FOREXCOM:XAUUSD *Trend bias = up * Good support @ 1280 * Bullish engulfing pattern completed and we have the wicks indicative of new lows being rejected Going long @ market price 1285.53 with Stop loss below the lows @ 1275.84 and provisionally targeting the 1296-1300 level Don't bet the farm and always exercise good risk management.
REVIEW OF GOLD: MACD already told us the downward momentum is gone. RSI is Overbought All these telling me Gold is facing Daily Resistance. I will look into a small time frame to find. Any bearish pattern: Double Top, Pin Bar, Bearish Engulfing and short. Trade with care and use good money management. If you don't understand the setup please ignore the trade....
XAUUSD 1H Structure break and pull back
After a 4h correction let's see where this movement goes. It can drop a lot more, but Risk reward its pretty attractive.
Hi there, XAUUSD is struggling for upside and pushing slowly for upside. Soon it will break down and will break down hard once it will break down then keep selling the XAUUSD all the way back to the bottom.
FOREXCOM:XAUUSD * Support level reached * Looking for a buy signal via price action on H4 * Note that the support COULD break in which case a short to 1175 would be favorable More details to follow!
XAUUSD I'm looking for price to return to a short term support level around 1220.78 1. A buy signal would need to print like a hammer or bullish engulfing pattern in order for the setup to be valid 2. No congestion (if there is it means the bulls are battling and the support may fail Note the support levels drawn with dotted lines. Like this idea to receive...
XAUUSD Short Trade Idea: Gold Is Falling Hard. Looking For This Move To Continue. Watch Out For These Four Hour Candle (We Don't Want A Wick Forming). SL: Don't Have A Tight SL You Will Ruin The Trade
Gold Looking To Continue With It's Downtrend. Opened A Short Trade On This Pair Looking For a Nice Trade Down Till 1184.0 (1st TP) Levels or 1164.0 Levels (Perfect Trade).
XAUUSD Buy Possibility Trade: This Pair is so annoying lol, Had it going up this week but current events just tipped the markets upside down. Overall, this pair suggests an up move and that is exactly what I am looking for. Looking For Buy Trade Setups and Entering As The Up Move Is Eminent. A Good SL Is Around 1298 Levels Good Luck!!
XAUUSD Buy Trade: Buy Trade Based On Trend Continuation. A Perfect SL Is Around 1298. Leevels
XAUUSD Buy Trade Idea: We are at a very interesting point with Gold, its setting up nicely for an upmove making a buy trade hard to resist. Be careful with your trades, you can have your TP around 1313.00 Levels.
- Gold made another Pin bar that tested supporting zone today - The whole structure shows that Gold is still in trading range - Buy low when price breaks High today or make some retracement to its Fibo 38-50% - Target at 61.8% of previous bearish impulse leg - Comment +1 if you make profit
Gold price is now testing major resistance area at 1261 (23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) and this is a key inflexion level. A strong reaction could occur at this level with the next major resistance at 1272 (Fibonacci retracement, horizontal pullback resistance, breakout resistance level) and our next...