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Xaausd

XAUUSD possible reaction spot according to the PITCHFORK TOOLGold has seen a rather strong selling pressure in recent weeks mainly due to the USD's strength and the continuous rise of the bond market, especially at the beginning of this year. Today's sharp drop after the Initial Jobless Claims put on a stronger risk-on sentiment on the stock markets, only made the short-term picture worse making Gold buyers panic. Tomorrow's Nonfarm Payrolls report may bring even more volatility to the table. My strategy for gold in long term is after all this stimulus check and according to Powell statement that they will not increase interest. I expect the price to interrupt the decline and begin to rise.
OANDA:XAUUSDLong
by DrSfety
XAUUSD GOLD It will collapse into the support area +320 PipsWelcome Back. Please support this idea with LIKE if you find it useful. *** In the event that it tested the resistance and the previous exo will move to the downside to the aforementioned support area. *** 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 watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice.
OANDA:XAUUSDShort
by Saeed966
19
Bulls can't break the Parallel Channel |Short bearish move aheadForecast: As can be seen from the chart, we can notice a fake breakout attempt above 1523 level. Other than that, the market moves inside of the Parallel Channel. Short-term bearish movement expected. Trade plan: 1. Wait for the 1h candle close below the previous candle or inside the Parallel Channel. 2. Wait for the bearish confirmation candle. 3. Short. Remember it's only for "short term". Key points are risk management and confirmations. Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice. Always plan your trade and trade your plan.
OANDA:XAUUSDShort
by d13wish
1