Xauusd4h
BUY BUY GOLDGOLD has just retested a very low price point region and has just formed a head and shoulders pattern on the 1 hour timeframe.
Along with RSI and MACD confirmation this enough for me to BUY big lots in gold holding this position till at least the 1494 price point, however we could be expecting all time highs!!
Hold positions for as LONG as possible :)
XAUUSD approaching resistance, look out for potential reversal!
XAUUSD is approaching its resistance at 1520.00 where it is could reverse down to its support at 1480.00.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Not sure what side to pick with? Why Not Both XAU BUY/SELLtheres a lot of chatter of which way the trend will go for tomorrow fomc. in my opinion these pockets provide simple perfect trades for anyone looking to enter. The trend lines are shown in white. Price broke above resistance once but failed again multiple times leading me to believe it is headed towards a sell. However right now is london session and its too early to tell. Perfect trades will be buys above the green lines and sells below the red lines. The yellow line represents a threshold. If trend doesnt break past then its most likey about to reverse and you should take profit
XAUUSD reversed from resistance, potential drop!
XAUUSD reversed off its resistance at 1488.59 where it could potentially drop further to 1473.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
XAUUSD approaching resistance, look out for potential reversal!
XAUUSD is approaching its resistance at 1486.95 where it is could reverse down to its support at 1458.90.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
XAUUSD approaching resistance, look out for potential reversal!
XAUUSD is approaching its resistance at 1520.35 where it is could reverse down to its support at 1482.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.