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Goldtechnicalanalysis

XAUUSD Daily Chart AnalysisHere's a detailed breakdown of the XAU/USD daily analysis to guide your trading decisions: Buy Scenario: Trigger Point: Watch for the daily candle to close above 2519.208. This level is crucial as a close above it signals a potential bullish trend. Target: Should the buy signal be confirmed, set your target at 2531.800. This target suggests a move of at least 100+ pips, giving you an opportunity to capture significant gains. Action: If the candle closes above the specified level, consider entering a buy position. Monitor the price closely to adjust your strategy as needed. Sell Scenario: Trigger Point: Look for the daily candle to close below 2509.722. This would indicate a bearish shift and signal a potential selling opportunity. Confirmation: After the close below this level, wait for a Change of Character (CHOC) confirmation to validate the bearish trend. CHOC helps ensure that the market is indeed shifting direction before committing to a sell trade. Target: If the CHOC confirmation is met, aim for a sell target of 2494.200. This setup provides an opportunity to gain at least 100+ pips. Action: Once you have the CHOC confirmation, enter the sell trade and monitor the price movement closely. Adjust your stop-loss and take-profit levels to manage risk and maximize returns. Summary: Buy if the daily close is above 2519.208 with a target of 2531.800. Sell if the daily close is below 2509.722 and confirmed by a CHOC, targeting 2494.200. Keep an eye on these levels and be prepared to act according to market conditions. With these strategies, you can position yourself to potentially capture significant profits. 📊💰
OANDA:XAUUSDShort
by cashtrainfx
GOLD (XAUUSD): Detailed Support & Resistance Analysis Here is my latest structure analysis and important support and resistance levels to pay close attention to on Gold. Vertical Structures Vertical Resistance 1: Rising Trend Line Horizontal Structures Support 1: 2470 - 2484 area Support 2: 2431 - 2448 area Support 3: 2364 - 2381 area Resistance 1: 2517 - 2532 area Resistance 2: 2545 - 2552 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
1
GOLD (XAUUSD): Strong Bullish Signal During the Asian Session Gold retested a recently broken daily structure resistance that was based on a previous all-time high yesterday. During the Asian session today, the price formed a strong intraday bullish confirmation. Retesting the underlined blue area the price formed a cup & handle pattern and violated its neckline. Now we see a nice bullish movement. It may continue at least till Powell speech later on today. I did not manage to trade this setup because I was sleeping when it was formed. But it is a perfect example of a confirmation trading that I teach you and I hope that those who trade the Asian session managed to recognize this signal. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
1
XAUUSD I Bullish breakout, pullback, and potential continuation Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSDLong
by BKTradingAcademy
1
Unlocking Profit Potential XAU/USD Buy Trade AnalysisHey Nathima fams! I hope you're all doing great! I wanted to share an exciting trading opportunity I've identified on gold. Here's why it's looking promising: Weekly Strong Bullish Trend: The weekly chart is showing a robust bullish trend, indicating significant upward momentum in the price of gold. Buy Opportunity: Considering this bullish trend, I'm highly confident in a buy opportunity on gold. Target Range: I'm aiming for a target range of 2183 to 2208. This range aligns with both technical indicators and market sentiment, increasing the probability of a successful trade. Profit Potential: With this trade, there's a fantastic opportunity to make substantial profits. By leveraging the current market conditions and strategic entry points, we can maximize our gains. Let's capitalize on this opportunity together and turn it into a profitable venture! If you're ready to join me in this trade, let's make it happen and celebrate our success as a team. Here's to winning trades and amazing profits!
TVC:GOLDLong
by nathimafxreal
XAUUSD (GOLD) I Technical and Fundamental Outlook Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSD
by BKTradingAcademy
XAUUSD (GOLD) I Let the price come down before going longWelcome back! Let me know your thoughts in the comments! ** GOLD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSDLong
by BKTradingAcademy
1
GOLD set for another climb!Instrument : GOLD Possible direction : Bullish Technical Analysis : Price has opened with a large gap and formed a shooting start int he direction of the major trend. Price already grabbed liquidity from the gap and my continue to rise as the major trend is up. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
TVC:GOLDLong
by ForexWizard01
1
Gold Analysis 07 April 2023Today is bank holiday in Asia and Europe and only US markets will be opened today. The Market will be having low volume because of bank holiday. Today is a vary important news of Non-Farm Employment Change in US which always causes huge impact on Gold and Dxy. this analysis is focused on news and gold trends. Be careful before going into market. As we can see there is a support level at 2000 price level which was being tested last day. In long run market will test again 2035 level and eventually hit 2050 in upcoming days. for a detail description check out my YT "Patient Wolf". Thank you.
OANDA:XAUUSD
by xeshaan
GOLD broke down from daily trend lineWe have 2 important breakdowns on daily chart. #1 Bearish flag breakdown, Technical target of that is $1774.74 #2 Ascending trend line break down, Technical target of that is $1795.92 Price is trying to breakdown from golden ratio level 0.618 which IF breaks down then most likely are going sub $1800 levels. GOLD seems very bearish for mid-term because on daily structure is changing from higher highs/higher lows to lower highs and lower lows which suggests that gold trend is shifting from bullish to bearish. Please like and comment if you agree.
FX:XAUUSDShort
by NasirCrypto
2
GOLD is about to breakout!Currency Pair : GOLD Possible direction : Bullish Technical Analysis : GOLD bulls has primarily first has broken resistance and then again has broken the support to grab strong liquidity grab. Finally price again created strong uptrend with multiple liquidity grab. As the price has strong momentum, it is highly likely price will continue to rise to at least psychological level @Adrien1899 Fundamental : CPI release is fueling the price the bulls! Possible trade recommendation : Bullish Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
TVC:GOLDLong
by ForexWizard01
1
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. These days the FED RATE HIKE SLOWDOWN SENTIMENT and, in the short term RETAIL SALES, NFP and PMI DATA being POSITIVE, managed to make the USD STRONG. But since all the ECONOMIC INDICATORS were positive the other day, GOLD was slightly SELL yesterday. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being ON. We have some very important NEWS coming to USD this week. Be sure to keep an eye on it. Anyway, we expect that GOLD will go up to 1875 LEVEL. Before that, GOLD may go down to the 1744 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall