WILL GOLD HIT 3000 ?As we can see on weekly timeframe xauusd making Cup&Handle Pattern
an also if we breakdown to lower timeframe especially on Daily timeframe he just making descending channel
which mean he would continuation bullish as soon as possible
We just waiting for clear flag on timeframe 1H-4H to execute long
However this plan can be false if xauusd making new pattern
share your idea below
thankyou friends
Xauusdlongterm
Long term technical outlook for GOLD $$As the year end draws close, we thought we would post an overall long term outlook for gold and some long term levels on the monthly chart.
1777 has held well as support on the monthly chart with two Goldturns created on this level. We are expecting gold to move towards 1868 Goldturn and then towards 1976. Once this level or range is tested we are expecting some correction to low 1600s before resuming back into the trend to go and create a new all time high at 2200 projected axis level. Remember we called it!!!
Once again thank you all for your support and please don't forget tp hit like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD SWING 2000+ pips?Looking to swing gold to create new ATHs early next year.
Potential take profit areas are highlighted in green, these are also areas where price could struggle breaking or even reverse so bare that in mind when taking this trade
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
XAUUSD powerful sell signal view....
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 support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
XAUUSD FLY TO THE MOON UPDATEAs we can see
Gold has made Higher High and Higher Low consistently
and also he respected Golden area fibo 0.618
i expected gold stil running as my forecast
now im gain 600 Pips since my previous forecast uploaded
so guys , if you want to execute gold currently don't forget to waiting for bullish flag
However gold could FAIL to Bullish if he can't break the near resistance as well
thankyou
if you have some idea
please comment below !
XAUUSD Cup and Handle Detailed Hello Fellow Traders, Here is a Full Analysis on XAUUSD.
This is merely An observation, Let me know what you guys think Below in the comments :)
I have linked my GROWTH XAUUSD Chart Below for your Reference!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
XAUUSD Long Term View
TECHNICAL :
My simple point of view for XAUUSD.
im personally assume that XAUUSD in D1 and Weekly timeframe are creating Bullish Flag.
Since the price are retraced at point 50.0 Fibonacci Retracement, and doesn't cross the bottom trendline, Price go Up again.
While price Going up again and again, prices break the TOP Trendline ( Flag Trendline )
So i put that broken trendline as a buyerzone.
My personal target price was at -27 Fibonacci points as TP 1, and -61.8 as TP 2.
Stoploss are inside the flag pattern at area 1850, it broke another trendline inside Flag Pattern Channel.
so when prices go down below 1850, i will switch to sell scheme.
FUNDAMENTAL :
By Democrats winning the Presidential Election, and Senate Election last day in georgia AT.
The DEMOCRATS Economy orientation is :
- STIMULUS CHECKS
- INTEREST RATES ARE UP
- TAXES GO HIGHER
" Why this fundamental so mean for XAUUSD/Gold Prices ?"
My simple stupid logic is
BIDEN are the president of America for 4 years ahead. so this is possible if the ecnomy are not fully recovered, or consiprationaly economy are back to reopen and COVID-19 Drama gone after GOLD reaching NEW ALL TIME HIGH.