OANDA:XAUUSD on h1 timeframe gold has to drop from 2516.943 to around 2458.246 and as the structure also shows the other shoulder hasnt yet completed
On the structure above indicate a break out and reached retest and reached a Zone point .at this point we are expecting The Market to drop .and going a smaller TF we will see a smaller flag . Technical Language on my anysis
It has reached a pick point .we are expecting a series of drops from now . Where it it now on H2 timeframe. On the channel drawn on charts .it is in the highest point .where we are expecting it to drop to the lower side before considering wethere to break below or to bounce back
Gold dropping at 2100.477 .Gold is about to start dropping from that Area to around 1920.31. as shown on The Charts above .
All """usd pairs to drop . this is my Technical analysis on GU . We have seen it breaking down and we waited for retest. Now it's has reached a point where we need to Sell it .see on charts
Broke inside the channel and looking forward to see a massive drop My analysis is based on technical analysis
from above where it is using Technical analysis(Price Action) Nasdaq is on the edge of a Zone and above trendline where is acting as a above slanting or slopping zone at 15209.0 and we are expecting a huge drop on this H4 timeframe to around 14070.6
it will drop to 1810.3 and below to 1757.918 and on H4 timeframe it is indicating that it has broken from that channel and it has been going up now as retest the zone and on the edge of below trendline . we will see a series of drops from now on H4 timeframes
Gold according to Price Action analysis will keep dropping to 1855.284 .its good to sell it and hold it on h3 analysis .it requires lots of patiency to hold .and i will keep monitoring each and every move .to those following we will keep adding sell positions on a downtrend
Gold to drop from now at 1947.475 to 1898.767 and i am saying that co my analysis is based on Technical .i have indicated major areas Zones and it has been creating a flag and inside it we are seeing a rising wedge ..so a very powerful drop and
yeah from the structure attached . i have indicated technically whats have been happening . we see from the structure GLD just broke up .indicating to move up . broke and retested the zone or structure and now in a very good position to Buy or move to 1944.152
as e see on the Chart .Gold is about to repeat it has been doing for the past month .it was going u for sometimes and we saw it breaking down the Major zone where i drew two yellow line and i has retested it now it has to rest back to 1900.06 where it will make money for sellers
Gold last week broke down major zone as indicated on chart, it has been consolidating the whole seven days ,we are now looking up to see a strong impulsives bearish move toda and tommorow
Today Monday we continue looking onto Gold and it has broken major zone .it s below and it has broken the and retested ,which means it will continue droppng to 1900 . i tried to elaborate more n my technical analysis and for more also see my minds
the BEARS are really strong .very powerful gold just started dropping and we just saw an impulsive move yesterday , now it tok a breath making correction or retest .we are expecting a massive drop today
The Bears are pressuring downwards movements of Gold. its on Support now looking forward to a see it dropping to 1903 on H4 timeframe . it has retested the support and when looking it clear we will also see a formation of head and shoulder . which the other leg from the shulder should drop massively
GOLD is moving down again from key area now 1953.449 deep down to 1926.708 technically analyzed on H1 TF .later we may see appearance of double bottom or W shape
we seein a Huge pottential on Gold/US .our Target is at 2000 and i guess it might surpuss that level