Gold-trading
Gold short trade.Good morning traders in this idea i am waiting for the support to break at 1726 in order to start looking for selling positions in order to go retest the support structure found on the higher timeframes. found at 1720 which will give this trade a possible 60 pips. (six dollar differenced on Xauusd.)
In this idea I am using these as confirmations.
breaks of support, retests, resistance created, candle closure and so on.
Gold resell intraday setup QMLUsing previous sell idea, which got stopped out for a meagre 20 pips, i realized that we have a structural higher high to the left, which is a QM setup. This makes sense that CT45LP gave a signal and yet price spiked higher. I am selling on a basis of QM, together with my CT45LP indicator as confluence. SL is above the QM head high.
3/2 GOLD ANALYSISWhat's poppin trading family,
An updated analysis video on the current state of XAU/USD aka Gold.
Drop your thoughts in the comments below and let me know what y'all think about Gold, and if there is anything you want to see in the next video don't hesitate to let me know, ALL FEEDBACK AND CRITICISM IS APPRECIATED!
As usual, take profits and take it EZ -- I'll catch y'all next week.
- Ray
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This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
GOLD (XAU/USD) – Week 7 - November lows Incoming pt. 6In our last week forecast, the Gold price moved in the way we predicted and increased correctively with $55 before the bears started to dominate the market in the end of the week.
For this week we expect the price to get into a deeper sideways move before continuing its way to our $1760 target. We recommend you to be patient and look for your sell setups without over-leveraging your positions.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XAUUSD (GOLD) - Week 5Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
GOLD(XAU-USD) Will Go UP From SUPPORT
GOLD experienced correction from resistance
Just as I predicted yesterday!
However, Gold is in the uptrend
And I am looking for a long now
The strong demand area is a little lower
So I expect Gold to maybe go a bit down
There, I will BUY Gold
Fist target=nearest resistance
Final target=dotted line
BUY!
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GOLD +9 Profits in a Row & Next MoveAfter Smashing Profits on our TP1 & TP2 we look for our next move.
Gold has turned very bullish and looks to break 1900 and beyond.
I would use pull backs for entries but make sure you enter the correct areas or you will be easily stopped out.
Of course always have a Plan B if we turn bearish but I do not see that happening after the Fed news and the momentum of Gold currently.
XAU_USD SHORT FROM RESISTANCE|
XAU-USD is at the strong resistance again
And given that it was respected multiple time before
I think shorting is reasonable
I expect Gold to retest the closest support
But it might also go lower
And retest the falling support
Short!
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