XAUUSD 4h buy stopGiven the 4h candle has opened and created a very steep bottom wick within the first 10 minutes, I have a high expectation of price moving up and breaking the high, triggering the buy stop we have set and allowing us to scalp 10-20 pips with minimal risk.
The 4 hour candle has closed above a level we have highlighted previously which is very significant as far as Price Action goes, and now that we have created this structure on the 4h time frame which is a strong indication of long term momentum we can anticipate price to continue up.
Goldbuy
XAUUSD 1h analysis - potential buy opportunityLooking at Gold on the 1hour halfway through the current 4 hour candle, we can see price is rejecting the range we have highlighted.
Should price close above 1966, if price creates a bottom wick touching the 1963 and below level, before moving back up and breaking it's own highs above 1966 we can take buys immediately based on the fact we have closed above a key level, grabbed liquidity and have the volatility to continue the move up.
Should this play out I will be taking a trade at normal risk of 1-2% with stops below the most logical recent lows.
Gold broken above wedge new target $2,081Falling Wedge has formed on Gold since April 2023.
This has been a turn for the good.
We've seen the price breakout and now we can expect the demand to continue.
7=21>200 - Bullish
RSI >50 (Buy divergence with the level breaking the downtrend.
Target $2,081
This will reflect on gold companies too which we can be bullish on. Happy to go long here.
GOLD 4H (it looks bullish while above 1930)GOLD
technically still has a bullish trend while above 1930 but to conform bullishly should stable 1930 to touch 1953 gradually
so now will try to touch 1930 and then will start a bullish trend
but if breaks above 1930 by closing 4h then will drop to get 1921
pivot price: 1930
Resistance Price: 1942 & 1953 & 1973
Support price: 1921 & 1911 & 1900
The movement range will be between 1930 and 1953
tendency bullish
GOLD Buyas Gold was overall in sell position and has completed a falling wedge pattern on Daily level as it has formed ABCDE and heading upwards it seems like it will retest (because we have a confluence on H1 is 200 EMA is showing a downward move) its 1911-14 level of support level and will rally upward another scenario could be that it looks like rally base rally then it will be a buy setup from here 1918 to 1929 level of Resistance which is also a trend line resistance of Daily level we will be buying this commodity from this level, another confluence is on daily level it has formed a Morning star which is a bullish signal..
GOLD buyas we have seen gold has shown a beautiful short setup previously after a buy signal and we also know gold overall trend is downward trend as always said trend is your friend and we strictly follow this principle and i have drawn a H1 Bearish Trendline and gold had a Resistance on that previously now and today gold is on daily Major Support level and i expect gold to pul back and break this consolidation and go upwards to its H1 trendline also gold has given three bullish candles which carry alot of buying pressure so we will be buying gold from here to our safe zone of 1929 level and then to trendline 1940 level
GOLD (Bad Week With the War Situation )GOLD
the price of the will start at the bullish trend and the main reason will be the based situation in Russia, so that will support the price to push up to reach 1953 and then above it will be 2000
but otherwise if stabilized under 1920 will drop to touch 1875 for the next week
so be careful the direction of GOLD will move depending on the Russia situation and the news in the US for this week
pivot price: 1920
support price: 1905 & 1890 & 1875
resistance prices: 1953 & 1973 & 2012
A tendency for the next week: Bearish with volatility
The expected trading range for this week is between the support 1911 and the resistance 2000
Potential Buy Setup on GOLDThere is currently bullish momentum on gold, the previous 4-hour closed strong and bullish with the overall trend on higher timeframes still being up.
Realised there is HIGH IMPACT NEWS happening soon so looking to monitor and manage risk accordingly.
R:R 1:1
Currently entering Buys on gold at 1957
Stops to entry at 1960
Looking to exit the trade at 1967
Leaving runners to 1977 where there is strong resistance.
Whats are your thoughts and opinions?
:)
XAUUSD BuyExpecting XAUUSD to see some bullish continuation after a drop to price 1932.00 back up to 1960.00 last night. MA indicators and a strong Gold trend vs a weakening DXY also supports this idea. A break below price 1950.00 may indicate bearish movement.
Buy Entry: 1962.00
Targets: 1965.00 | 1969.50 | 1972.50 | 1976.00 | 1979.50 | 1982.00
Resistance: 1985.00
Support/Stop Loss: 1950.00
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XAUUSD NEXT POSSIBLE MOVE XAUUSD NEXT POSSIBLE MOVE : as gold has successfully smashed our 1:18 tp and mitigated our new demand area and shown us the change of character also therefore i am entering in long (buy) position her my R:R would be 1:& here i will be targeting 2000 here
fell free to ask any question
GOLD short BUY View....
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XAUUSD LongExpecting Gold to slowly move back up after seeing some cool-off of last week's high of 2032.00 . MA indicators are showing signals of a bullish convergence, and a weakening DXY should favor a Gold buy.
Buy Entry: 1995.00
Targets: 1997.00 | 2000.00 | 2003.00 | 2005.00 | 2008.00 | 2012.00 | 2015.00 | 2018.50
Resistance: 2021.00
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GOLD H4Hello traders, GOLD is setting up for a potential upside move watch price to hold the 50 SMA and look for a long position opportunity, in case if price break the 50 SMA and also the yellow box resistance become support area then i will be looking GOLD for a long position opportunity around 1965 level.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
XAUUSD Continued BuyXAUUSD seems set to continue its bullish motion after the price shot up this morning due to JOLTS job opening data. The release tanked the Dollar causing Gold to rise. There is still a small sell gap left to fill on the DXY before the pattern wave is completed, and I am expecting XAUUSD to finish the pattern as well triggering a continued short-term buy for Gold . A support of price 2052.00 is most likely, but there is potential for a push to the previous high of 2070.00 . I based my analysis on the last time Gold saw current price points in early March of 2022.
Buy Entry: 2025.00
Targets: 2029.00 | 2032.00 | 2035.00 | 2038.00 | 2042.00 | 2045.00 | 2049.00 | 2052.00 | 2057.00
Resistance: 2070.00
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GOLD H1Hello traders, GOLD is setting up for a long position opportunity watch GOLD in a mentioned area according to your own trading strategy and look for a long position opportunity.
I am waiting for price to come around my white box mentioned area and looking price action there for a long position opportunity, the area that i mentioned with the white box is also around 0.618 retracement of a previous impulsive move and the previous low that i mentioned with a little red box is my stop level, if price break that low then i will be not looking for a buy setups anymore. (close my laptop, enjoy my day and come back later)
Remember : price can go directly to the target area from current market price as well without hitting our mentioned white box area if in case it happened then i will be let it go. (no trade is better than a losing trade)
This is my view and analysis about GOLD.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.