GOLD Long Idea-This week I've had an overall bullish bias for Gold to head to the PWH after we put in a fractal swing low on the weekly, confluence with wicking below several weekly lows.
-Although today's Daily candle close isn't super strong, I'm still leaning towards looking for longs.
-Daily candle rejected from the Daily +OB again, and also failed to displace and close below Tuesdays Low.
-I am targeting Wednesdays high, and the PWW.
-I want to see H4/H1 discount arrays being respected, followed by a displacement entry confirmation on M15/M5.
Gc_analyse
XAUUSD H1The price retest and broke through they level 2050.
if the bulls hold the level, the price will continue to rice towards 2150.
I'look for a pullback to the rang zone. I think the price can go up. because it is gaining bullish momentum.because formed a rally at the end of last week and broke the resistance of the downtrend. my goal is the resistance and liquidity zone at 2070.
Next week - Potential buying/Selling zones on GC/XAUUSD OANDA:XAUUSD COMEX:GC1!
I'm continuing my analysis on the GC/XAUUSD gold market, after reaching my TP last week, I'm expecting these potential scenarios mentioned on the chart.
As you can see, we're in the liquidity zone, so all the possibilities are there, the market can do absolutely anything.
In my analysis, all entries are based on a 1H time frame to minimize risk.
I'd just like to mention that the market is expecting some big news this week (CPI, PPI, FOMC).
Trade at your own risk.
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Next week - High setup probabilities on GC1/XAUUSDA simple analysis of the gold market based on market structure, next week gold could continue down to the buy zone, then I expect it to rise to fill the imbalance and form a head and shoulders pattern, after which we'll have a high probability configuration for the downside.
What do you think?
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Gold 1hour : look like gold want create range =box range gold when want swtich trend,create range days then switch trend
let see gold futres daily and AC indicator
for now selstop in low is best idea and wait until fibo 161%
sell under fibi61% possible but very very low size and SL =1944
ALERT= BREAK BOX RANGE CAN EXPLODE GOLD
goooooooooood luck
Gold offers opportunities for intraday tradersvery obvious that gold has been on a downtrend since March. the trend is moving below MA 209 which confirms the trend.
As long as there is no obvious trend reversal signal, I will only look for sell signals on my daily trading.
By focusing only on selling signals, I will increase my win rate and avoid many losses.
On the weekly chart, the MA 209 is broken and confirms that the trend is bearish.
What do you think? are you only going to sell gold or buy it :)