Get started

Goldforecast

Gold forecast and idea |XAUUSDCurrently, the Gold price chart is facing an increasing angle in a descending channel. ( the Opening angle in the range of motion frequency, also call geometric Brownian motion ). There is a possibility of Breaking the bottom of the Channel and a Fall in the price range of $1,718, and this price range is also the Bottom line resistance of the channel. Gold dollar and XAUUSD --------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
OANDA:XAUUSD
by Arash-RK
Gold: Dolphin 🐬Like a playful dolphin, gold has jumped above the resistance at $1770, only to dive right back into the blue zone between $1751 and $1709. Now it has to decide whether it wants to do some more tricks in the water or has already completed wave (ii) in blue. As soon as it has finished the counter movement, though, gold should climb out of the blue zone and above the resistance at $1770, thus confirming the upwards movement. However, there is a 38% chance that gold could leave the blue zone on the lower side and drop below the support at $1709. In that case, it should continue the descent below the next mark at $1678 and into the green zone between $1661 and $1585 first, before rising again.
COMEX:GC1!
by MarketIntel
1
What Will Gold Do?Gold seems to be moving farther and farther down, and what is interesting about the price it's currently at, is how it's trading right on top of the Fibonacci 100% zone. This can either result in a retracement back close to it's 61.8% zone, or it can drop down steeper to it's 161.8% zone. With prices trading around $1,735, means it is sitting in between a current buy zone and sell zone. Determining which one it will reach first depends solely on the momentum either side brings to the table. Bulls could push the price back into a sharp reversal or they can allow the bears to keep dragging prices lower and lower. If Gold can close below it's 100% zone, that will only confirm that it's next possible price target will be down near it's first sell zone out of three. Best thing to do is watch and see if prices start to drop further and you can grasp a sell position going towards the $1,600 price area. However if prices continue to move higher, I wouldn't look for a buy position until it at least recovers 50% of the loss it's already suffered from, or once the trend has completely switched bullish.
OANDA:XAUUSD
by BBDaBoss
Gold near support of 1771Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about XAUUSD Market is moving in a defined range we can expect a breakout to short the market. So we are expecting a strong fall near Support. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
OANDA:XAUUSDShort
by Theranasaramd
4