Hello dears, we are choosing today to analyze Gold. as analyze technique show's that gold is going to touch the price 1793. then we will have a bullish trade with force. but why gold price is going down in that moment of Corona crisis, simple cause market psychology is changed after news of having new vac-sin.
In early August, we sold the gold and closed over $100 - 1000 pips in one trade. - Many people did not get involved in sales! Last week we sent 2 analyzes for a decline to $1920 - Many people did not get in! Now we expect a new decline and breakthrough of $1920. - Many people will not get involved in sales. The main reason for missing most of the movements...
Taking a look at the 1 Hour chart on Gold, it has gone through a sharp drop since breaking its record highs above the $2000 level. Currently now the price in Gold has pulled back higher from its sharp recent fall and is trading in an ascending channel. This Channel has completed a potential larger 3 drive bearish pattern in the process. Why we like this pattern...
This is a my plan for GOLD in W27
XAUUSD needs some relief, retest of Fib 61.8% zone then up to -27.00%. Overall Bullish on GOLD.
Because of the broken monthly level line and it is already retested this level. I am directly bearish tonight on Gold , also because the dollar will rise and as i see on my weekly formation bar it is a shaved bearish bar which means it will go down. Take profit around 1653.00 and stoploss 1683.00 You don't need to look hours to analyse this chart. It is...
We continue with the continuation of gold for sale. now we could see a confirmation of this movement when doing the pulback in the resistance of the 1700. We hope that the first important objective is close to 1600.