buy gold (xauusd)with simple trend lines we can see the bullish up trend use smaller time frames for entries please like and follow for more trade ideas.
Buygold
Corrective Gold Almost Done!Gold is completing a possible scenario after a big consolidation took place in a triangular format.
we can easily target 1870 then pullback might happen before any surge and new highs takes place.
this scenario is still my favorite with stop loss below 1740 if you consider risk to reward ratio the trade is awesome!!!
XAUUSD 4H - LevelsEnd of day update:
We saw a strong resistance at the 1830-35 region as we suggested in the KOG Report and managed to get a nice short into the 1815, 1810 and 1800 levels. We’re now removed a majority of the trade and set the stop to entry just in case we achieve our lower immediate target of 1785. We are now looking for a small push up with the first initial level being 1806-8 and above that 1812-14. . We want to see how the price reacts at this level and whether we face resistance. If we see resistance here we’re on for our target level of 1785 and below that 1777 which was a previous key level. We have illustrated what to look out for and the levels to trade between.
Please have look at the linked chart which shows the range and how the price has now come back into the box.
As always, trade safe.
KOG
GOLD Breaking-out, FINALLY#XAUUSD is breaking out on on the 15min chart, LUX Algo just printed a STRONG BUY on the 4 hourly.
It's good to see Gold buying while the equity market is on a big green day!
Trade:
Entry: 1792.86
Target: 1802
Time frame: 1 day
Boom,
@theRaggy
XAUUSD ShortHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1785 zone, once we will receive any bearish confirmation the trade will be executed.
above is an update about our gold trade, we were long today from 1771 zone and we took profits around 1784. so now we might consider banking profits on gold at the rally and the drop.
XAUUSD LongHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportuntiy around 1771 zone, once we will receive any bullish confirmation the trade will be executed.
Trade Safe, Joe.
buy goldupdate on my previous gold analysis :
for the first analysis , stop loss was 900 pips away from my entry. same setup but this is on a 4hr time frame. stop loss also adjusted to last week's low after falling wedge confirmed wave 5 of C has completed. stop loss now adjusted from 900pips to 200pips. TP is over 6000pips
apply risk management and best of luck
BUY GOLDGold is currently in it's fifth and final wave with wave IV ending on march 2021. Fifth wave of gold looks extended hence it's going to take years to reach target. price is currently at wave 2 of (3) of V. wave 3 might begin soon.. probably during or after NFP. stop loss is around 1678. also price is at 50 % of wave 1 of (3) ... 61.8 % is also likely but not much of a big difference... risking 90points for 650points
XAUUSD LONGHey Traders, in this week we are monitoring XAUUSD for a Buying opportunity around 1775 Zone respecting the bullish trend in combination with the strong Demand and Supply zone. Once we will receive any bullish confirmation the trade will be executed!
Remember always to use a small lot size on gold comparing to the normal lot you use on forex pairs. because XAUUSD movements are violent and it's easy for gold to marginate your account if you have a lack of money management strategy.
Trade safe, Joe.
Gold LongHey Traders, today we are monitoring XAUUSD for a buying opportunity around 1780 zone respecting the bullish trend and the strong supply and demand zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe and remember to use proper risk management with gold, because gold movements are so violent comparing to other forex pairs and it's easy for gold to marginate your account if you don't use the right money management plan.
Joe.
Gold on Buy Hey bulls we have seen some volume entering the game now, gold is on its way to 1900 $
on the volume indicator, I see some banks and big financial institutions put some liquidity to the market, XAUUSD is about to reach 1900 -1910 resistance area, the US retail sales MM previous was 0.8, the forecasting is 1.4 the actual is 1.7
The broad-based gain in spending highlights how elevated savings and rising wages have helped Americans sustain a robust pace of merchandise spending. Though total retail sales are well-above pre-pandemic levels, a recent inflation-driven collapse in consumer sentiment risks a future tempering in demand.
Results from Walmart (NYSE: WMT) Inc. and Home Depot Inc. (NYSE: HD) earlier on Tuesday showed households are broadly maintaining robust demand for merchandise even as higher inflation squeezes purchasing power. Comparable sales at Walmart in the latest quarter exceeded forecasts while home-improvement retailer Home Depot reported stronger-than-expected results.
I see the market maker tend to safe haven for this period of the pandemic.
Gold SetupGold is trying to complete a triangle near 1740- 1760 Level before any surge might happen towards new highs.
XAUUSD UpdateHey Traders, XAUUSD already did hit the target we were waiting for.
in today's trading session we are monitoring XAUUSD for a possible pullback around 1794 zone. once we will receive any bullish confirmation the trade will be executed.
Trade safe and use proper risk management. especially with gold because the movements of commodities are more severe comparing to forex pairs.
Joe.
XAU USD Bullish trend begins first target is 1900 $Hey bulls, we have seen the Core Consumer Price Index (CPI) has made a bullish signal to the gold price, the actual is 0.6% the previous was 0.2%
Nov 10, 2021 .
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The U.S. Initial Jobless Claims
The actual is 267K the forecast was 265K the previous was 271K Nov 10, 2021.
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1870 - 1865 is strong resistance, I expect to see the price retrograde from it, as you can see as highlighted in the chart, but still going up to 1900 - 1910.
I expect to see some previous bulls will take some profits, so the price will slow down, new bulls will enter the bullish rally for gold next few days
we can enter a buy position and wait for some news at 15/11 - 16/11 news.
I prefer to strengthen our position at 1835 - 1830 with a buy order, just in case the price makes high volatility.
XAUUSD longHey Traders, we got stopped out at gold short by breakeven, i've noticed that gold have done a breakout of 1834 zone, so now we'll consider jumping long around 1834 zone.
Trade safe and use proper risk management.
Joe.
Gold Pullback is a trap!!do not sell gold we are expecting a pullback from current levels or from 1830 level, however we will be looking to buy the yellow metal near 1794-1787 area
i see this wave as an impulse with 5 waves up.
Xauusd want to hit 1820 zone We need to wait gold hit that zone, After that we can Sell it (Big short)
Gold is Coming to an End !!!the side ways movement in gold is coming to an end and the triangle is almost done,
either we see a bounce from current levels and we get the activation by breaking 1793 level or we get a pullback to 1740 level to complete wave C of the triangle
but in both ways any retracement is a buy Signal.!!
Complicated Gold ScenarioGold might be preparing for a complex corrective wave that means the buying area will be near 1740/1748 levels.
don't get me wrong this scenario might not happen and we might see a surge in gold from current levels but you need to calculate the risks of a possible pullback.
1856 is a medium term target with current uncertainty in the capital markets- inflation- stagflation and earnings season.
BUY GOLD (Daily timeframe XAUUSD)Just an idea
XAUUSD is still in its uptrend channel and is retesting the down channel.
Gold Buy Signal!!Gold proved several times after completing the downfall and targeting 1680 as a double bottom that the retracement at the first place from 2073 dollars an ounce is still corrective.
all the advanced yet the classical technical analysis is showing a momentum and a possible surge in gold prices in the medium to long term.
lets not forget the inflation effect on gold definitely on the long term not short one.
CPI figures, not the best job reports and many more.
new highs will be seen in gold sooner or later with a target of 2350$ an ounce if broken 2590$ as a 2nd target.
