Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for sell setups as GOLD has been sitting a strong resistance zone. Now XAUUSD is approaching the lower trendline from Daily. Moreover, the blue zone is a previous high turned into a potential support. 🏹 So...
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activities. It recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. The company was incorporated in 1895 and is headquartered in...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for XAUUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Gold-making HL and LL also create rectangles if it breaks the rectangle downside then it will be a good bearish trade Sell Gold at 1994 TP1 1985 TP2 1975 TP3 1970
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting our 1800 support zone , Gold has been bullish making higher highs and higher lows. However, it is approaching the upper brown trendline that I consider an overbought area. Moreover, the 2075 is the current all-time-high. 🏹 So the highlighted purple circle...
XAU / USD (Gold) my setup :) Entry: 2003.705 TP (1 : 3.38) : 1991.043 SL : 2006.772
Come back to 2020, 24 February. 4 days have passed since the COVID crash started, the stocks are dropping, countries are announcing closures and quarantines. You have a small wealth built by hard work and time. Now you need to protect your value. You have these options: - SP500 - NASDAQ - Gold - Oil - Apple shares - Bitcoin Now move forward to the present, a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for XAUUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Gold makes double top now have strong chances to crash till 1960s levels Double Top (Bearish Signal) Sell at 1975 TP 1961 SL 1982
My previous read of Gold's wavemap has been proven invalid through price action. Any chance of a drop to the levels of 17xx have been very likely denied considering today's price action. With the removal of certain possibilities, only a couple similar options remain on the table. With anticipated support to come near the levels of $1830-$1870, I expect Bulls to...
My expectations for Gold are coming along just as expected for the most part, barring a few micro level invalidations. Last Fall, I expected Gold to dip below the level of $1680 before finding support on its run to a new all-time high. Even during this time, I predicted as can be seen at the top of the following chart (if you drag it down) that the new...
With price action evidence showing us of great sell pressure on risk assets. With Evidence of a renewed bullish strength on safe haven assets.. With evidence of institutions exhibiting bouts of worry and uncertainty. When the Enemy flinches, you have already won the battle. I like buying safe haven assets during this time of higher than average inflation. The...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is retesting a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H1: Right Chart For the bulls to take over, we need a momentum candle close above the last major high in red. Meanwhile, until the buy...
Rejected from the 1945 most important resistance XAUUSD Sell at 1844 TP 1838 SL 1850
While Gold has bounced from the lows of the Fall, the upside move hasn't come in an Impulsive Wave which signals alternative options from my perspective. Based on the rules and guidelines of the science, its probable that XAUUSD slips and retests the support level below $1700 in the weeks ahead.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is approaching a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H4: Right Chart XAUUSD is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GOLD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is approaching a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H1: Right Chart XAUUSD is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls...