Golddollar
GOLD shorting opportunityGOLD looking to go more to the downside.
Short @ 1300
SL: 1314.74
TP:12658.09
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*Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
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XAUUSD (Gold)We could possibly see gold heading up before a big sell-off at the area of 1245-1250, we shall see how price and time react at certain area and time frame! possibly reaching 1210 weekly key level
PS: This is not a trading signal just a market idea, please use a valid strategy to enter this trade, if you are not educated enough do not trade it! wait for clarity and correct signs before entering the trade! there is no 100% guarantee in trades! know how to risk manage your trades!
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Gold - Elliott WavesHi everyone!
This is what I think of Gold. Looks like we are waiting for a 5 impulse wave to complete. Although it might break the mid signal line and I still hope that it will reach the desired level at 1172.
Not an advise, use for education purposes only.
Check this chart to see the previous resistance at the targetted level
Gold Closing in on Historic Resistance at 1400.00Gold is on a 7 week bullish run and is fast approaching a historic weekly resistance at price action above 1380.00 - 1400.00. Sell opportunities are at the blue line (1390.77) and the price area 1385.00-1400.00 with take profits and buying opportunities for future re-tests at 1340.00.
Short term expect price to test and fail at this level however the decline will be short lived as global risk factors will no doubt drive gold onwards past 1400.00 eventually.