Hello traders, Hope you guys enjoying free oil :) As we all see gold is on the bearish face but the trend is still up. Don't buy it right away and wait for the levels I have shown on my chart. I hope this is affirmative to y'all and I hope you make profit out of precious metal!
Keep an eye on Fibonacci levels to have accurate entry. Also, EUR and gold might fly in the same direction with pound as dollars have perished due to economical crash Wish you all profit!
As you see gold has respected perfectly to 21 EMA for a long time. Check my chart and open your eyes for any momentum loss to enter sell. Remember that risk management is your best safety in this market now! ...
At the moment I would sell gold and as you see banks are taking profit from selling short but I hope the will keep a bit more then we gonna have a pretty nice green bullish canlde. Wish you all the best and I hope you enjoy my chart analysis.
Check my chart and I hope you enjoyed it. Wish you all profit!
Check my chart and I hope you like it. Wish you all a profitable trades.
As I have shared my idea regarding gold the price has already reached 1700 and 1690 is broken. Oil and Dollars are facing a massive economical conflict. I think gold will keep Its bullish bias as stock market is plunging so far. Market is so dangerous for retail traders and all you need to do is to keep an eye on news. Wish you all profitable trades!
As you see gold price is being bought aggressively due to fed's cutting the interest and also, Corona virus which affecting the entire earth and economy. I would mention that gold on monthly chart looks overbought there are chances that gold gonna go short before reaching my target point. The best idea is to keep an eye on weekly and daily then to confirm our...
AS you see on Friday gold pumped it up a nicely and now gold closed with the candle of momentum loss and it's indicating that gold is going down to retest its support and then we can look for buy signals
Gold is facing Political conflict between Iran and America, My advice for gold is to respect the trend and keep following news for any possible affect on price. RISK MANAGEMENT IS MY ADVICE! GOOD LUCK TRADERS!
The best buy opportunities for gold is coming, Hope you like my trading idea! Cheers!
It's my opinion about gold and I think this might be played out in a long run.
Here is my chart, Don't look for selling gold and it's a massive up trend !
Here is 4h Analysis for gold on my side, it is wise to not look for short which will cause you loss in this bullish movement.
Check my chart as you see previous resistance before the breakout will have Its position as resistance again! My idea would work well for Swing traders!
Gold has reached the weekly support zone which was broken by the breakout, Now how gold has reached the same areal of Support+Breakout+resistance Check my chart, I explained everything clearly on my chart and Pay attention that it's a weekly chart.