Good morning traders in this analysis on gold we saw that yesterday we had a very strong level of resistance being respected at the 1735. Price then came down to retest the support structure of 1723 and then price managed to break through the support level with the New York volume and now we are on out way to take more shorts once the price can retest and break...
Buy the lows, Sell the Highs :) TP 1860 SL 1840
Two things we could see happening: either Gold sells back to the trendline or S/R zone now and bounces off for the buy OR Gold pushes higher now and pulls back to then complete the momentum move up. Overall UpTrend is being established and we are continuing to see a weak dollar..
Gold has continued to decrease as expected and now it has found temporary support at the $1,800 psychological level. I mentioned last month on my analysis drop expected After US-election would drive the price at least till the $1,800 level. The price is located in a strong support area represented by the $1,800, the S3 ($1,803), So, a bearish closure under the...
Hello, in this overiew of weekly and monthly, we see that there's an interesting opportunity to buy Gold ad the level of $1960 USD and keep the long position in the $2200 USD, that mean: If you trade 1 oz of GOLD and you buy 1 oz of Gold on the price of $1966 USD and keep the position in the $2200 USD, your earning is $233 USD, that is a great for...
So we start with the Fib Retracements, there has been a Sup/Res level between the two levels 38.2 and 50, and which also is shown by the span B on the Ichimoku. For the price to continue up, the level 1700 needs to be broken upward. Then we can say let the bulls rally. This way the next two targets will 1710 and 1730
Here is another Forex Trading Snack. From our breakout trade more then a week ago I’m still holding onto my very bullish bias. It has pulled back to its longer term flag top pattern ( indicated by the horizontal red line ) a shorter term bullish battle zone with the lower 1500 round number being the bullish OH crap zone!! This is a free ride trade for the idea...
Hi Guys, following my previous post, the precious metal is continuing its correction within what looks like a potential 4th wave correcting the big 3rd made yesterday. Gold seems to have completed W and X, therefore Y may form a combined structure before completing the corrective pattern. For more information please visit this link on corrective...
Hallo Tradingviewers, This is not an idea but the analysis of an idea posted by AhmedSar who discovered an interesting formation on the 4 hour chart. My chart is 15 minute and try to show what price is doing at letter D of the Baby Bat formation illustrated by AhmedSar. Please also have a look at the 5 minute chart below to better appreciate the pattern...
Hallo again, following my previous post please find below the daily chart of Platinum that may anticipate a move in Gold. Remember that on the 25-26 September there is the FED meeting. Please share your views and comments. Any idea is a contribution for better understanding The Matrix. Please note that I am not a professional trader and these are my personal...
Hallo People, above is a potential scenario for gold. Below some similarities with EUR/USD. Here the link of an interesting article that talks about GOLD similarities with EUR/USD. www.investing.com Have a good night everybody! Please share your views and comments. Any idea is a contribution for better understanding The Matrix. Please note that I am not a...
XAUUSD short @ 1210.65 SL: 1214.40 TP @ 1180.64
So like u see, its a really easy setup with low risk. Its based on a Candle Pattern and a few tests at the trendline. Good Hunting everyone :) !
Check out this Elliot Wave driven technical analysis punt from me. Gold has a lovely growing rolling pyramid structure that is generated mostly through particular price and event patterns. Simple LONG hold here. Buy big or go home. Hold long or mess about stepping in and out. Easy profitable trade IMO.
After the birth into a brand new not so shiny market, I can happily say a vast majority of our active clients listened well and entered into XUAUSD positions with our platform www.STBinary.com Moving forwards we will see no doubt a large accumalitive growth pattern with GOLD. Uncertainty is king remember. Trade re-negotiation deals are coming. Scottish and Irish...