Gold to range? If gold were to range in between the buy and sell zone then you could potentially go much lower than 1680
I will wait to see what the reaction is to the upside next week.
If the reaction is impulsive towards 1760 then it's positive for gold.
If the reaction is more corrective and slower towards 1760...then possibly another massive drop to the 1670 area for retest/double bottom or break through to 1500 levels... Will be risking low... Could be a blood bath with stocks and a knock on effect on gold.
All ideas are speculative and not trading signals. Follow at your own risk.. And please leave a like if you've seen my previous forecast on gold and how they've played out.
Goldideas
Gold Broke out the down trend on the one hour! 4 hour!What's up guys! Always been a gold lover, have a ton of it, love that you can wear it, stock up on it and will always have value unless it crashes which i highly doubt; Yes we have been on a down trend for a little while with an inverted cup and handle!
Beautiful, Cup and Handle formed on the weekly and we have broke out the down trend!
We are expected to see some new ATH on Gold very soon!
Get ready baby and buy some gold now, get chains, grills(lol), bracelets, rings, etc.. it's time to do it before we break out crazy!
MACD , HISTOGRAM, AND RSI LOOK AMAZING! 1 day and one hour as well!
GOLD (XAUUSD) TIME TO BUY NOWHELLO FRIENDS HOPE SO UR WAS ENJOYING GREAT PROFITS ON OUR GIVEN PREVIOUS ANALYSIS FOR GOLD SELL
NOW TIME COMES AND WE ARE STARING BUY THE GOLD FROM THIS LEVEL AS WE CAN SEE ALSO FUNDAMENTALLY + TECHNICALLY GOLD IS
@ SPOT FOR GOOD BUYING AREA WITH A SMALL RISK AND LOOKING FOR HIGHER REWARDS
US 1.9 TRILLION $ RELIEF PACKAGE FOR COVID-19 US HAS PASSED THE BILL WHICH MEANS MORE PRINTING MONEY IN FUTURE
AND THIS IS NOT FOR GOOD ECONOMY IN FUTURE ALSO GOLD TECHNICALLY HAS TESTED A STRONG SUPPORT AND HOLD LEVEL ABOVE 1700$
IS A GREAT SIGN THAT BULLS ARE COMING BACK IN MARKET AND BUYING THE PRECIOUS METAL FROM A NEW LOW
Friends PUSH LIKE IT WILL BE A GREAT SUPPORT FOR CHANNEL
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XAUUSD (GOLD) sell from key level BIG DROP COMING Hello friends as i can see gold is fail to hold above 1800 levels as investors are still having hope on Stimulus Package
and that can help to recover $ for a short term
Rising real yields have dirtied the yellow metal’s luster
Gold fails to follow increasingly bullish bets on inflation
Inflation-adjusted gold prices near historical highs,
Real yields – nominal bond yields minus the breakeven inflation outlook – have risen as investors price in a $1.9 trillion Covid relief package.
While the proposed stimulus has bolstered inflation bets, it appears to have propelled sentiment surrounding an economic rebound relatively further.
Hence the pace at which we have seen real yields rise as investors ditch government bonds.
so we will caught this incoming move for gold technically + fundamentally
its 1k+ pips trade with a very small risk against our rewards Friends Push like and comments
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Friends if gold hold above 1800 level then this setup u can follow which i had attach in Comments
GOLD BUY FROM KEY ZONEHELLO FRIEND CONGRATULATIONS WHO HAD FOLLOW OUR PREVIOUS ANALYSIS ON GOLD AS WE SAID IT WILL DROP AND NOW ITS RUNNING
PROFITS PREVIOUS ANALYSIS IS ATTACH IN COMMENTS SESSION FRIENDS NOW AS I CAN SEE GOLD WILL DROP MORE TILL KEY ZONE AND THEN WE WILL BUY THIS FROM KEY ZONE
WITH A LOW RISK AND HIGHER REWARDS Friends PUSH LIKE AND COMMENTS
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(GOLD) BUY ON DIPS FROM STRONG SUPPORTHI FRIENDS
As i am watching gold is finally reached given zone targets as we said in our previous analysis which i had attached in comments
Now its time to buy gold on dips with a very small risk and looking for higher rewards
Friends i had Draw a very easy chart which is showing us clear view for bulls to trade GOLD with a very low Risk
Friends push like and comments we appreciate ur likes and comments it help alote to promote the idea
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XAUUSD (GOLD) sell from key level AS i said in last gold chart that if it break level 1897 then gold will start drop more
and now its on monthly and daily + 4hr TF confirming us that it had break this level successfully
so we are selling gold with no emotions and expecting a drop till design TP
Friends push like and comments it will be a great appreciate for me
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never took more then 3-5% risk against ur equity