Gold is at a key area of resistance which could predict the next big movement for the prestigious growth asset, Patience is key over the next few days/weeks whilst price action develops. Currently, we are at an ideal place for a SHORT down to the support zone around 1770 with a multitude of confluences and indicators leading to provide evidential analysis for a...
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I am looking forward to the crazy volatility that will present itself with the NFP data today.
We will need to wipe out the morning sellers and the last bunch holding on before we target some of the lower liquidity holding below at previous levels.
Gold create correction before hit fib 0.61.
After hit on resistance will going down soon.
Watch the Price action for bearish momentum.
If you have any idea leave comment below and dont forget like this post
We are expecting a huge collapse on XAUUSD to collect some of the imbalance from the bullish run.
I would like to think that 1858 could be the reversal point, fingers crossed we see a strong rejection from that level.
It hit the 1M OTE - expect reaction
That reaction was double bottom on the 1D
Also broke a bull flag and another descending consolidation trendline
Measure move target hit nicely
And the 1D supply gave bearish reaction as expected
Now trying to find where to rebuy
Few ideas - claim of the 1M bowl kneckline as the 1M chart is very much a bowl and handle (handle is...
This is my technical analysis of gold D1. This is not signal. This technical analysis of gold to help you the next possible move.
Visit my profile to get free Forex signals.
This is only gold D1 technical analysis not a signal.
Hi guys, it's being a while....
Well on gold price has been consolidating for weeks now, but with all we've seen price seem to be bearish. Firstly the H&S
Secondly price broke below the ascending wedge and price as retested the broken wedge, so basically we're focusing on bearish here.....
TP1 - 1735
TP2 - 1711
Thanks guy's, have a lovely week......
break and re-test
buyers will be entering
the market here
forgetting the double
bottom hasn’t been
if you understand
you will realise that
a push down into the
previous support is
Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my...