Xausud
Continuation To Our XAU/USD TradeThis is a continuation to our Gold trade back in May 2019.
July 2020 will be when gold will start being back in demand.
This sell off is mostly a result of cash strapped countries needing liquidity.
Buy GOLDWe are currently in 50 % Fibo correction from last movement.
The levels around $1616 will act as a support and we will see new raising and new higher levels.
The main resistance will be previous top at $ 1700, the next one will be $1727.
What movement do you expect for Gold?
Leave your thoughts in the comments below.
golden ideaheres the breakdwon on gold., the pink lines are zones. looking for gold to drop due to corona and dow drop.
Long Buy opportunity set upDouble touch on Weekly, enter now with tight stop loss and if break below, on the chart can be seen the possible buy entry at lower price.
XAUUSD 60M Sell SetupIm expecting downmove, and this down move could be a reversal of all time down trend. At this level XAUUSD have very good potential for down side. so will look only sell setups not up side because up side will be very very limited.
XAUUSD: Key Resistance @ 1611. Watch for Reversal.Hi Traders,
It seems as if price may retest the most recent high at $1611. I'm looking at this current structure as a ABC regular flat, with the expectation that wave C will come in 5 waves.
Wait for clear confirmation before taking any sell positions.
Regards,
Wave Theorist
GOLD IntradayAn important resistance level was reach at 1587, where seeing hold right now.
We expect correction within this day.
Initially the price could reach $1581. If we see break below these levels, it'll go to $1576.
GbpUsd long2 entries for long on the pair
TP and Sl updated
kindly like and share
check out my previous analysis on usdchf
XAUUSD LONG TERM SELL As you can see XAUUSD has been rejected numerous of times on the resistance line. So far, it has a downward trend with strong sellers that will be bring the price below to the last line as shown in the chart.
audjpy short potential short audjpy .. yen pairs looking week .. could be continuation to the downside .. this will do a pullback to retest so you can wait for that to get a better entry to little to no drawdown!!!!.. so wait!
XAUUSD ShortFor Gold, I do see an opportunity to short on the 4H timeframe.
The Support Zones are based upon weekly support and resistance, so with this trade you are planning on holding it for a while.
I'm looking for price to push up to the 1488 zone and then spike down to around 1450.00
Remember that Gold is an emotional commodity, so it could blast through 1488 if there is a major world event.
I am waiting to see an opportunity for a short once I see a sizable pullback.
Gold Back to previous setup as comment below..With Negative correlation with S&P500, Gold correction most likely reached.
Long now or buy stop @ 20 Nov '19 hi, Sl @ 26 Nov '19 lo
Previous Idea
gold bearish Resistance is at ichimoku clouds Senkou span A on daily chart
down side is coming back to test the lows
