Gold-trading
GOLD trading ideawe expect in case gold remains higher than 1780 to go in a huge move up to 1916 again before any move down to out target at 1530 by the end of the year.
and thr rise of gold is expected by the begining of 2022 with levels higher that 2000.
keep in mind that this is a long high swing
Nice 1:10 Risk:Reward Sell on Gold!Dont usually like to trade NFP week, but im anticipating positive US data based on the bearish signs gold is showing (multiple wick rejections, stop hunts to the upside etc). tommorrows outcome will have a massive affect on gold in the short term, as it gives an indictation as to whether the fed will taper.
Looking in to gold short trades.In this trade idea what I will be looking for is I will be looking for gold shorts.
What we saw last week was a very strong bullish rally to the upside and what I am anticipating is for gold to respect the resistance created to @1832. Now that that we have seen a dump off to the down side I would like to see gold pull back to the old level of resistance as a retest and then continue to the down side. What we can also see is we are in a very strong bearish trend and should respect the trend and continue to the down side.
DeGRAM | GOLD Consolidation breakout. Short As I said, gold went down from accumulation.
There is enough energy to pass even before support.
The trend is downtrend and I expect a touchdown by a false breakdown to the level of 1723 and a further return to the borders of the downtrend.
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Gold accumulating?in the previous post i mentioned that a dip lower would not be ruled out. its looking more of a likelihood that we could get a move down to shake out any early buyers and potential sellers. i still strongly believe gold will rebound, but anything is possible. should gold break the 1750's, id shift to a more bearish outlook to take out the march double bottom
XAUUSD - Bullish Divergence?Current Trend: Bearish
Momentum: Bearish
RSI seems to be in a channel with prices making a wedge. Prices showing lower high and lower lows but RSI is showing higher highs and higher lows.
Possible divergence into a reversal in the making?
Best to see if price breaks the descending trendline to look for buy opportunities.
As per planetary cycle GOLD next moveHere 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
[XAUUSD Short] 25 May, 2021 25 May, 2021 - Roger V Trading Ideas25/5/2021
XAUUSD
Entry Resistance level idea:
1880.00 Resistance
TP Support level idea:
1838.00
Final SL for all Short positions:
1896 Resistance Level
1909 Resistance Level (Final)
Comment:
This XAUUSD Gold trade ideas was made on the 25th of May 2021 on FB Group. However, did not get a chance to comment on here.
As far happened since 25th of May, the trading idea stoploss was hit at 1896 for the first order in. However, the second time in should be at around 1906~1909. The trend tested its resistance, and did not breakout. Meaning that, the trading ideas for gold valid.
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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
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Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
DeGRAM | GOLD consolidation Although gold has exited the channel, there is no confirmation that the instrument has changed its trend to a downtrend.
If we traverse the channel, then we see horizontal accumulation, range, a clear lower border (3 touches).
The trend is upward, the global key point has not been reached, it is possible that large players do not have enough energy and it is necessary to accumulate it before the distribution and achievement of the goal.
For now, I'm sticking with long formations.
I expect growth from 1855 to the border of the canal.
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POSSIBLE DOWNSIDE RETRACE & NEW LONG TARGET on XAUUSDAs per analysts the daily descending channel has been broken out to the upside and price has entered the new parallel channel.
Price stopped growing after approaching to the new channel’s middle line which acts like a resistance level sometimes.
CCI is in the overbought area and shows a negative regular divergence: although price has risen, CCI is making lower highs.
RSI is in over 70 and ready for short down move.
The experts expect a pull back and a downside retrace for price around 1820-1850 and then a rise from that level around 1950-1960.
Gold - Long Pre US Inflation DataGold has consolidated above support at $1820 and we expect the precious metal to continue it's upward momentum due to fears over rising inflation. Additionally, a much lower than expected payroll number last Friday further fueled Gold prices as we await US inflation data later today for any significant price action.
GOLD (XAU/USD) – Week 19 – Targeting the trendline.In our previous outlook, we correctly forecasted that Gold will continue to rise.
For this week, we are expecting a corrective price drop towards the “small block” that could be the trigger for further bullish momentum. The price is expected to rise towards the Daily Trendline highlighted on our chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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🏛GOLD WILL GO UP FROM SUPPORT LONG🚀
🏛GOLD broke a strong resistance level
As well as dismissed the falling resistance line
And is now retesting the key level to gain strength
For the further move up to the local highs
Wait till the support is reached and buy
LONG↘️
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