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Auxusd

GOLD for the SELLLast day candle is going to close below the Strong Support line at 1860 which is considered a break in support. If you look at the other touches I circled, no candle closed below the line without selling for a bit. Also another reason to support this sell is the head and shoulders formation, we already have a shoulder and a head and if you look closely it’s possible a right shoulder is forming. Also the touches inside the small trend lines makes the resistance even stronger. Everything from my perspective right now leads to a sell. The only situation that could support the buyers is very convenient news leading to USD losing value. Summary: Candle couldn’t break resistance and it’s gonna close below support, while possibly forming the right shoulder for the H&S formation. I’m a buyer and a seller so I’m open minded to both options. But I realize those that are specialized in one type of order are close minded to other possibilities. So if you’re strictly a buyer and gonna comment with negativity save it 😂😂
SAXO:XAUUSDShort
by AlvinMckenzie
Gold buy or sell? Ideas for Mid to Long Term This is a long term investment strategy but off course we are not without a plan for the short-mid term. I think that 1700s will the perfect buying spot as the 18 months moving average would coincide the 0.618 Fibonacci retracement it it plays out in the next 2-3 months. TVC:GOLD moved very quick and unsustainably decoupled from the 18 Monthly moving Average. The rally can continue only by multiple corrections to the 18 MMA . Long talk short, we are taking partial profits here and wait for the above scenario play out. My Long term (years) price target is 3525 USD/ounce as is the price target of the gigantic cup & handle . I am not a professional technical analyst. My analysis are not trade or investment advice. We can never know what the market needs or wants. It does its thing, then we reevaluate.
TVC:GOLD
by turgaycubuk
Is that a real breakout? 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. if not, let's say another 50% of retracement, by the way, have you seen the last dogi candle in H4? that might be a reversal candle signal.
FX:XAUUSDLong
by taktip
XAUUSD short sell #XAUUSDshortthe price is losing strength, I see it marked by the turn it is taking (it is slow but the "bulls" are losing ground). I think the market is going to close lower zones, "everything that goes up falls", the XAUSD has already been in the range for a long time without generating new work zones, nor did it produce breaks of valid resistances to be able to expel the price to new levels higher and reaffirm the upward trend "buy low and sell high". Also a factor that I think is very strong would be that most small investors are operating with many purchase contracts and as we know, institutions may be waiting for a moment to absorb all those contracts and change the price towards lower levels and then start to buy to exceed the maximum historical prices as we have all been waiting since the year began. el precio está perdiendo fuerza, lo veo marcado por el giro que está tomando (es lento pero los "bulls" están perdiendo terreno). Creo que el mercado va a cerrar zonas inferiores, "todo lo que sube cae", el XAUSD ya ha estado en el rango durante mucho tiempo sin generar nuevas zonas de trabajo, ni produjo rompimiento de resistencias validos para poder expulsar el precio a nuevos niveles más altos y reafirman la tendencia alcista "comprar barato y vender caro". También un factor que creo que es muy fuerte seria que la mayoria de pequeños inversores están operando con muchos contratos de compra y como sabemos, las instituciones pueden estar esperando un momento para absorber todos esos contratos y cambiar el precio hacia niveles más bajos y luego comenzar a comprar para superar los precios maximos historicos como todos hemos estado esperando desde que comenzó el año.
FX_IDC:XAUUSDShort
by franco_GCh
XAU/USD sell opportunity!!!!Hi traders hope everyone had a good weekend.This is my analysis for gold this upcoming week. Okay last week identified the key area of broken support looking to turn resistance at the 1585.48 level. It’s a area to start and look for a pullback and a potential move to the downside. We are also forming somewhat of a head and shoulders pattern ,so going into this week the 1585.48 level is a nice place to start and look for those bearish patterns and if we get the rights kind of bearish setup in this market we’re going to be looking at selling the market down to the next key level of support the 1536.74 level, and if we get a break through that level ,our next targets will be 1515.40. Hope this analysis was helpful. Feel free to like and follow for more ideas!!! Good luck and hope you all have a profitable week.
OANDA:XAUUSDShort
by FX-SPOT
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