GOLD-BUY
Gold Buy Setup What gold when it touches the white line. We already have divergence on the lower TF. This will give us a flat correction for one more move up before going down.
Thoughts on $GOLDThere are many questions about the future of $GOLD - looking at a combination of classical and elliott wave it does seem likely that the inverse head and shoulders pattern targets a move to around $1500. Trying to match this with an elliott wave count the current primary wave B seems to target $1500 as well. This leaves a the big C wave to complet the bear phase that began in 2011 - Comments please
Gold AnalysisWith NFP happening this Friday and the potential tariffs being put in place by Trump, gold is in an interesting spot. I am still very bullish on gold overall as we closed above the 1300 price level on the monthly chart. From the looks of the daily chart, with downward momentum, we could fill that big daily wick down to about 1305, but I don't see it going much lower than that. I would look for potential buys from an overall bias, with a long term target of 1400
Gold Head and Shoulders Place an Buy order at 1333.36$ with SL at 1320$ TP1 at 1342$ TP2 1356$
goodluck
Gold buy trade in H1this is my prediction.gold will up in this area...happy trading..... follow me ill share free analyse in here....
Long term bullish on $GOLDLong term bullish:
1. Ascending triangle breakout
2. Head & shoulder reversal
3. Bullish monthly engulfing bar (December 2017)
4. Retest of long term resistance
Entry range
1.$1300-$1330 (on lower time frame)
2.Definite breakout of $1350 resistance
3.Breakout of $1350 resistance and rounded retest
(Resistance turned Support)
$GOLD
XAUUSD pattern completedAs we shared yesterday there was ABCD pattern, it's completed today and know we looking for the targets
its marked by green lines tp1 @1278.10 and tp2@1282.80 and our stop loss a few pips under point D ( i marked redline @ 12.71 )
Good Luck ....
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Gold Buy IdeaH4 - Bullish divergence followed by bullish convergence.
We also got a false break and a breakout of the last high.
We can now look for a small correction and then join the buys.
34 : Buy Gold with reversal???I buy with SMA20 break
2. HH breakout
(watch UJ as it is corelation with GOLD)
Gold Buy IdeaH4 - Triple cycle with double waves inside. We also have bullish divergence.
D1- Price has reached the magnet zone.
H1- We have a false break if we get a breakout above the last high, look for correction and once the correction completes itself, we can start looking for buys.
The breakout of the last high will also create higher highs for us.
GOLD Buy SetupBUY GOLD after breaking 1313$ or after retesting the broken descending line near 1300$ placing your Stop Loss at 1285$ and Targeting 1350$ for Medium Term and 1400 for Long Term.
Good luck
Short $XAUUSD/Gold based on time intervals just noticed the time interval pattern, so it looks like we have peaked on this run and we have approximately 1 month per move. Looking at the pattern I believe we see close to 1200 by the end of August so going to try to trade a short based on time intervals, short from 1268.
Gold Buy Idea Updates and Follow Up We got correction and buy opportunity towards the top, that is exactly what we were looking for.
Divergence on H4 and H1 chart.
I expect to see a potential divergence that we have at the moment, with another push up reaching the top.We may also see a false break and then a move down.
Its time to get ready for sells. If you didn't already collected your profits, prepare to cash out now.
Invalidation - if we get a break above (confirmed breakout, not a false break) the top we are following around 1295.40 the sell idea will be invalidated.
Gold buy IdeaD1 - Price is moving indie a range
Potential bullish cycle that ends near the end of the range and divergence starting to form.
H4 - Look for correction to happen and then buy towards the top, where we can switch for sells after confirmation for a reversal.
Gold Buy IdeaD1 - Price is moving inside a range and we have a divergence with false break.
H4 - Bullish divergence
Conservative Entry - Wait for a breakout above 1229 25 and after corrections, we can look for buys until last low holds.
Potential risk reward ratio here is very good (aiming top of the range as final target ) so use very small risk.
Gold Long Position on Daily Chart. Gold well Supported on Deeps!Gold futures are well supported from buyers on deeps this year. We are betting on continuation of the current bullish sentiment and initiated a trade with Reward:Risk ratio of 1.02.
