xauusd: long buy at 1700 sl:1684 tp:1787 please, manage risk. and check the indicators. peace.
One formula to conclude my view ->>> From an hourly chart 's perspective Inverse head and shoulder + build-ups at the previous resistance + symmetric triangle = Another bullish upward move It will happen in less than 2 weeks , lets see GOLD is KING.😎
And the scenario is confirmed BULLISH. now we have to wait until the 2000, and we need to adjusto stop lost in the trend. The volume shows than this year a new bubble is being created. So need to be proud once we arrived near 2000, to go SHORT.
Gold intraday set up LONG. Selling at red lines and buying at blue lines. Bigger picture ;
Shall see if volatility picks up and to what side in the coming hours. Am overall bullish on gold as always. Let me know what you see.
GLD : Buy Target: $190.00 Time-frame: <28 Days Daily Wave Count: Wave 3 FibMarketWatch.com - Fibonacci Technical Analysis
Consolidation triangle support shorterm goal of 1717 while longterm upward trend plus macro economic trends of governments supporting entire economies financially should push gold higher.
Gold rejecting of key level, let's see if it can push to make new highs.
Entered at 1703. Will see how she play out this week.
Good afternoon traders Gold is looking like a clear long! Nothing else to it! As always, keep the risk managed!
*taken from previous chart Breakout heading towards top RES line
No trades will be taken. Drawing up possible conclusions. Potential bullish pennant?
We still have a long view on Gold despite the precious metal struggling to continue it's upward momentum above multi year highs above $1700. This is due to the continued uncertainty surrounding the virus and global equity markets even with their rebound as a result of QE and rate cuts. Our long term target is still for Gold to surpass all time highs and challenge...
My bias has changed, a lot of refuse on this zone, let's try with some longs. NOT A FINANCIAL ADVISE!
Everything explained in the video. Enjoy
GOLD is showing strong momentum to keep absolutely to in portfolio