This is my technical analysis for next week. Please trade at your own risk!
If price will be Bullish Sell from 2408-2412 SL 2420 TP1 2382 TP2 2378 TP3 2360 TP4 Open If price will go bearish Buy from 2382-2378 SL 2370 TP1 2408 TP2 2412 TP3 2430 TP4 open
Possible Gold price action for today using Fibinacci levels
this is the update of my TA on Saturday and now it's on the 3rd
This is just my Idea for Next Week. This is swing Trading. Enter small lots first then bigger lots. TAYOR- Trade at your own risk. Don't trade with money you can't afford to lose
if CPI is High then Sell Gold, If it si Low then Buy gold...
Sell from this zone . Take profit @1977- 1969 Gold Intraday: key resistance at 1991.00. Pivot: 1991.00 Our preference: Short positions below 1991.00 with targets at 1977.00 & 1969.00 in extension. Alternative scenario: Above 1991.00 look for further upside with 1999.00 & 2006.00 as targets. Comment: As long as the resistance at 1991.00 is not surpassed,...
Gold Intraday: further advance. Pivot: 1990.00 Our preference: Long positions above 1990.00 Alternative scenario: Below 1990.00 look for further downside with 1983.00 & 1976.00 as targets. Comment: The break above 1990.00 is a positive signal that has opened a path to 2009.00.
Time to buy for gold again.... consider this TA and TAYOR
It still in the bullish momentum - It's a buy for me
Channel respected. Consider these levels and be watchful.. Trade safe. Make the money take the money
Gold will probably go back to 2050s else it will go back to 1600s
Might retrace to 1848 before going up or will break the channel
Our preference: The upside prevails as long as 1851 is support. Alternative scenario: The downside breakout of 1851 would call for 1845.50 and 1842.50. Comment: The RSI is above 70. It could mean either that prices are in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal...
Sell gold from 1829 TP 1823 TP 1820 TP 1819 TP --- SL 1835
GOLD TA- Wednesday Feb 15, 2023 BL/Buy from 1842.5 - TP 1881.5