Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Currently, the gold order flow is bearish. The price has broken and retested the strong support level. Now, the bulls appear to show no more interest in the price of Gold because of the presence of the exhaustion candle, a semiclassic pin bar, that has been printed on the chart at the key level area, followed by a small bearish candle. Expectations: we expect a...
If you haven't followed my analyses for the last 15 years. You'll know, I am a BIG gold bull. Yes I know gold hasn't performed as well as it did in the 50s, 60s, 90s etc... But it's the tortoise of commodities with the algorithms, the exposure in longs and shorts and with the greater variety of safe-havens. But Gold will eventually head up to $100,000...
Analysis xauusd: Considering the weakness seen in the price ceiling, I expect to move up to the specified targets . . . price: 2010.00 sl: 2069.00 tp: 1984.00 tp2: 1910.00 tp3: 1835.00 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 5/12/2023
Gold Price has broken the Upward facing trendline. Price has left the bullish channel and making HH and HL. In such a case Price seeks a support. As of current 50 SMA is at 2008 which is likely to act as resistance. 200 SMA is at 1950 which should be the 1st target (on 4H Chart) . Further , To me price will go down from 1950 to 1890 to meet upward facing...
Hello Traders Tell me what you think about Gold in the comments Gold has been showing signs of bearish momentum in the 15 min time frame as indicated by the breakout of the support level. This suggests that there may be a potential trading opportunity for sellers in the short term. Regards, The Mehdi
Looking at sells only if current candle (this hourly as well as 15) can close below the level highlighted.
Intraday Analysis - GOLD - ( 7th MAR 2023 ) As per analysis last week , Price tapped into our take profit region with possibility of price heading towards 1852-1855 region. Price was setting up better sell side liquidity during the start of the month and we may see a potential shift in market structure soon as we can see new lower highs printed and failure to...
Intraday Analysis - ( 8 FEB 2023 ) Price still trading in a range, range plays are always valid however will be looking for break outs in days to come. HRHR sells 1902 / 1897 regions MRMR sells breaking back below 1876 Safest sells below 1960 A break of 1960s, will be targeting minimally 1830s giving us a solid 300+ pips Scalp buys are valid in this range...
Gold have reversed after facing resistance at down trend line. expected go down to continue moving down trend channel.
SELL @ 1660 Sl @ 1684 Tp @ 1600 USD interest rates decision due later on today which I expect USD strength from. Giving sl plenty space to avoid being taken from wicks which may be caused during the event.
Gold broke the 1680 zone then retraced as I have expected. I anticipate price to fall right down to the 1050 zone in the coming months if not a year or two. I remain bearish on Gold.
Short GOLD at 1699.41 tgargets below 1672.14 stops at 1707.13. Use proper money management.
looking at looking shorts on this break of the trendline + touch of previous downtrend line. retest of previous resistance. short to the previous support between 50-61.8 fib
1. Gold in top trendline / channel 2. On 4H resistance level 3. It's still hanging in there but my gues is it will drop from here 4. Stoploss could be a bit more loose for conservative SL 5. Go short and manage risk
XAUUSD covered the FairValue that was created while it was trending heavily to the Downside It is currently consolidating and gathering momentum for a impulsive move There is a Formation of a bearish Flag formed and hasn't materialized completely
Hi Traders, I’ve got my eyes on XAU/USD today for potential shorting opportunities, Price created a double top and proceeded to break the neckline, I’ve drawn a trendline from the outer most points of the uptrend and price has persisted to breaking the trendline. We have one more barrier in the way of a potential clean move to the downside. 1841.250 is the...