Gold with target at 1760! Last week we saw it possible for Gold to drop below 1800
We think that this move has now began and we're now looking at price possibly reaching the target at 1760!
On Friday we saw price rejecting the resistance zone and it's now trading at the 1855 support.
The next target after the breakout is 1817 where it's pretty certain that we're going to see reaction before the next move down to 1760.
This move will take some time to complete but since we know what is the main direction and the support and resistance levels, it's easy to trade it.
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Metal
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Gold bullish start to the week ahead?Friday we had gold making some big moves on the last trading day of the week. We saw a large impulse which has broken this down channel we have been stuck in & also a pullback to test the structure we have broken out of. Now to confirm a buy at this level we would be looking for a rejection candle and price not to break 1885 to confirm our inverse head and shoulders that's forming better on the 30M
Metal (MTL) formed bullish Gartley for upto 35.50% moveHi dear friends, hope you are well and welcome to the new update on Metal ( MTL ) token with USD pair.
On a 2-hr time frame, MRL has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
MTLUSDT (METAL) Daily tf Range Updated till 13-4-22MTLUSDT (METAL) Daily timeframe range. this is a decent alt with decent price action. it did faced some brutal p and d and trust me those telegram channel tried too but any pump from above its low or #sprint test is not a bad rep and its good food for position traders. same goes to drop from range tops. beside these it did been reasonable to its zones and provides some nice swing and intraday setups.
Metal (MTL) formed bullish Gartley for upto 17.5% moveHi dear patrons, hope you are well and welcome to the new update on Metal ( MTL ) token with Bitcoin pair.
Previously we had a nice trade of MTL:
Now on a 4-hr time frame, MTL has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LONG ON GOLD XAU/USDGold fell today because of peace talks regarding the war but has since found its floor which was a previous major support zone and is starting to turn around.
Macd is showing upward movement with a potential golden cross.
RSI is also coming off the lower levels of the oversold state.
Here is the play I will be making on this pair:
P = 1921
SL = 1912 = $9 move 90 PIPS
TP 1 = 1948 = $27 move 270 PIPS
TP 2 = 1960 = $39 move 390 pips
XAUUSDI believe gold looks to start the week bearish before any further up moves.
Supported by this reversal idea head and shoulders and using FIB for targets. Adding to this Idea I have a bullish setup showing on USDXXX pairs which may help drive this trade.
I would be careful as this can be invalidated very easily due to everything going on with Russia, Pandemic & we have FOMC meeting this week where we will see how investors feel and I expect an unprecedented level of volatility which I will not be trading
XAUUSD ,Will the bulls continues its run on March beginning ?Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down and formed a bearish pin bar in Weekly chart,
At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone or if the price breaks down the support, it may goes down further
Analysis only for education purpose