Goldforecast
HOW TO TRADE GOLD...Episode 1Gold is a very volatile metal...the moment you choose to trade Gold, you are ready to win and loose money. Here is a secret.
NB. You don't trade Gold with little money. Least you can trade Gold is at least 100$ for beginners with lot size 0.01.
GOLD IS NOT A RESPECTER OF PIPS...
XAUUSD top-down analysis,UPDATEDHello 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 possible buy zone!!Currency Pair : GOLD
Possible direction : Bullish
Technical Analysis : On market opening GOLD bulls has grabbed liquidity and prepared for another bullish move. From multiple timeframe perspective all timeframes ( Monthly, Weekly, Daily, 4h and 1H is aligning for bullish setup). As long price action is bullish, and there is no significant resistance for the price to stop, highly likely GOLD will have another take off towards moon!
Possible trade recommendation : Bullish on the retest of the previous resistance turns support
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
XAUUSD top-down analysis,UPDATEDHello 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,UPDATEDHello 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 possible sell zone!Currency Pair : GOLD
Possible direction : Bearish
Technical Analysis : Price has broker out of the bull flab but bulls could create a new higher high. Instead, price started drop and currently price has grabbed liquidity from resistance level and preparing a possible reversal pattern. As the market is over extended, it is highly likely that price create a deeper retracement to the next liquidity zone!
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
XAUUSD top-down analysis,UPDATEDHello 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.
THE BIG XAU SHORT! (part 2)Over last 2 weeks, the market has stopped responding to fundamentals which are showing a stronger labor market than the Fed is willing to tolerate; should have pushed XAU lower.
We're 2 weeks away from the next rate hike (February 1st) and we could see a correction in this time, especially if the market is expecting a less aggressive Fed. In that case, price will likely correct going into the hike and then explode higher on Feb 1-2.
With DXY & Yields moving higher, we're likely going to get this retest of 1900.
*NOTE: either the big short is in play right now or we will get a push higher towards 1960 before it occurs; one thing is for certain - price needs to correct going into Feb 1st rate hike
XAUUSD top-down analysis,UPDATEDHello 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 Trading Plan - 16/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect Gold to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
catching THE BIG GOLD SHORT!Over last 2 weeks, the market has stopped responding to fundamentals which are showing a stronger labor market than the Fed is willing to tolerate; should have pushed XAU lower.
We're 2 weeks away from the next rate hike (February 1st) and we could see a correction in this time, especially if the market is expecting a less aggressive Fed. In that case, price will likely correct going into the hike and then explode higher on Feb 1-2.
XAU is reaching a key monthly lvl by tomorrow (1937) - valid short.
*NOTE: I'm looking to catch a large reversal and 1937 is 1 of 2 scenarios for this potential upcoming move (see chart for more details)
XAUUSD top-down analysis,UPDATEDHello 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 xauusd sell areasgold trading setup
we sell gold from 1924-23 and our target is about to hit 191.
stopp loss is 50 pips and target is 120 pips.
as per risk management the trade can gives us good and handsome profit with gold sell setup.
follow me for more better gold trading setups.
hit the like, share and comment
Gold price begins with new positivityGold price shows new positive trades by today’s open, motivated by the positive signal provided by stochastic now, waiting for more rise to achieve our targets that start at 1900.00 and extend to 1928.60.
The EMA50 supports the expected rise, which will remain valid unless breaking 1865.00.
GOLD is about to breakout!Currency Pair : GOLD
Possible direction : Bullish
Technical Analysis : GOLD bulls has primarily first has broken resistance and then again has broken the support to grab strong liquidity grab. Finally price again created strong uptrend with multiple liquidity grab. As the price has strong momentum, it is highly likely price will continue to rise to at least psychological level @Adrien1899
Fundamental : CPI release is fueling the price the bulls!
Possible trade recommendation : Bullish
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
GOLD: Consolidation in short term?Hello everyone!
As we said at the end of last week, Gold could have triggered a new TOP before preparing an interesting corrective move. That said, our view remains unchanged and expect a bearish leg in the near term with a potential Target around 1.791.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
Thanks for your attention and please... trade with care! 💖
XAUUSD top-down analysis,UPDATEDHello 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.