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.
Xauusdforex
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
Gold Daily Forcast : SELLIn spite of US-China trade war, emerging market instability and political tensions in the Europe and British , the price of gold is to decrease . According to technical analysis , the growth of price was lasted since the divergence had been appeared and it's believed that there is still room for devaluation . In addition, if the price manage to break the horizontal line ( which is shown in the chart ) , it will be bearish trend . Ultimately. the first target for short position is near to the bottom line of the channel and second target would be the Width of channel ........................
XAUUSD : SELL
First T.P : 1262
Second T.P : 1222
S.L : 1324
( Disclaimer : These analysis are just only our own attitude . Any action you take upon the information is strictly at your own risk and we are not responsible for your benefits or losses . )