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
Goldbuy
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.
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.
20 reason for buy gold update 01/08/2022
1 Structure 12: bullish
2 imbalances: filled
3 Current Move impulse
4 Entry TF: h1
4.1 ETF Structure: bullish
4.2 move: bullish
5 Support resistance support at the h4 order block
6 FIB: trigger event Occurred
7-candle Pattern: spinning top
8 Chart Pattern: double bottom
9 Volume: Execution
10 Momentum: support at 40 measure by rsi
11 Volatility: lower band support Bollinger bands
12 strength: Adx sideways
13 Sentiment: buy
14 Final conclusion: buy at the point
15 Buy /Sell/Wait: buy
16 Entry: right now
17 Stop lose: 1637
18 Take profit: 1690
19 Risk to reward Ratio: 1:5
Excepted Duration: 2 days
Tue 25th October 2022 XAU/USD (Gold) Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Buy. Enjoy the day all. Cheers. Jim
GOLD 1D TFGold reversing from the exact previous support zone and ready to make a double bottom kind of formation.
Also if it breaks the trendline, the chances of getting to the previous high will increase in the coming months.
Good to enter at this point with following stop loss and targets :-
Target :- 1725, 1800, 1880++
Stop loss :- 1605
GOLD Short term BUY Signal View....
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🟢 GOLD - 1W (06.10.2022)🟢 GOLD
TF: 1W
Side: Long
Pattern: Bull Flag
SL: $1,606.95
TP 1: $1,716.45
TP 2: $1,784.20
TP 3: $1,838.95
GOLD on the weekly is looking good.
Once it breaks out and successfully retests the Bull Flag we could look at buying and holding over the next few months.
RSI and MACD look like they could support the move too.
Gold breaks above 6 week trendlineCurrent price is above the six week valid downward slopping trendline (bullish); current price is above its very short term 13 day simple moving average (bullish); current price is above its 25 day minor intermediate term simple moving average (bullish); 13 day rate of change is above its zero line (bullish); 4 day rate of change is above its zero line (bullish); very short term AROON UP 5 day at 100% (bullish).
Conclusion: LONG positions can be technically supported for short term price target at $1,735 and intermediate term target at $1,860 in extension with stop at $1,615.