OANDA:XAUUSD I think gold will rally to complete the flag formation and quickly drop to the lower bounds of or inner channel. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
The gold seems on it's way to break both the major trend line and the uptrend resistance wait for confirmation of the Breakthrough and get on the long train
everything explained on the chart
This is my long idea for GOLD/USD. If it reached first target then I'll move my SL near the entry level.
Sell from Minor resistan , Buy from the middle price ...it's the price in range , it will show you for making good decision
I think we will see the 5th wave of Elliott downtrend to the marked location. Pls comment your idea Thank you!
Gold Insight - Price has broken downwards trend line and showing signs of further upside with resistance at 1552.66 and support at 1527.24 Price could be heading to the upside towards the golden zone where price will reverse downwards. Intraday : Buy Intraday - 4H Trade: Buy Buy or Above 1527.24 Target TP: 1552.66 & 1577.52 Alternative scenario: Trade:...
XAUUSD is half of the way to the profit objective of the giant Cup and Handle pattern that I posted about a week ago. Bullish Gartley 222 pattern formed in the market increasing the possibility of the trade. 3.83 Reward/Risk Ratio. 837 pips of trend continuation profit potential 267 pips of pattern targets profit potential
Does current gold rally follow the parallel channel as shown in the chart to eventually resume down trend?
As shown in the chart
Sell Limit XAUUSD Entry Price between 1260 - 1265 Take profit @ 1250 Take profit @ 1245 ( Target ) Take profit @ 1230 Stop loss @ 1274 TradingView Profile >>> www.tradingview.com Telegram Free Signal Services >>> t.me Gold Trade Myanmar Facebook Page >>> www.facebook.com XAU_USD Historical Data : From 12 Dec 2017 ~ 12 Dec 2018 >> Download...
Gold prices just recently bounced off the ascending channel resistance and i am expecting prices to continue dropping towards the 50% retracement level of 1223.62. Possibly, prices may continue going further down until they test the lower ascending channel resistance. Though i have already entered a short position a bit late, it is better to check price action to...
XAUUSD Technical Overview: Pivot: $1200.20 Key Resistance: $1199.85 - $1204.28 - $1207.47 - $1211.89 Key Support: $1194.33- $1191.56 - $1188.00 - $1186.66 Day Trading Range: $1204 - $1186 Technical Indicator: RSI: The indicator lacks upside momentum, moving below 50 level. Moving Average: SMA 100 ($1199.65), SMA 200 ($1198.45), SMA 50 ($1201.50) strong...