Goldshort
GOLD (XAU/USD) Analysis - Bearish biasHi Everyone,
It's been a while - I'm sharing with you my analysis on Gold and what I expect to see taking shape this week.
As you can see, I'm bearish on Gold.
I expect price to continue the current upward move to take liquidity above the marked area - however, as we approach 2035-2040 area, price will be facing a strong selling level , where bears could take over control of the market and drop the price lower, to fill those Imbalances as well as unmitigated Order Blocks .
I'll be taking short positions as the market approaches the upper grey area, in confluence with the bearish trendline. It could be a great trade with a largely favourable risk to reward ratio.
Let me know if you have any questions or have different views, I'd love to discuss!
Good luck!
Gaspar_Trader
Xauusd Up Gold stabilizes near $2,030, eyes on FOMC Minutes
Gold clings to marginal daily gains at around $2,030 on Wednesday after closing the first two days of the week in positive territory. The benchmark 10-year US Treasury bond yield edges lower ahead of FOMC Minutes, helping XAU/USD hold its ground.
From a technical perspective, sustained strength and acceptance above the 50-day SMA will set the stage for an extension of the recent recovery from the $1,984 region, or a two-month low touched last week. Given that oscillators on the daily chart have been gaining positive traction, the Gold price might then accelerate the positive move towards an intermediate hurdle near the $2,044-2,045 region en route to the $2,065 supply zone.
Gold now 2028
Target 2032
Target 2036
Target 2050
Target 2059
SL 2015
FOMC signal confirm
GOLD H1 / Potential Short Trade / Valid Entry in Supply Area❗️💲Hello Traders!
This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Gold Buys OpenWhat's up folks, Currently in a buy on gold
Let me explain
These are my confirmations\questions >
Question 1 - Is gold in momentum (bullish or bearish)?
Yes, gold is in bullish Momentum currently
Question 2 - Who is interested (at this time)?
Buyers are interested at this time
Question 3 - Where are their stop losses?
Stop losses would have been right below the highlighted levels (orange line)
Question 4 - Have those stop losses been taken out?
Yes I believe Stop losses have been taken out already
Question 5 - Does the set up make sense to me to pursue?
Yes I believe it makes sense for me to pursue this trade given the information I have
Thus far the trade had given me about a 1:1.91 RRR but it came back to my entry, I believe however it is likely to continue, so I think I will hold it
I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader
Downvote if you didn't read this post and didn't try to understand
OR
Upvote if you did read this post and did try to understand
P.S I was in a trade on EJ on Friday and that took me out (Minus 10 pips) - this is just for transparency sake
XAUUSD Top-down analysis 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 M30 / LONG TRADE EXECUTION ALERT ❗️💲Hello Traders!
This is my idea related to Gold M30. I expect a bullish move to close the FVG. The bearish sentiment on the market is still bearish, and I consider this indicator a good chance to look for long entries.
My target is under the OB level.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
XAU/USD Shorts from 2020.000 back down Last week, my gold analysis unfolded as expected, with both scenario (A) and scenario (B) playing out as anticipated. This week, we witnessed a robust response from the daily demand zone, which held significant bullish sentiment. However, with the market shifting and structures breaking, it appears that a downtrend is beginning.
I'm eyeing the nearby 6-hour supply zone for potential selling opportunities as price approaches. Once there, I'll be looking to initiate sells, aiming to push price down towards a demand zone where I can consider buying back up. I anticipate that this demand zone will hold, and any reactions we observe from the supply zone will likely be temporary retracements.
Confluences for GOLD Sells are as follows:
- Price has changed character to the downside and broke structure on the higher time frame.
- Left a clean 6hr supply zone which caused the BOS to the downside.
- Lots of liquidity still left to the downside as well as a 6hr demand it can mitigate.
- After gold sweeping ATH's in December it might be enough (LIQ) to begin this downtrend.
- Imbalance below that needs to get filled once that happens we can expect a bearish reaction.
P.S. It's crucial to remain adaptable, prepared for various scenarios to unfold. I also foresee the possibility of price surging upwards to fill the liquidity above the 6-hour supply zone, given the successful reaction we've seen from the daily demand thus far.
Have a great trading week ahead, The bank holiday for USD is on Monday just so you know!
Gold Trade Idea - SELLResistance Breakdown: The gold market has shown signs of weakness, failing to breach the critical resistance level at $2040.10, suggesting a potential reversal in the upward trend.
Technical Indicators: Key indicators such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) signal overbought conditions, supporting the likelihood of a price correction.
XAUUSDHello traders ,what do you think about GOLD?After the heavy fall of gold on Tuesday, after the publication of CPI news, reaching the support zone, as expected, we see an upward correction in gold. It is expected that after the completion of correction and pullback to the broken level, we will see gold fall to the specified level
If this post was useful to you, do not forget to like and comment.❤️
GOLD SELL ANALYSIS CONFIRM Gold price is up on Thursday, peaking intraday at $2,008.30 as the US Dollar came under selling pressure ahead of Wall Street’s opening and following the release of mixed United States (US) figures. XAU/USD, however, lost momentum as the session went by and now struggles to retain the $2,000 mark.
XAUUSD SHORT - GOLD UNDER PRESSURE❤️Forex Besties❤️
INFORMATION
Gold price attracts some buyers amid sliding US bond yields and subdued USD price action.
Geopolitical tensions in the Middle East further lend support to the safe-haven XAU/USD.
Delayed Fed rate cut bets could underpin the USD and cap gains for the non-yielding metal.
🔥Sell Gold 2013 - 2017 SL @2022
✅TP 1 @ 2007
✅TP 2 @ 1985
✅TP 3 @ 1977
❤️FOREX BESTIES WEB - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold price (XAU/USD) edges higher during the first half of the European session and moves away from a two-month low, near the $1,984 area touched the previous day.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
XAUUSDHello traders ,what do you think about GOLD? With the release of CPA data last day, gold fell sharply and lost its trend line and stabilized below it. After a correction and a pullback to the broken zone, it is expected to drop to the indicated levels
If this post was useful to you, do not forget to like and comment.❤️