Xauusd/dxy
XAUUSD BULLSBuyers are currently in control of the market as the dollar and the yieds drop.this has pushed the safe haven demand as we've seen that the gold market keeps climbing.
This is my perspective on the market I will be looking for buys Strictly unless price could break below my support (marked red)
Trust your own analysis.make a plan and trade your plan..this is mine 📌
GOLD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance and then to reject from 1990.
Fundamental analysis: Next week we have news on USD, on Wednesday will be released CPI and on Thursday PPI, these 2 are very important news, so we have to pay attention to the results.
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XAUUSD The beginnings of an uptrendXAUUSD The beginnings of an uptrend
The price has been in an ascending channel since last week. in the next 2 days there will be a minimal retracement to the support level, followed by continued growth to the level of 1800.
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#XAUUSD#XAUUSD
General Sentiment== #DXY has gone back to retest a structure resistance level it broke out of from. In my earlier analysis, I project a longer term growth on US Dollar Index and I see it growing to above recent high around $105.0.
Technical Idea== My idea on the precious metal retest level was respected accurately, a break of $1,830 price range which is my short term target will signal more bearish move because that would definitely make price break out of the rising trendline which is serving as a support, that could take price to my long term target around $1,785.
Gold can rise againIn the previous analysis, we saw that according to our predictions, gold was able to hit the target of 1763, and then the strong support in the daily candle was rejected.
We expect gold after the pull back again from 1825-1830 resistance area of support to the price move.
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XAU/USD Daily Market Report - 10/02/2016XAU/USD
Market retreated again from 1200-10 resistance zone which giving signals about ability for trading zone between 1150 - 1210
Market closing to Janet Yellen 2-days testimony while market supports 1180
Below 1180 market will face 1170 and 1150 as support levels, while resistance at 1200 and 1210
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