Visualize with me, a bearish scenario and gold falling dumping... not possible, at least for me, you can't trade against the market manipulation. Liquidity is the target and price action is a thirsty devil. Price action will shred anything in its way between this liquidity All we need to do as (bulls) is simply buy, most importantly buying at the correct...
Hello everybody, this is only retest. GOLD will go up. 2000++ coming.
As we see a bearish move on gold the other day. But GOLD is still bullish. GOLD has a made structure. IF GOLD break 1920-1921 than on a retest it would be considered a good buy to target 1964. Let see how it works. This is not financial advice. it is just an idea and the market can go in the opposite direction.
Two days ago, Gold dropped hard with a daily range of 600 pips from top to bottom. As normal, this drop found strong support in 1900 and we may wonder "now what?". In my opinion, even in a medium-term bearish scenario, the price should have a new leg up and a challenge of 1930-1935 resistance and dips slightly above 1900 should be bought. On the other hand, a...
Gold prices are consolidating above 1910. DXY are making many pressure today. But we still Bullish. As expected by most experts, the price of precious metal has seen significant growth since the beginning of the year and, despite yesterday's decline, is being kept at fairly high levels. Undoubtedly, the strengthening of prices is directly related to the situation...
Hello my friends, Another trade setup for today before i am going offline. As you can see, XAUUSD recently dropped 580 pips in only 1 day. It finally find support at EMA-200 of 1hr timeframe. In my opinion, we could see some bounce to the upside. Maybe to test 1936 area. Notice also there is an inside bar pattern occurs at support. When an inside bar occur at...
The Feds printer go boom so gold go boom too
GOLD provides a good move down yesterday after getting a rejection from 1960. but price respects the psychological level in 1900. So GOLD has still a firepower to go up from the current price. and retest 1960 again with NFP data and USD Weak fundamentally. Before that we provide the analysis of gold sell but price break the structure and go up now after the...
Until we break the trendline, we are still on an uptrend.
GOLD Break Channel success 🚀🚀🚀🚀 Now Gold is Breakout Channel trend success wait until pullback to new support or channel line and look for entry on right that ❌❌IF FAIL BRAKE NO TRADE No Pending Order for carefull fail break ❌❌ ✅ Resistance ▶ 1990 - 2000 ✅ Support ▶ 1900 - 1910 Goodluck 🙏Ton Trader 🙏 🎁🎁🎁🎁🎁
This is just my analysis and I didn't have any open trade on XAUUSD right now. I will input a long or short position to indicate when I have open position just like my previous post. Don't just blindly follow my TP and SL and leave it as I do change it from time to time according to market movement.
What is going on with gold yesterday after the FED announcement that has been mixed? A democrat lead in Georgia Runoff election should be positive for gold as stimulus expected. But on the other hand FED annoucement has been mixed. When FED announcement meeting came, it always on the other side will side the indices and gold will going to be abandon for a...
In this technical analysis I will walk you through all the major zones on the chart and explain how to use them for predictive purposes. I tried to make the chart as self-explanatory as possible so I won't add lots of text in here. In case you have any questions, feel free to drop a comment and I'll make sure to leave an answer for you. Trading-Guru
Quick update on gold... Reversed from the point called and we dipped to 1900...but we closed above 1907 which I said was very important to keep gold bullish. If you took longs from this point called you would already be up 130 pips and aiming now aiming for the $2000 region. I provided this 1907 region in my last up date. GOLD has broken it's downward trend...
With an overall bullish trend, this looks like a good opportunity to buy some gold !! This juicy pullback to the 4h trendline looks like a good entry point. It has been pulling back to the 50% fib level after every swing up on the hourly chart, and is at the 50% level now. Good luck :)