XAUUSD LONGXAUUSD BUY LIMIT
entry price- 1669.800
take profit -1775.555
stop loss - 1665.666
if can afford taking risks use 1662.000 as a stop loss
Buygold
$2,300 Gold?Here's what I know:
- Gold is in an uptrend
- It put in a nearly perfect 50% retracement
- Good support at ~$1,760
What to look for:
- break of the trend line...ideally two bars closing above with a touchback.
- further weakening of the USD
What to do?
- Start adding long positions now with stop loss around $1,750.
- Add to long position with break of trend line.
- Once the trend line is broken as per above, move stop loss to just below low of touchback level.
- Target $2,300...continue moving stop loss higher along the way.
Easy peasy.
My prediction came true! let´s continue with the goal: BUY!My prediction has come true again! all that remains is for the price to go up to the marked point. It may make a small correction and it can be a good opportunity for purchases. We're starting to see that it can happen as in August, and reach a resistance of 1940.58, but that's already looking at a longer term, now let's focus on this.
Good Luck!
BUY OPPORTUNITY ON GOLD Amazing opportunity on gold. Price has moved well so far. On Asia session we expect slight drop then a bullish run. Buy and use tight stop losses. Targets above previous market high. Use proper money management. Good luck OANDA:XAUUSD OANDA:XAUUSD
GOLD TARGET TO REACH 1200 PIPS SETUP QM BUY VHRTFX Forex Rules
1.0 Trade Process
First Phase
Find supply and demand in daily/h4 draw a line or box
Find pattern(quasimodo/HNS/KING/Engulf) in h1/m15 HIGHER BETTER, snr in area snd of (1)
The setup sl must below 5% from capital / Ratio 1:2 above (DEPENDS ON TIMEFRAME AND CHANGE LOT SIZE WHEN SL IS BIGGER)
Plot everything on the chart and mark the setup
Entry and forget (Stop loss and Take Profit is compulsory)
Second Phase
Almost hit tp set be
Do house work or Backtest ss or go productive
Third Phase
Hit Sl and lost 5% from capital stop trade for the rest of the day
Hit tp and reach target also stop trade for the rest of the day
Extra Profit withdraw or transfer to account wallet
2.0 Type of Account Money Management
2.1 Account Control Money Management ( CMM )
Risk 1-3% recommended for 2% from capital per day trade
Leverage 1:15 or below so we not using over lot size
Target 5% to 30% per month and withdraw the amount that exceed 30% profit
When current day have lost reach 3% or 2% Stop Trading for the rest of the day
2.2 Account Full Margin ( FM )
Only trade 1 pair
Leverage set the highest your broker can give prefer 1:2000
Never use stop loss
Preferable using extra profit capital only!!!
Gold , Silver , GBPUSD , GBPJPY
Setup Quasimodo, Kink King
Gold Three Waves Pullback!Gold Witnessed a fives waves down reaching 1802 Level, and entering a 3 waves pullback at the moment.
at first we take into consideration that the pullback is corrective targeting 1863 unless the chart gave us a bullish momentum and broke the target.
be aware of a counter wave for now to retest 1830 level at which it will be a good entry to go long again.
GOLD LONGWith an overall bullish trend, this looks like a good opportunity to buy some gold !! This juicy pullback to the 4h trendline looks like a good entry point. It has been pulling back to the 50% fib level after every swing up on the hourly chart, and is at the 50% level now.
Good luck :)
GDX ready to push up?RSI above 50, MACD still with a positive upward slope, as well as a rising histogram. Runaway gap from Yesterday made with a big volume spike and wasn't tested nor covered. An eventual test of the gap would be an additional bullish confirmation, but depending on gold's price that may be skipped.
Gold been settling in, consolidation to breakout Have a look at this , Gold has been consolidating and been cooling off the over bought pressure.
Its well cooled off now, have a look at that Weekly 50 on the RSI ( has bounced back and been basis for
bull support over the last few bounces off trendline)
1775 level key level for a strong bounce
I had been waiting for this to drop, but this is too strong ... We should be smashing 2000 soon and beyond !!
CURRENCYCOM:GOLD
XAU/USD BUY OPPORTUNITYcurrently gold has hit a strong resistance, touched the 50 MA and also touched the 0.236 Fib level. I would buy with TP at 1875 previous high.
Gold Pullback is an opportunity to Buy againGold is probably going to start a minor pullback to finish a corrective wave 2)
that will be an opportunity to long again, as you may see in the chart above my count is impulsive, as i see gold may reach 1901 in the near term, and if broker 1057 again.
wave 2 can retrace 61.8-76.4 % of wave 1 that means the invalidation level is going to be near 1820's. if my count is correct we will expect the third wave to start soon, which is the longest and strongest in term of motive waves
Gold - Buy Set UpIn this Video we look at why Gold prices have risen from $800 an ounce in 2007 to $1,800 an ounce in 2020 as the U.S 10 Year Treasury Bond Interest Rates has declined.
Investors can no longer protect the purchasing power value of their dollars from Inflation through buying U.S Treasury bonds, as interest rates are now pegged close to 0.00% by the Federal Reserve so the U.S Government can borrow at cheap rates to help the U.S Economy coming out of the Covid-19 resession.
Gold has been in strong demand since 2007 when interest rates have been cut. The commodity loses it's value when interest rates go higher.
With President-elect, Joe Biden pushing to pass a $2 Trillion stimulus package in 2021, along with the FED strongly telling the markets rates will remain at 0.00% until at least 2023, investors have little choice to continue to buy Gold as a hedge against inflation.
Gold is already up 28% off the low's of this year and up 244% since 2007 when interest rates where cut to 0.00%.
Gold Buy Signal!!Gold retraced nicely from 1750/60 area, and i believe that the last bounce is impulsive as we can see a 5 wave formation momentum.
that means any pullback for gold between 1820-1805 level is an opportunity to long gold. i know that the vaccine news can work against our analysis but with all respect i think that the market already discounted the vaccination news.
so gold most probably will be affected by the stimulus program that will be adapted form the treasury.
Buy Gold ~450pipsI am currently in a buy on gold after my previous sell. I would be buying for about 450 pips.
***Please do your own analysis and share your thoughts. Thank you.
GOOLD ANALYSESHELLO TRADERS
GOLD IS PREPARING TO HAVE A VERY STRONG BULLISH TRAD NEXT WEEKS, BE IN RIGHT POSITION AND WAIT FOR IT
GOLD ZONE TO ZONEWeekly level once again acting vital for gold. Price bounced from weekly and I am expecting to see further upside potential. Anticipating a small retracement to the liquidity area and then rocketing to 1910 next magnetization area. #tradesafe #tfd #theforexdaddy
