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Goldbullish

Outlook on XAUUSD: Bullish play seen On the weekly time frame, prices are testing a key support level at 1842, where we could see further upside. On the H2 time frame, prices broke above the descending trend line, suggesting a shift from a bearish to bullish order flow. A throwback to its support area at 1824.80, in line with the 78.6% Fibonacci retracement and 61.8% Fibonacci retracement presents an opportunity to play the bounce, with 1888.80 as the resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.
FOREXCOM:XAUUSDLong
by Salzworth
1
🔔Don't miss the great BUY opportunity in XAUUSDHey dear Members . Hope you all are enjoying our ideas and analysis. Now we are here to update about XAUUSD . XAUUSD is exactly Moving according our analysis. Now it has Maximum chances it can Target Price level 1900. Keep in touch we will update further soon. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
OANDA:XAUUSDLong
by hamidreza_FX
12
GLD Monthly Breakout Imminent!11 month accumulation with a big range expansion in Feb. There is the possibility to expect a second level target here which would bring the price target to around $204. I'll wait till the end of Feb before entering to await confirmation of a breakout. As long as the price stays above ~173.80 we will have a confirmed breakout. Closing for the month above $173.80 would make the monthly range expansion greater than the previous candle, confirming the breakout.
AMEX:GLDLong
by Trade_Integrity
XAUUSD - KOG REPORT!KOG Report: In last weeks KOG Report we suggested caution on the markets as the structure had broken and the higher KOG targets were open. We were looking for support to hold around the 1850 and below that 1835 levels for the price to propel to the upside with our first target being 1872 and above that 1888. We gave a level of 1865-70 to look for resistance in the early part of the week which we said would represent an opportunity to short the market into the immediate support levels below. All in all the short gave traders over 300pips down and the long from support gave traders over 500pips to the upside into the KOG targets. During the course of the week, we updated traders with the weekly levels and analysis suggesting these higher levels will be achieved which they now have. We’ve tried to keep it level to level thus far highlighting key regions to short the market and key regions to long the markets. We hope you’ve benefited from the analysis and ideas shared. So what can we expect in the week ahead? We’ll start by saying this is going to be a difficult week for retail traders as long as the threat of war is looming. Although technical levels are achieved its the volatility and aggressiveness of the movement that catches traders out. We can expect more of this whipsaw price action with the market reacting to news updates., so play this on the defensive for a the beginning of the week and control your lot sizes. Always have a risk strategy in place! So we’re going to go a little further in depth today and plan for each scenario that we can see potential for. Our plan: Scenario 1: Price opens with and targets the upside. We have Excalibur targets above which are sitting around the 1905 , 1912 and 1917 price regions. We will want to see how the price reacts at these levels and potentially target the short trade back down into the immediate support levels as illustrated on the chart. We feel the retracement after the movement can be a little deeper than what traders will expect so we will be looking for the 1880 level first, then 1870 and below that 1855. Scenario 2: The price ranges here for a day or so to bring its mean up. This scenario entails caution, as if it does this its likely we will see another push to the upside targeting the Excalibur levels and potentially beyond that into the 1920 and above that 1935-42 levels which is the top of the trend. The fractal shows that there is potential for a double top around the 1940-50 price point so lets keep this in mind while we’re trading over the next couple of weeks. If this scenario plays out we will be trading this level to level only using Excalibur targets above as our destinations. Scenario 3: Price opens, stays below the 1900 level, shows signs of reversal which and breaks below the 1880 level with a 4H close. This will be the first opportunity to short the market back down into immediate support regions 1870, 1865 and below that 1845. Based on these support levels holding we feel an opportunity to long the market back up to target that 1900 level and above would be reasonable. Our personal thoughts are this move to the upside could be limited with the high being around the 1940-55 price region, if it gets there! We still have targets below which we want to see completed in the months ahead so we’re not convinced we’re going to all time highs at the moment. However, lets trade it as we see at and continue with our plans. As we usually do we will update traders with the daily reviews and levels keeping them in the right way of the markets. Below is the chart we've shared on a few occasions showing the targets we had open, it was also shared on the KOG report last week. You can see we have the open target above so please keep an eye on this! Daily chart structure: We’re sharing the daily chart which we have been using to show you the market structure. Within this chart are the daily trends, support and resistance levels as well as the key levels. We’re sharing this so traders can see the importance of charting on the higher time frames and how the levels shown can be used to gauge potential movement. Alongside this you can use the trading strategy that we have shared on TradingView and look for the breaks and closes of daily candles within the trend. Trends are powerful so always use what ever comes first, the trend line of the support and resistance level! This chart shows there is still room to the upside, however, there is still a lot of room to the downside to create the higher low. What we’re looking for here is how the price reacts to the trend along with the resistance levels above. For those who use “W” and “M” patterns you can also see there is potentially a very large W pattern that on the break of the trend to the upside could complete at the ATH!! Please do support this analysis with your likes and comments. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
14
GOLD! BULLISH BUY AREASI haven't covered gold in a while but cant help but notice the possible upside potential from this metal (long term). There is a lot happening around the world and gold has always been there as the safe haven for big investors... over the past year price hasn't done much apart from move sideways and consolidate but does this mean something big is building? I hope so and these few areas I'm looking at that are hopefully going to put me in an opportunity to catch these big moves.
TVC:GOLD
by jamison_fx
17th September 2021: XAUUSD Bullish is coming 1905.00Gold has been a target. Gold has been misuse. Gold has been abused. HAVE A FAITH IN GOLD. IN GOLD WE TRUST. This is the motto we all have been used to hear. It has been haunted since childhood. My father always told me there is nothing to compare when comes to 'Gods money 💰' It has been since in generation around 1400 years ago and still being used until now. In gold we trust. I have never lose faith. Since August 2020 after the major peaked above $2000, gold has devalued down to $1783 today (article written) Gold has been abused by trader withdraw their saving in gold trading and put all their gold basket into cryptos. Gold has been reached to their worst value on $1680 after gold flash crashed. Now trending on $1783. While many speculative and analysis betting on 1770,1780,1790 were gold's phycological value. Printing money at their tremendous roar, people looking as stock and indices as their main portfolio investment while gold being misuse by letting gold is the secondary option of trading. All eyes on US dollar DXY. All eyes on crypto as crypto will be skyrocketting above $50,000 by this week. All eyes on FED on tapering by reduce their bond purchase monthly. All millionaire self made crypto from 18 years old is the treat to the society trading environment for the all market pump and dumps. While seeing all this risk putting into gold, gold will remain bullish and it is at its downtrend end this week, perhaps this month. Zezu Zaza 2048
OANDA:XAUUSDLong
by Zezu_Zaza
Outlook for Gold: Pullback presents an opportunity to buyHi everyone! Our call on gold last week is playing out nicely. For this week, we maintain a bullish bias on Gold, with prices holding above a key weekly and daily support area at 1763.14 - 1768.80, which lines up with the 78.6% and -27.2% retracement. A pullback to test this support zone presents an opportunity to play the bounce. Keeping in mind the views on the weekly time frame echo a bullish bias, a break above our H1 resistance could at 1794.50 could see more upside in gold prices, with 1820.20 as our next resistance target.
FOREXCOM:XAUUSDLong
by Salzworth