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Gold-trading

DeGRAM | GOLD consolidation Although gold has exited the channel, there is no confirmation that the instrument has changed its trend to a downtrend. If we traverse the channel, then we see horizontal accumulation, range, a clear lower border (3 touches). The trend is upward, the global key point has not been reached, it is possible that large players do not have enough energy and it is necessary to accumulate it before the distribution and achievement of the goal. For now, I'm sticking with long formations. I expect growth from 1855 to the border of the canal. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDLong
by DeGRAM
1
POSSIBLE DOWNSIDE RETRACE & NEW LONG TARGET on XAUUSDAs per analysts the daily descending channel has been broken out to the upside and price has entered the new parallel channel. Price stopped growing after approaching to the new channel’s middle line which acts like a resistance level sometimes. CCI is in the overbought area and shows a negative regular divergence: although price has risen, CCI is making lower highs. RSI is in over 70 and ready for short down move. The experts expect a pull back and a downside retrace for price around 1820-1850 and then a rise from that level around 1950-1960.
TVC:GOLDShort
by legacyFXofficial
GOLD (XAU/USD) – Week 19 – Targeting the trendline.In our previous outlook, we correctly forecasted that Gold will continue to rise. For this week, we are expecting a corrective price drop towards the “small block” that could be the trigger for further bullish momentum. The price is expected to rise towards the Daily Trendline highlighted on our chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move. 🌍Website: www.finflagship.com 👉 Youtube Channel: www.youtube.com
FX_IDC:XAUUSDShort
by financialflagship
14
Trading can be lonely... What do you think...???Although not exactly education - I thought it would be different to ask rather than just post. As a trader of 21 years, I have gone through various ups and downs. Emotions, stress, pain and success. I thought it would be interesting to ask the question, it doesn't matter if you have traded 40 years, started due to Covid or been learning. The only competition in trading is with yourself! (and of course your emotions) With global lockdowns, it's possible trading has been even more singular than usual. So I am asking if you want to share your stories, what you like & dislike about trading. Strategies, mentors, tips you might have learned. Even why and when you started! Why do you trade? What do you want from trading? are you getting it? what's missing? what's working? Hope you are all having a good weekend! Post comments/stories below. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITSTAMP:ETHUSDEducation
by Mayfair_Ventures
142
GOLD (XAU/USD) – Week 7 - November lows Incoming pt. 6In our last week forecast, the Gold price moved in the way we predicted and increased correctively with $55 before the bears started to dominate the market in the end of the week. For this week we expect the price to get into a deeper sideways move before continuing its way to our $1760 target. We recommend you to be patient and look for your sell setups without over-leveraging your positions. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
FX_IDC:XAUUSDShort
by financialflagship