Ok, so GOLD just reached its first resistance! As I’ve been saying in my latest GOLD analyses, I’m bullish here, and if you missed my last analysis the link to it is below, and I invite you to follow me , and you’ll be updated of our trades and analyses. My TWITTER has a lot of interesting stuff too, that I can’t post here, so check it for yourself! Everything...
Since my last GOLD analysis there’s nothing new to tell, which is frustrating, because that triangle / pennant should be triggered a few days ago. Now, the impression GOLD gives us is that is moving sideways and will spoil the chart pattern without a real breakout. The link to my last GOLD analysis is below, and I invite you to follow me to keep updated about...
After that big stutter-step from gold, it is currently respecting a trendline from what I can see so far. So we are going to trade to can it return to a certain zone around 1652.46, or will It make another run for the weekly. BEAR TPS: • 1686.70 • 1673.49 • 1652.46 • 1632.23 (just wanna see can it make it to this target) BULL TPS: • 1713.37 • 1720.94 •...
Look For Sell when it touch 1730 and take your first profit in 1700 level then look for 1676 level
- Below strong Daily resistance wait for confirmation => SELL
Deleveraging Or The start of the end: As shown in the picture at the date of 11 march 2020 the gold knew a massive operation of sales after the feds declaration of a massive quantitative easing program. a lot of financiers Acteurs explain this drop by a phenomenon called Deleveraging so what is Deleveraging? The term refers to the point at which a firm tries to...
The rising wedge is clearly evident but expecting a contrary to the expected normally bearish immediate breakdown from rising wedges, expecting a false breakout to the upside above the rising wedge to the 1707-1740 levels possibly prior to dropping significantly towards 1585. The current wave up is a wave 5 in a 3 wave intermediate sub sequence, after the short...
Gold against the Dollar Price have been taken over by Bulls on last week..from 1623 to 1690 it moves last week, Now this pair has formed a pattern which is similar to Head and shoulders, and prices in the area of Neckline of Head and shoulder pattern..It expected to be bullish to reach 1796, or set up strongly supports the bullish. Price action technical analysis...
GOLD Gold has rallied due to the spreading of the coronavirus. And reached 1700.00 historical level For the past one week its in consolidation phase The fresh stimulus package from USA will strengthen the USD We short the gold against USD from 1665 level which is currently a 61.8% Fibonacci level And the potential take profit will be 1517.00 ...
In this video, u will learn where u can open accurate entry GOLD ( XAUUSD ). Yesterday I told you that at $1649 it was a good buy place. This idea is for u if u opened buy at that level. Write in the comments all your questions and instruments analysis of which you want to see. Friends push the like button if you like the idea - that would be the best THANK...
GOLD We can buy at the retrace level which is 1652.00 And the potential take profit will be 1720.00
We still want to see Gold retrace to $1.400 this year. Now there were a lot of fundamentals that heavily impacted this commodity lately. And pushed the price to new yearly highs, a lot of speculation involved. Our view remains the same. We don't see concrete signs of a recession, fed rate cuts are also not concrete, the COVID- 19 news is the only factor of...
Gold to dip & test support of 1563. From there it could either bounce and continue it's climb or it could gain momentum and continue to fall to levels such as 1556 and 1547. Thoughts? Leave them down below and I'll get back to you! I love discussing strategy! :D TVC:GOLD
short gold again near 1577/79 sl above 1582 tp 1556 trade with proper money management thanks