GOLD-BUY
Gold Daily TimeframeHello everyone!
As We can see Gold is moving up faster, It may give us a pullback, but, It is likely to break the structure above, and, If it breaks above the resistance, We may look for a buy setup, If not, We will look for a strong rejection towards downtrend, and, that's where We could open a short position, so yeah, this is my opinion on Gold, Please don't take my words and predictions to apply in your entries, try to do your own research.
Thanks for reading!
Kind regards
Ameer Abbas
Xauusd Buy setupAm looking for long trade @ 1810-11 with 1820 take profit ...
Its just my randome analysis. Trade at your own risk.
XAUUSD Buy EntryThis is what guided me in taking gold. First, we had an engulfing bar, which was also a break-out bar. That was the perfect entry but I was not online. So I waited for a late entry. The trend line that was also acting as resistance was broken. Then it was retested by several bars...we then got a railroad to show bullish strength and lastly came a breakout bar that started off by retesting our trend line, now support... There is never a sure trade in FX. So we look for confluence...many things aligning in our favor.
Btc update : What's next ?Hello traders , Today i'll share with you my analysis of Btc
as i expected in my last analysis that the breakout support of 47.5k is a false breakout .
Btc now need to break the resistance of 49.5K ( white line ) to move to 50.5k again.
important level :
50k resistance level
47k/46k/44k support level
i'm out until the breakout of 50k resistance with daily candle .
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Have a good day .
GOLD: Long to resistanceAnd so, gold continues to test the resistance of the channel. On retest, the channel is broken and at the moment the price is above the border. I am waiting for a pullback and consolidation with a further rise in the price to the resistance of 1828
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD: growth to resistance And so, gold breaks up. Locally, the trend is upward, this is confirmed by the second impulsive upward movement. I think that in the near future, gold may rise to the resistance of 1833
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD: Long after consolidation And so, gold makes a deep false breakout, goes back beyond the level. After consolidation in the long zone, above the level, I expect the metal price to rise to the nearest resistance
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments