XAUUSD.. What Not To Do WrongWe previously looked long on XAUUSD.
You then had opportunity to Long X2. We are now Returning to these areas again and its decision time!
Its always a good idea to base your decision PURELY on what works. Sure, it's great if you can name what has happened but if you can make a justifiable inference based on the current price then its a little preferable...
Im talking about patterns and breakouts. things you only can confirm AFTER they have happened..
So if the price starts to fall UNDER the previous low.. Are you going to sell the lows? OR simply hold off and get long when you get a good deal...
The choice, simply, is yours!
PS. Any longs now must be Light and out FAST as we may expect a fall to 1570 maybe not now but sooner.
Xauusdtrade
GOLD'S BEHAVIORXAUUSD charts shows the following signs:
GOLD has been trading under the falling trend line since march 2022 .
As we can see it's printed lower highs and lower lows trend behavior gold makes a fall of -8.82% to -10.66% and rises to 5.54% to 7.44%.
The price has been trading downward to a newer lower low which we can expect it at 1550 1560 level based on it's previous falls.
XAUUSD still bearish trend on Monday.Monday (10th Oct 22) we are looking for SELL trade opportunity and if price hit the Supply Zone then we can try to entry SELL with the Stop Loss #1 (remember always using Money Management and Disclaimer On) and set the Target Profit #1.
If the price breakout the Demand Zone #1 and then next target is price will continue its decline to the Demand Zone #2.
Trade Safe and good luck.
Regards,
MJ
Gold XAUUSDOn the 4 hours frame the Gold OANDA:XAUUSD is showing weakness which may lead to breaking the $1705 support level OANDA:XAUUSD to make the OANDA:XAUUSD heading south to the levels of $1684 as the first target also the indicators signal the weakness on the intraday frames which support the idea, this scenario can be changed if the prices went up to break the level of $1729 . OANDA:XAUUSD TVC:DXY OANDA:XAGUSD
GOLD sell the breakdown!!GOLD (4h) As expected, tested the weekly support/liquidity zone (1687.92) as resistance and rejected to the downside, and created a long doji. As the price is currently below the local bearish triangular structure, and as the long-term trend is down with multiple timeframe confirmations, another sell setup on GOLD is highly probable!
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis given to XAUUSS earlier, GOLD went down very fast, BREAKING the TREND LINE because the US INFLATION DATA was UP. Due to this, US10Y went up a lot. And US RETAIL SALES DATA also rose rapidly. It also affected GOLD especially last week. So GOLD sold fast.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them. The FED RATE DECISION is due this week mainly. Therefore, you should definitely pay attention to GOLD.
Anyway, with US10Y UP, GOLD is going down a bit now. Anyway, we expect GOLD to go down to 1628 LEVEL. After that, GOLD can definitely go up to 1744 LEVEL. Be careful.. xauusd
GOLD SELL TODAY QUICK SCALP!Hi Team
I have hit at least TP1 on EVERY SINGLE POST for the last three weeks.
Nod bad, eh!?
This one is simple. We got a quick grab on gold earlier this week, and now we see a minor retracement. Gold moves VERY fast on news events, so my advice is to be in and out quickly with this one!
Keep a look out for daily posts (I am on call night shifts this week - so saving lives AND saving your money!)
Let's continue to move forward and make gains - I have exceeded my monthly salary this week alone.
As ever - be sensible, be patient - always use a SL.
Good luck, Trade safe.
DrBear
Gold forecast and idea for XAUUSDmy today's trading for XAUUSD is buying above 1707$ for 1760$ target and 1800$ target for long terms
Gold vs US dollar
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GOLD NEW YORK SESSION TODAYHi team,
See detailed EURUSD analysis (linked post) for news relating to GOLD/USD this week. We will see something similar here.
We are hedging on the local support at 1710, and I will sell if we break lower - something I expect we will do in an hours time!
TP levels relate to daily time-frame descending channel.
We will hold a slightly higher SL than usual, given expected volatility at market opening.
Good luck, Trade safe
DrBear
GOLD Snipper entry!!GOLD on the 1h chart has formed very strong bearish price action with the double top on the retest of the previous support testing as resistance and formed a double top formation with a lower high.
on this 4H candle close GOLD is likely to drop in to the support zone giving us another snipper short entry!!
FOREX GOLD XAUUSD LONG and SHORT support and resistance 22-08-20FOREX GOLD XAUUSD LONG and SHORT support and resistance 22-08-2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
#forex #gold #xauusd #xauusdsignals #technicalanalysis
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