GOLD.18/05: Prosperity for buyersTVC:GOLD Gold (XAU/USD) prices wound up at a three-week low, raising bids to print a slight gain around $80 in the early hours of today's Asian session. In doing so, the XAU/USD bears will get some steam after falling for the past two consecutive days due to the lack of key data/events. Even so, expectations about the US being able to ease its debt limit and join the US Federal Reserve's (Fed) negotiations are putting pressure on Gold prices.
Accordingly, the yellow precious metal could drop to the 50% Fibonacci retracement level of the March-May rally, around $1,950, before testing the 100-DMA support at $1,930 and the Fibonacci ratio gold, 61.8% mark, about 1,915$
In case Gold price still falls past $1915, the possibility of witnessing a drop in XAU/USD cannot be ruled out.
Additionally, the Gold price rally needs to sustain beyond the bottom of the stated triangle $2000, quickly followed by a circular resistance at $2,010.
Even so, the 23.6% Fibonacci retracement level and the top of the aforementioned triangle near $2,020 and $2,055 respectively will be in the spotlight.
BUY GOLD 1984 - 1983
StopLoss: 1980
Take Profit 1: 1989
Take Profit 2: 1994
Take Profit 3: 2000
Buylimit
GOLD 11/05: Scalp ahead of tonight's PPI newsTVC:GOLD Gold prices increased their bid to refresh the intraday high near 2,035$ early Thursday, reversing the previous day's retracement from a one-month-old horizontal resistance. Precious metals benefit from broad US Dollar weakness.
The XAU/USD pair maintains a neutral to bullish view in the daily chart. The pair is growing above all of its moving averages, although the 20 Simple Moving Average (SMA) has lost its positive momentum, currently hovering around 2,010$.
The 4-hour chart shows that XAU/USD holds above the bearish 20 SMA, while the longer moving averages are not below it. Technical indicators head south but remain neutral, not enough to confirm another drop. Gold could extend its decline, but buyers are likely to reappear around 2,026$ as the US Dollar's current strength may be temporary.
BUY GOLD 2026 - 2030
Stoploss: 2022
Take profit 1: 2033
Take profit 2: 2037
Take profit 3: 2043
SELL GOLD 2045 ́2048
Stoploss: 2052
Take profit 1: 2040
Take profit 2: 2035
Take profit 3: 2025
Gold Price Forecast: Uptrend XAU/USD upbeat ahead of CPIGold (XAU/USD) cheers US policymakers unable to give any commendable signs of debt ceiling as the yellow metal re-establishes weekly highs to around 2,038$ around the press time point. In doing so, XAU/USD also benefited from a softer US Dollar ahead of all-important US Consumer Price Index (CPI) data for April.
That said, XAU/USD is currently aiming for a mid-April high swing around 2,048$ before reaching a February 2023 high near 2,060$. However, the recently refreshed all-time high of around 2,080$ and an upward sloping resistance line from late March, near 2,088$, quickly followed by the rounded figure of 2,100$, could be challenge those who buy Gold then.
Conversely, a one-week ascending trendline near $2,017 is ahead of the $2,000 psychological magnet to limit Gold prices short-term declines.
Accordingly, the convergence of the 200-bar Exponential Moving Average (EMA) and the previous resistance line from last Wednesday, near $1,989, will be important to watch as it holds the key to a further downtrend. more of XAU/USD.
BUY TVC:GOLD : 2026-2024
STOPLOSS: 2018
Take Profit: 2030
Take Profit: 2035
Take Profit: 2045
EUR/USD keeps range below 1.1000, looks to buy ahead of CPIThe EUR/USD pair is struggling to extend its recovery above the 1.0980 immediate resistance at the start of the European session. The pair has felt the downside pressure as the US Dollar is seeing some renewed buying interest ahead of the important US CPI data release.
The EUR/USD currency pair has dropped below the 20-day Simple Moving Average (SMA) for the first time since mid-March. While the main bias remains bullish, the Euro is currently lacking strength, raising the risk of a deeper correction. To open the door for further upside, the common currency needs to have a daily close above 1.10150 or a firm break of 1.10530.
Ahead of the Asian session, EUR/USD is showing a bearish bias, but it has found support above 1.0952 and the 200-period SMA on the 4-hour chart. However, a drop below this level could increase downside pressure, exposing the next support around 1.0927. If the pair dips below 1.0905, it can cause volatility and accelerate the price decline.
FTM Gartley Pattern 🚀🚀 Mid-Term BINANCE:FTMUSDT Hi traders
Waiting for Buy Box Area. We have 3 targets in mind, 0,4368$ (tp1), 0,4808$ (tp2) and a final target of 0,5518$ (tp3)
This analysis is for mid-term buying.
This is not financial advice ( DYOR )
Good luck
OCEAN Bullish driveHello traders!
Welcome back to another trade with Analyst Aadil1000x.
Today we are taking risk in high-volatility pair. We are setting a buy limit at the key reversal area. We can see a breakout and strong support in the key reversal area.
Ocean Buy limit @ 0.3409
Stoploss 0.3327(-2.38%)
Target 1 0.3514(+3.05%)
Final Target 0.367(+7.62%)
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Aliceusdt: Buy the breakoutHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Normally we always look for short after a breakout but this time we are going to buy the breakout because of the angle of the broken trendline.
Alice Buy Limit @ 1.620
Stoploss 1.593(-1.68%)
Target 1, 1.671(+3.15%)
Final Target 1.73(+6.79%)
DOn't forget to hit the like button and follow to stay connected.
POSITION TRADING: USDCAD BUY LIMIT ORDER. TARGET 1.40600TRADE TYPE: BUY LIMIT
TRADE DIRECTION: LONG
TIMEFRAME: MONTHLY
ENTRY PRICE: 1.33000
STOP LOSS: 1.25400
TAKE PROFIT: 1.40600
RISK TO REWARD: 1:1
ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone. stop loss ideally placed below swing low.
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
Buy Limit,Sell Limit,Buy Stop,Sell StopHello dear traders,
Pending orders are sometimes confusing, especially for beginners. So in this I have explained my technique how you can easily understand how to place
buy limit
sell limit
buy stop
sell stop
Thank you and press the like button if you enjoy this content
Is It time to buy Gold ?After Zigzag corrections and drop below 1890 (as scenario A link below)
Buy zone which I found.
A. 1875 zone
B . 1843 - 1857 zone (1843 will meet trendline too.)
you will see large buy limit zone.
It is risk to place order now.
I will place buy limit at 1844
and wait to see its pattern after this again.
If Gold can break green dotted line, I may buy after break up too.
GBPUSDHello Traders
#GBPUSD is currently on its weekly support area and it can make a reversal pattern on 4h time frame
our suggestion position from here is a buy limit that makes a good profit for all of you with 10/1 R/R
enjoy that.
⚜️Type: Buy Limit
🎚EP: 1.3000
✅TP1:1.3056
✅TP2:1.3106
✅TP3:1.3161
✅TP4:1.3298
⛔️SL:1.2978
GMTUSDT True reversal point 2.20317Hello traders!
The true reversal point is not a support and resistance, it's a whole new level of trading. This is a method that can crack the exact figure of reversal. The market will not go lower or will not reverse a little above it but it will reverse exactly from this figure. The reversal point in GMT is at 2.20317.
In some cases market can also break this level. Trading is all about probability and the probability of breaking down is 2 out of 8. If the market breaks this level and moves below it then this level will turn as resistance and will push the market more downside.
Don't forget to hit the like button and follow to stay connected.
Examples of true reversal point,
BTC 34500
SOL 74.88
Another Chance To Buy NZDCHF | How To Refresh Your AnalysisSometimes price will not respect your analysis and thats ok. This is not the time to back away from the pair, but to follow the new movement. In this video, I am showing you how I update my analysis quickly and how I tend to set my pending order for a buy.
NZDCHF Pending Order Took Profit! Here Is Why…Pending orders don’t just work well for traders with busy schedules. They can help you if you:
1. Can’t manually place orders at a certain time or time session
2. Get anxious wondering what’s the best candlestick to enter a trade
3. Know where you want to enter a trade but can’t always make the time
4. Have a hard time pushing the button
As for me, and this is being real, I’m overcoming anxiety and sometimes my anxiety can keep me away from my computer. So, this past Sunday, I set pending orders on NZDCHF along with other currencies and it paid off.
NZDCHF made a new high on the 4 hour timeframe. I placed a buy limit pending order above the higher low on top of my estimation on zone and set my Stop loss at the Lower low. My take profit was placed back up to the high.
Managing the trade:
My trade went into a bit of drawdown, but not much. I’ve realized after years of trading the stop loss is protection from drawdown and if I’m stopped out I need to trade in the opposite direction. I saw the trade through and it took profit.
This pending order worked out well.
Qtumusdt: Bears are exhaustedHello traders!
Previously it was a beautiful drop for those who knew about the drop congrats to them as I already told you In BTC that the Market is about to fall and that was the peak of this dump. but now it looks like bears are tired and will leave the Market soon. Bulls will jump in exactly from our Buy entry.
The buy entry is at 6.425, it's the bottom of the current low.
Stoploss is at 6.30, it's about -2% of the investment
The target is at 7.4, it's about 15% profit and I will suggest you use 12x leverage.
The target is the first low before the dump and expecting that market will hit it now. The target is about 1:7 so it will be a great trade.
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Gold 25/01/2021 Buy Limit Setup ForecastIt is a long wait i believe
we can see the price is falling in a descending channel after a high rise on it bullish ATH
now it is the time to retrace and soon we will face an accumulation start to form
i have specified all the levels with Fib and past supply and demand zones
this is mostly for internal use
please comment your idea if any