Xausud
XAUUSD 1/5/23 Outlook. Pullback? Good evening gold gang!! hope you have all had a nice weekend. Im back with the analysis for the first day of May! (justin timberlake meme)
Ok price is still in the range higging the 1993 level .. this level has been respected so many times last month and is proving to be of huge importance to the powers that be. However, the monthly has closed above the previous!! which is very interesting to me
This means that price is likely to move up but in order for it to do that, we will need some kind of pull back.
As usual im ready for whatever scenario, so we have buys and sells on the chart. The buys above would be nice but the range above the target is very tasty with no problems.
FOMC news on friday, its possible we may range again this week awaiting it .. but then we may see big moves in price and this could be the catalyst needed to move up. Lets find out!
If you like my work then please drop a like and follow .. i appreciate ya
tommy
XAUUSD 28/4/23 Outlook. Back into the range. Good evening gold gang! Another great day on the charts as we got the sells right at NYSE open. Beauty.
/im going to be brief with this one as we are back in the range now .. hugging that 1993 yet again. I feel there is going to be some kind of big announcement coming that will blast gold out of this range .. might get it tomorrow
Buys and sells are set at the extremes of the range with targets too.
I’m running out of battery so i gotta be quick hah .. thanks again for all the likes and follows today .. means a lot. This really has become a passion of mine since Xmas .. helping guys get their head around the yellow metal.
Please like and follow along for more gold updates
TommyXAU
XAUUSD GOLD fails to break Trendline Below
Can go up to Buy side Liquidity at level of 2022.31
2008 IMPORTANT level to Watch for both Trends
XAUUSD (Gold) forecast Firstly, have a look our previous analysis how those rocked.....
Gold is trading below 1990 and it seems to be bullish as it on trendline according to major timeframes h1,h2,h4. Finnacial crisis as well geopolitical issues are favorable for bullish trend of Gold.
lets talk about technicals, Price trading on bullish trendline so bullish trend expected.
on the other hand rising wedge pattern, that means price may drop once channel is broken.
So we may expect selling trend. In our premium broadcast we are already in sell for 3-4 positions from highs 2000$ as it was told that selling will continue.
Now to enter market in this situation, you have to put pending orders.
lets see how market reacts.
best wishes.
please follow and like & don't forget to check previous analysis all analysis hit our tps
XAUUSD | Market outlookThe XAU/USD pair shows a corrective decline, retreating from the record highs of March 2022, updated the day before. The instrument is testing 2010.00 for a breakdown, waiting for new drivers to appear on the market. Investors are in no hurry to open new positions in anticipation of tomorrow's publication of the March report on the US labor market, which may significantly affect the future monetary policy of the US Federal Reserve. Current forecasts for the May meeting of the regulator are ambiguous and almost equally imply both keeping the interest rate unchanged and its further increase by 25 basis points. One way or another, the pressure on the American currency is increasing this week with the publication of uncertain macroeconomic statistics. The day before, a weak report was released from Automatic Data Processing (ADP) on Nonfarm Payrolls, which reflected a drop in the indicator from 261.0 thousand to 145.0 thousand, with a forecast of 200.0 thousand. The Services PMI from the Institute of Supply Management (ISM) was also disappointing, falling in March from 55.1 points to 51.2 points, which turned out to be noticeably worse than expected at 54.5 points. The instrument, in turn, is supported by the declining yield of US bonds observed since the end of March: 10-year Treasuries are trading at a rate of 3.2940% after opening at 3.3480% at the last session.
Xauusd GoldDue to the weakness of liquidity and the worldwide economy, we see that the Gold have no any power for any more increases, as we believe once that Fed. Bank start increases % again the cold will start targeting new low prices.
This Analysis will be canceled if the Gold cross over the 1977.7
Gold Breakdown analysis 04/03/2023Dear traders gold was up trend and it still in cosolidation after breaking below 1974 it may retest this area so I expect gold if he reject 1966 and still above this zone it will be chance to look for buy and if he reject resistance at area 1979 and close below it will be change to sell target will be long trade safe
Good luck
Xauusd My last idea on gold was a solid 100 pips for anyone who saw. I saw a reversal of around the same 100 pips give or take. Lets see where this goes.
XAUUSD Asian session outlook Good evening gold gang!! hope you are well.
After another day of smashing the targets .. heres what i can see for the asian session.
Price is heavily bearish on all timeframes other than monthly .. so i can say that sells are preferred. This doesnt rule out buys .. we just have to be careful not to take them too close .. we need confirmation of bullish intention first.
Price right now is at a strong daily level .. breaking this would mean a move down to the next level and even possibly to the 1915 area.
Big news tomorrow with fomc .. so its possible to see price consolidating during the day tomorrow waiting for the news in the evening (gmt)
Ill be here to update you on my findings as i find them .. as always
Have a good session asian gang!
tommyXAU
XAUUSD wen pullback?!?Good evening gold gang!
Huge drops today on gold! i caught the initial move from london which ran to my target perfectly! (hope you guys got it too)
After such a massive move im expecting a pull back. I have my area marked up for the pull back on my chart after a support has formed on the lower time frames.
No pull back should see price drop down to the next level which is my red line .. thats a 40 pip drop so its a nice range to catch if you trade the asian session.
Catch you tomorrow morning for london! please leave a like and follow along.
tommy
XAUUSD UpdateTime an update regarding XAUUSD.
My position I had "unfortunately" closed.
Profits were realized and that is the most important.
New entry opportunities will arise.
I still stand by my thesis that we will see in the near future first falling gold prices.
Much to learn I have.
GOLD: Bearish Flag Pattern - Reversal Lower TimeframeBearish Flag on Gold in Lower Timeframe
The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower.
XAUUSD current 30m candle to be a green oneThe current 30 mins candle (UTC 21:30 to 22:00) has a higher probability of being a green candle than a red candle.
GOLD COMPLETE JOURNEY 80% CONFIRM#GOLD I BELIEVE THE CHART SAYS EVERYTHING, BUT JUST TO BE MORE CLEAR, GOLD HAS BEEN UP & DOWN BETWEEN 2K * 1.6K FOR A LONG TIME NOW, IT HAS GIVEN SELL DIVERGENCE BASED ON BUNCH OF OSCILLATOR INDICATORS AS WELL AS ITS BEEN ON OVERBOUGHT LEVEL FOR A LONG TIME, BUT I BELIEVE AS YOU CAN SEE ON THE CHART THERE IS MORE TO BULLISH MOVEMENT AS IT MIGHT CREATE TRIPLE TOP PATTERN AND THEN REVERSE OBVIOUSLY SO WE WILL BE TAKING LONG TRENDS UNTIL 2K. THEN WAIT FOR BEARISH MOMENTUM CONFIRMATION BEFORE WE START SHORTING THE PAIR,,, + Dont Forget To Match With Your Strategy.
Like + Comments Will Be A Big Support.
Disclaimer:
Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
XAUUSD testing 4h support again. Likely to break.XAUUSD is touching 4h timeframe support here. However, this support has been tested several times. The vulnerability of this support is quite high.
XAUUSD free signal We recommend you to buy GOLD at this levels as you can see we have a good setup + pullback on 4H timeframe
XAUUSD M30: Bullish outlook seen, limited upside above 1909.50On the M30 time frame, prices are approaching the support zone at 1909.50, in line with the 61.8% Fibonacci retracement and extension levels, where a throwback to this zone could present an opportunity to play the bounce. Prices are holding above the Ichimoku cloud, supporting the bullish bias.
GOLD WITH 680 PIPS REWARDGold has been on clear uptrend since double bottom chart formation was formed on 2nd November 2022,
The recent price stalling was a brief pull back after the massive impulsive weave which paved way for another impulse wave that might reward traders with over 680 pips bring the price to $1980 per OUNCE according to DANCOLNATION TRADING STRATEGY
Short GoldFXOPEN:XAUUSD
Entry 1845.1
Take profit1839.72
Stop loss 1850.12
RR: 1:1
Correction of the initial impulsive move
GOING SHORT IN GOLD USD BY TRADING STRATEGYBearish Indications (BIASED SHORT)
1. Rejected or retest from a resistance level
2. Formation of Bearish Diamond Pattern
3. Trend Line Broken
4. Bearish Divergence
5. Entry at Bearish Candle
Neutral Indication
1. Price still in the range/consolidation phase
Bullish Indications
1. By Breaking the resistance level and making a new HL then the trend will be bullish
XAUUSD, long position, H4 channelThe price is moving in the designated channel (red lines).
I expect a bounce to the upper limit of the channel. Beware of false breakout.
TP around 1810.
GG
P.S.
This is not financial advice of course, just my idea.
