Bearish GOLDIf support will breaks with a good candle then we have a good short deal to next support for today !
Gold-short
Gold Short Term ForecastD1 - On the daily chart the price respected the resistance zone and is holding below it. Bearish divergence.
H4 - On the H4 chart the price is moving inside a range.
While measuring the first wave we have with the fibonacci expansion tool the 61.8% (1750.62) fibonacci expansion level coincides with the top of the range which makes this area a key resistance zone for us.
Until this key resistance zone holds my short term view remains bearish here.
Gold dips again into short fallOANDA:XAUUSD
PS: its just analysis market can vary over the time, better to double check before following this analysis.
Good as Gold? Trade idea could Gold fall? ShortHighly speculative as traditional indicators only suggest neutral movement instead of correction!
However, all markets seem very jittery and prone to exaggerated movements currently, so could Gold suddenly reverse and ignore normal trend of falling when stock market rises with good economic data is released and rising during this current period of uncertainty/ Is it still possible for Gold to hit target of 1776 this month? Hell yes but a major correction possible as the World struggle to regain normality,
So entry would be after initial market opening for Monday order completions, however, expect any move below 1723 to be significant and lead to s ell off all the way to TP1 at 1712, tp2 1701 and tp3 168 0. Therefore entry after retest of 1723 and the ride down this move could take 1 day to 4 days to complet e. Will it begin 15th June or 16th June is only consideration? Remember, if taking this trade on, the risk, if a recommendation required should be more than 5% and move your stop loss after day 1 of trade to accommodate a risk free trade.
This is a volatile market so losses are part of trading and the downtrend looks promising from here.
If you make money from this trade tell your friends and contact me by dm, We at IM Academy would love to teach you more. Come and join us.
Catch more pips today!
GOLD Short - 6HBearish Channel And Broke Resistance
Retest Due Of Both
Also Between 61.8 & 78.6 Retracements
Watch Out For NFP & Any Other News
Huge Downward move comingGold retraced back to the 23.6 level and broke the 4hour Trend line. Currently creating a corrective move on the 1hour time frame. Await a breakout of the trend line and aim for 1550 level. I expect it to go even further
Bearish on gold. topped out. one more up at besttargets are daily and monthly L3 and 4... perhaps lower. Stop loss daily or monthly H3-4. there is an Head nd shoulders on daily
using Camarilla pivots method
my idea bout THE AUDUSDthe orice is going short if the price break threw the support line then go for short
Overbought - shooting starGood opportunity to short on Gold.
Overbought and a shooting star confirmation.
XAUUSD SHORT Looking for further downside on XAUUSD coming into next week. we should see a pullback before price continues lower. Looking to sell around 1705
Gold in short temporaly timeframeWell, in this second technical analysis what I make, I see a Gold bearish until the $1,722 USD until this price, because, rememebr we are in the formatin of shoulder head shoulder inverted, and so, I make a shorting movement to earn benefits in short time until the gold form the next right shoulder what is working. And so, I use 3 EMAS:
1. EMA 100
2. EMA 50
3. EMA 21
For proyect what gold make!!!, for this moment in H1 timeframe.
But if you see in this timeframe M30, I can see that gold want to active my sell order limit at 1,738 USD. And so, this is very interesting what Gold want to leave at the red EMA 50.
XAUUSD - GOLD 1h TIMEFRAME LONGS 110 pip guaranteed profit!XAUUSD gold 1h timeframe longs target into 1725.00 entry at 1740.00 stop loss at 1707
XAU/USD ShortThis might be the case for gold. I'm waiting for the breakout and will consider entering a trade. Let me know what you guys think, share your ideas with me please let's help each other. :D
XAUUSD 1716$ take profitGold is breaking the 0.38 FIB and is heading towards the 0.50 FIB (around 1716$ take pofit)
stoploss 1733$
risk reward almost 1/3 (3.8)
XAUUSD SELL - LONG RUNLikes and comments if you want more trading setup. Thank you!
Visit our channel!
The price has reached the
resistance, and formed a bearish.
Also the price broke the
support from 1730,that confirms
that it will go down.
I expect to reach the support from 1662
GOLD shortthe price has reached the resistance line and now I expect it to fall to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
