#GOLD Long📈 at 1904
1st TakeProfit: 1908
2nd TakeProfit: 1914
StopLoss (risk 1-2%): $1900
⚡️ Read the whole forecast - Link
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Gold is drawing a global "Head & Shoulders" pattern. Does it mean that the market is turning around?
1) The price begins a correction and passes the main density zone
2) If the price goes below 1901.7, it will open the way to 1879.
3) The 1901 zone is a strong support, there is a chance of a pullback to the density peak of 1910
4) In the future there is a possibility that the correction might continue up to 1879
At the moment it is acceptable to use sales, if the price will go into the critical zones
- consolidation below 1910
- consolidation below 1901
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
👉 Forecast for today - LINK
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Gold is about to start a correction phase. This means that the potential for selling may open.
1) If the price consolidates below the ascending yellow line, it is possible to sell.
2) After the 1935 retest we expect consolidation below the level to open a sell
In either case we expect the retest and the subsequent phase of price fixing in the short zone
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Use constructive or minimum lot
Gold is a high risk trading instrument!
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Entry (limit): 1933-1935
TP1: 1929
TP2: 1924
TP3: 1919
SL: 1940
⚡️ Read the whole forecast - Link
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Gold is in the correction phase, as I said yesterday - there is a key level of 1921.9. If the price breaks it down, it will fly to 1903. What happened?))
1) The price goes down, the consolidation breaks through and the gold enters the correction stage.
2) The price tests the 1903 zone, a bounce from the 1903 level is possible.
3) The price has been moving without a deep correction since November. It rose by almost 21% and $330.
4) There is a huge possibility of a deeper decline
5) Strong support at 1903, 1890 and 1869
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
For the period from 23.01 to 27.01:
💛GTA VIP1: Intraday Signals:
Total: 32
Closed at a loss: 6
Closed in profit: 25
Accuracy: 76%
💙GTA VIP2: Mid-Term:
Total: 1
Closed in loss: 0
Closed in profit: 1
Accuracy: 100%
GTA VIP1 Profit: +870 pips!🔅
GTA VIP2 Profit: +100 pips!🔅
💥TOTAL: +970 pips!✅
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
⚡️ Read the whole forecast - Link
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Gold goes into consolidation. Forms a 1940 resistance range (1935) - 1918 - support. The strong growth since the end of November is exhausting and the price needs to gather energy for further moves
1) A global H&S pattern is forming.
2) 1935, a strong resistance zone , is keeping the price down
3) Strong support area keeps the price down
4) Volume profile - price forms a strong consolidation. The area 1930-1925 is a heavy zone and it is not worth trading in this area
5) It is acceptable to sell from resistance
6) It is acceptable to sell from support
This price halt and global reversal patterns may form the first signals for a possible correction. Trade carefully!
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
For the period from 09.01 to 13.01:
GTA VIP1 Profit: +360 pips!🔅
GTA VIP2 Profit: +80 pips!🔅
TOTAL: +440 pips!❇️
By purchasing a subscription, you get access to all three channels.
👑 Join the vip: @GoldTechSignals_bot
👉 $75 a month for everything!
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
⚡️Read the whole forecast - Link
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Gold looks on the chart like it is still going to continue its rise. The price is increasingly consolidating, before making a small move
1) The bullish trend continues to be relevant
2) Price is above key levels, there are no strong areas from which to confidently sell
3) Price is in the 1948-1903 range, so it is logical to expect price to move from border to border
4) The price seems to be going to form a correction (judging by the outermost bar). The price updates the local minimum, Friday closes below the opening price
5) Support level 1903 has not yet been tested - the current target
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
Point 3: From the 1902 zone a pullback is formed and the price already reaches the 1912 mark
Signal from VIP🏅. The first target and profit of +40 pips is reached!
The price has consolidated under the trend line before it reached consolidation resistance. I pointed this out in the first paragraph.
But at the same time, I tried to hold the trade to the end. Here's what happened)
Average profit +$5500✅ for one day
🔥Performance of VIP channels with signals on XAUUSD
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
✅️ 23.01 to 27.01 +970pips🏆
By purchasing a subscription, you get access to All Three VIP channels.
👑 Join the vip: @GoldTechSignals_bot
👉 $75 a month for everything!
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
#GOLD Long📈 at 1924
1st TakeProfit: 1928
2nd TakeProfit: 1934
StopLoss (risk 1-2%): $1920
⚡️ Read the whole forecast - Link
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Gold is in the correction phase. RSI indicator forms a bearish signal. There is a potential for a small correction.
1) The price stops and cannot yet overcome the local highs to reach the nearest resistance 1948
2) The trend is still ascending.
3) A bearish correction may start to develop on the uptrend, the first target is 1903
4) 1921.9 is the key level. If the price fixes under this zone, the potential for the price fall to the level of 1903 will open
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
✅️ Signal for GOLD
Bulls and bears have been actively fighting for the zone for two sessions. By the end of Friday it becomes obvious that the sellers prevail in the situation.
The signal to sell is formed, I will follow the situation from the session opening
🆙 Join the VIP so you don't miss the signal!
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅