Gold BuyExpecting Gold to make a bull move after the USD Consumer Credit data release this afternoon. I have based my analysis on the last time Gold saw current price points in July of this year.
Buy Entry: 1788.00
Targets: 1792.50 | 1795.00 | 1798.00 | 1800.00 | 1803.00 | 1806.00 | 1809.00 | 1811.50 | 1814.50 | 1817.00 | 1820.00 | 1822.50
Resistance: 1825.00
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Goldbuy
GOLDmonthly; as we can see price got rejected from the main weekly s/d zone only indicating that there is a huge supply driving prices lower but the overall trend is bullish, price broke the previous structure while making a three-leg extension and a crossover of SMA's, my hypothesis is for the price to pullback then continue bullish, currently we can see that price made a pullback so imma wait for a full daily candle close above the D s/d zone then ill look for pullbacks on the lower timeframe
but if the candle closed below the zone leaving a huge wick then imma be looking to short to 1766
imma wait for the 4h close to determine either imma go short or buy
if it's a double top leaving a huge rejection then il look to sell
if it broke above and closed with full bullish momentum then imma look for a retest and an entry
Buying until 1784 breaks ! Gold - Looking for buys above 1785.000, price is rejecting from the Daily BOS demand zone (Looking for continuations, trading with Daily order flow back towards the highs) If 1784.000 Fails however with a break/retest i'll look for shorts down towards the 4HL !
Let me know your thoughts!
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Buy zones for Gold! Gold - 2 Places im looking for buys today, first is if we break above the current supply zone i'll be looking to buy up to the PWH and fill the 4H imbalance, i'll then be waiting to see if we break through this zone to continue buying (As daily is bullish and that will be the DH, however if we get nice rejection from there i'll be looking for sells, alternatively i'll be looking for buys near the previous 1H demand if we get sells coming out of London to then continue towards the 4H imbalance/PWH, lets see!
Let me know your thoughts!
Will the D 50% hold... 🤔Gold 4H CHoCH formed inside daily bullish structure, price is sitting on the Daily 50%, this is a level now where price could go either way, ideally i want to look for buys so we can trade with the daily orderflow but if we break the 50%/demand with confirmation ill look to sell down towards the DL, (Will also be waiting for a potential liquidity grab from YL, heres a zoom down to the 15M to look at what im waiting for to take trades today!
Let me know your thoughts!
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold bull looking to 1850-1870Gold bull looking to 1850-1870 H4 Time Frame
Gold is rising 11.6% from the Triple Bottom pattern that was formed. Earlier I pointed to a pullback from resistance. The technical fall was stopped at 1730, after which the price returned to retest the 1775 zone and the bulls are overcoming the hurdle.
The price is above the uptrend line formed since August 2018. Gold is now in the long zone of the new 1775-1878 range. The trading instrument opens for itself a new upside potential. Important targets: liquidity zone 1850, resistance 1878 and liquidity zone 1900
keep stick with bulls so you can grow your account easily
Best of luck guys
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold price remains above last weeks lows; further upside? Nov 29, 2022
Daily Insight
Market Talk
EUR/USD failed to hold yesterday’s high; traders may have moved into the USD in front of tomorrow's Euro area inflation data
USD/JPY lower after Japan retail sales increase for the 8th month in a row
Brent/WTI crude oil higher on positive supply/demand news; reports OPEC+ may cut output at its December meeting; brent finds support at $81 key, faces resistance near $87
Gold rises on bets that risk appetite improves; precious metals looking more bullish as the US dollar index trades near multi-week lows
Euro Stoxx 50 seems to be maintaining upside momentum; increased volatility expected around tomorrows EU inflation data release
Upcoming Key economic events
Euro area inflation data due on Wednesday; ECB president Lagarde said yesterday that it's unlikely that EU inflation has peaked and that the ECB would hike interest rates as “long and as high as needed”.
TODAY’S MARKET IDEA:
Gold price remains above last weeks lows; further upside potential remains provided US dollar weakness prevails
Technical conditions: Gold price (weekly chart) is above its 10 week moving average (bullish); the bullish outlook can be further supported by the fact that price has appeared to have found buyer support near the $1,730 area which intersects at the October 3rd and September 5th highs; the 40 week (200 day) moving average is spotted at $1,795 while short term resistance at $1,786 needs to be cleared in order to open up the prospects for a test of the key resistance at the August 10th high near the $1,808-10s.
Not investment advice. Past performance is not indicative of future results.
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Trading Reason: of Buy Gold by Strategy & Stats AnalysisTrading Reason: of Buy Gold by Strategy & Stats Analysis
Base on Fundamental: to Theme Investing change.
TVC:GOLD
- *Big Bank of worldwide: Net Buying gold at $1650 price support. Long Term => Positive of Gold
- *FED Meeting by J. Bullard : Dovish step Interest 0.50% to hit to 5.0%. Short Term => Positive of Gold
- *Regression Economic because high Interest rate: 5.0 % make to high cost push of market. Long Term => Positive of Gold
- China lockdown etc. Short Term => Positive of Gold
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold bullish conditions Gold: short term bullish conditions remain intact, 5 day moving average above 50 day moving average may be a signal that could support long positions, upside resistance seen near $1,730 while key support sits near $1,615
Not investment advice. Past performance is not indicative of future results.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.