From the chart, it can be seen that gold will move within a zone and needs to transition to new zones. It will need to move at a rate greater than 20% in the early stages and will continue to move within that zone until new factors come into play to facilitate further movement. My criteria zone 0, 500, 1000,1500,2000, Example zone 1: 1000- 1500 zone 2: 1500 -...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Completed its Retracement Break of Structure Demand Zone Completed " 12345 " Impulsive Wave RSI - Divergence
gold road? Wait for your return to buy from 1780. The head and shoulders pattern has not yet been completed? And if it breaches the resistance strongly, we will enter a strong buy.
Gold 4H time frame hold above 21-EMA support and Stoch momentum is bullish and RSi 50 mark above
Gold hold above 200-EMA and testing cloud base if breakout 21-EMA further more uptrend
Probability: 80% Read Carefully The market will keep going up Take profit & Stop loss: montioned on the chart If the Green Candle Cut the TP line with Force => use the Yellow line as a Resistance + New Take Profit 2. If the Green Candle Cut the Yellow Line With Force => Use Orange Line as A resistance + TP3 and use the Yellow Line as a Support. Note: All...
Probability: 65% ( read it carefully) The market will keep going up ( swing) Stop loss: if the Red candle cut with Force the Red line ( i close the trade manually) Take profit 1 : Green Line ( manually) If the green Candle Cut with Force the Green line Then: Yellow Line: is our second Take profit 2.
Hello traders, The Gold Future is still increasing. GC takes each time an upward trend to reach a level (A, B, C, D) and after each one GC consolidates that level by a light decreasing trend or a trading range. Currently, after consolidating level D, GC will try to reach the level price of 1827. If there were important volumes of buyers we will record a new...
Hello traders, After yesterday’s record, the Gold future seems to continue in its increasing trend. Right now, we have a green high volume that is a sign of a new impulse. GC seems attacking a new target level price. So saving our buying position seems a good choice. for intraday trading, we sell at the first red volume and a red candle.
Hello traders, What about Gold Future!! Let’s assume that GC is taking an upward trend since 5 June. However, GC has broken that line trend down, and it is going again to the previous trading range. Now, we have signs that GC will increase again (this is for intraday trading) and try to reach level L1, and could break it and reach the trend line. If these...
Gold Future is evolving inside a trading range. For intraday trading, we have now signals of buying; we talk here about the higher volume and the wick of the candle that assure an increasing trend. The GC will try to reach the Resistance R0, after breaking the VWAP. If we have high volume we could expect a break of that resistance, which means a new increasing...
Hello traders, After having an increasing trend, GC seems entering in a new trading range. If the GC could break the trading range above it, in other terms, if it could break the level of maximum of 18/05/2020, we will have a new increasing trend that aims to reach the level price of 14/04/2020. Otherwise, GC will continue evolving in that zone or even go down.
Gold has now reached the target I gave in July of 2018. (see link below if interested). One possibility is that a 4th wave triangle consolidation is now over and gold has starting a final major wave up before a major correction. If so I would expect the price to exceed the high at "33". If however the price starts dropping from here and breaks the current uptrend...