XAUUSD H4 - Short SignalXAUUSD H4
Again, following on from yesterdays video analysis, we could expect to see this 618 fib zone, H4 and D1 resistance/supply price hold. Very early on so far in the week, not a massive amount of expected movement/data today.
Looking for shorts around current price to 1945 if we can start to hold resistance here as we open up the trading week. DXY looks like it may have some more downside, but lets see if XAUUSD can just consolidate until the dollar is ready again.
Goldshort
XAUUSD – are the bears ready for action again?? 25 Aug, 2023The vital support at 1915 was broken by the bears a few days ago, but the bulls took over and stopped further gains. Price is back at that area again. The daily candle of 24 Aug can best be described as “indecisive”. The overall flow I the market is to the downside and my bias is in line with this.
If we get bearish indication as I expect that we will,
Entry should be below the low of Thu candle
Stop should be above the high of Thu candle
Initial target can be at 2R subject to an extension lower if PA suggests.
If however, we see a bullish continuation move, my analysis would get negated.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
XAUUSD / GOLD WITH 190+ BEARISH PIPSGold has been a consistent rise in price in the most recent times,
Bullish day traders has been a steady cash out but from what the chart formation is painting currently,
A massive retracement (Bearish) moves is eminent that may likely drop about 200 pips as the market opens for the new week
According to DANCOLNATION CAPITAL TRADING Strategy, we shall be trailing the moves on intra day and day trading perceptive to catch the most of the moves
Gold is short 44-47, patiently waiting for the retracement
It’s another trading day after another week. This week we have experienced a roller coaster. Some are happy and some are sad.
Gold rebounded again yesterday and once again set a new high in the near future, reaching around 48. In the short term, It also continues to maintain its consolidation above 40, but the performance during the day is flat and there is no intention to advance. This may be related to Friday’s non-farm payrolls. Generally speaking, this week, although there has been a breakthrough, the volatility is not large, so this week The non-farm payrolls of 5 are what we are looking forward to, and should once again make a new unilateral trend. At present, gold continues to maintain a small fluctuation. It is no longer recommended to enter the market in the short term, while the upper pressure remains around 48. , at the same time, today is also the last trading day of this month, and the monthly line will also close. According to the current form, the monthly line will also close at the negative line form of the lower lead, and the daily line will continue to rise, and the support below will also A series of barriers have been formed. First, the first support will be maintained at the 35 line, and the second support will be maintained at the 25 line. In the short term, we are still relatively short on gold. If it reverses around 46-47, we will continue to short, and the target Looking at 35-25, the loss is 52.5.
GOLD (XAUUSD): Your Trading Plan For Next Week 🥇
GOLD perfectly respected a contracting supply zone on a daily time frame,
based on a major falling trend line and a horizontal resistance.
Next week, pay attention to a double top pattern on a 4H time frame.
If the price breaks and closes below 1934 - the neckline of the pattern,
a bearish continuation will be expected at least to 1926.
Because the market is trading in a bearish trend since May,
I remain very bearish biased.
However, a bullish breakout of the underlined blue are may trigger a strong bullish wave.
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GOLD ANALYZE H1 Hello Dears
Due to the correction of the price in the dollar index and also the reduction of the upward momentum in the gold trend
and hitting the resistance zone
We expect the price of gold to take a short break
This correction can be up to the bottom of the ascending channel or the price of 1930.
Note that if the price correction has a high momentum, there will be a possibility of touching the lower areas.
I wish you the best wherever you are
I will be happy if you share your opinion with me
XAUUSD LIKELY BEARISH SCENARIO hello traders after an analysis on xauusd my opinion of gold is bearish
after a turbulent friday caused by NFP and unemployement rate fundamentals the daily candle closed as a inverted hammer indicating a bearish sign the candle rejected a bearish trendline gold has been following for a while now.
the last two weeks of august gold started a correctional bullish movement that pumped from the 1900s to the 1940s creating a bullish correctional trendline ,
i believe if bears manage to break that trendline we will likely see gold continue his overall bearish movement maybe back to 1900s.
this is just a probable scenario nothing is confirmed and anything is possible the break out of the trendline and the key level will be a good confirmation
📉 GOLD Analysis: Bearish Divergence & Double Top Reversal 📉📉 GOLD Analysis: Bearish Divergence & Double Top Reversal 📉
#TechnicalAnalysis #GoldTrading #BearishDivergence #DoubleTopReversal #InvestmentAnalysis
Hello Traders! 👋 Today, we're diving into a detailed technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Strap in, because there are some interesting findings to discuss.
📈 Overall Trend: Bullish
- The overall trend for Gold has been bullish, which has been evident in the recent price action.
🐻 Bearish Divergence:
- However, a concerning sign is the presence of bearish divergence on recent Higher Highs (HHs). This suggests weakening upward momentum and potential reversal.
🔄 Double Top Reversal Pattern:
- We've also identified a classic Double Top reversal pattern, a bearish signal.
💡 Summary of Technicals:
- Bearish Divergence
- Double Top Reversal Pattern
- No trend continuation patterns detected
📊 Trade Setup:
- Short Entry: 1938
- Stop Loss: 1953
- Take Profit 1 (TP1): 1923
- Take Profit 2 (TP2): 1908
📅 Seasonal Pattern:
- It's worth noting that historical data from the past 10 years indicates a bearish seasonal pattern for September.
📆 Time Cycle:
- Additionally, the weekly cycle suggests a bearish bias.
💼 Investment Advice:
Considering the technical signals, seasonal pattern, and time cycle alignment, it's prudent to consider a short position in Gold (XAU/USD) at 1938 with a stop loss at 1953. Potential targets are TP1 at 1923 and TP2 at 1908.
However, always remember to manage your risk appropriately and use proper risk management techniques. The financial markets can be volatile, and it's essential to have a well-thought-out trading plan.
This analysis is for educational purposes and does not constitute financial advice. Make informed decisions, and trade responsibly. 💼📉
Good luck, and happy trading! 🌟
XAUUSD Analysis & Trade Ideas After breaking out the strong bear trend over the last week and continuing the momentum yesterday post JOLTS to 1950 volume has slowed down and price met with a key S&R level which has previously been a pivot level for inner trends.
If we can get a rejection off the 1948-50 area and a bearish pivot back down to 1940 we could then see the price fall to around 1930-29 which would level out the price and provide a trend validation.
Gold is short at 48-49, expected to correct during retracement
Everyone will inevitably suffer some grievances, and no one can hold his head high forever. The road of life is not easy to walk, bow your head when you should bow your head, and make concessions when you should make concessions. Only by being able to bend and stretch can one's heart be tough enough. Only by being able to endure grievances can one become a master and truly defend one's dignity. If it explodes at one point like a firecracker, it's not protecting your self-esteem, but lowering your self-esteem!
Gold, the U.S. market has once again broken through, currently reaching a maximum of around 48. In the short term, this week will also usher in three consecutive positives, so this action is likely to be an unjust move, and the pressure from above will also It’s coming soon, and the current suppression level of gold remains at the 50 line. This position is also an important suppression level in the near future. It is very likely to break through in the evening, but the probability of breakthrough is not high. We still need to continue in the evening Bearish on gold, we are facing the first wave of retracement since the counterattack, and the support below will also remain at the 20 line. This position is also the limit of the retracement of this wave of short patterns. Once it continues to break down, it will be very likely. The possible reversal of the short position will also end the upward willingness of the bulls. At present, the daily line is above the moving average system, and the upper pressure of the weekly line is maintained at the mid-track position. This position is probably around 55, and in the evening For gold, let’s go short around 48-49 first, and the target is around 35-25, with a loss of 55.5. If you stand above 50 for a long time, you can consider adjusting your position and getting out.
GOLD 4H (Pivot Price: 1936)GOLD
Hello,The gold price has shown narrow range trading since the morning, with no change in the expected bullish trend scenario for today
if it is below 1936 the direction downwards going until it reaches 1931 and 1924 then 1913
if it falls above 1936 the direction is going to touch 1943 again and 1949
Pivot Price: 1936
Resistance Price: 1943 & 1949 & 1956
Support price: 1931 & 1924 & 1913
time frame: 4H
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Gold 19-20 short, short-term pressure bearish
Gold, this Friday once again showed the shape of bottoming out and rebounding. After hitting the lowest line of 03, it began to reverse, and closed around 14, forming a negative cross star with a long lower lead. The daily line did not continue, and it was under pressure at the position of the mid-term moving average , On the contrary, it fulfilled the rapid fall of the bears, and the fall on Friday is also likely to be the second test of the bears. With the poor continuity of the bulls, we are still not optimistic about the continued upward movement of gold in the later period. A bear is under pressure, and the current pressure on gold is maintained at the 20-line. This position will continue to serve as the watershed between long and short positions and the position of key pressure points in the later stage. If we continue to stand firm at this position for a long time, we will still prefer to Bulls, on the contrary, if the counter-drawing is under pressure and retreats on Monday, we can temporarily announce that the short-term long-term counter-drawing will come to an end, and the support below will remain around 1900. If gold rebounds first on Monday, see 19-20 Continue to short in the vicinity, the target is around 05-00, and the loss is 25.5. If the performance of the European market is strong and there is no intention of retracement, the position needs to be adjusted before the US market!
GOLD SHORT!!Hey Traders,
What we see again is clear and obvious, so price having change of character from uptrend to down-trend, so for now we expect price to react and get away from the zone we determined...
It is exactly update for entering again to GOLD, however we have news coming in couple of hour, so ave your risk management,
Any question comment bellow!
Thank you!
@FxShzd team
Gold 19-20 short; The oscillation correction moves down
Gold, yesterday's big white line rose during the day, as of the afternoon the highest touched around 22, but this action we still can not completely think of as a reversal of bulls, after all, in the field of long and short, the first condition for judging whether it is a reversal is not a single day of yin or yang, are continuous and breakthrough effects, and the current gold European market falls, then the probability of the U.S. market continuing to strengthen is not large, after all, continue to retrace to the position below 20, then this position is also an important pressure outlet position in the evening, And the key support below will also be maintained at the integer off the 1900 line position, this range may have a certain time point on the oscillation, and the evening trend is also more critical, if strong, then continue to follow the later right, on the contrary, the later period is still reviewed in the falling channel, then the evening gold such as the counter-draw around 19-20 continue to short, the target is around 05-00, stop loss 26.5, as follows after breaking 10 can consider continuing to hold, and the weekly system continues to be under pressure, then the short-term point or try to bearish
📈Gold analysis, Weekly insight into price behavior📉FOREXCOM:XAUUSD
OANDA:XAUUSD
Gold analytical series, First day of the week.
Hello Traders, please check out my previous ideas.
As long as the price is below the 3H-4H middle Bollinger line, any price moves to cross this line is a sell position for me.
If the price breaks above the midline or stabilizes above the 1896 or 1992 level, the bullish scenario will be activated, and price can test daily Bollinger midline.
Targets are shown on the chart.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
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CrazyS✌
📈XAUUSD analysis 4H, 📉FOREXCOM:XAUUSD
OANDA:XAUUSD
Gold analytical series, First day of the week.
Hello Traders, please check out my previous ideas.
If the price breaks above the midline or stabilizes above the 1896, the bullish scenario will be activated, and price can test daily Bollinger midline.
Targets are shown on the chart.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
GOLD SHORT!! SCALP TRADE!!Hey Traders,
Here we are with the analysis of the gold, so far in higher time frame we are in bullish trend however we reached to one of the key supply area, and we expect to change the trend in lower time-frame which we can scalp on counter trend,
So what we see is clear break of structure just bellow and you see change of character,
So we wait for the price to reach our key level to take short position,
I am taking 0.5% risk on this trade as it is scalp and counter trend,
So lets see how price reacts we can have a clear drop to the level we determined...
Thank you for supporting,
Any question comment me bellow
@FxShzd team
Potential short swing trade for goldGold prices have held up well the past couple of days despite a stronger USD and yields. Although its established bearish trend looked overstretched around recent lows, after bears failed to drive prices materially beneath the June low.
We see the potential for the retracement continue higher over the near-term, but we'll be looking out for evidence of a swing high around or below the 19117 - 1920 area (high volume node and round number).
And now spot gold prices have already tested 1900, another leg lower does not seem unreasonable. Besides, the front-month gold contract is yet to break that level, and it provided support in late June. And if futures are to head for 1900, it suggests support for spot gold around 1970.
Gold 99-00 short; range shock short
Gold rose steadily during the day. Before the US market, the highest reached around 04 and then began to retreat, and the lowest fell again to around 89 to stop. The short-term retracement is also a continuation of the previous downward channel, which is also very reasonable. The retracement rate is slightly higher, but overall, the probability of a large retracement is not high. After all, the bottom has formed a three-bottom pattern, so this position can only be paralyzed in a large area after the position continues to break, and the current 90 line is broken. The probability is actually not high, and it is very likely that a puncture effect will be formed, and the upper pressure port is maintained at the 05 line, and the daily line begins to draw back, creating a breakthrough momentum. Shock is inevitable, but before an effective breakthrough is formed above, we still easily define it as a reversal of the bulls. At present, we can only operate tentatively, but the pressure on the top still exists, and it is recommended to try to short Mainly, if gold reverses in the short term, short around 99-00, don't look around 88-83, stop loss 05.5
GOLD SHORT SIGNAL 30 MINDear traders,
Gold in the 30-minute time frame can experience a price correction.
Until it breaks above the level of 1912, we cannot say that the trend is definitively bullish, despite the price showing a tendency to rise.
You can enter buying positions at lower levels and also consider selling positions based on your trading style.
I would appreciate it if you could share your opinion with me.