XAUUSD UPTRENT CONTINUE V BOTTOM 29.10Reason Behind XAUUSD Bullish Continue
1. Market Clearly Breaked Trendline @ 1925
2. Uptrend Continued since it breaked the Resis 1060 later 1980
3. Single Bullish Spinning Top candle confirms the further High
4. Three white Soldiers Confirms the asset make the correction and move the Swing High
5. Continue V Bottom Confirms the futher Pullback and retest @ 1980 and make Ath
Overall Possible Outcomes
XAUUSD BUY @ 1980-90
SL 1960
Xauusdsetup
XAUUSD 27/10Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle as an Correction in Short Time Frame. Completed " 12345 " Impulsive Waves and Corrective Wave " A - wx ". Its Rejecting from Strong Resistance Level at Fibonacci Level 61.80%.
Entry Precautions :
Wait until it Breaks the UTL / LTL
XAUUSD 26/10Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Double Top as an Corrective Pattern in Short Time Frame. It is Rejecting from the Resistance Level if it will Reach its Support Zone and If it Breaks Resistance then Long. It is in Consolidation Phase and Strong Divergence in RSI
Entry Precaution :
Wait until it Breaks or Reject Resistance Level
XAUUSD Gold 25/10 Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel in Short Time Frame as an Corrective Pattern and Rejection from the Upper Trend Line. It has Completed " ABC " Correction and " 1 " Impulsive Wave and Rejecting from Daily Resistance to make its " 2nd " Wave and Retracement for Break of Structure
Entry Precautions :
Wait until it Breaks UTL / LTL
XAUUSD 24/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel in Short Time Frame and Rejection from Upper Trend Line to Complete " C " Corrective Wave. We have Break of Structure / CHoCH and making its Retracement and RSI - Divergence.
Entry Precaution :
Wait Until its Retest S / R Level or Breaks Upper / Lower Trend Line
XAUUSD Gold New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Wave and Corrective Waves " AB C - wxy " and making Impulsive Waves Again. We have Pin Bar at Daily Resistance if it Rejects then it will Fall till S / R Level to Complete Retracement for Break of Structure.
Entry Precautions :
Wait for the Proper Trend Reversal with Strong Price Actions
Where is Gold going next?In the past few days we have seen how OANDA:XAUUSD give off some really fantastic push into the 1983 area, are we going to see further push or is price going to reject the zone? Fingers crossed, we wait to see what market presents to us next week.
Until then have a fabulous weekend
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
XAUUSD Gold 20/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame and Breakout the Upper Trend Line and Its Currently Rejecting from Daily Demand Zone it will make it Retest if Rejects. Completed " ABC " Corrective Wave and Making Impulsive Waves again
Entry Precautions :
Wait for the Proper Trend Reversal with Strong Price Action
Gold: Planning Strategies Today
Today's trend seems a bit dull compared to yesterday. The white market fluctuated in a range of less than 10 US dollars. I believe everyone has been sitting there all day without knowing where to start. However, no matter how the market goes during the day, the trend is still maintaining a good bullish trend. In the evening The operating idea is still the same as the white market, maintaining the low and long operating strategy!
Since the situation between Palestine and Israel, the risk aversion in gold prices cannot subside in a short period of time. Just like the previous situation between Russia and Ukraine, the price of gold has increased by nearly 300 US dollars, and now it has only increased by 130 US dollars. Don’t be afraid that there is no room. With the current situation, Director Wang will at least wait until the 2000 mark before giving up! Unless the gold price falls quickly below the support of 1935 at this stage, bulls will be willing to temporarily stay on the sidelines!
The one-hour trend, so far, shows that the bulls are strong and the gold price has very little retracement. With such a strong trend, even if the current gold price valuation is on the high side, short positions are very tempting to most investors, but they would rather miss it than take the risk. try! Technically, the moving average support continues to diverge upward during the day. The first support is currently at the 1949 line, and the current trend line support is at the 1936 line. The stable operating strategy is to wait for the price to fall back to the 1940-1943 line before continuing to do long positions. The market outlook target is first Look at the previous high of 1963 and then look at the historical pressure level of 1885!
XAUUSD 19/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave and it is again making Impulsive Waves. Bearish Channel as an Corrective Pattern in Long Time Frame and Completed the Breakout of Upper Trend Line it will Complete its Retest and " 2nd " Impulsive Wave
Entry Precautions :
Don't Enter without any Confirmation , Israel / Palestine War is impacting Market
Gold Soars Amid Political TensionsGold prices hover around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's recovery is bolstered by increasing political tensions in the Middle East, driving a safe-haven rush. From a technical standpoint, the daily chart of XAU/USD suggests further upside potential. The pair has surpassed all of its moving averages, with the 200-day Simple Moving Average (SMA) being the closest, located around $1,930. Meanwhile, technical indicators are pointing upwards, with the Momentum indicator near overbought levels. According to the Relative Strength Index (RSI), it continues to climb and stays at new highs for several months.
In the short term, the 4-hour chart shows that a minor corrective decline may occur, but it also indicates that the uptrend remains intact for XAU/USD. The SMA 20 is moving strongly to the upside compared to longer SMAs, providing dynamic support around $1,926.50. However, the Momentum indicator has eased after reaching a lower high but still significantly above its midline. The RSI has also slightly declined but remains within the overbought territory.
Support Levels: $1,938.20, $1,926.50, $1,912.35
Resistance Levels: $1,962.60, $1,978.90, $1,987.40
XAUUSD 18/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed the Breakout of the Upper Trend Line it can Reject from the Previous Resistance or Fibonacci Level - 61.80% to Completed the Retracement. Completed " ABC " Corrective Wave after Impulse. Break of Structure , CHoCH and Divergence in Short Time Frame
Entry Precautions :
Wait until it Breaks or Rejects Resistance Level
XAUUSD Gold 17/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Corrective Pattern " Bullish Channel " in Short Time Frame. Completed Break of Structure and Its Retracement , We have Strong Divergence with the Confirmation of Moving Averages. It can make Double Top and if Breaks then it will Reject from Fibonacci Level - 61.80%
Entry Precautions :
Wait until it Rejects or Breaks UTL / LTL
XAUUSD 16/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulse and Corrective Waves " ABC " Completed in a Corrective Pattern Symmetrical Triangle and Impulse Completed in Short Time Frame. Its Rejecting from Daily Descending Trend Line , We have Divergence and ChoCH
Entry Precautions :
Wait until Proper SMC or Strong Reversal Price Action
XAUUSD New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel in Short Time Frame and it has Breakout the Upper Trend Line. We have Break of Structure with Divergence. Impulse Correction " ABC " Completed if it Doesn't Reject then it will again make its Impulse
Entry Precautions :
Wait until it Rejects from the Upper Trend Line or Retest
XAUUSD=GOLDXAUUSD, last our three ideas on GOLD have been successful, we emphasize on how uncertainty will cause price to skyrocketed due to investors being more interested in XAUUSD as a safer option. Price of GOLD did not show any sign of bears presence on Friday. Price rose 600 pips from 1870 to 1930.
Selling in this market condition always extremely risky and advice you all to take extra care as situation of war in some countries is may worsen and this idea can be wrong. Use this idea as a small possibility.
XAUUSD New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulsive Waves " 12345 " and Corrective Waves " ABC " Completed. Falling Wedge as an Corrective Pattern in Short Time Frame in XYZ Waves and Breakout the Lower Trend Line and Strong Support Level
Entry Precautions :
Wait until it Rejects after Retracement or Previous Support and Acts as Resistance
Gold: shocks remain unchanged
Gold is now maintaining its bottom and oscillating sideways. The decline has temporarily come to an end. If it is no longer weak, it will become stronger! Moreover, the release of the big non-agricultural data in the U.S. is expected to lead to a skyrocketing rebound! The US market continues to be bullish relying on the support of 1815!
Plan your trade, trade your plan! The current decline in gold is obviously not strong enough! And it will no longer break new lows! The U.S. large non-agricultural data is expected to be similar to the small non-agricultural data, and will start a rebound trend!
Long, the U.S. market relies on the support of 1815 to be bullish on lows. The upper side will pay attention to the pressure of 1833. If the 1833 position is broken, it will prove that the market has turned and the rise has begun!
Gold is over 1815, stop loss is 1807, target is 1833.
Gold prices decreased for the 8thThe most active gold futures contract on New York's Comex, for December delivery, fell $6.70, or 0.4%, at $1,834.80/ounce. Benchmark gold futures lost 3.1% last week, the biggest weekly decline since late January. This week, December gold prices fell 2.6% from the beginning of the week.
Spot gold prices, which some traders watch more closely than gold futures prices, were steady at $1,821.20, down $1.78, or 0.1%, on the day. Spot gold fell 4% last week, its steepest decline since falling nearly 6% in the week to June 11, 2021. This week, gold is on track to fall another 1.5%.
Rising yields and the dollar - gold's nemesis - have practically erased most, if not all, of gold's shine this year, leaving Comex futures barely up and prices Spot delivery decreased compared to early 2023.
Gold: Counterattack or bearish
On the market, we mainly place short orders around the suppression of 1830, and the range is relatively large. As long as the suppression is around 1830, we will be short. The European market will fall back below 1820, and the short orders will make profits again. After the low-level short orders are dealt with, we will retain the high-level short orders. .
Make two preparations. On the one hand, if the market price goes down directly, the remaining positions can be used to amplify profits; on the other hand, considering that the market has been relatively repetitive recently, it is not ruled out that there will be another rebound in the late trading. Go test 1830 and leave some room for the rebound. Once the space comes out, once the rebound opportunity is given, continue to cover short positions. In short, it is still the same idea. The short pattern will not change, and high altitude is the layout direction we still adhere to. Although there are rebounds and short-term and long-term opportunities, we only fight the king of hell and not the devil. We participate in the main rhythm and treat short-term rebounds as corrections.
Strategy: 1822 short
October 5th. How to expand profits, follow me
If it is only judged based on temporary market trends. What follows is an upward rebound. Of course it does not include the impact of the news. This is following the trend.
Initial jobless claims today. I think it is better to continue to operate at a high level and in a downward direction. Mainly selling. But we can go long before the news arrives. Make some little money. This is my trading plan.
Many friends just left me messages saying that they did not see the real-time trading signals of my transactions, so they missed the transactions. It doesn't matter. Leave me a message in the private base. We still have follow-up trading opportunities. Today and tomorrow are good times to make money. Those of you who don't know how to trade remember this, this is your once a month opportunity to recover your losses. Great time to make money. The premise is to follow my trading signals. Many people followed my signals and sold for the long term. So those people made a lot of money, not bad. That's my VIP. I just collect some dividends and that's it. I hope everyone can make money.
All actions are based on real-time trading signals.