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Gold-short

GOLD FALL and back to SUPPORT levelAs we remember, at the beginning of January the price collapsed about the resistance level of 1959.22, after which it broke through the support zone - at that moment of resistance - moved in the zone without leaving it for several days, and then touched the support line at 1818.63. From this line, the price started a new growth and eventually managed to break through the support level of 1847.31, and then come to the resistance line 1872.96. This corresponds to the first scenario of price movement, which I talked about at the beginning of the week. It is worth clarifying that the resistance line to which the price has approached is very strong. The first touch of this line occurred in May 2019. Therefore, now I continue to expect that, before continuing to move along the first option, the price will reverse from this line and fall. This drop can be regarded as a correction to the previous growth. I expect the price to come to the support level of 1847.33. 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
43
Gold USD technical analysis Hi everyone. This is my next analysis on gold. First level to watch is ~1886 where 61.8 fib lays, where we may have a pullback, the next important level to watch is 1920 where 78.6 retracment and 50% from a full slide. And after that I'm seeing gold to go up to ~2010 where I will be positioning myself for short up to 1686 where we have 61.8 fib, previous high, also confirmation of accumulation zone from 20 april, 1 may, and 8 june, just before the rally started. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
FX:XAUUSDShort
by Coder775
GOLD reason to fallThe price came to the first of my targets. January 18: Gold pushes back from support 1824.92. Growth began. January 19: the price came to the resistance of 1856.42. After the growth from the support, the price is in the resistance zone of 1855.70. This is a strong zone formed by the two lines of 2020 and 2019. This is the reason why the price cannot break it. I expect the price to fall to support from the resistance zone (the upper border of the channel) Target - 1813.29. --------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDShort
by DeGRAM
8
GOLD comes to strong RESISTANCE and FALLGold has finally moved out of the zone between the support line and the resistance, in which it has been moving over the past week. And now the price is showing confident movement. After touching the support line 1818.59, the price started to grow, then moved with a minimal change in positions for several days. And now it has definitely continued to grow. During this growth, the price, as expected, broke through the support level of 1847.33. And this important breakout is another reason to expect the price to continue to rise. However, the price is close to the strong support line formed back in May 2019. It is likely that in the near future the price will be able to break through this line, but for now I expect it to touch it around 1867.24 and then fall back to the level. So our target is support level 1847.33. 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
16
GOLD comes to resistance zone/ FallGold has advanced on my target that I outlined yesterday. After the price broke the resistance of 1859.06 in mid-December, gold left the falling channel. It rose to the top of 1959.95 and collapsed. During the fall, the price was able to break through two resistance lines. The line of September around 1859.06 and the line of 2019 1850.04. The other day the price touched the support 1824.61 (the upper line of the falling channel) and started a new growth. I am looking forward to the next price movement. First, it will break through the line 1850.04 and come to the resistance zone. Secondly, it will fall and come to the support line. The target is 1812.31. --------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDShort
by DeGRAM
8
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price. My approach will be a sell here at current price 1908 Potential downside target 1886 Maintain stop loss around 1924 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
OANDA:XAUUSDShort
by Professor_GS
1
GOLD Came to RESISTANCE. Next - FALL.Gold started to fall from the resistance line. Let me remind you that this is the first step of my forecast since the beginning of this week. And this step has already brought us at least 170 pips of profit. Now the price starts working on the second step. Namely, Gold, having come to the resistance line 1951.71, from which yesterday we opened a sell deal, began to fall. Although the price is still at the SL border, I continue to expect a fall. Let me remind that both of these lines are the boundaries of the rising channel, formed in November 2020. During the growth in this channel, the price has already managed to break through the strong support line, which has been defining a downtrend since August. Now the price is at the upper border of the channel, the resistance line. It has been moving along the line for the last 24 hours, having well fixed itself on it. And today it has obviously begun to fall. And now I expect the price to continue falling and come to the support line of 1907.12. 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
96
HUGE SELL opportunity For GOLD !! 400 PIPS I have marked out the phycological stages which GOLD has reacted to well over time along with Keys stages following the graph to the beginning of COVID . there is a HUGE SELL opportunity for gold right now we are going through some consolidation after the rally over Christmas. For the trade we are looking for a reversal pattern along side Bearish candlesticks patterns such as a shooting star , and Three black crows and Evening Stars . this will give us a clean confirmation. Entry will be best at the top of the box or wait for the retest to Enter just before the big movement. in my chart all key stages and near by phycological stages are marked . For the fundamental side we are looking for some over all good about the USD or the EUR this will assist the movement to the downside! OANDA:XAUUSD CURRENCYCOM:GOLD happy to hear your views and opinions thank you!
TVC:GOLDShort
by TinotendaM
2
GOLD touch RESISTANCE and FALL So, the most important thing that happened to the price over the last week was the breakout of the strong support line - at that moment of resistance - that was defining the downtrend in gold since August. Let me remind you that during all this time the price made only one false breakout of this line during the US elections. On December 30, the price touched this line at the point 1895.73. It made a slight rollback and in the new year broke through the line and immediately went into strong growth. Thus, breaking the downtrend. This growth also takes place within the upward channel, which was formed at the end of November, when the price bounced off the support line 1765.29 and began to rise. And right now the price is near the upper border of this channel - the resistance line. Therefore, the first thing I expect from the price is that it will complete the growth and touch the resistance at 1946.01. Then it will turn around and start falling. During the fall, the price will come to the support line. So I expect a target of 1904.75. 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
53
GOLD BREAK support line and FALLSo, the price continues to move in an upward channel, which formed in late November - early December after the price broke through the support line 1806.93. After the breakout, it touched support 1768.05 and started to rise. As a result, this line of support became the lower border of the channel. Last week, the price touched it at point 1858.13 and started to rally, but the growth was interrupted in the middle of the channel when the price came to the resistance line 1900.47. This line has existed since August 2020 and, as you remember, it was exactly the basis of the global downtrend. And this time the price also collapsed from this line. Now the price is within the support line 1871.32, but this time I am sure it will break through it. Since the resistance line from which the price falls is older and stronger than this support line. Thus, I expect the price to break through the 1875.07 support line, after which it will correct and consolidate on it in the area of ​​1881.23. In this case, you can open a sell trade either immediately after the line breaks out or after waiting for a correction. As a result, the price will fall to the support line at 1841.58. 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
44
GOLD start FALLING from strong RESISTANCE lineSince August, the price growth has been stopped by a strong resistance line. It is also trending - it directs the price in a downtrend. During the fall at the end of November, the price came to the support line 1803.05, broke through it, and then returned to the line. A small ascending channel originates from the breakout low of 1766.14, in which the price has been moving since the first days of December. The price broke it only once, in the middle of the month, going beyond the resistance line. Otherwise, the pair continues to grow in the channel. Last week, during the movement, the price just dropped to the lower border of the channel, the support line 1857.54. Where it pushed off and started a new rise to resistance. It is not only close to the upper border of the channel, but also from the resistance line formed in August. I expect the price to begin with a correction to the support line, touching it in the 1878.27 region. After which it will turn off and grow to the resistance of 1904.24. And then it will leave the canal and fall to the support line 1844.30. This will be our goal. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
OANDA:XAUUSDShort
by Lingrid
52