Is it advisable to sell gold today?After the recovery of gold for a week, we expect the price to drop to correct, God willing
Gold-short
Gold to soften before FOMC AnnouncementAt the current trajectory of the market, the price favors USD before FOMC in hopes of the dovish words 'tapering' to proceed. We've seen the market shift into a risk-off mode where funds have run to the yen as a safe haven.
As for gold, I see an opportunity for bulls to reverse as high-impact news hits the floor. Gold has currently hit a resistance point with a nice pinbar forming on H1 Timeframe. A double top formation at this key level will determine my expectation of price to proceed downwards.
Sell XAU 1777.15 SL 1782.00 TP1: 1767.10 TP2: 1761.10 TP3: 1745.10
Confluence Details:
1. Rejection off resistance key level at 1777.00
2. Bearish Fakeout Pattern in motion
3. H4 0.5 Fib Retracement level
4. H4 1.414 Fib Extension Level
5. Double Top at 1777 needs to form in order for trade to be valid (I won't enter without this)
Also bear in mind, the market has the potential to form a LL at 1767.10 and extend higher if there is enough buying pressure. Taking all profits at this is the safest option.
Other than that, Happy Trading FOMC!
GOLD corrective movement towards RESISTANCEThe price rolls back up to the resistance level after a strong downward movement. Waiting for a fall from the resistance of 1783. My goal is 1767
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD short after vertex updateThe price is in a downtrend. The price is not allowed to go up too far. Now it is trading above the upper border of the descending channel, I think that the price can cross over and fall again. My target is level 1754
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD BEARISH RECTANGLEWe are seeing a consolidation period on gold currently. It is most likely that we see a breakout downwards and a continuation of the downtrend. Many retail buyers will be caught buying in here - be cautious and look at sentiment data to see where the smart money is.
GOLD short to support levelThe price continues to fall. It trades at the moment below a strong level. I'm waiting for the price to drop. My goal is to support 1744.9
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD in flatThe price has reached the resistance zone. Locally, the trend is downtrend and I expect a struggle in the market between buyers and players. I think that there may be a false breakout and a fall in the price, which is what I expect in priority. My goal is 1793
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD short Price in a cumulative flat. I keep waiting for the price drop. My target is level 1780
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD consolidation for a possible fallThe price is consolidating after the fall. Gold was not bought much, I think sellers dominate the market. Waiting for a fall, a breakdown of local support in 1780 and a decline in the price to 1772
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD GOLD
4H time frame
Short positions and long positions
Up until December we can expect to see good short movements and also some good long movements.
I will be doing future analysis plus trades on GOLD so keep an eye out for updates.
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If you have any questions please feel free to leave me a comment below or send me a direct message.
THE CRYPTO PLANET
GOLD keep falling to support The price rolled back to the resistance zone. Reasons why you should expect a fall: bearish engulfing, which was at the beginning of the week, breakdown of the rising channel, globally gold is more in a downtrend. than sideways or upward. Gold does not update local tops, but it does update lows. I'm waiting for the fall. Target - support 1780
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD keep falling Gold in the face of distribution. The fall in prices continues. Stopping the price without a rollback and further updating the lows hints at the continuation of the downward movement. I'm waiting for the fall. My goal is support, to which the price has not reached - 1780
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD breakdown of the channel. Price dropGold breaks the channel's support downwards, the movement is 1.2%, which is enough to speak of a false breakout, so I expect a pullback to the resistance zone and a further price drop. My target is support level 1782
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: Great Trading Opportunity
GOLD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry - 1794.65
Stop - 1820.55
Take - 1755.90
Our Risk - 1%
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Sell on my gold spotI try to sell and setup a pending sell, and my tp is at my pending buy. Simple and easy. with magic setup.
GOLD: Great Trading Opportunity
GOLD
- Classic bearish pattern
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry Point - 1829.84
Stop Loss - 1859.90
Take Profit - 1784.59
Our Risk - 1%
Start protection of your profits from higher levels
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Miracle TradingA short reviews and perspective an FX and Gold Analysis
Trade setup with Sniper Entry base on Price Action
Just share to everyone who want to study Trading FX and Gold
All signal do with your own risk
Keep your Good money management and psycological management trading properly
Happy trading
lets do some fun
"Miracle Trading"
GOLD pullback to SUPPORTThe price is in the resistance zone and is not going to go higher yet. I'm waiting for a rollback to support. My target is level 1790
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD short from RESISTANCEGold is heading towards the resistance zone, I think that after updating the local top and testing resistance, the price is more likely to roll back to support. My goal is 1790
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: Short Signal with Entry/SL/TP
GOLD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry - 1794.66
Stop - 1871.75
Take - 1697.17
Our Risk - 1%
Start protection of your profits from higher levels
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XAUUSD SHORT TO 1756XAUUSD SHORT UPDATE: Looking at current price action, you can see that price has slowed down at this resistance zone and it looks like sell positions by the big players are accumulating within this region. If you still haven't entered shorts, you still have a chance before the move down begins. Could still see price accumulate within the 1804-1816 region for a little longer.
I will be catching this move on behalf of myself and my Account Management Investors.
