Gold weekly forecast with both buy and sell entries. Friday Gold sold off from 2334 all the way to 2300 for a drop of 334 pips before retracing up to where we are now at 3024. What can we expect for the coming week ?. My plan is as follows. For a buy I would look at entering at 3032 expecting first resistance (marked in red on chart ) to be 3038 to 3040...
This week we are looking to sell Gold down to previous resistance which aligns with Fibonacci 0.382 level for a sell total pips of 309. When we reach our take profit we will go back into a buy at 2994 and a take profit target of 3053 for an additional pip count of 588 pips. Trade idea is based on higher time frame and uses trend lines as well as support and...
Last week he had a trade from 2880 that ran for 1244 pips congragulations if you took it. This week we are looking for a sell then leading into a buy at previous resistance. Current Price Action: Gold is trading near $2,984, slightly rejecting resistance. The price is respecting the ascending channel with higher highs and higher lows. Support & Resistance...
Gold has achieved new all-time highs this week, breaking the 3000 level before retreating to 2982. As we look ahead to the coming week, I've outlined key buy and sell levels on this 4-hour Gold chart, along with potential entries. For a buy, consider entering at 2988, targeting 2990 as the first resistance. If this level is surpassed, the next resistance range...
See latest update on Gold for the coming week. For a buy am looking at entering at 2914 expecting 2920 as first resistance. For a sell ill look at entering at 2904 and expecting a move to 2889 as firat resistance. Short idea this week as have other commitments but ill update when i get a chance in the coming week.
Back this week with another swing trade. Looking to buy at 2880 , this was previous support structure. My conformations for this is based on wekly, daily and 4 hour trend lines plus the fibanocci level of 0,382 is right on my entry point. I do these trades up based on technical analasis and my advice as always is go small be prepared for some drawdown and use...
Am looking for Gold to initially rise at market open, I think the disaster which was Trump diplomatic meeting will have an effect on the price of Gold. My stratigy would be to buy until 2879/80 and expect the rejection at 2880 down to 2811 for a total of 200 pips on the buy and 670 pips on the sell. Trade is base on higher time fram support and resistance plus...
Oil weekly cahrt with both buy and sell levels High probability of some high impact news this week be carful For a buy am looking at entering at 70.20 , expecting 72.00 and 73.40 next. On the sell side looking at entering at 69.30 expecting 68.80 and 68.30 levels . 1 hour chart i like the buy side this week but of course wait for conformation. Check out my...
Gold finally delivering its first red candles last week , what will the next week give us ?. Looking at the weekly the bulls appear to be exhausted so we saw a decline in the last 4 days of the week. 2955.5 will be a level to watch in the coming week . For the coming week we can buy at 2864 which you can see conforms to the paralell channel drawn 2871,2884 will...
Gold has been making new all-time highs almost daily but are the bulls showing signs of exhaustion ? The chart below has the levels I'll be watching this week. See my other chart linked below for a swing trade idea for this week. On the buy side ill look to enter at entering at 2944 expecting to hold until 2974 area, of course take profit on the way. On the...
Gold last week making new all-time highs practically every day what can we expect this week? Let's have a look using charts and indicators with weekly, and daily trend lines to find the best entries for us. I am expecting a retracement down to 2923.668 (2924 for entry) for a move of 78 pips. If this happens wait for rejection at 2924/23 before entering a buy to...
This week we are looking to enter a buy first, expecting market to reverse from that 600 pip downtrend up to previous support from the 4 hour before reversing again to support at 2914. For entries first a buy to 2887 monitor expecting a reversal at 2914 to 2916 area where we enter a sell to previous support at 2852 to 2850. The buy should run 265 to 270 pips and...
Oil on the weekly chart shows a strong downtrend probably due to economic policies and over production. This week we have to remain cautious and stick to known levels off previous support and resistance. For a buy ill look at entering at 70.80 and follow up through the marked levels. For a sell entry ill look at 70.20 expecting 69.30, 67.80 and high support at...
Gold after that 600 pip re trace last Friday what are the buying and selling levels for this week ? Full top down below Ill look at entering a buy position at 2891 expecting 2904,2912 and if broken a continuation up to 2932 upwards. On the sell side ill remain cautious and enter at 2872 expecting 2864 to 2862 to act as first support.if we break each key level...
This week we are looking to enter a buy first, expecting market to reverse from that 600 pip downtrend up to previous support from the 4 hour before reversing again to support at 2914. For entries first a buy to 2887 monitor expecting a reversal at 2914 to 2916 area where we enter a sell to previous support at 2852 to 2850. The buy should run 265 to 270 pips and...
Gold swing trade waiting for pull back to 2892 which is also a Fibonacci level of 0.382. Expecting it to reject here and continue to 2940 when activated for 480 pips. As always with these trades wait for retest of level before entering and don't over leverage . Ill update as trade progresses.
Another swing trade this week target 230 pips sell first and 553 pips buy next. We can buy when price retraces back to 2855 expecting to reach 2831 which is fibonacci level 0.5 (2831) for 230 pips. Buy entry is 2830 targeting high of 2886 which is 553 pips suggested TP,note gold can make further all time highs in the coming week definitely expect 2900 to 2940...
key levels for the coming week with buy and sell levels. Expecting a retrace at opening to gather momentum before a push to the upside. key levels based on previous levels of support and resistance and fibonacci extensions . See my other trade idea for a gold buy and sell swing trade this week