XAU/USD Long Gold Bullish setup
Resistance Levels: 1932.86, 1945.05, 1936.31, 1960
Support Levels: 1900, 1886.89, 18750, 18480
#JustTradeFxOnline
Thanks for your love and support.
Don’t forget to like and comment for more.
Goldsetup
GOLD SELL OUTLOOKGold printed a contracting triangle structure and we expect that the A B C D E elliot wave count has completed.
We expect a rapid sell to complete the wave y .
New Gold Update New Gold Update And The Next Stop For Gold
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Look for Short entry on XAUUSDWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
GOLD: Full Analysis All Time Frames + What's For The Next Move!Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD: Update +540 PIPS! So Far Congratulations To Who EnteredDisclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD Running In 400 Pips Profits An dNew Entry Is Available GOLD Running In 400 Pips Profits An dNew Entry Is Available
XAUUSD and Buy Area (21/7/2020)Buy limit
1813.245
SL 1810.070
TP1 1816.960
TP2 1820.270
TP3 1823.825
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
XAU/USD Potential trade - Weekly ForecastIf it can stay below the upper triangle line, I reckon XAU will keep falling to the potential target one and two in the next few days.
This analysis based on the technical analysis only, and this analysis fails if it can break out and close above the upper triangle line.
XAUUSD|Gold LONG UpdateSo I trigger in long on market open I manage to get 3/4 my position around 1807. Already in nice profit. I have revise my target as the 1.618% fib @ 1858 area. Makes sense to me looking at the bounce from the below 141.4% fib. Stops at 1805 just incase market changes its mind!!
XAU/USD LONG & SHORT SET UP
SELL XAU/USD
Entry 1 1796
Entry 2 1800
SL 1803.99
Tp.1 1792
Tp.2 1788
Tp.3 1781
Tp.4 1774
Buy stop!! XAU/USD
Entry 1 1802.50
SL 1796
Tp.1 18010.50
Tp.2 1830.50
Tp.3 1880.50
Pending
Weekly forecast - Great risk-reward ratioPS: This analysis fails if it can break out and close above 1800
1795.90 was the 2012's pivot, one of the most vigorous resistance in history. This zone could be a great sell zone with a tight SL.
GOLD: New Setup That Can Make You Catch +450 PIPS !new setup on gold is available in this video around 1729.50 "a previous high level on daily time frame" wit a stop loss around 70 pips
Now Gold Will You Hit 1700?No Clue. Simple As That. We Just Have To Watch This One.
Breaks 1700 = 1720/1740 Possibility
Resists 1700 = 1640/1620 Possibility
It's all up in the air at the moment.
An opportunity to go Long on Gold xauusdPrice is currently in an uptrend and broke out from a bullish flag. Could go long after a little retracement/retest
Recovery See Gold Slump, Can We Get a Pump? 🆙 | GOLD ($GOLD)🏆 Gold has been in a strong uptrend for a while, and COVID only helped to ensure it. However, with the equities markets recovering, gold has started to correct from its previous highs. Despite the correction, we still see an uptrend and plenty of support for now. Let's take a look at some levels.
First off, we can see a channel that gold may be respecting based on reactions at the upper bound as illustrated on the chart. If this channel is in play, then we either want to see a clear continued move higher to see evidence the bulls are in control, or we want to see a test of the median with a strong recovery for short term continuation to the upside. Else, good luck bulls.
With that covered, more immediate levels of interest include the S1 range defined by lows in previous price action and a bullish orderblock, the S2 orderblock cluster, and the S3 S/R flip, all of which may act as support.
To the upside, we have the R1 local resistance (which the bulls will want to see breached) and the top of the trend line at R2 (which is the last resistance for the bears).
To sum this up, we aren't predicting the direction of price, rather mapping out some levels so we can better understand price action as it does occur. We will reassess gold upon enough of a change in price action that a setup is warranted.
Resource: www.kitco.com + www.cnbc.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
Like, Comment & Follow to help the community grow 🎉🎉
GOLD MONTHLY CHART LONG GOLD WILL CONTINUE PUSHING UP TO 1786 AND THEN WILL SEE A DROP TO 1550-1590 AND WE SEE A MASSIVE PUSH TO THE UPSIDE.IF YOU WANT TO TAKE A LONG TERM LONG BUY POSITION YOU HAVE TIO WAIT UNTIL GOLD REACHES THE POINT 1 IN MY ELLIOTWAVE ANALYSIS. HOPE I HELPED YOU DEVELOP YOUR LONG TERM VISION ON GOLD . SEE YOU SOON GUYS
XAUUSD SHORT TIME TO SHORT GOLD . OVER THE LONG TERM I BELIEVE THAT GOLD IS A BUY . BUT NOW IT'S TIME TO SHORT IT.
