GOLD PSICHOLOGY GAMEbreak bearish structure and trendline,will gold be able to change the market direction?
Xauusdtrade
XAUUSD AnalysisSet a Buy Stop At - 1722.48
Take Profit 1740.58
Sell stop at 1740.05
Take Profit 1721.69
DXY be getting weak today and there's unemployment rate news today.
i see DXY getting weak today.
XAUUSD Continue DownTrend Possible Continue downtrend due rejection of weekly and daily CS , waiting at lower TF (maroon horizontal) for execute.
XAUUSD: SELL ENTRY IDEAGold is still on-trend bearish.
Price may create correction before continue bearish.
Scenario
If 1784 Breakout, possible retest the trend line about 1806-1809.
wait for rejection and price action come to sell area.
Manage money management wisely
Good luck
XAUUSD H&S pattern longWe got the last shoulder of a H&S pattern forming, as long as price doesn't close below the support line, I'm bullish on gold
XAUUSD: SIGNAL SELL LIMIT ENTRYHere is my idea,
Price possible create HL (Higher Low) and Bear Flag.
my sell entry area on golden zone area on Fibonacci
If you find on Daily and weekly, I see strong momentum for bearish there.
If you have any idea, leave me comment below and don't forget give me thumbs up.
Thank you
XAUUSD ANALYSISwe are currently in the correctional phase of the market which as we know comes after an impulsive move. I am anticipating price up to push up to around @1803.45 and from there will be waiting for price to give us an entry signal into this sell position. suggested stop loss: @1808.43(0.26%) leaving us with a potential risk to reward of 18.1
Gold - It's time to shine again ! (Long Term Forecast) Hello traders,
# Price is printing a bullish falling wedge.
# Even after the recent flash crash we can see that the price QUICKLY retraced, respecting the structure.
# 200-day Moving average finally crossed below the 100-day MA (Buy Signal).
#This is a long term idea.
Wait for the breakout before Entering, until then there will be several intraday opportunities.
TakeProfit = 1960 $
Good Luck.
XAUUSD (Gold) Trade BreakdownIn this video, I walk you through this Gold trade, the setup of which I put out in my Forex Weekly Forecast for this week.
I want to share with you the power of trading order blocks and structure breaks.
If you are pickin' up what I'm puttin' down, drop me a message/leave a comment.
GOLDJust a quick heads - up... If you love trading gold, I urge you to pay attention this pattern (Bullish falling wedge) all the time. Especially when there is a divergence forming with it. The pattern is much clearer on the H1. I will be looking for long positions.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Exercise patience and proper risk management.
XAUUSD (Gold) trade ideaGot a Inverted H&S pattern, a strong uptrend, and price is at strong support. Fibs confirm the correction level, so....
why not look for a long position?
GOLD ranging...and UP AGAINAs I said last weeks since March 21... GOLD climbed and exceeded 1820 but rejected from the Fibonacci zone 0.382 from where ... even if maybe he will retest the Fibonacci zone 0.5 he will continue his way towards 1880 and even towards 1928
...as I said last week GOLD had a smaller rejection than I expected and continues to climb to my target that I estimated in March ... 1875 and from there even 1920 especially because it closed and over Fibonacci level 0.382
THIS WEEEK...after 4 months in which all my analyzes about GOLD were almost perfect ... this time I will look for my final target ... 1920!
if this target is exceeded even for 1 day ... then I will go further towards 1957!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
goldWe counted the waves in their most accurate state and expect another climb in the specified range
XAUUSD: UPDATE AFTER NFPGold will create correction and continue the trend and trying approach the resistance on fib 0,61 Daily.
If you have any idea, leave comment below and give like.
Thank you
SELL XAU/USDAfter looking at XAUUSD, I see a potential for it to retrace back down to 1794 levels, this is supported by the following points:
5min Resistance that has formed
The candles have hit the resistance of the upwards channel and failing to break above it.
The Relative strength index of 30min Upwards is overbought, we have to go down now
If planning to take this trade Goodluck and keep a tight stop-loss just above the resistance
XAUUSD LONG OPPORTUNITY IM GOING TO GO LONG ON THIS MARKET DUE :
-STRONG UPTREND PIN BAR REJECTION AT THE 1H
-REJECTION AT SUPPORT AREA
-ASCENDING TRIANGLE PATERNN AT 15 MIN
CONCLUSION :
FOR GREAT RESULTS WAIT UNTIL THE PRICE BREAK ABOVE TRIANGLE RESSISTANCE THEN ENTER !
