GOLD--H4--H4--Forecast XAUUSD LongI hope Gold will long at price 1525... Then will fall price into weekly support.
But now look forward to go long...
Xauusd4h
XAUUSD bounced from support, potential for a further rise!
XAUUSD bounced off 1464.99 where it could potentially rise further to 1547.55.
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XAUUSD reversed from resistance, potential drop!
XAUUSD reversed off its resistance at 1548.86 where it could potentially drop further to 1517.68.
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Losses can exceed the initial investment so please ensure you fully
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XAUUSD potential bounce!
XAUUSD expected to reverse up to 1st support at 1444.24 where it could potentially react and bounce to its resistance at 1st resistance at 1522.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD potential bounce!
XAUUSD expected to reverse up to 1st support at 1513.04 where it could potentially react and bounce to its resistance at 1st resistance at 1569.89.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD potential bounce!
XAUUSD expected to reverse up to 1st support at 1611.12 where it could potentially react and bounce to its resistance at 1st resistance at 1667.80.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD bounced from support, potential for a further rise!
XAUUSD bounced off 1633.93 where it could potentially rise further to 1667.55..
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD potential reversal!
XAUUSD expected to rise up to 1st resistance at 1659.73 where it could potentially react off and drop down to 1st support at 1612.16.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD potential reversal!
XAUUSD expected to rise up to 1st resistance at 1610.76 where it could potentially react off and drop down to 1st support at 1585.48.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Gold could retest 1650 again after the minor PullbackBefore starting the analysis, I would like to say that February has been a very profitable month and more than 2000 pips were made ( Check idea links below to see the trades) on various set-ups. So, don't forget to follow me and like my ideas if they help you
Gold has pulled back strongly from its multi-year highs.
If we look at the chart, the last 4H candle looks like there are definitely some buyers here.
So, traders can look for Buys between 1562-1585 with SL below 1555.
TPs can be set at 1600, 1624 and 1660 respectively.
This is a low risk buy set-up.
Gold Triangle Break will be violent, buy the breakout TVC:GOLD OANDA:XAUUSD
Unless this is a false break, Gold is on the way for bull wave again, don't try to ride against
XAUUSD testing Resistance again; possibility of a dropXAUUSD is going towards the Resistance area once again from where it could possibly drop.
If the resistance at 1592 area holds, Gold will probably drop towards 1575, 1560 and 1545 respectively.
What happens to Gold this week will once again depend on the market appetite for risks. So, keep an eye on the equity markets before executing your trades in Gold.
XAUUSDGold has broken out of the consolidation during the London session has H4 closure over the key zone.closing above the 61.8% fib level. This gives me some confidence gold is looking to give up to the $1580 - $1582 area.
XAUUSD reversed from resistance, potential drop!
XAUUSD reversed off its resistance at 1570.29 where it could potentially drop further to 1561.55.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BUY GOLD ON 2H CHARTGold traded sideways on Monday before sliding on a stronger dollar, some profit-taking and an unexpected rebound on Wall Street. Yet, with the coronavirus epidemic continuing to ring alarm bells the world over, market proponents said it was a matter of time before the yellow metal took out the $1,600 resistance.
XAUUSD: Bullish Move confirm with Pattern.XAUUSD: Bullish Move confirm with Pattern.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Buy Gold after pullback/ Low risk-High RewardAfter spiking to multi-year highs above 1600, XAUUSD is in a correction phase.
However, I would be looking to Buy if price reaches my preferred Buy area between 1535-1543
Keep in mind that Gold is a risk-sensitive asset. So, if we have some kind of risk-off triggers in the equity market, going Long would be a pretty good idea.
XAUUSD Breakout - Possible Buy SetupGold broke out the multi days downtrend line - bigger picture momentum is getting stronger, seeing scope for a retest of the 1556 area over the coming days. Look for short term retraces for entry.
Trade Safe!
