On the 4H chart, I show my analysis that JNUG is ready for an uptrend using the MACD / RSI for confirmation. A head and shoulder pattern is followed by a downtrend which ends in a double bottom for a reversal. I see the potential for a significant gain of the ETF and its call options over about six months. See also my idea on XAUUSD / Spot Gold for a more...
gold short from stacked short 1842, from wvap. from resistence developing poc,, value area, high.. price will coninue.. down for new npoc.. or new value area..
Gold remains under pressure...it's possible we see a secondary move lower into 1794...would mean the USD is getting ramped and share markets potentially pounded.
Spot Gold not looking too healthy...could easily rollover below 1860...Daily chart struggling. Notice the wicks on the daily which correspond to a failed to break above 1880 on the lower timeframe 30 min chart....see what the next few days brings
gold technical chart trending higher weeky volume is building higher,, price can break through highs,, or trend low.. meantime we juts look and see.
#Gold is about to make some big moves, testing the pivot , is it going to be making a triple top or will it pierce through 2100 this time and move towards 2500 level. Patience can be rewarding in this
Spot gold has held a good base and worked its way higher recently to break the downtrend from around 2067. With price action showing some good signs for a new leg up, i think it is a good idea to keep an eye on your favourite Gold Stocks. Check out the video for my Gold Price Action Analysis and where I think the precious metal is going along with the key levels to watch.
XAUUSD = Spot Gold appears to be forming an upside-down cup and handle pattern. At present, the handle is forming in an ascending channel so the pattern is bullish right now. However, the completion of the handle and price dropping to the 1695 range would confirm the bearish continuation where the price could then drop to the 1580 range based on the cup...
OANDA:XAUUSD XAUUSD is now rising while the DXY also rises so its all relative Spot gold is above its long-term horizontal resistance of about 1733 and well below the resistance at 1807. It is below the mid-Fibonacci levels on the retracement of the downtrend and below the POC of the volume profile. Overall, it looks like spot gold could rise to ...
This Weekly Chart shows that the value of gold compared with the $USD is now rising since July 18th. If over the short term XAUUSD is dropping on a weekly basis it is rising. This analysis suggests that no matter bearish in the short term, gold is bullish and potentially a long hard bull run is now underway. See also my idea regarding a cup and handle...
XAUUSD has been in a downtrend on the daily chart however on the chart I see the basis band of the Bollinger Bands ( SMA20?) on a slow uptrend. Impartantly, the when price is in the area of the basis band, volatility is increased. Price could push threw it or bounce. The K line of the RSI indicator is below the histogram and its slope is decreasing,...
OANDA:XAUUSD The 4H XAUAUD is set up on the finish of a cup and handle pattern and so bullish continuation is about to ensue. The chart shows the depth /height of the cup. I will enter when the basis of the Bollinger Bands reverses into an uptrend. Stop loss will be outside the LBB at that time or alternatively the recent swing low. Targets, as drawn to the...
Welcome to Monday’s market update. The focus of today’s update video is on Gold. We are currently watching the selling that continues to develop today after buyers failed to carry on with Friday’s rally. Buyers made a good attempt at clearing supply on Friday, but today’s has seen a reversal after USD strength and selling pressure came back into the market. In...
OANDA:XAUUSD on the micro time frame as seen by the confluence of the SMA 50, 100, and 200 periods as well as the upper boundary of the high volume area of the visible volume profile Will XAUUSD break support or move towards the daily moving averages above?
Trend line confirms the ways are upper side sideways. However little correction expects to 1,975. Above 2015 continuous uptrend to 2045.
Hello my friends, today I want to talk with you about GOLD SPOT / U.S. DOLLAR CHART AS U CAN SEE GUYS AFTER A LONG ACCUMULTOIN PRICE START MAKE DOWN TREND BY CREAT HIGHER HIGH AND HIGHER LOWS price retest the sliding parallel and did not break it last time and if price retest the sliding parallel again with good closing I will interested by selling I like how...
Gold fell today because of peace talks regarding the war but has since found its floor which was a previous major support zone and is starting to turn around. Macd is showing upward movement with a potential golden cross. RSI is also coming off the lower levels of the oversold state. Here is the play I will be making on this pair: P = 1921 SL = 1912 = $9...
spot gold has reached the target . jump up we suggested to buy in mcx gold