GOLD - Short term Bullish View - TVC:GOLD Entry - 1850 Stop Loss - 1843 Target - 1890 Risk : Reward = 7.87
Gold has not fluctuated much today, but this wave of upward trend has not ended. At present, the price has begun to fall. We can continue to watch the bullish after waiting for the support. Gold operation recommendation 1841 Buy, risk control 1837, target 1850 ~ 1855. Gold bullling is based on the following reasons: 1. Yesterday, the gold failed to continue...
Hello everyone, on the 30-minute chart, gold is currently oscillating in the range of 1845-1851. The MACD indicator is temporarily in a golden cross formation, but its performance is relatively weak, and there are already signs of a death cross forming. This indicates an impending correction. On the 1-hour chart, the MACD is about to form a golden cross. If...
On the 4-hour chart of gold, it can be seen that the current candle is supported by the 4-hour Bollinger midline and is oscillating upward. At present, it is once again testing the support level of the previous high and Bollinger midline around 1845, which is an excellent long position to take advantage of! Don't miss this opportunity as it may not come...
The essence of trading is not how much profit can be made in a single trade, but whether one can achieve long-term and stable profitability. Gold encountered resistance near 1860 and fell back. It is about to reach the short-term support level of 1840-1845, which is in line with expectations. Therefore, the next step is to patiently wait for the support level...
Trading, don't expect everyone to understand you. Even if you do well, not everyone will like you, and not everyone will praise you for what you do. After all, others care about the results and do not look at the hardships you have endured. The same words can have different meanings depending on the speaker, and the same eyes can see things differently; the same...
Gold will be bullish in next few hours get the best position as possible. Patience :V
Gold has been in a short term bull market. I can see a retest of the highlighted support for continuation towards 1870 area. BUY!!!
In the world of trading, the players control the game, the observers understand the game, and the participants play the game within the game. What goes up high enough will eventually fall deep enough, and what falls deep enough will eventually rise high enough. This is an eternal logic in financial markets, where the core lies in volatility that creates value...
After every market wave, successful traders reap joy, profits, and experience, while unsuccessful traders face sadness, losses, and lessons. Same market, same time, different results, which one do you belong to? If the direction is right, the road is not daunting. Time witnesses strength, and strength wins the future. Let trust become profit, and profit dispel...
Hello everyone, on the hourly chart, gold has formed a double bottom structure and forcefully broke through the previous moving average resistance and the consolidation resistance at 1850. There is no doubt that gold has turned into a bullish trend! Therefore, the only trading strategy is to go long! The target is 1870-1875, which is where the upper band of the...
Hi All Gold Prediction XAUUSD Monthly Tweezer Bottom --> Correction 50% Up for Down Resistens Strong 1880/1888 Resistens Medium 1865 / 1870 Support 1839/1840 Goodluck.
From a technical perspective, gold is currently forming a head and shoulders bottom pattern. To confirm this pattern, the price of gold needs to rise to $1870 and not fall below around $1845 during the subsequent pullback. I believe the success rate of this head and shoulders bottom pattern is above 80%. At the same time, the announcement of February non-farm...
Don't be indifferent to gentleness because of too much busyness, don't hide enjoyment because of too much pursuit, work is not the whole of life, stop in a hurry, please enjoy the blessings of life. have a good weekend Last week, gold closed as scheduled, all profits.Congratulations to my friends As analyzed during the trading week, gold was primarily...
Dear traders, hope you all doing great, this will possibly be the last sell entry be on XAUUSD, We have high impact news on XAUUSD and that is why we think, it would be a perfect area to sell gold and target 400-500 pips. We may have the buy limit set around 1780-85 as this is the area every trader is eying on. -Trade Setup will only be valid if we have good...
PATTERN FORMATION XAUUSD is making Inverse Head & Shoulder Pattern on 4H Timeframe. Gold should drop to 1831 level and make a wick at 1825 in order to make Right Shoulder, And will bounce back to 1848 area to complete its pattern. REJECTION Rejection at 1848 RESISTANCE Resistance at 1848 SUPPORT Weak Support at 1837 Strong Support at 1831 TRADE...
Gold has reached the resistance zone and completed its first breakout attempt. It is expected to continue rising after testing the support level. The target range is 1850-1865, so it is recommended to focus on buying at a low level when trading. Follow me to get more trading strategies and earn more profits!
XAUUSD broke through the resistance level after multiple tests of 1830 and rose today. As mentioned in a previous article, friends who shorted gold at high levels need to reduce positions or take profit near 1830. The long and short positions are fiercely contested at this level, and the current market trend is biased towards the long side. Attention should be...