Gold will be bullish next Week ? Gold is trading in a beautiful zone next week we can see that these areas of gold have the strength to get some retracement to the upside.
if gold goes more down we can buy from low
Goldfuturessignals
Gold rejected cloud breakoutGold retraces 55-EMA and hold above 21-EMA if break down 21-EMA more down trend
Gold trendline major resistance zone if breakout trendline more uptrend
Solid set up for a U-turn on GoldGold is currently sitting @ support levels on two different trend lines on the daily chart, as well as a down fib extension with a high % of trend reversal to the upside. If it bounces here I'll be looking for an entry on the re-test and confirmation.
GOLD Futures Positional Long Idea#GOLD Futures Postional Long Idea
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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GOLD will correct fast to $1820After the DOUBLE TOP gold finished its wave 1 and 2 .
wave 1 has 5 waves and wave2 is 3 wave recovery but not up to 62% of wave1, therefore today's correction is considered as the beginning of wave3
wave 3 always be a swift wave , the first target is to bring the yellow metal to $1820 and if extended expect $1670 and finally $1407.
wave 3 may extend upto 162% of wave 1 .
Gold Futures Short Swing Trade GC1!Gold sitting at the top of the Descending Channel
presents a great short opportunity .
I have marked all the levels going down to the
bottom of the channel which were determined using
Fib Pull from last swing high .
Above us I have marked areas of resistance and it remains to be
seen if we see a change in market structure but until then i favour
a short setup .
Also when looking at the DXY index i think we will see a recovery in the
USD to around 91.3 which will put Gold back under pressure and thus keep gold
inside of the descending channel .
1790 will be a tough level to break down IMO as the 100EMA and 200EMA sit here this would also make a good TP1
This setup has a simple invalidation as detailed in the chart but of course set your own levels
pertaining to the percentage risk you are happy to use .
Please support my Analysis with a Like and Follow
GOLD FUTURES 1D TF SET ALERTS FOR GOLDS DROP TO THE BOTTOM OF THE CHANNEL , LOST THE SUPPORT OF THE 200EMA AT THE PRESENT AND THE DXY MAKING A BIT OF A COMEBACK HAS PUT THE PRESSURE ON GOLD . WITH THAT SAID WE ALL KNOW THAT THE FED JUST KEEPS PRINTING SO SET ALERTS FOR THE BOTTOM OF THE CHANNEL BEFORE FILLING LONGS AND WATCH THE REACTION FIRST . TARGETS ARE LAID OUT ON CHART ... LIKE AND FOLLOW WOULD BE GREAT
GC1 Gold Futures (Buy Signal)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 Tp & SL ( Manually) and i follow my own strategy to Close the trade
GOLD FUTURES (GC1) 15MIN SWINGProbability: 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.
GC1 GOLD FUTURES (15MIN) Buy SignalPlease Read it carefully
Probability:
- 80% for the TP 1
65% for The TP 2
55% TP3
The market will keep going up
stop loss: The orange line ( close it manually)
Take profit:
If the Candle cut with Force the first resistance ( Green line) => New Take profit 2 , if not: Take profit.
if the candle cut with Force the Yellow line ( TP 2) => the GC1 may touch the Blue line, if not TP.
Gold Future, is it trying to break the max price level !!!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 maximum price for GC, it will break that resistance of 1827.
However, if GC wasn’t taken by buyers, we could see a rebound on resistance and a decreasing trend. It’s the most probable scenario. In that case, we should wait the break of the upward trend, it will give a clear idea about the new trend.
Thanks for reading this GC’s analysis.
I hope it helps you in your trades.
Gold future evolving in a trading range 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 trend. If it couldn’t, it will continue to play inside that trading range.
The advice is to buy now and sell at the first red volume and candle (For a safe trade), or wait itto reach that resistance R0.
XAUUSD Sell SignalPattern: Channel Up since the February 24 Higher High.
Signal: Bearish as the price reached the Higher High of the Channel Up. Once the trend-line of the bullish leg breaks and the price goes below Pivot 1, then we have confirmation.
Target: 1650 (above Pivot 2) and 1575 (above the short term Support).
* Note: This trend-line of the current Bullish Leg is very important. It helped me form successfully my trading plan last time:
