XAUUSD Gold Next Possible move is 2759! Read Description Hello Traders!
Gold looks full bearish can hit 2559! We can see a rising wedge in high time frame (H4) also Elliott wave giving same target because B correct move has been completed and times to give C corrective move till 2559-2504 that is the possibility for Gold in the current situation!
Resistance: 2648, 2660, 2685
Support: 2638, 2620, 2597
Stop Loss: 2660
Tp 2622
Tp 2610
Tp 2570
Tp 2504
Xauusdshortsetup
Trade Idea to Short Gold at current price. See below
Gold price looks to be at a topping area and will come down it's corridor to lower prices. I think much lower prices during NY today.
For now, I am Shorting XAUUSA at any price between 2566.50 to 2567.
STOP LOSS is quite tight giving good RR. 2574.10 SL
This is a Short Trade of Gold XAU USD.
* Trading is risky. This is an educational publication only.
Scaling into Short Gold...several smallish positions.
XAU USD is starting to sell-off and 1 hour into Australian trading day, 3rd hour of the New Zealand trading day.
Gold is in a supply area of the RSI and Stochastics across all of the timeframes.
I plan to take this short for a day or 2 unless buyers come pouring in from nowhere, unlikely but still possible with all of the gold-bulls around the world & given that the price is in record territory.
XAUUSD UPDATE (LONG TERM) looking for Sell |long Hey team, hope you are enjoying our ideas and analysis. Today we are monitoring XAUUSD for a selling opportunity around 2030-2040,
That we have already shown in H4 Chart, IF that is Breakout around 2040 then our target willbe 2005-2000 , so when we Recieve any Conformation, the trade willbe excuted Automatically
Good luck guys
XAUUSD 2004.27 -1.77% DAILY BREAK DOWN FOR THE WEEKHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE GOLD IN THE COMING WEEK.
GOLD COULD CONTINUE THE CORRECTION BEFORE RALLYING TO TAKE THE WEEKLY BUY SIDE LIQUIDITY.
* Looking for some shift or rather break below of the swing low to confirm a bearish bias this week.
* Should this happen looking for PD ARRAYS to enter or change my bias on gold.
* But momentum tells me that we might just see some correction with the bears before we push higher on GOLD.
- Should set up play out-
1. targeting the unmitigated FVG below
* If we break above and close above the bearish OB trade is invalidated.
- TARGET would be the FVG that is unmitigated before continuing to the upside.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Interim Bulls could not halt the strong bearish XAUUSDGold against Dollar have been in a bearish trend way from Aug 15th, 2022 from the price of 1800 and last week its continues the downward trend and breaks the 1750 zone of concern ,
1750 is the zone of PUSHING DOWN, whenever the price breaks 1750 , it never missed to touch the support zone of 1683, this zone tested multiple times
This week , price may test the zone of 1750 again going down, there is a support available at 1735 , if it breaks further down , it will test down 1700 again
XAUUSD LONGAs gold is in a Short term trend, The question is why i am saying that it has the potential to go #Long. Now, as gold has recently break its level at 1730.00 which indicates that it is gaining momentum. Second, gold makes a double bottom which indicates that the price is taking support at 1704 which can result in hikes of price, resulting in testing it supply zone.
First supply zone at 1730 and second supply zone at 1760, which is indeed a good zone to place your sell orders.
Mid term forecast of XAU/USD GOLDZEYAN here!!!!
I'm looking at the market as a bearish pov i was bullish on gold before but now as far as i can see market is quite bearish so ill be looking to sell the retracements
This is a general idea of how I view the market; I use various entry techniques; please do not take this information at face value; conduct your own research.
Please let me know in the comments if you want me to analyse your charts.
like for more!!!!!!!!!
This is not financial advice; please conduct your own research and use this information as confirmation in addition to your own analysis.
💥XAU / USD 1921.33 - 0.73% SHORT IDEA * BREAKOUT PTTNS & PRICEHEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE,
AN IDEA ON THE GOLD METAL THIS WEEK.
* The metal has been Correcting for a couple of weeks now, seems we have entered some slowing down in momentum with the bears as we ranged in a symmetrical triangle possibly signaling continuation.
- Short term the METAL has currently Rallied with a down trend as WE broke below on the 4h chart. hitting ( LH , LL ), looking for a continuation of this trend with the bears.
- Looking for SHORT entries on the METAL this week should all the rules of the formation be met, A break above of the marked structure and close CANCELS the trade.
SCALLING DOWN
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
XAUUSD Turning ShortFor More Daily Detailed Analysis, Click the Follow Button.
Here we have our updated GOLD charts..
After taking gains on the PREV fall we have RE arrived at a former price rejection area.
Gold has recently rallied due to changes in Market sentiment which are likely to dictate moves in the near future. As we reach Sell Zones where sellers are moving into the market we can start to look short.
Exits will come on Falls in the near future and at early support levels on lower TFS. Use arrows/Eclipse symbols as a guide for price. Manage your Risk Appropriately (RM).
XAUUSDThough Gold has fallen a lot in last week even though my bias on Gold Remains Bearish And i m Seeing 1720 after break down of 1780 which Seems Easy .
Reason For My Bias is ''If you see 1 Week Chart you could Clearly see that Gold last week candle has Engulfed last whole month's Gold Move which are Strong Signs of Bears !
Rallies above 1790 Must be Sold till 1720 !
My Scenario of Bears will be Negated if Daily Closes Above 1810 !!