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Best Prices for Short Term Long Position for Gold SpotI personally think the prices given in the chart can be potential points for a retracement. Here are the reasons: The downtrend wave is going for its third motive wave which can continue to the 3 prices given in the chart. Fibonacci channel and retracement showed that the 3 prices are the primary potential points for a long position. As you see, the demand zones match Fibonacci numbers. NOTE: It is recommended to exit your trade as soon as the price gives it pullback. Additionally, it is better to check momentum in H1 and M15 timeframes to see if the price is saturated or not. Although technical analysis gives us perfect positions for getting a profitable long on XAUUSD, fundamentals are a bit unstable (interest rate of USA: 2.5%) and the price may go down more than we have predicted. So, it is crucial to have a reasonable risk-reward ratio (1:3 is recommended) equivalent to your trade volume, leverage, and account. Now tell me, which price is the best from your perspective? OANDA:XAUUSD
FX:XAUUSDLong
by AregBabayn777
GoldViewFX - Market UPDATEHey Everyone, As you can see this chart is playing out, we started early with the Bullish targets but now seeing price come into the retracement range. Hoping to see price find support in the retracement area and resume with the Bullish targets. Failure to hold at this retracement zone and we will see price test the full swing range. As highlighted already we have identified the 4h chart range of 1743 - 1707 - these two levels are holding the current range; break and lock above or below will confirm momentum for the next few Goldturns targets. BULLISH TARGETS 1733 DONE 1743 1752 1760 1769 BEARISH TARGETS 1723 DONE 1714 DONE 1707 SWING RANGE 1679 Our plans to buy dips, as a long term strategy is still in play, as always we will keep you all updated with any changes to our plans throughout. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
11
Dogecoin will go wild again !!All the explanations required For the dear traders are clearly given in the chart As you can see, a very good pattern has been formed - this pattern has been broken and confirmed Also, the decrease in trading volume in the Bearish trend of the Handle can be Shown a Good Bullish Trend To support us, like this analysis and follow us Until the next signals ... Thanks Hamid Mojarad Trader and market analyst of cryptocurrencies Senior Advisor to reput able investment companies
by HamidMojarrad
20