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Gold-short

GOLD the long awaited FALL has begunWe continue to watch the movement of the gold price, which has finally moved noticeably over the past week! Let me remind you that we are talking about the fall last week, after the price came to the resistance of 1748.07. However, during this entire time, the gold moved along the line. Since Tuesday, I have extended the forecast for the fall. The price started moving on Wednesday. Yesterday it finally unhooked from the resistance line and dropped several points. I am confident that after gold broke through the resistance of 1773.86 in February, the price will remain in the general downtrend that has been going on since August last year. It will bounce off the 1740.41 resistance line and fall at the 1672.60 support line. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
4
GOLD the long awaited FALL has begunWe continue to watch the movement of the gold price, which has finally moved noticeably over the past week! Let me remind you that we are talking about the fall last week, after the price came to the resistance of 1748.07. However, during this entire time, the gold moved along the line. Since Tuesday, I have extended the forecast for the fall. The price started moving on Wednesday. Yesterday it finally unhooked from the resistance line and dropped several points. I am confident that after gold broke through the resistance of 1773.86 in February, the price will remain in the general downtrend that has been going on since August last year. It will bounce off the 1740.41 resistance line and fall at the 1672.60 support line. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
28
GOLD two reasons to FALLWe continue to observe the formation of a fall in the price of gold. Let me remind you that yesterday we expected that the gold will reverse from the resistance line 1751.13 and begin to fall. And so it happened. The fall began for several reasons. Firstly, this resistance line is very strong - it has existed since August a year has passed and, despite the breakdown that occurred in December-February, it often reversed the price. Secondly, this time the price is well entrenched on the line - at least two touches can be observed. Now I expect that, having fixed on the line, the price will continue to fall and, as a result, will come to the support line. Thus, my final target is the support line 1653.98. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
11
GOLD two reasons to FALLWe continue to observe the formation of a fall in the price of gold. Let me remind you that yesterday we expected that the gold will reverse from the resistance line 1751.13 and begin to fall. And so it happened. The fall began for several reasons. Firstly, this resistance line is very strong - it has existed since August a year has passed and, despite the breakdown that occurred in December-February, it often reversed the price. Secondly, this time the price is well entrenched on the line - at least two touches can be observed. Now I expect that, having fixed on the line, the price will continue to fall and, as a result, will come to the support line. Thus, my final target is the support line 1653.98. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
29
GOLD updating the forecast. Next - FALLINGThe price continues to be in the support-resistance zone 1737.07. From this point, she has two options for movement. We talked about the first option yesterday - this is a rise to resistance and only then a fall. Today we will consider the second variant of the price movement. Since the zone is quite strong - both of its lines, both support and resistance, formed last summer, we can assume that the price will reverse from the upper line of the zone - the resistance line of 1739.72. Then it will be able to break through the support line 1728.22. After the breakdown of this line, the price will work out the correction and fix on it at the point 1715.60, and only then will it continue to fall. During the fall, the price will come to the support line 1654.95. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
12
GOLD updating the forecast. Next - FALLINGThe price continues to be in the support-resistance zone 1737.07. From this point, she has two options for movement. We talked about the first option yesterday - this is a rise to resistance and only then a fall. Today we will consider the second variant of the price movement. Since the zone is quite strong - both of its lines, both support and resistance, formed last summer, we can assume that the price will reverse from the upper line of the zone - the resistance line of 1739.72. Then it will be able to break through the support line 1728.22. After the breakdown of this line, the price will work out the correction and fix on it at the point 1715.60, and only then will it continue to fall. During the fall, the price will come to the support line 1654.95. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
18
GOLD GROWTH to resistance and FALL. When start sell?The gold price is in an important position - in the correction zone formed by two support and resistance lines. This zone appeared within a long-term downtrend channel that has existed since summer 2020. Let me remind you that after a strong fall at the end of February, the price came to the support line 1675.40 - the lower border of the downtrend. The price bounced off this line and came to the support line at 1738.30. However, she could not immediately break through it and worked out the rollback. After a rollback, the price returned to the line and on the second attempt was still able to break through it at point 1731.01. And recently it has been in the zone between this support line and the resistance line. I expect the price to rise, break through the resistance line at 1746.50 and come to the resistance zone from 1797.38, where the trendline and the historically strong level cross. As soon as the price touches this point, we can start a sell trade. I expect the price to fall from the resistance zone and return to the support line at 1689.98. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
11
GOLD past forecast valid / FallThe price is still in the resistance zone. I am extending the forecast with this in mind. After last week the price came to the resistance of 1733.98, it stopped. My previous forecast is still valid. Last week the price bounced off the support (zone + knaal line) 1679.82. Then it rose to the resistance of 1733.98 (July 2020). I continue to expect a drop from resistance to support. The target is 1680.72. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAUUSDShort
by DeGRAM
2
GOLD past forecast valid / FallThe price is still in the resistance zone. I am extending the forecast with this in mind. After last week the price came to the resistance of 1733.98, it stopped. My previous forecast is still valid. Last week the price bounced off the support (zone + channel line) 1679.82. Then it rose to the resistance of 1733.98 (July 2020). I continue to expect a drop from resistance to support. The target is 1680.72. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAUUSDShort
by DeGRAM
6
GOLD forecast update / FallThe price returned to the resistance line 1728.59. Having reached the first goal of my last forecast. And now I am updating the idea. The price will not continue to rise, but will go down to support. After the price has risen to the resistance of 1728.59, I am waiting for a reversal. This line is July 2020. I expect the price to fall from resistance to the support zone. target - 1678.94. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAUUSDShort
by DeGRAM
GOLD forecast update / FallThe price returned to the resistance line 1728.59. Having reached the first goal of my last forecast. And now I am updating the idea. The price will not continue to rise, but will go down to support. After the price has risen to the resistance of 1728.59, I am waiting for a reversal. This line is July 2020. I expect the price to fall from resistance to the support zone. target - 1678.94. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAUUSDShort
by DeGRAM
6
GOLD good position to open a SELL TRADEGold price, which started to rise last week from support zone 1683.09. On Friday, it stopped at the resistance line 1735.13, after which it rolled back and returned to the line at the point 1730.63. This resistance line formed last August in the middle of a major downtrend in which price is moving. At this line, the price has repeatedly made corrections and sometimes changed the direction of movement. So now, after the price has settled so well on the line, I expect it to fall again. And this is a great position to open a sell trade! I never tire of reminding you of the importance of SL - Look for it above the resistance line around 1747.23. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
3
GOLD: fall or correction?The price worked out the correction in the support zone 1711.66. It initially came to this zone after the growth from the support at 1689.45 (intersection of the trend line and the channel). From the upper border of the zone) 1749.57), the price corrected to the lower one (1711.66) and we can expect that it will continue to fall to the lower border of the downtrend 1682.65. SL - 1762.68. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
OANDA:XAUUSDShort
by UnknownUnicorn15614419
7