combining all the fundamental data report and us dollar with respect to gold strength , after a lot of fluctuation, i believe gold has finally shown some stability and from here this buy zone i prefer a long entry with a fair target profit of 1840, i wish my followers a happy profitable weekend tp 1840
gold is still in bearish tone but i expect a further up within this trend, what u guys think let me know
As my dearest followers know, i like to keep things simple and believe in clean but powerful charts. . here it is after combining and gathering of all economical and possible new development in ukr russia scenario combining them with technical analysis, what do u guys think lemme know in comments, wish u a profitable week ahead, my eyes on the 1890 area TP 1890
we have seen a lot of bearish pressure on monday, it was a black day for gold , also bank holiday, but a further test of upper pressure level after bank openings can be seen, according to my analysis shorts from this upper pressure level can give us a nice opportunity to short gold
in my latest analysis i have noticed that around 1895 area there is much liquidity which is enough to break golds last week high of around 1919 area, longs with the sl of 100 pips and tp of 250 pips is giving good RRR
for the time being i see gold in this channel ,a short from top of the channel and a long from bottom of the channel until it breaks, as we can clearly see that gold is in a downtrend if we look this m30 tf
gold is in a range and moving in this channel ,so we can buy around 1928 for top of channel which is around 1949.37
in my opinion this trendline is in play right now... trend is still bullish ...
gold is at a crucial level now above this level its a sure buy after confirmation
i think this trendline is in play currently , the best scenario is to wait and buy near 1950 area for the tp of 2100
after a real long rally gold will show some pullback before its continuation of long trend, so i see price will pullback to this 1877 area support, and from here it will boom short tp 1880 from here we will look for a nice buy entry to tp 1 1900, tp 2 1910 tp 3 1916
this new horizantal line i draw is very important ,and was very strong ,it took gold quite some time to break it , now above that its a buy and below it its a sell simple, i m waiting for one more touch to this support and boom
if gold breaks this trendline , then we can expect possible up move near 1830 area,80 percent chances of fakeout and deep down gold will go, if u like the idea please press like button thanks
i see gold is going up to make a double top , please keep an eye on that pink horizontal line level
as u can see gold is losing its upward momentum, as per me shorts above 1800 are safe, happy xmas to all
i m new here ,but i m not new in trading , my analysis are powerful , i think this thing will go up now alot of correction done and fomc news is also coming, u can buy from 1845 -1855 area , lets see