XAUUSD top-down analysis, UPDATED!!Hello 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.
Goldsell
Gold Short on HourlyExpecting to see XAUUSD fall to support price 1616.00 by the end of the week.
The dollar remains strong causing the price of Gold to continue to drop.
I have based my analysis on the last time Gold saw these price points around the end of September. We can see MA crosses back then around the same price that we see them now before the price dropped.
Sell Entry: 1645.00
Targets: 1642.00 | 1640.00 | 1635.00 | 1629.00 | 1624.50 | 1620.00
Support: 1616.00
Be sure to like this post and let me know what you think in the comments below!
Gold forecast and idea | XAUUSDHi traders,
it is a continuation of a bearish trend in gold, So i have my sell trade
But there is the possibility of a price correction and a return to the daily support zone.
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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.
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XAUUSD top-down analysis, UPDATED!!Hello 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, UPDATED!!Hello 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.
Tue 11th October 2022 XAU/USD (Gold) Daily Forex Chart Sell Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XUA/USD (Gold) Sell. Enjoy the day all. Cheers. Jim
XAUUSD gold short - continued shortA followup from the trade taken earlier today, we can see price is approaching a messy range from last week, with this we are looking for price to break below this range highlighted, if we can guarantee a break and retest of this range with price action then we will be looking to continue shorting.
Congrats to those that followed the trade as it was posted earlier, sell stop was hit and then saw price continue down as anticipated.
minimal risk, close 80% of positions and enjoy that 1.5RR for the day.
XAUUSD - gold sells 1.5rr minimumlooking at potential gold sells this morning based on the close of the 30m candle - this is an important range and price action move as it returns to a previous range before last weeks move up.
keep risk small as always.
This will be taken on my prop firm account as well as personal account so I'm confident in this trade.
XAUUSD top-down analysis, UPDATED!!Hello 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 Powerful SELL Signal View....
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GOLD: Bearish Multi-Bar Fakey SetupGOLD – SPOT: Selling On Retracement To Within The Range Of Bearish Multi-Bar Fakey Setup
Price Action: Price moved lower from the Bearish Multi-Bar Fakey Setup that had formed mid-last week (We suggested selling on a breakdown of this setup in the Sep 22nd, members' daily newsletter).
Price exploded lower from the prior Bearish Multi-Bar Fakey Setup that had triggered early last week (Price just tickled above this Setup, before collapsing back down), (We suggested selling on a breakdown of this setup in the Sep 12, weekly newsletter and hopefully, some traders got on board)
Potential Trade Idea: We are considering selling on retracement higher to within the range of the most recent Bearish Multi-Bar Fakey Setup that had triggered late last week.
Sell the break of yesterday low on Gold.Gold - Intraday, 9 pm UK time - We look to Sell a break of 1653.22 (stop at 1670.57)
The medium term bias remains bearish.
We can see no technical reason for a change of trend.
A break of yesterdays low would confirm bearish momentum.
The measured move target is 1610.00.
Our profit targets will be 1613.40 and 1600.00
Resistance: 1689.00 / 1736.00 / 1800.00
Support: 1613.00 / 1516.00 / 1370.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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GOLD: Bearish Multi-Bar Fakey SetupGOLD – SPOT: Selling On Retracement Higher To Within The Range Of Bearish Multi-Bar Fakey Setup
Price Action: Price formed a small Bullish Tailed Bar Signal late last week (We are not considering trading this signal).
The exploded lower from the Bearish Multi-Bar Fakey Setup that had triggered early last week (Price just tickled above this Setup, before collapsing back down), (We suggested selling on a breakdown of this setup in the Sep 12, weekly newsletter and hopefully, some traders got on board).
Potential Trade Idea: We are considering selling on retracement higher to within the range of the most recent Bearish Multi-Bar Fakey Setup that had triggered early last week.
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 :)