Pattern: 1D Channel Down. Signal: Bullish as the price made a Lower Low and broke above the Channel's median. Target: 1490 (just above the 1D MA50).
Pattern: 1D Channel Down. Signal: Bearish after the price was rejected on a nearly symmetrical Lower High on successive rejections. Target: 1453 (former High).
Pattern: Channel Down on 1D. Signal: Bearish as it is approaching the Lower High of the Channel. Target: 1453 (former High).
Entry @ Market Price (approx. 1519.00) SL @ 1510.00 TP @ 1535.00 / 1545.00
after price rejected from trend line i see a potential sell .... how ever we set tight stop loss with big target so hope u all the best
Pattern: Emerging Channel Down on 1D. Signal: Bearish after a Death Cross has been formed on 4H. Target: 1485 (1D Support) and 1465 (Channel Down Lower Low) in extension.
I see an up move to gold . however it reaches to an important area whivh i think will go up .. however i see 1480.206 is the last station for gold i recommend buying gold with tight stop loss would be at 1480.00 ..
GOLD SHORT SELL IDEA h1 frame sell setup easy setup in gold
Pattern: Channel Up on 1D. Signal: Bullish after the price makes a new Higher Low as per fractal comparison. Target: 1440.
Pattern: Channel Up on 1D. Signal: Bullish as the price is reaching a Higher Low. Target: 1460 (because of the dashed lower slope Resistance).
Pattern: Rectangle on 4H. Signal: Bearish on the 4H Resistance and 1D Resistance. Pick depending on your risk tolerance. Target: 1,390 (the 4H Support).
Gold has entered its 5 year Resistance Zone (1350 - 1365). This alone is an immediate sell signal. What's even more interesting though (and a stronger reason to go short on Gold) is the cycle that the metal tends to seasonally follow every 1.5 years. The chart speaks by itself. I have distinguished two time periods: 2017/18 and 2019/20. Every time the price...
Pattern: Ascending Triangle on 1D. Signal: Bearish as it is testing the last Resistance (twin rejection) Zone before the 2019 High. Target: 1290 (Higher Low on 1W). * If the Resistance Zone breaks, assume a fast rise to 1345.
Pattern: Bearish reversal candle pattern on a 1D Lower High sequence. Signal: Bearish after three straight bearish 1D candles printed. Target: 1270 (just above the 1D Support).
Pattern: Inverse Head and Shoulders on 4H. Signal: Bullish if the current candle formation (circle) breaks upwards, bearish if it breaks downwards. Target: 1310 for the bullish break-out, 1268 for the bearish break-out.
Pattern: Lower Highs on 1D. Signal: Bullish after a new Double Bottom on 4H. Target: 1280. This is the 0.618 Fibonacci retracement. Every previous Double Bottom formation rebounded to the 0.618 Fibonacci level.
Gold has been declining since mid February and the 1,346.79 High. If this pull back has been purely technical then the important test on the 1W chart has arrived as the price is on the Higher Low region. What is more interesting is that last time Gold tested a weekly Higher Low on a similar pattern was in December 2017 and the rebound was so strong that gave way...