Xauusd4h
Gold its not in a bullish flag!Gold changed trend since it topped in August, every weekly candle upside we have makes a lower top than previous ones, this is perfect example of change of a trend, meanwhile every upside move is rejected with bigger downside
DXY also still making a lower high since 2018, we will have a last upside move from dxy before it truly dies, target 110-120 , which will make gold fall to 1200 usd lower
Also retail traders keep buying every dip on gold, just a matter of time before a bigger drop now
Sell every spike up with low lots, hold till target 1200, you wont regret :)
XAUUSD Long IdeaXAUUSD Long Idea
Key Level
Global Uptrend due to Stimulus Deal
Local Correction from Low
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P.S. I personally will open entry if the price will show it according to our strategy.
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XAUUSD 25/11/20 IDEAIMO if during LDN gold breaks 1800, could go as low as 1770ish if it doesn't and breaks out back above 1813-1816 i reckon it will then begin the uptrend but may not have enough power to plough through all the resistance levels still has potential though, ill be keeping an eye on 1826, 1845, and 1880 and if it manages all those 1900s en route...
Drop your thoughts and any advice you may have!!!
XAU/USD OR GOLD. Looking for long Setup trade.Hi, My view on xau or gold look like this.
Disclaimer:- This setup is for educational or reference purpose. Don't take it as a signal it might be a loss also.
If you want to go with my setup please first have confirmation then go for actual execution.
Thank you for viewing and considering my setup.
Gold - AnalysisGold in triangle once more
Resistance Levels: 1932.86, 1936.31, 1912.32, 1918.52, 1950
Support Levels: 1862.11, 1886.89, 1849.96, 1832.30
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XAUUSD Gold | SWING - 16 Oct. 2020Hello my friend | Welcome Back.
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It may head towards the downside, and if the pattern is broken, it may be positive to descend more according to the scenario that you set.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.