Goldsetup
GOLD! BULLISH BUY AREASI haven't covered gold in a while but cant help but notice the possible upside potential from this metal (long term). There is a lot happening around the world and gold has always been there as the safe haven for big investors... over the past year price hasn't done much apart from move sideways and consolidate but does this mean something big is building? I hope so and these few areas I'm looking at that are hopefully going to put me in an opportunity to catch these big moves.
GOLD 2 New Long Setups After Daily Confirmations To Get 300 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
GOLD Full Analysis And When We Can Sell And When We Can Buy ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
XAUUSD shortShe's going down guys. We can see that DXY has hit the 0.5 level of the fib retracement and bounced off ( or In the process of doing so) and we can see that Gold has come to retest the support of my upward channel that it broke down from last week and that's all I need as far as confirmation to short the gold. But when DXY reaches the top of it's downward channel I expect it to breakout BUT it might not see be ready to TP early on this Gold short. let me know what you think in the comments
Gold buy ideaGold is at the resistance line of the descending channel in black on the daily chart. I expect it to breakout and go up to the daily resistance line in red and then come retest the the level where it's at right now the shoot back up. My reason is that DXY recently hit the resistance line in red and is on it's way back down already let's just hope it tears through that descending channel with no problem
Gold Short setupWith the DXY hitting the 4hr resistance line in red and immediately reversing to the resistance of the descending channel which it broke out of on Friday, it could be a retest and then shoot up which would be a good boost for Gold to shoot down since it's currently right at the to of it's own descending channel. Please let me know what you think in the comments and follow for more setups
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
Gold Running In 360 Pips ,New Long Entry Added To Catch 300 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD Running In 300 Pips , 0 Drawdown , New Update Here This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD Moved +450 Pips From Last Analysis, New Entry Added This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD Trying To Make Head And Shoulders And New Short Setup HereThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD New Update After Moved +150 Pips, Full Analysis HereThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD Full Analysis And 2 Setups Available In This Video This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD New Long Setup After 4H Closure To Confirm The Setup !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Gold Long Opportunity Hi Traders,
Over the last few weeks we have seen gold decline after hitting strong resistance/supply at around 1830, following FOMC minutes, which was less a than anticipated result, gold spiked to find some liquidity around 1787 and crashed again finding support around 1737 area and resting the week on a weekly support around 1750.
We find that gold has had a healthy correction to the 61.8% fibonacci retracement from the low of 1676 to 1830, correcting to 1737.
This price action forms an ABCD pattern with a 61.8% retracement - common for the start of wave 2 of an impulse wave and C in an ABCD pattern .
We would look for an extension to 1895 for the complete ABCD pattern where AB = CD.
However, we have strong resistance / supply around 1833 which could stop gold , with the recent news of the USD not doing so well under COVID pressure this could be the start of the next covid economic wave, hence the FED not tapering in the recent FOMC meeting.
There is also a falling wedge forming on the 4H chart as shown in the above with a strong bullish divergence on the RSI .
We are also forming a right shoulder on the daily chart - a break of 1833 neckline could see 1850 - 1900 quite easily.
I personally feel we might dip a little to test 1740-42 again before starting the run to 1830 and more possibly.
With this being said gold is looking bullish fundamentally but is still in a somewhat downtrend with a lot of selling pressure technically. I believe that despite this we could have a change of hands around this area given the fundamental news of late.
Please trade with caution.
This is not financial advice.
GOLD SetupThis analysis is solely based on technical analysis ( Wednesday is going to be a fundamentally packed day for the US). Today, price reversed off a key level to retest the consolidation box, which lines up with our golden zone on the Fibonacci tool. I am waiting for a few more confluences to pass then I will open positions. At this point i am neutral although my confluences have already given me a highly potential direction.
*Disclaimer*
This is not financial advise. Forex trading is a risky business. Trade at your own risk. Please exercise proper Risk Management and be patient.
#TradeLikeMagnatrio
XAUUSD powerful sell signal view....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
GOLD Full Analysis ,Buy Areas And Sell Areas Shown In This VideoThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions