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Gold-short

GOLD forecast update / FallThe price returned to the resistance line 1728.59. Having reached the first goal of my last forecast. And now I am updating the idea. The price will not continue to rise, but will go down to support. After the price has risen to the resistance of 1728.59, I am waiting for a reversal. This line is July 2020. I expect the price to fall from resistance to the support zone. target - 1678.94. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAUUSDShort
by DeGRAM
6
GOLD good position to open a SELL TRADEGold price, which started to rise last week from support zone 1683.09. On Friday, it stopped at the resistance line 1735.13, after which it rolled back and returned to the line at the point 1730.63. This resistance line formed last August in the middle of a major downtrend in which price is moving. At this line, the price has repeatedly made corrections and sometimes changed the direction of movement. So now, after the price has settled so well on the line, I expect it to fall again. And this is a great position to open a sell trade! I never tire of reminding you of the importance of SL - Look for it above the resistance line around 1747.23. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
3
GOLD: fall or correction?The price worked out the correction in the support zone 1711.66. It initially came to this zone after the growth from the support at 1689.45 (intersection of the trend line and the channel). From the upper border of the zone) 1749.57), the price corrected to the lower one (1711.66) and we can expect that it will continue to fall to the lower border of the downtrend 1682.65. SL - 1762.68. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
OANDA:XAUUSDShort
by UnknownUnicorn15614419
7
GOLD ANALYSIS- UPDATEDon't forget to hit like and leave comment down below! 👍 Hello traders! Here is my update on Gold from yesterday. As you know I was waiting for a re-test, which happened as you can see on the chart. This is a great opportunity to enter a short trade and catch some pips! If you want further analysis please visit my previous analysis linked down below. 📈📉Trends: ⏳ Weekly- bearish ⌛️ Daily- bearish 🟣 Purple zone - Weekly key level 🔵 Blue zone - Daily key level Trade will be taken only if all conditions were met. Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨‍👩‍👧‍👦 Have a wonderful and profitable day! ❤️ - ProfitalzTrading
OANDA:XAUUSDShort
by profitalztrading
5
GOLD touches the strong RESISTANCE zone and FALLThe price movement is in line with my latest forecasts. Let me remind you exactly how this movement develops. First, the price dropped to the support zone, breaking through the level and at that point turned around for a new growth. After that, for some time she moved within the zone. In the end, the price started a clear movement, rose from the support zone at 1771.16, broke through the support level at 1800.37 and continued to rise. Now the price is still growing. And I expect that first thing it will come to the strong resistance zone 1832.20 This zone is formed by the resistance lines of August and June 2020. And from this point, I expect the beginning of a new pod. So my final goal is 1800.37 support level. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
2
GOLD touches strong RESISTANCE zone and FALLThe price movement is in line with my latest forecasts. Let me remind you exactly how this movement develops. First, the price dropped to the support zone, breaking through the level and at that point turned around for a new growth. After that, for some time she moved within the zone. In the end, the price started a clear movement, rose from the support zone at 1771.16, broke through the support level at 1800.37 and continued to rise. Now the price is still growing. And I expect that first thing it will come to the strong resistance zone 1832.20 This zone is formed by the resistance lines of August and June 2020. And from this point, I expect the beginning of a new pod. So my final goal is 1800.37 support level. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
24