Gold Potential Buy Multiple failed lows from resistance on the 1H with a break in momentum, I do have a bullish intraday Bias on Gold, I want to see another rejection from demand (The buy zone) that broke momentum then i'll look to take this long back up-to previous hourly highs/supply
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Goldbuy
Potential Retracement From SupplyGold - I want to see a push into previous supply mitigating the imbalance before a retracing down towards the buy zone/weekly low
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
GOLD Scalp buy!Hi Team
This is a quick one - don't miss out!
Within a corrective ABC channel, we have good confirming rejection. With FED coming up, I expect this to be a retracement before a significant drop following the expected USD rate hike.
I am going to take this buy with SL below the structure, looking for closure in the sell region marked in red.
I will post a short closer to that time.
Like what I do? Like, comment, share - I appreciate you!
Good luck, trade safe.
DrBear
Fri 22nd Jul 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 XAUD/USD (Gold) Buy. Enjoy the day all. Cheers. Jim
GOLD-BUY++We are in a DARK MOON phase, plus low stochastic which is positive, and a oversold market.
Further, we are near GANN support of the 1/1 line, and this suggest pull-back. Running a quick scan on potential turn date, it comes out to be Monday, and it feels we may test $ 1,760 by then en route 1,825. I suggest profit taking 1,790 for now.
GOLD-BUY strategyNo change in view.
We held the 1,704 very well, and now the current support is 1,695 GANN.
We are positive stochastic and RSI still oversold. We will be having a DAR moon phase starting today, and this also supports the view for recovery back to 1,785 at a minimum and likely 1,825.
Strategy BUY weakness 1,710-1,730 and take profit 1,790 for now.
GOLD-BUY++We are in buying mode for Gold.
The current oversold state and the fact we are near a GANN support, suggests we should see recovery towards 1,802 short-term.
Strategy BUY @ 1,720-1,730 and take profit near 1,778 first objective > 1,802 second.
Today's inflation report may help us decide, but the overall trend change date is 17-18 July and during that recovery time we should see even higher beyond 1,825
GOLD-BUY strategyGold is starting to be oversold.
The CCI is positive daily chart whilst 4-hourly still has some pressures to show downward, but not much. The RSI is quite oversold status, and we are near GANN support $ 1,704. Judging the pattern and also the state of the market, and in fact an inverse believe that Gold is an inflation hedge, we are completely on the wrong track here.
Strategy is therefore, BUY current $ 1,720-1,7445 range and take profit around $ 1,785-1,800. Our cloud resistance is $ 1,835.
The estimated change of trend date is 18th July 2022.
XAUUSD - GOLD BUY/ LONGGOLD #XAUUSD, was following a downward trend. However, it seems to have changing its trend now, but anyhow, gold will move downwards for retracement to its lows. but for now we just have to catch the small move (as shown) to secure some pips and wait for the price to either break upwards or downwards. Higher chances are that #gold will continue its down trend which will be the retracement to test its lows. Best of luck to you guys
Swing Trade Opportunity in GOLD ? Looks interesting!MCX:GOLD1!
TVC:GOLD
Hello Traders,
I see a good swing or small term trading opportunity in Gold at current price.
UPSIDE resistance is around Sell zone between 1879 - 1919 with SL below 1780
This is not a buy/sell recommendation, but my personal views. You're solely responsible of your profits n losses.
Regards,
Anshul.
GOLD BULLISH BIASIn the previous week, gold attempted to drop towards the support but could not close below it and ended up forming a reversal pattern.
The reversal is not only confirmed by the double bottom, but also the bullish divergence on indicators.
Look for buys at the current level (1830) with targets at 1868,1890 and 1920.