Welcome and good day to all! As can be seen in the chart, there are two possibilities that are showing itself: 1) Possible formation of a new descending channel, that will mean a reversal of the major uptrend! 2) Continuation of the major ascending channel, the descending channel formation is just part of the channel waves I would place my money on the...
i was waiting for the pool back and happened so we are expecting a rise up till the point and above unless we have vaccine news there is a big chance of rise according to the pool back good luck every one let me know about your opinion thank u
WELCOME TO MY PAGE AND FEEL FREE TO LIKE AND SUPPORT IF YOU LOVE WHAT YOU SEE = ) Overall I'm definitely bullish on gold, aside for some small retracements and corrections here and there. I see a strong rebound from the 0.786 level and if that happens, we have a strong support for further bullish momentum for the next week. ITS GOLD TIME! ***Also an interesting...
Good day and welcome to my page, feel free to like and comment if you like what I shared! GOLD SPOT XAUUSD has broken out of the ascending wedge, shooting to 1733 at the moment. For now, we wait for a pullback to the triangle wedge upper line, also coinciding with the 0.618 Fibonacci retracement level @ around 1720-1723 region. A very good LONG/BUY OPPORTUNITY...
WELCOME TO MY PAGE AND FEEL FREE TO LIKE AND SUPPORT BY FOLLOWING, I hope everyone has a great day in the market today = ) Chart above shows XAUUSD in H1 Time Frame. Continuing from our previous idea, XAUUSD Gold has indeed followed our plan as stated, a BREAKDOWN from the top of the channel line (GREEN) towards the bottom. Now, we look for how GOLD reacts at...
PREVIOUS WEEK GOLD SPOT LONG TP HIT!!!!!! OANDA:XAUUSD
A bearish double top pattern has been seen to be formed at the top level of the ascending wedge channel. Now, gold appears to be consolidating in a range. An hourly close below the support line @ 1710 would bring us to a SHORT OPPORTUNITY to TP1 @ 1695 and TP2 @ 1685 Remember to place stop loss orders, and FEEL FREE TO LIKE AND FOLOW IF YOU LIKE WHAT YOU SEE...
A bullish flag pattern seems to be forming in the D1 Timeframe, currently possibly on its THIRD rebound of the bottom of the wedge. Short Term Opportunities to watch for: - A STRONG REJECTION AND REBOUND FROM SUPPORT @ 1680 --> possible LONG opportunity to the top of the wedge @ 1710 - A BREAKDOWN below support 1680 --> SHORT opportunity to the nearest support...
First off, please don't take anything I say seriously. As always, this is on opinion basis. That being said, let me get into a few points. Right now, Gold is very bullish on the Forex market, and in most financial markets in general. The demand curve is seemingly going up. This is why it also has long potential. However, for a short term self-off target for Gold...
One of our readers asked about Gold (XAUUSD), how is the chart looking now? What is it saying? For Gold Spot (XAUUSD), the chart is starting to look bearish after a lower high and a candle close below EMA10 (green line). We have the MACD, pictured below, printing a bearish cross. We also spotted bearish divergence with the RSI. We have the RSI closing lower...
Hey guys if you like my ideas you can like it or share with your friends Uptrend change breakout retest confirm Short gold
As we can see gold now currently sideways but the gold still in uptrend. Upside might be over 1700 and downside can be around 1608. Support will be around 1638 and then 1608. If the price go up we should take a closely look around 1670 level. In my plan it will pull back to 1660 and then continue go up to be over 1700 Lucky all everyone
Looking at the Gold Spot (XAUUSD) chart I am getting the feeling that Gold can move higher. Right now resistance is being faced at $1649.65. If this level can be conquered, $1836 will be hit next. Failing to close above $1649.65 this week, will send Gold Spot lower... But looking at lasts week's strong bounce (marked green space), it is likely that prices...
Gold is trading on an Inverse Head and Shoulders pattern with the Right Shoulder repeating the Left Shoulder sequence. On the 4H chart it is clearer (RSI = 63.637, MACD = 12.780, ADX = 53.651) as the MACD is repeating the crosses on the exact same spots. On the MA50 (blue line), which last week supported the current uptrend, breaks then we are expecting a drop...
Hello and welcome on this 4h chart of GOLD spot XAU USD. I hope you stay positive in these days, while everybody staying at home for past 2 weeks, at least in Europe we stay at home for this period. Maybe some of you in quarantine for longer period. I hope you will find a way to be better person after this period. So stay positive and motivated! Do not forget...
Gold Insight - Weekly trend moving in an upwards channel and a downtrend inside the channel. Support 1562.37 - 0% on the fib so price should go upwards unless pushed down by fundamental events. Price is likely to go long break resistance at 1584.27 Intraday : Buy Trade: Buy Buy or above 1562.37 Target TP: 1584.27 & 1597.81 Pivot and support: 1562.37 Trade:...
Gold Insight - Overall trend moving in an upwards channel and a downtrend inside the channel. Support 1632.30 - 50% on the fib. Price is likely to go long break resistance at 1648.98 - 61% on the fib and follow the overall trend of the upwards channel. Intraday : Buy Trade: Buy Buy or above 1632.30 Target TP: 1648.98 & 1669.62 Pivot and support:...
the zigzag movement to touch Point D then small Bearish trend