SELL Short term due to interest rate?Gold under pressure .. 0.75 bp or 0.5 bp? mostly vote 0.75bp for interest rate (FOMC)
btw please trade at your own risk.. good luck :)
Goldshortterm
Gold short term retracement 1HOUR TFGold will retrace to pink area as demand is waiting there. Tested twice on previous structure
estimate around 600 pips
XAUUSD PASSBY TRADE15 MINS TF. WHEN BREAKOUT EITHER SIDE, CONTINUE TO TREND UNTIL NEXT SUPPORT/RESISTANCE/TREND LINE.
15mins tf when breakout either side, continue to trend until next support/resistance/trend line.
XAU/USD short-term forecastA continuation of the surge of the price for gold might eventually reach and once again test the resistance of the 1,800.00 mark. The 1,800.00 mark acted as a resistance level on October 14.
However, a decline might look for support in the 1,760.25/1,763.40 zone, which acted as support on Monday. Below this zone, the October low levels below 1,750.00 could act as support.
On the daily candle chart, the yellow metal's price has bounced off the resistance of the 100 and 200-day simple moving averages, which strengthened the resistance of the 1,800.00 mark.
We Expect the market will go up to the 1789-1790 levels and from there we should see downside momentum
Gold shortI hope that XAUUSD will again do short and test 1785 if it breaks the 200 SMA. Fingers crossed for gold to come back from 1785 and go higher till 1843. If you agree give it a big thumbs up and leave a cool comment.
Gold Short Term Sell BiasGold reach on a double top area with corrective structure, and also Higher Time Frame its on downtrend and its making HL, I am anticipating to take sell after it broke the corrective channel and make my target to the beginning of the big impulsive move before this correction.
Gold tight range 1768-1773Divergence detected, and price is trading within 1768-1773. Some risk-on sentiments in the JPY crosses, Fed chairman Powell passes some RIsk-on sentiments, see www.cnbc.com
Will do a limit sell order within 1768-1773 and R1 Pivot as the SL.
Final drop on $GoldLooking at gold, I do believe we need to touch on that 1455 spot before we can take off. I currently have no positions, and am just watching to see what happens. With a short rally on major markets monday morning, I think we could get a swift drop on gold before larger rally up. But everything is just so volatile at the moment, it's hard to tell. I have no clear direction on $Gold at the moment.
Gold very short-termIf the volume decrease, a new neutral channel between 1480$ - 1535% (average volatility ~= 3.6%) will be expected.
If market face more demands, that leads to a steady or increasing volumes, Gold will reaches its long-term price goals sooner.
XAUUSD recoverHello everyone,
I expect GOLD to make a recover upwards.
MACD is confirming a upcoming trend.
