Technical: Continuation downtrend on the main channel after parabolic upswing Fundamental: FED Traders, if you liked this idea or if you have your own opinion about it, write in the comments. #001 - 1000x Idea Update after 24 hours position
gold is bullish and after new high or touching supply it will be back to demand zone # DYOR
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck. Because USD hasn't risen it's interest rate (yet) which was expected because of higher than anticipated inflation and EUR rose their rate accordingly unlike USD I'm selling gold...
Now I see Gold hitting the 1800 level once again but after that we should be seeking to short a potential fall. We are oversold on the RSI in both the 1H and 4H timeframes. And I believe 1800 is possible since with all of this sideways movement after a significant drop, the commodity is moving sideways to liquidate and correct the fall that it did have. So look...
Hello trenders, Gold... the precious metal to back up the modern economy as we know it. Potentially to reach the last spike of 2400 usd levels or a double top but nah it will not probably. Well I got news for ya, who back up gold, (a printer or nukes) ? Can´t eat it, can´t really see it or no transparency behind the curtains, so unless used for technology...
At first sight this may be is somewhat counter intuitive at first (amid the anticipated equities decline + the massive short on the Dow/Gold Ratio) but really it is not; 1) Charts (price action) don't lie; 2) The true (reliable) Safe Haven is still the Yen - JPY; (Likely more than before?) 3) Forced liquidation in the equities (and similar events) will put...
#103 sell range: 1844.38 Targets: 1840.69- 1837.00- 1833.31 Stop loss The first goal: the profit to loss ratio is 1: 1 (1848.07) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1844.38(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
after months later we see that gold /usd reached ath and passed it 150$ more, and now its pullback time. during the 2011-2012, it tried 1575$ support level 3 times and at the 4th time it was broken, now it seems like same, it will make it a support and if it`s broken, gold will drop to 1550$ levels. this is not a financal advise, for education only.
Gold Currently Trading at 1800 Doller Support line Breakout in Day chart, We can Expect Small Retracement in gold up to 1845 based on my analysis next target is 16060 Please Follow our Tradingview Account, Like, Share and Comment your thoughts
sell range: 1903.68 Targets: 1889.86- 1876.04- 1862.22 Stop loss The first goal: the profit to loss ratio is 1: 1 (1917.50) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1903.68(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
sell range: 1887.08 Targets: 1883.47- 1879.86- 1876.25 Stop loss The first goal: the profit to loss ratio is 1: 1 (1890.69) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1887.08(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
High volatility - US elections - USD strength expected - GOLD will go down descending triangle. expecting broken support at 1,860 and then dive down to 1,750 by Fri 13 Nov 2020.
Lets see how this bad boy performs this week with it being so close to the trend line :)
Please manage your risk. Use Stop loss. And do not take blind entries. If you have question let me know. If you want to analyze any pair let me know. GOLD REACH TO EXACT SAME LEVEL WHICH WE HAVE PREDICTED. NOW LOOK FOR SELL IS GOOD OPTION. PREVIOUS ANALYSIS LINK ALSO GIVEN BELOW.