gold and silver

Posts: 96 · #31 - November 17, 2019, 10:16:03 AM

Analysis of Gold TF H4

The price has gone up before and formed the highest price and the price has corrected to the fibo pullback and the price has risen again and the price closed above the fibo 100% then it is predicted that the gold price will strengthen up to 1474-1475 and if it breaks then it will continue strengthening until 1482 in the Supply zone. macd ao and rsi indicate a bullish trend and have not yet reached the overbought zone so it is predicted that the strengthening will still take place. but because the new Monday market is open and usually low volatility, especially in the Asian market, it is predicted that sideways will occur first in the Asian market and a significant movement will start when the European market opens at 19:00.

Conclusion: Bullish

Posts: 527 · #32 - November 23, 2019, 02:59:50 AM

Gold at the closing of this weekly closed with a bearish price level of 1461.xx, but on the technical side of the picture that I analyzed that the possibility of prices will continue to go down because on the shape of the pattern formed a bearish flag pattern. Take a look at the black box that I marked on the left side there is a small demand barrier that is holding back prices, it will likely bounce back there at the price level of 1450.xx. if next week it will bounce back to the demand area the closest target is the upline trendline at the price of 1490.xx (green arrow) But if it breaks then we just wait until the demand area at the price level of 1412.xx as shown below.

Posts: 454 · #33 - December 01, 2019, 07:03:33 PM

gold has technically touched the level of 100% Fibonacci expansion is likely for daily tomorrow per H1 will go down first at least in the area of 61.8% to 50.0% ie between the price level of 1460 to 1455 for aggressive traders can use the moment to sell scalping with take profit at prices 1460

Posts: 339 · #34 - January 06, 2020, 09:00:09 AM

For gold in this week seems to be going up at least at the price of 1600.00 and seen prices have started to bounce up after bouncing in the demand area of 1570.00 I recommend buying up to the highest price of 1587.00 as take profit.

Posts: 339 · #35 - February 15, 2020, 07:19:12 PM

In such a situation Gold is clearly still going to continue its existence to rise, it looks like Gold will form a pattern AB = CD that will end in the 161.8% Fibonacci area as a first step to continue the upward trend. Our job is just to follow the trend and we can take advantage of open buy positions with targets in the 161.8% Fibonacci area. Currently the price is in the area of 1583.00, we can do an open buy tomorrow until the price of 1595.00 as the target.

Posts: 454 · #36 - February 22, 2020, 03:52:34 PM

GOLD pair has shown its existence as a pair that counts worth proven GOLD is able to penetrate the highest price since 7 years ago at the price of 1643.00 but I am not inclined to open a buy position again, my goal is to open a sell position at 1672.00 as the last highest price for a position buy. I'm sure next week will get there and we can set a target far enough in the price of 1370.00 as a long-term trading and deserves to be taken into account.

Posts: 364 · #37 - May 01, 2020, 03:30:04 PM

Pair of gold still dominates bullish today but on the previous day the trend is still bearish moving average indicator period 5 still shows the downward direction so we will still focus on selling in the area of these price levels.

Posts: 257 · #38 - June 18, 2020, 11:58:37 AM

Bolinger band in gold pair still dominates the bottom which means we will focus on selling but wait until a sharp trend is formed. We sell at 1722.30 with a target according to each taste

Posts: 283 · #39 - June 26, 2020, 12:07:56 PM

XAUUSD

Gold is still in strong uptrend with buy levels around 1750 or better lower around 1744. this week's top 1779 could be tested again or broken. we will see but strong CHF, JPY also suggests that Gold don't wanna fall..

Posts: 283 · #40 - June 26, 2020, 06:49:59 PM

UPdate : So price hasn't reached 1744 but it was close (between 1744-1750) ... classic dip buying in the uptrend today.

Posts: 454 · #41 - June 29, 2020, 07:18:13 AM

Gold on tf h4 is still above the moving averages of 20 and 50 but is likely to rise towards resistance. On tf m30 and m15 we will focus on buying at the price of 1768.00 we will wait for the trendline break below the target can be adjusted and keep the MM

Posts: 454 · #42 - June 29, 2020, 08:22:28 PM

Gold on tf h4 is still above the moving averages of 20 and 50 but is likely to rise towards resistance. On tf m30 and m15 we will focus on buying at the price of 1766.00 we will wait for the trendline break below the target can be adjusted and keep the MM

Posts: 252 · #43 - July 02, 2020, 05:16:14 AM

At the current gold currency pair on h4 timeframe is still above the stochastic indicator it is also still above we will focus on selling at small timeframes at m30 and m15 around the price of 1778.56 and the nearest target of at least 10 pips

Posts: 252 · #44 - July 02, 2020, 07:16:53 PM

At the current gold currency pair on h4 timeframe is still above the stochastic indicator it is also still above we will focus on selling at small timeframes at m30 and m15 around the price of 1779.90 and the nearest target of at least 10 pips

Posts: 252 · #45 - July 05, 2020, 09:56:26 AM

At the current gold currency pair on h4 timeframe is still above the stochastic indicator it is also still above we will focus on selling at small timeframes at m30 and m15 around the price of 1778.70 and the nearest target of at least 10 pips