An impulse in the breakdown of resistance after consolidation. I'm waiting for the price to rise, because gold in the long zone, trading above the resistance level. Target - 1859 Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
In this trade idea I am going to be speaking about the Gold buys. What we can see is that gold has respected a level of support and is showing signs it may be moving to the upside. I also would like gold to started creating bullish price action in the form of Higher highs and higher lows it is also need to break above 1830 in order to show it has broken a massive...
Hey Guys, according to my Elliot-Wave Count Gold is in a bullish Cycle. I'm confident that Wave 2's correction is over since every possible Parameter in Time and Length of each wave fits perfectly with my Bias. Therefore I doubt we will see the 179x Zone again or any more deeper downside. I engaged my Long at 1793. If we are in inner wave 1 now we should see a...
GOLD - Classic bullish pattern - Our team expects growth SUGGESTED TRADE: Swing Trade Long GOLD Entry Level - 1804.35 Sl - 1785.68 Tp - 1832.32 Our Risk - 1% Start protection of your profits from lower levels Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
After the correction, gold returned to the long zone for the level. There is an opportunity to take a long position. I am waiting for the rise to resistance. My target is level 1845 Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Hey Guys, everything relevant is attached on the Chart. Check it out, let me know what you think. Greetings, Raffa
GOLD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GOLD Entry - 1812.75 Stop Loss - 1799.71 Take Profit - 1832.32 Our Risk - 1% Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
And so, as we see today, the price of gold broke through the intersection of strong resistances and corrected back, either for consolidation, or it will fall further, that is, it will make a false breakdown. I assume growth. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
After breaking through the resistance, the price rolls back to support. I expect consolidation at the level and continued growth to the resistance of 1845 Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Hey Guys, out latest Forecast played out perfectly where we reached out first target of 1831 points. I expect the bullish momentum to continue before we see a serious sell-off on this pair. That said I am expecting 1851 within the next 2 Sessions. Take care & good luck! Raffa
And so, gold breaks through strong levels with an impulse, which indicates a likely continuation of the movement. Brought out the feet. I look forward to a pullback, after which growth to resistance. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
The gold price has broken through a strong resistance level after consolidating below the level. It is possible to speak about a false breakout only after the fact, now the price is in the buy zone. My target, to which I expect to rise, is the local resistance level of 1873 Traders, if you like this idea or have your own opinion about it, write in the comments. I...
Hey Folks, As you can see from my chart, I use the EW-theory to forecast. In the case of gold, I assume that the correction has ended after the sharp rise of the last few days. This is an extended flat correction in which the required parameters have been perfectly confirmed. In fact, I assumed such a correction in advance because the momentum was heavily on the...
US inflation continues to rise as illustrated today with the Core Inflation Rate YoY (Jun) coming in at 4.5% actual vs 4% forecast and the Inflation Rate YoY (Jun) in 5.4% actual vs 4.9% forecast. However, whilst there is no major shift in FED monetary policy we see Gold continuing to move higher in particular with renewed concerns surrounding the coronavirus with...
Gold has formed a sideway structure in past days and the best area for buyers is 1794 -1 796 , Take Profit 1 : 1815 and Take Profit 2 : 1825 your stoploss should be 1788 - 1790
What I am expecting for this upcoming week is the following regarding Gold: Technicals: (Buys) - Potential re-test of 1803 KPL where if price fails to break I will be executing HRHR (High Risk/ High Rewards) Buys to push up towards previous highs at 1812.500 . Being 1803 an AOI (Area of Interest) I will only watch live price action at 1803 on the 1-minute...
GOLD - Classic bullish setup - Our team expects growth SUGGESTED TRADE: Swing Trade Long GOLD Entry Point - 1791.54 Sl - 1747.54 Tp - 1857.63 Our Risk - 1% Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
Gold price has broken 3 times the 1890$ price barrier, but it never fell below the 1680$ resistance level. At the beggining of june, the price fell dramatically to 1770$, and now it is slowly going up again, forming an ascending triangle. This bullish trend is also sustained by the RSI indicator which is at around 50 points, and still going up. So, I think that...