Hello Traders, GOLD has violated all kind of prediction due to unusual news relase and at this point we are waiting to see if it hits 1790.00 zone where is weekly support and from there we are expecting to take a turn to test the previous neck line. Thank you for your support and please like this idea and leave a comment what you think about the gold.
Not an investment advice. Keep an eye on the formation.
Gold have not broken overall HTF bullish structure. For Gold sells: - USD Strength - IR Increase - News of FEDS tapering stimulus - Positive Covid19 News - Change in Inflation pressure For Gold Buys: - USD weakness - No change or drop of IR - No News of FEDS tapering stimulus - negative Covid19 News - High inflation
Hello traders, We have seen a double bottom on 4H after strong rejection from the downside on important level of support. It is highly likely that this instrument now may move higher to continue it's long term up trend. thank you for your support
I love a clean break and retest! I think we have one cooking here. I am bullish in this market, and after a lovely bearish impulse, I'm looking for price to correct that entire move.
I Make Buying idea with stop loss and Take profit
When every one bullish in this yellow metal, we have to look at the wave analysis for long term cycles. It's hard to agree After tremendous bull run(3rd wave) from march 2000 to September 2011 ,Gold is in 4th wave consolidation(3,3,5 Normal flat) Emerging C wave will bring gold to 1440 levels(minimum61.8%) in october this year and followed by $1060 in...
We all love a gold trade. Our script working on a 30M strategy says it's time for a long. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are...
This Month Trend is Still Bullish, May be up to come 1853, but there is no need to panic.Keep buying every fall and it will go up to 1940 by the end of this month. Always Keep buy position.
GOLD LONG TERM TREND STILL BULLISH,BUT SHORT TERM TREND DOWN TO 1853 LEVEL, GOOD BUYING LEVEL AT 1853-1860 . TARGET 1945.
Gold Sell Idea Now stop loss set and also set take profit with proper working
What's next for GOLD? Precious metals I am bullish since last yr....Now things are getting interesting! We had a beautiful bullish move, from the double bottom created, taking us towards resistance areas of this longer term channel - Now, we hit about but the key question to keep in mind, Can we stay above the areas we are in? We will have to for further bullish...
GOLD has just tested significant support on the 4 Hour time frame. if this 4 hour candle closes a bullish engulfer, we will take a long trade. If you want me to share this trade, help me by liking this idea. thank you
The price of gold is currently making a double top support and resistance between 1808.60/1843.31. Especially since the price is close to a bearish oblique resistance located at the level of 1855, we are therefore back in the selling area which is still preferred. The target of the double top would be 1773.49 or less than -34.91 points (-1.93%) and...
Here is an analysis on Gold long term Last time we looked @ Gold long term analysis the pair was trading @ 1698 We expect gold to reverse @ $1680 level & expect another $2000 attempt. However a bearish harmonic is forming currently on the 1D chart, not yet confirmed What to expect. Bearish harmonic formation @ an area of support/resistance on the 1M chart If...
Gold create correction before hit fib 0.61. After hit on resistance will going down soon. Watch the Price action for bearish momentum. If you have any idea leave comment below and dont forget like this post
After reaching our last idea target 1820$, now it's time to rest a little bit I think before the continuation of the flight. 1850 will be our next target, but before that maybe gold will visit 1790 - 1800 areas where we have a strong support line there, and maybe he still has the power to continue without any stops, be prepared for the two scenarios, but the...