Gold will continue to growGold broke through the resistance line and the resistance level of 1562.
Now
1) The trend is growing
2) Price at support level 1562
3) the price of the support line.
Forex-gold
XAUUSD | Supply and Demand zones | Weekly Direction
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GOLD SHORT TRADEStrong bearish wave (A) occurred until level 1550.65
then price pullback forming corrective bullish wave (B) which ended at level 1592
Price now is in bearish wave (C)
Price broke key level at 1563.25
Below Moving Average 100
It's expected for strong bearish movement to target HVN at level 1476
GOLD will fall to support lineGold has reached our goal and now the price is on the resistance line and at the resistance level of 1562.5
I expect a drop from this level to the support line
XAUUSD LONG Hello guys,
Going into this first week of February, i am only looking for longs on gold. My bias shaped by the ongoing chaos that are ongoing worldwide.Most currencies and indexes are weak meaning that investors are rushing their money to gold hence it will be risky shorting gold. The chaos that i am talking about include the iran war, the trade deal, the just concluded brexit which investors haven't really shaped up their mind yet on whether its good for both the uk and the eu or bad. Last but not least usa president trump's middle east peace deal and his impeachment.
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Gold Rush Hour The chart is pretty much self-explanatory. A small pattern for a retracement to create the right (inverted) shoulder pushing the price right back up to 1558 breaking the last week's high reaching the next zone @ 1562. Enjoy and happy Pippin'!
XAUUSD (GOLD) Market Outlook | Daily Forex Market BreakdownXAUUSD
Sitting in slight profit. I am favoring more downside movement soon. If you move SL to entry and get stopped at break even don’t rush back into a trade. Wait patiently for clean entry. If I see anything I will let you all know!
GOLD LONG TRADEGOLD broke upper limit of ascending triangle pattern at level 1568
Price now is in sideway after reaching level 1588.70 forming continuation falling wedge pattern
Price is above Moving Average 100
It's expected that price will retest the lower edge of the pattern and the key level at 1571.70
Then pullback to go upwards towards levels 1590.90 and 1609 respectively
GOLD 23/1/2020In the daily we can see the rejection of the monthly ressistance with a desending channel. in the 4H chart we see the breakout of the rising wedge and now retesting the daily ress. with a flag. First TP could be 1535.90. Wait for the confirmation.
GOLD IS FORMING BULLISH PATTERN 123Strong bullish movement ended at level 1568.73 forming wave (A) then corrective wave (B) is occurred until 61.8% Fibonacci level of preceding wave (A) at level 1548.78
price is rejected from this level
RSI broke downtrend
MACD shows bullish momentum
Price is supported on Moving Average 100
Above HVN at level 1552
It's expected forming strong bullish wave (C) to target the supply zone and 61.8% Fibonacci level of the main bearish wave at level 1582.15
GOLD on the resistance levelGold is now at the resistance level of 1562 + near the resistance line.
I think its a good short-term trade for sale.
Until this level is broken I will consider the sale.
The target is level 1525 near the support line.
DXY Intra week bullish Ideafundamentally and technically USD on a bullish biaas.fundamentally Trade war fog been cleared atleast to an extended by signing the frst phase both Chinese and American leaders.So we expect and upside by next week .
GOLD What to doGold has reached the resistance line and is now at a strong resistance level 1553. In case the price breaks the support line we sell gold to the support line
GOLD 13/1/2019Price reversed from a montly ressistance and already retested it with an engufing as a confirmation pattern. Black arrows represent the market structure.
XAUUSD LongGold has built up bullish momentum on 1h ahead of the weekend and wick has pierced resistance level.
Failed to break back in with strength on 15m.
Tight
3:1 RRR
Eurusd short eurusd short tp and sl updated
1:3 trade
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check out my pevious analsysis on nzdusd
GOLD What to doHello Traders!
Gold continues to grow rapidly.
In the previous forecast, I said that the price will go down to 1550, after which it will begin to rise to the level of 1617.
A little was not enough to this level.
And now I expect a pullback to the level of 1580 after which the price will begin to rise to 1617.
EURNZD SELL TRADEEURNZD Continue it's bearish trend by breakout major uptrend line on H4
The pair breakout key level @ 1.6800
Bullish Pull back occurred and rejected by 100 MA
Now RSI on H1 shows overbought and should continue on it's downtrend
GOLD gonna fall like hellGreat opportunity to sell XAUUSD.
Now the price has a strong resistance level of 1550 and I expect a fall to the level of 1516 (a further fall to the level of 1482 is possible)
Good opportunity to sell GOLD Hello Traders!
Gold is near resistance level 1516 and this is a good chance to open short to support level 1492.
