Golddollar
GOLD Weekly Technical Analysis UpdateMidterm forecast:
. 1818.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
. While the RSI uptrend #1 is not broken, bullish wave in price would continue.
. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses minimum to Major Support (1818.00) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index (RSI) is 83.
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GOLD Weekly Technical Analysis UpdateMidterm forecast:
. 1818.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
. While the RSI uptrend #1 is not broken, bullish wave in price would continue.
. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses minimum to Major Support (1818.00) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index (RSI) is 83.
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Gold is making this too easy - Will we break the high today?Retest from the previous resistance, turned support, go Long. but for how long?
GOLD Weekly Technical Analysis UpdateMidterm forecast:
. While the price is below the resistance 1818.00, beginning of downtrend is expected.
. We make sure when the support at 1660.25 breaks.
. If the resistance at 1818.00 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
. While the RSI uptrend #1 is not broken, bullish wave in price would continue.
. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 1802.55, 1779.25, 1765.05 and minimum to Major Support (1660.25) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index (RSI) is 67.
GOLD Weekly Technical Analysis UpdateMidterm forecast:
While the price is below the resistance 1818.00, beginning of downtrend is expected.
We make sure when the support at 1660.25 breaks.
If the resistance at 1818.00 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 1802.55, 1779.25, 1765.05 and minimum to Major Support (1660.25) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 67.
XAUUSDEnter the dragon (Bruce Lee)! it's (dangerously) sexy, til it isn't'
Just sharing my view, not a trading call! GL :)
Gold Futures - New 7-Year HighGold Futures hit $1796 yesterday after pulling back. RSI is still bullish.
Looks like a U-TurnLooks like Gold (XauUsd) wants to reverse. It’s been in range trading for 49 trading days. I would look for short opportunities.
Gold is going to fall?🧐Hello, friends!!! 👋🏻I’m very interested how spot market is doing without me🤣🤣🤣
Link on a good view 👉🏻👉🏻
I suspect, that the price of gold should drop a little and I suggest you put buy orders at different levels in order to manage to buy at the best price.💪🏻
😚Dear, I try very hard to be useful and helpful for you.😘 I really appreciate each of you!!!
Thanks for supporting and feedback, that you give me💋🧡
I'm always in touch with You💓💓🧡
Your Rocket Bomb 🚀💣
My previous ideas👇🏻👇🏻👇🏻
Don't miss the great sell opportunity in XAUUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1703.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 28.
Take Profits:
TP1= @ 1664.75
TP2= @ 1641.00
TP3= @ 1624.80
TP4= @ 1588.45
TP5= @ 1565.40
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in XAUUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1703.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 28.
Take Profits:
TP1= @ 1664.75
TP2= @ 1641.00
TP3= @ 1624.80
TP4= @ 1588.45
TP5= @ 1565.40
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
Drop price inside the channel is possible 👇🏻Welcome, guys.💓 Are You interested in gold?🧐 Let's take a look at the daily chart! ⌛
👉🏻We can see, that the price is moving in uscending channel.
🔥 In the near future, we can observe a price drop inside the channel to the level of 1650 - 1600. 🔥
❗Do you think, that gold can break through this channel and go down👇🏻?
Share your vision and plans in the comments✍🏻
Stay with me💋
Your Rocket Bomb🚀💣
XAUUSDAnd on the 7th day; gold said to ...: ... Rescue me lol
Just sharing my view, not a trading Call.. GL
