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Goldbuy

GOLD (US$ / OZ) Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
TVC:GOLD
by Dinjin
2
XAUUSD GOLD Weekly market Overviewgold still going sideways ,been a very boring last week, a couple of weeks actually ,on gold not much is happening and I'm still having the same idea,last week we saw that the range was very very narrow and it was untradable so the market broke lower retested and put another low but there was no continuation to the downside so we saw the price pushing back up ,all in all I still see the 1642 as a possible resistance up there,the 1550 is the support so these are the levels to play for now until we have a break out of the resistance,those are the levels you need to keep an eye on. ***Comment your thoughts down below!
OANDA:XAUUSDShort
by ForexCracked
GOLD | Crazy ideaGuys, please hit the like button, and write any comment, this will be the best thanks from your side. Most analysts predict an even stronger correction in gold. However, my markup suggests that the current correction is almost over. Also, look at an entertaining picture. I compare the behavior of the price of gold in the crisis of 2008 and now. In 2008, the price fell approximately 250 points and the correction lasted 14 days. It seems to me that we are now in a similar situation: 14 days of decline and minus 250 points. And let everyone draw conclusions for himself
OANDA:XAUUSDLong
by MinnieTrading
18
GOLD Retest 1515 + potential brakeoutMACD crossed 0 + becoming less red, could be the start of trend reversal RSI and Stoch RSI is LOW Gold Bounced Twice from 1450, also the last candle is a green spinning bottom candle + engulfing candle. So is more likely to retest 1515 resistance line + potential brakeout so potential target could be 1561. Depends on how interact gold on 1515 resistance line. You could open a buy on 1515 after a breakout and pullback. so your risk reward is 1:4 Push like if this idea useful to you! Leave a comment below! Legal disclaimer: I am not a financial advisor. You trade at your own risk and nobody can guarantee you results.
TVC:GOLDLong
by Chartista_com
1
GOLD Analysis 09/03-13/03The strong growth rate of jobs in February with the employment of an additional 273K jobs. The amendments to January and December data brought an average hiring rate over the past three months to 243K jobs. Although the labor market is in a good position now, we will have to wait for the March data before we can assess the impact of coronavirus on the US labor market. It is worth noting that the three major central banks announced a rate cut in the same week, with one of them being an emergency rate cut and none other than the Fed. of the global economic recession that is worsening globally and the psychological risk will continue to increase with the spread of coronavirus, endangering business operations globally. There is currently a high probability valuation that the Fed will lower the interest rate by 50 basis points in the upcoming 18 March meeting, and even begin to price the probability of a 75 basis point drop. Most recently, the Fed has performed exactly as the market expected. Anyway, we need to ask the question: if the Federal Reserve does not plan to lower deep interest rates in the upcoming session, why should they urgently lower 50 points before the meeting. The Fed cut its operating rate, which makes gold the most benefited from most assets. Bond yields fell sharply showing deflation and we expect the Fed to act through easing. Gold has reached the highest closing level since the global financial crisis due to coronavirus outbreak and aroused the risk of economic recession. Spot gold price soared when US Treasury bond interest rates fell after cutting emergency FOMC interest rates without easing market turmoil. The recovery of gold bullion is likely to expand to a record-closing price in 2011 if the stock market endures and sky-high volatility lasts much longer. A leap in spot gold price action in the last five trading sessions has pushed this precious metal to a new high for the year and closed at its highest level since January 2013. Gold prices soared 5.5 % last week, boosted by a staggering decline in Treasury yields and volatility, is the largest weekly increase since October 2011. Investor sentiment and GDP growth prospects Global has been battered by the coronavirus epidemic that started in Wuhan, China almost two months ago. The demand for safe-haven assets has risen to meet, which has caused a recent collapse in interest rates and a rise in the price of gold. The Fed is expected to lower its policy rate target to 63 basis points at the next monetary policy update following the Fed fund's future valuation. There are 88 basis points of the Fed rate cut by the end of this year. This downward trend of FOMC odds, if continued, could bring gold to a record high in August 2011. Next week the European Central Bank - is expected to make its own interest rate decision. on next Thursday, March 12 at. The ECB board is expected to keep the key interest rate in line with market consensus at 0.5% .And since the central bank bought sovereign bonds through the quantitative easing program, so the additional easing options are relatively limited. However, when coronaviruses started to cause an epidemic in Italy to rise and restrain the EU, there was a decline in Eurozone inflation expectations and a noticeable risk of economic recession. In turn, this could lead to the action of the ECB, which could help strengthen the gold bull's momentum. Technical analysis: (TECHNICAL ANALYSIS) Gold prices closed the week for just under $ 1,674 in a turbulent week that saw a surge in safe-haven assets. After 3 consecutive strong gains for the week. Technical confluence shows that The golden boy is waiting for the important resistance at $ 1,689, which was the high of the previous month. However, another barrier waiting for the golden boy at $ 1,692 may prove important for a move. Last week, after seeing a new peak at 1692 without seeing a strong breakthrough, the price reaction saw a decline. Here the supply zone H4 price really is being respected. In principle, as well as long-term, whenever there is a candle sticking feet, breaking the old peak created earlier, that price will decrease. I will weaken. Ie it will make a new peak soon. As for the short-term GOLD next week. With the candle closing week 1674 below the supply zone, H1 began to accumulate, H4 is showing signs of decline and increase again. Because the amplitude of fluctuations is quite wide, so the upcoming trade idea we have will have 2 scenarios for your reference. Scenario 1: Light sell soup around 1686-1689 SL 1695 TP 1657 (Personal opinions for reference only) Scenario 2: Buy according to the times frame H4 has formed a demand zone. H4 has an inverted head and shoulders pattern, a trendy buy trend trendline demand zone. Buy GOLD 1638-1640 TP 1680 TP2 1730
OANDA:XAUUSDLong
by MCHTRADING