Goldanalaysis
Gold trading for today as 07-04-2021dear fellow traders,
Gold reaches its top last night before going down as predicted
see the H4 chart, it was a nicely made reversal see also 15M chart where trend breaks
as always watch out for strong support and resistance area
DR area could be 1730 - 1742.50, normal DR area
for swing trading today is likely to be SHORT
happy trading
XAUUSD (GOLD) SELL FROM KEY ZONEAs i am watching this pair we already achive TP-1 on our previous analysis @1797
as i told u you guys after breaking strong support zone @1850 which was the most important level
for gold now it become a resistence and we are expected a retrace till 1825 -1830 zone and after that gold will start
drop again till new given Tp Friends push like and comments Follow us for more updates
XAUUSD (GOLD) SELL LONG TERMAS I CAN SEE GOLD IS LOSING STRENGTH AGAINST US $
i had draw a pretty easy chart to understand easily why gold is losing strength against $ by technically
and there is alote more thing fundamentally that is show us US $ recovery starts
gold price best and safe zone design with all new TP in chart & it is valid if it hold current levels and not get breakout @ 1900
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Gold On the Strong line RejectionAs you see on chart. I have opinion on Gold. I think will grow up.
Sometimes need long long time get 1900 as resistance.
There is failed pattern to create HnS and 3 times rejection price.
Now find DXY below.
What do you think? I think DXY will faling down from resistance and make gold raise in the future.
If you have any idea. write comment below. glad to hear that
GOLD BEST BUYING ZONEAs i can see gold id trading above 1850 strong support zone which is a best entry for buying tin 2021 there is 2 major more support zone @ 1830 and @1800 till
design levels fundamentally Stimulus deal is support DXY but till how far,,, printing more money is not good for economy and its just starting of 2021
we are buying gold for each low on 2021 soon incoming days we expect some great bull moves so dont miss the train use proper money managements
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XAUUSD (GOLD) BUY MORE FROM SUPPORTAs we can see Gold Global Trend is highly bullish and now it has broken two important resistance zone which become support now
in our previous analysis we had booked huge profit on gold more then 600+ pips and now we are still buying gold till US Index touch monthly and yearly support zone
near @ 88.50 so we are holding this shiny metal for long till design new TP with revised SL
those who missed the train can join the rally and dont forget to push like and comment
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Gold Crash next to follow oilThis is a massive Bearish pattern. Gold can rally higher from here to 1740 ( we have stop at 1750) or it can break from here. But there is nothing Bullish about this, Banks positions are 90% long on Gold, as also retail traders who believe all news out there of gold rallying to 2000, 3000 this year which will make gold do a massive dump to margin call all this people buying Gold Non-stop. Do not forget gold is the most manipulated metal in the game right now so dont believe what the charts tell you when you see a possible continuation of a big trend comming.
I've opened a sell at 1732, Stop loss 1750, first tp 1620.
Then I will keep selling at retracments/ possible future accumulation zones of the Price.
Think the dump will be to 1300, maybe 900 till end of the year.