Gold Break to ShortHello Traders As We can See Xauusd Gold Break Of Structure After 4 Months Level of 1940
now The next level is Also 1913/1900 in Daily , But Selling Pressure is too high in Bearish sidewe can expect Little bit Buy , buy overall trend is Bearish
in my view Gold Will fall to 1850 beacuse Daily & Weekly support level is same as i mention in chart......
if this post is usefull to you , plz like and comment for support
Xauusddaily
XAU/USD PRICE ACTION WHAT DO I SEE...? OHHHH PRICE ACTION WHAT DO I SEE...?
We are in a NO TRADE ZONE: waiting until after the range.
-Watching the 4hr for a closure below the range. @ 1958.01
-or closure above the range @ 1958.04
Month Closed=Bearish
Weekly Closed=Bullish
Daily Closed= Bullish
4Hr=Bullish
Entry Idea= NFA=(not financial advice)
Sell @ London -
Entry= 1956.46
Tp1 (50%) 1952.92
Tp2 (Close All) 1945.77
If the closure goes to an fakeout then my Buy Move is this... Happy Trading You Snipers!
Entry
TP1 50% -1966.11
TP2 - 1969.51
Learn to Manage Risk
Have Patience and Take your time trading! No rush. Remember if it's not your trade, It's not your trade don't take it. This is What I Plan to trade and if it comes it comes if it doesn't I will walk away happy knowing that I did what I was supposed to as a trader and that to sit on my hands until I see MY TRADE SETUP!
@ChiquitaShantay
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to the previous XAUUSS, downside wave, GOLD went down very fast. Due to the positive sentiment of the dollar, the US10Y increased. Then It became Gold SELL. Some fed comments and nfp data were very helpful.
But the next day all those LABOR DATA and INFLATION DATA INDICATORS were positive, so GOLD was slightly SOLD. It's definitely the most important indicator for the FED. Market RISK is currently off. This week CPI DATA became quite positive.
Anyway, we expect GOLD to be down to level 1936. Before that GOLD 2072 level can be up with FOMC UPDATE. Pay attention
Will gold rise?Intraday trading has made 3 consecutive profits!Gold rebounded from its lowest in 1974 yesterday, and its highest has rebounded to near 2001. Is the gold market about to reverse and return to the upward trend?
I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the flag-shaped channel line, gold is still in a weak position.According to the structure of gold, only when gold is effectively standing above the 2010-2015 resistance area can gold be judged from weak to strong.
At present, gold has fallen below 1990 many times in the short term, which also proves that gold has still not reversed its decline, so there is still room for gold to pull back.It is precisely because of this that the gold we sold around 1998-2000 three times in a row during the day has achieved very good returns, which has added a touch of color to our income today.
In the short term, the top of gold first pays attention to the resistance near 2000, and further pays attention to the resistance near 2008-2010; the bottom pays attention to the support of 1985, and further pays attention to the support of 1976.
XAUUSD: Buyer's long-term strategy!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
The world's reserve currency has been misused by American politicians, bureaucrats, and central bankers who have failed to manage their finances responsibly. Instead, they have recklessly increased their debt to other countries, which has led to a growing concern among international central banks. They fear that the debt will not be repaid in a fair currency but instead in rapidly declining Federal Reserve notes. This realization has prompted an unprecedented increase in sovereign gold purchases by foreign central banks, who are aware of the risks involved. It is crucial that individual investors also recognize the situation before it is too late to protect themselves from a potential currency crisis.
Note: Full TP, SL for winning the market and safe trading!
Gold Breakdown Analysis 12/04/2023Dear traders gold respected last setup and we should be careful for tomorrow we have cpi and fed so don’t risk to much i expect gold if he breaks above 2006 you should look for buy wait for price action and if he reject zone 2015 and price close below you should look for sell. Trade safe and see you soon
Good luck
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway, we expect that GOLD will go UP to 2070 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
Gold breakdown Analysis 06/04/2023Dear traders gold was in consolidation all day and I expect gold if he breaks below 2018 and closed price may continue to pushing Dow target 1 : 2010.105 and target 2 will be 1999.031 and if he breaks above 2023 and price close bulish it may keep pushing up target 1 will be 2031.97 and target 2 will be 2049.81 wait always for price action trade safe
Good luck
XAUUSD: Bullish Pennant!In early Asia, the gold price XAUUSD is under significant strain due to the increase in pressure to use US inflation, following OPEC+'s surprising announcement of production cuts at the end of the week. The valuable metal has fallen below $1960.00 as there is hope that the Federal Reserve (Fed) will maintain higher interest rates for a longer period. With the expectation of a boost in the US growth rate, higher oil prices resulting from conflicting output cuts will make it impossible for the Fed to maintain a stable monetary policy in May.
The US Dollar Index (DXY) exceeded 102.70 due to the anticipation that the Federal Reserve (Fed) will continue to increase interest rates by 25 basis points (bps) to reach 5.00-5.25%. As a result, S&P500 futures contracts experienced a significant decline during early Asia, indicating a need for caution regarding the general appetite for risk. No information has been left out in this paraphrased text.
The Relative Strength Index (RSI) (14) has entered a descending range between 20.00-40.00, indicating that Gold must experience a decline in order to maintain its upward momentum. No information has been left out in this paraphrased text.
views in dcb for XAUUSDOANDA:XAUUSD reached to its significant resistance zone and tried to make a double top formation. primarily it will correct till 1896-1870.
Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation.
--SEBI unregistered independent trader/analyst.
XAUUSD (GOLD) Daily: 13/03/2023: Bear or...?
As you can see, from my perspective, since there is an important supply zone in front of the gold price, gold can have a bearish move.
Please pay attention to the strong upward move; we need a lower time frame confirmation for selling.
we can define two different areas as selling areas:
1- 1925- 1930
2- 1951- 1960
Targets:
1911
1891
1860
1844
1816
1798
💥Important note: It is not investment advice, so do your own research.💥
💡Wait for the update!
🗓️13/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
GOLD POSSIBLE MOVEHello traders, GOLD is creating a shape for the upside move, i am expecting from price to come around our mentioned 0.5 to 0.618 fib levels and then looking price action for a long position opportunity with the strategy, if strategy allow me to trade it.
This is just analysis trade with your own according strategy.
GOOD LUCK & GOOD TRADING
XAUUSD Gold 13 March - 17 March MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and Corrective Wave " AB "
Divergence
Breakout the Demand Zone and Retested
CHOCH
Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout the UTL and Retracement
Break of Structure