Gold Finally Breakout Cup & HandleGold Momentum is strong bearish and RSI below 30 mark strong bearish
near term support 1660 a close below targets $1655/$1650/
Goldsell
Gold Major Trendline Testingwe see an attempted test of the 1677 liquidity zone, the price fails to reach the important zone by a few dozen pips and forms a pullback.
GOLD: Bearish Multi-Bar Fakey SetupGOLD – SPOT: Selling On Breakdown Of Potential Bearish Multi-Bar Fakey Setup
Price Action: Price formed a Bearish Tailed Bar Signal late last week (We are not considering trading this signal).
Price has been forming a Potential Bearish Multi-Bar Fakey Setup since Tuesday, Sep 6th (This setup will only trigger if price breaks down below the Mother Bar).
Price moved lower from the Bearish Pin Bar Signal that had formed on Thursday, August 18th (We did not consider trading this signal, nor did we mention it at the time it formed).
Potential Trade Idea 1: We are considering selling on a breakdown of the current Potential Bearish Multi-Bar Fakey Setup.
Potential Trade Idea 2: We are considering selling on a retracement higher whilst price remains under $1765 short-term resistance level that coincides with the recent Bearish Pin Bar Signal that had formed on Wednesday, August 18th.
Could Gold Fall Below 1300?The Weekly on Gold shows a few interesting things.
1. Double Bottom.
2. The most recent candle is a doji.
3. Price often is rejected in this area in the past.
These could be potential bullish signs.
HOWEVER
On the other hand, if price continues to go down, it could turn into something similar to what happened beginning in April 2013.
Price pushed down about the same amount as the range it was in.
GOLD another opportunity !!GOLD (4H) is in a long-term downtrend. After the previous monthly close, we see gold almost approaching the support and it is a high probability that GOLD may break the monthly support as the long-term trend is highly bearish. Currently on 4H Gold has formed a head & shoulder and the price currently tests the neckline of the head & shoulder. Once rejected, there is another selling opportunity one GOLD may appear.
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gold xauusdxauusd , gold trading idea. as you can see my analysis about gold trading what you say, tell me your ideas about gold trade. I want to share my experience with you., So if you like my work then share with your friends and follow me for more gold, forex and crypto trading ideas.
XAUUSD Gold 15 Min chart Demand and Supply Levels.XUAUSD GOld 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 1,680/- to USD 1,83/-
Bearish Supply Range ( Go Short) - USD 1,708/- to USD 1,714/-
#Gold # XAU
Suggested Move - Short at USD 1,708/- to USD 1,714/-
GOLD SELL SCALPHi team
I had a few issues with my laptop - sorry for late posting!
I will be doing a full analysis soon.
Gold is following swing direction (see linked post).
I think we have a scalp here! Speed is of the essence, so details later.
Like what I do? Why not follow and like my ideas!
DrBear
Gold Rejected Breakout Channel Gold Break below 21-EMA and trade into down channel
Gold RSI 60 mark resistance and triple top and stcoh momentum show bearish
XAUUSD Gold 15 Min chart Demand and Supply Levels.XUAUSD GOld 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 1,714/- to USD 17.14.50/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 1,732/- to USD 1,730/-
(Red Circle in Image)
#Gold # XAU
Suggested Move - Short at USD 732/- to USD 1,730/- range
XAUUSD 5 SEP 2022 - Prediction XAUUSD Trading at 1714$ per Ounes.
We Expect gold for Short Term Selling from 1726 to 1736 Area.
Use Trailing Stop and proper Money management with not more then 2% of risk on your whole capital.
If Gold breaks the Trendline and moves up it will change the trend.
Use Tight Stoplosses in your Trades.
Close half of your tardes while approaching to half or the target Area.
Regards:
Syed Abdullah shah
GOLD SELL TODAY QUICK SCALP!Hi Team
I have hit at least TP1 on EVERY SINGLE POST for the last three weeks.
Nod bad, eh!?
This one is simple. We got a quick grab on gold earlier this week, and now we see a minor retracement. Gold moves VERY fast on news events, so my advice is to be in and out quickly with this one!
Keep a look out for daily posts (I am on call night shifts this week - so saving lives AND saving your money!)
Let's continue to move forward and make gains - I have exceeded my monthly salary this week alone.
As ever - be sensible, be patient - always use a SL.
Good luck, Trade safe.
DrBear
XAUUSD / GOLD 💠 for #XAUUSD 📈
➖ ➖ ➖ ➖ ➖
🔰Gold did not reach the price of 1680, which is considered a strong support area, although there is a high probability of breaking it.. so I think that it will return the decline to 1680, and this is indicated by the weekly frame.. Among the most important reflexive areas that will lead to its descent are at the price: 1722 and 1731. It is better to Sell at these price zones
GOLD SHORTmy confluences are the same as always, ill be scaling in into the position on the 1h when there are obvious opportunities
Gold price is trading weakGold price is trading weak as the US dollar rally. Markets eye US Non-farm payroll data for further direction. The US economy is expected to add 30000 jobs below 528000 in July. Any dismal data will push the yellow metal higher.
Technical:
The near–term support is around $1690,The yellow metal faces minor resistance around $1720
XAUUSD BEARISH OUTLOOKGOLD spot instrument keeps falling with the increase of the interest rates in USA and strengthening the dollar. It is showing a consistent downtrend on the 4H graph and it is again under the levels of 1700, first time for five weeks.
The instrument broke the daily support level at 1716 and keeps decreasing in price. Bears might look at a short positions with target 1672. RSI is below 30 and MACD histogram is below zero line.
Alternatively, the instrument might return and test its previous support at 1716.
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GOLD top-down analysis, UPDATED!!Hello 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.
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GOLD short term sell zone!!GOLD is in a strong downtrend in all timeframes.
Today after the monthly candle closed, GOLD broke, all the local support and it is highly likely that GOLD will retest the monthly support and may continue to drop.
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Gold Downtrend Gold bearish and near term resistance 1720
and support 1700
RSI momentum strong bearish
Gold Finally Testing cup and handle supportGold rejected 21-EMA breakout and cloud base resistance
RSI sharply break down at 50 mark momentum is strong bearish
GOLD possible sell area!!GOLD ( 4H ) is in a long-term downtrend based on multiple timeframes. Currently, the price is in a pullback stage and it is highly likely that GOLD may rise to 1760 to test the previous support as resistance as a trend continuation pattern. Upon price action confirmation, a selling opportunity may arise in GOLD after rejection.
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GOLD – SPOT: Selling On RetracementGOLD – SPOT: Selling On Retracement Whilst Under $1787 - $1805 Resistance Area
Price Action: Price moved lower from the Bearish Pin Bar Signal that had formed late last week (We did not consider trading this signal, nor did we mention it).
Price moved lower from within the range of the Bearish Pin Bar Signal that had formed on Wednesday, August 10th (We suggested trading this signal in the August 11th members' daily newsletter).
Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under $1787 – $1805 short-term resistance area that coincides with the recent Bearish Pin Bar Signal that had formed on Wednesday, August 10th.
