GREAT TUESDAY
Greetings traders this is my analysis on gold and its a long for buy
Technical analysis of gold
informatoin ; Head and Shoulders
this pattern is now even more clearly presented with.
Head_ a higher peak (higher high)
Left shoulder_a weaker atempt recover , which confirms the loss of bullish strength
Usually, such a pattern is followed by a corrective move downwards (which has already been partially see)
potential trend change zone
Highlighted support in zone
3345_3325 usd _very imortant for confirming the bullish scenario.
the shown ''bounce zone'' suggests a possible purchase if the price bounces from this area
predicted path expected
fall to support (around 3345_3325 USD
Conclusion and strategy
Scenario 1(main) buy zone between 3357 3335 if price action signal is seen (pin bar engulfing
TARGET 3500+
Stoploss: Bellow 3300 support
Scenario2 (riskier) : If price does not bounce from that zone possible further deepening towards 3250 3215
Dear Traders like comment let me know what do you think
Greetings traders this is my analysis on gold and its a long for buy
Technical analysis of gold
informatoin ; Head and Shoulders
this pattern is now even more clearly presented with.
Head_ a higher peak (higher high)
Left shoulder_a weaker atempt recover , which confirms the loss of bullish strength
Usually, such a pattern is followed by a corrective move downwards (which has already been partially see)
potential trend change zone
Highlighted support in zone
3345_3325 usd _very imortant for confirming the bullish scenario.
the shown ''bounce zone'' suggests a possible purchase if the price bounces from this area
predicted path expected
fall to support (around 3345_3325 USD
Conclusion and strategy
Scenario 1(main) buy zone between 3357 3335 if price action signal is seen (pin bar engulfing
TARGET 3500+
Stoploss: Bellow 3300 support
Scenario2 (riskier) : If price does not bounce from that zone possible further deepening towards 3250 3215
Dear Traders like comment let me know what do you think
Trade active
XAUUSD UPDATE: WOW SEE MY ANALYSIS CHART GUYS I CLEARLY TOLD YOU IN THE CHART GOLD BUY FROM 3357 NOW MARKET CHECK REACHED 3397 AMZING SUPER HITTINGXAUUSD RUNNING IN 400 PIPS BOOM BOOM ENJOY GUYS
SHARE MY IDEA SUPPORT MY IDEA
Trade closed: target reached
XAUUSD RUNNING GUYS 600+ PIPS HOW WORK MY CHART LIKE OUR IDEA
SUPPORT IDEA
COMMANT IDEA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.