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Goldsignal

As long as gold is above $1830/1825, We shouldn't sell gold.As long as gold is above $1830/1825, We don't need to sell gold. We won't even enter in buy mode as well unless it breaks above the $1850. Breaking above the $1850 will open the door for $1860, 1865, 1872, 1882 and finally 1892. At $1892, we have Fibo 50% retracement zone. So, there may we see some correction to the downside. Read my gold's weekly analysis for better understanding .. Before FOMC i don't think gold will break above $1840 or drop below $1825. We may see a range-bound till FOMC. When it is hard to identify the fundamental trend, its better to follow the price zone in H1 or H4 chart. That produce pips at least without any panic.
TVC:GOLD
by Gold_Trading_Expert
gold long position 17.05.21please understand this is a short trade not a swing trade. yesterdays daily candle closed beautifully with a lot of bullish pressure which price might want to act out again today. so far since markets opened, price has rejected to go lower and no our h candle has closed bullish which has high chances of pushing price higher. if price manages to hold the low that was created around 1824.28 and creates a new high we should see price reach our target as we have clean traffic to the left. our signals- a. inside bar on the h1 timeframe, b. h4 closed bullish confirmation- we need a candle to close bullish above 1830.56
OANDA:XAUUSDLong
by fxqueen98
2
Gold Analysis ahead of CPI report. How long gold will drop? Over 3 weeks, gold is falling at a stance with out any major upside correction. FED is very hawkish in their statement, and it has big chances that they will rise bank rates several time more than 50 bp in this year. To hike rates CPI is a very important report. So, if the CPI prints positive or more than 5% gold has chances to drop below its strongest support level of $1830. Breaking below $1830 will open the door more bearish in gold. And next target end of this month is $1800. And final target to the downside is $1787.. On the other hand, if CPI prints negative, we will see some upward correction as it has dropped huge. If CPI prints positive, 1st target to the upside is $1862. Breaking above $1862, next target $1877 and final target to the upside is $1900/1911
OANDA:XAUUSD
by Gold_Trading_Expert
1
Chance to buy GoldLooking through the price action, Gold is clearly in an uptrend and is at the 0.236 Fib level, Which can prove to be a very good entry point for the long run. If Gold has to continue the upside rally , 2040 does not seem unachievable, an entry ar the current price between 1940 and 1920 will be a good price to buy Gold for Short and Long term . Stop loss can be at the 1910 price level , also 1900 and 1880 for risk takers.Looking at the chart in 4 hour timeframe, the correction might end soon and gold could continue on the rally upside.
OANDA:XAUUSDLong
by shyApricot2597
2