EURGBP SHORTHello Bunny's, here is my analysis for EURGBP. Let me know in the comment section if you guys have any questions.
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Thanks
Xuausd
Short GoldPolitical tensions have been high, seeing knee jerk reactions and gold buys. 1600 high was rejected. Looking for short opportunity down to 1,530.
QUICK SHORT OPPORTUNITIY ON 2H CHARTEverything is clear on the chart entry region, stop loss and levels for targets are represented on the chart. There is a potential harmonic bearish deep crab pattern.
Any cricitism is appreciated
This idea is not investment advice.
Regards,
Zelâl Ada
Gold - XAUUSD to Move Higher in the Medium to Long-termFundamentals are coming out strong for bull momentum with lack of positive trade negotiations and added fuel to the fire with the bill set by President Trump for Hong Kong Protestors and further restrictions on Huawei citing national security concerns. Additional tariffs to be struck on December 15th with China saying that and past tariffs must be removed to complete a phase 1 deal. All this surrounded by new concerns of yet another trade war between the US and EU on the rise as tariff dispute has flared up again over subsidies for aircraft makers Boeing and Airbus.
Technical level currently is the $1450 support we fell to on the week of November 4th and have been supported for the past 3 weeks. Further support added from the 21-week EMA.
Current yearly gains are sitting at 13.9% but far from past years with strong performance;
1979 = 136.2%
2007 = 31.2%
2010 = 29.5%
2019 = 13.9%
December could be the month that will send price up to complete yet another record setting performance in the gold market.
We have seen already 1 correction/consolidation that formed a nice flag pattern along this bull market that started in September 2018 at the resistance of a longer-term wedge pattern, once price broke that level price was free to climb without any clear resistance level. We are finally seeing yet another flag pattern forming a 2nd correction/consolidation. This could very well be the level that price has completed its correction and continues higher.
Gold LongBuy order on gold. Looking to enter at the lowest point of the current zones support. @1456.0
Support should hold. Expecting a bounce up to retest 1463 zone which was previously broken. However If price manages to break below 1455.5, we can expect further downside to 1450. For that reason, the stop loss is very tight, at only 20 pips (200 micro)
Entry: 1456.0
SL: 1454.0
TP 1: 1463
TP 2: 1470
GOLD BUYBased on 4hr chart, we can see that there are higher lows and higher highs being formed, with long multiple wicks rejecting the downside around the 1468 area. There's also a beautiful ascending channel developing. These confluences are enough to give me a Bullish bias. The SL is very tight due to the current economic conditions, especially as the ongoing US-China trade talks could cause Significant price movements in either directions.
ENTRY: 1467.50
STOP LOSS: 1464
PROFIT TARGET 1: 1480
PROFIT 2: 1490
RATIO: 7:1
GOLD 4H - POSSIBLE 1 MORE DROP BEFORE FLY? XAUUSD
Price is in strong bullish trend overall.
Can see deep retracement in the moment. Target 1 more drop before price fly up high.
Target Entry: Sell @ 1505
SL @ 1530 (250 pips)
TP @ 1455 (500 pips)
Note: SL I placed is safe zone. I might cut loss early and look for reentry once the price is in strong bullish trend.
TAYOR
OH MY GOLDDDDDDgold longggggg
thats right, im looking at swinging this bad boy, its broken a resistance level that took 6 years to finally do, thats a big factor in this,
also with the way US30 is and the trade war, investors will be looking to safe haven their assets, this again will push gold up further,
wait for the re test before entry young mt4 clickers.
once retested enter long and ride it up to the high heavens!
:)
XUA USD LONG TERM GOING UP H4 CHART100% wil hit the targets! thank me later, see you next couple weeks..
XAUUSD..SELL OR BUY???With the slowdown of the trade war, Gold may begin to correct its move. Otherwise it will continue to climb by breaking the 1356 price.
BUY GOLD, WOMEN LIKE IT :)HELLO,
BUY GOLD @1300 AREA, STOP INDICATED, TP AS WELL. AT 1330 WE ONLY LOOK FOR A SELL, DON'T SELL GOLD HERE NOW.
Gold Under Pressure From Rising USD AgainSo just when you think everything is golden, maybe it's not!
From a recent high of 1326, we're now at key support levels if this latest Gold run is going to continue. 1303 is first up but if that's breached then it's 1295. If we go through here, which is imo a significant support level, then 1281 may not be far behind.
That said as always, much depends on fundamentals and of course the US$, which is stubbornly refusing to fall. Even if we do have a major collapse in the Gold price, I'm still long until the Kumo (green cloud) is breached, and/or the (orange) Chikou Span line drops beneath the price candles.
GOLD GOLD will be more down. already break Rang now wait for support than fall more. Our target 1271 and second target 1251. so now we need to break out 1276 level. keep on eyes
GOLD Long D1 and H4 Already IS Bullish and It Has Heavy Volume On Gold That why we expect it still up side
