Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#XAUUSD Trade Idea .........................................................................
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2305 resistance and 2285 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2305 to further open the range above or a rejection will follow to...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2313 resistance and 2290 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2313 to further open the range above or a rejection will follow to...
Hey Everyone, Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea. Previously we saw the anticipated retracement take place and the price test support at 2325 Goldturn inline with the channel half line. However, Ema5 5 remained above 2325 confirming the bounce, which we were able to track...
Hey Everyone, Our last update on our monthly chart. we completed all our Bullish targets after breaking out of the ascending channel We then stated that we also need to keep in mind the detachment below highlighted in circle and may need a correction on the top of the channel to form support for a bounce and continuation above or a break back into the channel...
A 4 hour forex trading strategy is a trading method that focuses on using the 4-hour timeframe to analyze the market and make trading decisions. It is a popular approach among traders who prefer a longer time frame but still want to take advantage of short-term price movements. iTs mean monday target 2305 or up..! Follow dragon for new targets new ideas!
We dive deep into the recent movements of Gold (XAUUSD) following the release of the US Nonfarm Payrolls (NFP) data. On Friday, Gold initially surged to the $2,310 zone after the NFP numbers missed markets' expectations, signalling a cooling jobs market. However, bears quickly took control, pushing the price back into a demand zone identified on the chart. The...
Yesterday, the price of gold soared rapidly due to the impact of the U.S. unemployment rate in April and the seasonally adjusted U.S. non-farm payroll data in April, but the price quickly returned to below the downward trend line. The price still rebounded in the later period, but did not break through the downward trend line. This shows that news events only...
XAUUUSD tried pushing up during NFP But got rejected at the 50 SMA at 2320, now price is trapped between the 50 and 200 SMA holding in the downward at 2286. currently am taking a bearish bias because of the descending channel formed. Am waiting for price to break 2286 area then we sells all the way to 2198
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
Gold has been bearish for past two weeks and I expect it to continue it bearish momentum till around 2220 - 2230. Howbeit price is likely to push to the upside to take out Liquidity engineered close to my AOI. I will looking for short from 2358 - 2362(The red zone) and TL to 2280,2265,2225 will be my profit target. But if price breaks the Trendline, I will be in...
we think gold wants to go down, but it's so hard to just go down because gold always has some moon defender.
Perseverance without direction and purpose is futile. Many things require us to have a clear direction and purpose, and then perseverance will make sense. In daily trading, we need to have the right direction, and then work hard to stick to it, and success will be within reach. The 4-hour moving average of gold is still in a short position. Now the...
Hi, traders. Last week, candlestick broke below 5MA again, and 5MA itself has clearly fallen below 20MA. Since candlestick is above 100MA, I believe the price will still rise in the long term. However, unless candlestick clearly breaks above 5MA, the price is expected to decline in the short term. # Current order of the candlesticks and MA lines 20MA (blue) >...
With the current outlook on Gold, I have two POIs for the Possible sell continuation. :. 🚨🚨🚨STAY SAFE - Use Proper Risk Management and Trade Management ⚠️ Please LIKE, COMMENT and FOLLOW for future analysis⚠️
The XAU to USD exchange rate is forecasted to decrease by -1.56% in the next 24 hours, dropping from the current rate of $ 2,303.44 to $ 2,267.42. Currently, the sentiment in the XAU/USD market is estimated to be bullish
After gold created a shift in market structure on the HTF, it has given us multiple BOS to the sell side. On the 4H, the first BOS left an unmitigated Sponsored Candle (SC) which is still a possible area for price retracement. Currently, the NFP gave us a new BOS while still respecting the existing 4H Demand Zone which is countering the trend. A break of the...