Goldspot
Gold Price 2021 Roadmap - EWTThe Gold spot started the bearish Elliott wave on the daily timeframe. Right now, it's making the 5th wave. It has to cross 1824 - 1800 - 1776 to complete the fifth wave. The fifth wave will complete around 1690 .
If there will be the upside breakout of wave 4 , then it's a failure of the Elliott wave pattern. And the target for the uptrend will be as following 1980 - 2000 .
GOLD in Long term, May Get bullish...the momentum Divergence's Tell Us a long term Buy on the way...
XAUUSD - Gold - Advantage in Weak Economy Gold is favorite tool for Hedge Fund managers and other big players, They discussing now if Stocks on peak and can get correction so they will join Gold to defend their portfolios.
Gold range 2200 for upcoming weeks and months.
Focus on Gold- retest trend, gain more or not ?Key level: 1900$, if the price break down key level, we can see gold at 1800$
GOLD: DOUBLE HARMONIC BAT PATTERN IN D1 TIMEFRAME! 🔔Welcome back Traders, Investors and Community!
Analysis of #XAUUSD GOLD
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Strategy: Bearish BAT With potential Max R/R 2.09 - We will be waiting for all the confirmations to enter in this trade.
A clear chart is Always the best business card for a trader.
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The information contained herein is not intended to be a source of advice or credit analysis
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Walter
What is the Future for the Gold Spot?The Gold spot has started to fall from the 6th of August 2020 and still falling. But it's moving downside with fluctuation in trend. It started to rise for a short period from the 30th of November 2020. And now, the trend will fall up to hurdle by crossing 1876 - 1872 . After the breakout of the hurdle( 1872 ), the trend will hit 1866 - 1860 .
But if the trend takes reversal from the hurdle and crosses the resistance, it will hit the following levels 1900 - 1906 .
xauusdif price can pass the RED BOX and White line we can go up to 2069usd
but if price gets rejected from each level mentioned can back and test the support zone
I am bearish on GOLD WEEK OF 14TH DEC 2020I am bearish because, the pattern shifter over after hitting the 1875 area of support and reversing abruptly.
The potential area of bounce or TP1 and TP2 Zones are the marked rectangles.
Keep an eye on the false breakout area. It is possible but not mandatory.
THE BIGGER PICTURETesting triple support! This may help confirm an uptrend if we bounce off of 12D & 200D SMA.
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 - See What These Gann Fan & Fibonacci Retracement Value SayHere, I have used Gann Fan & Fibonacci Retracement to identify the next move of Gold Spot. Wherein, it is taking reversal from the 0.5 retracement value (highlighted by green square ). And now it's running under 3/1 & 4/1 Gann Fan value.
According to this chart, gold will keep drilling upward up to $1940 . After that, it can fall for 0.382 value of retracement. And a breakdown of this retracement means $1900 waiting ahead.
Overall we can see a bullish trend. That can be for $1960 - $1976 levels before Nov end.
Buying the Dip. The dip has been taken due to high risk reward risking almost 300 to 400 pips while targeting the reversal trend till 1945.
Gold Hits A New All-Time High... $2461 Next Target!I've been buying Gold... Not on the computer but real physical gold.
Gold Spot (XAUUSD) hit a new All-Time High this month surpassing the peak hit back in September 2011... Wow.
I had this feeling/voice in my head in "repeat" saying "Buy gold, buy gold, buy gold, buy gold..."...
My God relax... Bought.
Anyways, I bought some gold, went back, and bought more yet there is still the feeling that I need to purchase even more.
This thing is going parabolic now so technically there can be a retrace soon... But this "soon" can be months or years...
But ignoring TA, I am getting the feeling that Gold will be $4,000 in just 1 or 2 years (this is not financial advice and just my own personal feeling).
Looking at the conventional markets and the economic meltdown that is due to take place, fiat printing at All-Time Highs... This is something completely possible.
I predicted the $1920 Gold price just a month ago... You can see the chart below:
June 19 | Gold Spot (XAU) Goes With The Bulls/GREEN ($1920 Possible)
And now, looking at TA, this is my next target as to where the price for Gold Spot will go... $2461...
Thanks a lot for your continued support.
Namaste.
My 2 Cents on XAUUSDWe saw gold bounce from the 51 (50) period MA on this one hour timeframe recently; and I have a feeling it could do the the same thing this upcoming week
GOLD/USD - My long ideaThis is my long idea for GOLD/USD. If it reached first target then I'll move my SL near the entry level.
