Xaulong
GOLD buy! Good Luck traders,catch the pipsHello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY GOOD LUCK! Great BUY opportunity in GOLD ..
I still did my best and this is the most likely count for me at the moment ..
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GOLD XAU - THE RALLY BACK UP - LONGGreat one here straight off the bat great upside potential - ignore indicator below its inaccurate gold will push up
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XAUUSD, long after purchases under 1800Hi friends. Gold took bullish potential after purchases under 1800.0. Then exchange bought Friday evening closings and i think we can go to 1821.0, 1827.0 on this. Volume analisys - "Earned Pro" script. Levels thanks to X-Lines. Follow me. I am time to time update ideas.
XAUUSD (Gold), never look so bullish.Hi friends. So today about Gold (spot) long term tendention. We have a great accumulation for long trend in last 2 weeks. I mark points were market accumulate a long part which are not correctly satisfy by upper prices. And my opinion this Gold will be sold by upper prices and to be precise target is 1913.0 and 1958.0 - strong X-Lines levels. Follow me.
XAU Short-Term LongPrice consolidated at a short term support before displaying a strong bullish impulse away.
The TR also formed somewhat of a (weak) double bottom before the impulse, providing a bit more confluence.
Since generally speaking, gold experiences a bit of rally during the holidays, my overall bias month is bullish,
and so I'd like to think that price will at least be able to reach old S&R levels.
How high can the market go? Gold XAUUSD AnalysisTrading Idea: Long
Buy Area below: $1,770
Stop Loss: $1,735
Take Profit: $1,880
Today Gold reached levels below $1,770, before bouncing back above $1,800. It lost a bit more than 14% since the last surge marking an all-time-high level above $2,070.
Investors turned to riskier assets since the popular vote chose Biden as the 44th President of the USA. On the Monday that the the results were confirmed the markets surged and Gold took the bears having the first hit which continued with a bloodpath as Pfizer announced positive news for their early results from the coronavirus vaccine trial with their 90% effectiveness.
Optimism continues with more Companies releasing covid-19 vaccine effective rates and countries laying out their plans on distribution dates to citizens.
At the same time those events could either be the prophecies that things are actually going good or smoke around the huge bubble before a highly anticipated crash of the markets.
Fiscal and monetary policies are testing the nerves of the markets.
The world economy is standing on stimulus plans.
How high can the market go?
On Tuesday, one day after Cyber Monday and Black Friday, the markets surged and visited uncharted territory. This makes it a good potential opportunity to go long and find support levels to enter. You can see our support and resistance levels indicating the area the market will be bouncing within the borders.
Analysis XAUUSDPurchase range: 1851
Targets: 1857- 1863- 1869
Stop loss The first goal: the profit to loss ratio is 1: 1 (1845)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1851(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
Analysis XAUUSDPurchase range: 1910
Targets: 1913- 1916- 1919
Stop loss The first goal: the profit to loss ratio is 1: 1 (1907)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1910(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
Analysis XAUUSDPurchase range: 1886
Targets: 1890- 1894- 1898
Stop loss The first goal: the profit to loss ratio is 1: 1 (1882)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1886(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)