Gol-DTrader

Gol-DTrader

the price have broken under a very strong daily support , i expect the price to test up the resistance once more before falling down like show in chart . great opportunity to short and hunt down more than 400 pips

Gol-DTrader

gold is still in down trend and now reached an important resistance (1760) and closed under it on a daily candle . this gives me an idea that bull have run of strength and bears may start running the show again and that as long as price doesn't break above 1760 on a daily candle . the bears targets are mostly 1742/1732/1721 levels now second scenario if price...

Gol-DTrader

technically GJ is still bearish , price keeps printing lower highs , lower lows i advice to only look for sells like shown in the chart . we will consider that GJ is bullish only at the break of 153.50 level .

Gol-DTrader

let's take a look at weekly candles , you can see that pin bar candle tested 1682 and closed above 1762 ( which make 1762 a strong support ). and since price kept printing bullish candles until reaching 1831. price started his bearish movement from 1831 all the way down to 1761 again before breaking and closing under it , and forming a technical double top . now...

Gol-DTrader Updated 

gold being bearish for some weeks now , the main target for bears are 1723/1718 levels . as gold being bearish we will look for sell scalps only , the two main close resistance are 1750 and 1760 so the sell scalps should be around these levels while targeting 1723/1718 levels. good luck to everyone

Gol-DTrader Updated 

the price had before touched 1785 and fell down straight to 1745 , same thing seem happening with this current wave the price fell down as soon it touched 1785 and seem heading toward 1745 again. as long price is under 1785 gold will remain bearish .

Gol-DTrader Updated 

the price has reached a strong zone and touched the uptrend , if it holds the price swill keep pushing up and a break to 150.00 is a bullish signal for more pump toward targets that are shown in the chart.

Gol-DTrader

the price has broken down the ranging and tested it back and a technical double top is formed , if it holds 0.6498 levels the price will continue his down movement like shown in the chart .

Gol-DTrader

gold have failed to break down 1780 and the price action formed a technical double bottom , now we might see a pull back to 1798/1793 levels before a bullish continuation and an attempt to break above 1806, a break above it is a bullish run confirmation to 1814/1830 levels . as long price stands above 1783 price is likely to pump to higher targets .

Gol-DTrader

the price did a pull back to 1797 and failed to break it and we saw a bounce back to 1806 , we have a nice bullish harmonic pattern formed on higher frames and the 4 hour candle closure above 1806, with all this I suspect gold's price to retest once again previous supports at 1803/1801 before pumping up and try to reach 1812/1820/1832 levels .

Gol-DTrader Updated 

gold now has reached important levels , as you can see there is a well formed bullish harmonic pattern on the support (1794) as well a hourly closure candle above 1798 ; as long gold doesn't break under 1789 with a clear bearish candle , bulls should start to run the show and try to take the price to 1803/1812/1820 levels .

Gol-DTrader Updated 

bearish harmonic forming under a nice resistance (1882) as long price doesn't break it with clean green candles price should start falling to (1778/1773/1770) levels like shown in chart .

Gol-DTrader Updated 

gold is reaching a good resistance and a bearish harmonic pattern is formed as well , as long price doesn't break above 1800 bears shall enter to bring the price down to 1780 again , 1775 , 1767 , 1757 levels . whenever gold's price breaks under 1783 it's a good sign of bears strength . good luck everyone

Gol-DTrader

i know it's been a while fellas and i'll go straight to the point .for today's analysis we have gold that is at critical supports and we have an ABCD bullish pattern that is formed at high frames ( look at chart ) , as long as price doesn't fall down under 1840/1830 levels gold bull run should keep going and will try to touch 1870/1890/1900/1910 levels . now if...

Gol-DTrader

chfjpy has met a key resistance and the price has formed a bearish harmonic , as long price doesn't break above 125.25 level bears will enter the market and pull down the price to 121.83 at least and if it break under it we might see 121.60/121.48 levels as well.

Gol-DTrader

gold had touched 1903 ( a strong resistance) and a bearish harmonic pattern that is formed under it started to make gold reject these levels , as long gold doesn't go above 1903 with clear green candles and whenever breaks under 1893, the price will keep fall and try to touch 1880/1870 levels.

Gol-DTrader

price has reached a nice support and a bullish ABCD pattern is formed above it , i think bulls will try to push the price from these level price zones to 1.0966/1.0984 levels like shown in the chart.

Gol-DTrader

we will patiently wait for DXY to touch 90.85 or to break under 90.24 before entering gold. patience is the key . gold is still bullish despise that pull back the bullish structure is still respected . now that liquidity grab is done gold should aim to fly and print new highs .