Don't forget to hit like and leave comment down below! 👍 Hello traders! Here are my thoughts on Gold. I would like to share opportunity I found on the 4h timeframe. This is a simple break and re-test trend following strategy. Please wait for re-test before entering this trade. 📈📉Trends: ⏳ Weekly- Bearish ⌛️ Daily- Bearish 🟣 Purple zone - Weekly key...
In my other post, I showed how sometimes charts 'choose' a trend for a distance. Nested in this possible developing 30 min trend, is a 5min trend. This may be one to watch. Now could be late to enter long on Gold. At the floor of support was much safer for a tight stop. Disclaimers : This is not advice or encouragement to trade securities on live...
See guys and take care of the uptrend incoming
gold is rising along an ascending trend line with support at 1932 and resistance 1976
Hi Trader's ♥ In This Chart We Explain Direction For XAU/USD And Opportunity Follow Chart And For Any Questions Text Comment ♥ Time Frame : 4 Hour's Vision : Long ( Buy) After Break Out Trend + Area Reasons To Enter Buy : -- Resistance Area Break Out -- POC Line Break Out -- Key Level -- Trend Area Break Out Target : 250 - 500 Pips Stop Lose : 200 Pips
In this chart, according to the descending channel, we see the channel reach the border of $ 1900. Due to the discharge of purchases in the RSI oscillator, we can have the next wave of a real divergence + RD, so according to the homogeneity pattern, it can fall to $ 1800-1770 and again. Go back up
Depending on your strategy if you took this trade you could of banked +176 PIPS from TP1 + 2 + 3 or still be holding your trade and running at circa 11% gain based off 1% account risk. OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to...
$GOLD CHART Welcome Traders >> We Have Here Opportunity And Direction For $GOLD ! Frame : Daily ! ! Tools Details On Chart ! ♣️ Down Trend Line ♣️ Channel ♣️ Support Area 📚 Vision 📚 🔷 BUY >> When The Price Break Out Up The Channel + Trend 🔷 Sell >> When The Price Break Out Down The Channel And Support Area !! Please Take care Trading Is Very Risk Don't...
Gold looks like it will break out of this symmetrical triangle formation, moving to $2100.
Next week may also be bearish, but I see a strong move regaining the losses of the last 2 weeks coming soon.
After a rapid decline at the beginning of the week, the price managed to stabilize and return to $1950 level. However, this rise does not seem to have the strength to continue. The most likely scenario at the moment here is to see at least a test of the previous bottom, and very likely a breakthrough. The support levels are: 1907 1880 1850 Lowering the price to...
Gold ( XAUUSD ) touched all time highs 1983 earlier today, respecting support lines to the upside. Can GOLD push higher than this? Weakness in the dollar shows promise for the yellow metal going into the weekend. Trade responsibly. Trading forex and precious metals involves risk. Never risk more than you're willing to lose.
good long position, with a cracking 4.6R profit ratio. If Gold gets to 1800 before a deep pull back, should give enough time for Condor Gold small cap to break the current trend channel.
this is to be confirmed as seen after a break of structure now we need to wait for the pull back to be confirmed this is looking really clean for more downside at this moment in time but again just be open for price to still move higher and watch how price moves before jumping into a trade what do you guys think with gold ? bullish or bearish ???