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Gold-trading

XAUUSD A Killer Wave C of Corrective B?Gold sharply rose from 1804 to as high as 1914 mitigating the larger Weekly Order Block. There might be though an opportunity to sell if price misbehaves on the range 1919-1927 and a potential 4:1 RRR with a risk invalidation above 1959 targeting 1765 which was the extreme of the previous Wave (B) of last Impulsive Wave A. Disclaimer: Elliott Wave Analysis is not a perfect trading system and it is necessary to always have applied risk management and strict compliance to confirmation as well as Invalidation levels. It only has the capability of advancing potential market direction base on its printed data. Actual market data will also provide flexible variation for the wave count. Risk only base on your tolerance. #marketpainterph #elliottwave #XAUUSD #GOLD
OANDA:XAUUSDShort
by marketpainterPH
Key Levels and Market overview for the Asian session open 2/03A review of the price action from the European session and US sessions which gave us some choppy price action. Markets remain under some pressure from sellers with DAX and FTSE giving back earlier gains while the US edged lower. The USD found some sellers which supported Gold while US bond yields rallied again and Oil ranged....mixed bag really!! I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
Gold (XAUUSD): Important Decision Ahead! Your Plan: 🟡 Hey traders, Gold dropped sharply on Friday. The price has quickly reached a support line of a rising channel on a daily. Important decision is ahead! If the price breaks and closes below the support of the channel, a bearish continuation will be expected. Next support will be 1832. Alternatively, the market may start coiling on a trend line. You can look for an intraday confirmation to buy, expecting a pullback. I will post an update once I see a confirmation. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
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