XAUUSDXAUUSD if can break the supply zone can rise to 2023 - 2034 - 2050
if can't break the supply zone can drop to 2003 - 1991 - 1982
Xau-usd
XAUUSDXAUUSD at Higher High if can't break here can drop to support zone at 1982cand if can break support can drop to order block at 1914 if can break order block can drop to strong zone at 1786 - 1753 and if can break the zone can drop to demand zone at 1666 - 1616
Gold breaks out of consolidationGold has successfully broken out of its consolidation phase with a strong bullish engulfing candle that engulfed the last 11 days of trading. Now, with this strong upward move, it is expected that the price may retrace slightly to gather some liquidity before continuing its ascent. As for me, I will be waiting for the price to test the trendline slightly below it to look for any possible reversal signals that may indicate a buying opportunity for gold.
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XAUUSD Updated ScenarioAs markets have received negative news for USD, yesterday's price action had a strong upside reaction.
As we are trying to reactive trade we see this upside breakout fro the 14-day range as a potential buy signal, therefore we are looking for the previous highs as our first TP targets.
Please be advised that this week is very busy on the markets FOMC, FED related news can Impact even the best of the setups and markets can change direction short term/mid term in a very fast manner.
XAUUSD 03/05/2023Details on chart - looking to play the tones released from FOMC including whether rates were hiked or unchanged
XAUUSDXAUUSD
Sell after break trendline
After breaking trendline can drop to 1973-1953
If can’t break you can buy and take your profit top of trendline
XAUUSD 28/04/2023Details on chart - looking to play the data release during NY before taking a trade
XAUUSD 27/04/2023Details on chart - looking to play the data that gets released with direction of economy given
Gold OutlookIm looking for a short opportunity on gold tomorrow.
I want to see a push up towards the 1 hour fair value gap & the 4 hour resistance.
We have equal lows, which means there will be liquidity that will need to be taken (potentially).
Gold has also taken buyside liquidity at 2003 dollars, so this could give price action stronger bearish momentum.
XAUUSDXAUUSD top of trendline you can sell in here 1999 and take your profit bottom of trendline 1992
XAUUSD 26/04/2023Details on chart - looking to see more buys continued on Gold after continuous poor US data
XAUUSD 24/04/2023Details on chart - looking to see how price reacts at KL's before playing the relevant sells/buys
XAUUSD 21/04/2023Details on chart - looking to see more sells to continue down to previous newly created LL on the intraday TF
XAUUSD 20/04/2023Details on chart - looking to see how price reacts at 1997 to take buys to retest previous HL, however, if Dollar strength creeps backs in then sells would be valid below 1988.500
SELL TRADE SETUP ON XAUUSDHey Traders,
Gold fell from HKEX:2 ,490 mark on Friday amid FOMC data release.
I am expecting a much further sell-off from there and then wait for what the market got to do afterwards.
However, break of the bullish flag pattern should be waited on and then entry can be look for on 15Min timeframe for the retest.
Watchout Out.
XAUUSD 19/04/2023Details on chart - looking to see USD continue down as KL has been broken ahead of high UK inflation data
XAUUSD 17/04/2023Details on chart - looking to take buys to retest some previous highs before continuing back down
Xauusd Seems Like Preparing For correction & Formed Rising Wedge In h4 timeframe Incase of breakout expecting move towards 1920$
