Goldlongsetup
Gold may bounce UP from hereGold has almost completed a minor wave v of the the corrective wave C of the larger main corrective wave 2.
With the existing risk now becomes lower compared to the start of this week, a potential rewarding LONG can be traded with a stop of about 27$ and a good risk to reward of 1:3 or TP at 1930.
#elliotwaveforecast
@marketpainterPH
XAUUSD Long Hello , i share you my analyst about XAUUSD or gold as you can see we have supply zone here and W pattern
GOLD BULL VIEW - Rare Truncation In Ending Pattern - AriasWaveAs much as I hate to admit it, it appears as though truncation did occur on this chart back in August this year where Wave v never made a new low.
The reason I am accepting this view is because the recent price action is behaving much more like the beginning of a Bull Market.
If this is the case then we must break above $1814 in order to confirm this count.
Critical support will remain at $1758 if no new low occurs which I highly doubt will happen at this stage.
Entry: $1814
Stop: $1758
Target: TBA
As always, any breakdown below the Stop level before we hit the Entry automatically invalidates this idea.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Xauusd is going long, Stop trying to short...Gold is correcting to the upside.
Personally, its silly to SHORT this market right now - (FOR THE LONG RUN)
Big Chunk Of GOLDJust an Ideas
price has touched the demand zone and ready to fly up
this is not a signals
education purposes
GOLD intraday long opportunity The commodity has recently broken out of a channel down to the upside and after the impulse we appear to be forming an expanding triangle structure which would mean price is expected to hit the topside of the triangle soon presenting an intraday long opportunity, we will be observing what happens when price hits the top, I am expecting a rejection giving us a new opportunity to go short until price heads to the bottom area of the triangle, should happen in the coming days.
Gold buys.In this trade I am going to be looking for buys above the hourly resistance at 1812 and then I would love to take the long trade to run up and fill the four hour wick at 1825.
The biggest issue we could face is that the current resistance found at 1812 for the past few days and then the next resistance will be 1817.
Exploring gold buys.In this trade idea i am going to be looking for gold buys.
1. Gold has been coming up to the resistance level found at 1790.
2. Gold created a double bottom.
3.gold has been creating HH and Hl since 1856.
4. Inflation is still at record highs.
5. Unemployment rate is up to 5.9%
Due to these reasons I will be looking for gold buys. However what i will be waiting for is for gold to break the range impulse and then come down to the old level of resistance turned in to the new level of support on the higher time frames 4h and up.
Gold - Bullish Weekly Close Above Resistance !The breakout was confirmed, with a small pullback on the daily chart.
After a few months of consolidation, gold seems ready to test previous highs.
Gold broke up the rising wedgeGold is in a descending channel but it broke up a rising wedge....
Price will push up to the upper trendline( resistance) of the descending channel
like my idea.... and share your comment if you find it useful
Gold - Buy Bias Good Traders,
Gold is presenting good opportunity for buy. Upward trend.
On the 1hr gold has tested our 78.60% fib level twice creating double bottom.
Its Monday, reduce your risk and most importantly manage your risk.
In the long term Gold looks like a great buy but its the short term fluctuation that wreck our emotions.
In the game of trading we need strong mindset and have the guts to cut our loss early.
Good luck Traders.
Lenin
Gold longs,. a little bit of action from my intraday cycle perspintraday cycle perspective... charts flipped. Longs in action... what do you see ?
Gold Longs Setup Gold Longs Setup. I can't really explain why im calling this longs more than an intuition third eye I have developed on the market. Lets see how it plays out
My GOLD Position. GOLD to 1882.This is not an analysis just yet. Because I'm still experimenting with this.
If I turn out right I will post how I find the target later.
1st Entry : 1843
Buy Limit : 1840 (slightly bigger lot)
S/L : 1830
TP : 1880
GOLD - Tracking Minor Waves - Looking For A Re-Entry?Yes we are already in this trade (see related ideas below) however if you are not then this might be of interest.
Just looking into the waves at small degree I found some interesting things going on with Wave 2 of this move.
At the open on Monday, Wave 2 expanded to the upside which indicates some major strength behind this move.
I would say these levels hold potential significance.
Entry: $1946
Stop: $1929
Target: $2300
Let's see what happens next.
Please LIKE and FOLLOW to get notification of updates and future posts.
TIME FOR A GOLD BULL RUN - Wave Revision - Wave (C) Starts NowDue to the break of a key level for the bearish view we now have to look at the bull view.
Remember to follow the instructions properly in order to prevent entering a trade if conditions are not met.
Safe Entry: $1907.00
Safe Stop: $1855.00
Safe Target: $2250.00
Risk\Reward Ratio: 6
Aggressive Entry: At Market\Open
Aggressive Stop: $1885.00
Aggressive Target: $2300.00
Risk\Reward Ratio: 26
Also make sure you use sound money management rules to ensure longevity.
Please LIKE and FOLLOW to get notification of updates and future posts.
GOLD - Long Trade Idea - How Will You Trade This?This relates to the video idea linked down in related ideas.
Due to the break of a key level for the bearish view we now have to look at the bull view.
Remember to follow the instructions properly in order to prevent entering a trade if conditions are not met.
Safe Entry: $1907.00
Safe Stop: $1855.00
Safe Target: $2250.00
Risk\Reward Ratio: 6
Aggressive Entry: At Market\Open
Aggressive Stop: $1885.00
Aggressive Target: $2300.00
Risk\Reward Ratio: 26
Also make sure you use sound money management rules to ensure longevity.
Please LIKE and FOLLOW to get notification of updates and future posts.
