XAUUSD ShortHey traders, above is a technical overview on gold and the most important zones to watch, we still think that gold might push a little higher before a bounce. the zone we're watching is around 2110.
Trade safe, Joe.
Xauusdtrading
XAUUSD ,Will the bulls continues its run on March beginning ?Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down
and formed a bearish pin bar in Weekly chart,
At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone
or if the price breaks down the support, it may goes down further
Analysis only for education purpose
XAUUSD ,Will the bulls continues its run on March beginning ?Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down and formed a bearish pin bar in Weekly chart,
At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone or if the price breaks down the support, it may goes down further
Analysis only for education purpose
XAUUSD UpdatesAs mentioned in previous idea, that pump from 1849 zone towards weekly trendline already happened, Russia already took away Troops from Borders to ease tensions so if we receive any bearish confirmation we might consider this short opportunity.
Trade safe, Joe.
Gold daily analysis 16.02.2022Yesterday gold has very high volume and was not able to sustain the levels near 1880 because of high selling pressure.
However yesterdays daily candle gave a confirmation for the breakout of long term trendline since price rose to 2000 in March 2020. So I expect gold to be bullish in coming days too with base price near 1840 if price is able to sustain above this.
Yesterday's fall was a test for this support for trendline near 1844 and price was able to maintain this level. There is very high volume after the price fell 1844. This is good indication that price will reverse in next days.
However the news is still uncertain and price can go any direction. So I suggest to trade only with stop loss.
Today my trading ideas are
BUY 1852 SL 1842 TP 1865 (scalp)
XAUUSD The purpose from this chart is just education, not too safe to take a position in commodities with the current situation in Ukraine.
XAUUSD down before long..For more daily Detailed analysis, please feel free to click the follow button. If you do have any questions, please do ask them!
After hitting our targets numerous times, I know there is plenty of traders waiting for my GOLD analysis..
We are looking short from the current price point further down. We are then looking long.
This is because there is remaining room/profit margin till our long zone.
We are then exiting at comfortable resistance higher up.
Exit is NOTED by eclipse symbol.
XAUUSD ShortHey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 1818 zone. Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
XAU/USD Asian Market. Long. R:R - 3:1 As shown, overnight trade here, Great 3 to 1 ratio of risk to reward, I expect the Asian market to take advantage of oversold conditions and to buy until the London open, close the trade before London open once you wake up
What To Expect Next For Gold?If you followed my previous posts, you are certainly loving the profits that came forth. The gold did break through, and dare I say, it is now going to rebound back up for a retest.
The chart above has nothing new added to it. The reason I am sharing this is to show you the trendline resistance that I had already drawn in my earlier charts. The trendline acted as a force to be reckoned with, and the lower highs were all but indicative of a collapse. This tied in nicely with the recent reports that came out. Now, we come to address the elephant in the room.
"What on earth should we expect next?"
So far, it seems like the buyers and sellers are in a bit of indecision about whether to move up or down. The next few hours will play a critical role. It is possible that we may see Gold rise back up to retest its lost ground. Refer to my earlier post Gold - The bigger picture where I have highlighted the overall scenario. For now, I would suggest refraining from trading Gold. If you have the power to hold your ground, I would suggest going long.
Best of luck, and remember, trading is risky, but the rewards are well worth it.
Gold - The Bigger PictureEver since Gold touched its all-time highs back in 2020, things have been going downhill. However, what people might not have noticed is how there seems to be a pattern that is in the making. We are on the verge of the end of the triangular formation, and somewhere in October 2021, we can expect a massive breakout.
In the chart that I have just shared, the pink highlighted area is the area of value (AOV). If you find gold prices touching these regions, you have a perfect entry point because they would either be facing fierce resistance or superior support. However, it should be kept in mind that this pattern is soon to break away. For anyone willing to trade in gold, now is the time to do a spot of day-trading and swing trading. However, if you wish to make a significant chunk of profit, read the chart carefully and figure out the perfect entry points for pending orders (once the pattern is broken). Of course, there is always a risk of a false breakout, but so far, there hasn't been one since last year. This only goes to suggest that the next breakout will be a wave everyone would love to ride on. For now, enjoy the little trades as much as you can!
Clear path for gold to grow, its the starting only, Long GOLDPrice is above 200 ema. and also atr based indicator just flashed buy signal(swing), Grab gold with low risk. The target is 1000 pips.
Gold trading for today as 13-04-2021dear Gold lover,
another day in paradise? did you get another jackpot?
they said the US economy recovered faster than expected, so they pull out all the money from foreign country
to invest back in the US, as you can see index get higher and higher
but as a law of investment, if they buy stock they sell the Gold they hold...
see the H4 chart, it is going down faster than last month
Today area 1723 is a SS and a VERY critical area
we think it will be a bounce-back (UP) for a while before continuing to down
if this area breaks then you know where Gold will be landed
DR for today could be 1736.50 - 1724
for swing still SHORT
happy trading
Gold Forecast (03/03/2021) - Prepare for the next movementBUY or SELL? Not clear, just act when the time comes. No need to rush. There will be a safe price for us to use our money. In this article, I will write 3 parts: (1) Summary of February (2) Prepare for long-term orders and (3) Short-term orders.
Summary of the gold trading orders in February
Order 1: Sell at 1845-1840, TP 177x.
Order 2: BUY from 176x, TP 181x. I didn’t enter this order.
Order 3: Sell from 182x or Sell immediately when the price collapses at 1760. For me this is not considered an order because it’s unexpected. But some of you already entered this one, so I count it as the third order.
Good price zones to watch for now
SELL: 176x.
BUY: from under 1700 to 167x.
Divide times to Buy. For example, when the price goes down to 1700, buy a little. When it falls down to 168x, buy again and finally buy at 1678. If the price bounces back, we hit the jackpot. If it collapse, we hit the SL – close the position.
It may take time for me and you to enter the positions above. But the money is made from the moment we start waiting until we enter the position. After that, wait for the answer from the market.
I can wait a month just to place one order. It’s OKAY! Safety is what matters the most. And once I’m in, the TP level must be large enough.
USDindex
If the Dollar goes straight to 92.00 as I predicted, it would be possible that the gold price will drop below 1700.
Day-trading positions
According to the request of some people who like to surf, I give you 2 positions. If it’s right, enter the trade. if not, then stop.
Order 1: BUY - under 1720 - 30% chance to win. Here there is a support zone. When the price fluctuatés, find a safe entry point to enter. TP depends on you – SL at 1705.
Order 2: SELL - over 176x - 70% chance to win. Downtrend + the resistance zone = SELL. SL is a little bit far (200 - 300 pips).
GOLD Is going towards 1900?Its difficult to say anything about GOLD. but, Now its a high opportunity to go for short sell on GOLD towards 1751. The SL should be 1819 and if 1819 breaks, it may lead gold to 1850 and 1880 as well.
Use proper Money Management.
GOLD Pending Sell Limit 1782If we look at timeframe H4, we can see, Gold still need to complete its final wave towards 1800. Therefore, a pending sell from 1780 will be a nice idea and hold till 1734.
goldwait for gold to either break out and retest or hit the zone then once u see confirmation for a buy u can open a long possition
XAUUSD: Buy opportunity on symmetrical patterns.Gold is on a short term pull back on the 4H chart (RSI = 47.725, MACD = -1.250, ADX = 29.908) following the new All Time Highs on U.S. stocks and the short term rebound on the bond market. The US Dollar remains strong but a short term pull back is helping Gold to contain a bigger decline.
Technically we have found similarities of the current sequence with the pattern during of mid to late January. As you see on the chart both the RSI patterns as well as the actual candles are identical. In January once the price crossed below the 4H MA50, it found support within the 0.500 - 0.618 Fibonacci. We are currently close to that level and with the MA200 right below, treat this as a good medium term long opportunity. Our Target is the 1,595.50 Soft Resistance.
Recent trade on Gold:
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XAUUSD: Hit the Multi Year Resistance. Sell opportunity.Gold has just entered today the 1,355 - 1,365 1M Resistance Zone with 1D highly overbought (RSI = 77.219) due to June's aggressive bullish run. The price is undoubtedly inflated due to the recent geopolitical tensions (U.S. - Iran) and the correlation with DXY has been broken. As soon as tensions ease, those dynamics will normalize and Gold should start moving lower towards its fair technical value.
This presents an optimal sell opportunity as the 1M Resistance Zone has worked as a sell accumulation point since 2017 and with a slight variation (-1,375) since 2014. We are now initiating a long term sell strategy on Gold with a long term TP = 1,220.
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