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XAUUSD | COULD THIS SQUEEZE LEAD TO ANOTHER BEAR MOVEMENTHey Traders, XAUUSD (gold) seems to be in a consolidation between 1810 - 1795 price level, if it manages to break through the recent support we will see a push exhaustion push scenario and likely going to fall down to test monthly moving averages. I've been in this trade for a while and have had good scalping opportunities while its consolidation like this, maybe try using a smaller timeframe with 9 moving average when it bounces off the top off consolidation for a good short trade. Please also remember, GOLD is usually a BUY trade its always better to buy rather than sell, however, it does have its bear runs and I believe the bear run has not yet finished. :)
FX:XAUUSDShort
by FX-TradingLions
GOLD (XAUUSD) | Two great points to enter the downtrend🎯Hello traders, Gold has a resistance level of 1795 in the 1 hour time frame, which if it crosses that area, it will go to the next level (a is equal to c, at the price of 1800, which I specified in the next analysis). And if it crosses that area, it leaves the channel and the analysis becomes invalid. Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments✍🏻 ❤️Please, support this idea with a like and comment!❤️
OANDA:XAUUSDShort
by mahdisoltaninjad
Gold testing a crucial 0618 🦐Gold on the daily chart reached the weekly support as expected from our previous analysis. The price closes the week around the 0.618 Fibonacci retracement level near the ascending weekly trendline. We can expect at the beginning of next week some retracements to the upside around the 1810 area. The commodity will be on our radar to check a new opportunity at the inversion according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
OANDA:XAUUSD
by InkyGrip
16
GOLD > Trend Prediction and Sell Entry!!Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated Analysis on #XAUUSD the market now is at a short-term support level, we could actually see a relief rally from here but it will get rejected, may at 1790-1800, the next level of resistance is 1810, do I want to buy? NO. I have been consistently posting about gold and in every post, I caution about buying the market, I will leave the links to my previous post which you can read all about it. am sure you have heard about the say, "the trend is your friend", the trend FOR ME is to the downside fundamentally and technically. now we are below the 200MA, broken many important levels, and looking for more downside possible. The best place for me to sell will be 1810, previous support level now turned to a resistance level, but we may not go there, so I will also consider 1790-1800 for a sell if provided a valid reason to enter a sell trade. Check today analysis below⠀ >>“There is no single market secret to discover, no single correct way to trade the markets.” ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
OANDA:XAUUSD
by TheTradersAvenue
11