Gold (XAUUSD) Potential long chart analysis.ALyonFX.
Gold (XAUUSD) Potential long chart analysis.
Reasoning behind my analysis
"DXY bleeding
"Another retest of strong support of 1808-1815 area specificall 1812-1813
Things to take into account..
I am still short long term on gold as sentiment data shows 76% are long and I always go against the sentimental data of non commercial investors.
I am also only 18 years of age with 3 years learning the markets and I am still learning if you agree or disagree with this analysis please do tell me why you do or dont agree and tell me why you might think I am wrong or right all feedback is greatly appreciated as I am very open minded no one is right nor wrong as none of us know what the future holds but if you can point out any of my flaws technically or fundamentally that would also be welcome thanks guys hope to build up my reputation on here so I can be more active in the trading chats as its hard to grow when you cannot take part in these trading chats due to the trading view required reputation system hahah godbless guys good luck on your trading journey.
Gold-trading
EUR/USD DAYTRADE UPDATE FOR MARKET OPENHello traders,
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Here is an update on the EUR/USD wich we announced earlier in one of our shared trades.
It still didnt hit stoploss and the entry point is valid again.
For more information about the set-up of the trade check our last update on EUR/USD.
Have a great week of trading
GOLD, H4 - Potential Shark patternPoint C is extension 161.8 of wave AB. Shark pattern will occur when price will react on 88.6. So possible some bullish move at 1730.
GOLD Next Resistance To Watch! Sell!
Hello,Traders!
GOLD finally moved from the weird range
In which it was trading for the last week
The price is moving upwards
So we are looking for a level
Where this move might stop
I fancy 1833 level, from where
I am expecting a pullback and a bearish correaction
Sell!
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GOLD Risky Long! Buy!
Hello,Traders!
GOLD was trading in a falling wedge
And now we are seeing an attempt at a bullish breakout
I would wait for more bullish signals to appear
But should the breakout be conclusive
It will go up and retest the target level above
Buy!
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XAUUSD | GOLD Likely To PUSH DOWNWARDS!Hello Traders,
So looking at gold it seems to me that it will continue to push further down, it likely will re-test the weekly highly respected support zone, which is still fairly far away.
We recently also established a bearish engulfing candle as confirmation to enter short, a stop loss just above the 25-50 moving averages could give a good trade + risk-reward.
Reminder that GOLD is heavily influenced on the fundamentals so any news event could influence a sharp move towards the opposite side so be careful!
GOLD trading ideawe expect in case gold remains higher than 1780 to go in a huge move up to 1916 again before any move down to out target at 1530 by the end of the year.
and thr rise of gold is expected by the begining of 2022 with levels higher that 2000.
keep in mind that this is a long high swing
Nice 1:10 Risk:Reward Sell on Gold!Dont usually like to trade NFP week, but im anticipating positive US data based on the bearish signs gold is showing (multiple wick rejections, stop hunts to the upside etc). tommorrows outcome will have a massive affect on gold in the short term, as it gives an indictation as to whether the fed will taper.
Looking in to gold short trades.In this trade idea what I will be looking for is I will be looking for gold shorts.
What we saw last week was a very strong bullish rally to the upside and what I am anticipating is for gold to respect the resistance created to @1832. Now that that we have seen a dump off to the down side I would like to see gold pull back to the old level of resistance as a retest and then continue to the down side. What we can also see is we are in a very strong bearish trend and should respect the trend and continue to the down side.
DeGRAM | GOLD Consolidation breakout. Short As I said, gold went down from accumulation.
There is enough energy to pass even before support.
The trend is downtrend and I expect a touchdown by a false breakdown to the level of 1723 and a further return to the borders of the downtrend.
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Gold accumulating?in the previous post i mentioned that a dip lower would not be ruled out. its looking more of a likelihood that we could get a move down to shake out any early buyers and potential sellers. i still strongly believe gold will rebound, but anything is possible. should gold break the 1750's, id shift to a more bearish outlook to take out the march double bottom
XAUUSD - Bullish Divergence?Current Trend: Bearish
Momentum: Bearish
RSI seems to be in a channel with prices making a wedge. Prices showing lower high and lower lows but RSI is showing higher highs and higher lows.
Possible divergence into a reversal in the making?
Best to see if price breaks the descending trendline to look for buy opportunities.
As per planetary cycle GOLD next moveHere gold has to take support of 1848..
I don't thing it will break 1847....
Before any close below 1847, gold has to bounce till 1840-1860
It's purely based on astro...
I recommend to buy keep sl 1848 below close.... But it's impossible
Thanks & regards
K Sureshkumar
[XAUUSD Short] 25 May, 2021 25 May, 2021 - Roger V Trading Ideas25/5/2021
XAUUSD
Entry Resistance level idea:
1880.00 Resistance
TP Support level idea:
1838.00
Final SL for all Short positions:
1896 Resistance Level
1909 Resistance Level (Final)
Comment:
This XAUUSD Gold trade ideas was made on the 25th of May 2021 on FB Group. However, did not get a chance to comment on here.
As far happened since 25th of May, the trading idea stoploss was hit at 1896 for the first order in. However, the second time in should be at around 1906~1909. The trend tested its resistance, and did not breakout. Meaning that, the trading ideas for gold valid.
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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
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Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
DeGRAM | GOLD consolidation Although gold has exited the channel, there is no confirmation that the instrument has changed its trend to a downtrend.
If we traverse the channel, then we see horizontal accumulation, range, a clear lower border (3 touches).
The trend is upward, the global key point has not been reached, it is possible that large players do not have enough energy and it is necessary to accumulate it before the distribution and achievement of the goal.
For now, I'm sticking with long formations.
I expect growth from 1855 to the border of the canal.
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