XAUUSD bounced off 1494.40 where it could potentially rise further to 1528.39. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Gold H4 Frame Waiting for breakout in greenline if can breakout we are sell target tp1 tp2 we will see that whats going on goodluck guys
We are currently trading the 4th leg of the Gartley pattern that is forming on the 1 hr chart. We are predicting the Harmonic pattern will be completed on the condition that the blue resistance zone is not broken. OANDA:XAUUSD
# Price is currently trading in a down channel # Channel resistance was met as well as the resistance level and pivot at 1286.50 # The previous candle printed a doji that pinned the 21MA (sell signal) # Targeting support at 1270 Entered short @ market price 1283.05 # SL @ 1290.14 # TP @ 1270 provisionally To learn how to trade pure price action, please feel...
OANDA:XAUUSD Notice how the resistance level aligns with the 61.8% fibo retracement? I will be looking for a buy signal within the 1296 - 1301 range More details to follow!
FOREXCOM:XAUUSD *Trend bias = up * Good support @ 1280 * Bullish engulfing pattern completed and we have the wicks indicative of new lows being rejected Going long @ market price 1285.53 with Stop loss below the lows @ 1275.84 and provisionally targeting the 1296-1300 level Don't bet the farm and always exercise good risk management.
REVIEW OF GOLD: MACD already told us the downward momentum is gone. RSI is Overbought All these telling me Gold is facing Daily Resistance. I will look into a small time frame to find. Any bearish pattern: Double Top, Pin Bar, Bearish Engulfing and short. Trade with care and use good money management. If you don't understand the setup please ignore the trade....
XAUUSD 1H Structure break and pull back
After a 4h correction let's see where this movement goes. It can drop a lot more, but Risk reward its pretty attractive.
Hi there, XAUUSD is struggling for upside and pushing slowly for upside. Soon it will break down and will break down hard once it will break down then keep selling the XAUUSD all the way back to the bottom.
FOREXCOM:XAUUSD * Support level reached * Looking for a buy signal via price action on H4 * Note that the support COULD break in which case a short to 1175 would be favorable More details to follow!
XAUUSD I'm looking for price to return to a short term support level around 1220.78 1. A buy signal would need to print like a hammer or bullish engulfing pattern in order for the setup to be valid 2. No congestion (if there is it means the bulls are battling and the support may fail Note the support levels drawn with dotted lines. Like this idea to receive...
XAUUSD Short Trade Idea: Gold Is Falling Hard. Looking For This Move To Continue. Watch Out For These Four Hour Candle (We Don't Want A Wick Forming). SL: Don't Have A Tight SL You Will Ruin The Trade