XAUUSD wait sell downI expect a price increase to the resistance line. When I get into the sales area - "Sell". And then go to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Gold-short
Buy Physical Gold @ Accumulation Range of $1200- $1400I think we have a pretty clear top on the monthly with Fibonacci bringing us back to the 50% retrace level if not even further down. Overall I think $1200 would be the bottom but I can't say that we would actually get there. I think I would start buying at $1400 and average down for long term physical investment. This is a long term idea on physical not a short term paper trade.
bearish mouvement expected XAU/USD if the price goes down and exceeds his actual price just by 0.50 so it's a down trend
GOLD weekly - Not the candle the bulls want to see.Weekly candle closes forming a Gravestone Doji after the completion of the "Butterfly" extension pattern confirming the view posted the 16 of April. Probabilities to go back into the 1630s are quite high. However the price is still above support that might suggest rising in price at the beginning of the week giving good opportunities for short entries.
Gold futures - shorts from the level? on the monthly timeframe came to the level on the overvalued ATR.
on the weekly timeframe the level is the same, came up on a normal ATR if you compare the last 5 candles.
on the daytime timeframe closed under the level. Could be a breakthrough, but only after consolidation.
I'm counting on a false positive.
on a 4:00 timeframe. wasn't going to make it to the level.
indicators AO, RSI show that the price goes up without a driving force.
the scenario on the chart.
GOLD "THE BIG SHORT" SOON.... OR NOW!. Gold we have a great and potential opportunity. We could now go on sale, keeping a correct management of the capital, since it is very possible that it will reach the 1800s. Or wait. But the fall is imminent, we have strong resistance which combined with our patterns, should send the gold down.
Gold Daily view taken from Weekly chartThis is a closed in view of My weekly chart on Gold, (Please see chart link below), I originally done the analysis without fib lines, but decided to show them for the fib lovers.
Gold Long Term projection, Short to LongFollowing on from my previous two ideas’, 'Gold to 1700 soon, 1800 not long after', (see below), shows the rise as projected but with some correction first, because of this correction I see gold dropping from below the top of the fractal and not above as shown, this is also the same as the copy fractal from 2013. (see Gold south to north projection with pace below), although the momentum may continue North I believe a correction is still required to give Gold the thrust to new highs possible areas of retracement to:
1453, possible but I believe not enough correction for new highs
1383 - 1363, I believe the most likely of the retracements with the correction required, but if momentum drops here I see a further slow climb before a further break to new highs
1286, Massive correction a push North would be with pace, this would also follow the trend from 2013, so very much still on the cards
XAUUSD Long OppurtinityHello Traders,
Here's my analysis for Gold, could be a short term buy if it breaks the wedge.
Trade Safely
GOLD - Rising WedgeGOLD is showing a rising wedge pattern all the way to the daily, which suggests a bearish reversal.
Usually in a wedge pattern, price will reverse for the movement from the bottom of the wedge to the top. This level also happens to align to near the .618 fib level.
For confirmation I would wait to enter until we see price close outside of the bottom line in the shorter time frames.
JNUG Short-term PennantPennant setup may indicate a break down will continue after the previous fall. It will be interesting to see how this plays out.
Gold shortCalled this trade on gold this morning, heading towards profit. Now moved to break even stops
GOLD Back to $1560, Temporary Ceiling In. I think you will see a perfect 38.2% retrace on the recent low to high Fibonacci measurement. Further downside is possible though.
GOLD (4h) - CRITICAL ZONEGold could be ripe for a short. No guarantees.
Disclaimers : T his is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
