Goldfutures
Gold is seeking for Resistance before moving down further.XAUUSD moved sharply to the base and now searching for Resistance in sideway move, In fact we can not perdict gold move perfectly till it give some reasonable data. So wait for next move than only we can suggest the most probable direction.
Sell XAUUSDAs you can see, we have a double SPRING BOX which gives us a good signal to enter the market by a short position. SELL XAUUSD.
Gold Mini Futures Put and ultimately Callhi
as one of my Indian Friends asked me to analyse the Gold August MINI Future i am doing a simple Fibonacci analysis with some Candle stick pattern confluences.
we can see a Dark Cloud Cover candle pattern are the Top and then a Head and Shoulder is on the formation which is a sign of a bearish movement and the retrace can be up to the last support which is fib 50% around 47350 Rs and fib 61.8% or 47000 Rs, If the price can Break the current support at 47800 Rs and as it reaches the retrace (Support) area, we can go for a call option and target it at 50000 Rs and second target at 51200 Rs
our safe Stop Loss con be at 45480
GD Headed back up in the near future - go longLooks like a cup & handle are forming on the 1hr timeframe. Handle could lead to a jump up to 1950 in the near future. Dont miss out!
Gold longterm - cup and handle - update the handle to the cup (which started forming since 2009) is almost completed... could see a rise in 2021 Q1/Q2
if it is a perfect cup it could go up to 2.700 - or 2.450
GOLD Bullish or Bearish?Here in GOLD, we have consider two possibilities, bullish pattern after the resistance trend line break & bearish in the same trend. It seem to be bullish as it keep on fling continuously and will end at the strong resistance level above. The bearish move is anyhow possible.
I HOPE THIS ANALYSIS HAVE GIVEN YOU THE BETTER IDEA FOR TRADING ON GOLD.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GOLD Bullish after testing the SupportHere in GOLD it has done a bearish move & now is making the bullish patter in which the fake swipe is possible over the Trend line. The area above @1817 is highly considering from where it can fly. For falling we consider the 1785 area as a testing & it'll fly from there. This Analysis is based on this week only.
I HOPE THIS HAS GIVEN YOU AN IDEA TO TRADE ON GOLD.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GOLD Futures projectionThere has been 2 previous swings in Gold from the 50 weekly ma (Orange line), This looks like the 3 Swing IMO
According to the previous data this swing should be shorter in time than the previous 2 and may last between 60 to 85 days
Target area should be around +35% to +50% = $2400/$2700.
The trend is up and the fundaments haven't change at all. money printing and low interest rates.
GOLD DAILYI think after this drop and the rvi cross and the upcoming dollar weakness, we could see gold spike up whether this can be held with all the vaccine news is uncertain but dxy breaking the 92 level will cause a movement of sort. wait for good entry on lower timeframes. as bears aint dead yet
GOLD testing the Support LevelHere in gold we've a support area where it keep on testing it & to keep in trend it'll have fall. Well in case of strengthening then we take a buy trade from the above resistance after the breaking the trend.
Hope the best with this analysis.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GOLD - paranormal level (buy)The level is built on a paranormal candle.
Accumulation under the level of 4 days.
Pressure on the level.
Stop Loss players are above the level.
At the expense of stop loss we will grow.
Dear followers, the best "Thank you" will be your likes and comments!
These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
Thanks for your support!
XAU/USD LONGER TERMReversal time, time to slay the late sellers and potentially continue uptrend as dxy is selling off again now. buying the drained out fall always works if you wait for confirmation.
