possible buy in gold with RR like in my pict
H4 - 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.
I buy with SMA20 break 2. HH breakout (watch UJ as it is corelation with GOLD)
H4 - 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.
BUY 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
We will be looking Buying Opportunity in Gold , with stop level around 1280$
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.
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...
D1 - 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.
D1 - 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 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.
Wait completion of the flag and when breakout go BUY gold until 1300.00 level marked in green. Espera q la bandera se complete y luego entra en Compra hasta niveles de 1300.00 marcado en verde.
XAUUSD has formed a bullish engulfing candle at a very strong up-trending support trend-line. SL set below previous lows. TP set at previous highs. This is a long-term buy.
Simple analysis on gold. Price has finished 3 waves to the upside and will now continue this short term bearish trend until the 38.2 levels. Afterwards we should see the final wave 5 push to the upside