GOLD (XAUUSD): Strong Bullish Signal During the Asian Session
Gold retested a recently broken daily structure resistance that was based
on a previous all-time high yesterday.
During the Asian session today, the price formed a strong intraday bullish confirmation.
Retesting the underlined blue area the price formed a cup & handle pattern
and violated its neckline.
Now we see a nice bullish movement.
It may continue at least till Powell speech later on today.
I did not manage to trade this setup because I was sleeping when it was formed.
But it is a perfect example of a confirmation trading that I teach you and I hope
that those who trade the Asian session managed to recognize this signal.
❤️Please, support my work with like, thank you!❤️
Goldtechnicalanalysis
GOLD (XAUUSD): The Next Resistance?!
As Gold updated the ATH on Friday,
here is the next potential resistance on focus.
It is based on a major rising trend line on a daily,
based on 4 important previous highs.
I think that we will see a pullback from that.
I will post the update after its test.
❤️Please, support my work with like, thank you!❤️
XAUUSD Sell Oppotunity 2389.00 - 2390.00The pair already structure break and trying to go
for last support level in higher Time frame. the analysis
recommend to open sell order with FVG 2389.00 - 2390.00
with 1:2 RR. 1:1 RR Make sure to book particles of profit
and breakeven.
Waiting for confirmation.
My selling setup. use at your own risk
Gold next week expectation#XAUUSD Update..! ⚠️
Last few weeks gold running with bullish movement after break of the trend line 0.257. from NFP price retested with 2476 - 2472 zone. Now the market opens ChoCH. Means we have more than 85% of reversal confirmation.
However the price rebounded the golden zone and will rise to getting Fvg and after completing all the gold confirmed 100% bearish movement.
XAUUSD I Riding the Bullish Momentum Welcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
XAUUSD I Bullish breakout, pullback, and potential continuation Welcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Unlocking Profit Potential XAU/USD Buy Trade AnalysisHey Nathima fams!
I hope you're all doing great! I wanted to share an exciting trading opportunity I've identified on gold. Here's why it's looking promising:
Weekly Strong Bullish Trend: The weekly chart is showing a robust bullish trend, indicating significant upward momentum in the price of gold.
Buy Opportunity: Considering this bullish trend, I'm highly confident in a buy opportunity on gold.
Target Range: I'm aiming for a target range of 2183 to 2208. This range aligns with both technical indicators and market sentiment, increasing the probability of a successful trade.
Profit Potential: With this trade, there's a fantastic opportunity to make substantial profits. By leveraging the current market conditions and strategic entry points, we can maximize our gains.
Let's capitalize on this opportunity together and turn it into a profitable venture! If you're ready to join me in this trade, let's make it happen and celebrate our success as a team. Here's to winning trades and amazing profits!
XAUUSD (GOLD) I Technical and Fundamental Outlook Welcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
XAUUSD (GOLD) I Let the price come down before going longWelcome back! Let me know your thoughts in the comments!
** GOLD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GOLD I Pullback from record high Welcome back! Let me know your thoughts in the comments!
** GOLD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GOLD (XAUUSD) One More Bearish Move Ahead
Guuuys, I have already predicted a local bearish movement on Gold this week.
I think that one more is ahead.
The price is currently approaching a strong resistance.
From that a trend-following movement will follow.
Target level - 1904
please, support my work with like!
GOLD set for another climb!Instrument : GOLD
Possible direction : Bullish
Technical Analysis : Price has opened with a large gap and formed a shooting start int he direction of the major trend. Price already grabbed liquidity from the gap and my continue to rise as the major trend is up.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Gold Analysis 07 April 2023Today is bank holiday in Asia and Europe and only US markets will be opened today. The Market will be having low volume because of bank holiday. Today is a vary important news of Non-Farm Employment Change in US which always causes huge impact on Gold and Dxy. this analysis is focused on news and gold trends. Be careful before going into market. As we can see there is a support level at 2000 price level which was being tested last day. In long run market will test again 2035 level and eventually hit 2050 in upcoming days. for a detail description check out my YT "Patient Wolf".
Thank you.
GOLD broke down from daily trend lineWe have 2 important breakdowns on daily chart.
#1 Bearish flag breakdown, Technical target of that is $1774.74
#2 Ascending trend line break down, Technical target of that is $1795.92
Price is trying to breakdown from golden ratio level 0.618 which IF breaks down then most likely are going sub $1800 levels.
GOLD seems very bearish for mid-term because on daily structure is changing from higher highs/higher lows to lower highs and lower lows which suggests that gold trend is shifting from bullish to bearish.
Please like and comment if you agree.
GOLD is about to breakout!Currency Pair : GOLD
Possible direction : Bullish
Technical Analysis : GOLD bulls has primarily first has broken resistance and then again has broken the support to grab strong liquidity grab. Finally price again created strong uptrend with multiple liquidity grab. As the price has strong momentum, it is highly likely price will continue to rise to at least psychological level @Adrien1899
Fundamental : CPI release is fueling the price the bulls!
Possible trade recommendation : Bullish
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. These days the FED RATE HIKE SLOWDOWN SENTIMENT and, in the short term RETAIL SALES, NFP and PMI DATA being POSITIVE, managed to make the USD STRONG.
But since all the ECONOMIC INDICATORS were positive the other day, GOLD was slightly SELL yesterday. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being ON.
We have some very important NEWS coming to USD this week. Be sure to keep an eye on it.
Anyway, we expect that GOLD will go up to 1875 LEVEL. Before that, GOLD may go down to the 1744 level with the FOMC UPDATE. Be careful..
Daily Gold Technical Analysis And Today NewsXAUUSD Technical Analysis 26.07.2022 1h chart
✅ Previous Daily candle closed Bearish forming Resistance at 1727.600 respecting the previous Highs and Lows of the previous day and closing at 1719.800.
✅ Buys on close above 1721.600 targeting 4h Resistance at 1729.000 leaving Runners to Daily / 1h Resistance at 1735.200.
✅ Sells on close below 1714.800 targeting Weekly Support at 1707.800 leaving Runners to 30min Support at 1698.700.
✅ We have Conference Board Consumer Confidence and the Richmond Manufacturing Index data released 30min after New York Stock Exchange Open.
XAUUSD - GOLD CURRENT SITUATION - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet.
- By now, GOLD must go to 1675 LEVEL. After that, at 1832, the PRICE must go up, definitely a STRUCTURE BREAK
If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS.
- Currently, US 10Y is slightly UP. Also, DXY is going up a bit. For this reason, GOLD is going down now.
XAUUSD - GOLD CURRENT SITUATION#XAUUSD - #GOLD
- As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet.
- By now, GOLD must go to 1671 LEVEL. After that, the PRICE must go up at 1910, definitely a STRUCTURE BREAK
If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS.
- Currently, US 10Y is slightly UP. Also, DXY is also slightly UP. For this reason, GOLD is going down now.