mohammadsomeaneshin

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 

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 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...

mohammadsomeaneshin Updated 

today we have unemployment claims, these to scenarios may happen. wish you luck, you can put buy stop and sell stops on both sides, aware of slippage.

mohammadsomeaneshin Updated 

if price makes a new support, after forming a new higher high, i think about buys, otherwise, i just observe.

mohammadsomeaneshin Updated 

as we know we have CPi news on CAD, today we also have France and Italy bank holidays, Most of the liquidity of European Countries aren't involved in the market, if CPI gets a new record of strength , it may make dollar weak on USD cad, USD weakening is also comes for bullish movement on gold. on the other hand we have a positive forecast on CPI m/m on CAD, i...

mohammadsomeaneshin Updated 

you see? price is still ranging between 1915-1913, Goldman Sachs economists said that interest rates may get lower, which may change the financial situation of US Dollar, chart is still waiting for NY volume coming up, changing interest rates and China50 stock market bearish move, seems to start a bullish movement on Gold. I am expecting a break over 1915, form a...

mohammadsomeaneshin Updated 

as we see the price is waiting for CPI and unemployment claim results, previous Unemployment claim was 227K and the forecast is 231k, it means that we may have more unemployed people in USA, and the dollar may get weaker, this makes GOLD bullish and technical chart potentials is showing us we may hit 1930 if the news goes this way, CPI and unemployment claim...

mohammadsomeaneshin Updated 

as we know, yesterday FOMC statement made a 0.25 higher interest rates, which forced gold to start a new bearish move, today we also have unemployment changes and GDP on USD, Monetary policy for EUR (affects gold) both USD news are changing my bias for gold as a bearish momentum, lets see how the market goes with news. wish you luck, ( if you have a sell on...