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Goldsetup

XAUUSD A HEAD AND SHOULDER FORMED hello traders , so as i predicted last week gold perfectly droped to the 1920-1925 area. unfortunately for me i didnt manage to catch the move i was waiting for a retest for of the 1940s, and that didnt happen so i didnt make anymoney even tho my analysis went +200 pips. but it is what it is this is apart of trading , there will be more opportunities in the future. anyways it seems like gold might continue this bullish rally. as we can see the price formed a head and shoulders pattern it is very possible we might see gold drop another 200 pips back to the 1880-1900 area. here are our bearish clues : - dollar still too strong - the head and shoulder formation - Friday 1D Candle closed as a massive Inverted hammer Rejecting the 1920-1925 zone the breakout of the neckline will be our confirmation. also keep in mind this week is very action packed we have alot of stuff coming out like CPI which will determine the fate of the dollar and the direction of Gold . this is no financial advice just my humble opinion hope you liked the idea make sure to like and follow my trading view i post weekly setups and signals.
OANDA:XAUUSDShort
by xAB777
Gold 25-24 to do more, retrace and continue to do more What matters is not effort, but direction. The pressure is not that someone works harder than you, but that people who are several times stronger than us still work harder than us. Even if you can't see the future, even if you can't see the hope, you still believe that you can't make mistakes, you can't make mistakes with the person you choose, and you can't make mistakes in the life you choose. What wakes us up the next day is not an alarm clock, in fact, it is a dream! Gold, broke through the U.S. market in the day, and currently the highest hit around 34. On the other hand, the white market fluctuated slightly, but it still couldn’t get rid of the fate of being washed. The early retracement of the U.S. market was also unexpected. Fortunately, we see After all, the idea of buying more will remain unchanged. After reaching around 14, it will rise rapidly. In the short term, we still need to continue to do more in the market. Now that we have broken through the 20 line, the pressure on the top will also remain at the previous high point near the 50 line. However, the probability of touching this position is not high. Once it continues to touch this position, it is very likely to form a breakthrough again. As for this wave of reversal, I personally think that the high point should be maintained at around 45. If this position is touched again later If it is nearby, it is still an ideal point for us to continue shorting in the later period. No matter what the trend in the later period is, we still need to continue to try to short and wait for this position. At present, gold continues to maintain above 30. It is too early to continue shorting at this position, so be patient Wait for the retracement to continue to do more around 25-24, the target is around 35-45, and the loss is 19. At the same time, the short-term moving average support effect of the daily line is obvious, and we will continue to see more in the short term.
FX:XAUUSDLong
by Richard-Wagner
2
GOLD SHORT!! SCALP TRADE!!Hey Traders, Here we are with the analysis of the gold, so far in higher time frame we are in bullish trend however we reached to one of the key supply area, and we expect to change the trend in lower time-frame which we can scalp on counter trend, So what we see is clear break of structure just bellow and you see change of character, So we wait for the price to reach our key level to take short position, I am taking 0.5% risk on this trade as it is scalp and counter trend, So lets see how price reacts we can have a clear drop to the level we determined... Thank you for supporting, Any question comment me bellow @FxShzd team
OANDA:XAUUSDShort
by FxShzd
GOLD forecast 18June2023I have two options for analyzing the movement of GOLD. The first option is that the price is in a bearish channel and is trying to retest the trendline before finally going down to the SnD area. Or maybe the second option is that the price is in a sideways trend, where the price will move up to the resistance, if the blue box resistance is indeed responded positively, then the price should go back down. sometimes we are placed in several choices, when this happens we should still wait for confirmation in the form of patterns, candles or maybe indicators, after there is confirmation we can react better.
OANDA:XAUUSD
by Hokusai_FX
xauusd setupsthere is a FL up ahead which avoids price to go further, I believe this Fl will consumed ASAP and the price will go for next demand zone. TP is the next supply zone that can be a good place for LONG! ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks and rewards. Good luck ❤️
FOREXCOM:XAUUSD
by mirzaeiamirsoheil
Gold 4hr TF setup for CPI When considering CPI, a lower figure is preferred when buying assets such as gold, EUR, EURUSD, Cable, and indices. The weaker the CPI, the better it is for risk assets, especially those associated with hedging against the dollar. For instance, if there is a year-on-year 4.7% inflation and a month-on-month 0.2%, it would be ideal to buy indices and sell dollars because the data has outperformed. If the CPI is lower than expected, buying gold and selling dollars is a good option. Gold, GBP, EUR, and JPY are some of the assets that may be purchased in such a scenario. Indices such as S&P may move 30-40 points, while Wall Street may see a few hundred points move. Typically, any CPI figure before 4.8 or lower is considered a good data point. It is crucial to analyze the CPI figure excluding food and energy. Food and energy prices have rapidly increased in the last two years, making them an important outlier. However, we are starting to see food and energy prices normalize, and they have been coming down steadily over the last three to four months. If the CPI comes out at 5%, and food is at 5.5%, it is not a good number. The ideal situation would be to see continued decreases for six months. If there is a slowdown in one or two months, that is a problem. Currently, the Fed is still raising rates, which can aid in stabilizing prices. CPI inflation and rates are positively correlated.
TVC:GOLD
by ChartStrategist
Gold 4hr TF I am closely monitoring gold's movements and have a plan in place for both scenarios. If gold breaks the uptrend channel, you anticipate a fall to 1950, where you plan to look for buying opportunities. Alternatively, if gold breaks the decline trend line, you anticipate an acceleration to 2050 and plan to enter on pullbacks to find buying opportunities. Gold miners are up 1.60% while gold is only up 0.10% is a positive indication that gold may turn bullish and break the decline trend line. Silver has broken and retested a 2.6 year channel, which suggests that the bulls have taken over and silver should begin to swing bullish.
TVC:GOLDLong
by ChartStrategist