UPDATE GOLD H1 From 16 -19 May BullishThis is all TP area, you can take profit and have fun.
have a good day everyone ^^ all of this from my opinion only
Goldbuy
GOLD Oversold RSI levelGold is oversold at this point (RSI under 30).
Shouldn't the inflation and the war be positive for Gold?
So why it is trading at the July 2020 level??
My short term price target is a reversal to the $1883 resistance.
Looking forward to read your opinion about it.
Not all scenario is bearish on GoldHi, Gold also has bullish scenario in play, i will watch this pullback closely to see which scenario plays out or if we have another lower low (which is my primary after pullback), then this bullish scenario could be invalidated.
Am not gonna force my analysis but gonna adapt based on what market gives me.
trade well,
Alex
XAUUSD 1H View Hello
Hope you had a blue day as we did with our analysis and signals,
Nothing much to say today we keep our view as the same as yesterday with the 4H chart , Gold has swung with the highlighted areas and done them perfectly. and it's on his way to test the Daily trend line .
OANDA:XAUUSD
Buy Targets 1836 / 1846
Sell Targets 1822 / 1815 / 1811 / 1806
Please don't forget to Like and Share , it really helps and Support us to do more .
Forexens
Swing GoldAccording to Gann analysis , Gold is for buy on daily chart.
Targeting 2027 as TP1 , 2097 as TP2 , but notice that it can reverse up to level of 1888 .
too big SL but excelent buy levels .
GOLDGoing LONG ON GOLD AGAIN.
At present market price.
Stoploss at 1817.69.
Same profit targets. $1857.02 being the first take profit.
Use proper risk management.
Potential Cup & Handle In DemandGold - Potential Cup and Handle Forming in HTF Demand, momentum has broken but still no real BOS/confirmation for reversals, if current supply holds ill be looking for sells if demand holds i'll be looking for buys, waiting for confirmations.
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.
XAUUSD 1H Bearish IdeaTrade smart, use proper Money Management.
Waiting for the reversal candle pattern, EMAs and Stoch.
XAU - 1H - BUYGolden Delta Fibonacci and AB = CD and two heads and shoulders on the Support. And that the price has created a great balance by returning itself from the 1850 range, which should also be taken into account.
Considering the news of World War and US interest rates, it can have a good trading position for us.
However, the Golden Delta itself is a great trading position and we can see a lot of reactions to the 618 so far. I hope you are always profitable.
Golden Dragon
long gold?i think that if we close above 1890 i will be really good, and then tomorrow a nice weekly close above 1910, well that will be our point to return to our bullish gold
Xauusd intraday trading & flying to the moon 🚀 28 APR 2022Gold intraday trading alerts
3 steps must fullfil before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the sky🚀
Trading alerts always available to give
Good luck traders....
GOLD WEEKLY OUTLOOK 3.014.2021 Demand zone in controlGold weekly demand zone in control we expecting long weekly time frame
Gold bottom is in IMOConfluence bottom of microphone pattern + 61.8 FIB lines up to a tee, I think this is the bottom here watch it turn it up
GOLD-BUY strategyIn the past we had bounced of around $ 1,880 and I feel this may be an opportunity to BUY current levels $ 1,883-1,887 for a move back to $ 1,975.
I suggest financial stop-loss below $ 1,840 the support lies at $ 1,844 roughly.
XAUUSD Gold : Launch to space? Or 1890 retest? 22.4 Jerome Powell, chairman of the FED yesterday basically confirmed a May rate hike.
But ask yourself seriously - Is inflation going to go away due to this? Will this save a bleeding economy?
Gold practically called the bluff on FED's comments AND the rising bond yields.
As you can see, post FED meeting we have the Gold keep the support trend-line since the start of the year.
Since breaking above the consolidation breakout , circled on the chart, Gold spiked up by about $70 , it is normal for a technical correction down to take place at such scenario, as we see with the price action now.
If the week closes above 1935-37 , which is the support trend-line since Jan 2022, the bull trend is kept and a new high will be in sight.
**A weekly close today below 1937-35 will confirm potential downside 1890 - Although this scenario is less likely, it is still technically possible.
-------------------------------------------------------------------------------------------------------------------------------
If you found my idea helpful, please like and follow :D
I'll be posting daily Gold, WTI, BTC, Nasdaq, EURUSD and more with a special focus on WTI and Gold.
Thank you for the time to read and I'm always happy to hear suggestions about what you guys want to see more of and any questions of course :D
-------------------------------------------------------------------------------------------------------------------------------
XAUUSD Gold : 20.4 , Decision making time! Focus up!Guys and gals, let's shut down emotion and think.
Connecting higher lows since the beginning of 2022 show strong support between 1935-1940.
Is there any fundamental change to what is going on for the last 4 month? Is inflation gone away? Is certainty back controlling the market?
If the answer is NO, why would Gold break down this significant level?
Inflation and uncertainty is extremely bad and getting worse, providing strong fundamental backwind for the Gold to continue to rally.
Also, from a technical perspective, we see a 'falling wedge' pattern, which is a bullish continuation pattern of consolidating highs and lows in a sharp slope down.
With a break above the 'falling wedge' - Once again, a new high will be targeted for Gold, with 1960, 1980, 2000, as immediate possible targets, a break above 1954 with a close would be founded confirmation.
If Gold breaks below 1935, it could could continue down to 1890 - This is the less likely scenario and would be a surprise.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
If you found my idea helpful, please like and follow, would be amazing for me ;D
If you have any questions please don't hesitate to message me/ask here.
My goal is to help as many traders as I can make sense of the markets.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GOLD LONGdaily; bullish trend line, the price has been rejected from the same supply/demand zone twice, and we have an engulfing daily bullish candle which means there are a lot of bulls stepping in into the market.
4h; price finally broke that range with those 2 momentum candles, my current confirmation is that the price is above the ema's but I am still waiting for a complete break of the s/r zone with a momentum candle then I will instantly go to 1h for an entry if my risk to reward is good
SL: previous HL
TP; previous HIGH
sentimentaly 54% retail traders are short so m confident wth my long but again always thinking of probabilities anything can happen at any moment, manage ur risk to reward.
GOLD – SPOT: Waiting For A Pullback To ‘Event Area’ SupportGOLD – SPOT: Waiting For A Pullback To ‘Event Area’ Support
Price Action: Price moved lower from the recent Bearish Pin Bar Signal that had formed earlier this week (We did not consider trading this signal).
Price moved significantly higher from the prior Bullish Pin Bar Signal (Event Area) that had formed around 3 weeks ago (We suggested trading this signal in the April 4th, weekly newsletter and hopefully some traders got on board).
Potential Trade Idea: We are considering buying on a retracement lower to within the range of the prior Bullish Pin Bar Signal (Event Area).
XAUUSD - BUYPotential buys if price trades above resistance with momentum from a Higher Low creating a new Higher High.
GOLD | To The Top Again?As we see in the daily chart of XAUUSD, we have a perfect Double Bottoms pattern.
Its Neckline level ( around 1971 ) had a breakout & retest action. And the last day of the last week ( 15April ) left a bullish candle behind, as a sign of an upward continuation. And that makes the current price level is a perfect place for Entry Point.
The price possibly continue moving up till the highest resistance again ( around 2050 ). And the Clean Traffic on the opposite side of the ( W Pattern ) may help this scenario to be done. Noticing that we have more resistance levels on the other low time frames.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it.
Gold seem more bullishWhen current candle crosses the previous candle high then put buy trade on Gold. This analysis called single candle stick pattern.
