Gold GBP is showing Cup and HandleGold GBP is showing Cup and Handle, there is no divergence recorded in RSIShortby aalihassan0
GOLD/GBP Bullish Trend continues on trending lineIf you're observing a bullish trend in the GOLD/GBP pair and it continues along a trend line, that suggests a favorable outlook for the price of gold relative to the British pound. Here's how you might interpret this situation, Remember that trading involves inherent risks, and no strategy guarantees success. It's crucial to conduct thorough analysis, use proper risk management techniques, and stay informed about market developments. If you're uncertain about your trading decisions, consider consulting with a financial advisor or professional trader.Longby aalihassan0
Clear bullish gold moves for this week incomingI have published my ideas for a bullish uptrend for XAUUSD this week 1. Chart shows a clear uptrend and certain support zones have been respected 2. Overall outlook looks bullish and this trade is in my eyeliner for this week 3. Three clear Tp's to work from and if we break TP3 I see a clear run to the 2080 area again 4. Will keep an eye on international scenarios & news to see if anything plans into our bias Good luck all and I hope the charts are kind to you this week Longby GoonBoyCrypto4
Gold fib retrace tradeLooking for a nice retrace into our golden zone ready for a bearish move down to take out the lowShortby GoonBoyCrypto554
GOLD/GBP - Bullish run with good indication..Hi all, Here we have GOLD/GBP, I believe we my have a start of a new trend with a bullish run, we seem to have caught the pullback ( came to the 0.618 on the FIB) which is a good confirmation and the previous support on the 4HR time frame. Both the DAILY and 4HR time frames have a bias of long which leads me to believe that we could could catch a good few pips on the upside, Here I have my TP at the previous high on the 4HR time frame, then reassess the situation and hopefully retest the next level and continue to push up. Good luck and trade safe. ** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **Longby TradingwithL0
XAUGBP - In Bullish TrendXAUGBP is in bullish trend as it is making higher highs and higher lows.Longby junaidkhanji0
gold priced in british pounds.That rising channel for Gold priced in British Pounds is very close to breaking. #gold #gbpusd #fintwitby Badcharts2
XAUGBP - Trend ContinuationXAUGBP - Bearish rectangular pattern signals bearish trend continuation in case of breakout.Shortby mominmechan1
XAUGBP - LONG 25/6/23XAUGBP breaking the bearish structure & and is now creating higher highs. Also sitting on strong support which has been been hit numerous timesLongby riskditall221
XAUGBP Long BullishBullish Trend. No Divergence Sentiments are Bullish British Pound Index(BXY) Looking weaker Take 1% Risk of your whole Account Entry Point: 1610.428 Stop Loss: 1598.89 Take Profit 1: 1621.52 Take Profit 2: 1633.49 Longby MAAwan2
Gold shooting starGold very briefly hit a new high today but the candle is a shooting star on the 12 hour chart so perhaps indicating a failed breakout.by MrAndroid0
XAU/GBP GOLD GBPCup and handle patterns, weakness in stock's will transfer too gold! gold priced in GBP has been out performing USD. this is mainly due to the dollar being a reserve currency. the dollar has maintained its strength using other countries as collateral. higher devaluation in GBP we will see a higher increase in GOLD. only have too look at gold/lira as a prime example. gold is money! fiat is bankers IOU'sLongby dibz19960
Gold-GBP breakoutLong term breakout in XAUGBP With banking crisis and collapse of couple of banks in US, there’s flights to safety And Gold Bullish action in play againLongby Vinodinvest1
New gold GBP ATHToday the price of gold in British Pounds has exceeded the previous all time high breaking the top resistance line. I will now look for a re-test of that level to see whether or not this is a false breakout.by MrAndroid1
XAUGBP BreakoutQuite a solid breakout on the XAUGBP chart after 4 previous fails, will keep an eye on this to see if it is sustained and then look at opening Long positionsLongby luna_capital0
Mixed signals on Gold/GBPThis chart shows the price of gold in British Pounds, a currency that is generally weaker than the dollar. Here I think there is a pretty good parallel channel of the long term uptrend. The more near term shows a potential ascending triangle which is usually bullish. However on the RSI I see divergence in momentum compared to the more recent high.by MrAndroid110
XAUGBPApproaching a level of high resistance on Gold vs GBP however expecting that if the price clears 1600 then it will continue to rally towards the upper trendline.Longby luna_capital0
XAUGBP - Long- Bullish channel - Bounce of support at 1532 area - Resistance of mini channel broken (1540) - MACD ad Oscillator showing bullish potential - In agreement with moving average bullishness Longby francesgurton110
Long $XAUGBP Tight Stoploss Buy This zone $XAUGBP 1396-1416 area. Tight Stoploss as the chart This may form a cup and handle. Longby theorisUpdated 1
Gold v GBP breakdownOne currency that has had a lot of downward pressure on it recently is the British Pound. However gold has fallen under a very strong diagonal trendline that has held for a long time. Given the pound is weak, does this mean gold is weaker? Seems like if future inflation expectations were high then gold would be doing better.by MrAndroid1
Weaker looking candles at the top on gold/GBPLooking at the price of gold from the perspective of the British Pound which is a relatively weak currency compared to the dollar, it looks to me like the candlestick patterns hitting the top resistance line of this chart are successively weaker indicating less conviction from buyers about getting above this all time high. Indeed the latest one from this week has quite a pronounced shooting star look to it.by MrAndroid0
Gold pounds chart zoomed outHere is the reason for my scepticism about buying this gold pump. The price is at the top end of a long term channel and there is momentum divergence. The all time high has failed to be breached twice.by MrAndroid2