Gold Forecast | Idea and signal for XAUUSDThe first scenario is taking shape.
Entry offer at around price 1772.
Take Profit: 1795
2nd TP: 1805-1810
Goldsignal
XAUUSD possible long for 176521st July key reversal bar formed made a new low closed on the high. 18th-22nd weekly bar is also key reversal bar indication for medium term long. 1721 demand zone for long with stop loss 1710 while target 1765.
GOLD Pauses at 110-EMAGold gains after dovish Fed, good to buy on dips
Gold price gained more than $15 after Fed monetary policy.
Technical:
The near–term support is around $1720
resistance around $1740,
GOLD possible breakdown??GOLD ( 4H) is forming a series of lower highs on the resistance on the 4 H timeframe. There is the probability of breaking down as the long-term trend is down.
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XAUUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Price Action 5-DMA and 200-EMA WGold near term resistance 21-EMA and 1750
Gold price took support near 200- W EMA
and daily 5-DMA support
The yellow metal faces minor resistance around $1750,
TRADE OF THE WEEK | Classic Trend-Following Trading 💰
Hey traders,
I told you many times that Gold is bearish and that bearish continuation is highly probable.
Following this analysis, I managed to catch a nice trend-following trade this week:
after a sharp bearish movement, the price started no consolidate within a horizontal trading range.
The price broke and closed below its support then.
Shorting on a retest, I caught 540 pips of a pure profit.
Great winner!
Did you catch it?
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Gold: possible move to 1640-60s before any mean reversalGold likely to move back to previous week low as long as it trades below 1728. A clear break of 1728 comes 1748 which once broken brings 1800 on the card. At the mean time I'll see any move to 1734-36 as a cautious selling opportunity with risk management expecting it to pull back on the same candle below 1728 on 4h-daily time frame. Target at 1683 followed by 1650s-60s.
XAUUSD key reversal bar dictation for correction 176021st july daily key reversal bar made a new low closed on the high. 1694 demand zone for long target 1760 with stop loss 1675( below key reversal bar low).
GOLD possible sell zone!!GOLD currently creating a possible head & shoulder
on 4H timeframe on local resistance. It is likely that GOLD may go for another drop from this resistance
XAUUSD GOLD Buy Signal With Price ActionGOLD BUY LIMIT @ 1703
SL 1695
TP 1709
TP 1715
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DeGRAM | GOLD longGOLD has created a compression channel with bullish divergence.
Price is coiling up and it may lead to breaking the channel.
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Gold Hold Above TrendlineGold price trading weak ahead of US CPI data. The yellow metal has shown a minor pullback on the short covering.
Technical:
The near–term support is around $1723
The yellow metal faces minor resistance around $1740
Gold can continue its descentSince Wednesday last week, Gold is consolidating in a range. This rectangle most often means continuation and in such an instance, XauUsd can make a new low and visit 1720 support.
As I said on Friday, the trend for the yellow metal is down and it will remain so as long as the price is under 1760.
Traders should look to sell rallies
XAUUSD Downtrend short for 1775.00#xauusd, gold weekly forming lower low and lower high. 4th July daily bar is key reversal bar within the downtrend. 1786 preliminary support for short term profit taking need to break for 1775 take profit.
XAUUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
XAU/USD 1H shortFOREXCOM:XAUUSD now move towards sell direction round about 10:15am UTC (3:15 Pak) due to FOMC and Fed Chair Powell Speaks at 1:00pm UTC (6pm Pak). Let's see!
Targets for short = 1815.72 , 1813.96
targets for Long = 1822.38 , 1827.00
XAUUSD GOLD Buy Signal With Price ActionIT'S GOOD TO BUY @ 1826 SL 1820 TP 1830 TP 1835\
At the moment, GOLD is bullish. And I believe that the pair will increase because of the current market conditions. So, in my opinion, going far makes sense!
Gold Weekly Analysis: It's all about FOMC and Rate Decision...Having been in gold sell mode all the time since the beginning of last week, but the market closed up nearly 500 pips after the release of the positive CPI report of the American session last Friday.
Both the Daily and Weekly candles have closed as bullish candles. Although the market has closed bullishly, Gold has not been able to close above its strong resistance zone. And there is no big report release for Gold until next Thursday.
So, there will be a big move in the gold market on FOMC and Rate Decision. And until Thursday, Gold has technically a chance to rise a little further to the $1880/1900 price zone. .
Resistance from current rate is $18800/1900.As market doesn’t have too many market mover days in early of the next week and gold closed in full faced bullish candle.
So, beginning of the next week, gold may go up and test $1880/1900 it drops. And I am expecting gold may drop from Trendline Resistance Zone of 1880/1900 during FOMC and Rate Decision.
Well, now if the Fed makes a dovish statement or does not raise the 50 bp rate then maybe it will close above $1900 and again the market will create a chance to rise till $1950 and $2000.
Reason for gold's drop:
1. Next week FED will hike rates more than 50 BPs.
2. Recently the US job market report and CPI rose more than expected.
3. Gold is near to its trendline resistance zone. So, technically it is expected to drop from the present zone of $1870/1900.
Caution: Of course we are not going to sell instantly. Because D1 and Weekly candle closed in full faced bullish pinbar candle.
So, it has created more chances to test the nearly $1880/1900 price zone again. I think till next Thursday (FOMC and Rate decision) gold will go up.
On Thursday we have the FOMC and rate decision. So, I am expecting gold will drop at the FOMC and Rate decision day not before.. Let's see what happens.
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DeGRAM | XAUUSD shortGOLD could made a higher high.
It pulled back to the consolidation zone.
We anticipate further price movement down.
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