GOLD IS LOOKING LOVELY Setting up Gold USD for a retest at the YELLOW line. THAT WOULD BE BEAUTIFUL.
I'll be setting alerts at the LIGHT BLUE line and the YELLOW line to respond to what price is doing then.
(TRADE IDEA: You can use a sell limit for the yellow line OR wait to see if you can BUY off the light blue line using the alert)
Forex-gold
XAUUSD the expected reversal.After a strong movement in yesterday's session, I believe that the price comes to a correction, because: - a strong resistance level was not broken, the price went beyond the trend channel and at the moment there is a consolidation; a local reversal moment from the resistance level was formed. I recommend searching for short positions.
GOLD on strong resistanceHello traders!
It’s rare when there are such good trades.
Gold returned to one of the strongest levels of 1550. This level was tested 10 times in the period from April 2011 to April 2013. It is not difficult to guess that you can open a good deal.
I set the target to the level of 1493, since the price can still test this level after the fall.
Feel free to write your opinion about GOLD in the comments.
D1 XAUUSD SELL NOW + FUTURE PROJECTIONHighly respected resistance level has been obey this position is now live i have sold now and i have a buy limit order which is via the graph
Entry - as soon as possible
SL - 1556.51
TP - 1522.75
(slightly early exit to avoid major support level)
Buy limit (for later)
Entry - 1521.80
SL - 1515.5
TP - 1538.2
H1 XAU/USD + Gap analysis+potential positions in the first hoursOn the market open and if the level 1527.00 (Potental pos #1 being a sell limit order) is respected i expect a sharp reversal to 1522.8 if breached due to normal fluctuation or gapping
Potential Pos #2 must be ignored unless there's a candle that surpasses the 1527 level and closes above it and then the buy limit should be opened if respected i expect gold to goto 1532.4 (i always prioritise slightly early exits with intent to avoid major mid and big figures can that may interfere with the position)
risk to reward ratios 2.6 to 3.25
Gold short term tradeHello everyone!
Gold is in no hurry to fall, but I don’t see a choice for it.
XAUUSD achieved his goal - the resistance level of 1550 on the D1 timeframe.
We are still in the sales area. Now the price may rise to the resistance line, from where it will continue to fall to the support level of 1507
Feel free to write your opinion about GOLD in the comments.
U shall not pass, GOLDHello friend!
Gold has returned to two lines of resistance + the price is now in the sales zone at D1 timeframe.
Now we need to look for sales.
I expect a fall from resistance lines to the support level of 1495 or to the support level of 1475 (depending on the market)
Share your vision of GOLDin the comments and like if you agree with this idea.
XAUUSD short term tradeHello friends!
Gold has reached its goals - the resistance zone on the D1 timeframe.
+ XAU touched strong resistance lines.
So we will be looking for sales.
The first target is support level 1473, the second target is the intersection of the support line and support level 1447. For now, we will adhere to the first goal, and according to the market situation, I will write whether we will achieve the second target.
Share your vision of GBPUSD in the comments and like if you agree with this idea.
XAUUSD SHORTXAUUSD I'm looking for a pullback to the lows of 1480.4, as the market opens this evening I am looking for gold to retrace potentially to 1522 then waiting for candle confirmation to enter short, if no entry given and 1508.32 is broken I am looking for a retest to enter short. however if this setup is missed and 1480 is tapped I am expecting gold to consolidate and gear up for its next big move, so I am also looking at a long if price reaches the lows of 1480 and the final level of 1474.5.