Price has crossed below 1845 and EMA5 confirmation with candle close. We have a clean run to 1825 benchmark which is now open for the short term. Long term we are targeting buys therefore will not be adding to any positions until the 1825 mark is cleared. This is the time where we sit patiently and wait. We will look for the 1846 level to be retested and broken...
Price will fall according to double top theory to later form a fibonacci to go long. Lets see if it plays out!
So my idea from yesterday accomplish somehow. Today there was some news that pumped the price 160+ pip in less than 10 minutes. Right now a fibonacci formed after the news telling me to go long. Lets see how it goes!!
Following the 160+ pip trade I posted before, gold has continued to follow the H1 bullish channel. My prediction is that if gold continues to respect the channel, price will increase to accommodate acording to it. Remember I am no magician but this is my best analysis and I hope it accomplish it. Another scenario would be that it breaks H1 channel, and price will...
We are looking at a clear structural double bottom structural pattern-descending channel . a reversal pattern . most support tests , which implies the support is strong . on the lower time frame we will be looking for higher low , for an entry
Gold long to Target price 1 = 1760 Target price 2 = 1770
This is only 15 mint chart like day ....on xauusd looking for sell
Currently gold near to demand zone wait for ltf breakout for entry
Gold broke a major resistance at 1796 which is now acting as support. The next major resistance is 1830
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...
gold now touch support but after you see after break the support gold will continue the bear trend and will go to the next support. but if can't break the support the big of possible trend is bull
This looks like a possible inverse H&S here, if true this is the move I believe to happen next.
we see dollar index has been weakness and we see opportunity that gold will go back to the highest than before if break the trend Line resistant but if the price can't break so gold continue the bear trend
Gold has spent the last 2 weeks consolidating in a range. I still expect a new leg of correction and my target is above 1800 That being said I will look to buy dips and a dive under 1750 would negate this scenario
Gold Price Forecast: XAU/USD Breakout Holds Through CPI - FOMC on Deck Gold prices put in a major breakout last month, and so far buyers have been able to hold the bullish trend. At the source of this move was the presumption that the Fed will be sitting on low rates for longer, but as more signs of inflation begin to show might the Fed be compelled to moderate...