Hi friends. Revers on GOLD market. We have situation when too much volume of longs closed. And now way to 1854.0 is free. Levels thanks to X-Lines script. Follow me. And ofcourse read previous idea below.
everything is in the chart what do you think? lets discuss
im thinking in buy gold in the short term after breakdown and retest
Gold Divergence & support and resistance showing uptrend. I'm new to this and very happy to get feedback to my charts and ideas. Kind regards, Marius
Team,, Buy Limit XAUUSD di Fibonancci 78.6 Buy Limit 1806.00 SL 1796.00 TP 1856.00 RR 1:5
Looking at the patterns looks good to maybe create another curve. Pattern is quiet bullish. You don't need to take this trade but feel free to follow it. Im new to trading What do you all think?
Good morning friends, as you can se on the chart, we have sellers squeez, which means that buyers will take the market. BUY XAUUSD.
I anticipate further upside on gold to retest the prev highs, as we've broken above the wedge pattern and are above the 50,100&200 moving averages.
Buy the lows, Sell the Highs :) TP 1860 SL 1840
📌 ridethepig | Gold Market Commentary 27.01.2021 In the middle of Fed, let's update the Gold chart! Buyers are in the habit of unpinning , by choosing the quiet break of $1,860 and then allowing a quiet congestion to justify this collection of energy based on two premises: 1️⃣ The bottom formation has taken place ahead of the event. 2️⃣ The troops...
Gold/dollar has been consolidating since early August 2020. We could potentially be nearing the end of the correction which would lead to a multi-month run for the commodity. A series of higher lows are starting to form on the daily chart which gives us an indication of a trend change. - HH
We can see in Daily Timeframe as well the area got rejected a few times and probably the fomc statement giving ability for gold to continue the bullish trend i expect gold will bullish this day as my forecast thankyou
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Hello All, Gold had a nice run to $2000 last year after the march COVID drop. Since then, It has been bouncing in a downtrend channel. That had changed when XAU broke out of its trend on Dec 16, 2020. Since then, it's consolidated above that and retested it as support. I have shown all the rejections in red pointers. The Relative Strength Index tells a...
-Descending TL breakout, retest expected -0.5 fib retracement -Previous resistance now support -MA50 shifting momentum