Expecting Gold to reach 1950 this week. We could get retracement down to low as 1880. Take BUY’s from the buy zone. Expect resistance within 1910 -1925 Zone. This setup can take the whole week to play out.
Palladium is on an uptrend which should last until end of Feb 2021. Buy from current level or upon retracement above 2270.
Expecting Gold to reach 1920 If we get a candle body close on D1 above 1925 we can then expect 1933 And if we then get a candle body close above 1040 we can expect 1950. We can also get a retracement back to 1900 which will be a great buy opportunity. Candle body close below 1880 will invalidate the bullish move for no. The expectation is for the price to...
GOLD has failed to break out of the descending channel. 1927 was a strong level of confluence. 1873 level is now open for a test. If 1873 doesn’t hold then expect 1850 ad then 1818. Price can bounce off 1873 and retest the top of the channel.
GBPCAD HAS STARTED A SEASONAL MOVE UP. TRADE DURATION: 12TH OCT - 1ST NOV PROTECT TRADE AS SOON AS POSSIBLE AND BANK PARTIAL PROFITS ON THE WAY.
GBPUSD HAS STARTED A SEASONAL MOVE UP. TRADE DURATION: 13TH OCT - 18TH OCT PROTECT TRADE AS SOON AS POSSIBLE AND BANK PARTIAL PROFITS ON THE WAY.
Buy above weekly Pivot Seasinally Dollar Index should go up from here. If weekly pivot doesnt hold the trade is invaludated.
Buy one price breaks above resistance Zone.
Gold has broken out of the bear flag. Expecting some retracement before continuing to the down side. Watch out for 1860>1850>1818 levels. Buy oppertunities 1850 and below. #Gold #xauusd #preciousmetals
Gold is in a bear flag within a bearish channel. 1920 and 1935 are key levels to watch. A break below 1900 opens potential sell opertunity trageting 1850. Expect low volitility during Asia session due to China Golden week holiday. 1850 and below are good buy oppertunities.
MULTIDIMENSIONAL ANALYSIS TECHNICAL ANALYSIS: D1 Chart: 1900-1910 resistance zone holding at the moment. If price breaks above resistance zone 1930-1940 top of the channel is highly likely. H1 Chart: If price is unable to break above 1900-1910 resistance zone its likely to break out below the Rising Wedge Pattern and attempt to retest 1850 ...
GOLD is rangebound at the moment. Testing key resistance trendline. Break above Trendline will open up 1992 challange. In this case take a buy after confirmation. Break below 1900 Zone will open up 1860 and 1816. Take sells after price retests 1900 and support becomes reistance.
BUY ABOVE 26.50 1ST TAKE PROFIT 28.15 2ND TAKE PROFIT 29.85 SELL BELOW 25.80 1ST TAKE PROFT 23.55 2ND TAKE PROFIT 19.00
EXPECTING INVERSE CORRELATION WITH DOLLAR. EURUSD SHOULD DROP WHEN DOLLAR PUSHES UP.
SEASONALLY COPPER IS DUE A DROP. THIS TRADE COULD TAKE FEW WEEKS TO TP
QUICK 100 POINTS CAPTURE ON H1. TAKE ENTRY FROM MARKET OPEN OR BELOW 1726. TP AT 1736. RETEST OF THE HIGH IS EXPECTED BEFORE GOLD PRICE DROPS.
XAUUSD MACD INDICATOR IS SHOWING DIVERGENCE ON W1 CHART SEASONALLY GOLD IS DUE A DROP TILL END OF MAY BEFORE CONTINUING UPTREND FOR THE SUMMER. THIS WEEKS CANDLE FAILED TO BREAK ABOVE PREVIOUS WEELY HIGH. DROP TO 1530 WILL JUST BE A TEMPORARY RETRACEMENT WITHIN LONTERM BULLISH TREND THERE IS DIVERGENCE FROM 1530 AND COMBINED WITH SEASONAL EXPECTATIONS ITS...