This is not financial advice, just a technical analysis in confluence with trendline, S&D, and stochastic. I will be putting a long position @1980.00 my next tp would be around the previous high. I feel like Gold will be consolidating until the CPI news release.
Chart analysis on Gold at the 4H timeframe, DYOR this is not financial advice. I am going to place a buy entry at 1920.00, via 4h demand zone and a bullish trendline.
Chart analysis on gold. Recently gold spike because Russia is planning to start a war with Ukraine. Therefore Gold has a major spike upwards, the reason behind this is because Gold is a safe haven for many investors. Happy Trading everyone this is my Analysis on Gold. Opinions are welcome here and correct me if I'm wrong. Regards, Ben
The chart shows that Gold had broke out @1790, Now we are going to see a bearish trend moves to the support zone @1790 This is not financial advice. I am Trading at my own setup. Sell@1780.00 TP@1720.00 SL@1790.00
It appears that gold will be headed towards the 1790 zones; I would sell once it retests 1793. Why? The rsi appears to be overbought at h1 in my opinion. This is not financial advice.