mohammadsomeaneshin

mohammadsomeaneshin Updated 

my idea about gold is dollar weakening and a bullish movement on gold. i put pending orders

mohammadsomeaneshin

hi everyone. as we know today we have CPI on USD, my idea about the inflation and CPI is weakening USD. so i am preparing to enter a long position on gold if price reaches my entry point. lets see how the market reacts.

mohammadsomeaneshin

everything is obvious. lets see how the market goes

mohammadsomeaneshin Updated 

hi all, today we have some good news on USD, Final GDP q/q 1.4% 1.3% USD Unemployment Claims 236K 238K USD Core Durable Goods Orders m/m my bias for USD is better than previous numbers, so , we may see gold drops. lets see how the market goes

mohammadsomeaneshin

what Im looking for? if this candle formation shows up, i search for a nice and safe entry point for selling Gold. but, today we have JOLTS on US Economic Calendar, so Fundamentally, I know that a huge Bullish movement on gold may happen in around two Hours, so until then, i search for a better entry point for a nice and safe Scalp.

mohammadsomeaneshin Updated 

just observing the market, if price reaches 2312.600, and breaks below yellow line, i wait for a nice retest or retouch on 15 Minutes Time frame, and enter sells. lets see how the market goes.

mohammadsomeaneshin Updated 

the price is continuing it's bullish trend, but we also see that the bullish trend broke on august 9th, so it can be a simple retracement or a simple continual movement, blue path is more logical because of wars in middle east, some European countries may involve themselves with speeches or military movements and cooperation etc. for swingers , its a good...

mohammadsomeaneshin

no more details needed for this analysis. just observing for trigger.

mohammadsomeaneshin

as we know, today we have several news coming for XAUUSD, Industrial Production m/m and also "FOMC Member Jefferson Speech". MR. Jefferson most of the times makes USD weaker a bit and today we don't pay attention to his speech literally, but for FOMC Mr. Power, we should be aware for these two scenarios for gold. price is still in a bearish move, until retesting...

mohammadsomeaneshin Updated 

as we see we have NFP, and my bias is bearish for gold. lets see how the market goes.

mohammadsomeaneshin Updated 

lets see how the market goes, use small risk, if you want to enter buys, just wait for the price to reach 2039.44. otherwise, do not enter any long positions. have a nice day

mohammadsomeaneshin Updated 

in about one hours and half, we have upcoming news on USD, the "New Home Sales", it may make USD weak, because on WSJ, I read some bad articles about new home sales, i think it can make the gold bullish a bit, on the other hand we have a new resistant area formed around 2015.42 which i think can hold the gold price below. if the price successfully break 2015.71,...

mohammadsomeaneshin Updated 

as we know today we have jobless claims, and i think after the meeting news with Hamas and Israel, Israel-Hamas Deal Hinged on Proof-of-Life Evidence, so here we can be bearish on gold. lets see how the market goes with both USD getting stronger and the war comes to the end finally. who knows? use small risk

mohammadsomeaneshin Updated 

lets see how the market goes. use small risk, news trading is not easy.

mohammadsomeaneshin

First scenario: as we know today we have unemployment claim results in about an hour, we also had dollar weakening by yesterday's ADP news, which was 89k. gold is still in a bearish move, but we can expect more unemployed people since previous actual results, so, gold may have some bullish potentials and may reach 1826.00 by this economic news, my bias on USD...

mohammadsomeaneshin Updated 

as we know today we have Average earnings m/m in about 30 minutes, the forecast for average earnings are still around 0.4% but, as we know we had bad news on ADP for us economy on yesterday, there is a stability potential for the same results on average earnings, therefore, we also have unemployment rates today, showing the exact number of 3.5% , which is a bit...

mohammadsomeaneshin

as we know today we have unemployment change, we are looking at 236k forecast, it seems that dollar is still weakening and my bias on gold is still bullish. we wait for the price to easily make a new support area around 1945-1946, and after that with news results coming, it may reject 1945 and go right above 1948.20. so i may put some pending orders above my...

mohammadsomeaneshin

as we know the monthly candle is close to close ;) so we should know that the movement in lower timeframes are not that much certain, I mean we may see some sort of bullish movements, but it may be temporary and price can make the higher shadow of the monthly time frame and fell down at once, so we should be aware of this movements. i am waiting for the mentioned...