Xauusdforecast
XAUUSD I Scalp long opportunity from Welcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Spot (XAU/USD) AnalysisThe chart provided is of Gold Spot (XAU/USD) against the US Dollar, in a 4-hour timeframe. Here’s a detailed analysis and summary:
1. Trend Analysis:
- The overall trend from early March to mid-May was upward, with gold prices rising steadily.
- Recently, there has been significant volatility, with noticeable peaks and troughs indicating a correction or consolidation phase after the upward trend.
2. Support and Resistance Levels:
- Resistance: The recent high is around 2387.313.
- Support: Multiple levels including:
- 2304.029 (61.8% Fibonacci retracement level).
- 2281.389 (78.6% Fibonacci retracement level).
- 2252.548 (Key horizontal support level).
3. Fibonacci Retracement Levels:
- The chart shows Fibonacci retracement levels calculated from the recent high to the recent low.
- 50% level at 2319.931.
- 61.8% level at 2304.029.
- 78.6% level at 2281.389.
4. Chart Patterns:
- The dotted lines indicate A possible ascending channel, suggesting that the price has been moving within an upward-sloping range.
- Recent price action shows a breakdown from this channel, indicating potential bearish pressure.
5. Current Price Action:
- The price has dropped sharply and is currently around 2306.890.
- It is approaching the 61.8% Fibonacci retracement level, which might act as immediate support.
- If this level breaks, the next significant support is around 2281.389 (78.6% retracement).
6. Moving Averages and Indicators:
- The chart does not explicitly show moving averages or other indicators, but the trend lines and Fibonacci levels provide key insights.
Summary:
The chart of the Gold Spot against the US Dollar shows an overall uptrend that is currently facing a correction or consolidation phase. Key support levels to watch are around the 61.8% Fibonacci retracement level at 2304.029 and the 78.6% retracement level at 2281.389. It might resume its upward trend if the price stabilizes above these levels. However, a break below these supports could indicate further downside risk, with the next major support at 2252.548.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD (GOLD) BUY ANALYSIS - ICT CONCEPT |SMART MONEY CONCEPTHere on Gold price has crossed our TP 1 and now return to resistance zone forming order block (OB) after break of structure (BOS) so is likely to go up so this point is expected to go LONG and expected profits should be around next resistance zone at level of 2,410.000. Apply money management.
XAUUSD - Completely breaking the accumulation side of the SellerJust this morning, GOLD`s fee expanded via way of means of almost 20%, breaking the whole accumulation facet of the Sellers. Currently, as I see it, GOLD's subsequent response factor will maximum possibly react across the 238x Zone. As I additionally in reality advised all and sundry at the start of the week once I commented that so long as GOLD has a destroy thru 231x or 236x, it will likely be smooth to decide the Trend and New Trading Zone.
>As for today, I will nonetheless preserve the factor of view of purchasing GOLD to the 238x place after which perhaps going again to the 24xx place.
>Because Gold is likewise growing strongly and there are response rhythms with RSI being too Buy. So Absolutely there may be But the charge will lower slightly. Everyone ought to watch for GOLD to have a clean RSI destroy factor earlier than going to Sell
>Today's Plan Canh Buy 2366>2370
SL 2364
TP 2378>238x
>Sell Gold on Zone 238x
Wait for the marketplace response with RSI too Buy and Sell at 3>five prices.
Now at the 1st day, all and sundry simply move again to the competition and trade ❤️❤️
XAUUSD: Analysis June 5As much as Gold increased yesterday, Gold was pushed back down yesterday, showing that the resistance above is strong. However, there has not been any change in the chart structure because Gold D1 is still within the narrow price range of the larger price range. The formation of such a narrow sideways period is like creating a "detonator", which can cause Gold D1 to have a strong rebound in price in the near future.
Gold H1 was pushed back to the old bottom after the previous push up. The structure formed is an inverted V-shaped pattern, showing strong resistance at the upper border of the price range. The main topic of Gold H1 today is waiting for sale.
💡 H1 trend: Gold moves sideways.
Today's trading idea: Sell Gold.
XAUUSD - re-scanning the old accumulation zone of the BuyersYesterday Gold re-scanned the vintage accumulation quarter of the Buy faction. Currently, Gold has rebounded to the 233x area, however with this fashion and wave, it's far very in all likelihood that Gold could have every other moderate correction earlier than the Nonfarm news, everyone ❤️❤️
>Today I will Sell Gold round MA h1 and H4 from the fee variety 2340-2345
SL 2350
TP 2330>232x
If GOLD can growth once more thru the 2345 quarter and spoil thru the vintage resistance quarter, I will purchase and chase Gold returned as much as the 245x quarter.
If the Plan is correct, in my opinion, Gold will lower barely for 1 beat after which growth immediately, everyone ❤️❤️
XAUUSD BUY ANALYSIS - ICT ConceptHere Gold has been forming support and resistance going back to liquidity grap and now rising up againg so is likely to move up after a serious of bounce back now going for LONG is needed and Stoploss should be around 2314.000 and targering profit should be 2347.000 . So it expected to use money management
XAUUSD (Gold) Technical Analysis and Trade Idea In this video, we conduct a brief analysis of XAUUSD (Gold). Despite experiencing downward pressure over the past three weeks, it is currently approaching a significant support zone. On the three-week timeframe, we observe a bullish trend. Our focus is on identifying a buy entry point within this critical support area, assuming price action aligns with our analysis from the video.
As always, the video provides valuable insights into trade entry points, trend analysis, market structure, and price action. Please note that this content serves an educational purpose and should not be construed as financial advice. 📈 🚀📊
XAUUSD tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi