[GOLD_3 W3 JUNE 2021]GOLD
Long Setup
👉🏻 My personal level to go long was indeed on 1760-1780 level, after witnessing yesterday's FOMC statement. What wasn't expected was for it to happen so quickly. I do not see the dollar has long term gains over the period.
💎 Dollar Cost Average will be done over levels 1780 and 1760. Anything below 1750 will be analysed further in the future. I think 1760-1780 level is a very favourable are to go long from.
❗️Not signal/financial advice. This is just my personal trade ideas. Members will be provided with specific signals in the near future.
Goldbuy
Gold Set To Resume Higher in Wave (v)Gold rose higher sharply during the last NFP and the advance can be seen as an impulse in wave i of (v).
Price has been correcting the advance and the correction has retraced about 61.8% and is taking the shape of the zigzag pattern in wave ii.
I'm looking for the breakout of the corrective channel to position in a buy trade in Gold.
What's your view on Gold?
Who else is in gold longs? 📈🙌We all love a gold trade.
Our script working on a 30M strategy says it's time for a long.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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The stats for this pair are shown below too.
Thank you.
Darren
Gold Getttng Stronger
You cannot eat Gold, you cannot drink Gold, but you can buy Gold, you can wear gold, you can show off gold, and give to your kids when u die, that's why Gold is here...
i just like to post about Gold Market sometimes because it's slow and boring, normaly when economy goes down, Gold goes up. We are in that perfect case of "Safe Heaven".
Trading parts is interesting :
- So as you can see Gold Reached 2100ish got rejected and pushed back down around 1700ish
- Gold TA is different than cryptos cuz of old market and some Pro Traders instutionals playing with big money, the pull back was exactly 38.2 Fibo Retracement ( or 61.8 it's same ).
- Gold is cloturing May with a strong green candle.
- Next Month Candle will be very interesting to look at, if we get one more month of Green it could confirm a strong bullish market and eventually a break down in Economy.
- if the timeline is respected we could see Gold Reach 2300-2500$ before the end of 2022.
i will post some older Gold Analyses following this chart. Feel free to comment!
Happy Tr4Ding !
GOLD to 1960 soon ????Gold is still holding a very strong bullish structure . creating higher highs lower lows.
A break and retest of the last resistance would be good to buy with larget 1960.
First week of june can be a retracement to grab liquidity and after to form another monthly bullish candel with wick in downside.
If trend is bullish i will look only for buy opportunities , trend is your friend
[GLD W1 Jun 2021]GOLD
Long Setup
Continuation trade:
👉🏻 As mentioned in my very first post here on this very bull run, price is just making series of HH and HL. We are in the middle of a Wave-3 here, which is endlessly impulsive. 2.618% level has been broken, next target is of course 3.618% with a resistance in play also at the very same level of $1965.
🤤 Members have entered last week with a very good entry, running around 0.5R now. Entry was well below 1900 ;)
Trendline was broken-Bullish scenario GOLD
The previous day candle was closed just around 1.9k double bottom formed around 1670.00 was a key reversal area for the bull
.50 Fibonacci and price action level i have marked in the chart was acted as good support for the bullish trend.The upper side
trend line was broken on May-17 and retested on May-19. 1924.00 would be a immediate resistance for the bull. The upper side target
would be 1960.00 and the extended target was 2074.00 which is ATH. 1960.00 was this year high.
GOLD FUTURES (MCX) :: BULLISHDATE: 23/5/2021
INSTRUMENT: GOLD MCX
TREND: BUY
TIME FRAME: DAY
CMP: 48404
BUY ABOVE: 48875
STOP LOSS: 48117
TGT 01: 49699
TGT 02: 49973
TGT 03: 50319
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
XAUUSD Smart money will not buy itHi there,
We are completing last bull trap on Gold downtrend cycle, after this last push on the upside, get ready for gold to have 3 months of downtrend again, as the Monthly timeframe is showing us that
Im not interested in buying gold, waiting for clear entries now for the downside.
GOLD - Bullish Opportunities !GOLD - Bullish Opportunities !
Welcome to our Trade Setups - May 19th ( GOLD ) !
BUY GOLD
ENTRY LEVEL @ 1884.01
SL @ 1822.60
TP @ 2072.90
Max Risk: 1% - 3%!
Risk/Reward Ratio: 3.08
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