I've seen a bit bearish flag on $Gold, if this materialize I'll hold my short entry till the next support. It's just my bias not a financial advice/sell signal. TAYOR, may the pips be with us!
Hello traders, After massive push down for XAUUSD. We see clear supply zone between 1759-1763. I will look for nice rejection from this point to be able to go short bearish. My RRR is 4.7 and target 1726. Please support this idea with like If you find it useful. The information given is not a financial advice. I'm just sharing my ideas regarding on my...
Because of the bond yield and gold divergence, as well as the excellent US NFP data announced last week, I believe there is still room for gold to fall further. So, with a stoploss of 1775, plan to short gold between 1758 and 1760, aiming for the triple bottom level of 1674.09 or the lower low level of 1659.53. Happy trading, everyone!
How low may gold go when yields recover from their recent lows?
As we can see, the price experienced an attractive fall after the release of the unemployment rate and NFP, which was very good, now the price is on a good support, which is the level of 1750 to 1760. Now in the coming week we expect a slight increase in the form of pullback to the broken level and also the psychological resistance of $ 1800
we have a sell posision at gold for nett brake the line
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ On Jul 30 I posted an idea about the XAU/USD price with 2 different scenarios, and I explained about the Ascending triangle and what would happen in case of a breakout,...
supply n demand trading based setups
Hello Friends, Here on GOLD we have a crash in the early morning today after which Gold come back where it closed the last candle before week. So Here first we have a zone as its resistance, below is a bearish zone & above it is a bullish zone. Firstly we are into bearish zone as after rejection it should go-to test that rejection which we can say double...
Hey traders, here is the analysis for the XAUUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. (Disclaimer - This is not financial advice)
Hi Guys As you can see we had 3 breakouts in H4 technical chart and Descending Candle in Daily chart and If we look at carefully H4 timeframe we can see candles breakout one of the most important Weekly support trend line . In my opinion the price will go up to 1753.482 and after touching the price, I will wait for a good candle stick formation in H4 timeframe ,...
Hello! Gold reached my intermediate target of 1700. The next target according to my idea is from July 1640. However, after reaching the intermediate target, a slight correction is possible. After a short pause, the downward movement will continue. Information provided is only educational and should not be used to take action in the market
Hello! As I pointed out in my previous ideas, the price of gold is going down. And recently, having reached a strong horizontal resistance, she again fought off it. Thus, a double top is formed. My second goal of 1700 remained unchanged. The first goal was reached earlier. Information provided is only educational and should not be used to take action in the market.
Gold is in a decision position Gold can re-enter the waning wave enter : 1760 tp : 1689 sl : breakout bar 1761 good luck
Hello! As you can see, gold is moving towards the goals set by me back in July. Earlier, I noted strong weekly resistance on the chart and that is where the correction ended (indicated on the chart). Now the price has stopped at one of the trend lines. I don’t think the price will stay here for long. The next interim target will be 1700 on the way to...
As I said in yesterday's commentary, Gold can enter a bear market. The Monday's open was incredibly bearish, with a huge gap. Now it looks like XauUsd is trying to fill this gap and this can offer us a good opportunity to sell into trend 1750-1760 could be a good place for sellers to open their positions.
Hello traders, We got push to the downside and almost reached the support-demand area. I will look for nice rejection candle on lower time frame around 1758-1755 and then I can go for short. My target is going to be 1787-1790. Don't forget to watch it carefully for rejection candle If we don't get it The trade is invalid. Please support this idea with like If you...
As I post before gold weekly analysis, I still stand my opinion gold still bearish for long term. 1-3 month later. For short term bullish for correction. Reason - Price still above the strong trend line . - Price below weekly fib 0.382 as our resistance still retest the price. - Triangle pattern on the wedge. - I know inflation on US, but before strong grow up, I...