gold and silver

Posts: 339 · #61 - July 19, 2020, 08:53:17 PM

Bollinger bands in the pair gold are still trending up and we will continue to focus on buying at prices around 1807.00 because in that area we will continue the downward trend and follow the big trend wait for the doji candle on tf h1 see also the wave

Posts: 339 · #62 - July 20, 2020, 11:31:32 AM

Bollinger bands in the pair gold are still trending up and we will continue to focus on buying at prices around 1810.72 because in that area we will continue the downward trend and follow the big trend wait for the doji candle on tf h1 see also the wave

Posts: 339 · #63 - July 21, 2020, 05:38:37 AM

Bollinger bands in the pair gold are still trending up and we will continue to focus on buying at prices around 1816.00 because in that area we will continue the downward trend and follow the big trend wait for the doji candle on tf h1 see also the wave

Posts: 527 · #64 - July 21, 2020, 08:53:21 PM

The gold currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 1837.00 with a target in the nearest supply area or can according to their individual tastes

Posts: 527 · #65 - July 22, 2020, 06:46:23 PM

The gold currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 1858.00 with a target in the nearest supply area or can according to their individual tastes

Posts: 527 · #66 - July 23, 2020, 01:51:49 PM

The gold currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 1866.00 with a target in the nearest supply area or can according to their individual tastes

Posts: 527 · #67 - July 23, 2020, 09:08:55 PM

The gold currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 1874.00 with a target in the nearest supply area or can according to their individual tastes

Posts: 527 · #68 - July 24, 2020, 09:11:06 AM

The gold currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 1880.00 with a target in the nearest supply area or can according to their individual tastes

Posts: 283 · #69 - July 25, 2020, 09:27:37 PM

XAUUSD (gold spot)

Gold technically reached levels from 2011 year and it looks like the rally can;t stop but i see the exhaustion zone around 1918 level with potential correction to 1850 . buyers should try to join this trend around this level. for now these are the main levels.

Posts: 283 · #70 - July 25, 2020, 09:37:34 PM

XAGUSD (silver)

biggest weekly candle this year on silver suggest strong buyers enter. if 22.62 will hold next week then 24.67 and 25.94 are possilbe as targets.

Second scenario will be correction (if price won't hold 22.62) then 21.48 would level when buyers should appear.

Posts: 283 · #71 - July 26, 2020, 11:57:40 PM

XAUUSD

strong open on Gold suggest that it can reach 1918-19 exhaustion point very soon.

Posts: 283 · #72 - July 27, 2020, 12:17:09 AM

XAGUSD - silver

Silver is holding well above the open at 22.71 and above key pivot for this 22.62 , from 2 timeframes h1,h4 it formed a pattern like a flag which suggest that new high is on the way. other scenario is that it will come back below 22.62.

Posts: 283 · #73 - July 28, 2020, 05:32:43 PM

Update to XAGUSD analysis.

the main support level 22.62 still active buyers are located there but silver made the move to the upside main exhaustion leveles around 25.95 so the upmove could be completed . Daily candle formed doji indecision candle, weekly is still up but below 50% of the whole gain. Monthly still up too .

Posts: 5458 · #74 - August 23, 2020, 06:00:02 PM

Timeframe Daily explanation: gold is forming a pinbar daily with buyers trying to go up. Timeframe H4 explanation: we will focus on the break in price the highs of 1952.xx and 1916 lows as reference support for resistance
Timeframe M15 explanation: at m15 there is a downward trendline which indicates the price is indeed down, but we will open sell when the low is broken

Posts: 5458 · #75 - August 25, 2020, 10:44:51 AM

Explanation of the daily timeframe: the daily candle pair gold is bearish so our focus is to go down Explanation of the H4 timeframe: we will observe the break in the 1936 and 1921 area as a reference for the mother candle for the price direction Explanation of the M15 timeframe: downward trendline so we just focus on selling