Gold is moving bearish, if we see price have a little push up, to form a lower high on the hourly, i will enter a short trade down towards $1910.000. As you can see we are in a descending channel. I have drawn a pink pathway of what I think price action will do. I will only look for longs once we see a reversal candle set up around the weekly level at $1910....
Hope all is well, Sharing a technical analysis on GOLD as an overview my overall bias is long. Please be sure to always use proper risk management. We are looking for targets of 1940 1944 and 1949. If you like the idea be sure to follow for more trade setups. I would love to build a community of professional traders strictly watching gold. I do dable...
War or peace is the issue Global hyperinflation or how many years of prosperity and peace then global hyperinflation? Will gold be the only safe source for investment? The future is not certain, but gold is always gold
Hey bulls we have seen some volume entering the game now, gold is on its way to 1900 $ on the volume indicator, I see some banks and big financial institutions put some liquidity to the market, XAUUSD is about to reach 1900 -1910 resistance area, the US retail sales MM previous was 0.8, the forecasting is 1.4 the actual is 1.7 The broad-based gain in spending...
The analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
Gold Chart - 10 hour time frame 1 - The trend line is broken 2- The price is returned from its important level 3- An evening star pattern is formed 4- To form an uptrend, the price must cross the previous ceiling Result: The conditions are right for a downtrend
Gold Chart - 4 hour time frame 1 - The trend line is broken 2- The price is returned from its important level 3- To form an uptrend, the price must cross the previous ceiling 4 - The price has reacted to the downtrend line and a kind of resistance has been created. 5. The price was September 30 and October 1 resistance. On October 4, this resistance was broken but...
The orange zone corresponds to both the demand zone and the 0.618 fib correction.If the price comes to the orange zone I'll look for the entry in the lower timeframe.
Gold 4H-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for the XAU My idea is that Gold will continue to downtrend Targets 1840 1809 I hope my idea is clear Support me by like and share Good luck 💰💯
IN GOLD WE ARE EXPECTING BEARISH MOMENTUM IN THIS WEEK. NOW 1745/60 LEVEL IS IMPORTANT FOR DOWN SIDE TARGET 1701/1670/ THANKS