Goldbuy
GOLD SHORT TERM BULLISH...
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
Thu 8th September 2022 XAU/USD (Gold) Daily Forex Chart Buy Good 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. I'm still in a partial Sell trade on this pair so that does help with the confidence. Enjoy the day all. Cheers. Jim
GOLD LONG TERM BUY ZONE!! huge upsideLooking for price to once again reject this support for a a huge upside potential. We have created a nice support off this supply zone at 1680 before so once again I'm looking for a rejection or right shoulder move from here to take price to at least the first TP of 1760! Gold has been moving sideways on the weekly for sometime now and once again we should get a nice push up to either continue the sideways pattern or create a new entry for continuation longs on the longer term. Make sure your trading smart and always remember how fundamentals can have a huge impact on gold so always cover your trades at breakeven! Good luck!
XAUUSD Short Tram BUY signal....VIEW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
Gold price is trading weakGold price is trading weak as the US dollar rally. Markets eye US Non-farm payroll data for further direction. The US economy is expected to add 30000 jobs below 528000 in July. Any dismal data will push the yellow metal higher.
Technical:
The near–term support is around $1690,The yellow metal faces minor resistance around $1720
Gold, with some strength!All short trades are closed, with the anticipation that the asset will regain some strength. Although we did make some good returns from our previous pessimistic outlook, current price movement has not played out exactly as we had hoped, necessitating the need to give alternate scenarios greater weight.
Locally, an upward movement is the path of least resistance since the price only partially descended within the falling channel as depicted on the chart.
Goals: 1794, 1801, and 1810
Entry 1787 and for placing SL, see the chart.
Heed your DD! Nothing is set in stone; always, the market rules!
Happy trading!
GOLD is in buy zone!!GOLD ( 4H ) has created strong bullish price action. The price has just broken out of weekly resistance and has formed a Doji ( Middle man ). There is another confluence for GOLD to rise is that the price has made a fake breakdown previously and created a double bottom and started the move in the direction of the trend, which is basically liquidity grabbing. A buying opportunity from the support shown in the image.
Thank you for visiting the idea. Press the like button if you find value in it :)
XAUUSD H1: Bullish outlook seen, further upside above 1766.80On the H1 time frame, a pullback to the support zone at 1766.80, in line with the Fibonacci confluence levels presents an opportunity to play the bounce to the resistance target at 1793.00. This resistance target coincides with the daily resistance level. Prices are also holding above the Ichimoku cloud indicator, supporting the bullish bias.