Joe G2H - Selling Gold, huge reversal on the dailyTrade Idea: Selling Gold
Reasoning: Major reversal on the daily.
Entry Level: 2034
Take Profit Level: 2003.75
Stop Loss: 2048
Risk/Reward: 2.1/1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Golddollar
Gold set to break resistance; $4878 possible this year? Gold is currently approaching its next Fibonacci resistance level of $2096. Once this level is convincingly broken, the next resistance levels will be $2272 and $2463. According to my Elliott wave analysis, gold has started its third impulsive wave, which is part of a higher degree third impulsive wave. These impulsive waves are typically the most explosive and long-lasting. Therefore, we can expect an exciting spectacle in the coming months. I do not rule out a short-term price target of $4878 within a year, as this price target is based on the 1.618 Fibonacci extension of the impulse wave 1 (Dec '15 - Aug '20). Lastly, the monthly chart shows a MACD crossover, which supports my bullish expectations. This typically indicates that the price of gold is expected to continue its upward trend.
When the Dollar fall each time, Gold increases a few foldsMany got distracted when Gold was trading in a range the last few years.
A question for you to ponder over:
Will there be a situation where interest rates continue to rise and yet a lower Dollar? Why?
Let me hear thoughts, I would love to exchange ideas with you.
Included last two videos link below, I explained:
i) Gold is still an inflation hedge
ii) Gold it is also a currency hedge
CME Micro Gold Futures
Minimum fluctuation
0.1 = $1
1 = $10
10 = $100
100 = $1,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
XAUUSD Gold Next MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel in Short Time Frame as a Corrective Pattern
Selling Divergence in Short Term and Buying Divergence in Long Term
Break of Structure
Bearish Channel in Long Time Frame
Completed " 12345 " Impulsive Wave and " A - wxyxz " at Fibonacci Level - 78.60% and Making its " B " Corrective Wave
XAUUSD (Gold) Daily:13/02/2023: It looks like a sell opportunity
As you can see, we expect the price to rise from here until our low time frame supply zone and then fall.
For that, we need confirmation.
We can define targets as follow:
1848
1826
1815.6
💥Important note: If the low time frame supply zone (you can find it on the chart) will not confirm, we expect the price to rise and fill the fair value gap of 1918.54- 1920.47.💥
💡Wait for the update!
🗓️13/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
NEXT STOP ASIAFor me Gold looks bullish. did took a nice sell just before. now looking for long so that we can come up and fill the Asia Range that moved the price to the down side.
Also we have an OB on the 1 min chart.
What do you guys think?
Please leave a like and dont forget to comment your opinion!
XAUUSD - Preferred trade is to buy on dipsXAUUSD - Intraday - We look to Buy at 1740.0 (stop at 1730.0)
Bespoke support is located at 1739.0. Buying posted in Asia. A move to 1773.0 will form an intraday bearish Gartley pattern. Risk/Reward would be poor to call a buy from current levels. Preferred trade is to buy on dips.
Our profit targets will be 1773.0 and 1775.0
Resistance: 1773.0 / 1775.0 / 1800.0
Support: 1740.0 / 1723.5 / 1713.5
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Joe Gun2Head Trade - Selling GoldTrade Idea: Selling Gold
Reasoning: Rolling over to the downside. Expecting Dollar to remain king.
Entry Level: 1651.46
Take Profit Level: 1617.50
Stop Loss: 1660.05
Risk/Reward: 3.96:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
🥇Gold🥇 Analyze (Shor term,10/13/2022)!!!It seems that Gold is completing wave 5, and the end of this wave will most likely be in the support zone.
I expect Gold to start growing after the completion of the 5th wave, at least until the micro-end of the 4th wave, and touch the support zone.
Gold Analyze ( XAUUSD ), Timeframe 1H (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold forecast and idea |XAUUSDCurrently, the Gold price chart is facing an increasing angle in a descending channel. ( the Opening angle in the range of motion frequency, also call geometric Brownian motion ).
There is a possibility of Breaking the bottom of the Channel and a Fall in the price range of $1,718, and this price range is also the Bottom line resistance of the channel.
Gold dollar and XAUUSD
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2022/8/1 17:30 XAU/USD analysePivot Point: 1766
Currently: Consolidating at this 1773 level , its next support zone is at 1780
Reaction: Resisted at 1756 and retraced back to 1750
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GOLD-More bear or more bull?Hi everyone
The effects of U.S. consumer inflation data on Friday can be seen already.Starting the week with a red bar doesn't look good.
There is a triangle pattern on daily on XAUUSD and it has already seen 2 pushes down, this move down will be the 3rd.But in case a break out occurred reaching lower levels will be possible.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.