some power in the move. Gold is building its wedge to knock the resistance line @ 1350-level. The wedge will be completed during Asian trading session and will be continued in the European market. The US market will be left partly on the train station. Gold targets the 50 % FIB retrenchment where the...
Gold holding its level below 1310 we see in last many Sessions and also weekly Bullish Candle formed. and also done 50% as fibo So advice to buy in range of 1327-1315 sl below 1307 where TP1 1344 TP2 1358
TP1 1335 TP2 1342 ENTERED TRADE: 1308 Good luck!
D is now complete. Entered trade with 1 lot, added 1 more at 1314. TP 1 - 1322 TP 2 - 1331 TP 3 - 1344 (for @uadog)
Really big big support at 1297 USD. I'm waiting for last dump before go long! Weekly inversion trend not confirmed, maybe neutral for now.