Get started

Forex-gold

GBPUSD:05/10/2023:🔴More fall for Pound🔴(Important caption)Well, as you can see, the market is totally bearish and we expect weakness of the pound against the American dollar. I follow the price in 2 scenarios. The first scenario (which I follow): I expect that the supply zone can push the price lower at first to the liquidity pool, then to FVG and finally to sell-side liquidity. Second scenario: The previous High which is the High of the supply zone acts like a liquidity pool and the price moves higher to the bearish order block and then falls. (I mentioned the second scenario just because it would be a perfect high-probability setup for a short position if it happens.) 💡Wait for the update! 🗓05/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
XAUUSD H4 I Reacting off resistance?XAUUSD is reacting off the resistance level. and could potentially reverse from here and fall towards our take profit target. Entry: 1930.73 Why we like it: There is pullback support and it aligns with the 38.2% fibo retracement. Stop Loss: 1944 Why we like it: There is an overlap resistance. Take Profit: 1912 Why we like it: There is an overlap support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
🥇GOLD - Bounce to resistance before further decline Gold does form a false breakout of a strong resistance area. Pay attention to the D1 chart on the left. There is a chance that gold could go down to 1885 or even 1840 TA on the high timeframe: 1) Bearish trend and global price channel keep the price above 1950 2) False resistance breakout forms a sell signal TA on the low timeframe: 1) Price forms an attempt to change the local ascending channel. 2) Price tests 1922 and forms a rebound. The correction may reach the 1930-1935 area. This is like a major step before a further fall 3) We see a trend change and in the long term we should look for strong resistance levels to find a sell entry point Key resistance📈: 1930-1935 Key support📉: 1922
OANDA:XAUUSDShort
by Gold-Tech
17
Strifor || GBPUSD-08/22/2023Preferred direction: BUY Comment: The situation on the British pound has changed in favour of the buyer and approach to 1.28484 is expected in the very near future. The current trading area where the price is located has shown itself to be a very good starting point for movements in both directions. After passing the specified target, we can assume a hike above 1.28484, namely towards 1.30000. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
Strifor || USDJPY-08/18/2023Preferred direction: SELL Comment: The previous ideas for going long for this currency pair have worked out perfectly, be sure to check them out in the profile. Today, a potential reversal in the yen at the level of 144.900 is beginning to mature. There is no high probability yet, but if the price breaks through and closes below the level of 144.900, then we can expect a fairly quick decline to 143.300. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
Mechanical Consistency; Gold (XAUUSD) Trade Review for 04 AugHi, This is a trade review for 02 Aug 2023. Here are some details for the trades. OANDA:XAUUSD 1-hour time frame 2% per trade Thursday No Trade - Range Market. Friday 3 lose 1 partial win. On Thursday, the market was in range bound market, no trade got triggered, quiet and peaceful trading day. On Friday, we encountered a series of unfortunate trades following the US's Non-Farm Payroll Data. The price became super volatile, which mean the spread got even wider, triggering and hitting stop loss for the first 3 trades. Luckily the price is able to hold and trigger a winning trade, recovering some losses. After reviewing my trades I've decided to add some improvements to myself: Avoid trading Non-Farm Payroll. Disclaimer: Not Financial Advice! I'm just sharing my trading journey. Please take it as educational content. Thank you! On Wednesday, we came close to securing a successful winning trade. The price exhibited a retracement to the 50% Fibonacci level before initiating a downward movement, resulting in the establishment of a new lower low. As of now, my second trade has been triggered and is actively in progress. As a full-time working individual, I do not have the time to constantly monitor the charts and look for the "perfect" trading opportunity. This is why I adopt the mechanical trading strategy to earn extra money. This approach eliminates the need for extensive technical or fundamental analysis and removes any guesswork. It is a 100% Mechanical rule-based strategy, ensuring disciplined and consistent decision-making. Here's how it works: Immediately after the 1st-hour candlestick closes either below or above the 21 EMA (Exponential Moving Average), you place precise Buy/Sell limit orders. Once all parameters are meticulously set, you can confidently attend to your daily routine, including your day job, while entrusting the market to dictate the trades. If you want to learn my strategy, please visit my blogging site, link in BIO. Thank you!
OANDA:XAUUSD
by Barry_Games_Trading
1
Mechanical Consistency; Gold (XAUUSD) Trade Review for 02 AugHi, This is a trade review for 02 Aug 2023. Here are some details for the trades. OANDA:XAUUSD 1-hour time frame 2% per trade 1 open trade. Disclaimer: Not Financial Advice! I'm just sharing my trading journey. Please take it as educational content. Thank you! On Wednesday, we came close to securing a successful winning trade. The price exhibited a retracement to the 50% Fibonacci level before initiating a downward movement, resulting in the establishment of a new lower low. As of now, my second trade has been triggered and is actively in progress. As a full-time working individual, I do not have the time to constantly monitor the charts and look for the "perfect" trading opportunity. This is why I adopt the mechanical trading strategy to earn extra money. This approach eliminates the need for extensive technical or fundamental analysis and removes any guesswork. It is a 100% Mechanical rule-based strategy, ensuring disciplined and consistent decision-making. Here's how it works: Immediately after the 1st-hour candlestick closes either below or above the 21 EMA (Exponential Moving Average), you place precise Buy/Sell limit orders. Once all parameters are meticulously set, you can confidently attend to your daily routine, including your day job, while entrusting the market to dictate the trades. If you want to learn my strategy, please visit my blogging site, link in BIO. Thank you!
OANDA:XAUUSDEducation
by Barry_Games_Trading
1
Strifor || EURUSD-08/03/2023Preferred direction: BUY Comment: Finally, we can look for buy-position in the Euro. As we expected, the price fell a little under the level of 1.09623 towards the next potential sellers' target at 1.09000. This probability still remains, but it is already possible to start open buy-position, it would be optimal to break your position into three, that is, to gain a position gradually. Upside potential 1.11500. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
Mechanical Consistency; Gold (XAUUSD) Trade Review for 31 JulyHi, This is a trade review for 27 July 2023. Here are some details for the trades. XAUUSD 1-hour time frame 2% per trade 2 Solid Wins, net around +5.5% Disclaimer: Not Financial Advice! I'm just sharing my trading journey. Please take it as educational content. Thank you! Monday's trading was exceptionally successful with both trades yielding outstanding results. The first trade was executed flawlessly, experiencing minimal drawdown before quickly hitting its target for a satisfying profit. The second trade was triggered right after the first's successful exit and continued its momentum into Tuesday morning, reaching its initial take profit level. However, due to the potential impact of the ongoing trade on the new setup, I had to make a prudent adjustment to the second trade's take-profit level. As a full-time working individual, I do not have the time to constantly monitor the charts and look out for the "perfect" trading opportunity. This is why I adopt the mechanical trading strategy to earn extra money. This approach eliminates the need for extensive technical or fundamental analysis and removes any guesswork. It is a 100% Mechanical rule-based strategy, ensuring disciplined and consistent decision-making. Here's how it works: Immediately after the 1st-hour candlestick closes either below or above the 200 EMA (Exponential Moving Average), you place precise Buy/Sell limit orders. Once all parameters are meticulously set, you can confidently attend to your daily routine, including your day job, while entrusting the market to dictate the trades. If you are interested to learn my strategy, please visit my blogging site, link in BIO. Thank you!
OANDA:XAUUSDEducation
by Barry_Games_Trading
ANALYSIS OF XAUUSD H4 28/7/2023- XAUUSD showed a decent response yesterday at the resistance zone around 1980. Strong selling pressure was evident through two bearish candles with long upper wicks, forming a Pinbar and a Doji. - The buying support at the price of 1943 is relatively weak and not favorable for long positions. It is recommended to consider buying only if the price falls into the range of 1928 - 1935, provided there are reversal signals at that level. - The ideal selling area is between 1965 - 197x. If the price revisits this zone, assess the selling pressure before entering a trade. If the price fails to sustain support and rises, there is a possibility of a decline back to 1928 - 1935.
TVC:GOLD
by Golden-Fund-Forex