XAUUSD before a 6% increase. It can be seen from the analysis that XAUUSD is made to cross the D1ATR axis (orange dotted line). The turning point coincides with 50% of the D1ATR distance (white line). The simultaneity of these two signals presupposes that gold has begun to build a rising wave system. The primary target price for the rise is 1953usd
Price continues to face bullish pressure from our first support level at 1817.72, in line with our 78.6% Fibonacci extension, 50% Fibonacci retracement and horizontal pullback support, where we could see a potential further rise up to our first resistance level at 1875.34, which is in line with our 50% Fibonacci extension, 78.6% Fibonacci retracement and...
Gold forms a bullish structure on 4H chart, pssibility of gold rallying to 1900s.
Buy 1835 SL 1828 TP 1870
On Sunday I've written a comment saying that " The H&S will not pay off " , AND IS STILL MY BELIEF THAT WE DO NOT HAVE AN H&S IN PLACE! So, I will start with this, why it is not an H&S? 1. First of all, it doesn't even look like an H&S 2. Beyond its particular look, H&S needs to suggest something: failure for buyers on the second shoulder, here we have a...
A timely update here after a conversation with @zhaoyu01...I will try to keep this one short as by now we all know what is in play. On the inflation front it is clear what we have cooking. Sharp speculators in bonds are miles ahead as usual and signalling loudly that we have inflation coming to our theatres very soon: One of the best assets in 2019/2020 has...
Buying Gold - Swing trade - small risk Entry 1825 Stoploss 1805 Target 1925 Gold into 1925 before Christmas. Make sure you don’t mis this move 👍 Our Premium 1-1 mentorship is tailored around you. It is designed based on your current knowledge and experience of the market and we create a bespoke plan to maximise your learning opportunities. This is perfect...
BUY NOW GOLD WITH STOP LOSS 1812 Target 1880 & 1910
Gold - Intraday - We look to Buy a break of 1851.2 (stop at 1841.8) Daily signals are mildly bearish. A break of 1850 is needed to confirm follow through bullish momentum. Pivot resistance is at 1899. Expect trading to remain mixed and volatile. A break of 1820 is needed to confirm follow through negative momentum. Our profit targets will be 1878.8 and 1884.4...
Gold - Intraday - We look to Buy a break of 1851.2 (stop at 1841.8) Daily signals are mildly bearish. A break of 1850 is needed to confirm follow through bullish momentum. Pivot resistance is at 1899. Expect trading to remain mixed and volatile. A break of 1820 is needed to confirm follow through negative momentum. Our profit targets will be 1878.8 and 1884.4...
Buy 1836.37 SL 1826.37 TP 1886.37
Threading within range it has built support heading back up to high 1800's for a retest before dropping into lower 1700's region
Price continues to face bullish pressure from our first support level at 1817.72, in line with our 61.8% Fibonacci extension, 50% Fibonacci retracement and horizontal pullback support, where we could see a potential further rise up to our first resistance level at 1875.34, which is in line with our 78.6% Fibonacci retracement and horizontal swing high resistance....
Gold spent last week, excepting last Monday's spike up and quick reversal, in a consolidation/accumulation between 1820 and 1850. In my opinion, the H&S visible on the chart will not pay off and I expect a continuation to the upside towards 1900. I will look to buy dips and my zones of interest are 1815-1818 zone and 1825