XAUUSD short entriesAt the moment i am no longer in my buy position i close out on 170 pips from my entry but at moment im just sitting out probably wont get into any trades till the new tomorrow but this is what im thinking
Once new comes out we can get a fake pump to 1740.732 that is where i want it to go before i go heavy into a short position and it should come back down to 1703.136
But if we get a break below 1703.136 i will go light in a short position but at the moment i think we are just going to go side ways for the rest of the day nothing to do but sit on your hands and enjoy your day
But i might go for some scalps if xauusd decides to drop back down to 1703.136 but other then that nothing really to do
Wont have any updated charts for gold until after the news
Have a great day everyone
Xauusdforexsignal
XAUUSD SHORTFundamentally;
Gold prices have been falling for two reasons the feds raising interest rates which attracts investor money and makes the US dollar even more stronger and as long as the feds keep raising the interest rates to protect the economy and stabilize inflation I see no hope for a bullish market for gold at this moment.
Technically;
The overall big trend on the monthly is bearish but the price is currently on a level of s/r while the price is also touching the 50ema so we may see a quick and huge reversal to the upside and a continuation with the bullish trend but for now and Based on what’s going on m only taking sells
On the weekly & daily timeframe, the price is making LL and LH currently it’s on a LL so there might be a pullback on the way OR not.
On the 4h price made a new higher high so, for now, m only short on gold, trading with the big trend, as the usual imma look for the price to break below a new structure with a heavy momentum candle and below the ema’s then ill look for my entry on the 1h.
GOLD - Sell-off started ✅Hello traders!
⁉️This is my analysis on XAUUSD.
Here we are in a bearish market structure and price rejected from bearish orderblock as I expected. There are 2 imbalances below that have to be filled, so I am looking as a target 1625.
Upcoming Friday we have news events about NFP and Unemployment Rate on USD, we should pay attention on the results and if its positive, it means strong USD that will support our sell-off on Gold.
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XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis given to XAUUSS earlier, GOLD went down very fast, BREAKING the TREND LINE because the US INFLATION DATA was UP. Due to this, US10Y went up a lot. And US RETAIL SALES DATA also rose rapidly. It also affected GOLD especially last week. So GOLD sold fast.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them. The FED RATE DECISION is due this week mainly. Therefore, you should definitely pay attention to GOLD.
Anyway, with US10Y UP, GOLD is going down a bit now. Anyway, we expect GOLD to go down to 1628 LEVEL. After that, GOLD can definitely go up to 1744 LEVEL. Be careful.. xauusd
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1729.702
TP: 1700.869
SL: 1752.641
Bias: Short
For gold our priority is for availing a selling opportunity. The current price level is not yet strong enough to jump upward with enough momentum to drive the level to a profit area and therefore our bias remains bearish.
FOREX GOLD XAUUSD LONG and SHORT support and resistance 25-08-22FOREX GOLD XAUUSD LONG and SHORT support and resistance 25-08-2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
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