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Gold (XAU/USD) Short Opportunity - 1:10 or 1:5 Risk to Reward.Hi Traders, Above we have my idea around gold and the possibilities of a short opportunity. We have seen gold trading above it's equilibrium, having followed the DXY and in what is considered a low demand period. We have a possible rising wedge pattern forming as well as a strong order block shown by the increase in volume on the right hand side. We are also trading higher but making a lower pivot on RSI showing a possible divergence on the 4H chart which is known to be a strong indicator of a possible reversal, especially on this higher timeframe. COT showed majority retail traders short from 40-45, with this liquidity grab we could now see the bias of Commercial Traders swing to short from this key level. This level is also testing the trendline on the daily chart: I have shown my thoughts around a 1:10 and 1:5 risk to reward. Risking 1% for a 10% or 5% reward / 10% for 100% or 50%. Key Fundamental Drivers: Rates - Wednesday 26th Jan @ 19h00 GMT Fed Press Conference - Wednesday 26th Jan @ 19h30 GMT GDP - Thursday 27th Jan @ 13h30 GMT Let me know your thoughts and give us a like!
OANDA:XAUUSDShort
by Username_for_trading
13
Will Crude Oil Break $85?Crude oil is seeing bullish momentum in price following the pullback we saw between October & December 2021. Price pulled back to the weekly 50 simple moving average where it found support and has seen a nice impulsive move up this month. Since the low that was formed in April 2020, where the price of oil temporarily reached $0, there has been an uptrend in play, forming higher highs and high lows. Despite the pullback in December being the deepest during the recent trend, it still managed to avoid breaching the previous low formed in August 2021. This is another sign we are seeing a bullish trend in play. We are now anticipating a breakout of the recent high at $85, and if this level is broken, we could see price reach the $100 round number. As for now, we need to let price dictate the next move. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:USOILLong
by Sublime_Trading
XAUUSD SHORT TO 1736 (ENTRY 2)This here is a sell to buy trade. I am already in a sell from 1829 so this will be my second entry. I still expect one more wave down towards 1735-1710 in order to grab liquidity for the year. After that move is complete, Gold will be ready for its yearly Bull run. Possibly even possible to create a yearly high now that the long term correction is about to be finished. If you look back on my profile and see my further analysis, this here is an ALTERNATIVE ANALYSIS. My main analysis is Gold shorts down towards 1570. I will be catching this move on behalf of myself & my Account Management investors. All my socials are available on my TradingView profile.
SAXO:XAUUSDShort
by BA_Investments
2
GOLD SHORT FROM 1856 (ALTERNATIVE ANALYSIS)If you go back on my page and look at my previous analysis, you will see that I am already in a sell from 1829 and running in decent profits. However, Gold is currently giving mixed signals with its consolidation and slow market moves. If Gold pushes up from here, my alternative analysis would be to short it from 1856 down towards 1740 as my FIRST target. All my socials are listed on my page. I will be catching this move on behalf of myself & my Account Management Investors.
OANDA:XAUUSDShort
by BA_Investments
Gold Go down first and then go up fastMonthly in Red, Weekly in Blue, short term(8 hours) in Pink and 45 mnts in Black Very simple case. We are in a stage where the probability of going upward is high. But this idea is about 45 mnts Eventually I see the gold at 1832 but shall we take every drop of water available, of course yes when possible. Because it has run fast 1750 to 1814, it must retrace towards 50% and 61.8% of 45 mnts which is in Black and with a support from weekly fib level 23% around 1775 area. Agree so far??? What next? once it reaches 1775 area, No evaluation is needed because it will then try to go to the confluence of weekly , monthly and daily fib level which is 1830. Please let me know what you think. gold is considered as complicated, is it really?
OANDA:XAUUSDShort
by letslearn
4
GOLD - Wyckoff Price Cycle!Hello TradingView Family, this is Richard, and if you like this idea, kindly support with a like or a comment. I found GOLD chart as a great practical example of Wyckoff's Theory. GOLD is overall bullish trading inside the brown channel and it is currently sitting around the lower bound/brown trendline acting as non-horizontal support. So we are looking for trend-following buy setups. Unless of course, the bears manage to break below 1750, which would invalidate the idea. As per Wyckoff Price Cycle, we are currently in an accumulation phase. For the Markup to start, we need the bulls to prove control by breaking the blue channel upward. As per my trading plan: Since the blue channel is already valid, I will be waiting for a momentum candle close above the last major high in gray to buy. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDLong
by TheSignalyst
12