XAUUSD BUY PROJECTION AFTER CONSOLIDATION 02.04.23Reason Behind Bullish
Technicals
1. Bullish Engulfing Candle Stick Pattern Confirm Further upward Movement
2. Triangle Ascending Pattern tends to breakout @ 2000
3. Levels S1 1950 S2 1920 R1 2000 R2 2074
Fundamendal
Dxy While retest 104 the XAUUSD reach 1945
After rejection of 104 further Move towards 101 which helps to reach Target
Overall Possible Outcomes
XAUUSD BUY@ 1945-1950
SL 1920
TP 2074
Break Zone - 2000
Xauusd4h
XAUUSD BUY TREND CONTINUATION 09.04.23Reason Behind Trend Continuation
1. Breaked out the Ascending triangel Pattern @ 1950 and Retesting 1980 Before Making Higher High
2. Bullish Dogo Confirm the Bullish Movement
3. Fundamentally DXY stronger and Make Lower as Low Volume In market
4. Retest the demand Zone and Further Bullish Move
Overall Possible Outcomes
XAUUSD BUY @ 1980-1990
SL 1949
TP 2074
XAUUSD Gold Next MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
Completed " 1234 " Impulsive Wave
Symmetrical Triangle with " ABC " Corrective Waves acting as an Corrective Pattern in Short Time Frame
Divergence
Impulse Correction Impulse
#XAUUSD= SELL 700 PIPS SETUP!!!Dear Traders, apologies for the last setup which failed as we had news on US JOB MONTHLY report came out to be negative. Right now price is accumulating to continue until 2040-2050 that is our key area where we expect prices to drop significantly to filled up the liquidity voided area.
We also have NFP this week Friday which is be effective.
XAUUSD- UPDATED CHART!Mar 22
Dear Traders, hope you are doing great, following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
Good Luck and Happy Trading!!
#XAUUSD- Last Setup Dropped 500+ pips!!Dear Traders, hope you are doing great, our last trade idea dropped 500+ pips price is forming reversal wave pattern indicating a strong bearish outlook ahead. The recent economic event indicates a large sell orders had have been entered from big firm like JPMorgan, which will also be a key data to look out for.
So let's catch up:
-Keep noticing on price momentum and behaviour.
-Keep an extra eye on DXY.
-a PLUS EDGE would be to have AUD strength analysed
Previous key economic event:
Following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
Good Luck and Happy Trading!!
Trend analysis Gold market - H4
Trend analysis of the gold market is giving a potential idea for trading when focusing on ForEx 4H swing trading based on the historical floors and ceilings which all have been identified.
When the price of gold approaches some of these levels , use technical indicators such as RSI "preffered the 4rd" to help confirm potential reversal points.
Incorporated fundamental analysis of gold supply and demand factors do help inform these times for trades.
Ceilling covered calls or buying protective for options , may help manage risk and potentially enhance returns. "Sell a covered call option at a higher strike price if believed the market will not rise above a certain level. Alternatively, buy a protective put option to hedge against potential downside risk.
If focused on swing trading in ForEx , around these historical levels , advantage of the construction power of previous quarters and potential market elevations in the gold market value is a home game winning.
* Remember to always conduct your own research and use proper risk management techniques when trading.
Keeping in sight the 4H for the Gold market in the recent year, it has experienced significant price movements, mantaining it the/a attractive asset for traders and investors.
These are the historical levels (Gold value) that provide insights for potential trading opportunities ;
2070.00" / 2002.00
1917.00 / 1875.00
1809.00
Marked as blue colored horizontal lines , these levels identify the particular value and are backed up by the previos year(s) movement(s) suplly ceilings and demand floors. Looking back coming to this quarter it is only right that the work done , must be at first look forward to and be inspected (again (1stQ high ¹st anual high ?), decide acceptance or grant correcttions.
• " 2002.00 Gold value. The latest high, gave a pretty strong look ahead but corrected as an taking measurements for the next floor. At which it could be a potential starting point for trading the coming quarter(s) , in wich it just might hold stong momentum , constructing a pretty base for "The 2K Gold pice. "
• " The 1917.00 Gold value. The first last floor (low) of the next step in the making , looking back at the beginning of this year , the market price was inspected and accepted as a propper floor to start construction of the next step , 2002. "
• " 1875.00 Gave the ceiling of the previous floor , seeming not stronged enough to mantain presure from above , that is why the
• 1807.00 is the market pice for Gold that is the wel constructed latest floor the market was trading on. Urged is at hand now for the 1800 price the task to stand tall and brave. In the same momentum the 1900 Gold market price should continiou to show its streghnt , willingnes and adoptation for the new the standard , 2K and up. "
As this analysis of the gold market, there are potential trading opportunities using swing trading and short period strategies. However, it is important to conduct thorough research and use proper risk management techniques when trading. As always, past performance is not indicative of future results. Aware of the risks associated with trading , and awerness of the risks associated with trading in the gold market is the note number 1.
Remember to always conduct your own research and use proper risk management techniques when trading. Good luck!
#XAUUSD-UPDATED CHAT 180+ PIPS Dear Traders, hope you are doing great, our last trade idea dropped 500+ pips price is forming reversal wave pattern indicating a strong bearish outlook ahead. The recent economic event indicates a large sell orders had have been entered from big firm like JPMorgan, which will also be a key data to look out for.
In our previous setup we had indicated a zone by marking selling pattern that it will drop from that point and price just did that.
So let's catch up:
-Keep noticing on price momentum and behaviour.
-Keep an extra eye on DXY .
-a PLUS EDGE would be to have AUD strength analysed
Previous key economic event:
-Following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
#XAUUSD-AN HIGHLY PROBABLE SELL ENTRY!!GOLD price declined as the ongoing banking crisis turmoil somewhat eased and indicies and other stocks started recovering the fall that they faced in last week. The recent data also indicates a weak DXY though what we are seeing here is, we expect price to drop and create a stable market structure to attract new investors. Upcoming weeks will be crucial due to one major reason if the data predicts higher inflation rate, then GOLD will be volatile and in that case more investors will eyeing.
GOOD LUCK AND TRADE SAFE
XAUUSD BULLISH CONTINUATION 26.03.23Reason for Bullish
Technical
1. Retest Support of 1960 and Make Futher Bullish Movement
2. Expecting Breakup in Ascending Triagle Pattern which Push Higher to 2074
Fundamendal
Dxy Clear Downtrend Continuation
Retesting 103 and Make Lower Which Moves towards Our pattern
Overall Possibel Outcomes
XAUUSD BUY @ 1960
SL 1930
TP 1 2000
TP 2 2074
#XAUUSD- MASSSIVE SELLING OPPORTUNITY 900+ PIPSDear Traders, hope you are doing great, following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
Good Luck and Happy Trading!!
XAUUSD-BUYERS GET READY FOR 1300+ PIPS!Dear Traders, in our previous trading setup, we had advised to sell at 4h ob and it exactly rejected as it was described. Our selling target has been hit and now we will be focusing on buying opportunity. In our bias we think price will continue the bullish trend and make higher high in next couple of months.
so what you all think about #XAUUSD future!!!
LIKE AND FOLLOW FOR MORE!
XAUUSD-Possible Selling OpportunityDear Traders, hope you all are doing great, we have an great opportunity to sell XAUUSD where price is expected to filled up the liquidity voided area and 40% price action equilibrium. Further after today's fed news indicate a strong bullish dollar for the rest of the month. Which will gives an excellent opportunity to buy Gold at the discounted rate.
Who else agree?
Comment Down your views!!
#XAUUSD-A great area to go long!!! Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY ; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
Good LUCK happy trading!!
XAUUSD- SELL Dear Traders, hope you are all good, XAUUSD we had big impulse on this one due to ongoing banking crisis going on in the USA related to the SVB. Due to these fundamental reasons price showed an extreme bullish momentum. Right now we are looking at price to fill up the market structure and then we will se what will our next move be.
thank you and trade safe
Short XAUUSD!!!Gold has done well due last week, but due to technical considerations as mentioned below, it is good time to short gold with best risk/reward.
1. There is an obvious divergence between RSI and price chart.
2. There is a bermuda triangle in the ichimoku indicator that absorbs the price toward itself.
Then short gold from 1867_1870 with target of 1853, 1848, 1835.