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Gc!1

Potential double top on the H4 Time-frame - Weekly analysis1760-65 could be the best sell zone, but there's no sign of a valid strong rejection candle yet. This week we all waiting for a robust incoming catalyst; US Flash PMI, Final GDP, Jobless claims, Bank Stress Test Results, and the US PCE The previous analysis (June 19, 2020) failed, last week Powell gave a strong reason for Bull to hold their trade over the weekend. Last week before the market closed, we tried to sell at the sketchy trendline 1743, but unfortunately, the market was open with a gap up to 1750 as I predicted. PS: This analysis fail if the H4 candle can breakout and close above 1765. Please don't trade this analysis blindly
FX_IDC:XAUUSDShort
by GoldCartel
6
GBPCHF Long Due Monthly ZoneYo Folks! GBPCHF LONG IDEA -IMPORTANT- We Trade with the MAJOR BULLISH TREND . And Monthly Zone represent a PLACE OF LIMIT ORDERS! 1- Next Weekly Zone will be near Monthly Zone 2- Price Comming to Monthly Zone 3- We have Strong Demand Level Since Monthly Zones are very strong our main idea of going LOND based on it. Also next Weekly Zone Will be at the same level and Monthly which makes it more stronger Dont Forget to Follow Us on TV and TG!
Long
by UnknownUnicorn7501807
Bearish on Africa Gold minerWhy the Bearish on Gold miner? Africa is shut Down for 14 days!, all mining activity shutdown! Most Africa based miners are DOWN!! Pending follow up with more EURO shutdowns. sooo? SOOOOO, This company is up because Gold is UP, Please buy it because they think it's GOLD! EVEN So, people only buy gold due to fear of recession bets and fear of the weak dollar. But guess what? GOld will crash if we have a flash crash anyways!!! that means, we will win, if market crashes hardcore, and we would win if market continues to rally up and cancels recession fear. Win WIN AU- Short Shares IDEAL on Short entry - $24.50 Buy to cover $16.23 buy to cover Trailing stop $4
NYSE:AUShort
by WallSt007
4
GOLD Gearing up a long-term move to $2600.This is a simple macro projection using the LMACD on the 1M chart and the MA20 and MA50. It appears that Gold is reproducing the early 2000s bullish run that led to its All Time Highs of 1900 is 2011. The MA20/MA50 Golden Cross has taken place and those MA periods have never crossed paths again, giving way to a strong 2019/2020 rise. The LMACD is on the Resistance of the 2004 price fractal. Back then, Gold was supported the whole year on the 1M MA20 but upon contact, never broke. This March (2020) we almost had contact with the MA20. If we have another similar event, it will be the strongest confirmation if an upcoming hyper bullish extension to $2600 (roughly +160% from the 2015 bottom as it happened in 2004 on the 1999 bottom). Do you agree with this macro idea? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community!
FX_IDC:XAUUSDLong
by TradingShot
6
Update on XAU/USD Futures ( GC ) by ThinkingAntsOkMain items we can see on the 4HS Chart: a) The price is above a significant Support/Resistance zone b) There we saw the formation of a Triangle Pattern (ABCDE Completed) c) From a Technical Perspective, once we have a breakout of a structure like this, we should expect a new bullish movement d) Our Bullish Target is a Weekly Resistance Zone at 1900 e) Now we have a new corrective Structure ABC pattern, and the price made its first attempt to break it f) Also, we have an ascending trendline in which the price is supported. g) This is another excellent structure to develop long setups towards the next Target.
COMEX:GC1!Long
by ThinkingAntsOk