GOLD (XAUUSD): Did You See That Trend Line?? 🥇
Multiple time frame analysis & technical outlook on Gold (XAUUSD).
Trading recommendations, directional bias & thoughts.
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Goldtrader
GOLD next week's trading plan!!Gold's monthly candle has just been close below the monthly strong supply level. Also it has created a head and shoulder pattern on the daily time frame meaning Gold is going to fall down to the next demand zone.
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** XAUUSD ** gold sell trade currently openHi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Strategy Report
OverviewPerformance SummaryList of TradesExport
$ 3089.95
3.09 %
Net Profit
22
Total Closed Trades
63.64 %
Percent Profitable
2.199
Profit Factor
$ 2016.48
1.99 %
Max Drawdown
$ 140.45
0.14 %
Avg Trade
13
Avg # Bars in Trades
** XAUUSD ** nice gold trades played out, waiting for next alertHi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
This is what may happen with GOLD!!GOLD is currently approching every significant level of support and resistance. It will be worth looking at this level for a possible short entry
XAUUSD - LONG TRADE PLAN ➡️ 1775Welcome!
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.
Mohamed Khalid Rafi ,
Senior Financial Analyst,
Profitlio Trading.
Next Targets For GOLDDown a bit, up a bit, down a bit more, then up. Or take a closer look at my analysis & then some www tradeyourway.co.uk
9% Profit Target with 1% Risk on GOLD XAUUSDWeekly and Daily Momentum in Bearish Alignment for OANDA:XAUUSD
Looking for the next daily short entry signal as our wave count appears to be a wave 3 down of a descending diagonal at the minor degree
Profit Target is the .618 Fib Extension
XAUUSD Buy / Strong reversal patternOk, so I made 2x videos already about this long setup and the upload gets stuck! Not sure if its my internet or a tradingview problem, so I have to resort to a post.
We are long gold /xauusd, we believe money will be leaving BTC and come back to the precious metal, both gold and silvr have strong indications of bulls and we are long since this morning.
We might have a classic reversal pattern with short-term price action creating higher lows, ofcourse this could turn into a beairsh continuation / wedge pattern, but until that happens we will at our normal profit levels (fibs 123.6 till 161.8)
Good luck trading! See you soon!
gold to crawl upbeen smashing gold over the past few weeks so lets hope this continues, I can see gold rising along this trend line on the 30min timeframe, I have take profits set at 1910 and 1930
XAUUSD LONGlooking for a 3:1 on gold buying at current market price risking 1% will add/ take profits on 1 minute chart
XAUUSD longas per yesterdays bias price held the 1900 price, took a shot at a short lost 1%, volume based bias is pointing to upside as 1925, and 1950 for potential targets first target would be 3:1 RR and second around 9:1. i play it like i see it, dont ever marry a position, dont ever try to be RIGHT, do what the market tells you or you will never end your day in the money, i can take 7 losses and 2 wins in a day and still net profit 2-5% per day.
Time to BOOK PROFITS?Ok, so GOLD just reached its first resistance! As I’ve been saying in my latest GOLD analyses, I’m bullish here, and if you missed my last analysis the link to it is below, and I invite you to follow me , and you’ll be updated of our trades and analyses. My TWITTER has a lot of interesting stuff too, that I can’t post here, so check it for yourself!
Everything is going fine with GOLD, it hit its first resistance and now we can expect some pullback. If you like faster trades you can book your profits if you want, and re-enter at the next sign, just like we did with UKOIL (again, link below). Now, it’s nice to take a look at the hourly chart for more information:
We see the price found a resistance at the blue line, which was quickly defeated by the bulls, and now it’s trading between the black and blue lines. I honestly expect a pullback here, and this zone is a strong candidate for that, so let’s keep our eyes open ! Now look at the weekly chart:
GOLD it’s almost negating this Shooting Star and may trigger a bullish pivot. That could lead GOLD to our dream target, around the U$ 1.8k as I said in my last analysis, when I showed you guys the monthly chart. So, in my view, it's worth to hold GOLD for a while, because it has a lot of potential.
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
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compras para el xauusd, mantenerse en vista las fundamentales hemos venido en compras desde hace un mes en 1666.00
SPX/ GOLD Ratio Suggests Rally in Gold in Q1The SPX/ Gold ratio is looking like the rally in equities may be hitting it's head on some resistance.
The price action is driving closer towards the overhead trendline of the descending triangle pattern, this will be an interesting level to watch, as a rejection at these levels would suggest an easing in equities and a relative gain in gold.
It is my personal belief that a easing in equities would be relatively short lived, barring any abnormally negative news, as the markets are clearly in "liquidity driven mode."
In any case, it is worthwhile watching both gold and equities, as this ratio is suggesting that we may be about to see a Q1 selloff, accompanied by a Q1 rally in gold.
Gold shortGold seems to be holding above 1500, it's reaching area of resistance/supply zone which could be a good time for shorts.
Breakdown #GOLD #2This week could be very intresting and volatile week for #GOLD hope you all enjoy the video and great week for everyone.
