GOLD TECHNICAL OUTLOOK 22/03/2022 Gold has been trading a downtrend which has changed
We see gold made gains during the course of the months and is currently at a KEY RESISTANCE LEVEL
We confirm Gold is trading within an uptrend But can also confirm we do see SELL positions in the weeks ahead
reason being Gold opened the week at a KEY RESITANCE LEVEL which is rejected and we do see a strong bearish opening and closing with current candles
We look to SHORT GOLD in the weeks ahead to next SUPPORT level
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Metalsignals
META EASY SCALPING IDEA $$$META has been in a constant downward wedge for the past 5 days, as you can see. It has been following the wedge precisely and is near maturity. I've included take profit signals for quick and easy profits, However, a stop loss of 1-2 $ below the wedge should be added in case it breaks apart.
Metal (MTL) formed bullish Gartley | A good long opportunityHi dear friends, hope you are well and welcome to the new update on Metal ( MTL ) token with Bitcoin pair.
Previously I shared a long-term trade-setup for MTL , which is still in play.
Now on a 2-hr time frame, MTL has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Metal (MTL) formed bullish Gartley for upto 3100 huge pumpHi dear patrons, hope you are well and welcome to the new update on Metal ( MTL ) token.
On a monthly time frame, MTL has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XAUUSD Will it break the historical high?If we take a look in the monthly time frame, we can see a very bullish price action. We have an impulse correction pattern which can lead the price ti create a higher high. Also, if we take the fibonacci from low to high the price has clearly respect the .618 of the fibonacci level.
Everything look bullish but to break the historical high the technical analysis is not enough. The fundamentals will be crucial for this to happen.
Facebook: META - FB' Future / Prediction Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc
is facing a bit of a challenge as of late but will soon grow some wings...
it should turn from 294.61 & go up from there but if break below 2920? then it will kiss 245.94 (worst case)
*The curves
XAUUSD, expect to explode towards 1840 Last week bullish prediction had a little success in the Gold against Dollar pair, but it can be called slightly bullish accumulation zone with a false breakout not once but twice, This price action clearly suggest a spring effect to go up on the second week of February , I am sensing supply zone at 1839 ,
Analysis only for education purpose
GOLD possible bullish breakout--> SOONFolks,
Opportunities are givin' everyday, all day.. You have to train your mind to be open for it..
That said. Here is Symmetrical triangle forming on the daily chart of Gold.
Gold has made a massive run lately and is consolidating now..
What's important to trade a symmetrical triangle? Define the prior trend, because more often than not, when this triangle breaks out it will in the direction prior to start forming the triangle.
And you know, all about probability.
A lesson from Sir Al Brooks.. He doesn't believe in fibonacci numbers while price is retracing. He believes that when a price pullbacks between 30%-50% the prior trend is still in tact.
So for this chart it would be a possible upside breakout.
When it pullbacks more than 60% it will be a possible 50-50 chance..
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XAUUSD , NOV Ist week analysis, possible bullish outlookGold against Dollar pair's october bullish run expected to continue on the first week of November too, even though it breaks the support of 1787 last week, and it went down upto 1772 area and it made some recovery by painting a wick at last hours..
I expect it can be fake breakout and it may continue upwards towards 1818 price zone,
Analysis only for education purpose only
XAUUSD, Weekly analysis, Oct 25-29Almost we are at the closing of October month, from the beginning of October XAUUSD have been bullish from 1725 to 1813, analysis suggests that bullish trend may be at the end towards the new beginning of November, this week initially it may be in sideways before going down may be at the end of the week or next week beginning..
Analysis only for education purpose
Gold (XAUUSD) | Trade IdeasSince Mid June 2021, Gold move sideways between 1721.66-1834.2. And for traders who still wanna trade this gold now, I give you some trade ideas like in the chart. You have remind yourself that Gold now under bearish bias. The chance is price can drag down again around 1834.2, so be careful when market already near or around that level.
Good luck then.
Silver: Some Room Left! ↕️↕️↕️Chances are good that the silver price will still increase a little bit further and approach an area just below $25.50. With this move, the orange wave number iv should be completed, and the market should be able to continue its journey to territories below $20.
Bears ahead!