GOLDCPI comes out
supper bearish for DXY and damn good for gold and stock market
Gold officially going in to up trend.
Goldbuy
Gold bullish conditions Gold: short term bullish conditions remain intact, 5 day moving average above 50 day moving average may be a signal that could support long positions, upside resistance seen near $1,730 while key support sits near $1,615
Not investment advice. Past performance is not indicative of future results.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Price Action CloudGold surged declined sharply after US NFP. The US economy added 261000 jobs in Oct, above the estimate of 197K. But the jump in the unemployment rate has dragged the US dollar index down.
Technical:
The near–term support is around $1660,Resistance around $1685,
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Testing Cloud Base Technical:
The near–term support is around $1640, Minor resistance around $1680,
Gold price Action AnalysisGold Price Action Cloud
Breakout 21-EMA and retrace 21-EMA after breakout
if any breakout 1660$ further up
press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis
XAUUSD BUYSl @ 1632
Tp @ 1674
Expecting short term DXY weakness. Check related ideas section below for the XAUUSD SELL signal from last week which closed just now at 350pips profit💪
20 reason for buy gold update 01/08/2022
1 Structure 12: bullish
2 imbalances: filled
3 Current Move impulse
4 Entry TF: h1
4.1 ETF Structure: bullish
4.2 move: bullish
5 Support resistance support at the h4 order block
6 FIB: trigger event Occurred
7-candle Pattern: spinning top
8 Chart Pattern: double bottom
9 Volume: Execution
10 Momentum: support at 40 measure by rsi
11 Volatility: lower band support Bollinger bands
12 strength: Adx sideways
13 Sentiment: buy
14 Final conclusion: buy at the point
15 Buy /Sell/Wait: buy
16 Entry: right now
17 Stop lose: 1637
18 Take profit: 1690
19 Risk to reward Ratio: 1:5
Excepted Duration: 2 days
Tue 25th October 2022 XAU/USD (Gold) Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Buy. Enjoy the day all. Cheers. Jim
GOLD 1D TFGold reversing from the exact previous support zone and ready to make a double bottom kind of formation.
Also if it breaks the trendline, the chances of getting to the previous high will increase in the coming months.
Good to enter at this point with following stop loss and targets :-
Target :- 1725, 1800, 1880++
Stop loss :- 1605
GOLD Short term BUY Signal View....
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
XAUUSD gold long tradeLooking at a potential long entry from here, the risk is very minimal if none at all, it is a paper trade on my end as part of gaining experience no matter the circumstances and applying my knowledge to live situations.
The best testing is live testing.
🟢 GOLD - 1W (06.10.2022)🟢 GOLD
TF: 1W
Side: Long
Pattern: Bull Flag
SL: $1,606.95
TP 1: $1,716.45
TP 2: $1,784.20
TP 3: $1,838.95
GOLD on the weekly is looking good.
Once it breaks out and successfully retests the Bull Flag we could look at buying and holding over the next few months.
RSI and MACD look like they could support the move too.
XAUUSD longBullish daily bias. Price came back to 15 demand zone at London open and rallied off a key zone.
BUY any time touching resistance line BUY
let me now
if you like learned or anything let me know feel for question
Gold breaks above 6 week trendlineCurrent price is above the six week valid downward slopping trendline (bullish); current price is above its very short term 13 day simple moving average (bullish); current price is above its 25 day minor intermediate term simple moving average (bullish); 13 day rate of change is above its zero line (bullish); 4 day rate of change is above its zero line (bullish); very short term AROON UP 5 day at 100% (bullish).
Conclusion: LONG positions can be technically supported for short term price target at $1,735 and intermediate term target at $1,860 in extension with stop at $1,615.
Analysis of my 80 pip Gold Buy!Analysis of my 80 pip Gold Buy!
Monday was extremely bullish. Huge gains were made. Very importantly too, gold closed above this massive trend line which started on August 25'th. These two reasons gave me look for more bulls today and buy up.
I bought on the candle with the arrow.
At first, it looked as if a double top was going to be formed. A push up, consolidation, drop down, Bullish harami, Large bullish candle followed by a doji.
The Doji was a bit more confusing, however, I remembered the overall bias for today along with the trend line consolidation, and waited for a good chance to buy.
Thankfully, I was able to hold it long. I originally picked an extremely far tp goal.
I believed that if I held it long enough, I could make a lot of money. That faith helped me to hold for 80 pips.
I've seen other traders trade for 80 pips and I believed that I could too.
Gold could possibly continue with it's bullish pressure all weekGold seems to be verify bullish this session, looking for a pullback to my 15M Gap for a possible entry.
Need to see some type of bullish rejection pattern such as a hammer.
Note: Gold could possibly continue with it's bullish pressure all week, it's the first bullish monthly candle in over 5-6 months.
Gold Continues UpThe resistance price on my last post of 1686.00 has been met!
I am expecting XAUUSD to continue long based on current chart movement. My analysis is based on the last time Gold reached these price points during the second week of September.
Entry: 1692.50
Targets: 1696.00 | 1697.50 | 1701.00 | 1703.50 | 1706.50
Resistance: 1709.50
Be sure to like this post and let me know what you think in the comments
Thu 29th September 2022 XAU/USD (Gold) Daily Forex Chart Buy SetGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Buy. Enjoy the day all. Cheers. Jim
XAUUSD Gold buys Currently looking for buys on gold based on the 30m timeframe, expecting it to hit yesterdays high during FOMC
