Buygold
New Gold Trade Available now + Full Gold Analysis
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GOLD Hit All Targets +270 Pips CONGRATULATIONS Folks This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
XAUUSD GOLD Supply And Demand Trade IdeaHigher timeframe:
-Price low on the weekly range.
-Price inside monthly RBR demand/ reacting off of support
-inflation,war, bullish commodities long-term.
-Look for buys on lower timeframes.
Lower timeframe:
-Price broke 4hr downward trend lines
-Price removed opposing 4 hours supply zones.
-Quality 4hr/1hr Demand Created
-Waiting for pullback into demand.
Let me know your thoughts....
Gold At Important Weekly Support AreaBuy After Bullish Candle Pattern (Hammer, Inverted Hammer, Dragonfly Doji, Three White Soldiers) Or If Inside Bar Formed And Broke Up. Check On Daily & Weekly Time Frame.
Always Use Risk Management And BreakEven Technique To Your Ideas.
SL = 1670.00
TP1 = 1830.00
TP2 = 1920.00
TPs Are Based On Fibonacci Levels.
Are You Agree With My Trading Plan?
Good Luck & Trade With Care.
ForexCityPK
How To Look For a High probability Buy on XAU/USD 4-HOURHi Traders,
Gold seems to be setting up for a High probability trade. I love how price is currently consolidating in a Falling wedge kind of manner, this indicates the first signs that price may continue exploding higher.
Price is also currently bouncing off support at 1834.5, If this price holds, we will most definitely see price start tempting the highs of 1841.3 If Price is able to break this level I will start planning for a long position and ride the wave to 1873.
This setup is pretty straightforward and by the book, as they say, our job now is to wait.
If price does break and close below the support of 1832.3 I will no longer be interested in Long positions.
Be safe in the markets.
Renaldo Philander.