Is Gold Price Turned Bullish ? Should You Buy GOLD? GOLD XAUUSD Strategy Today 19 Jan |Gold Signals

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Gold traded bullish yesterday and earlier in the day today we have seen gold achieving 2026 levels now what to expect from gold today can we expect it to rise past 20 3032 and can we expect it to move towards 2040 or there is still probability for it to move

Downwards create higher lows here what is going to be our strategy profit trading goal today we will see with the help of charts and indicators first update for the day next update will be released before the US s what that is towards the end of this update I’ll give

You the trading levels and strategy so watch till the end and yes if you’re not subscribed to the channel subscribe to the channel do like share and comment as well friends your every like comment and share is a great motivation for me and yes join the channel memberships and

Support the effort and get the additional benefits let’s start uh press the join button here and now let’s start with the analysis look at the early charts of gold you can find out see 2030 32 is a greater resistance after that what has happened a drop retracement and

Retracement it has created lower highs here low lower highs and lower lows it is still trading in the bearish also it has shown a reversal sign on the early charts and it is trying to retrace probability for it to move towards 2018 2020 exes is strong and then 2015 2014

Is going to remain a stronger now for the day as long as gold stays above 204 there is the possibility for a strong reversal Be watchful of also look at this see it is trying to trade in this retracement Channel with the bottom almost at the same 2014 2015 levels now

See stock I it was overbought it is looking down now and magd has retraced it is trying to converge cross over but it is not yet crossed over so as long as it stays in the bullish Zone possibility of a rise will exist RSI looking downwards coming to two likewise on the

2our charts the drop here the retracement and it is still in the retracement zone now only and only if gold trades below 2014 levels we can consider that as a reversal and then it will continue to trade on the downside creating low lower lows possibility of

Lower lows is still exist and as as in how it breaks the next support levels at 2008 then more bearishness is going to Prevail There Be watchful of this yes it is showing a reversal sign here on the 2hour charts and that is why we can see second successive red candle but

Remember very strong support at 2018 2014 levels a stock itic looking down it was overbought magd is in green it is trying to converge a bit it has not yet crossed over RSI looking down as well coming to three-hour charts on the 3our charts see retracement see first of all look at the

Slope here this is the slope and this is the retracement slope the drop is sharper and the rise is bit gradual this suggest it is still in the retracement only and only if it breaks past 2030 2032 Zone we can consider that for a reversal and then it is going to fly

High towards 20 40 plus plus levels now see on the three hour charts reversal sign after bullish candles and this is the first red candle possibility of a second red candle exist where we may see prices moving towards 2014 levels there is a possibility to it the stock itic

Overbought trying to cool down a bit magd now interestingly magd has crossed over and the candles have flattened here yet it is still not to be treated bearish because see it is trading in green thus it is sign of bullishness however I will wait because see couple

Of Greener couple of red candles it will try to convert but not cross over and then start to look upwards RSI looking down coming to four likewise on the 4r CH similar observation here it is trying to retrace possibility for it to move towards 204 2016 Zone exist and yes it can achieving

Those levels again gold might reverse that is one possibility you should always look at a stock itic is overbought trying to cool down a bit magd has just crossed over it is just two candles away and this crossover has come at a lower level so possibility for

It to continue on the upside exist is strong see this was the bottom since then retracement lower lows are done possibility for it to retrace exist RSI looking down coming to the before we look into the daily charts if you want to learn this art of trading join my

28th mentorship batch commencing on 28th of January also yes you can register for it now equip yourself with the right tools and strategies which can help you identify profitable Trends and profitable trades easily reach out to me for more details my Telegram and email IDs are mentioned in the channel and

Video description also you can visit my platform Forex fund for more details on same and yes if you just want to trade as per the signals you can join my signals channel on telegram reach out to me and yes on the platform Forex funer you will find one

More option that is to book a call with me and yes to join a webinar Series where every Sunday we discuss that integrities of the market do register for the webinar series and yes this comes with two free calls with me one to one calls where you can consult and get

Guidance Do visit the platform forex.com do join the free telegram channel for live updates let’s start uh now on The Daily charts see on the daily charts an important note here is what has happened yesterday we have seen lower highs higher lows and gold try to consolidate

Its position now what is happening it has achieved a high and trying to retrace so first position is that yes it can try to move towards 2014 2016 Zone that is the first expectation and as long as it stays about 2014 2016 Zone we should not be treating gold as bearish

Yes it can bounce back that is the first expectation second expectation that it is still to be treated in the consolidation Zone where we can look forward for it to move towards 2010 2008 zone now this is only applicable as long as it stays above 20 26 levels because what will happen the

Longer the tail it will create on the downside and if it reverses it is going to be a stronger reversal why if you look at the daily charts look at the formation here first second third and this is the third wave it has not yet breed this possibility for reversal

Exist where are the highs it is above 2100 levels right now it is not showing much of the signs here for complete reversal but today’s candle is going to decide the future of it because see if you look at the Symmetry as well you will find that it is trading in this

Flag formation and now we have to wait for it to break break past 2060 the day gold trades about 2060 we will treat this as a breakout of this flag formation and then we are looking forward to 2100 levels so yes it is it can continue on the path of a reversal

Here and thus above 2026 and then 20 30 32 levels yes you can consider that for a bullish move towards 20 40 levels which is the next resistance so in some we can uh buy Here gold at 2020 26 levels possibility of a rise towards

3032 exist and after that we can see it moving towards 36 38 Zone in fact 40 levels can be achieved Beyond which sky is the limit gold may fly high that is the first expectation second on the downside the possibility for it to retrace towards 2014 exist you can sell

At 2018 but with the caution note that 2016 2014 very very good support rather I will say as long as 2008 levels are not taken today do not trade gold as bearish as long as 2008 is respected possibility of reversal will exist strong but uh in 2014 levels once it

Breaks the bearishness will actually start increasing though the possibility will remain but the bearishness will increase and if it breaks below 2008 more drop can be seen towards 2000 levels here chances for which as per me exist less thus we have to trade with caution trade with a stop loss and a

Trailing stop loss like share subscribe and comment join my mentorship badge webinar series signals Channel reach out to me for any of your queries do watch the next update before the US session thank you very much