Xauusdforex
Gold Analysis 28/09/2020We are at a very interesting point with gold right now. Resistance has been formed around 1883-84, if we break it and form support on lower timeframes we have good potential to fill the wick and maybe even tap into resistance if there is enough volume in the market, that would be the first target. However if we break below support there are opportunities for scalper to short, however I am not interested in that, a break below 1872 however could see us filling the range down to support at 1865.
Bullish XAUUSD chartLet the chart speak for itself. As we see the trent is retesting a very strong support around the 1980 level
Its cooled down, but prices are expected tp climb back again and probarly will wind a new resistance around 2100 within the next 2 weeks. ( do your own research )
Use Risk manangment, because gold is gold
GOLD, accurate buy after break up of key level 1744You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XAUUSD - CRASH PENDINGAn update to a previous idea - CLEANER CHART
From what i can see gold is consolidating on all lower timeframes, it is testing support and from what I can see we are ready for a crash
Price was previously on a downtrend and made a big recovery and just kept rising.. If OIL is anything to go on it did something similar before dropping and as we all know patterns usually take place on multiple instruments
GOLD is no different and I can see it dumping before a big recovery
XAUUSD UpcomingHello friends, I wish you all the best.
I think it will complete the 3-4 waves in Ounce 1675 and go on the attack for 3-5.
I am waiting for 1782 as I mentioned in the 3-5 wave chart.
This analysis is not investment advice.
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My Idea on XAUUSD for this first hours of the week I'm looking for a small buy this first hours of market and maybe Monday morning, But first i'm looking to respect the 1640.00 Zone for a retest of the 1650.00 Zone and also looking an M pattern from 15M to 1M with confirmation of respecting Zone reversals candle