XAUUSD GOLD Sell ideaLooking at sells here, Gold has been particularly bearish as of late and it is not out of the question for Gold to continue down as it corrects the move from the highs.
Fundamentally and technically Gold needs to seek out a new low, and as always we are here to catch a portion of the move. Remember, we're not here to get the full move, we just want to be part of it and gain 1%.
Goldshort
GOLD Short Trade | Analysis & What to Expect This Day |In this trading day, here what you should focus on:
-Levels marked on chart and labeled as "Entry" 2025 and 2031 are possible entry points for a short position targeting sellside liquidity resting below 2000
As for SL: Price could rise to take buyside liquidity above 2041 before targeting 2000 level.. so be sure to enter after a confirmation at those marked area.. If price shows no confirmation then buyside liquidity sought after and we may look for an oopurtunity there..
The basis in my trades are confirmations and that could be found on lower timeframes such as 15,5,3,1 minutes..
Wait an uldate on this one & Good Luck!
Possible correction in Gold, $XAUUSDOn the daily chart, Gold (XAUUSD) has formed a rising wedge which is a bearish pattern. This was followed by a sharp bear trap and a double rejection of the bulls at the consolidation zone.
We are looking at a possible correction in the price of gold in the coming days toward 1982/1934 zones.
Gold ShortXAUUSD has been stagnant for the past week, only seeing some volatile movement during US economic news announcements. Current pricing seems to be finding resistance at 2021.00 , so I am expecting Gold to lose a little steam now. If price goes below 2004.00 it may swing down to support 1989.00 .
Sell Entry: 2011.00
Targets: 2008.00 | 2004.00 | 2001.00 | 1997.00 | 1994.00
Support: 1989.00
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XAUUSDHello traders ,what do you think about GOLD ? Gold was not able to cross its historical ceiling and it is fluctuating in the upper price of 2000 and it does not seem to be able to cross this historical level in the current conditions. In the medium term, we expect gold to fall to the specified level
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XAUUSDFree Transaction
We have retest on the key level
And pullback also on the moving avrage
And retest on the trendline
And last we have reversal candle
So this is high probability to selling gold now
take first TP in 2023.954
second TP in 2018.954
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XAUUSDHello traders ,what do you think about GOLD ? Today's inflation data caused the growth of gold. But we do not expect that with these data, gold will be able to break its historical ceiling, so we expect it to fall to the specified level with a little fluctuation in this area.
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GOLD SELLWelcome . According to my analysis of gold. There is a high probability of falling today. With the price reaching an important area. Where an upward channel has been formed. Gold failed to breach this channel. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GOLD (XAUUSD): Key Levels After FOMC🥇
As I predicted, Gold bounced yesterday.
Here are the updated key levels for you to watch.
Horizontal Key Levels
Resistance 1: 2065 - 2075 area
Support 1: 2004 - 2015 area
Support 2: 1968 - 1982 area
Support 3: 1943 - 1956 area
Vertical Key Levels
Vertical Support 1: rising trend line
Consider these structures for pullback/breakout trading.
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