Gold as a rocket.The Gold will currently fluctuate between 1936 and 1950 as after the prior jumps, the rate lost its dynamism. Now we see a period when the bulls are going to collect their strength, however, firstly the bears needs to come out from their cave in the upcoming days, as a bigger drop is predicted (from 1949 to 1928).
At 1928, the rate should stop as a new downside resistance spot. The ping pong match continues from 1928 and 1936.
Down on 1928, the bears start to reconsider their position and recognize the profit and go back to their cave and the bulls can sharpen their horns and push the rate back to 1963 and even exceed its but then the rocket will not stop before 2005.
P.S.: The bears will not be supported by the FED until May when the next rate correction can be expected.
Good luck everyone
Goldanalaysis
XAU/USD (GOLD) HAVE A SHORT TERM BULLISHNESSXAU/USD (GOLD) can go around $1846 for making a B wave of a triangle. We can see an impulsive wave on gold as a-b-c as a corrective rally for the B wave of the triangle. Gold has bounced very quickly from the recent bottom and I would like to call it's a corrective rally because we can clearly see triangle formation on a weekly chart. We are on a c wave of B wave of E. E is the final wave for a finished triangle.
Some people might have a question for me " why you still bearish on gold ? " and for this question's answer, I would like to call - silver also didn't finish the correction and DXY also didn't finish the impulsive rally.
I to measure a-b fibo extension for getting c wave target and that's target is around $1846. We can draw a parallel channel and the middle point of the channel exactly match with fibo target of the c wave. So we can most likely see correction for E wave from that point.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#XAUUSD #GOLD
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
UPDATE FROM EMA5 long target - BANKED1806 TARGET BANKED. em5 broke and opened a target for 1806 which was banked today. If the 1750 target was taken then this movement here and break above 1806 will be an area to stop out for the 1750 target. However if 1806 was targeted and not 1750 then if this fails to break and close above 1806 then a target to 1750 will be a great entry from here.
XAUUSD powerful buy signal view....
IF YOU WANT TO PERFECT BUY ENTRY PLEASE WAITE TO BREAKOUT KEY LEVEL.
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Traders, if you like this idea or have your own opinion about it,
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GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Play in Inflation TimeMostly peoples compare Gold with Crypto and they forget Gold is not speculation like Crypto mania , Gold is tested and proved from long history. When a lot chaos and uncertainty in Stock business I think Gold still a worthy and wise investment.
Buyers will take interest to buy Gold again from this level and if long play we can see 2200 to 2500 price range in 2021 to 2022 year.
GOLD W2 Aug 2021GOLD
Short Setup
Continuation trade:
👉🏻 With the recent dump due to NFP, price could be forming a huge WXY correction, with a 3-5-3 move. An extension of ABC in the Wave-Y is possible.
📰 Investors are also keeping an eye on Wednesday's CPI data.
Zones
XAUUSD powerful buy signal....COMMING
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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XAUUSD Short Tram SELL signal....NOW
GOLD CREATE SHORT TIME FAME BEARISH MEGAPHONE PATTERN.
SO,YOU CAN USE ⏬SELL LIMIT @ 1809.13 LEVEL.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SUBSCRIBE
Gold is waiting to test 1875 and 1920 breaking above 1850In the daily chart 200 SMA staying at the 1850.00 price zone. After breaking above the 1850.00 price zone next target 1875.0 and finally upside target 1920.00 price zone. 1920-1925 price zone may act like the hardest pullback zone because of the descending channel.
Before you sell from the 1920-1925 price zone, we must wait for the bearish confirmation...
Gold - we retested. Only buy✈️As I said before, GOLD will plan to retest zone 1760-1763. Now I see one scenario - growth. Target zone №1 - 1810-1815.
Target zone №2 - 1870-1875.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade