XAUUSD Potential BuyThere is potential for gold to continue its upward trend and push up 30 more pips from current pricing area before seeing a steep retracement back downwards. A move forward may be triggered by tomorrow's USD GDP announcement as well, which is expected to temporarily weaken the US dollar. Current MA Indicators are still showing strong signs of bullish movement.
I have based my analysis on the last time XAUUSD saw current price points in April 2022.
Buy Entry: 1948.00
Targets: 1951.00 | 1953.00 | 1955.00 | 1957.50 | 1963.50 | 1967.00 | 1970.00 | 1972.50 | 1974.50 | 1977.00
Resistance: 1980.00
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Goldbuy
GOLD 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.
Waiting...3 places im looking for buys today (One will be a straight break and retest if we break the highs), or if we fake-out current days high and take out the current days low i'll be looking for reversals for buys around the 1939.000 level, if that breaks i'll be waiting for price to hit the demand near the 1H low (Close to Ydays imbalance fill) and see if we get confirmation there!
Let me know your thoughts!
XAUUSD top-down analysis,UPDATEDHello 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.
Waiting...Gold - waiting to see if price breaks above 1935.890 for a straight daily continuation, if price fakes the HOD it will probably attack the LOD, if so ill be looking for confirmation/buys around 1929.400 and if that breaks i'll be looking for shorts down towards 1916.500!
Let me know your thoughts!
GOLD possible buy zone!!Currency Pair : GOLD
Possible direction : Bullish
Technical Analysis : On market opening GOLD bulls has grabbed liquidity and prepared for another bullish move. From multiple timeframe perspective all timeframes ( Monthly, Weekly, Daily, 4h and 1H is aligning for bullish setup). As long price action is bullish, and there is no significant resistance for the price to stop, highly likely GOLD will have another take off towards moon!
Possible trade recommendation : Bullish on the retest of the previous resistance turns support
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Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
XAUUSD top-down analysis,UPDATEDHello 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.
XAUUSD top-down analysis,UPDATEDHello 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.
XAUUSD have chance to long term BULLISH# Disclaimer on, just sharing not advise to buy or sell
I open the chart in very high timeframe which is you can see above in 3 Month. So as you can see long term investment in Gold actually in Bullish Trend although a few times before actually GOLD move in ranging price between 1650 until 2000. But, in the ranging market I believe that the continuation of the market it can be either bullish or bearish after that. Then I have to looking for higher timeframe to see the helicopter view of the market. As you see above the price make a cup handle patterm which is the continuation to become Bull market. Target price of GOLD that I believed is around 3400 $/oz.
AW Gold Analysis - Potentially Huge Rally Chart...Gold is due for its next move higher according to the waves.
This is purely my opinion, take it with a grain of salt.
When Wave 1 is the shortest the Wave 3 and 5 tend to be similar in length which gives us an 8K target.
If you want proof of that then just look at the Wave 3 sub-divisions.
You can see an example of this quite clearly.
This is part of a larger expanding Wave B that is only just in Wave (A) which is the first move in a zig-zag pattern.
These patterns occur in bullish and bearish markets, its all about identifying that for future trading purposes.
If you don't know when to get out then you probably shouldn't get in.
That saying may not be as true for gold seeing as though it's real money and isn't part of the ponza debt system.
However, this may be a good tip of you are trading on margin or simply want to cash out for profit taking purposes.
See the related video idea for this chart linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
GOLD is about to breakout!Currency Pair : GOLD
Possible direction : Bullish
Technical Analysis : GOLD bulls has primarily first has broken resistance and then again has broken the support to grab strong liquidity grab. Finally price again created strong uptrend with multiple liquidity grab. As the price has strong momentum, it is highly likely price will continue to rise to at least psychological level @Adrien1899
Fundamental : CPI release is fueling the price the bulls!
Possible trade recommendation : Bullish
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Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Gold Top down analysis, what can we expect? Hey guys, im loving this video recording feature on Tradingview so far, much easier to explain ideas!
So i've done a top down analysis here, from the weekly down to trades im potentially looking to trade tomorrow and what we can potentially expect with CPI tomorrow!
Let me know your thoughts in the comments, thanks guys!
Gold - First Video... Waiting....Gold - PA a little choppy, still looking for buys overall, there was a nice entry there from the demand mitigation a few hours ago on the engulfing. (I was sleeping though) but marked it for reference, Im waiting to see what price does at the HOD, if we make structure above 1875.300 i'll look to buy towards the weekly S/R, I wont be looking for any longer term sells until we break back below 1865.000, lets see what London open brings!
Let me know your thoughts!
GOLD short term buy opportunity!!Currency Pair : GOLD
Possible direction : Bullish
Technical Analysis : Price has broken out of daily resistance and showing strong bullish momentum after opening with a gap up on daily and 4h. In 15 minutes timeframe we can price has broken out of consolidation and started up trend. On the retest of previous resistance turn support, a buy trade is high probable.
Fundamental : Weaker NON farm employment data weaken USD
Possible trade recommendation : short term bullish as per sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Gold Short-Term BuyExpecting Gold to go into a buy on the hourly chart if price 1870.00 is broken. The price has acted as a strong resistance point after Friday's rise due to USD employment rate data release. If the pairing does go into a buy I am expecting retracement at price 1878.00 , then to continue onward to resistance. I have based my analysis on the last time Gold saw current price points in May 2022.
Buy Entry: 1870.00
Targets: 1872.50 | 1874.50 | 1877.00 | 1881.00 | 1883.00 | 1885.50
Resistance: 1888.50
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