XAUUSD Gold Next Possible MoveXAU / USD ( Gold / U.S Dollar )
Time Frame - M30
- FALLING WEDGE Pattern in Long Time Frame #LTF and Rejection from the Lower Trend Line #LTL
- ELLIOT WAVES in Long Time Frame #LTF completed " 12345 " Impulsive Waves
- It is making it Corrective Wave " ABC "
- BULLISH CHANNEL Corrective Pattern in Short Time Frame #STF
- Waiting for Retest
Goldusd
XAUUSD Gold Next Possible MoveXAU / USD ( Gold / U.S Dollar )
Time Frame - M30
BEARISH CHANNEL in Short Time Frame #STF
ELLIOT IMPULSIVE WAVE in M-30 Time Frame
Completed the " 4th " Impulsive Wave
Need Rejection from the DEMAND ZONE or Fibonacci Level - 61.80%
Buying Divergence in Long Time Frame #LTF
Bearish Trend Reversal with Strong Bullish Price Action
GOLD Powerful SELL Signal View....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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Gold : Intraweek Technical AnalysisGold Intraweek Technical Analysis:
the move made by gold was very obvious the week, everyone was waiting for the gold to test the support of 1625 atleast once again so that it can be tested and the volumes can be observed.gold tested the support of 1625 with a false breakout towards 1620 and then made a rally to all the way till 1660,giving a weekly and daily closure above the down channel trendline. Another daily closure above the time frame will confirm the reversal for a short period of time. Gold has a resistance of 1728 on weekly time frame and 1675 on daily time frame. A rejection at 1675 level will push gold back to test the supports of 1645 and 1625. My idea is that in coming week gold will try to give a weekly closure above 1675 which will open doors for 1725 in the first week of November and then gold will move towards downside one last time in the third week of November if the interest rate is revised.after which we may see a huge rally towards 1800 in the Christmas holidays.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
Gold is getting ready for bleeding...Gold is in daily supply zone , actually as i can see upward movement was just a correction in downtrend channel , you can short here , absoloutly we are getting down again...
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🥇Gold🥇 Analyze (Shor term,10/21/2022)!!!Gold was able to make a falling wedge pattern near the middle line of descending channel & support zone. Also, it was broken the upper line of the falling wedge by Bullish Marubozu Candle.
I expect Gold will go up at least to the upper line of descending channel and resistance zone.
Gold Analyze ( XAUUSD ), Timeframe 2H (Log Scale).
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XAUUSD Gold Next Possible TradeTechnical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - M30
According to the Long Time Frame #LTF we have " FALLING WEDGE " Pattern and its Rejecting from the Lower Trend Line #LTL
ELLIOT WAVES - Completed the " 12345 " Impulsive Waves and now it will Follow Buy Trend to complete the " ABC " Corrective Wave
Buying Divergence in #RSI
Gold Short-term Downtrend As stated on my previous trade idea the USD has better control of inflation and is maintaining relative strength over other top currency pairs. With this in mind the USD will be more popular than the Gold as Gold generally goes the opposite direction to USD due to the intrinsic value it can hold the Dollar currency.
This trade is merely speculative and has somewhat of an entry shown by the 4-hour candle closing underneath the "Buy Zone".
- Note to never risk more than 1-3% of your account on any given trade.
Please form your own research but I hope this can give some advice or fuel for ideas to be generated.
A Follow would be appreciated if this helps!
GOLD XAUUSD Mid-Term Bearish AnalysisHelp me keep on posting by clicking on BOOST! (it's like "liking")
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF (IS THE KING)
- ETC
XAUUSD Gold Next Possible MoveTechnical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - M30
It is Following Rising Wedge Pattern in Short Time Frame #STF
It is Also Following Impulse Correction Impulse
It has Break out the Structure #BOS " 1644 " and Went down and Completing the Retest Now
If it Retest at the " 1642 - 1644 " and Reject then We can Enter in Sell till the Daily Support Level " 1614 "
Gold Trend 18/10 - 21/10Gold had pullback before the day's end yesterday. The market opened at 1642 back from the weekend. The price has kept moving higher in the Asian and European sessions. It hit the day-high 1668 at the US session opening, then the price retraced. The day ended at 1650, up by USD8 after all.
The downtrend on the 1-hour chart slowed down yesterday after the price jumped above the trendline(1), shifting the S-T downtrend from (1) to (1.1). Before the next break, expect the price to settle in between 1640-65(2) for now.
Overall the trend is still bearish, and a new bearish signal(3) has appeared after the pullback from 1668 yesterday. The resistance at 1665(4) & the 20 days MA(5) are blocking all the climb for now. Once the price clears the support at 1640, gold should be able to consolidate further.
S-T Resistances:
1670
1665
1660
Market price: 1659
S-T Supports:
1655
1650
1645
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XAUUSD Gold Next Possible MoveTechnical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - H4
ELLIOT WAVES in Long Time Frame #LTF
It has completed Impulsive Waves " 12345 " and " B " Corrective wave at Fibonacci Level - 23.60%
It will Follow Buy Trend to Completed its " C " Corrective Wave
BEAERISH CHANNEL in Short Time Frame #STF
If it Rejects from the Lower Trend Line #LTL and Breakout the Upper Trend Line #UTL and Retest then Long Buy