As gold tried to test 1690 on Friday and made a LH around 1691. I think it will test 1700 again before going any bearish. So, Wait for for gold retrenchment to 1692 to go long Long Gold: 1694-1696 SL: 1688.00 TP1: 1700.00 TP2: 1705.00 TP3: 1709.00 Bullish - Market is overall in bullish run - Gold at HL level - 4H candle hit the moving average - Gold hit 0.786...
DXY is in between trend lines and will make AB=CD till this week. Only the lower trend line can break the scenario. DXY might be bearish today As USA and Canadian banks will be closed today so overall it will push DXY bearish or vary slow momentum for today.
Plan B Wait for for gold retrenchment to 1700 to go long Long Gold: 1707-1709 SL: 1700.00 TP1: 1727.00 TP2: 1736.00 TP3: 1748.00 Bullish - Market is overall in bullish run - Gold at HL level - 4H candle hit the moving average - Gold hit 0.786 entrancement level
Bullish - Market is overall in bullish run - Gold at HL level - 4H candle hit the moving average - Gold hit 0.786 entrancement level Plan B Wait for for gold retrenchment to 1700 to go long Long Gold: 1705-1703 SL: 1701.00 TP1: 1712.00 TP2: 1718.00 TP3: 1725.00 if gold breaks 1700 level don't go long wait for next...
DXY is in between trend lines and will make AB=CD till next week. Only the lower trend line can break the senario. DXY is bullish today so it will make Gold, Silver, BTC and stocks to push back in bearish market and all opposite pairs will retrace for the day and will be bearish. The US Non-Farm Employment Change will be released on week-end so market is going to...
Bearish - Gold hit 1729, 3 weeks high - 4H candle formation is getting week with every new candle - Gold is over bought - Fib retrenchment Plan A Sell: 1724.00 SL: 1727 TP1: 1718 TP2: 1712 TP3: 11707 ========================================================== Bullish - Market is overall in bullish run - Gold has broke previous LH - Gold is over bought Plan...
Bearish - Current price is 1701, 3 weeks high - 4H candle formation is getting week with every new candle - Gold is over bought - Fib retrenchment Plan A Sell: 1701.00 SL: 1608 TP1: 1692 TP2: 1690 TP3: 1685 ========================================================== Bullish - Market is overall in bullish run - Gold has broke previous LH - Gold is over...
Plan A Sell stop: 1658.00 SL: 1670 TP1: 1648 TP2: 1640 TP3: 1620 Bearish - Current price is 1660, weekly high pressure - Mostly news are coming bad for gold - Gold is bearish, according to the daily chart. - Monthly candle is overall bearish and can slip further down. Gold's bearish trend is strong and gold is near HL. entry at 1658 can be traced till new LL...
Plan A Sell stop: 1658.00 SL: 1670 TP1: 1652 TP2: 1646 TP3: 1640 Plan B Wait for candle chart to give indication of going up over 1660. 1660 is a defining point. Long Gold: Wait for next call SL: 0.00 TP1: 0.00 TP2: 0.00 TP3: 0.00 Bearish - Current price is 1660, weekly high pressure - Mostly news are coming bad for gold - Gold is bearish, according to the...
Long Gold sell: 1644.00 SL: 1635.00 TP1:1655.00 Trend is based on HH HL and support Resistance
Plan A sell: 1660.00 SL: 1666.00 TP1:1655.00 TP2:1650.00 TP3: 1646.00 Use small lots
Perfect Opportunity to catch a LH. As per last day and 4H candle the metal is struggling to break $1620.00 support level Gold price is displaying a dull performance as investors have sidelined ahead of the speech from Fed chair Jerome Powell. The precious metal is juggling around $1,625.00 after a modest decline from the critical hurdle of $1640.00. Well All...
Gold is in overall bearish trend. After breakout of 1650 Support zone gold will continue in bearish trend. Previous daily Resistance zone is 1656-58. Gold can retrace in Asian Markets and will fell again. Wait for 1650 retracement level and take entry as follow: Pair: XAUUSD Short: Sell Limit: 1652-1650 SL: 1660 TP1:1636 TP2:1630 TP3: 1607
- LH HH trend is being established - Market is unpredictable due to high uncertainty - Bearish is low (Support is 1660 and 1652) - Bullish Is retaking charge as per 4H Candle - Sidewaves market tried to break 1684 and testing 1686 Resistance Level