GOLD H4Hello traders, GOLD is setting up for a potential upside move watch price to hold the 50 SMA and look for a long position opportunity, in case if price break the 50 SMA and also the yellow box resistance become support area then i will be looking GOLD for a long position opportunity around 1965 level.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
Goldbuy
XAUUSD Continued BuyXAUUSD seems set to continue its bullish motion after the price shot up this morning due to JOLTS job opening data. The release tanked the Dollar causing Gold to rise. There is still a small sell gap left to fill on the DXY before the pattern wave is completed, and I am expecting XAUUSD to finish the pattern as well triggering a continued short-term buy for Gold . A support of price 2052.00 is most likely, but there is potential for a push to the previous high of 2070.00 . I based my analysis on the last time Gold saw current price points in early March of 2022.
Buy Entry: 2025.00
Targets: 2029.00 | 2032.00 | 2035.00 | 2038.00 | 2042.00 | 2045.00 | 2049.00 | 2052.00 | 2057.00
Resistance: 2070.00
Be sure to like this post and let me know what you think in the comments below!
GOLD H1Hello traders, GOLD is setting up for a long position opportunity watch GOLD in a mentioned area according to your own trading strategy and look for a long position opportunity.
I am waiting for price to come around my white box mentioned area and looking price action there for a long position opportunity, the area that i mentioned with the white box is also around 0.618 retracement of a previous impulsive move and the previous low that i mentioned with a little red box is my stop level, if price break that low then i will be not looking for a buy setups anymore. (close my laptop, enjoy my day and come back later)
Remember : price can go directly to the target area from current market price as well without hitting our mentioned white box area if in case it happened then i will be let it go. (no trade is better than a losing trade)
This is my view and analysis about GOLD.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
XAUUSD BuyExpecting Gold to continue its upward trend and fill the gap to projected resistance price of about 2003.00 based on Gold's trading range within in the last week. DXY is projected to fall based on moving average chart indicators, which favors a Gold buy.
Buy Entry: 1975.00
Targets: 1977.00 | 1980.00 | 1984.00 | 1987.00 | 1991.00 | 1995.00 | 1999.00
Resistance: 2003.00
Be sure to like this post and let me know what you think in the comments below.
Gold ClimbExpecting XAUUSD to climb back up due to incoming economic events after a price fall off for the last couple of days. We may see the Dollar Index fall to the 102.000 area before the weekend which also supports a buy for Gold.
My last chart may enact past price 1856.00 , but for now I have it as a resistance area.
Buy Entry: 1832.00
Targets: 1835.30 | 1839.50 | 1844.00 | 1847.00 | 1851.00 | 1854.00
Resistance: 1857.00
Be sure to like this post and let me know what you think in the comments below!
9 March 23: XAUUSD Price Bottom $1813. BULLISH $2000Kuala Lumpur, 9 March 2023 - Gold after the FED effect has bottom on $1813.
Robust price has been developed which seller quitted.
Bitcoin and cryptocurrency trader has tired.
Withdrawal and they putting into GOLD #xauusd right now.
While kathy wood pumped money not into coins but into coinbase.
We know she know something about the broker and confident about it.
She not buy into coins, she invest the hoe for the gold digger.
Chinese is piling a stock of gold.
An occasion that happen only 2 years once in tradition to buy gold.
For me, gold price is steady and support around the price of $1800 base.
FInd out that $1810-$1813 is the base that being the price key to bullish.
Shark use the first sentiment to sell gold and close trade on FED first comment.
Second day, they started buying in after selling and close their position.
They knew the price sector in gold right now is robust after a drop -1.6% (almost 2%)
This is the typical level percentage to buy the gold cheap.
The whole world is waiting for the massive bull run in gold. The end has near.
This is the good tragedy for the bear. In case,if you never see it the bull has started on gold.
Keep hold the gold above $1800.
The last chances in the century that gold will never go below $2000.
New era of the $2000.
-Zezu Zaza
Hedge Fund Manager Malaysia
Gold Short-Term BuyExpecting XAUUSD to continue up for the short-term based on the hourly chart. I have a support at 1870.00 but continued upward motion could see a support as high as price 1889.00 . Moving averages seem to be favoring buy motion as well as a weakening DXY. I have based my analysis on the last time Gold saw current price points in mid February of this year.
Buy Entry: 1856.00
Targets: 1859.00 | 1862.50 | 1866.00
Resistance: 1870.00
Be sure to like this post and let me know what you think in the comments below.
GOLD (XAUUSD): Bulls Will Keep Pushing! Here is Why:
So fundamentals are strongly support Gold.
We saw a stong bullish rally last week
and chances are high that such a sentiment will keep lasting.
We expect a bullish continuation next week.
Goal - 1866
Please, like and comment this idea to support the authors!