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Goldsignal

Gold will Target the new Low. (Daily)Hi Everyone, Gold fail to break the resistance yesteday and gold also break the support range. High Probability (75-80%) gold will aim for the Lower price and seems it will make a new Lower Range later around (1640 - 1730) or maybe if FED hike more than 75bps on 20-21 Sept 2022, it will make a lower range from 1600- 1680 to trade next month. i try to always we will keep you all updated . Please don't forget to like, comment and follow to support us, i really appreciate you support ! Goodluck i'll help you to have a great trade. Please using good money management. dont take any emotional trade. Note: Dont risk more than 0.2% on trending market Dont risk more than 1% on ranging market Wish good luck for all people. Please help support me by Clicking like button, and if you like my ideas please follow me and support me. i Relly Appreciate it! i'll make more and more great analysis if this chanel grows. on Gold , Oil , Nasdaq, SP500 , and some American, China, Japan, Indonesia stocks. Best luck for you. Cheers mate! Thankyou.
FX:XAUUSDShort
by LaurentWilvyne
2
Will Gold break under important support?On my Monday commentary, I said that 1720-1730 should be strong resistance and rallies towards that zone should be sold and, indeed, after an overnight spike in that zone yesterday, the price reversed strongly leaving a long-tailed red candle on our daily chart, a clear indication that bears are in control. At the time of writing Gold is trading under the 1700 figure and a continuation to the downside is very probable. I expect a break of support in the near future which will also confirm a large double top that we've spoken about on Friday. The strategy should remain the same: Sell rallies and this bearish outlook is valid as long as the price of Gold is under yesterday's high. Monday's Gold analysis: Friday's Gold analysis:
OANDA:XAUUSDShort
by Mihai_Iacob
8
Sell rallies is my strategyAs almost everyone has anticipated, Gold reversed from 1680-1690 zone support and now is trading 200 pips above this important zone. However, in my opinion, this is not a reversal of the leg down from above 1800 started in mid-August, but just a correction. Looking at the posted chart we can see that above 1720 is a strong confluence resistance given by the horizontal old support and the falling trend line and here traders shoul look for selling opportunities. Only a daily close above 1730 would change this mid-term bearish outlook. Best regards Mihai Iacob
OANDA:XAUUSDShort
by Mihai_Iacob
33
Will Gold drop under 1500? (Long term view!!!)In this post, I will focus on an overview of Gold and what could happen in the long term. In the short term, everyone saw the support from 1680 and is aware of the possibility of a rebound... So... Looking at the weekly posted chart we can see that after the high above 2k back in spring, Gold has started to drop, putting in lower highs on our chart. After the touch of the long-term trend line in May, Gold reversed, but soon after, in June, has broken under and quickly dived to the 1680 important zone. In July we again have a rise, just to be completely erased by August price action. This whole dynamic gives me an indication that Gold could drop under 1680 and by this, it will also confirm an immense double top pattern that took two years to complete. That being said, I'm more inclined to a continuation to the downside when it comes to medium-term price evolution, and considering the measured target for the double top pattern, we can see Gold trading under 1500. In the short term, we can have a rally, but in my opinion, it will be short-lived and should be used as a selling opportunity for swing traders.
OANDA:XAUUSDShort
by Mihai_Iacob
38
EURUSD SCALP SELL NOW!HI Team, See linked post for in depth GOLD analysis this week, which covers all USD news. Look out for news later today at 1300 GMT. Currently in a daily Elliot ABC ascending correction, and looking for breakdown soon. Safest sell is within the ascending channel, but worth looking for a breakdown of that with at least one position. I expect a small 30M timeframe retracement, but if we do not get it, sells on break of shown trendline, safest first TP and point of SLBE would be floor of this corrective channel. Good Luck, Trade safe DrBear
Short
by DrBear
GoldViewFX- DAILY CHART UPDATED SETUPHey Everyone, Please see our updated daily chart setup. This is just for this week and not to be mixed with our long term daily chart setup (SEE BELOW), which we have been following. DAILY CHART LONG TERM SETUP (1816 OPEN TARGET) The new daily chart setup is for this weeks movement only and JACKSON HOLE. We can see FRIDAYS candle close with ema5 crossing MA21. A new daily candle open this week will confirm the lock confirming momentum down with daily chart support at 1709. Daily chart next resistance level is at 1755. Any immediate momentum up with a break above 1755 can invalidate the EMA5 cross ma21 so it will be wise to let Mondays movement play out to establish a true range in this setup. As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
7
GOLD THIS WEEK STEP ONE SELLHi Team This is stage one for this weeks gold trade. See linked post below - we rose as expected on todays news, and rejected as expected from the descending weekly resistance. Now if the time to enter out first sell attempt. I would advise SLBE as soon as possible, and if price slows down at ascending channel support, suggest closing half positions out. Tomorrow is a big news day too, and should see the Dollar rally. Please remember that small lot sizes make good money. There is no need to over trade. Good luck, trade safe DrBear
TVC:GOLDShort
by DrBear
3
Gold Breaks above the trendline resistance, what is next? After a long time, gold breaks above the trendline resistance. Though gold is still under the horizontal resistance level of $1810. After breaking above the $1810 price zone, we will get the confirmation that gold is going to upside again for another time. Technically, from the present rates, major support is identifying nearly at the $1785/1780 price zone. So, we would suggest buying gold nearly from this price zone. Stop loss should be below at $1750 price zone. The alternative scenario is if gold breaks above the $1810 price zone, we can buy instant and continue our long order. In that case, we can use our stop loss below the $1777/1775 price zone. On the other hand, if anyhow gold manages to stable below the $1775/1777 price zone, gold may continue its downtrend again. And it will be considered as a fake upside break out. Keep in touch for further updates.
FX:XAUUSDLong
by Gold_Trading_Expert
2
Gold could drop 500 pipsSince 21th of July's low, Gold has risen more than 1000 pips in a clear uptrend. However, the rise from the 1755 low is drawing a rising wedge pattern, and also the price action from this week has put an H&S on our chart. A new attempt to conquer 1800 failed yesterday, giving us the right shoulder and the idea that bulls may very well be done. At the time of writing Gold is trading under ascending trend line support (also confirmed by yesterday's high) and exactly in the horizontal support A break here could lead to a steep drop to important 1740 support. Interim support is at 1755 (horizontal support and rising wedge's target) and this bearish outlook is negated by a daily close above 1800. Sell rallies remains my preferred strategy
OANDA:XAUUSDShort
by Mihai_Iacob
28