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Goldbuy

Outlook on Gold: Pullback presents an opportunity to buy Prices are holding well above the daily support, and we are seeing consolidation on the H1 time frame along with a clear break of structure above the recent high. A pullback to test the support zone at 1752, in line with the 78.6% retracement presents an opportunity to play the bounce with 1769 as the resistance target. Keeping in mind the daily time frame echoes a more bullish view, a break above the 1769 resistance target could see prices extend its rally.
FOREXCOM:XAUUSDLong
by Salzworth
XAUUSD Long/Buy ideaGood Morning, to keep it short and sweet, we are looking for buys on the break of the previous candle high. I am taking a buy here in this scenario due to London open, HOWEVER, London Open is always a volatile and sometimes nonsensical time in terms of how the market will react. We need to play this carefully so don't risk too much. IT IS A FRIDAY! TAKE IT EASY ON THE TRADES! If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)
FX:XAUUSDLong
by FriesianFX
2
17th September 2021: XAUUSD Bullish is coming 1905.00Gold has been a target. Gold has been misuse. Gold has been abused. HAVE A FAITH IN GOLD. IN GOLD WE TRUST. This is the motto we all have been used to hear. It has been haunted since childhood. My father always told me there is nothing to compare when comes to 'Gods money 💰' It has been since in generation around 1400 years ago and still being used until now. In gold we trust. I have never lose faith. Since August 2020 after the major peaked above $2000, gold has devalued down to $1783 today (article written) Gold has been abused by trader withdraw their saving in gold trading and put all their gold basket into cryptos. Gold has been reached to their worst value on $1680 after gold flash crashed. Now trending on $1783. While many speculative and analysis betting on 1770,1780,1790 were gold's phycological value. Printing money at their tremendous roar, people looking as stock and indices as their main portfolio investment while gold being misuse by letting gold is the secondary option of trading. All eyes on US dollar DXY. All eyes on crypto as crypto will be skyrocketting above $50,000 by this week. All eyes on FED on tapering by reduce their bond purchase monthly. All millionaire self made crypto from 18 years old is the treat to the society trading environment for the all market pump and dumps. While seeing all this risk putting into gold, gold will remain bullish and it is at its downtrend end this week, perhaps this month. Zezu Zaza 2048
OANDA:XAUUSDLong
by Zezu_Zaza
Gold Bargain Bullish toward - 2104Majority have been eager to buy and buy and buy, yet on the daily we can see a hard rejection off 1830.00 This shows us the amount of buy stops accumulating at this level , notice price triggered and dropped = heading toward majority of SL placements ( below 1810.00 ) *We need moves like this to switch the consensus of retail to take the opposite sides of positions , COT Data shows more longs than shorts, yes, however pay attention to COT data from commercials and producers Commercials and producers will need managed money to take the other side of their orders, and non commercial need non reportable and commercial to take their opposite sides = they all make a profit We cannot buy from above 1800 …this is an expensive price ( psychological number ) which behavior of price today confirms price looking for a more “ suitable “ price to buy at = in other words - Gold has just gone on Sale
SAXO:XAUUSDLong
by HuracanFX
GOLD Impulsively BullishHello Friends, Here in GOLD i am focusing on bulls to trade on, which is because of last week the high cancellation of bears into weekly & in intraday as well. So Firstly we have support area where gold can hit for some correction into the area of support at mentioned in the chart. From that area & above it all the control of Gold market get into bulls hands, so here logic is simple to go with bulls because of bear rejection as well the most strong bull candle too which fly market almost 200 pips this week minimum. So our target is around 1800 plus definitely the level 1815 approx. Another thing as what if it fall because market anyhow react opposite too so you should don't trade if suppport area is broken then how you'll understand where its next move will be ? So for it you should wait for swing which take market back into bulls control otherwise we're gonna focus on bears after the fall from the level of 1752 which fall the Gold market to approx area 1710s. I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
TVC:GOLD
by PiPumer