Gold 03-02 is long, it is expected to bottom out.
Gold, formed a small sideways pattern after the opening of the market yesterday, and there was not much movement in the European market. However, the first wave of declines was ushered in before the US market, but the magnitude was not large, and the US market broke down for the second time. The lowest hit After reaching around 02, it starts to reverse, so this action also indirectly shows that a certain support is expected to be formed below the short-term. After all, the first-line position of the integer level 1900 is also the previous regional support position, and this position is likely to usher in again. The role of upward repair, while the current upper pressure is maintained at the 20-line, and the lower support is maintained at around 1900. In view of yesterday's bottoming out of the U.S. market, there have been certain changes in the operation within the day. If the retracement is below 05, we can try to go long and wait to see if the bottom can be successfully built. On the contrary, if we first reverse the draw and see below the pressure of 20, we can still selectively short again and wait to see the follow-up development, such as long-term If we stand firmly above 20, we need to readjust the overall situation. If we withdraw first and go long within the day, and if we withdraw first, we can continue to short. Go short around 19-20, and the target is around 08-03
Goldsell
Gold D Sell Idea 7/29/23Gold D has formed a M. Friday was the retest of the neckline for that M. There has also been a bearish break and retest of a W trendline on the daily.
The 4H has hit 50% of the FVG (fair value gap) that was created and started to drop. The W trendline has not been closed above on the 4H time frame.
The 1H has created an evening star at the 4H FVG, also having a bearish break and retest on the W trendline.
Looking for price to continue bearish possible to the D Zone created 7/6/23 around 1911.00. At the least price should fall to Fridays low around 1945.53, a good 137+ pips from where price closed on Friday.
Gold 24-25 is short, and the interval is broken and short.
Gold, once again rose and fell back yesterday. Stimulated by the news in the U.S. market, it quickly rose above 30 and then began to fall. Fortunately, this upward move was only a short-term short-term wash. Continuity, then gold is still in a short position at present, the daily moving average system is under pressure, and the long upper lead formed by the rise and fall can also promote the development of short positions in the later stage, and the current support below gold will be Continue to maintain around 05-00, this range is also the position of the top-bottom transition in the later period, but with the continuity of the short position, the current operation is also a bit simple, although sometimes there will be sudden washing, but the overall general direction Still unchanged, and from the performance of the European market yesterday, we can also see that in the case of the previous day's breaking low, the European market has been slow to move, but has the intention of a reverse breakthrough, so before the US market, we still need to Adjust the short-selling point, which has been emphasized more than once, and it is currently maintained at the 25th line of the anti-drawing point in the US market. In this short-term, if it touches the position below this position, it can still be short-selling, and the short-term gold anti-pumping point will see 24-25 Nearby short, the target is around 15-10.
XAUUSD Gold buys and sells on the 1h timeframebased on the levels after news we can safely look at 2 key levels where price can go either way. I do not marry a bias, I am very much here to scalp so for that reason I'm fluid with direction.
We have had 1 win already today which was posted 2 hours ago, a second one to close the week off would be great from here.
Gold short-term is still shortwww.tradingview.com
Gold, the bears made another effort yesterday and broke through the previous support line 20. This action also fully demonstrated the short-term short-term downward demand. The daily line continued to close at the negative line, and the moving average system was suppressed. This is a relatively obvious short-selling signal. Then in the short term, we still need to maintain a short-term thinking to operate, and the first target below is maintained around 1905-1900. Once it reaches this range, there is likely to be a wave of small corrections. But the strength should not be strong, and the current pressure on gold is to maintain the top-to-bottom conversion position. At the same time, yesterday's anti-drawing high around 1927 can also be used as a key reference position for the day. The range of retracement should not be very large, because if the range is too large, it is likely to lose the motivation to continue to fall. In the short term, we still wait for the shorts to retrace and continue to short sell:1922-1924 TP:1910-1905
XAUUSD Gold 1 hour breakdownWe are back into the range we were stuck in last thursday, based on this I would be cautious on taking any trades untill we get a rejection at the support or a close below the support so that price can continue down.
until we see price make a decisive move, I'd be wary of taking trades in this range as it can get messy.
GOLD 30min FOREXCOM:XAUUSD
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Now I'm waiting for this scenario.
I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
XAUUSD
low risk,
30min,
EP1=1945.6
SL=1955
TP=1930
R/R=1,1.66
EP2=1948.7
SL=1955
TP=1930
R/R=1,3
is not financial advice
XAUUSD Gold monthly breakdownDespite gold closing bullish for the month of July, Price action indicates bears are still in control and there are opportunities for swing-sells
The reason for this is due to the fact that the 1970-1990 levels were rejected in the month, showing strong resistance is still intact and we can anticipate the support created at the 1900 level to be broken for a continuation down to 1825.
XAUUSD Weekly analysisI've tried to make this as clear as possible, but we can see in the past when Gold has moved above 2000, it returns to the 1900 level where it rejects, before retesting the 1980-2000 range and then moving down towards the 1900 level and even lower.
This is a key market structure and pattern we have seen play out with Gold, which is a very technical pair. When it comes to swing trading/scalping being able to zoom out and take a look at the bigger picture helps to give a greater understanding of the bias to allow trades maximum room to push.
XAUUSD:Chasing high has no advantage
Yesterday, I analyzed that gold will fluctuate and rise, gold buy1972 tp1980-1985, and finally reached the target point of our attention near 1984. This position is an important suppression level in the early stage. With strong pressure, today's hourly line closes below this position, which will bring a certain callback.
Since looking at the bottom in 1920, it has been bullish until around 1984. The overall rise has eaten up most of it. I will not be blindly bullish in the future. I will wait patiently for the daily level to fluctuate at a high level before making further plans. Many people will definitely say that this is the time It's not easy. It's bullish with the trend. It's true that the trend is so, but under the strong weekly line of 4 consecutive positives, there is no advantage in chasing higher.
gold sell 1984-1989 tp 1980-1975
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XAUUSD GOLD Sell Trade IdeaXAUUSD - GOLD - Market Analysis
Smart-money concepts / Institutional trading strategy
Thursday price started to slow down after creating new highs earlier in the week.
Following structure from the 4H down to the daily, we can see very clear breaks of structure towards the down-side.
Entry is based on 4 of my confirmations including Risk:Reward over 1:5.
Could take gold lower but will be waiting for further price action when market opens.
XAUUSDgold is in 4hr central pivot zone which is a nice retest area for a possible down move also have some divergence forming at this level for even more confirmation
this last up move caused a orderblock to be formed around 1926 which where im aiming for maybe even lower depending on price actions when it get there we could head bakc to that green trend line if it does break 1925 a nice 100-250 pip move is what im looking for
GOLD Analysis 7July2023looking at this analysis with the D1 time frame, the price is right at the strong resistance and the resistance is in direct contact with the trendline.
This trendline forms a downtrend channel.
I also see a hammer candle which we can interpret as one of the indicators of a rejection and the beginning of a possible reversal/correction.
looking at the last 5 candles (last 5 days) that tried to break the resistance and failed, there is a possibility that the price will go down first.
Potential Short Trade Opportunity in XAU/USD - Bearish MoBased on analysis, it appears that a promising opportunity is emerging for a potential short trade in the Gold (XAU/USD) market. The suggested entry range for sellers is between 1949 and 1951. 📉💰
Take-profit targets for this trade are set at 1945.00 and 1940.00, aiming to capture downward momentum in the market. 🎯💥
To manage risk, it is advised to set a stop-loss (SL) level at 1960.00, helping to protect against potential adverse price movements. 🛡️⚠️
Keep in mind that market conditions can change rapidly, so it is essential to remain vigilant and adapt your trading strategy accordingly. As always, exercise your own discretion and adjust the stop-loss and take-profit levels to align with your risk tolerance and trading plan. ⚙️💪
Remember, successful trading relies on careful analysis, risk management, and disciplined execution. Best of luck and happy trading! 📊💼✨
#TradingView #XAUUSD #Gold #ShortTradeOpportunity #TakeProfitTargets #TechnicalAnalysis #MarketAnalysis #RiskManagement #TradingStrategy
XAUUSD - More than one scenario for gold, all to the downsideWe have two scenarios for gold based on technical analysis and fundamental analysis
Technical analysis says that gold has a very strong resistance. In addition, I expect tomorrow's data to be negative for gold and positive for the US dollar.
The first scenario is a direct decline in gold, and the second is a rise soon, 1983-1984 -
1986, after which gold continues to decline until 1962