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Gold Price Analysis: Watching Resistance and Support ZonesGold is currently trading between a strong resistance zone, where we’ve seen multiple rejections, and a key support level. The price has been bouncing between these areas. If we see the price drop back to the smaller support, there’s potential for a bounce. It will be crucial to observe how buyers respond at this level to determine the next move. If buyers show strength, a rebound could occur; otherwise, we might see further declines. Monitoring price action at these critical levels will be key for future trades.
TVC:GOLD
by rebenga93
Buy gold bull flag daily charts and buy silverHopefully you will of already bought gold last Friday with the major dip down to weekly support again at 1860. If you haven't there is still time. We are currently trading inside a giant bull flag and I expect prices to move up to test a breakout of the flag over the next few weeks. Stop loss at 1855. Further we had a nice inverse head and shoulders break today on gold on the hourly charts to further hammer in the bottom of this pattern. A great time to buy Pattern has also been replicated on silver hourly chart so it looks as though metals are very much in favour again Buy and hold both
TVC:GOLDLong
by breakoutfakeout
Is that a real breakout? Finally, I am back! This is about gold. nowadays I am focused on Oil and Gold, so let's go. last week we had a great bullish impulse on Gold. this is a very important level and controversial reversal area as well. I am totally long about Gold, thus the next target potentially can be 1765. let's see if it can close above the yellow zone then it would be bullish. if not, let's say another 50% of retracement, by the way, have you seen the last dogi candle in H4? that might be a reversal candle signal.
FX:XAUUSDLong
by taktip
CALL ME MADAfter reading series of books on trading I find that realistically (other than EMA/SMA) none of the indicators give us significant enough leverage to place trades with confident levels. I still like the ADX. Stochastics and RSI as both directional and volume indicators. Buying APPL in here is nothing short of madness. Just compare this chart to BTC from late 2017. If we go from here downwards we might witness an enormous size of descending triangle with a possible bottom at the end of wave 5 of a smaller time frame Elliot Wave count. Of course on the way down there's really strong 100 and most importantly 200 EMA which historically were unbeatable, but let's be honest here - market's change. That's really long term view here and I didn't take under consideration timing, only possible drop levels from where we're at - at this very moment. Hopefully to holders I'm wrong - hopefully to shorter's I'm not.
NASDAQ:AAPLShort
by crypto_poet
Gold Finding Support At The $1,500 Round NumberLast post: July 13th 2019. Review: Price was consolidating. Update: Since then we have seen a nice move to the upside but price is now starting to pull back, using the $1,500 round number as support. Conclusion: To confirm a continuation of the upside, we want price to break and close above the previous high. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
TVC:GOLDLong
by Sublime_Trading