Long $XAUGBP Tight Stoploss Buy This zone $XAUGBP 1396-1416 area. Tight Stoploss as the chart This may form a cup and handle. Longby theorisUpdated 1
Gold v GBP breakdownOne currency that has had a lot of downward pressure on it recently is the British Pound. However gold has fallen under a very strong diagonal trendline that has held for a long time. Given the pound is weak, does this mean gold is weaker? Seems like if future inflation expectations were high then gold would be doing better.by MrAndroidPublished 1
Weaker looking candles at the top on gold/GBPLooking at the price of gold from the perspective of the British Pound which is a relatively weak currency compared to the dollar, it looks to me like the candlestick patterns hitting the top resistance line of this chart are successively weaker indicating less conviction from buyers about getting above this all time high. Indeed the latest one from this week has quite a pronounced shooting star look to it.by MrAndroidPublished 0
Gold pounds chart zoomed outHere is the reason for my scepticism about buying this gold pump. The price is at the top end of a long term channel and there is momentum divergence. The all time high has failed to be breached twice.by MrAndroidPublished 2
gold in pounds breakout....With todays news that the Bank of England is going back to Quantitative easing it is perhaps unsurprising to see a pump on gold priced in GBP. However I will not be convinced about this breakout until there is confirmation above the all time high.by MrAndroidPublished 2
XAUGBPxaugbp looking to be a shit show gbp finally getting a grip over dollar overall money taken out from gold as a safe heaven till gbp is back to its former levelsShortby mr_john358Published 0
Breakout soon AUGBP will breakout soon, very soon. Either GBP will weaken more or Gold will start rising. As my previous post, DXY is close to peak then GBP has bottomed and Gold should start rising. Buy gold. Lets go XAU. Longby GreatMindsPublished 2
XAUGBP Rejected from Supply ZoneXAUGBP Rejected from Supply Zone and formed Pin Bar Sell XAUGBP Aim 1407 AND 1348Shortby tntsunriseUpdated 2224
Gold priced in British PoundsOn this chart I've drawn what I think could be a long term channel upward trend over the last 13 years. There is a bearish rising wedge forming since the last high of 2020. Then the last 4 months look to me like a bear flag. Overall this looks like a gold price bear market would not be surprising.by MrAndroidPublished 0
Gold priced in British Pounds stages a feeble breakoutGold in pounds has staged a breakout from a short term triangle this week but to me it looks insipid and not powerful. The long term picture to me looks like a bearish rising wedge pattern. I will not be convinced about this being a new bull market until the all time high is solidly breached.by MrAndroidPublished 0
XAUGBP SELL NOWXAUGBP HAS A Liquidity Under Double Bottom. So its A good Opportunity to sell Now!!Shortby FORX_Signals_ProviderPublished 1
$XAUGBP - Gold continuing the uptrendNice support and resistance analysis. Previous resistance acting as support now after the breakout. It retested the support and attempting to resume uptrend towards all time high. I’m bullish on Gold. Longby VinodinvestPublished 2
XAU GBP bullish entry at 1350 For the bulls, this is a precious metal trading with GBP, We have an overview of gold now while we waiting for the Retail Price Index (RPI), Claimant Count Change news, Flash Services PMI. I expect to see positive change on the RPI for the upcoming news. also, we are about 8 days to hear GDP 4th Q 2021 results, 553,412 M £ as 3Q 2021 546,556 M £ as 2Q 2021 517,998 M £ as 1Q 2021 for the technical view ... Bullish Head and shoulders pattern had detected on the 3H chart on the volume indicator, I see some buying volume entring the Gold CFDs The price has started moving from 1342-1346 accumulation area for the up Long position: Buy order on 1350-1355 area Targeting 1385-1390 area Buy limit at 1337-1332 area just to protect our position in case the price make amove against us The numbers from ons.gov.ukLongby youssefallaxUpdated 226
2021-11-17 XAU GBP - breakout areaConsolidation at resistance is possible maybe a shallow pullback. Further corroboration of strength of gold against other currencies. Hoping for pullback to recent breakout area to go long. Longby mmjoticPublished 0
XAU/GBPA firm break above the latter will open doors towards $1,884, where the R3 monthly pivot point aligns. Alternatively, if sellers manage to find a strong foothold below the confluence of the Fibonacci 23.6%, the daily pivot point and weekly R2 pivot at $1,859, the corrective pullback could gain traction. The next downside target is seen at the previous hourly low at $1,855, below which fierce support around $1,850 will come into play. by IlyaKolosPublished 0
XAU/GBP GOLD/BRITISH POUNDGOLD/BRITISH POUND my thoughts on where gold will go toShortby maxlovePublished 0
$XAUGBP in channel - hitting resistance area Gold is trying to recover. Still in the downward channel, now at a key resistance area as shown in the chart. Also has 50EMA confluence there. Watch out for the action around this key zone. Can determine the direction based on breakout or breakdown at this key zone. by VinodinvestPublished 0
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 BITFINEX:XAUTUSD OANDA:XAUUSD TVC:XAU NASDAQ:XAU TSX:XAU BITFINEX:XAUTBTC FX_IDC:XAUUSD BITFINEX:XAUTBTC FOREXCOM:XAUUSD FX_IDC:XAUTRYG OANDA:XAUEUR BITFINEX:XAUTUSDLONGS BITFINEX:XAUTBTCLONGS OANDA:XAUAUD FX_IDC:XAUTRY FX_IDC:XAUUSDG TVC:XAUBTC FX_IDC:XAUGBP FX_IDC:XAUAUD FX_IDC:XAUCNY FX_IDC:XAUJPY FX_IDC:XAUTRYK FX_IDC:XAUIDRG FX_IDC:XAUCAD FX_IDC:XAUCAD FX_IDC:XAUCHF FX_IDC:XAUEURK FX_IDC:XAUMYRG FX_IDC:XAUINRGLongby MaverickTradingUpdated 221
HEAD AND SHOULDERS AND A POTENTIAL BEARISH GARTELYHEAD AND SHOULDERS AND A POTENTIAL BEARISH GARTELY, Waiting for the full formation of A Reversal pattern, im goin to take a long term short position on this pair Shortby PrinceNtisePublished 0