Gold is forming Head and shoulder patternGold is forming head and shoulders patterns. I believe the price of gold will drop to reach 1542.5 as shown in the above chart. The pattern completed all its formation process as shown in this blog . The setup for this trade is as below:
Sell price = 1568.1
Take profit = 1542.5
Stop-loss = 1577.3
Good luck for you all :)
Gold-trading
GOLD LONGGOLD
TIMEFRAME : DAILY
My analysis on GOLD goes the following. GOLD is currently sitting at 1515 which is a t a very strong resistance. I expect GOLD to reject 2515 and fall to create a H,L before creating new H,H. MY long term analysis does show me 1610 area and I do expect GOLD to reach the 2019 YEARLY highs by the end of January. We are currently shorting GOLD till 1492, and this might be the last dip before GOLD creates that H,H. Please remember to use proper risk management, and ENJOY your holidays. #MARKETCONTROLLER2020
another Deep Crab The projected developing Deep Crab completed almost at the exact price forecasted.
Intra-day this pattern looks interesting. Clusters at 1456 and 1463 indicate these as ideal targets.
Make sure you give the chart a like and dont forget to leave a comment
Good luck to all trading gold
God bless
Interesting set-up on Gold.Hello Dear friends,
We just saw this high risk/reward opportunity for Gold.
After consolidating for a while, our team think that the bears will take the price over. But you can never know 100% what the market does, that is why we keep our risk-management strict.
Trade well and always protect capital!
Have a good week!
XAUUSD priority-sales.After the night correction, the price made a turn on the border of the trend line. I will open short positions from the zone of imbalance, because-the global trend has not changed, I see a reversal on M15 in the direction of a downward movement, large participants are gaining positions to sell.
XAUUSD - possible correction.The price is in the zone of imbalance and in the preliminary trading session I observe the accumulation of buy orders. Therefore-I will open a long position if the price forms the first impulsive level in the opposite direction. The ratio of profit\loss - 5\1.
PS about moving impulsive levels, I wrote in my training
Gold posts a double-topGold has posted a double top on the longer term time frame and displayed bearish price action. We are awaiting a pullback to 1518 area before expecting a further move to the downside to at least trend line support. As the US/China trade war seems to be calming down, and therefore expect risk-off assets i.e. gold to pull back.
LTC/BTC long scalpADA/BTC long scalp
falling wedge
MACD oversold curling upwards **already crossed bullish**
.618 area hit for downtrend and bounced
looking for a pullback but unsure of bullish trend continuation.
-CryptoSuf
The lions Den