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Gold-short

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
GOLD ANALYSIS- UPDATEDon't forget to hit like and leave comment down below! 👍 Hello traders! Here is my update on Gold from yesterday. As you know I was waiting for a re-test, which happened as you can see on the chart. This is a great opportunity to enter a short trade and catch some pips! If you want further analysis please visit my previous analysis linked down below. 📈📉Trends: ⏳ Weekly- bearish ⌛️ Daily- bearish 🟣 Purple zone - Weekly key level 🔵 Blue zone - Daily key level Trade will be taken only if all conditions were met. Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨‍👩‍👧‍👦 Have a wonderful and profitable day! ❤️ - ProfitalzTrading
OANDA:XAUUSDShort
by profitalztrading
5
GOLD touches the strong RESISTANCE zone and FALLThe price movement is in line with my latest forecasts. Let me remind you exactly how this movement develops. First, the price dropped to the support zone, breaking through the level and at that point turned around for a new growth. After that, for some time she moved within the zone. In the end, the price started a clear movement, rose from the support zone at 1771.16, broke through the support level at 1800.37 and continued to rise. Now the price is still growing. And I expect that first thing it will come to the strong resistance zone 1832.20 This zone is formed by the resistance lines of August and June 2020. And from this point, I expect the beginning of a new pod. So my final goal is 1800.37 support level. 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
2
GOLD touches strong RESISTANCE zone and FALLThe price movement is in line with my latest forecasts. Let me remind you exactly how this movement develops. First, the price dropped to the support zone, breaking through the level and at that point turned around for a new growth. After that, for some time she moved within the zone. In the end, the price started a clear movement, rose from the support zone at 1771.16, broke through the support level at 1800.37 and continued to rise. Now the price is still growing. And I expect that first thing it will come to the strong resistance zone 1832.20 This zone is formed by the resistance lines of August and June 2020. And from this point, I expect the beginning of a new pod. So my final goal is 1800.37 support level. 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
24
GOLD New correction. Next - FALLAs in the case with the previous pair, after the gold came to the point 1818.41 it stopped at the position and the last days it has been moving without obvious deviations in the direction of growth or decline. The price consolidated at the resistance line. Started falling to the support line and got stuck. I suppose that now the price will reverse in order to work out the correction and once again the resistance line will be closed at the point 1838.93. Then it will fall to the support call 1798.58. We wait for the price to rise to the resistance line and then open a sell trade. 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
13
GOLD +240p profit! Continues to fallGold has worked out perfectly for my 10 forecasts in a row! First, the price touched the resistance line - August 2020. Then she fixed herself on the line with two touches. And yesterday it fell from the resistance line, having already brought us 250 p of profit! Now the price continues to fall and I extend my yesterday's forecast. Namely, I expect the price to complete the fall from the strong resistance line, break through the 1798.58 support level and eventually come to the 1794.80 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
62