GOLD on it’s way to 1735As per yeaterday analysis GOLD is moving perfect on it’s way to 1735. Currently price action is very slow as GOLD trend is sideways, it will take aggressive move in the middle of this week.
1750 is point where market can be judged. Price above 1750 is a potential reversal zone and if it’s down then bearish. But here it’s sideway between 1772 and 1745.
Now at present price is trading below the 9 periods EMA and 21 periods EMA as an indication of bearish market. The Relative Strength Index period 14 is at 30 levels with the signal line pointing Buy signal.
Manage your risk and trade at current situation.
Make sure to check out our analysis tomorrow and on Wednesday when we will share our longer term view on GOLD.
Goldsell
[GOLD W3 Sept 2021]GOLD
Short Setup
Continuation trade:
👉🏻 Mentioned last week that 1795 can be an area to enter long, but Friday's break below 1791 could mean otherwise. With the possible gains mentioned in DXY, we could see a selloff to at least 1760 area which is also the 50% retracement level.
1690 area marks is the yearly lows, doubt it will reach close to that, yet breaking it.
GOLD Full Analysis ,Buy Areas And Sell Areas Shown In This VideoThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
XAUUSD Short Tram SELL signal....NOW
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.
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GOLD - Bearish bias (SHORT) Monthly chartHi everyone, this is what I think will be the next move on GOLD!
I think Gold is heading down to collect liquidity and then will be able to move higher.
Areas of interest, where I think price is coming down to, is 1550 .
Great profits can be made if it follows the analysis!
Let me know your thoughts.
Thanks
Gaspar_Trader
XAUUSD sell ideaGold sells taken as mentioned in previous analysis, 15m candle closed below the support line, with the following candle continuing in this direction.
80% of my short was closed at 10 pips profit, this has covered the loss on GBPJPY (losses happen, we accept these) and I have left a runner in XAUUSD sells with the stop loss just above the entry price, so we are now trading on free money and will leave with a profit at the very least.
XAUUSD Today Trading Idea.G'day, Guys.
Today we going to analyze XAUUSD / GOLD.
Last week prediction moved as predicted. The only difference is the price move further high reaching for the swap zone that was created on 28 June 2021.
I consider this zone is a strong resistance level, only high speculation happening is able to break this level.
In case this level is broken, we looking for another target on 1801 price tag. For now, I am still positive this zone is the level for the price to complete the market structure.
Let's dance with the market and see what happen next.
GOLD W2 Aug 2021GOLD
Short Setup
Continuation trade:
👉🏻 With the recent dump due to NFP, price could be forming a huge WXY correction, with a 3-5-3 move. An extension of ABC in the Wave-Y is possible.
📰 Investors are also keeping an eye on Wednesday's CPI data.
Zones
Xauusd/Gold Analysis next week❗Xauusd/ Gold Analysis
Gold is still trending in the major Daily bearish momentum.
According to Technical analysis and Market structure, gold made a lower high after failing to break above previous structure high
After retesting the 50% retracement of the previous daily LH level Gold is now forming a Head&Shoulders indicating that there is a strong possibility of price breaking below the neckline to continue it’s overall bearish momentum
Major Trend – Bearish (creating higher lows and lower lowers)
Price Action Pattern – Head & Shoulders
Ema’s – Retested 20, 50 & 200 after breaking below
Once price break below the H&S neckline it will surely get to 1750 and then to 1700
My bias is bearish due to all technical factors shown in this document. I would only be looking to take short positions in current market conditions. For the week ahead that will be my bias for Xauusd / Gold I will only than scale into lower timeframes for possible entries
Gold wont Break 2000 this year idea is to short and continue short until we hit 1490 . we have been rejected from 382 levels and 618 levels ( which was also 50% levels if you check on fibs i made ) so now its heading towards 786 levels which are at 1750-54 which can play as good support to play longs but if we close below 1750 on h4 or daily next target will be 1729 for shorts . we can look for longs at 1729 with sl 1726 for target 1750-70 which is 618 levels but if we break 1725 and h4 or daily close below it next short target will be 1680 this time . Good luck