Goldbuy
Gold (XAUUSD) to reach 1750 again? Possible 1800?Because price is in a overall uptrend, we might see Gold still push higher as on the Daily timeframe, we have a potential breakout and retest of that breakout level. On the smaller timeframe as shown above, we have a breakout and retest of the broken trendline and previous support level to lock in sellers. We might see selers getting trapped and price push higher.
XAUUSD Long!As the dollar continues to devalue against gold, it will become more significant as conditions ease globally in the coming weeks. Of course gold is an inflation hedge and we're kind of in a deflationary environment for the moment, so it may take some time for us to get to the 1780-1800 mark!
Gold Future trade setupGold is trying to fly higher on last friday on nfp there usd was weak due to increase in unemployment rate but the market manuplaters manuplate the gold and thats why it went sell but according to technical anlysis gold is not going down to 1662 you can enter gold buy on 1694 with very small lots and keep your sl to 1655 and in case if gold breaks down to 1694 you can have a double entry on gold from 1670 with same sl and guys if you need any help ask me
GOLD READY TO FLYGOLD is about to fly now at 1662 it has main support and gold touches near that support at 1770 if we use fib retracment now there is strong indication of gold buy next week use small lots and set sl below 1662 and set your tp to 1780 and enjoy the profit if you need any kind of help you can direct text me or comment below
XAUUSD Bounce at 1705?Description on the chart of why 1705 could be our bouncing point but also understand the possibilities of the market. If this entry is not correct, it doesn't mean the trade is wrong. I trade using a high risk to reward ratio specifically for times like these when there is multiple opportunities to hop on a trend.
GOLD TRADE SETUP FOR NEXT WEEK GOLD as i told in last anlysis is moving up and it will still continue its upward trend on monday when market opens you can enter on buy with small lots and keep margin of atleast 200 pips because it may retest its resistance and its buy target will be 1772.
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