GOLD New TargetsGOLD is overbought right, but it breakout!
BUY on pullback near 1380-1370$
Sell target 1: 1480$
Sell target 2: 1580$
Stop-loss on daily close below 1350$
Enjoy!
Forex-gold
GBPNZD SHORTANALYSIS
1. Strong rejection (Always wait for confirmation till the end of Day bar)
2. Area of Resistance
3. Pin Bar (refer to pointer 1)
Good Luck!
EUR - Long it Open a long position
TP:
1.1193
1.1224
1.1277
SL:
1.1113
TL: 24-25 Jul (TimeZone on 4H. look at the chart) - 29 Jul
Gold XAU/USD ($1.4K is Support & $.145K is Resistant) View On Gold XAU/USD (27 July 2019)
We will be having the FED item in the coming week and it is very likely that a 25bps rate cute is a given.
There are 2 major regions that I want you to take note.
Support: I am expecting $1,395 to $1,400 region to act as very good support. We can't be firm on the major pullback until the previously mentioned support is broken strongly.
Resistant: I am expecting $1,425 to $1,430 region to act as a very good resistant. The gold price shall not pass the region easily. Upon the rate announcement, the price may make a quick swing up above $1,450 just to have a pullback down in the near term.
DYODD, all the best and read the disclaimer too.
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Thank You!
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DISCLAIMER:
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GOLD: One More Leg Down?
gold currently is consolidation in a narrow trading range.
most of the traders are waiting for a breakout to identify the market future direction.
I am aiming at bearish breakout of a minor structure support to sell the market
anticipating bearish continuation to 1417/1407 levels
#GOLDTime limit is specified;
Support and resistance are specified;
The price is within the pattern;
EUR - MONTHLY gravity zonesWe expect magnet power neer the black squares.
Aug 2020
Apr 2024
Dec 2024
GOLD Potential Long Trade
potential bullish gartley pattern.
D point of the pattern lies perfectly in the strong demand area.
Entry - 1392
T1 - 1403
T2 - 1414
Stop - 1380
#GOLDIn the event of failure of each of the yellow areas, you can go to the red range;
Time limit is specified;
The price is inside the triangle;
XAUUSDXAU/USD Its Ranging market 1435 and 1388 ranging zone. Now go more up then drop. so wait for candle confirmation.
Gold - Risky and Critical AreaPer to Monthly Chart, since 2 years Gold is moving within tight range between levels - 1350.00 - 1150.00 - since 2 years moving. Looks attractive for many traders to start short sell but very risky from this level because if any month closed above 1350.00 will go direct to 1430 - 1480.
So better to have more patience for selling and better to wait good chance for big correction and buy it for long term from the level 1250 - 1200 as an investment Forex Trading Strategies with a minimum risk
