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Xauusd4h

PULLBACK ON GOLD THEN WE GO LONG AGAIN Gold has shown some incredible bullish momentum. On the most recent bullish move on the 4hr we can see 1-5 impulsive bullish wave cycle till the point of resistance where price is retracing bearish. Price has the potential to reach the price level i have marked with the grey horizontal line before price moves up bullish. I will update the analysis according to how price reacts a long the way. Grey line - entry Red line - stop loss Green line - take profit Risk on trade - 1% RR - 1:2 Hit that follow button for more value :)
FX:XAUUSDLong
by Malika_Analysis
My GOLD SELL trading working GREAT! Continuation or Bounce?In Sunday, I posted about selling Gold at the red resistance area. As you can see, that trade is working great so far with more than 250 pips profit. Right now, it would be interesting to see if Gold can make a recovery. The green lines are the SUPPORT areas from where Gold can bounce up. So, if you sold XAUUSD with me, take profit if price starts bouncing from any of the support areas. I believe that XAUUSD will find some support around the 1310 area where can can look for BUY entries depending on bullish price action
FX:XAUUSD
by TraderAvDM
1
XAUUSD: BIG SELL if RESISTANCE AREA Holds.Hello Traders, in my previous XAUUSD Ideas, I have advised you to BUY Gold at support near 1275. As you have noticed, that BUY trade went great and we managed to get more than 750pips. Now, I would like to draw your attention to a POSSIBLE SELL SET-UP in Gold. As you can see XAUUSD has hit a RESISTANCE AREA on the daily chart(light crimson rectangle.)This is an area where price has reversed lower very sharply on previous occasions. So, depending on BEARISH PRICE ACTION, Traders can look for SELL between 1343-1348 with SL above 1352. TPs can be set at 1330, 1325. I have also indicated the POSSIBLE SUPPORTs with Green lines in my chart.
FX:XAUUSDShort
by TraderAvDM
1