GOLD is in signficant resistacne levelHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
Goldforcast
GOLD top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
GOLD UPDATEXAUUSD GOLD although market has been very bearish recently breaking below the support of this longterm descending triangle, now market has clearly formed this massive double bottom on the daily timeframe rejecting the move down quite massively, im expecting to see soon a break back above resistance expecially with the very bearish USD and flip it once again support, then if this happens we can possibly look for the continuation to the upside.
XAUUSD Forecasts!!! WOW!!Gold is looking very Nice!! POR POI area has been hit for me. Gold has been making lower lows and lower highs. The probability the monthly and Daily imb above @
$1770 - $1815 getting filled is highly likely. I will look for short term trade to this area. Remember this is the daily chart. This will happen over the next couple days or weeks. I think PA we could see up movement and I will wait for my key Areas to get hit on the lower times. I will then wait to see how PA react to those specific areas before entering short. If I see a nice continuation pattern around the Asian ranges for long I will enter that too the $1780 above. There is some IMB around the $1900 level which could be a nice long term trade. Follow us for more updates EQ
XAUUSD (GOLD) BUY from key level hello friends as u can see our previous entry on gold from 1680 area and we are still holding those entries with revised @SL for long term
Gold has closed on Friday above 1720 levels which had already achieved our TP1 on previous analysis now gold best buying entry levels are near 1700- 1710
this will be a safe buy for those who had missed entry from 1680 Friends we love and appreciate ur support to the channel
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GOLD Elliot wave analysis The chart above shows two possible scenarios for GOLD, but both still point at a bullish outlook at the end, its either there is going to be another simple ABC correction downward to serve as the last wave for (y), or the market should continue growing in price to 2100 without any further correction.
Descending triangle with targets of USD 1800According to the price retracement from the USD 1966 range, as well as the 3-wave structure of triangle sides, there is a scenario that wave b ends in the 1966 range with a triangular pattern, by crossing the price from the USD 1906 range, the downtrend for the target of USD 1,800 will be confirmed.