Gold finds support & turns around promptly. Not surprising.
https://www.tradingview.com/x/kUJnEApZ/
You can see on the 15M chart where Gold found support recently.
(I had this all mapped out recently and forgot all about it).
Retracing now for possible buy entry.
You can see on the 15M chart where Gold found support recently.
(I had this all mapped out recently and forgot all about it).
Retracing now for possible buy entry.
Note
Higher TimeFrame Buy Demand Zones: CHART BELOW.
15M was a Bounce only. Further to fall.
Note
See here on the Daily why the Gold Price is about to really fall over. It bounced off the 21EMA key level on Daily, what I noticed was a reluctance for my sell orders to go through. This is falling further.
Trade active
TRADE: SELL XAUUSD @ CURRENT LEVELS & ABOVE 2608
STOP LOSS: 2625.
Analysis: Gold price has dipped under the 21EMA on Daily chart today. It initally bounced off these levels but has since fallen under the 21EMA. VWAP average price is still quite a bit underneath current price, so expected to fall some more.
Note
Note
Trade active
Gold finding support for a BUY order around 2446-2647 @ current levels.
I bought in around 2646.
Tight Stop: 2642 (under 15M order block)
Note
The support level of 2646 is the 200EMA on 15M chart for GoldNote
2646-2647 should read
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.