This is our Bullish scenario trading plan, should each of these levels be tested, together with our daily analysis and technical confirmations, we will be taking our buy entries and taking profit at the areas highlighted. We find it very useful to always have a trading plan to follow. It allows you to follow a initial map and it then becomes easier to make changes...
Gold will yet hit 1680 area but not without snakepath. We are bound to see price consolidate inside the triangle until it eventually breaks downside. Let me know what you think. PLEASE LIKE, SHARE AND COMMENTS. FOLLOW ME ALSO
Gold was consolidating losses for most of the day, but it finally tested in a sideways price movement nearly $1778 price zone. The mixed USD data and RBNZ's rake hikes kept XAU/USD on downside pressure. Though gold still holds above the rising trend-line support, the central bank's rate-hiking bias may hurt gold's upside rally. As long as gold holds above...
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.
I predict gold market will make bearish correction movement. Because the price is already touched 2 cluster fibonacci area.Then the price has been in the oversold area for too long So it's time to the price left the oversold area, and try to reaching overbought area. I will assume the price will goes up until 1812.903. Because there's minor resistance over there.
Since the ranging market since July this year gold finally broke 1834 this month. It failed to hold above 1834 . I expect a pullback below 1757 before continuing downwards to 1700.
This is a follow up from our posts today, to show an example of how we identify and trade a setup using our Exponential moving average and Goldturn Axis levels. Please like, comment and follow to support us, so we can continue to bring more of our strategies here on this platform. GoldViewFX XAUUSD TOP AUTHOR
We have updated SOME STRONG H4 Goldturn levels and our axis levels. Closely watching for our moving averages to break and close to confirm next stop. Please like, comment and follow to support us, WE REALLY APPRECIATE IT! Thanks GoldViewFX XAUUSD Top Author
I have used the volume profile and can see a lot of orders from the banks being filled at the OB-lvl. I wait for price to hit the OB to find a good bullish setup and aims for a longer trade and look for last high as profit target. There is some liquidity to be grabbed before aiming higher and some bullish banks that will protect their Stoploss. Good luck traders!
as the chart showing there is a downtrend of gold and wait the price make the pullback and than you can enter short after confirmation of pullback
This was our analysis posted earlier this month. We clearly marked the push up to our trendline with Goldturn levels identified with confirmations throughout the month. This level was HIT spot on. We can now see support here at 1845. If this supports price will go and challenge 1880 level and look to break this open. If 1845 does not hold then our expected 1830...
As I said last weeks since March 21..after 8 months in which all my analyzes about GOLD were almost perfect, as I told you last weeks ... GOLD went down hard and reached the 1763 area from where he climbed the 1793 pass and right over my 1837 target! in the next period I expect a retreat until the area 1823 or even a little lower and from there ... UP again until...
Two important areas for the long position in gold In each one you have to wait for the return candle and the end of the downtrend
Gold is consolidating and preparing for a breakdown as it has reached in monthly trend line currently consolidating and decelerating. A sell trade is a high probability as per the diagram. If you like this analysis please press the like button.
GOLD is now back at resistance area and looking like its going to make another push down so I will be waiting for the move down and looking for buy trades from around 1848 or second deeper pullback 1820
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON GOLD THIS WEEK. > Despite hot US inflation bringing back rate hike expectations on the table from the Fed and the ECB, gold price continues to benefit from its increased demand as an inflation hedge. > The metal has been trading in an...
We can see areas of support left open for price to test and we expect these to be taken out during the week. However our stronger bias still sits with the bulls so we will look to take these support areas to add to our buys. As always we never rush to take our positions and always patiently seek to identify best entries. 1830 to 1835 are the next DAILY view areas...