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Goldbuy

Gold bull looking to 1850-1870Gold bull looking to 1850-1870 H4 Time Frame Gold is rising 11.6% from the Triple Bottom pattern that was formed. Earlier I pointed to a pullback from resistance. The technical fall was stopped at 1730, after which the price returned to retest the 1775 zone and the bulls are overcoming the hurdle. The price is above the uptrend line formed since August 2018. Gold is now in the long zone of the new 1775-1878 range. The trading instrument opens for itself a new upside potential. Important targets: liquidity zone 1850, resistance 1878 and liquidity zone 1900 keep stick with bulls so you can grow your account easily Best of luck guys
OANDA:XAUUSDLong
by professionaltradersfx
Gold price remains above last weeks lows; further upside? Nov 29, 2022 Daily Insight Market Talk EUR/USD failed to hold yesterday’s high; traders may have moved into the USD in front of tomorrow's Euro area inflation data USD/JPY lower after Japan retail sales increase for the 8th month in a row Brent/WTI crude oil higher on positive supply/demand news; reports OPEC+ may cut output at its December meeting; brent finds support at $81 key, faces resistance near $87 Gold rises on bets that risk appetite improves; precious metals looking more bullish as the US dollar index trades near multi-week lows Euro Stoxx 50 seems to be maintaining upside momentum; increased volatility expected around tomorrows EU inflation data release Upcoming Key economic events Euro area inflation data due on Wednesday; ECB president Lagarde said yesterday that it's unlikely that EU inflation has peaked and that the ECB would hike interest rates as “long and as high as needed”. TODAY’S MARKET IDEA: Gold price remains above last weeks lows; further upside potential remains provided US dollar weakness prevails Technical conditions: Gold price (weekly chart) is above its 10 week moving average (bullish); the bullish outlook can be further supported by the fact that price has appeared to have found buyer support near the $1,730 area which intersects at the October 3rd and September 5th highs; the 40 week (200 day) moving average is spotted at $1,795 while short term resistance at $1,786 needs to be cleared in order to open up the prospects for a test of the key resistance at the August 10th high near the $1,808-10s. Not investment advice. Past performance is not indicative of future results.
SKILLING:XAUUSDLong
by Skilling
Trading Reason: of Buy Gold by Strategy & Stats AnalysisTrading Reason: of Buy Gold by Strategy & Stats Analysis Base on Fundamental: to Theme Investing change. TVC:GOLD - *Big Bank of worldwide: Net Buying gold at $1650 price support. Long Term => Positive of Gold - *FED Meeting by J. Bullard : Dovish step Interest 0.50% to hit to 5.0%. Short Term => Positive of Gold - *Regression Economic because high Interest rate: 5.0 % make to high cost push of market. Long Term => Positive of Gold - China lockdown etc. Short Term => Positive of Gold
OANDA:XAUUSDLong
by ProAekTrader
1
20 reason for buy gold update 01/08/2022 1 Structure 12: bullish 2 imbalances: filled 3 Current Move impulse 4 Entry TF: h1 4.1 ETF Structure: bullish 4.2 move: bullish 5 Support resistance support at the h4 order block 6 FIB: trigger event Occurred 7-candle Pattern: spinning top 8 Chart Pattern: double bottom 9 Volume: Execution 10 Momentum: support at 40 measure by rsi 11 Volatility: lower band support Bollinger bands 12 strength: Adx sideways 13 Sentiment: buy 14 Final conclusion: buy at the point 15 Buy /Sell/Wait: buy 16 Entry: right now 17 Stop lose: 1637 18 Take profit: 1690 19 Risk to reward Ratio: 1:5 Excepted Duration: 2 days
OANDA:XAUUSDLong
by Optimum369