Forex-gold
Time to sell GOLD gold broke through the resistance line and reached the second resistance line in the sales area.
Now I expect a fall to the support line (and if this support line is broken, gold will fall strongly)
XAUUSD Short then LongGold have been in consolidation for a while close to the resistance zone.
We can expect the price to come down till the support zone and then a good buy oportunity
Gold shortCalled this trade on gold this morning, heading towards profit. Now moved to break even stops
Good entry point to buy GOLD.Slowly but surely, GOLD is moving towards our goal - a strong support line.
I expect that when the price reaches this line there will be a strong increase to the resistance line.
GOLD will make a correction Gold returned to the resistance line.
The trend is growing, but I expect that there will be a rollback to the support line
GBPUSD NEW STRUCTUREHello guys
I hope you get some profit from the market during this time
Due to the previous structure inside my plate, with this drop we have to change the wave count and now we are in wave C, which is forming
GOLD What to doEverything is clearly visible on the chart.
The price broke through 2 resistance lines and reached the resistance line at the level of 1550.
Do not forget that the trend is growing!
Therefore, now I predict a fall to the support lines, after which growth will begin to the resistance line at ~ 1600
GOLD will make a correction Tough choice.
On the one hand, the price has reached a strong support zone, which consists of three support lines, on the other hand, the price is now on two resistance lines.
I tend to sell. I think there will be a correction to the support lines where the growth began.
What to do with goldGold plummeted in a couple of days.
The price reached two strong support lines, after which growth began.
GOLD is now on a small resistance line and at the resistance level of 1547.
I expect that the price will return to the support lines and it will be possible to once again buy gold from these lines.
+ trend is growing
Target is the line of resistance.
GOLD (XAUUSD) Potential Harmonic Short
morning guys,
potential bearish harmonic abcd pattern is forming on gold.
this pattern gives us a perfect sell zone to short locally bearish market.
I will be looking for a sell entry within 1594 - 1609 resistance area.
profit protection will be started from 1557 level.
good luck!
GOLD will continue to growGold has fallen sharply, but the trend remains growing.
The price has reached the support line and support level 1561.
I expect growth to the resistance level of 1610, and then, after a small pullback, the price will continue to rise to the resistance line
Gold has reached the support lineI drew the support line in the previous forecast a little incorrectly.
Now the price has reached the support line + the trend is growing.
I predict the price increase to the resistance line
XAUUSD Short With some positive day for the economy about the comeback from yesterday we can expect some short position on gold.
Its possible to see a breakout of the up trend line and some kind of rejection for the up side.
Gold will continue to grow.Gold reached the resistance line and fell to the level of 1659.
But the trend is growing, and the price is at the support level and on the support line.
It is logical to look for an entry point for a purchase.
It is best to buy from support level 1659 where the support line is located.
Target is the resistance line
GOLD (XAUUSD) Wave Analysis
wave analysis is quite an efficient approach for analyzing the trending market on a higher timeframe.
it helps to find a pivot point with a high degree of accuracy.
what we do, we derive the information from the past market behavior analyzing the previous legs of a move.
based on that data we assume the market will stick to the same patterns in future.
on the chart, I measured the length of the previous major bullish impulse and projected it from the start point of the new bullish impulse.
this measurement points to the 1738 level. what is peculiar about this level, is the fact that it perfectly matches with the resistance of the rising channel .
so wave analysis tells us that gold still has the potential to go higher,
the first strong supply zone will be around 1738 and it will be the first zone to short from.
good luck!
please, support the idea with like and comment! thank you!
XAUUSD Buy Till End of Day 06/03/2020The NFP just confirmed the key levels.
If you ask your self why its going up and not down just check my previous analysis.
Here we can see just the basics. And the basics is the Market Structure (Up, Down, and Up), (breakout, retest, and up)
Also a flag pattern
GOLD will make a correctionGold reached a resistance level of 1686.
I expect that there will be a correction to the support line at 1659
GOLD IntradayAfter very accurately predicted the last rise in gold, we are expecting this movement to continue.
At H1 chart, the price forms a triangle, which will lead to a new rise to $1688 and $1696.
