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Xausdlong

Gold Trading Plan : Sell XAUUSD Initially, then Buy the DipHello friends, I suppose you can see this simple Bullish Flag pattern in the Gold chart. So, trading this pattern is quite simple. Ideally, the price should break out from the Flag and rally strongly almost equal to the length of the Flag Pole. However, I believe XAUUSD is facing some resistance at the Upper Trend Line(TL) of the Bullish Flag. So, there's a possibility of a drop to the Lower TL of the flag at 1565. So, we might be able to make some money by Selling at 1618 area with TP at 1570. This is not a guarantee of course. Gold may simply break the Flag and rally towards 1700. Price breaking out of the flag strongly will be a clear Buy Signal. On the other hand, if Gold drops towards 1565-1574 first and the lower TL provides support, we can buy there will TP at 1620 and also 1700 provided price breaks out of the Flag. Both the scenarios have been indicated clearly with the help of arrows in the Chart.
FX:XAUUSD
by TraderAvDM
14
XAUUSD May continue to grow, Sellers be careful.Gold's rally has been remarkable so far and current price action indicates that the rally is probably not done yet. So, XAUUSD may continue to rise to all-time highs in the next few weeks over global economic concerns. At this point, there could be a pullback and consolidation though which should be considered a correction and not as a trend reversal. So sellers must be careful about selling. Fresh buyers, on the other hand, must wait for a pullback to happen before buying.
FX:XAUUSD
by YourLazyTrader
34
Gold: Bouncing on SupportPotential bullish bounce pattern for Gold. The buy zone is set where the two resistances cross ($1551). Target levels are: $1559 $1562 Stop: $1548.7 Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. I am not a financial advisor.
OANDA:XAUUSDLong
by Investing_Fellow
Huge opportunity for buying gold!!My very first analyse has been on gold on my profile, you gys can check that one out if you want to fully understand this one. On my first gold analyse I came to the conclusion that gold would rise to the 1521-1528 resistance zone and then drop to 1450-1440. I see a lot of promosing things happening next week, if the market rises to that zone and can't break it than my first analyse will still stand and will be valid so then you guys can short, but lets say that the market doesn't respect that zone and breaks it, well then boy o boy will gold rise like a maniac. So if gold rises above 1530 than you can long and get some huge profits. Have a safe trade guys :)!
OANDA:XAUUSDLong
by Garbatsha
1
GOLD - King of the ThievesThe triangle plays out as expected. This time I didn't play the short side, because it's getting too dangerous for any short. You have to be very nimble and fast to jump out at the right time from a short position in a spiky bull market like this one. I'm also afraid this might be a tricky breakout without the tag of the lower trendline, so I will play this on the long side only. The 50 EMA and 50 SMA played an important role in the triangle, so I will use this as an entry for another long position. RSI is oversold on the hourly and turning up. Don't forget we are trading with bankster manipulators. In this case you have to act like a thief and expect the unexpected.
OANDA:XAUUSDLong
by chartwatchers
35
Everything will Change In The Blink Of An EyeGold price presses negatively on the minor support that appears on the chart, which hints the price head to decline in the upcoming sessions, targeting testing 1208.40 level mainly. Our suggestion-Your core part of the portfolio should be invested in our long-term(1-2 months) signals that's where you can expect to make Big profits. Should you require any more information don't hesitate to contact us. Many regards, (Our profit in long term trades in gold and silver will soon be enormous)
FX:XAUUSDShort
by GoldSilverAnalyst
2
Europeand Session Yellow Metal Bullish Flag ?XAUUSD Technical Overview: Day Trading Range: $1186 - $1208 Pivot: 1195.00 Key Resistance: $1204.45 - $1212.00 - $1218.85 Key Support: $1195.45 - $1188.45 - $1182.00 Technical Trading Idea: Most Likely Scenario: long positions above 1195.00 with targets at 1201.00 & 1204.00 in extension. Alternative scenario: below 1195.00 look for further downside with 1193.00 & 1189.50 as targets. Technical Indicator: MACD: MacD advocates for further upside. Moving Avg: SMA100 ($1194.63) strong support $ SMA200 ($1205.79) strong resistance for the day. Fundamentals: Gold markets rally during the trading session on Wednesday as it was reported that the UK and Germany were possibly coming together a bit on the Brexit negotiations, and this of course in the EUR/USD pair in the GBP/USD pair higher. In other words, drove down the value of the US dollar which of course is good for gold overall. With that being the case, the market looks very likely to test the $1205 level. If we can get above that level, it could free the market to go to the $1210 level next. In the meantime though, I would expect a lot of volatility, and just as much selling pressure as buying, as the markets are very erratic in general. I would trade this market in five dollar ranges, going back and forth to keep your P&L safe. If we do break down below the $1200 level, I think somewhere near the 1196 level there should be some buying support. Today’s market hours will see release of ISM Non-Manufacturing PMI, Crude Oil Inventory and ADP Non-Farm employment change data and a hawkish outcome in same could help USD gain upper hand against the shared currency. Thanks YoCryptoManic
FX_IDC:XAUUSDLong
by yoCryptoManic
Gold Reversal - Medium Term Bullish OutlookEntry and Exit Strategy are highlighted at the end of my analysis. The following analysis points out that a bullish reversal in gold is likely. My analysis a couple of weeks highlighted that a reversal was imminent, however, my analysis was slightly too early. As such, I have re-evaluated my position and analysed fundamentals in the market to better gauge what will move markets this month. The US dollar index, DXY, is poised for a bearish reversal. On a weekly chart, it is showing the first bearish candle in a while. Currently, there is little evidence to suggest a continuation in the bullish trend for the USD. The Turkish Lira is in a free fall one minute and reaching for the sky the next minute. Subsequently, Turkish equities, debt markets, basically any securities tied to Turkey have the same status as shitcoins following the BTCUSD collapse. This is particularly buoyed by perhaps the two most stubborn and misguided administrations in politics and economics currently: Trump and Turkish Government. There is also so much other fundamental analysis that can be discussed but I will save it for now and highlight it another time. So, on to the technical analysis... On the chart, as you can see, is one of my favourite reversal chart patterns - the bump and run. This is particularly strong as the trend is always bound by the lower support line, for a continued period of time. In this case, the down trend began in the second week of May (over 3 months ago) and the bearish bump only lasted a week or two at most. These are common signs of the bump and run chart pattern. The bears in this case, had their final push lower before conceding. This is particularly enforced by the extended hammer candlestick followed by an immediate bullish engulfing and continued bullish candlestick. My previous analysis highlighted that was significant divergence on RSI, Momentum and MACD. Although it continued lower and corrupted all my analysis, it is still a really strong sign of market indeterminacy and conviction. This was also supported by the lower volume levels, the strongest indicator showcasing reversals or continuations. To strengthen my analysis and confidence in this reversal, I have illustrated two contingent measures to increase the likelihood of a reversal confirmation. The first being, there must be a close above the the existing black trend line. A full close above it, there candle should be fully above the trend line. This would be around the 1187/88 mark. The other measure, is that XAUUSD must close above the conversion line (blue line) on the Inchimoku overlay. Again it must be a full close above no body or low of the candle should touch the conversion line, when these two conditions are met, there is a high likelihood of a bullish reversal or at the very least a 20-40 point re-tracement. As such, I have illustrated an entry and exit strategy given all the available information. Outlook: Bullish Time Frame : 3 weeks - 3 months Entry Price: $1190 -1195 (contingent upon conversion line and trend line cross over) Take Profit: $1299 Stop Loss: $1160 As always, this my analysis, please comment and follow my posts, I always read your comments (and criticisms) and try to incorporate your thoughts into my analysis for future posts. If you would like any specific markets to be researched or analysed, write a message and I will get back to you.
FX:XAUUSDLong
by Dubsta000
5
Gold longterm prediction (xauusd)Hello Traders! Glad to present Tengri Traders vision concerning Gold market. There are minimum 4 variants of priceaction on 2018y. Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. Join us! «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
FOREXCOM:XAUUSDLong
by POWERFUL_TRADERS
Gold - Patience (Short-MidTerm)Short Term We could have a bounce to test the trendline around 1245-50 area in the next 2-3 days and then we can head towards the DCL around 1200-1180 area which is the 61.80% retracement from the December lows. This also means we could form a H&S pattern which once broken it could fall further around 3.5%, the same extension from the neckline to the the 27h February top. This also agrees with the March seasonality weakness. Mid Term Based on ElliottWaves we could place in the DCL this month and start climbing to the 1280-1300 area in 12345, challenge the Trump Elections top and bottomed again on summer in the correction wave. This could be the DCL to impulse us to the moon as many people like to say. Will see, still far away from now, many things still needs to play out. Even if the odds for a rate hike are around 79.7% based on Investing tool, I´m not on this camp, I think the strong probability might be on June but obviously it will be quicksand the next months. Also we´ve got NFP report this Friday which could move markets either direction. All Support/Resistances on the chart are Weekly. The blue vertical lines are the US rate hike decisions. Trade Safe and make money both sides of the waves
FX_IDC:XAUUSDLong
by RogerS
1