XAUUSD/Gold USD finally might be breaking outGold is testing 1874 resistance for the third time in the past month.
Waiting for the confirmation to break the resistance before taking it long to the next resistance at 1896.
If it breaks 1896, the next level we are looking at is 1911.
My interpretation of the charts. All feedback and observations welcomed!
Xuausd
Gold Technical Gann Fan Analysis! Based on price action on this week we will have these key price points:
resistance: 1889.70
resistance: 1907.10
support: 1842.60
support: 1819.30 (main bottom)
The main point for today is: 1889.70
any news about election, vaccine and stimulus can give momentum for gold!
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The information given is not a financial advice!
GOLD\XAUUSD (Y20.P4.E1).Continuation formation.BullishHi All,
If we use the principles of triangles which is pause in the trend, consolidation and using the flagpoles as the next target, we have this.
The RSI on the 12 hrly supports this triangle formation.
Looking at the overall markets, USD index, there is no clarity as to what gold will do in the short to medium term.
With this chart, I have it moving up but I don't see it making new highs any time soon.
Most likely a ranging price action with a slight upward trajectory.
Please give me a like or tick for this post.
Cheers,
S.SAri.
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EURUSD 10/08/2020Esperemos retroceso en el nivel 38,2 del fibo + confimaciones para entrar en ventas, o que de lo contrario continue bajando hasta romper la zona de demanda del 1.17000 haga pullback, confirmacion y nos fuimos.
Bendiciones para todos, que sea una semana llena de pips y aprendizaje que es lo mas importante.