With NFP adding 257k jobs last week Friday the greenback increased by 1.23% which correlated to further oil decline after supply stood their ground a week prior. As price approaches a major support level at 73.58, a rejection would see buys towards 76.70-77.43 range if price fails to break 72.43 If 73.58 holds as a major resistance and price breaks 72.43, I see...
$XAUUSD TF M15 Buy now or set a buy limit in the gray zone. If drops below the last low will cut the loss and may buy back again around 1900-1902
I do expect XAUUSD to reach 2023.00 for 2023. its a rumour on wall st i am buying into lets see what happens through out the upcoming months.
Entry: 1836 SL:1850 TP1:1750 TP2:1650(???) RR(TP1):6 RR(TP2): 17
Hello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The price reached first target 1784 and the second 1805. For now under resistance but I think it has the potential to break and go to the next target 1830. Good luck. If you like the idea, do not forget to support with a like and follow me...
XAUUSD (GOLD) hows now broken a key-level 18.25 and touches 18.30, looking recent patterns we can see when gold breaks highs it tends to consolidate, so now seems the time be patience and allow XAUUSD(GOLD) to go east for 1-3 days. We could see gold retest 18-18.15 if it doesn't want to become bearish and remain bullish we could see it test 18.5 .
Our priority scenario in GOLD is a medium-term decline in wave (5) first targets at $1745 and $1700, a fall to these levels will confirm our view. If the price of GOLD rises above $1820, we will change our markup
#XAUUSD next week BAIS. After breaking the local support and retesting at 0.5 fib level. I'm anticipating a drop from 1755 to 1702. A lot of imbalances needs to be filled. So, I'm overall bearish for the coming week. #Note, this is not a financial advice!
🥇GOLD time to make a profit 🥇Post is a continuation of my post on gold in which I announced a correction: 🥇This time it is time for an update and in my opinion we will continue the decline. 🥇I set the support zone by the 0.382 level of the whole upward wave. 🥇I determined the resistance zone based on past price reactions. 🥇There are 2 scenarios that can play...
Hello friends 🙄 This is my trading setup. I predict that the price will break down in the FVG areas and fill those areas and go up again.
good rrr prefect for short . have fun . u can sell down there ... on 1:2 or 1:3 . my desition is final . make comment below if u like it or any suggestion maybe ?
We tapped into a higher time frame supply zone and sellers came in hard and caused a choch on the 5min timeframe. im looking to sell it once price comes back into the supply zone responsible for the choch. Then take profit at the first demand on the way down.
DXY, showing signs of reversal. which may send gold to key zone 700.
Considering that September is often the month of weakening of gold and according to the published statistics from NFP on Friday and the upward movement of gold on Monday, gold started its work with a fall, and is waiting for Mr. Powell's meeting on September 8 and the decision Federal Reserve Banks
This is what I have learned from YouTube past 2months, if there are any mistakes please correct me. (: #mypointofview
So as i indicated there was a strong rejection at 1690-1700 area. Im no expert but looking at the upcoming Fed news could influence it further to reach back its demand zone. But now the same low.