well here have good chart pattern where we have to wait a while and wait for our point and if it reaches our point then we can take an entry according to our analysis
Given the breakout of gold to the upside, this recent daily candle showing some clean rejection, I see upside on Gold, this being a sound entry. I am a perpetual "Gold Bull" full disclosure. Happy Trading. 1% Risk 2:1RR.
gold in downtrend & complatly Down Channel in 1730 or 1680 Gold can corection move to 1780 & short from downtrend to new lower low maybe 1680 or 1650
hi this is my trade on xauusd i seen a bearish channel and price on midline ,also in 15 min chart i seen a reverse hammer so i think price can reach bottom of channel risk to reward +6 dont forget to like and comment below
so put buystop on yesterday high is good idea (low size sl= 1850) Alert= break 1870 big trendline is 2nd powerful buy signal , gold can go to 1940 red trendline even 2000 again !!!!! i pick buy in low 1832 and move SL to open price now , i want wait 4-5 day to 1940 (fibo 61% there) note = Gray arrow on chart = old orders on pervios analyse IF YOU HAVE...
1/50 risk to reward Entry 1873.6 Stop loss 1871.1 TP 1 1910.0 TP 2 1950.0 TP 3 1990.0 Use small risk Remember this is no financial advice.
here it looks like the market will continue to go down and touch out orderblock, as consolidation continues there migth be a slight over sell but will continue to go up according to the news.
We are seeing the formation of H&S from the 1850 zone.
As we approach the beginning of the week we are trading amongst USA bank holiday (Monday) and a strong high supply level. I see gold dipping around the 1820-22 area to 1802 for cheaper buy setup! 1:3 RR Lets Go!
This is my gold long position idea based on fib drawing tools.
Gold , XAU/USD , I hope everyone out there had a good 'New Year's Bash'. Well now let's get back to work. As shared in my previous chart we talked about buying small lots @1785, and I hope you all closed it with insane pips of profit. As we see the precious metal hiked upto 1831 this week. As I have been got cut up partying too I couldn't manage time to share my...
As shown in the graph it is time to sell xauusd (Gold). The prices of gold are over bought at the moment and it is time to sell
GBPJPY is trading in a bearish parallel channel. Current price suggest the activity is slow down near resistance. Two things can happen now!! Trade plan 1: Buy when it breaks and close above the channel TP: 157.380 SL: 156.420 Trade plan 2: Short when it test the trendline or resistance zone and close with bearish candle TP: 155.600 SL 156.850
We predicted gold to 1750, some people laughed. Now wait for 1743 then press Buy (Risk disclosure) Trading foreign exchange carries a high level of risk and may not be suitable for all investors/traders. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign...
Gold looks good for a long term sell position. It is currently on a very strong bearish trend, thus we should expect ver strong bearish moves.
Here gold has to take support of 1848.. I don't thing it will break 1847.... Before any close below 1847, gold has to bounce till 1840-1860 It's purely based on astro... I recommend to buy keep sl 1848 below close.... But it's impossible Thanks & regards K Sureshkumar