Xauusdsetup
Gold: Reaching our expected 1950 position
Gold entered the long position at 1938 in the European market, and rebounded and rose as expected. The US market strategy has also been disclosed in advance. Shorting near 1950, plan your transaction, trade your plan, and execute decisively in place. The current price of 1955 is short, and you will reap the rewards! The perfect switch between long and short, two consecutive victories in a day! Perfect!
The current rebound of gold has encountered resistance on the pressure position of the upper rail of Bollinger on the daily line, and there is a possibility of band adjustment! The high probability is the beginning of another short fall! The rebound in the US market continues to be empty! Relying on the pressure of the day's high of 1955, shorting is bearish!
Gold: 1955 empty, 1938 advanced
The support below gold is the 1935 position, the first target area for this decline!
August 31: Gold current price 1945 directly short
Gold recorded a small positive line with a long upper shadow on the daily line yesterday. Gold has rebounded from the bottom of 1884 and has risen for 10 consecutive trading days. The pressure at 1950 is obvious, the 4-hour moving average is passivated, the MACD high is hooked downward, and the red kinetic energy column Shrinkage, top divergence, there are conditions for gold to change. In the early stage of 1890 and 1900, the long-term long-term orders can be profitably exited in 1945, and now 1945 and 1948 can be allocated to open mid-line short positions.
gold
Go short at the current price of 1945, short at 1948, stop loss at 1955, target 1930-midline 1900
crude oil
Go short near the current price of 81.8, short near 82, stop loss at 82.6, target 80.5-80
Gold (XAUUSD), to Short to 1935 Before a upside surge to 1954Gold has been a bullish movement since it broke the 1900/1904 support level on 23rd August.
Yesterday, it managed to overcome the EMA-200 on the 4HR Time frame upside to the 1948.98 price which was rejected by a daily bearish trendline and also the upper trendline of the recent ascending channel.
Price will continue to short by price action to the next significant support (1935) before a possible momentum build up to the 1963.
If the 1935 fails to support the bears, the price could fall further to 1925.
Gold: Today’s rise is within my expectations
After hitting a new high again today, it began to fluctuate. If it is no longer strong, it will become weaker! The current price of US market 1950 is short, bearish callback!
Gold's current rise has touched the early intensive trading pressure area and encountered resistance! There is a need for a callback! The U.S. market is bearish and has pulled back, with support below the 1940 area! More after getting support!
Gold is now in a concussive trend at the bottom of the daily line. It will move between the upper and lower Bollinger rails if it rises or falls! Now that the upper pressure area has been touched, start shorting! The recent market is concentrated in the US market, waiting for the dive!
Gold is what I expected
Strategy: Gold 1940, buy 1950, short buy, you can buy at any time when the points are reached.
XAUUSD: Today!In reality, the Dollar Index (DXY), which tracks the performance of the greenback against a basket of currencies, retreated from its highest level since June 1st on Friday and is seen as a major factor supporting borrowing costs for Gold. The decline in DXY may be due to further declines in US Treasury yields, although the possibility that the Federal Reserve (Fed) will increase interest rates more will help limit any significant declines. In fact, Fed Chairman Jerome Powell stated in a key speech at the Jackson Hole Symposium on Friday that inflation remains too high and central banks are ready to continue raising interest rates to curb persistent high prices.
XAUUSD 1HXAUUSD 1H. It's only my view. Please check your analysis before taking a trade. Lower time frame confirmation would be your best entry.
Orderflow is Bullish
Previous 4 Hour low has been taken
According to IPDA 20 days range.
So bullish move would be an expansion. There are some unfinished business up there that needs to be cleared before the price moves down side.
SL 100 pips, if the price breach more than that, please ignore this trade.
XAUUSD analyzed from 4 Hours to 5m.
GOLD can make you rich and make you wreck as well. Please trade wisely.
XAUUSDon the monthly;
price got rejected three times from the same supply and demand zone indicating a huge supply then we can see from the monthly candle that there is a high supply that pushed prices lower.
the weekly;
price is making structure LL and LH, now price is retracing to the broken daily s/r zone, the trend is bearish.
on the daily ;
price retracing to the broken s/r zone and making a new lower high, the trend is fully bearish with the SMA's confirmation as well.
on the 4h ;
waiting for a price reaction on that d zone, looking for shrinking candles and rejections indicating a loss of momentum, and a confirmation to go look for my entry on the lower timeframes
XAUUSD: Today!The price of gold is facing difficulties in maintaining its recent success, with trading hovering around 1,915 per troy ounce during the Asian session on Friday. The precious metal is currently in the process of rebounding from the losses it experienced over the past four weeks, as investors eagerly anticipate a speech by Jerome Powell, Chairman of the US Federal Reserve (Fed), at the Jackson Hole Symposium.
Gold: Bullish trend in gold today
Gold is now starting to rebound and rise, and it will fall back and continue to be bullish! The upper goal is the 1930 line! Now that the current price of 1915 is high, the US market continues to be bullish!
Gold's apparent decline is now over! The trend broke through the suppression of the downward trend line, and broke through the bottom consolidation pressure yesterday, and continued to expand to new highs today! The short-term is suppressed by the 1920 position, and adjustments and shocks are carried out. The fall is an opportunity to do more again!
More, the current price of 1915 in the US market is directly more, bullish, and the target position above is the daily moving average suppressing the 1930 line!
XAUUSD: Will it be a reversal or a continuation of the downtrendGold price is looking to build onto its recovery and recapture the 1,900 mark, as the Greenback maintains its corrective mode from two-month highs amid mixed fundamental factors. Risk sentiment remains rather cautiously optimistic in Asia this Thursday, as traders cheer overnight gains in US tech stocks after shares of Nvidia jumped 8.5% ahead of Wednesday's earnings report, providing supportive ground for local chipmakers.
Gold: 1890 is more supported today!
The decline of gold is over, and the bottoming or rebound trend is starting! Today started to be more bullish, relying on the support of 1885, stepping back to more low, more around 1890!
Looking at the hourly chart, gold has fluctuated all the way down before, and is suppressed by the moving average. Every time it touches the moving average, it will break a new low! However, the market has been supported by 1885 in the last two days, not only did not continue to break new lows, but also broke through the suppression of the short-term moving average! The market has changed!
Today's gold starts to be low and bullish. The first pressure above is to focus on the 1900 mark, which is also the pressure position where the rebound encounters resistance. The second target is the long-term moving average 1905 pressure! Whether it is a rebound or a bottom shock, pay attention to whether 1905 breaks through!
PLAN GOLD THIS WEEK : 21.8 - 25.8.2023Gold has returned to the Demand zone around 1885. Currently reacting quite strongly to the trend reversal this week.
This week trading we will be more careful with its every move.
Phase A and B are now clearly formed according to Wyckoff's basic cumulative trading range theory. We wait for a Spring point so that we can enter the line, the possibility will be quite nice in the area : 1880 (this area generates 1 ibl - been in for a long time).
Summarize :
- We wait for 1 beat - Spring comes around 1880 + 1 test spring beat.
- Risk Entry : 1880 - 1882 / Stoploss : 1877
- Confirm Entry : wait for Spring and return to Test.
- Target : 1924
Happy new week trading friends!