Gold ForecastGold is Bullish from a long time
It breaks it's bearish channel
Probably Next Buy Zone Near
#1. 1343.5 📈
#2. 1820 📈
🤔 What is going on your mind share now?
Forex-gold
GOLD completion of growth, next step is FALLGold pushed off strong support zone 1798.44. In this zone, the support level and strong lines of June 2016, December 2015 and June 2019 intersect. From this zone, the price started to rise and now almost came to the resistance level of 1878.89. I expect a reversal from this level and a fall back to the support area of 1811.42. This will be our goal.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GBPUSD 100% correct The Analysis
I have posted on my previous analysis that if a lagging span broke out from the Kumo cloud then we should go long. You can check my previous chart on GBPUSD.
In this Chart, the Lagging span has broken out of the cloud. Signal accuracy 100% using Fibnoacci, Ichimoku and Eliott wave.
GOLD basis of GROWTH - SUPPORT line of 2018As you remember, the price first broke through the support line 1803.19.
After that, it pulled out of it and rolled back again as a correction.
Yesterday we expected the price to fall to the line at 1803.37.
And today I extend my forecast as the price continues to fall. I expect that the first thing the price touches the support line 1803.37 and only after that it will reverse and start growing towards the resistance line. Thus, my final target is the resistance line at 1850.53.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
EURUSD will be bullish this weekEURUSD will be bullish this week.
EURUSD is going up to 1.227
Breakup of a major resistance of a previous higher high at 4h.
Reaction at the essential levels of fib.
the light crude oil will be bullish next days the light crude oil will be bullish next 3 or 4 days .
it will goes uo to 68.00 for sure .
the market rejected the 61% of the fib and the area of support and also the trend line .
about the Gold TrendThe Z wave is not over but detecting the bottom of this correction takes time to complete the Z wave.
GOLD reversal in RESISTANCE zone and FALLAfter the breakdown of the support level of 1763.79, the gold price continued to move between the level and the resistance line of 2018. At the beginning of May, the price pushed back from the level and now it is not a cloud from the resistance zone at the intersection of the lines of August 2020 and March 2018. I expect the price to reverse in the 1805.86 resistance zone. After that, it will break through the support zone 1763.79 and fall to the support line 1710.34. This will be our goal.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD pause on RESISTANCE line and fallThe price resumed its decline, as we expected.
The second time, having bounced off the support line of June 2019 at point 1688.04, the price increased, broke through the support line 1726.79 and tried to break through the resistance line 1765.15. This is the trending inya of August 2020. I expect the price to fall back to support from it - 1705.63.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
MarketBreakdown | EURUSD, GOLD, USDJPY, USDCAD
❤️Please, support this idea with a like and comment!❤️
1️⃣ EURUSD - 8H time frame
The market remains bullish and trades within a rising parallel channel.
Though bias remains bullish, it looks like the pair is slowing down.
The last higher high did not manage to reach a resistance of the channel
and returned back to retest a channel's support.
In case of a bearish breakout, be prepared for a potential correctional movement.
The pair looks too overbought.
2️⃣ USDCAD - Daily time frame
The pair is very close to a year's low.
The price has already formed a dodji candle so a pullback is highly probable.
Keep monitoring the intraday time frame for a pullback trade.
3️⃣ GOLD - 16H time frame
The price broke and closed below a support line of a rising wedge pattern.
It looks like the retracement leg may proceed.
The closest support to watch is 1748 - 1758
I did not short because the price did not reach a key level within the wedge.
Instead, I will look for buying opportunities from support.
4️⃣ USDJPY - 3 Days time frame
The price has respected a major rising trend line.
The market has formed a nice dodji on that and we see a nice consequent bullish continuation.
The pair will most likely keep growing.
Next resistance - 109.7
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CADCHFPossible reversal to test trend that was broken or create a complete reversal. the head and shoulders does indicate a reversal pattern rather than a continuation pattern to go with the downside so in this case I will be looking for breaks to the upside.
🔥Nice 1:7 Risk:Reward Buy on GBP/USD!!!🔥Will be looking to enter if price reaches our zone. Confluence: Support + 61.8% fib + Trendline
Gold Sells for later on...Looking to sell Gold later possibly during the NY session. Will be looking closely at the highlighted area.
XAUUSD (GOLD) Daily Bullish View After consolidated in the level mirroring Q2 2020 price movement at 1660-1760 area,
XAUSUD form double bottom at 1675 then rebound and break above 1755 and 1770.
Based on Trading Ideas 22 March 2021: XAUUSD In Consolidation Level
that's said "A break and hold above 1770 would add bullish power to rebound targeting 1820, 1875, and 1925."
And for a while, XAUUSD rejected around 1800 near its MA 100 Daily.
And now, a break and hold above 1800 would continue its rebound to
1816 and 1856.
A break and hold above 1856 would add its power bullish to 1875, 1925, and 1965.
But below 1856 would jeopardize its bullish view to neutral.
Anyway, fail to break above 1800 would bring back down to its former resistance ( as now support) 1755
and its MA 50 Daily (now around 1745)
and open the way to retest its double bottom at 1675.
ALERT for forex gold index traders :today morning gold touch trend and daily Ema200(orange line) and fibo 161%(many buyer target
so many buyer close buys and many clever hold buy to 1920,this pull back gold down
if you have buy dont fear this is a currection
if you dont have buy ,pick buy above green arrow and hold them 10-20 day ,our target is 1850 then 1920 then 2000 then 2400
what will happend = break above high = inportant trend + ema200 daily can explode gold to 1920 like
exactly 2021-1-06 crash
ALERT 1 = 1000 time i ask all dont use levrage above 10 and for pro,safe trade per 1000$ balance lot size must be max 0.01 (10$) understand? instead big lot and little profit ,reduce size and increase point TP and wait time (tp and close must be min 3*SL) ! understand?
pro traders in bank and fund on gold use little sl=6.00$ and tp=200.00$ (wait time min 7-8day)
use above standards =little profit but stable profit in long term will big profit
go above pro standards(over size) = 5 little profit but margincall soon or late
ALERT 2= world best signal provider cant give above 6TP and 4SL , me ,myself signal is 50%-50% if you pick 100 day 100 signal you will see 50sl 50tp but my TP=3*SL so dont fear for buys put sl ounder last low ,SL is 90% of this game ! if you have problem to put SL ,go on demo and pick 10000 buy eat 10000 SL and practice control mind and practice dont touch eat
ALERT 3= do you see ever gold ,silver ,index (execpt forex) like dow dax nazdaq weekly chart? all of them main trend is + so 99% looking buy ,dont pick sell signals see germany weekly chart from 1950 70 year
secret=main trend on silver,gold,dax,sp500,dow,nazdaq is very very + for this 99% looking for buy (with SL in low) if you see market goes down like corona days ,shot down platform and go to sleep !!!
for forex,crypro,currency traders= dont trade forex,be sure forex control against technical traders by 3 big broker(bank like douche bank) gold is easiest instrument,frist win on it (gold secret=super trendy ,never reverse posation on it , try with buystop on high ,inter trend ) or if you love zigzag market,reverse posation try germany index dax (need min 9 month demo) FDAX1!
en.wikipedia.org
GOLD: completion of correctional movement and return to allLast week ended with the price breaking through the support level of 1760.82. After that, it continued to grow and came to the resistance line of 1791.20. This heavy line of resistance emerged in August 2020. Despite the rare breakouts of the line (for example, during the turmoil in the US in January), the price fell after each touch of the line. Therefore, now we can expect that after the breakdown of the level and the reversal, the price will fall and return to the support line 1694.05.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
The Box is Broken! Now, How long are bulls gonna run?As you can see in my previous analysis on XAUUSD, the strong support line resisted against bear pressure (which was heavy!!!).
Now a big daily box and also a little one are broken at top. Adding the fact that the double bottom pattern now can be assumed as completed, we have a short term and lo0ng term scenario:
SHORT TERM: The red resistant line which is a strong one ever since the big downtrend has begun will stop the bulls at 1792 area. Then we can expect a pullback to 1760 ( even 1755) area. So daily traders should be aware.
LONG TERM: We can expect that not until the time US10Y and DXY show another sign of growth, GOLD will rise. 1835 could be a late target. So patience would give you more reward.
AAAAAnd,,, To refer to oscillators, caution is here. RSI (5) is near 70 at the time of writing.
Another AAAAAnd,,, is that the SMA (50) is now considered as a support.
I hope this gives you enough sight to trade good and also to see your comments bellow and your ideas too.
XAUUSD to fall soon?Hey everyone! So, it was earlier said how prices would shoot in XAUUSD, which as we can see has occurred. Simultaneously, it was forecasted that prices would rise- like they have- correct and then fall a lot. We can see this starting to take form and prove the forecast to be somewhat accurate so far. Any ideas or suggestions would be appreciated.
1:40 Risk:Reward Buy 600+ Pips, Pay Attention to EUR/USD!!!EUR/USD is heading towards a strong level of support after plummeting in the past few weeks, mainly due to a strong dollar and covid-affected Europe. For this Bullish move to happen we need DXY to reach $94 where it encounters resistance boosting our case for a upward move. Lots of retail traders (myfxbook sentiment showing 85%) have been longing the euro too early and are not prepared to do the fundamental research behind the way the pair is moving. Will be looking at a very aggressive entry with a very small stop loss, which can definitely be widened to be safe. Will re-enter up to 3 times if stopped out, this a move that cant missed.
