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AU

Gold buying forms new upwards channel looking too long [BTFD]lots of people looking towards gold to see if it can rally back upto 1300 a new, smaller channel has formed and broken away from the old downtrend channel, resulting in the low of 1160 looking to find a good entry on gold, really for fuull bull we wanna see it stay above 1220 BUT it may come down as the market breathes towards the support levels shown COP just signalled that its coming out of overbought areas aggressive traders can look to enter but more cautious one might want to watch it come down to around 1180-1200 and wait for a good upwards flow to break out towards 1300 and beyond some good scalps possible if it fits into the channel as we head towards 2019 if the charts help you or want to show some love, please like the chart say hello in the comments (i reply to everyone) or if you have any questions please also do the same...
FOREXCOM:XAUUSDLong
by majorlee
AU - AngloGold Ashanti Limited -By Abdolreza SadreddiniThe AngloGold Ashanti Limited (AU), Has good fundamental statistics ceriteria. about 4B market cap and over 3m Avg Volum, in addition of negetive "BETA" make this instrument very special for the time while most of the US and Global indecies carshing, AU going UP. When the first daily candel closes above Fourth EW wave, please set up a buy stop on top of that for long rally, to reach to top of Thid major EW wave. Technical Analysis by Abdolreza Sadreddini
NYSE:AULong
by TexasSadr
1
AUDUSD Buy Confirmations: 1. Broke ceiling and now becoming a floor 2. Structure is to the upside 3. 23.6% Fib pullback 4. Heavy 1hr engulfing pattern off of zone 5. MA's showing heavy bull momentum 6. UJ confluence to the downside! * The purpose of trading was to make money, now it is to grow along with my account, there is no success without growth, also another requirement of winning is to first lose lose lose lose lose lose and lose, to see if you can handle the glories of victory! Keep trading don't stop it will come. *
by EsotericTrader
AUDUSD SellLooks like we could be reaching the low of .7000 by the end of this week, especially with AUD news coming within the next few hours we could get the move we are looking for to the downside. Confirmations: -Daily: For our MA's we are showing heavy momentum to the downside, we are looking to complete a 78.6% fib extension which is close to the .7000 level, and we had a strong daily close beneath our LL and weekly support which is now resistance. -4h: Once we broke beneath that weekly support we immediately came up the retest that zone as resistance and then the next candle engulfed heavy showing us that we do have a lot of momentum to the downside! the past 8 hours have just been weak retracements of the engulfing which I think is price stalling and waiting to move before the news comes out. -1h: It's easy to tell that when we broke that yellow zone to the downside it did not like it as a ceiling since there were wicks and heavy bearish candles, we are also currently treating that 8 ema as resistance. ** The reason that I decided to sell now is because around 5pm is the opening time for Sydney and their markets so we could start to see some movements pretty soon and also with news coming in about 3 hours it's good to get into trades without forcing them right before news events.**
by EsotericTrader
EURUSD Short Idea ** Sorry for the noise in the beginning it gets better haha ** Here is my Top-Down analysis of EURUSD, and my thoughts on where we could be moving for the rest of the week and even next week. This will break down my thoughts from the M > W > D > 4h > 1h to see more in depth of long term moves and entries for the sell. I hope you guys enjoyed the video and got some knowledge from it. ** Resources ** -Instagram: @krystianstreit - Youtube: Krystian Streit - Facebook: Krystian R Streit If you have any questions, needs, or just want to say hi... HMU!
by EsotericTrader
AUD continues to weaken (and RBA is OK with that!)Entry - 0.7274 Take Profit - 0.7144 - 130 pips Stop Loss - 0.7342 - 68 pips Lowe made it clear that not only is RBA OK with a weaker Aussie, they are welcoming and expecting it. Plenty of AUD bulls are trapped on a long push following news that CNY will be propped and are ready to continue to buy (Myfxbook has 81% long). I have a (very small) short position open from 0.7333, but wanted to add more on a retest of the 30EMA (4h). We're at that level now. There was a solid breakthrough of the 0.7357 support zone back on 08/10. I'm looking to hold this on for a while yet. My stop loss is above the Ichimoku cloud (4h) and the previous support zone. I'm expecting this to be an interesting ride. Will update as necessary. Thanks for looking! -Zedro
Short
by Zedro
2
Would audusd establish downtrend or continue range?The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786. If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase. However, the penetration to YPP (S1) remains as difficult as the previous idea. Most recently I will consider transactions with a story aiming for YPP (S1) attack. <> 1) MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistances short. The first limit is 0.74000 above The second limit is 0.73500 above I conscious of above WePP. 2) It is doubtful that MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistance I will observe it because I am not sure well. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea
Would audusd establish downtrend or continue range?The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786. If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase. However, the penetration to YPP (S1) remains as difficult as the previous idea. Most recently I will consider transactions with a story aiming for YPP (S1) attack. <> 1) MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistances short. The first limit is 0.74000 above The second limit is 0.73500 above I conscious of above WePP. 2) It is doubtful that MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistance I will observe it because I am not sure well. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea