XAUUSD (GOLD) sHORT TERM SHORT PRIOR TO CONTINUATION OF UPTRENDGold has had a great rally, a retracement is now in place prior to the continuation to the upside.
Either wait to enter at key level to go long or sell up to the turn.
God luck trading
Xausud
XAU-USD H4 ForecastWait to Buy at support level: 1480
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Massive bearish divergence on dailyI would expect a range on daily as is case with divergences. Price is the way overextended and overbought. On monthly price went above 70 - the sign of reversal.
Right now price is above next week's PP. The retest of next week's weekly pivot is very likely scenario.
Range bound Gold - bullish breakout Busy day for the CAD / US central banks today. Gold is sniffing out a run higher!
GOLD (XAUUSD) - 4HOUR BUY- Trend ContinuationXAUUSD Made a retracement to to the downside giving an opportunity to go long.
Trend Continuation expected until the reach of Giant Cup and Handle Patterns Profits. (Watch my previous idea about XAUUSD for that pattern)
700 pips of Profit potential.
1.9 Reward/Risk Ratio.
View On Gold XAU/USD (The Bull strength is Strong)View On XAU/USD (2 June 2019)
Gold has an astounding recovery on the late last week and it broke a strong support resistant region of $1,300., now it is using $1,285 as a very strong ULTIMATE support region.
Meanwhile, it can go $1,310~$1,314 easily and the next hard resistant will be $1,320 (Take profit there)
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Gold - Can we revisit the last top?Currently, Gold trying to accumulate the necessary momentum to rise back to the last top, of course we will see somehow like a corrections phase in the following hours then if it succeeded into penetrating the current resistance, we will see Gold at the last top.
Wait the resistance to be penetrated,
Good luck and keep an eye...
To be updated..
GOLD - Head & Shoulders PatternPossible head &shoulders pattern on gold with a break of the $1306.50 level
The market is ALIVE for one last move higherThis is by far the BEST video that will line everything up for you by me. I gave it MY ALL with trend analysis and elliott wave. be ready and spread this video within 48 hours to help everyone for this last move higher.
XAU | USD | Patron BAT | Buy limit | GO GOXAU USD IS TO FORM THE PATTERN THAT I EXPECTED
in arriving at my shopping area it will be nice to wait
regards
RE: Gold/ XAUUSD LongDaily chart of gold, showing a trendline of resistance broken and price might move to the upside now, giving an upwards bias for Gold. Moreover, price bounced from Moving Average, higher likelyhood of Gold reversing to the upside for a big move as it is a Daily chart.
Entry was to be made Friday Nov 2, 2018 on a 30 min chart, at 1231 with a SL at 1230. Trade is still in profits and SL trailed to Breakeven.
XAUUSD approaching resistance, potential drop! XAUUSD is approaching our first resistance at 1197 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1193 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (34) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Gold: Sell Opportunity at Resistance LevelPrice is being rejected at a key resistance level - the sliding parallel of a downsloping median line. Going short with sl and tp as shown in the chart s a nice idea
Gold at Key Support LevelThe lower parallel of the rising channel, the 50% fib retracement of previous uptrend and previous structure create a key support level where any buy setup comletion has great potential.
In case we do have a buy setup I will update this post letting you all know..!
