I had been told you guys, 1754 was daily resistance and could easily broken. Now, it's broken. Hopefully will reach 1721 very soon TRADE CAREFULLY AND WATCH YOUR MONEY MANAGEMENT 😜 SAFETY CAN BE FUN, CHEERS Chartwatcher1996 aka H. Haidar
FOREXCOM:XAUUSD As you can see gold needs a correction of 140 pips before start flying what is your opinion ?
Hello traders. Bohold my gold ideas and possible setups. I think that there is an Elliot Wave Theory starting from February during Russian and Ukranian war from level 2070. I believe that now we are inside wave 5 with realistic targets 1570 - 1590 and a possible target the extension at 1475 area. BTW 1475 will be great for longs. 1H - 4H bearish indicate...
Disclaimer: NOT FINANCIAL ADVICE | Please Like and Follow if you agree. I think gold will go lower. right now the price is at the strong support level and I expect that it will go up to the 1650 area and come back down if the price goes down from the 1620 area then we can short it and the next stop is the 1530 area.
base on my backtest using fibonacci, i predict price will fall again to that 2 zone i already marked.
Hi friends, I hope y'all had a fantastic weekend, and are ready to tackle this week strong ;) Today, we're looking at a possible long-term drop on this baby. These trades are derived from both the weekly and monthly. Starting with the monthly, the price is in the huge double tops 2nd leg formation that is bouncing off the bullish crossed short-term moving...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold sell, with potential to hit 1710! Early Sell Entry at 1765 to initially target 1754 with SL at 1769. Further losses potential targeting 1730 and 1716, perhaps below 1710.
It can fluctuate between 1816 and 1801. There is no big sale or purchase offer
Hello traders, We are still bearish for gold as we can see appering the Left Shoulder, the Head and he Right shoulder of the Gold Monster Pattern After hitting massive Elliot Wave objective for an ABC pattern: 161% for the big Orange C 361% for the Light Orange C of the big Orange You can check attach the Related ideas about this chart
Currently on the gold pair we can see price has changed to a bearish character on the hourly time frame it gives us a conviction for a sell but long term gold is bullish but we will keep an eye and see how it plays out.
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 2 Uptrend in green color (Internal Uptrend and Long Term Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness...
Gold is bearish for the time being 1-Making Head & Shoulder Chart pattern 2-Break Price structure and retest it
Good evening, After the rejection of the highlighted area for a third time, gold has formed a nice head and shoulders pattern leading to a possible reversion towards 1800. Trade with care, All the best
we have tapped into a 4h rejection zone. as long as price stays below 1831 we can anticipate a bearish move back down to 1800
Hi, Here we can see two order blocks for gold. the 1H order block got tapped into on Mondays fall. and is now bullish up to 1820 where we have another order block that will show us some downside price action Three reasons gold will short over 200 pips today. 1. 4H OB 2. Elliot wave c about to commence if you count the impulse and corrective waves 3. price is in...