Are you agree with my idea?
I see this as a correction, waiting for break of structure confirmation before shorting
Gold is in consolidation phase between 1965 to 1900 trade carefully Buy at low
*ENG* - Price reaching our first goal of 2020. - We are expecting a break and retest and a move higher to our higher high. *PT* - Preço próximo de atingir o nosso objetivo de 2020. - Estamos de momento a aguardar um break e retest da nossa zona e um move maior até ao nosso alto mais alto.
Short Idea ONLY SELL ONCE ZONE IS BROKEN.. THIS WILL DESTROY YOUR ACCOUNT
I believe strong dollar is comming off, we will have another deflation phase as we had on february where all stocks crash and gold will make a correction due to the strenght of dollar also, DXY is oversold at 93 (still a high number) and just made a double bottom, ready for a massive move to 100+ this will send gold to 1700 price again Sl I will use 2075 TP...
Gold decision time, still favouring the downside till we have a clean break above 2050, Long positions too crowded at the moment, we need a bigger correction
I could be wrong BUT it appears Gold is about to fall.. where to? No one knows but I have drawn up where i believe the daily support level is and if the structure highlighted is broken then we can look for a sell
XAUUSD bounced off 2006.51 where it could potentially rise further to 2047.65. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Gold pulled back on Friday but the uptrend appears to be intact. In fact, Gold bounced nicely from the 100-hour EMA. If price stays above the area that I have highlighted in my chart, then it's possible that the uptrend will continue. However, if the 2015 level is broken then the next level of support lies at 1980. Either way, I will be looking at some bullish...
XAUUSD bounced off 2062.43 where it could potentially rise further to 2092.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD bounced off 2042.92 where it could potentially rise further to 2074.85. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD expected to reverse up to intermediate support at 1999.60 where it could potentially react and bounce to its resistance at 1st resistance at 2051.38. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD bounced off 195.20 where it could potentially rise further to 2001.49. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD bounced off 1935.71 where it could potentially rise further to 2026.55. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD bounced off 1931.35 where it could potentially rise further to 2026.55. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD bounced off 1945.21 where it could potentially rise further to 2026.55. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.