GOLD BUY TRADE: GOLD BUY STOP
ENTRY @1720.72
SL: 1714.22
TP: 1759.77
RRR: 1:6
Use correct risk management
Confluences:
1) Double bottom
2) Bullish Reversal patter
3) Breakout from LTF correction with an engulfing candle with a pullback
Goldbuysetup
Gold Buy Trade SetupPorobably gold is going to break trend line to go up. in shorter TFs, it is indicating it's potential for up move. Best of Luck!
Low risk, high reward long opportunity pending on Gold Good day Tradingview,
Great possibility on XAUUSD , minimal risk, major reward - However, do remember, patience is a virtue.
As we approach NFP week, it's advised to be cautious as we would want to only go long after our desired, further push down, to 1690.00 and possibly even to the greater 1650.00 region. Additionally, fundamentals are required to tally with our technical analysis . In which case we'd seek buy limit orders, should those prices fail to reach - we would opt for market execution based on bullish confirmations and HL's. Resulting in placing of buy stops above between 1700.00 - 1750.00, and executing on pull backs all the way to the upside.
Bullish flag confirmation resting on a monthly support and demand zone ticks the boxes - Essentially, we're just awaiting fundamentals to fall into place.
Consider this trade opportunity a marathon , not a sprint . I foresee a buy bias for the future. Gold, as well as crypto will be continue to act as safe havens in these trying times of the Global economy.
Updates to follow.
GOLD Targeting 2100$+ gold can pullback down to ~1800$ but it seems preparing for another strong bounce over 2100$.
XAUUSD DAILY !!XAUUSD is on a key area, there was a break of a big daily support, then another break took place, of a smaller resistance which was to draw, This last to break with force, a pullback it is also being created, I am waiting for a good buy configuration with good volumes to take a position, gold is not for sale at the moment!
Good luck everyone, don't hesitate to subscribe to my trading view for more content!🎁
XAUUSD BuysFor the moment, we are currently seeing an accumulation of buy orders daily, if you look left, we are moving in waves from
Point A : 1850 (Strong Support)
B: 1920 (Resistance)
C: 1872 (Support)
D: 1933 (Latest resistance)
E: 1886 (Support)
If we see it breaks 1886 or 1895
wait for a breakout for the real move in the right sense of direction.
Buy falling knife; continuation of buys to 1950 POINT F!
sell continuation to the downside (breakout)
Gold Analysis 28/09/2020 -- UpdateGold broke resistance and formed a nice support on lower timeframes, this was good confirmation to take buys, with TP at the wickfill and stops below the previous candle, we secured entries at 35 pips and the runner got stopped out at breakeven. So a nice win for the night
GOLD (XAU/USD) with HUGE buy-opportunity!Hey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
GOLD (XAU/USD): Swingtrade-Preparation
Market-Buy: 1960,00
Stop-Loss: 1900,00
Target 1: 2016,00
Target 2: 2075,50
Target 3: 2108,50
Stop-Loss: 60 (600) pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Gold (XAUUSD) is set for a new HIGH I expect gold to move higher to the next target point as shown on the chart.
Invalidation level is shown.
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feel free to share comments and your ideas too
The uptrend continues! | GOLDWe are in an uptrend of all periods, and on Friday the price forms a very clear bottom.
It confirms the situation and allows for purchases.
Resistance levels:
1784
1793
1805
Gold is at its highest levels since 2012 and is close to the historic peak of 2011!
Do you expect it to reach the historic peak?
GOLD movement continues!Last week we expected the gold to continue up and reach 1751.
This morning we have reached 1758.
We expect this movement to continue, with support levels being 1749 and 1743.
From there, in case of repulsion, buy orders can be sought
Resistance levels:
1763
1780
Gold next 80% confirm probabilityAs we mentioned that and you aslo notice my previous prediction is almost hited i mention 1760 but lastweel it close at 1740 ,so the remmaning points will be Achieved this week inshallah.
This week there is a certian chance that Gold will retrace back at point 1730 then we can get the stronng buy Trade in the Flying direction at point 1760+.
XAUUSD LONGSXAUUSD gold longs taken based on my own fundies if u enjoy keep following for any help u can dm me :)
245 PIPS BUY on GOLD *REVISION* (XAUUSD)Confluence with the trendline from the 4h timeframe and the s&d zone expecting a bounce at this zone into the upside
