GOLD TRADING POINT UPDADE > READ THE CAPTAINBuddy'S dear friend 👋
Gold trading analysis map 🗾 update Gold already breakout bullish trend. 2721 -2605 Sellers closed trade. gold recover quickly ✔️ 2658 rejected again test diamond zone 2621 again recover quickly ✔️ Bullish trend 📈. Gold ready for short trade 😀 closed below 👇 Trend 📉 2605 - 2548 don't forget back up trand 😱 if blackout 2648 Next target 2680 ?!!!
Support ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮
Xauuusdshort
Gold fell as expected, making a huge profit of 500pipsThe magic was successfully demonstrated, and we finally met at 2430-2420! In the past two days, I have been emphasizing shorting gold and setting a target: 2430-2420. And the day before yesterday, I also emphasized in the article that shorting gold in batches in the 2470-2480 area, the target is 2430-2420. Today, gold continued to fall, and the lowest has reached around 2404. Perfectly hit our target area, we successfully made a profit of 500pips, a great deal!
At present, gold has fallen sharply and has continuously broken through multiple short-term supports. Now it is not just a correction, but the market sentiment venting and the selling of chips have formed a combined force to stimulate gold to form a new downward trend. At present, gold has fallen below the support near 2410, and the short-selling counterattack has strong potential. At present, there is no technical structure to support the rebound of gold, so I think gold will definitely test the 2400 integer mark. If gold falls below 2400, then gold may accelerate its decline to the 2385-2360 area in the future.
So in terms of trading, don't go long on gold for now; but the market won't give us a good position to go short easily. So what we have to do now is to wait and see! Of course, if gold has a chance to rebound to 2420, we can go short on gold.
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suitable entry to trade XAUUSD for the first day of DecemberXAUUSD
Today, XAUUSD is making its intentions even clearer. First, let's talk about the D1 candle that ended yesterday. After H4 retreated and created consecutive bearish pin bars, + XAUUSD experiences recovery (not decline) due to previous analysis (overall trend is still up, no strong downside force) more likely. waste ). D1 closes the candle according to the above meaning. This is a bearish candlestick, but not bearish. It swallows the previous candlestick and shows the price reaction to the D resistance zone. There may be an imminent decline, but there will be no reversal. H1 – H4 currently have very good increasing power. If the market does not generate a bearish signal in his 2045 price area, H4 will show a significant bullish signal (see below). This 2045 area is the wall of his H1 price channel above, which combines with the H4 pin bar area and sits in the newly created D1 supply zone. A price reaction is likely in this area. But whether there is a reversal or not, we need to see how the market reacts here. In the absence of bearish signals, the bullish force is confirmed and from 2052 he goes directly to the period 2060. ACE can refer to the trading plan on the chart for more details.
Gold crude oil operation sharing
After gold fell from 1965 to 1932, it needed a rebound with a wave structure. The target range for the rebound is the 1945-1950 area. 1950 is also the central axis position of this wave of adjustment. For today's idea, we will first rely on the 1950 position to be bearish. Below, the vicinity of 1932 and 1931 is the weekly support. This position is expected to be a game.
The support is 1932, the pressure is 1945, 1950, and the strength of the market is 1941.
Silver market analysis
Recently, silver has also entered a short position. Silver has plunged immediately. Currently, silver still has room to fall. Today’s thinking is based on the bearish trend of 22.10. Silver is currently weaker than gold, and there will be a need to make up for the decline later.
Crude oil market analysis
Crude oil cannot see a bottom signal, and the weekly line is still very short. The appearance of a cross star and a small positive line on the daily line is a sign of weakness, and it is also a signal of repair. It indicates that crude oil will need to rebound and repair later. The first pressure is to pay attention Near 77.80, go short near this position. The super pressure of this wave is near 80.00.
Operation suggestions
Gold——Short around 1950, target 1940-1931,
Silver——Short around 22.10, target 21.50-21.00
Crude oil——Short around 77.80, target 76.50-76.00
XAUUSDDear Traders,
Today we will be looking at the factors that affect the gold, however, let’s focus on what we are expecting price to do next week. Gold traded in a range of 1920-1928 on friday indicating a low level of interest from buyers and same goes for sellers. In most cases, prices tends to fell more as we will sellers dominance on MONDAY. Once prices drops, it is very likely that it will reach the 1900 region.
Factors that affect GOLD prices:
First one is ‘USD as CURRENCY VALUE’: Gold is typically priced in US DOLLAR, so changes in the value of the dollar can affect gold prices. When the dollar is strong, gold is more expensive for buyers using other currencies, which can decrease the demand and lower the price. Likewise, when the dollar is weak, gold is cheaper for buyers using other currencies which can increase demand and raise prices.
Secondly, Geopolitical events can create uncertainty, leading investors to seek out "safe haven" investments like gold. This can increase demand and drive up prices. Especially, in counties like India where on festive season gold demand increases sharply which clearly out rank the supply.
XAUUSD: Gold operation idea
Gold operation ideas and suggestions: this week's short term, the US data this month basically meet expectations, inflation has declined, the market did not give a lot of feedback after the Federal Reserve rate hike landing, after the release of GDP data, gold fell sharply in the short term, and then rebounded near 1942. From the fundamental point of view, the current data announcement is basically in line with expectations, the market has gradually recovered, and short-term gold is bearish.
From the technical point of view, after the short-term decline in gold, the market did not show signs of changing hands, and quickly rose to near 1961 near 1942, and the single did not break 1961, and first went down to near 1953 after the market opened on Monday, and then began to rise; It is judged that this week will be a range move between 1960 and 1942, consolidating the previous period of rapid decline in volume.
GOLD:sell@1960-1965 tp 1953
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XAUUSD: Sell
Folks, we're back to feeling the NFP thrill this week!
I'll be posting my views ahead of the data, remember to check, for now, let's trade today's market first.
In the 30m chart, its form is a double top, I like to call it M top, its first decline has ended, and a small rebound to test the resistance near 1915, it did not break through, indicating that the resistance is a bit strong.
Now, it is going to test the support of 1910-1907. If it breaks, congratulations bear friends, you will get very good profits. If the support is effective, then congratulations bulls friends, you will get very good profits!
Because today Monday, the U.S. market will not have particularly large fluctuations, but it should be larger than the Asian and European markets. I will give you a few important points, and you can trade based on them.
Support: 1907, 1902, 1896
Resistance: 1916, 1923, 1929
Good luck guys!
XAUUSD-1920 IS THE NEXT TARGETHey Everyone, following our last setup on gold, as we had pointed out that price will come to area of 1970-75 and will reverse from there, price just did that. We now have gap to be filled, however, price have shown no strong bullish intent since the London Session. Strong bearish presence is there as we look in to the price movement and behaviour.
-Either you can sell now with a greater stop loss or wait until New Session Begins. The target will be 1920.
Good Luck and Trade Safe
20 reason for sell XAUUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: most significant time frame yearly base on yearly gold is in a bull trend but currently in a corrective phase
2 📆Monthly: higher low /lower low formatted bear trend current candle is a retracement candle and also filled out discounted area of monthly time frame
3 📅Weekly: extremely bearish in weekly now in a corrective phase and also fill out extreme Imbalance area or FVG gap take a resistance here and also formed and key reversal weekly candle bear trigger event also occurred everything favour of bear right now even no volume on the weekly chart
4 🕛Daily: a bull trend but a strong resistance at weekly and daily ob after its price also gives us a country reversal with the lowest volume and a vital reversal sign
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: Counter trend with low volume
7: 3 Volume: dried no volume
8: 4 Momentum UNCONVENTIONAL Rsi: At a decision area around 60
9: 5 Volatility measure Bollinger bands: double top m pattern with a most substantial volatility divergence
10: 6 Strength ADX: Dmi cross over excepted for bears
11: 7 Sentiment ROC: equal
✔️ Entry Time Frame: H4
12: Entry TF Structure: Established bear
13: entry move: a considerable doji wait for an impulse move
14: Support resistance base: 1801 to 20 is a substantial resistance price already rejected
15: FIB: trigger event
☑️ final comments: if the price break the 1751 area, we go with bear
16: 💡decision: sell
17: 🚀Entry: 1790.5
18: ✋Stop losel:1801/1810
19: 🎯Take profit:1715
20: 😊Risk to reward Ratio:1:5
🕛 Excepted Duration :7 day
GOLD GOING DOWN TODAYThe XAUUSD entered a correction phase while being on a downtrend, it bounced on the descendant triangle, and the MA50, and also a key level!!
What to predict?
By the opening of the NY session, the market will break the parallel channel, and go all the way down to the next level to continue the downtrend!
(i've took my position earlier today, but it not too late to make your entry!)
GOLD - SHORT#GOLD
Here Is The Possibility On XAUUSD
Market In Correction Area
Wait For Big Entry For Sell