we know gold love fibo 61% and fibo 161% on weekly chart , we can see fibo 61% in 1500$ area if gold break 3 angel , last low 90% can crash to 1500$(buylimit place for hold 3-4 month) for coming days strongly advice put SL in low or day low +sellstop in last 4hour low
pick buy in 1777 with sl in low (5-6 pip under low) if big news comes ,gold break low,can crash to 1700 area (need big news) so never remove SL note=fibo 161% show gold upper target is 1837-1840 gold futures net order by big banks and Funds money managers (until 1 week ago) they are ready to buy more prnt.sc
Gold continues to fall. Yesterday the price did not reach a few points to the support level and there was an attempt to reverse the price. I think that the price can gain a foothold below the level of 1771 and continue its decline until the support of 1758 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Gold continues to fall. After exiting accumulation due to increased volatility, the price tried to return to flat. Now the price is returning to retest the support level of 1771. I think that the level can be broken and we will see the price drop to 1758 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Gold in flat. The trend is downward, inside the flat the local tops are going down, I'm waiting for the breakout of support and the price drop to the level of 1771 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Friday's Black Friday introduced significant valuations also on the markets and we met with large anomalies also from the perspective of the Option flow, which we automatically analyze with our software. While we observe a strong directional movement already during the Globex session, it is not worth fighting the trend and it is much safer to try to join it...
Gold is shaking up the resistance of the global downtrend channel. After hoping that the price is starting to recover, it is driven back into the downtrend. Well, since the price made a false breakout of resistance, we can only expect a fall. I am waiting for anchoring below the level. As a result, it turns out that the local trend changes its direction to a...
Gold begins to roll back after a false breakout of the local minimum, the price goes into a flat state. I expect that some time gold will be bargained in one place. The nearest local target is the estimated resistance ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Gold after a strong fall is rolling back to the top, I think that most likely the price goes into a flat phase and will trade between the levels of 1819 and 1783 to gain strength and determine the further direction of movement. I look forward to growth to the expected upper limit. ------------------- Share your opinion in the comments and support the idea with...
The GC one hour time frame is in a short term down trend. The market is making lower lows and lower highs. The market is hitting the long term up trend line from the daily time frame which means the buyers have a strong chance to take control and push the market up. It will be a good idea to wait for the market to enter into the buy zone and break and close above...
After the price reversal candle is formed, I expect the price to rise to 1848
Gold makes a false breakout of resistance and falls with a strong impulse movement of 3.5%. Ahead is the support level of 1800, I am waiting for a pullback to resistance, a rise in energy, a decline in price with a breakdown of 1800 and reaching support 1784 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Today we will share a pending setup we have on XAUUSD Whenever the price has made content with the major support level around 1680, we have observed bullish impulses towards the following resistance levels. The extension of those impulses varies; however, the minimum distance was the last impulse (minor resistance zone). With that said, we expect a bullish...
Gold has retreated from highs in the mid 1800's to support at 1836. This was a level we had been identifying for the past few reports. We are starting to see two green triangles forming confirming support. Gold had held the range between 1851 and 1876 for the past few days, and a breakout either way was imminent. The Kovach OBV has turned bearish, which was a...
Today gold broke above important resistance level at 1835 USD and reached temporary high at 1868.626 USD per ounce. Breakout above 1835 USD resistance is particularly bullish development for gold as we noted in our previous ideas. We anticipated this move for a while now; and we stated that once this resistance level was taken out, then resumption of an uptrend in...
Gold is in an uptrend, but the weekly forecast suggests a correction towards long-range support. I'm waiting for the price to exit the ascending channel with consolidation and the price drop to the local support level of 1818.8 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Gold breaks out the descending channel and is in the long zone relative to the previously broken level. The price starts to roll back to the level, it is important that the price does not return to the trend boundaries. Important level - 1830. Strong support. I expect the price to test this level and consolidate above this level. The main target for this scenario...
Gold is entering a correction phase. I am waiting for the price to go below the level of 1856, to consolidate below it and begin to fall to the support level - the upper border of the range. Key Point - 1839 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!