XAUUSD LONGAs gold has shown some upward momentum, we will again try to catch some pips before it continues its downwards trend. It is a sort of scalping trade. Secure some pips
Goldbuy
GOLD-BUY++We are in a DARK MOON phase, plus low stochastic which is positive, and a oversold market.
Further, we are near GANN support of the 1/1 line, and this suggest pull-back. Running a quick scan on potential turn date, it comes out to be Monday, and it feels we may test $ 1,760 by then en route 1,825. I suggest profit taking 1,790 for now.
GOLD-BUY strategyNo change in view.
We held the 1,704 very well, and now the current support is 1,695 GANN.
We are positive stochastic and RSI still oversold. We will be having a DAR moon phase starting today, and this also supports the view for recovery back to 1,785 at a minimum and likely 1,825.
Strategy BUY weakness 1,710-1,730 and take profit 1,790 for now.
Gold Sharply above 21-EMATechnical:
The near–term support is around $1707, a breach below targets $1700
The yellow metal faces minor resistance around $1745, any breach above will take it to the next level of $1780/$1800.
GOLD-BUY++We are in buying mode for Gold.
The current oversold state and the fact we are near a GANN support, suggests we should see recovery towards 1,802 short-term.
Strategy BUY @ 1,720-1,730 and take profit near 1,778 first objective > 1,802 second.
Today's inflation report may help us decide, but the overall trend change date is 17-18 July and during that recovery time we should see even higher beyond 1,825
GOLD-BUY strategyGold is starting to be oversold.
The CCI is positive daily chart whilst 4-hourly still has some pressures to show downward, but not much. The RSI is quite oversold status, and we are near GANN support $ 1,704. Judging the pattern and also the state of the market, and in fact an inverse believe that Gold is an inflation hedge, we are completely on the wrong track here.
Strategy is therefore, BUY current $ 1,720-1,7445 range and take profit around $ 1,785-1,800. Our cloud resistance is $ 1,835.
The estimated change of trend date is 18th July 2022.
Gold Re-Testing Channel BaseGold price continues to trade lower on the strong US dollar. The yellow metal breaks strong support at $1750 and holds below that level.
Faces minor resistance around $1760
XAUUSD - GOLD BUY/ LONGGOLD #XAUUSD, was following a downward trend. However, it seems to have changing its trend now, but anyhow, gold will move downwards for retracement to its lows. but for now we just have to catch the small move (as shown) to secure some pips and wait for the price to either break upwards or downwards. Higher chances are that #gold will continue its down trend which will be the retracement to test its lows. Best of luck to you guys
Gold Supply restrictionsWhile the west try to ban transactions on Russian Gold reserves, markets should notice the reduction in gold supply flows and price it at higher levels.
Gold Weekly Cloud Trade AboveGold price remained above $1800 on recession fears.
Technical:
The near–term support is around $1800,
The yellow metal faces minor resistance around $1821
Swing Trade Opportunity in GOLD ? Looks interesting!MCX:GOLD1!
TVC:GOLD
Hello Traders,
I see a good swing or small term trading opportunity in Gold at current price.
UPSIDE resistance is around Sell zone between 1879 - 1919 with SL below 1780
This is not a buy/sell recommendation, but my personal views. You're solely responsible of your profits n losses.
Regards,
Anshul.
Gold 21-EMA TestingGold price lost its shine as risk appetite picked up.
Markets eye CB Consumer confidence and Richmond Manufacturing index for further direction.
Technical:
The near–term support is around $1815,
The yellow metal faces minor resistance around $1850,
GOLD BULLISH BIASIn the previous week, gold attempted to drop towards the support but could not close below it and ended up forming a reversal pattern.
The reversal is not only confirmed by the double bottom, but also the bullish divergence on indicators.
Look for buys at the current level (1830) with targets at 1868,1890 and 1920.
Gold Long Idea / Investement Gold is calm untill now , but the moment he moves up , he would go parabolic , Get ready .
PS . check the 1970-1980 for more DD .
Hiking Interest rates is sometimes the best thing that can happen to gold .
Gold Bullish??Gold will comeback to 1880
have a good day everyone ^^ all of this from my opinion only
GOLD (XAUUSD) BUY TRADE - UPDATEHi Traders,
This setup got triggered yesterday and went straight into profits.
Keep monitoring as we have NFP today and will come with a lot of volatility.
If it does show signs of going down, then protect your profits or at least make sure you place Stop Loss at breakeven to protect your equity.
Trade smart & Good Luck!
GOLD LONGGOLD in my view is ready for the new high, let see how is going to perform in the next months and how dollar will react on it, FED next week
Alright Gold has been big drop, What Next...???GOLD will grow up to 1900
But!! it's take a time more, just waiting and winning with your profit.
Thank you, good luck ^^
GOLD - LONGGOLD is in a small range and failing to make new lows. There is now a buying tail on the daily.
We could consider going long here wih a target toward the top of the range and a very small stop.
8th June 2022: XAUUSD Prediction to $19007th June 2022, Kuala Lumpur - From the table of the analysis and database of Kayateruk Group, we are seeing a projection that coming and detecting some of the new trend to accumulate gold position.
In the rebound and rising gold today due to weakening in dollar and yield for the overbought territory, we confirmed that the next target for gold is to landed into its 'sweet spot' trajectory which is $1,9000.
When the gold has established some of their move towards its position and conquered the base, the gold is set to checkmate the floor of $1,900 and will lead to new territory home of $2,000.
The pattern of cup pattern will be established but be careful for the broadening wedges pattern that developed around the corned.
After the gold has touched the $1,900, we predicted the gold will drop down for its retracement on 1,870 and 1,880 before waiting for the next wave to be established at those moment.
We are bullish on gold more than ever by buying more gold whiles its cheap under $2,000 price.
The next new era will begun on $2,000 price and now bull are buying more gold while in its intrinsic cheap value.
Lots of gold in the shop at Malaysia finished much more faster than before.
The demand will keep on rising with gold on this inflation running high.
KAYATERUK GROUP INTERNATIONAL
XAUUSD, with the Gramaphone pattern on NFP dayIt has got a strong support zone on 1866 , it may spend some time before going up wildly as price action suggest, else if it goes down on before US session, price will go down till 1856 max,
and after news release in the US session price expected to go up atleast 1904,
all the above analysis by technical analysis , if the price broken at 1853 , it will shows bearish strength till 1790 , how the price reacts before US session also taken into consideration
Analysis only for education purpose
