Get started

Goldusd

GOLD_ A good place to go up??Hi everyone As traders from crypto market approach the GOLD market ,We may get to see some up trend from here on. From the looks of it , there is a weak bear trend in 4 hours chart on XAUUSD. There might be a bounce from the bottom of the bear channel or before that.This bounce will create a ABC pattern ( whether LL or HL) as LL (the RED arrow) our A current bar's high B and the next move down and rebound as C . For now we have 1825$ and the bottom of the weak bear channel as support and for resistance, there is 1840$ and top of the bear channel. Hope this analysis helps you in a way. I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
OANDA:XAUUSD
by HubAlgo
1
Gold risky entry longsI previously called a long trade on gold but the pair has been really slow and has not even triggered our position yet. This might be as a result of the bank holiday, but I propose an earlier entry.... At the simultaneous break of the LTF inverse head & shoulders neckline and the counter trend lines a strong momentum bullish rally is highly probable. Drop a LIKE if this idea was remotely helpful to you, a quick SUB to get timely signals like this in future and please drop your views and educative criticisms and thanks in the COMMENTS.
OANDA:XAUUSDLong
by LexyenHille
1
GOLD (XAUUSD): Technical Outlook & Forecast For Next Week 🥇 Hey traders, I remain very bearish biased on Gold. The market trend remains bearish from the beginning of the year and I am patiently waiting for the next bearish move. Next week, watch 1856 - 1879 supply area. I will expect a bearish move from that, at least to 1808 level. Good luck and have a great weekend. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
23
XAUUSD 1DGold study on the daily timeframe If gold broke 1883.00 it have a potentiel buy and it have three confirmation 1- breaking the strong resistance and support at the same time it hit multiple times on it and retraced 2- breaking the neckline of the double bottom 3- breaking the channel (or the trendline) We need to have confirmation for the break and if it broke the resistance we need to wait for a retest first and then we can take the buy and secure profits and leave runners .
OANDA:XAUUSD
by migsta9
1
Gold Trend 17/06Gold gained further yesterday. The price was under pressure by the 250 days MA(1833) early in the Asian & European sessions after the day began at near 1832. The price consolidated toward 1814 before the US session, and the buying started to kick in once the US session became active. The price cleared the previous 1840(1) and surged to the day-high 1857 before the day's end, gaining USD 24. The S-T trend has shifted upward after gold escaped the range of 1808-40(1). The upside target of 1860 we set yesterday is completed, and the price is now back to last week's range of 1830-70. While the momentum is heading up, expect the price to touch the top of the range around 1865-70 again, with the price support at 1840 in S-T. A double-bottom pattern(4) is developing after the price jumped back upon the 250 days MA(3) on the daily chart. Expect the price to approach the downward trendline(5) in the next few trading days. If the price can clear the selling resistance at the trendline(5) and 1870(the neckline of the double-bottom pattern), it should be able to touch 1920-40 to the upside. S-T Resistances: 1865 1860 1850 Market price: 1843 S-T Supports: 1840 1835-37 1830 If you like our work, kindly give our team a thumbs up. Feel free to leave a comment; let us know what you think! P. To
TVC:GOLD
by 1uptick
Gold Trend 14/06 - 17/06Gold fell from the 1-month high yesterday. Carried the buying momentum from the previous session, the price jumped to a new high 1879 within the first hour of the market's opening. But, the climb failed to sustain. The price quickly fell back to its range of 1830-70, and the slide began. The selling accelerated after gold broke the 1850(1) support at the opening of the US session. The day ended near the day low at 1819, down by USD 51. Like yesterday, the price has touched a new low at 1808 at the opening hour of the early Asian session. As the price cleared the support at 1830(2) yesterday, we expect the price to remain weak within the coming 24-48 hours, most likely before the US Fed. Meeting on Wed. The 1808-40(3) range should be the range before the next break. The trend has turned weak after gold finally escaped the range of 1830-70(4) yesterday. The next critical support level is now sitting at 1800-10, with the 250 days MA(5) remaining as the upside resistance for now. S-T Resistances: 1840 1833-35 1830 Market price: 1824 S-T Supports: 1820 1810-08 1805-00 If you like our work, kindly give our team a thumbs up. Feel free to leave a comment; let us know what you think! P. To
TVC:GOLD
by 1uptick
Gold Expanding the Limits of the Range and Future Projections***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.*** The overall thesis here is that gold wants to dump to Covid Crash levels before setting new all time highs. The Daily candle just closed above our average price area suggesting that we are going to be moving back up toward the previous high. Our initial short-medium term projection is still valid and through the course of the next two weeks will get much more clarity about which direction we're headed. I am not trading a leveraged in gold, but have invested into physical bullion, so do with that what you will. ***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.***
FX_IDC:XAUUSD
by AuracleatFungii
4