Gold can hit 2750 before continuing it's bearish reversal trend?Gold prices climbed further, driven by escalating Middle East geopolitical tensions and a Wall Street selloff boosting safe-haven demand.
China likely acquired over five tonnes of gold in Nov, according to the PBoC report.
Upcoming central bank decisions in Canada, the EU, Switzerland, and the Fed are expected to heighten gold price volatility as investors await key economic signals.
XAUUSD firmly broke above its sideways range, with higher swings and diverging bullish EMAs indicating its bullish momentum.
If XAUUSD surpasses the previous high at 2720, the price could rise toward its resistance at 2750 before a potential bearish reversal.
Conversely, if XAUUSD retraces, the price may dip to 2680 before continuing its uptrend.
1M liquidity found on 2720 and 1M+ liquidity found on 2750 so move is confirm
Goldbuysignal
Gold can give 2670 in Next Move! Read Chart and CaptionHello Trades
we can see a triangle in every time frame from 3min to 8H and breakout successfully in 15min to 1H here we can see good updside move till 2670 gold is fully bullish, here we can place buy order and our SL would be 2627 and Tp is 2662, 2669. all technical chart and candle patterns showing bullish so i am in.
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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
XAUUSD Short Tram BUY, Long Sell signal
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data, quotes, charts and buy/sell signals.
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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
GOLD GAMBLE TRADE Hey tradomaniacs,
Under current circumstances there is no chance to make a high-probabillity-call as correlations are chaotic.
All trades are probably more gamble than prediction so be carefull.
This is a "tryna catch the bottom-move" which is usually not my approach of trading.
I`m doing this with 0,1% risk haha.
GOLD (XAU/USD) BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
Notice: ALL TRADES today especially major-pairs are very risky ahead the ADP-Figures!
GOLD (XAU/USD): Daytrade-Execution
Market-Buy-Order: 1939,60
Stop-Loss: 1918,60
Target 1: 1959,60
Target 2: 1975,60
Target 3: 1991,60
Stop-Loss: 21 (210) pips
Risk: 0,5% - 1%
Risk-Reward: 2,47
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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