In the above Daily Chart, we've forecasted a marginal high of Gold(XAU) to around 2,060 and from this level we expect a correction ABC to around 1,800 where the smart buyers must appear with higher probabilities. In weekly(W) time frame, Gold(XAU) has a bullish structure.
Note
The Structure shown in our daily chart is still update and for any significant changes we'll update again.Note
The Right Side of Gold(XAU) in H1 and H4 is now UP. Our daily chart continue with strong consistency.Note
Gold (XAU ): 4H;1H- right side is UP.A swing trader can buy, but with a stop loss in the last LOW round 1,937, and a target round 2,025.
Our daily chart continue with strong consistency.
Transaction en cours
Technical Analysis:
- Gold(XAU) in H4 is Bullish
- Gold(XAU) H1 Right Side is Up
- Gold(XAU) is doing now wave (3) in blue
- The orange circle of Wave (4) in blue can be a very short term edging buy area
- If you're a swing or position trader, wait for the end of correction in wave 2 in the orange circle to buy
Transaction en cours
✅ ✅ ✅ OUR WEEKLY CHARTS ARE STILL CORRECT IN THE LAST FORECASTS
Technical Analysis:
- Gold(XAU) weekly direction is Bullish
- H1 & H4 Right Side are Up
- As shown in the chart, XAU is still in a progress to finish a wave ((1))
- The best buy hedging area is when wave ((2)) is complete around
Technical Information:
- In the short term/swing trader can buy in wave (4) in blue and sell in the end of wave ((1))
- Position trader also can buy in the end of wave ((2)) in black at
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✅ Get trading news and learn about amazing trading strategies, tools and education
✅ iOS App: itunes.apple.com/app/id6471829868
✅ Android App: play.google.com/store/apps/details?id=com.marketrightside.marketrightside
✅ iOS App: itunes.apple.com/app/id6471829868
✅ Android App: play.google.com/store/apps/details?id=com.marketrightside.marketrightside
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
