Hi all As you see the up trend started really strong and broke 2 down trend and got its pullbacks (two arrows face to each other). we all know every trend and channel needs correction. Now we wait for NFP news but I think it goes up. It can go down for more to 1855. yellow lines are important zones red boxes are resistance green boxes are supports Good Luck Trade Safe
As you can see we got our pull back on down trend and signal to enter Buy Position. Target most be 1952
Hi trader... The price got full bullish push, now it tested 1832 and respected to the resistance as you may see resistance of 1832 is not a weak one so it may fall for moment and try again. There is another resistance for short terms on red box around 1828 - 1829.5. However there is my LONG LONG idea about gold. I will see the chart as it may act on it's own and I...
i think gold will go range or like in picture goes as I drew. the yellow line present the support and resistance lines. thank you.
It seems we have a strong support on 1800 as you see the yellow lines presents the supports and resistance. as long as price moves above 1799 its a bullish trend
we got our pull back and we can wait for price goes up..
The short position for sell the yellow lines present the support & resistance areas.
Hi trader... There is 2 scenarios for gold at this moment. The first one after 8 hours of testing and pushing the support at 1791.70 and due to the lack of volume on market on those hours the price may take a rest for few hours and push it again when market is live and full of bears and bulls.it may became on Shanghai or London time. (the red arrow) The second...
Hi trader... as I said Gold reached my target (95% of the target but still its good though) No we see a pin bar at support line in chart we can enter in buy position for short period. this is important if that support line hold the price above 1815... my long position forecast would be buy for now. Thank you..
Hi. As I said the price went the way I forecast it but the break down was a little more than I expected now we look for 1831 the strong resistance if price break it we will go to 1860 if not we can use some sell. Also bearish force is about to begin on 1820. You can see the last forecast RED ARROW and the way it went GREEN ARROW. Thank you for your time.
Hi. As I said in my last forecast the gold will move up, and we saw the pressure of the news on USD so it touched the 4h trend and it got responded which we which broke the 15 min down trend and got pull backed... now we wait for our target. Here is my last forecast as I mentioned. Thank You and plz tell me what do you think.
Hi, this is my forecast for gold it seems after 12 hours of pushing down and testing the price will rise up to 1804 , then it will retest the support! for now I will buy at low with last low for SL and wait to see... plz share your toughts OANDA:XAUUSD