Price has been falling on gold as the dollar has been getting stronger. Moving average cross of the 50 and 8 period moving average on the higher time frame, along with price respecting an bouncing off 8 period moving average. I expect gold to fall at least $10 from 1931 to 1921 for a gain of 100 pips
ZEYAN here!!!! I'm looking at the market as a bull, and as far as I can tell, in the medium term, it's more bullish than bearish This is a general idea of how I view the market; I use various entry techniques; please do not take this information at face value; conduct your own research. Please let me know in the comments if you want me to analyse your...
Potential Sell setup on XAUUSD, Short area 1930-34, Targeting 1915, 1903.
Short Gild in impqct price to Brand Nested Sz daily in Sz Monthly
By the chart the price touched its trend line in 4h, so in daily chart we can realize that a bearish triangle is completing and we can expect that we have a bearish trend in the future,so the price can reach around 1350$-1450$. But be careful we need get a confirmation in lower time frames by using our strategy rules. Tell me your ideas, I appreciate your...
condition: If Gold can not break up 1826 zone (TF 4 H close price )Gold should drop below 1780.7 Bet on Tight stop-loss S/L 1826 ( Gold always swings may up to 1833 and drop please accept this loss too.) Now 1822 TP 1780 or move S/L when run profit. If you can accept a loss around 4 $ or a little more. PS : long term Gold still bullish.
there is a bearish divergence on the 1hr. it is a regular bearish indicating a bull back, it already came back and tested that area after divergence. going to fall about 1500 - 2000 pips to the 1815-1810 area
Waiting for a retracement to retest the wedge and then continue breaking downwards. I don't see price making a big bounce to the upside because I think the deal has been sealed for gold to the demand (support zone) - and then we may see a reaction with gold longs. Before we can have the shorts, I think it's very reasonable to expect a modest/smallish bullish...
I am shorting gold as the 4hr timeframe has major divergence on the RSI and there is a nice head and shoulders pattern on the 1hr timeframe. Price has also broken below a major support zone and has already retested it as resistance. Once price breaks the neckline of the Head and Shoulder pattern it should fall. Here is the trade I will be taking on this pair....
I see a nice potential short position at the NYC opening tomorrow theres low volatility as its Christmas but a nice supply area will be our entry and it'll also be a 78.6% retracement on the previous drop into demmand. The short term POC is also below price around our TP. 1800 will be a tough level to break.
The break of the level 1757-62 can result in the price of XAUUSD falling into the 1740s, further break can lead to 1730s or even lower. A lot of liquidity below 1762. Bullish sentiment is very high. Most broker sentiments shows 70% + clients being net long vs 20-30% net short, as well as change in percent of 17-22% from sell sentiment to buy sentiment this week....
sell gold perfect sell hanging man just conform the strong of the bearish, be patience
Hello everyone, about gold, I believe we have to stay in this trading range for a while, everything you need to know is shown on chart, make sure you stick to your strategies and have strict stop losses. Good luck don't forget to like and subscribe ;)
Apparently gold is gonna complete the Head & Shoulders pattern. by getting confirmation in lower time frames we can sell it, the TP & SL are shown in the chart. I'll be happy from your comments, so please sure us your ideas ... GOD WILLING, GOODLUCK !
For me its a clear sell here! Accepted the new ressistance of 1766.00, now time to drop to 1720.00. Entry:1762.150 SL:1769.150 TP1:1745.200 TP2: 1720.000 Please like and comment what you think! Thank you. and have a nice week.
I try to sell and setup a pending sell, and my tp is at my pending buy. Simple and easy. with magic setup.