As we can see, price fell this past week because of an order block (which was signaled by the manipulation that occurred at around 1830). Price then brokedown and came back to retest the Order block zone, giving us confirmation and an opportunity to open a position. An order block has been formed again on the M15 and I'll be waiting for price to retest the Order...
XAUUSD has now retested the lower trendline of the ascending channel after falling from the minor resistance at 1833.0622. The pair is set to grow in the ascending channel.
Hello traders, Gold in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe. According to previous analyzes, gold has been able to break the pink trend line and our channel. If gold can break the red channel ceiling, I expect the 1795 area or eventually Fibonacci 0.618 to move and then start...
Expecting a swipe below 1600 level..lot of liquidity.79% retracement OTE and goood price for a buy
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, Gold in daily timeframe , this analysis is prepared in daily timeframe but has been published for a better view in 2 day timeframe. The previous analysis of gold in daily timeframe is still valid and in this analysis, gold starts its 5th wave and after breaking the green circles, the upward trend is confirmed. In case of failure of green circles,...
After double top reversal, its back to support now above 200EMA in H1 and H4,D1.I suggest long for gold. Remember to use stop loss with money management. thanks Good Luck Cheers!
XAUUSD 2021 Aug 02 Week Uneventful week for Gold given the narrow range, except on Friday long from Green zone was good. Weekly: Up bar closing in middle, some supply Daily: Lower volume down bar closing off low = some demand H3: Bar A showed bullish strength, Bar B demonstrated demand overcoming supply. Strategy: 1) Price return to Bar A and shows support...
Gold may buy from the following support zones and break the 1832 resistance zone all the way upto 1849-1859.
Last week gold was bullish then bearish. On 4 hour timeframe GOLD broke the down trendline and went to upside, reacted from the resistance area, 1830. GOLD is currently above 1810 area, an area of support. As long as gold stays above support area buy bias is bullish. And if it breaks the resistance, it can go up till supply, where another reaction may occur.
As i can see we are in a difficult head and shoulder pattern, in order to go down we need to go up a bt at around 1812 - 14 to go to the opposite side around 1780 to go above 2000 .
I think the decision is made . For next week it will keep dropping till wednesday or so and than goes up again!
Trading Signal: There is a Trading Signal to Sell in Gold XAUUSD Traders can open their Sell Trades NOW ⬇️Sell now or Sell on 1840.38 ⭕️SL @ 1848.01 or Downtrend breakout 🔵TP1 @ 1813.00 🔵TP2 @ 1794.11 🔵TP3 @ 1753.55 If you liked our ideas, please support us with your likes 👍 and comments.
Trading Signal: There is a Trading Signal to Sell in Gold XAUUSD Traders can open their Sell Trades NOW ⬇️Sell now or Sell on 1840.38 ⭕️SL @ 1848.01 or Downtrend breakout 🔵TP1 @ 1813.00 🔵TP2 @ 1794.11 🔵TP3 @ 1753.55 If you liked our ideas, please support us with your likes 👍 and comments.