mannyman1

I have a sell limit on Gold Sell Limit : 2428.38 Stop Loss : 2484.27 Take Profit : 2370.90 H4 is overall still bearish so I am still focused on shorts I have no reason to buy Gold currently unless trading conditions permit it and right now they don’t especially not for a intraday setup

Gold price retreats from all time high amid profit taking. Gold price struggles to capitalize on intraday move up to fresh all time high. The risk on environment prompts some profit-taking amid a slightly overbought RSI. September Fed rate cut bets keep the USD bulls on the defensive and lend support. Gold price hits an all-time high of 2483 on growing expectations of a Fed rate cut in September. Trump potential election win fuels market volatility, driving investors to non-yielding assets. Lower than-expected inflation data and Powell’s dovish comments underpins Gold. Pair hits the vertical resistance and created diagonal is well. A Good bullish impulse also be done in one side for the continuation of trend a correction phase is expected here towards the mentioned fib retracement Level.

Price still looking for a good horizontal support two important support zone near 2000 and 1974 good for buying if price follow the same structure we may see good bullish reversal within a channel still price before fomc giving bearish

Price moves along the ascending channel and rising support works alot here. Due to a cluster of support still watching long. This setup will only be valid if price remains within the channel . If this channel breaks and candle closes below fibo level this setup will fail.

Scalper can close if satisfied set.BE to hold your position. +83pips caught

Is in range of support and resistance . price has taken a bullish move after hitting the major support zone near 1892. in my last prediction i was considering a very strong support because price has also formed also a reversal pattern of falling wedge on the support and we have seen price did same . During unemployment claim data price dip downside and take support on 1904 zone and move up. That why during data support again may act and push the price up

Pair almost broke descending resistance and close above the zone and now moving for good impulsive move here retest of the mentioned zone is very important if price come to this zone we may see a good bullish move

Pair is making lower lows and contracting near the strong support zone and last demand zone where we have seen bullish recover last time

Price rejected 1900 support and has shot up from there creating a new higher low at 1910 on this hourly timeframe. Now currently broke through 1920 resistance and using it as a support now, definitely could see price push higher towards 1935 if that 1920 support holds

Am looking for sells during this week.Target is at 1922 Lets see how it will play out