Gold is currently trading between a strong resistance zone, where we’ve seen multiple rejections, and a key support level. The price has been bouncing between these areas. If we see the price drop back to the smaller support, there’s potential for a bounce. It will be crucial to observe how buyers respond at this level to determine the next move. If buyers show...
Hi, I see A very good Investment opportunity Risk to rewards is almost 6 times Good luck every one
BTC Value (based on gold) projection made by using a Fibonacci extension (2.4 Target). You can do the math. BTC Donations: bc1qxwhk0agh94r6negx563x5n98msts4asf4k6tk0
HELLO GUYS THIS MY IDEA 💡ABOUT GOLD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this long position.. and when the price come back to this area, strong buyers will be push up the market again.. UPTREND + Support from the past + Strong volume area is my mainly reason for this...
HELLO GUYS THIS MY IDEA 💡ABOUT GOLD AUX is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
Owais this is for you to check over. Low was 1720 double bottom and major support 4 moves down with 3 accumulation zones start of new cycle with big 400 pip move. expect small retracement followed by continution up to 1765/1775
Possible bullish price movement forecast for the next towards 1913.00
Hopefully you will of already bought gold last Friday with the major dip down to weekly support again at 1860. If you haven't there is still time. We are currently trading inside a giant bull flag and I expect prices to move up to test a breakout of the flag over the next few weeks. Stop loss at 1855. Further we had a nice inverse head and shoulders break today...
Just having a play around with trying to draw trend lines, and just analysing the past market, i'd love to hear your ideas, let me know if you have any advice or tips!
Some interesting chart to watch over the coming weeks to months. We will likely see Gold and Bitcoin outperform the equity markets.
Please share with me your thoughts Regards
Finally, I am back! This is about gold. nowadays I am focused on Oil and Gold, so let's go. last week we had a great bullish impulse on Gold. this is a very important level and controversial reversal area as well. I am totally long about Gold, thus the next target potentially can be 1765. let's see if it can close above the yellow zone then it would be bullish....
After reading series of books on trading I find that realistically (other than EMA/SMA) none of the indicators give us significant enough leverage to place trades with confident levels. I still like the ADX. Stochastics and RSI as both directional and volume indicators. Buying APPL in here is nothing short of madness. Just compare this chart to BTC from late 2017....
Last post: July 13th 2019. Review: Price was consolidating. Update: Since then we have seen a nice move to the upside but price is now starting to pull back, using the $1,500 round number as support. Conclusion: To confirm a continuation of the upside, we want price to break and close above the previous high. Any comments or questions, do not hesitate to...
Generally considered a reversal pattern, a classic diamond top is currently playing out on the gold 60 minute chart.
The gold 60m looks to be building a diamond top reversal pattern. Just a possibility to consider.