Goldsignal
It was a perfect trade! Let's get more money!Click the link in the "Red circle" to see the previous analysis, or click the chart below
1850 is the important price to determine XAU's next moves. As long as it stays below 1850, I reckon XAU will fall to my potential targets. If the price close above 1850, this analysis fail.
Catalyst:
- US PPI
- Stimulus news
- Covid-19 Vaccine news
Potential BIG trade - FREE weekly forecastClick the link in the red circle to see the previous analysis
Currently, I reckon as long as it stays above the 1764 zone, XAU will be climbing to the targets before the year-end. This analysis fails if the price close below the 1760 zone and if the Covid-19 vaccine reaches the 100% success rate.
Catalyst:
- Fed Chair Powell Testifies
- ISM Manufacturing PMI
- ADP Non-Farm Employment Change
- Unemployment Claims
- ISM Services PMI
- NFP
- Average Hourly Earnings m/m
- Unemployment Rate
- Covid-19 vaccine breaking news
XAUUSD - Ascending Triangle & Supply Zone ( Bearish )
Welcome!
What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work
Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
XAU/USD Signal And Analysis Ahead Of US Election US Presidential Election, ISM, and Employment Reports are scheduled for the next week. And RBA also expected to lower their interest rate to 0.105 from 0.25%. All this news will have a big impact on the Gold Price movement.
President Trump Re-Elected means more political uncertainty, Big stimulate package over 3 trillion, and careless about covid-19 will help gold to rise. US30 will also rise at the same time.
If Biden wins in the election, the US may negotiate with other nations, political uncertainty may get some hope, Stimulate Package will be less than 1 trillion may help to drop Gold Price again.
Gold Sell Limit 1890-1905 Price Zone
SL: 1935.00 Price Zone
TP1: 1800.00
TP2: 1750.00
TP3: 1700-1680 Price Zone.
On The Other Hand,
Buy Stop 1935-1940 Price Zone
SL: 1890.00 Price Zone
TP1: 1980.00
TP2: 2010.00
TP3: 2050-2070 Price Zone.
I Do Expect More Drop-In the Coming Week..... But Never Forget It's an election week. So, Anything can happen.. So, Keep your lot small and follow money management.. Best of luck
XAUUSD - Double Tops & Bear Leg ( Bearish )
Welcome!
What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work
Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.