GOLD buy after breaking flagWe have beautiful flag here and retest of of Weekly support 1905
If we break this... MY target zone will be between 1950-1960
Xau-usd
XAU USDPrice has approached strong support, so now I'm looking for buys. This is the scenario that I'm waiting for. Lets see how market will react.
SELL TRADE SETUP ON XAUUSDHey Traders,
Watchout for this sell opportunity on XAUUSD
The retest of the 61.8 fib level could initiate a very good bearish continuation of the trend.
Watch out.
XAUUSD 25/05/2023Details on chart - looking to see how the data releases before jumping on a buy or sell, but overall, more bearish
Xauusd Falling Wedge Has Already Broken Also Formed Double Bottom Now Incase Of Neckline Breakout Expecting Move Towards 1995 to 2000
XAUUSD 23/05/2023Details on chart - looking to see continued HTF sells in line with better than expected data
Gold Downside Potential👋 Hey Traders! For Day 11 of our 100-day challenge, we're looking at XAUUSD/Gold downside risks.
- Major support at 1980 was broken last week
- Made a low at demand/support zone
- And now we're retesting 1980 area as resistance
We're looking to go short around this area if LTF gives clear sell signals.
We're looking to re-target 1955 recent low. SL could be above 1995 (conservative).
Purely technical analysis, fundamentals have not been considered on this trade idea.
See you guys tomorrow! 👋🥂
XAUUSD Weekly Forecast | 22nd May 2023Fundamental Backdrop
The USD is expected to pause interest rates, causing investors to shift their money to Gold.
Technical Confluences
Resistance at 2001
Current support at 1981
Major support at 1960
Idea
We could possibly see price retrace back up to retest the resistance at 2001.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
XAUUSDXAUUSD
we have a big sell posetion at 1973-1975 if can’t break the last high at 1978 can drop to bellow 1952
Sell at 1975
Tp 1970-1952
Sl 1979
XAUUSD 18/05/2023Details on chart - looking to continue Gold sells in line with data and FED speaker's sentiment
XAUUSD Potential Forecast | 17th May 2023Fundamental Backdrop
US Retail Sales comes out at 0.4% compared to previous print of -0.7%, highlighting the continued resilience of the US economy. This further supports the hawkish stance from Fed and is bearish for GOLD.
Technical Confluences
Liquidity building at 1970 where price can potentially tap into
H4 support level at 1960 which can serve as a potential target zone
Idea
With the DXY expected the strengthen in the short term, we are anticipating XAUUSD to continue its bearish momentum to test the support at 1960.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
XAUUSDXAUUSD At resistance if can break rise to next resistance tance
And if can’t break can drop and test the trendline if can break trendline can drop to support zone
XAUUSD Potential Forecast | 15th May 2023Fundamental Backdrop
In light of the strong bullish sentiments surrounding the USD recently, price has made a bearish case for GOLD.
Sentiments surrounding USD continues to be bullish with Fed maintaining its hawkish stance in the most recent FOMC meeting.
Technical Confluences
Daily support level at 1959.7 where price can potentially tap into before continuing bullish.
Idea
With the DXY expected the strengthen in the short term, GOLD is anticipated to continue its bearish stance in the market and we will be looking out for shorts over the new week.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Xau/Usd Gold probable sell setup Hello traders gold after recording a new high we have what looks like reversal after a sharp drop from the newly high we was a on pull back that probably will be a distribution in price we seen yesterday the market was trying to balance sell side imbalance now we might see a drop on gold to get to the less resistance liquidity areas lets see how it play out let me know what you think
XAU IDEAAnalyzed in 5 min and 1 min timeframes (imbalance)
Buy idea is the main trade, if creates new high before comes to buy POI, buy idea is invalid
XAUUSD 09/05/2023Details on chart - looking to see which direction the range breaks out of before playing that bias
XAUUSD (GOLD)XAUUSD at supply zone if can't break can rise to 2026 - 2034 - 2050
and if can break can drop to 2003 - 1991 - 1982
XAUUSDXAUUSD if can break the supply zone can rise to 2023 - 2034 - 2050
if can't break the supply zone can drop to 2003 - 1991 - 1982
XAUUSDXAUUSD at Higher High if can't break here can drop to support zone at 1982cand if can break support can drop to order block at 1914 if can break order block can drop to strong zone at 1786 - 1753 and if can break the zone can drop to demand zone at 1666 - 1616
Gold breaks out of consolidationGold has successfully broken out of its consolidation phase with a strong bullish engulfing candle that engulfed the last 11 days of trading. Now, with this strong upward move, it is expected that the price may retrace slightly to gather some liquidity before continuing its ascent. As for me, I will be waiting for the price to test the trendline slightly below it to look for any possible reversal signals that may indicate a buying opportunity for gold.
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XAUUSD Updated ScenarioAs markets have received negative news for USD, yesterday's price action had a strong upside reaction.
As we are trying to reactive trade we see this upside breakout fro the 14-day range as a potential buy signal, therefore we are looking for the previous highs as our first TP targets.
Please be advised that this week is very busy on the markets FOMC, FED related news can Impact even the best of the setups and markets can change direction short term/mid term in a very fast manner.
XAUUSD 03/05/2023Details on chart - looking to play the tones released from FOMC including whether rates were hiked or unchanged
