What a trade - Easy TP. All live and in front of ur eyes....
Idea is attached.and you can see that it gave +50 pips in no time Follow for more Trade Ideas like this
Technical analysis: Gold is isolated within healthy Ascending Channel on Daily chart with the latest Weekly High’s at #2,195.80 (representing configuration only few points above from strong Resistance zone as well) as the Higher High’s Lower and Upper zone diagonal is priced at #2,144.80 - #2,152.80 extension. If Higher High’s Upper zone gets invalidated to the...
Technical analysis: Gold is isolated within healthy Ascending Channel on Daily chart with the latest Weekly High’s at #2,195.80 (representing configuration only few points above from strong Resistance zone as well) as the Higher High’s Lower and Upper zone diagonal is priced at #2,144.80 - #2,152.80 extension. If Higher High’s Upper zone gets invalidated to the...
GOLD at breakout level and bottom trendline support if breakout then price can tap at 2195-2199 again if breakdown then 2171-2168-2156 -Trader_Muru
In terms of operation, continue to pay attention to the shape of the 1-hour chart. Regarding the current overall trend, it is still bullish. Although there is a retracement, the short-term upward channel is also intact. It is very likely that after a certain amount of shock repair, there will be an opportunity to choose the direction again. Let’s first look at the...
According to the golden hour chart, the current trend is still strong. But it is difficult to maintain the 2170-2171 area. The blue box is my prediction that the market will correct. The current market will be relatively volatile, and short-term trading can be used to make scalping profits. We expect a pullback from this blue box. ------------------- Share...
Gold looks to make a retracement to the 2140's zone and after which we look to pump till the 2300's before a projected point of return (PoR) Thanks 👍
Dear friends, gold is currently consolidating near the 2078 position, and the highest price of gold last week has reached around the 2095 position. Can gold continue to rise and break through the 2095 position? Can we still go long gold in short-term trading? Judging from the gold trend, we can find that a long-short dividing point for gold in the short term...
Looking at XAU on the higher timeframes, we find ourselves at a level where I'm hesitant to buy, but the market isn't quite a sell yet. Given that we're at an all-time high with no references, I've used the trend-based Fibonacci extension to establish my levels along with my fixed Pivot levels. Scalping is fine. Here's where we stand: 1. We're at the top of the...
In the ever-changing landscape of commodities, gold remains a steadfast asset, attracting attention from investors worldwide. Recent developments in the gold market have prompted discussions and analysis, as market participants closely monitor economic indicators and geopolitical events for insights into its trajectory. Despite challenges such as inflationary...
In the world of commodities, gold remains a cornerstone of investment strategies worldwide. Recent developments in the precious metals market have sparked renewed interest in gold, captivating the attention of investors globally. From economic uncertainties to geopolitical tensions, various factors influence gold's price fluctuations and market dynamics. As...
I'm looking to buy gold when it reach to the zone after it striked all the liquidity (This is just my own ideas and I am doing this just to track my journal) (Please don't try it) It formed Decending Triangle making Liquidity below and likely perhaps to push down approach demand the recent swing low Buy 2158.19 SL 2155.70 TP1 2196 or Higher TP2 2200 RR...
Gold (XAU/USD) gathered bullish momentum and reached a new record high above $2,180 this week, boosted by falling US Treasury bond yields and the broad-based selling pressure surrounding the US Dollar (USD). The pair stays technically overbought ahead of next week’s key inflation data from the US.
Hello Traders, Critical Zone Breakout from Supply Zone Indicates Potential Upside Momentum, While Failure to Respect Signals Downside Pressure Ahead. We have A Supply Zone. If The Price Breaks The Supply Zone, Take Entry While Retesting OR Pullback of The Move Otherwise If It Respects The Supply Area Then Look For The Short Entries! Please Note That The...
Pivot 2168.00 Our preference Long positions above 2168.00 with targets at 2195.00 & 2205.00 in extension. Alternative scenario Below 2168.00 look for further downside with 2162.00 & 2155.00 as targets. Comment The RSI lacks downward momentum. Supports and resistances 2215.00 2205.00 2195.00 2178.05 Last 2168.00 2162.00 2155.00 Number of asterisks...
Either the roadblock gets exceeded and we go up or supply exceeds demand and we sell from roadblock. What do you think?
GOLD → 2200 is unaffected. Are we close to a correction ? GOLD has been trading quietly since the opening of the session, but after a strong growth the price starts to stop. 2195 - 2168 actual consolidation. It is necessary to follow the reaction of the price to the flat boundaries The market today without news, trading can be quite calm. The dollar index is...