Gold On the Strong line RejectionAs you see on chart. I have opinion on Gold. I think will grow up.
Sometimes need long long time get 1900 as resistance.
There is failed pattern to create HnS and 3 times rejection price.
Now find DXY below.
What do you think? I think DXY will faling down from resistance and make gold raise in the future.
If you have any idea. write comment below. glad to hear that
Goldanalaysis
GOLD BEST BUYING ZONEAs i can see gold id trading above 1850 strong support zone which is a best entry for buying tin 2021 there is 2 major more support zone @ 1830 and @1800 till
design levels fundamentally Stimulus deal is support DXY but till how far,,, printing more money is not good for economy and its just starting of 2021
we are buying gold for each low on 2021 soon incoming days we expect some great bull moves so dont miss the train use proper money managements
And dont forget to support our idea push like and comments
follow us for more updates
XAUUSD (GOLD) BUY MORE FROM SUPPORTAs we can see Gold Global Trend is highly bullish and now it has broken two important resistance zone which become support now
in our previous analysis we had booked huge profit on gold more then 600+ pips and now we are still buying gold till US Index touch monthly and yearly support zone
near @ 88.50 so we are holding this shiny metal for long till design new TP with revised SL
those who missed the train can join the rally and dont forget to push like and comment
Follow us for more updates to stay update
Gold Crash next to follow oilThis is a massive Bearish pattern. Gold can rally higher from here to 1740 ( we have stop at 1750) or it can break from here. But there is nothing Bullish about this, Banks positions are 90% long on Gold, as also retail traders who believe all news out there of gold rallying to 2000, 3000 this year which will make gold do a massive dump to margin call all this people buying Gold Non-stop. Do not forget gold is the most manipulated metal in the game right now so dont believe what the charts tell you when you see a possible continuation of a big trend comming.
I've opened a sell at 1732, Stop loss 1750, first tp 1620.
Then I will keep selling at retracments/ possible future accumulation zones of the Price.
Think the dump will be to 1300, maybe 900 till end of the year.