GOLD SHORT?Gold could pull back into structure after an impulse move downwards
what is your thoughts on GOLD for today?
Forex-gold
GOLD: A DOUBLE TOP FORMATION, MIGHT END THE BULLISH TREND We have two fail attempts of the prices to break the 1740.00 which lead to a double top formation that have a nick-line at 1678.6 the break of that nick-line will lead to a bearish correction that might turn to a bearish trend. We also have a broken bullish trend line that support our bearish view for Gold.
Personally I will enter a sell after breaking and retesting of the nick-line. I might even go further and wait for a close below the 1643.10 as entering a sell on gold in these situations might be risky so I will wait for much as I can before shorting Gold.
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Gold will fall I expect gold to begin to fall. Gold break the support line and reach the support line below.
Time to sell GOLD The price has reached a strong resistance line on the h10 timeframe.
Now I expect a fall to the support line
Good chance to sell GOLD Sell gold.
The price has reached the resistance line and I recommend selling gold to the level of 1640.
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!
