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Gold-short

GOLD comes to resistance zone/ FallGold has advanced on my target that I outlined yesterday. After the price broke the resistance of 1859.06 in mid-December, gold left the falling channel. It rose to the top of 1959.95 and collapsed. During the fall, the price was able to break through two resistance lines. The line of September around 1859.06 and the line of 2019 1850.04. The other day the price touched the support 1824.61 (the upper line of the falling channel) and started a new growth. I am looking forward to the next price movement. First, it will break through the line 1850.04 and come to the resistance zone. Secondly, it will fall and come to the support line. The target is 1812.31. --------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDShort
by DeGRAM
8
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price. My approach will be a sell here at current price 1908 Potential downside target 1886 Maintain stop loss around 1924 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
OANDA:XAUUSDShort
by Professor_GS
1
GOLD Came to RESISTANCE. Next - FALL.Gold started to fall from the resistance line. Let me remind you that this is the first step of my forecast since the beginning of this week. And this step has already brought us at least 170 pips of profit. Now the price starts working on the second step. Namely, Gold, having come to the resistance line 1951.71, from which yesterday we opened a sell deal, began to fall. Although the price is still at the SL border, I continue to expect a fall. Let me remind that both of these lines are the boundaries of the rising channel, formed in November 2020. During the growth in this channel, the price has already managed to break through the strong support line, which has been defining a downtrend since August. Now the price is at the upper border of the channel, the resistance line. It has been moving along the line for the last 24 hours, having well fixed itself on it. And today it has obviously begun to fall. And now I expect the price to continue falling and come to the support line of 1907.12. 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
96
HUGE SELL opportunity For GOLD !! 400 PIPS I have marked out the phycological stages which GOLD has reacted to well over time along with Keys stages following the graph to the beginning of COVID . there is a HUGE SELL opportunity for gold right now we are going through some consolidation after the rally over Christmas. For the trade we are looking for a reversal pattern along side Bearish candlesticks patterns such as a shooting star , and Three black crows and Evening Stars . this will give us a clean confirmation. Entry will be best at the top of the box or wait for the retest to Enter just before the big movement. in my chart all key stages and near by phycological stages are marked . For the fundamental side we are looking for some over all good about the USD or the EUR this will assist the movement to the downside! OANDA:XAUUSD CURRENCYCOM:GOLD happy to hear your views and opinions thank you!
TVC:GOLDShort
by TinotendaM
2
GOLD touch RESISTANCE and FALL So, the most important thing that happened to the price over the last week was the breakout of the strong support line - at that moment of resistance - that was defining the downtrend in gold since August. Let me remind you that during all this time the price made only one false breakout of this line during the US elections. On December 30, the price touched this line at the point 1895.73. It made a slight rollback and in the new year broke through the line and immediately went into strong growth. Thus, breaking the downtrend. This growth also takes place within the upward channel, which was formed at the end of November, when the price bounced off the support line 1765.29 and began to rise. And right now the price is near the upper border of this channel - the resistance line. Therefore, the first thing I expect from the price is that it will complete the growth and touch the resistance at 1946.01. Then it will turn around and start falling. During the fall, the price will come to the support line. So I expect a target of 1904.75. 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
53
GOLD BREAK support line and FALLSo, the price continues to move in an upward channel, which formed in late November - early December after the price broke through the support line 1806.93. After the breakout, it touched support 1768.05 and started to rise. As a result, this line of support became the lower border of the channel. Last week, the price touched it at point 1858.13 and started to rally, but the growth was interrupted in the middle of the channel when the price came to the resistance line 1900.47. This line has existed since August 2020 and, as you remember, it was exactly the basis of the global downtrend. And this time the price also collapsed from this line. Now the price is within the support line 1871.32, but this time I am sure it will break through it. Since the resistance line from which the price falls is older and stronger than this support line. Thus, I expect the price to break through the 1875.07 support line, after which it will correct and consolidate on it in the area of ​​1881.23. In this case, you can open a sell trade either immediately after the line breaks out or after waiting for a correction. As a result, the price will fall to the support line at 1841.58. 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
44
GOLD start FALLING from strong RESISTANCE lineSince August, the price growth has been stopped by a strong resistance line. It is also trending - it directs the price in a downtrend. During the fall at the end of November, the price came to the support line 1803.05, broke through it, and then returned to the line. A small ascending channel originates from the breakout low of 1766.14, in which the price has been moving since the first days of December. The price broke it only once, in the middle of the month, going beyond the resistance line. Otherwise, the pair continues to grow in the channel. Last week, during the movement, the price just dropped to the lower border of the channel, the support line 1857.54. Where it pushed off and started a new rise to resistance. It is not only close to the upper border of the channel, but also from the resistance line formed in August. I expect the price to begin with a correction to the support line, touching it in the 1878.27 region. After which it will turn off and grow to the resistance of 1904.24. And then it will leave the canal and fall to the support line 1844.30. This will be our goal. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
OANDA:XAUUSDShort
by Lingrid
52
GOLD 530 p. in last week - done! Next goal - FALLINGLast week we made 530 pips on this pair! Last few predictions to remind you of price movement: December 16 December 17 December 18 Let me remind you that during the week we talked about the fact that the price should break through the support line and come to the resistance line - 1914.40. And the first part of the forecast has already come true. The price really broke through the point - 186308, and I still expect it to rise to resistance. However, you can see that the price has almost touched the most important target, so I'm going to adjust the forecast and point to our next target. I expect that after the price hits the resistance line at 1914.40, it will push off and start falling. Despite the strong growth, I do not think that the price will be able to break the line. Since since its inception in August, the price has touched it twice and both times after that fell to support. And now I expect that after touching the resistance line, the price will fall to the support line. Thus, our final target is the support line at 1846.95. 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