Goldusd
GOLD bears still strong XAU / USD
The price finally reached my major support Which I pointed before in my last idea , check here ⬇️
What Next ?
The bears are stronger than bulls
1- By chart : printed big double top pattern
2- By fundamental : dollar index keep going up and bring all other assets down !
If major support of 1660$ broken the price will easly dropped to 1550-1525 and then 1400$ - 1350$
Invalidation for bears : breakout of violet color trendline resistance will help the bulls to push up again
What do you think about Gold in next weeks ?
Share with us in comment section below ⬇️
Gold Analyze (Double Bottom Pattern)🚀🚀🚀!!!Gold moved as I ✅expected✅ in my previous post about Gold.
Gold is making Double Bottom Pattern in the Heavy Support zone. At the same time, Gold is breaking the descending channel. as a result, I expect that Gold can go up to a target of the double bottom pattern.
Gold Analyze ( XAUUSD ), Timeframe 2H (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold Analyze (Short term)!!!🥇Gold is running in Descending channel and near the Heavy Support zone.
Also, we can see the Regular Divergence (RD+) between Oscillators and price.
I expect Gold to go up at least to the resistance zone and the upper line of descending channel.
Gold Analyze ( XAUUSD ), Timeframe 2H (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Jamie Gun2Head Trade - Selling GoldTrade Idea: Selling Gold
Reasoning: Rangebound on Gold, bias still bearish posting a shooting star candle.
Entry Level: 1717.74
Take Profit Level: 1692.00
Stop Loss: 1724.00
Risk/Reward: 4.11:1
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GOLD (XAUUSD): Key Levels to Watch This Week🥇
Here is my fresh structure analysis for Gold.
Resistance 1: falling trend line of a falling parallel channel
Resistance 2: 1726 - 1736 area
Resistance 3: 1758 - 1765 area
Resistance 4: 1801 - 1808 area
Support 1: 1680 - 1689 area
The market is currently testing Resistance 1.
If the price breaks that, gold will immediately face Resistance 2,
so if you want to buy the breakout, you need a daily candle close above these 2 structures first.
Alternatively, if you are bearish biased, consider shorting the resistance of the channel.
Wait for a confirmation to short.
I am currently waiting. It looks like the market participants are looking for this week's fundamentals to start pushing.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
XAUUSD Gold 15 Min chart Demand and Supply Levels.XUAUSD GOld 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 1,714/- to USD 17.14.50/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 1,732/- to USD 1,730/-
(Red Circle in Image)
#Gold # XAU
Suggested Move - Short at USD 732/- to USD 1,730/- range
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the TREND LINE is BREAKING and UP about 120 PIPS. We hope you get it.
We have some very important NEWS coming to USD this week. So we have to wait a bit until we get them.
Anyway, with US10Y UP, GOLD is going down a bit now. Anyway, we expect GOLD to go down to 1671 LEVEL. Before that, you can definitely go to 1782 LEVEL GOLD. Be careful..