Gold is bearish on this Monday as first day of week, We went short after we saw a resistance in gold price at 2004 level. I think gold had done with its bullish rally and It will now come down to 1930-1910 levels in the upcoming week. My previous setup went so well, As we foretasted on Friday at YT that market is going to reverse from $2000 price level. Well,...
A clear setup; with the long-term chart (M) month. in downtrend. The Current-chart (W) Week is also in downtrend. the (W) is in clear move up, lots of buying to support this momentary fake uptrend. How do I know it is fake. Well one never knows anything as a disclaimer for any trading position; we stack up odd Enhancers in our favour. So, why did I take the SHRT...
This is not a financial advise ! Looking at gold price behaviour. Before any bais movement from fundamentals accumulation in patterns forms as per standard purchasing order of Gold. We are awaiting Monday to see what this week direction will complete the flag .
Plan B Sell 1860.00 SL: 1866.00 TP1: 1852.00 TP2: 1844.00 TP3: 1835.00 =========================================
I think we can have a short position on gold and its clear on chart! this is my idea and not a signal! Thank you
In this video, part 2 of the day's NY trading, NAS and Gold were triggered. Should be one or the other but for demonstration purposes, both were taken. Thankfully both are at breakeven. However, it's not been the kind of day that we would have hoped for. Really choppy out there as has been the entire week - horrible conditions despite catching some good...
as we can see Gold is testing a very pivot zone and we are looking for a short position and our Tp1 is 1860$ Tp2 1800$ Tp3 1777$
Hey traders as i said before, we had a strong Supply Zone at 1805 and I was bearish on that Zone after sell pressure, the Price come back and break up this Zone it means bulls collect this sell pressure also, I was bullish about that move and the target is 1900 $ u can check both of em the bullish and bearish move now I'm expecting some selling pressure in this...
Plan B Sell Stop 1903.00 SL: 1917.00 TP1: 1895.00 TP2: 1890.00 TP3: 1885.00
after the FED last meeting on 14.DEC . the FED will raise rates to 4.5% then the next meeting will contuine to raise again ,so the raise rates will continue in 2023 so we can see the more declining in gold , therefore the gold will decline the strongest resistance here is between 1800-1820 rhen we are going down to 1700-1730 (support) then going to down at the...
We are about taking a sell on Gold ( XAUUSD ). Yesterday wasn't too volatile as Monday. and we expect this day too. The price my head a little up to grap the liquidity and move down to the next liquidity area ( demand zone ) Leave a comment about this trade!
Trade Idea: Sell Gold at Market Reasoning : Looking at bullish momentum to continue on DXY on the backdrop of strong support at ichimoku SSB zone.The hourly shows a potential bullish head and shoulders pattern as well. So on that looking to sell Gold at resistance zone 1711-1714. CPI figures could give volatitly so be careful on stop...
Short GOLD at 1665 stops above 1671.64 targets below 1642.60. Use proper money management.
According to my simple analysis of the gold market, we expect a continuous decline. Since july 2019 the "the precious metal" respected the support zone .... this week unfortunately we went down with brutality on daily close . gold is supposed to make a pull-back move and go down on next weeks ... bullish move depends on good federal news + china / russia decisions .
Gold just broke a major key level it's been holding for the last 2 and a half years. With such a strong piece of structure broken and failed to reclaim from the retest, clear signs that Gold has a strong chance of heading to it's next 2 major levels below.
xauusd it seems like wh are going to get a short trade on 5m-15m timeframe. as wee see in this channel we draw there is tauch on upside with bearsh market with some of triangle channel to break it over as wee have on macd in 5m so there we are looking to get short trade after breakout triangle to down till the aim at 1676 or 1680 maximum.....
Sudden spike of gold yesterday just didn’t impress the bullish party(at least I am one of them who didn’t impress). So in my opinion this time gold has good chance to break below 1700 area again or at least test 1711 price. I prefer to put pending order to sell around the area I have defined s selling zone. My personal target profit zone is somewhere around...
Centuries ago when the gold and silver standards existed the Gold to Silver ratio was fixed at 15. Decades ago the ratio was 55. The US dropped the gold standard in 1971 ( Thanks Richard Nixon ?) In floating since then, the ratio in modern times has been 75/ It can be said that below 75 gold is undervalued in comparison with silver while over 75 it is...