Short down move on Gold or Bullish movement from current priceA bullish outlook prevails for gold, driven by factors like economic uncertainties, inflation concerns, and geopolitical tensions. Investors seek the safe-haven metal to protect their wealth, potentially driving its price higher in the coming period, making it an attractive asset.
Goldbullish
Gold 4hr TF Currently, the outlook for gold is positive, with a bullish trend. However, I anticipate a temporary pullback from 2045.26 - 2047.73. This presents an opportunity for me to consider buying positions before gold potentially reaches an all-time high.
On the other hand, the US dollar has a bearish outlook, having broken and retested the channel.
Furthermore, silver has broken and retested its channel and is currently on an upward trend. As expected, gold miners are also moving higher.
Gold D Buy Idea 5/6/23Gold is currently at all times high on the charts that we have access to, so I do not know if price will continue higher. Looking for price to either continue bullish from where it is OR actually close inside the current D FVG and then continue bullish to take out the previous week high. However the FVG is fully mitigated, so we shall have to wait and see what the market does at open for the week.
Gold D Buy Idea 4/6/23Looking for Gold to hit the 50% area of the D FVG that has been created and return back bullish. On the flip side, price could break that 50% zone to create an evening star. BUT since structure has not been broken I am still bullish and looking for the bullish bounce at the 50% area to continue bullish.
Missed Gold Weekly Buy UpSoooooo apparently, I marked this up and didn't make any notation that I had done this. I missed the whole weekly buy up because of it. Make sure to not be so busy marking up that you forget to notate your good trade ideas that you need to come back to in order to catch the move. Aw darn it, I bet I won't forget to notate again that I made a trade idea.
Gold buy SetupXAUUSD had been on a bullish trajectory for a while on the weekly timescale. It is currently now in a retracement. Using Elliot's wave correction as a template, we can anticipate the nature of the pullbacks, and where we might profit.
My current target is discount at 1920 about 930pips.
If we break the recent low, I would be looking for a 1h demand zone retest.
*As always, trade cautiously.
When the Dollar fall each time, Gold increases a few foldsMany got distracted when Gold was trading in a range the last few years.
A question for you to ponder over:
Will there be a situation where interest rates continue to rise and yet a lower Dollar? Why?
Let me hear thoughts, I would love to exchange ideas with you.
Included last two videos link below, I explained:
i) Gold is still an inflation hedge
ii) Gold it is also a currency hedge
CME Micro Gold Futures
Minimum fluctuation
0.1 = $1
1 = $10
10 = $100
100 = $1,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
XAUUSD RECAP AND ANALYSIS A few key fundamental data
across the board next week to kick start Feburary
1) FOMC
- 25 bps
All risk assets moon , DXY continues its
bearish momentum
- 50bps ( very likely )
- Talks about extended rate hikes to continue its fight for inflation,
DXY to gain short term strength and risk assets to continue its decline
- 75bps
Definite crash
2) ADP / JOLTS / USD
XAUUSD XAU GILD #Crypto Idea ; 001
#Exness Broker
#XAUUSD XAU GOLD
#GOLD
#XAUUAS is Looking for 1830 Resistance
Follow Us On Our Social Link In our BIO
Keep in mind.
🟢 Multiple Rejection Structure
🟣 Monthly Frame Structure.
🔴 Weekly Frame Structure.
🔵 Daily Frame Structure.
🟡 4.H Frame Structure.
⚪️ 1.H Frame Structure.
#Disclaimer
This is Not a Trading Advice, it's Just an Analysis
Should Not Be Interpreted As Suggestion
Trade At Own Risk
XAUUSD Idea Chart
Mondays are great to observe! Heyo!
My idea for gold, for now, if it breaks at AREA 1 (around 1860) we can target some levels like 1865/1870.
But if we see a push down to AREA 2 (around 1846) we can target some levels like 1840/1834.
I believe that gold can go higher!
So I am bullish right now, and you?
What you think it will be the movement of gold next few days?
* I will start uploading how I setup my strategies! So follow my channel *
Thank you!
Outlook on XAUUSD: Bullish play seen On the weekly time frame, prices are testing a key support level at 1842, where we could see further upside. On the H2 time frame, prices broke above the descending trend line, suggesting a shift from a bearish to bullish order flow. A throwback to its support area at 1824.80, in line with the 78.6% Fibonacci retracement and 61.8% Fibonacci retracement presents an opportunity to play the bounce, with 1888.80 as the resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.
GOLD to the MOON --- WHY 30.000 $ / Oz- Why is Bitcoin the only one being talked about?
- Why is Bitcoin only analyzed in a Logarithmic Chart?
- Hasn't GOLD demonstrated for years its GREAT power?
Here we will review the strength and importance that Gold will have for the next 10 years at least.
Welcome to the Logarithmic Gold Chart
Good Luck. !
GOLD BULLISHSo here traders as we can see gold has broke the downwards trend line and created a nice support level for us, I suggest waiting for gold to retest that support level and take your trade from there, you can either set take profit at my risk to reward ratio which I suggest or the red resistance line, good luck traders!
Are Bullish for the Gold?Effect Rusia VS Ukraina it's warning for the Gold and the market. I see August 2020 had a same happening at Beirut and it's make the Gold Fly high and i think the gold can be fly high again and reach the top 2075 like before. Now, all the market is messy and be affected.
That's my opinion...
Have a nice day...
🔔Don't miss the great BUY opportunity in XAUUSDHey dear Members . Hope you all are enjoying our ideas and analysis. Now we are here to update about XAUUSD . XAUUSD is exactly Moving according our analysis. Now it has Maximum chances it can Target Price level 1900.
Keep in touch we will update further soon.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️