Xauusdtrade
XAUUSD Trade IdeaOANDA:XAUUSD
Notice how the resistance level aligns with the 61.8% fibo retracement?
I will be looking for a buy signal within the 1296 - 1301 range
More details to follow!
Price action >> Gold = UPFOREXCOM:XAUUSD
*Trend bias = up
* Good support @ 1280
* Bullish engulfing pattern completed and we have the wicks indicative of new lows being rejected
Going long @ market price 1285.53 with
Stop loss below the lows @ 1275.84 and provisionally targeting the 1296-1300 level
Don't bet the farm and always exercise good risk management.
GOLD CRAB PATTERN AT 1306.8REVIEW OF GOLD:
MACD already told us the downward momentum is gone.
RSI is Overbought
All these telling me Gold is facing Daily Resistance.
I will look into a small time frame to find.
Any bearish pattern: Double Top, Pin Bar, Bearish Engulfing and short.
Trade with care and use good money management.
If you don't understand the setup please ignore the trade.
I will be following up with updates so to get instant notification when I post please follow me.
XAUUSD 4h ShortAfter a 4h correction let's see where this movement goes. It can drop a lot more, but Risk reward its pretty attractive.
GOLD Time to look for Reversal ( 1287-1292 )Hi there,
XAUUSD is struggling for upside and pushing slowly for upside. Soon it will break down and will break down hard once it will break down then keep selling the XAUUSD all the way back to the bottom.
XAUUSD - looking to trade the bounceFOREXCOM:XAUUSD
* Support level reached
* Looking for a buy signal via price action on H4
* Note that the support COULD break in which case a short to 1175 would be favorable
More details to follow!
Looking to trade the bounceXAUUSD
I'm looking for price to return to a short term support level around 1220.78
1. A buy signal would need to print like a hammer or bullish engulfing pattern in order for the setup to be valid
2. No congestion (if there is it means the bulls are battling and the support may fail
Note the support levels drawn with dotted lines.
Like this idea to receive notifications, more details to follow!
XAUUSD Short Trade IdeaXAUUSD Short Trade Idea: Gold Is Falling Hard. Looking For This Move To Continue. Watch Out For These Four Hour Candle (We Don't Want A Wick Forming). SL: Don't Have A Tight SL You Will Ruin The Trade
XAUUSD Short Trade ProbabilityGold Looking To Continue With It's Downtrend. Opened A Short Trade On This Pair Looking For a Nice Trade Down Till 1184.0 (1st TP) Levels or 1164.0 Levels (Perfect Trade).
XAUUSD Buy Possibility TradeXAUUSD Buy Possibility Trade: This Pair is so annoying lol, Had it going up this week but current events just tipped the markets upside down. Overall, this pair suggests an up move and that is exactly what I am looking for. Looking For Buy Trade Setups and Entering As The Up Move Is Eminent. A Good SL Is Around 1298 Levels Good Luck!!
XAUUSD Buy TradeXAUUSD Buy Trade: Buy Trade Based On Trend Continuation. A Perfect SL Is Around 1298. Leevels
XAUUSD Buy Trade Possibility XAUUSD Buy Trade Idea: We are at a very interesting point with Gold, its setting up nicely for an upmove making a buy trade hard to resist. Be careful with your trades, you can have your TP around 1313.00 Levels.
XAUUSD - GOLD Trading in range, Buy low, Sell high- Gold made another Pin bar that tested supporting zone today
- The whole structure shows that Gold is still in trading range
- Buy low when price breaks High today or make some retracement to its Fibo 38-50%
- Target at 61.8% of previous bearish impulse leg
- Comment +1 if you make profit
Gold at key inflexion point!Gold price is now testing major resistance area at 1261 (23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) and this is a key inflexion level. A strong reaction could occur at this level with the next major resistance at 1272 (Fibonacci retracement, horizontal pullback resistance, breakout resistance level) and our next major level of support at 1237 (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 96% where a strong reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD consolidation and then looking for a new high!READ THE GRAPHIC!
Im expecting a downside move to 1237.00 and then GOLD is going look for new highs...
Targets:
1237.00 short trade R/R 2.61
1278.00 long trade (long term) R/R 4.1
SL: 1267.00
LIKE AND FOLLOW
Enjoy albx :)
long XAUUSD @ 15 min @ trading capability for this 52nd week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
