Xauusdsetup
XAUUSD Gold 29/11Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short and Long Time Frame, In Short Time Frame its Rejecting from the Upper Trend Line. Completed Impulsive Waves " 12345 " ,Correction " ABC " and Impulsive Waves " 1234 " Completed will make its Correction Again
Entry Precautions :
Wait for Breakout of LTL / UTL
XAUUSD:Long first, then short
The 30m chart has fallen close to the low. Later in the US trading time, I will observe the support near 2012-2007. Regarding the trading direction, my idea is to go long first and then go short. The main reason for going short is that the 2h and 3h charts are still more bearish.
If the market changes, we will make adjustments.
good luck!
XAUUSD 28/11Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Double Top Pattern in Long Time Frame and Strong Divergence at Daily Demand Zone. Completed " 12345 " Impulsive Wave and Making its Corrective Waves in a Corrective Pattern " Bullish Channel " in Short Time Frame
Entry Precaution :
Wait for the Breakout or Rejection
Gold Trading Plan - 27/Nov/2023Hello Traders,
Hope you all are doing good!!
I expect Gold to go Up after finishing the correction.
Look for your BUY setups.
NOTE: Many of my earlier posts have been hidden by TradingView due to some house rule violation. They informed it after 6 months of me using the watermark for my company name.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves at Daily Demand Zone. Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line. We have Break of Structure and Strong Divergence with Moving Averages Confirmation
Entry Precautions :
Wait for Breakout or Rejection
XAUUSD: Summary of the week
Gold topped $2,000 an ounce on Friday, with spot gold ending the week up more than $20 on the back of a weaker dollar.
Affected by the Thanksgiving holiday, gold was weak on Thursday and Friday, there were no good trading opportunities, and the overall profit this week was relatively small. Next week, I will take my friends to dig hard!
XAUUSD: sell
It’s a new week, wish us lots of money in trading
At present, in terms of technical form, 30M is more conducive to short positions, so today’s Asian trading can focus on short selling. The upper resistance continues to focus on 2003-2006, the strong resistance is around 2012, and the lower support is around 1994-1989
Gold (XAU) daily analysisWeekly, daily bias bullish
1. Engulfing bullish on Friday
2. First target - take out highs of shorts
at 2010. Second target highs of 2021.
3. If brake of 2010-2020 will be FB, double
top will be made and we can see possible of
1980, which is likely less possible because of
bullish bias and weakness of dxy.
4. Break of pwHigh and 2010 and confirmation above can lead to 2050.
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame. It has Completed the Impulsive Waves " 12345 " and making its Corrective Waves. We CHoCH at Demand Zone and Strong Divergence in RSI
Entry Precaution :
Wait for Strong Price Action Rejection
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves. Bullish Channel as an Correction in Short Time Frame and Rejection from the Upper Trend Line. Double Top Pattern in Long Time Frame and Rejection from Resistance Level
Entry Precautions :
Wait for the Breakout and Retest
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame and It has Completed " 12345 " Impulsive Waves and " AB " Corrective Wave at Daily Resistance Level , Forming Double Top as an Corrective Pattern in Short Time Frame with Divergence
Entry Precautions :
Wait for the Rejection or Breakout
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Fibonacci Level - 78.60% / Daily Descending Trend Line
Entry Precaution :
Wait for the Reject and Retest
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " abc " Corrective Wave and Making its " 12 " Impulsive Waves again. Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line or Fibonacci Level - 61.80%
Entry Precaution :
Wait until it breaks and Retest Break of Structure
XAUUSD:Friday trading strategy
Today's market is more in line with our expectations. Data trading is very successful and has brought us huge profits. Regarding tomorrow's market, my view is to go short first and then go long.
Trading is carried out around the 1964-1988 range. The support focuses on the vicinity of 1974, and the strong resistance is 1993-1996. Short selling during the Asian trading time. If the support of 1974 and 1964 is effective, then we can trade long during the European and American time periods.
technical analysis:
During the U.S. trading session today, data and news caused gold to rise to 1987. It was under pressure and fell back. In the 45m chart, the momentum of the MACD indicator has obviously weakened.
Tomorrow is Friday, and there is no special news. the market will not fluctuate greatly, and the weakness of 45m will gradually increase to 1h. Therefore, my trading point of view is to go short in the Asian market.
Good day and wish us good luck!
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Wave and making its " B " Corrective Wave. Bullish Channel as an Corrective Pattern in Short Time Frame. We have Break of Structure with Retracement and CHoCH. Strong Divergence in RSI
Entry Precautions :
Wait for the Proper Strong Rejection Price Action
XAUUSD: Gold analysis and operation
Yesterday, the Federal Reserve released CPI annual rate data performance is relatively poor, below market expectations. The dollar fell in response. Gold rose on the day.
Early this morning, 1961-1962 straight up. Continuation of yesterday's trend, the horizontal directly broke 1971.
Programme: 1977-1980 empty, objectives 1970-1966:; Step back 1966-1963 more.
If you are confused about trading, please join me, I believe you will have a great harvest!