XAUUSD sell on FOMC? UPDATE!!GOLD 4h has formed a triangular bearish structure that already has broken with a gap. As the price is below the monthly support level, the daily price already has created a series of lower highs with absolute bearish price action, it is a high probability GOLD will continue to drop. As FOMC comes, there is a probability to have a spike to the upside to test the support of the structure as resistance @1667.72 level or zone. Upon rejection, a selling opportunity may arise.
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Goldforecast
Gold forecast and ideaHi traders,
In the continuation of Saturday's analysis, Gold can be predicted to drop to the $1,600 range
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
GOLD is preparing to break monthly support?GOLD (4H) is currently below the daily support level and has formed a bearish Doji. As the long-term trend is bearish, monthly, weekly, and daily price action is strongly bearish and the price is likely to continue to drop and we may see monthly support broken.
Upon retest of daily support as resistance and rejection, a sell trade is highly probable :)
GOLD try to break long term support GOLD / USD
GOLD try to break the long term support shown in my chart , as you can see price hit the lowest price since April 2020 !
Trigger for bears :
If price closed weekly below 1660$ , bears will lead the market to 1550$-1500$ first support then 1400$-1330$ second support
Do you agree ?
Share with me in comments section below ⬇️
Gold Scenario part 2 -Pull-Back & Return from Resistance Zone 🧐Hi traders, and have a great and pleasant weekend!
If the Gold price ( XAUUSD ) hits the resistance zone and fails to break through it, we will see the price return to the $1,800 range.
Before the price returns to the upward trend, it will hit the resistance zone at least one more time and try to cross that.
⭐ An important notice: Crossing a resistance line or a resistance zone means:
crossing a 1-H candlestick or bar and closing the candle after the resistance line or resistance zone. (or time frames higher than one hour, such as 2 hours or 4 hours, etc...and it's the same role for support zone or support line )
⭐⭐ And another important notice: to confirm the break and crossing of the resistance zone, is very important than the next candle or bar crossing from the minimum price of the last candle.
( it's must be at least 3 to 5 pips crossing from the last bar and for uptrend is the maximum of the last bar or candle )
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
------------------------------
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
Gold Scenario part 1 - Break the Resistance Zone & Falling 🧐Hi traders, and have a great and pleasant weekend!
If the downward movement of Gold ( XAUUSD ) can break the Resistance Zone and cross it, this downward trend is likely to reach the price of $1,500.
In the next gold analysis post, I will publish the analysis with the probability of Not to breaking the Resistance Zone.
Good luck All
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
------------------------------
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
Gold Forecast UpdateRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision.
------------------------------
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the TREND LINE BREAKED and UP about 160 PIPS. We hope you get it.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them. US INFLATION DATA to be released. Therefore, you should definitely pay attention to GOLD.
Anyway, with US10Y DOWN, GOLD is going up a bit now. Anyway, we expect that GOLD will go UP to 1794 LEVEL. After that GOLD can definitely go down to 1671 LEVEL. Be careful..
XAUUSD Multi timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press the like button if you enjoy this content 😊
DeGRAM | GOLD longGOLD is moving in the ascending channel .
If price action tests recent support level , the we can look for buying opportunities.
We can see a bullish pressure. The market made higher lows.
We expect a bounce-off from the support level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | GOLD longGOLD is moving in the ascending channel.
If price action tests recent support level, the we can look for buying opportunities.
On the 4H timeframe the market created a double bottom with divergence.
We expect a bounce-off from the support level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
XAUUSD Multi timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press the like button if you enjoy this content 😊
GOLD Senario Sep. 9thKeypoint for tomorrow Sep.9: 1713.32 which Represent resistance if it breaks possibly
Target1: 1722,94
Target2: 1737
If the price was not able to break the keypoint
Target1: 1698.04
Target2: 1989.04
XAUUSD - GOLD CURRENT SITUATION
#XAUUSD
According to the analysis given to XAUUSS earlier, the TREND LINE BREAKED and went UP about 80 PIPS. We hope you get it.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them. There was a SPEECH by FED CHAIRMAN yesterday. There are two more FOMC MEMBERS SPEECHES today.
Anyway, with US10Y up, GOLD is going up a bit now. Anyway, we expect GOLD to go down to 1671 LEVEL. After that you can definitely move to 1782 LEVEL GOLD. Be careful..
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis given to XAUUSS earlier, the TREND LINE is BREAKING and DOWN about 200 PIPS. We hope you get it.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them.
Anyway, with US10Y UP, GOLD is going down a bit now. Anyway, we expect GOLD to go down to 1671 LEVEL. After that you can definitely move to 1782 LEVEL GOLD. Be careful.. gold