GOLD/XAUUSD ROAD MAP Friday was a Good sign on its down. but with cautious trades with proper management on risk.
I am looking for a sell on Open monday. ride it until 2630.
Trade with risk. The idea is mini distribution on 1hr. see the chart how it could test again the 2660-2670 zone. before it will rip lower.
Once this idea works . I will update with more context. the buyzone will be posted next week once this idea works.
This is only my view.
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This is not a financial advice either.
FOr copy trades come and check me
out. im not posting too much on the ideas here! focusing on my trades base on my understanding. Trade
at your own.
Goldpredication
GOLD/XAUUSD MONTHLY Higher speculations this week ahead on FOMC/FED rate, Im expecting price could go higher again atleast 2500 level befor it rips below 2000 level.
This idea base on MOnthly opening on MAY and this June month. Im expecting price to go lower after the New high.
Im not saying this trade a buy this time. Im buying 2000 level again for longterm hold. If youre on
scalping this is not for you. THis idea are for longterm trades or monthly or Quarterly .
Im expecting the dollar might go back again. imagine those level 104$ not so much changing.
Now I will be updating this idea once the price goes above and Goes lower or 2000 level again..
This might be the boring trades you got.
This is not a financial advice.
Follow for more MOnthly trades on $GOLD.
ciao.
Im here to give you context on higher view.
GOLD MONTHLYTrade base on your own understanding, this idea base on monthly opening price at 2286.7
The idea must be clear that previous low before it rise up again. atleast 2265-2255
Once the previous low clear , we wait for price to form a shift of structure.
But if youre an agressive trader welcome to trade it in. Im waiting the price to comeback to 2286.7 for my entry.
This is not a financial advice, confluence and noise on lower timeframe makes you feel your wrong or right, but you must accept the higher timeframe key here!
Follow for more .
Trade at your own risk.
risk only 2% of your account.
Gold ShortIs till believe that OANDA:XAUUSD doesn't have enough momentum to beat previous highs of 2400 to 2450. Bullish momentum dies off after the sellers stepped In and tried to take control of the narrative three weeks ago from 2450.
Yesterday the price rose to 2350 and was unable to stay above a mini-resistance 2360 and now I still think TVC:GOLD In OANDA:XAUUSD has to drop to 2300 or 2250s to find enough gas to go past 2400s and 2450.
On a short term Gold is bearish. on a long term gold is bullish
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Always trade with a hard stop loss and do your research before pulling any trades.
Gold will hit 1800 Today Gold Analysis Friday 11 November
Gold opened at $1747. Support is at $1735 and Resistance is at $1767. Trend is positive and volatile.
Fundamental events today according to Pakistan time.
12:00 PM, Britain's GDP figure
today there is a bank holiday in the US and in many countries therefore gold trading volume can be low.
Gold Will Hit 2500$ ? Gold Analysis Wednesday 9 November
Tuesday Gold performance: Gold opened at $1674, made low at $1664 and high at $1716. Gold closed at $1712, $38 higher than Monday closing.
Today, Gold opened at $1708. Support is at $1688 and Resistance is at $1730. Trend is positive and volatile.
Fundamental events today according to Pakistan Time.
1:00 PM, FOMC member Williams speech
11:00 PM, 10 Year Treasury bonds auction
Gold NFP Trade Idea Gold Analysis Friday 4 November
Thursday Gold performance:
Gold opened at $1635, made high at $1641, and low at $1616. Gold closed at $1629, $6 less than Wednesday's Closing.
Today gold opened at $1639. Support is at $1622 and Resistance is at $1658. Trend is almost positive and volatile.
Fundamental events according to Pakistan Time
05:30 PM, USA average hourly earnings, Unemployment rate and nonfarm employment change.
USA average hourly earnings, Previous 0.3% and market expectation 0.3%.
Nonfarm employment change, previous 263,000 and market expectation 205,000.
Unemployment rate, previous 3.5%, and the market expectation is 3.6%.
Let's see data will come good for US dollar or good for gold. Today gold will pump or dump according to the news. Because today is NFP and this is high impact news. From NFP news gold go move fast up or down according to the data.
XAUUSD (GOLD) BUY MORE FROM SUPPORTAs we can see Gold Global Trend is highly bullish and now it has broken two important resistance zone which become support now
in our previous analysis we had booked huge profit on gold more then 600+ pips and now we are still buying gold till US Index touch monthly and yearly support zone
near @ 88.50 so we are holding this shiny metal for long till design new TP with revised SL
those who missed the train can join the rally and dont forget to push like and comment
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XAUUSD (GOLD) sell from key level as we see gold is still under pressure and going for more dip as dollar stars recovery and Dxy move up word and now testing 93.80 area
which can become a fundamentally + technically support for $ so we already gain huge profits from a drop from 2010 from different zones
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