Get started

Goldforecast

GOLD possible buy zone!Instrument : GOLD Possible direction : Bullish Technical Analysis : Price has broken out of the daily resistance level during NFP release with a strong momentum creating a new local uptrend. It is highly likely price will continue to rise on the upcoming week as weekly price is also bullish with strong pin bar after grabbing liquidity from the weekly support level. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
TVC:GOLDLong
by ForexWizard01
GOLD is preparing for another impulse!Instrument : GOLD Possible direction : Bullish Technical Analysis : Price has grabbed liquidity from 4H 20EMA and strongly rejected to the upside. As daily price action is strongly bullish and price has a strong liquidity it is highly likely GOLD will prepare for another spike to the Monthly resistance zone, in the direction of the major trend. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
TVC:GOLDLong
by ForexWizard01
Gold (XAUUSD): Important Bullish Clue on a Weekly 🟡 Gold has nicely respected a major weekly structure support. The market formed a bullish engulfing candle after the test of structure, and then we saw a very nice rejection from that. It looks like Gold may go higher. Next resistance 1925 Remember, that weekly time frame chart unveils a long-term perspective. So it may take weeks, before the price reaches the target. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
9
GOLD possible drop to support level!Instrument : GOLD Possible direction : Short term bearish Technical Analysis : In the opening GOLD has formed a double top on the 15minutes timeframe and created a possible reversal pattern with falling channel. The price has just closed on the support level with strong bearish candle. On 1h chart GOLD has formed a gap opening with double doji signaling possible further drop to nearest support level! Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
TVC:GOLDShort
by ForexWizard01