Get started

Xau-usd

XAUUSD Potential for Bearish Momentum | 16th November 2022On H4, the price has broken out of the descending channel and is now above the ichimoku cloud, indicating a bullish bias. Looking to play the pullback with a sell entry at 1765.050, which corresponds to the 78.6% Fibonacci line. The stop loss will be set at 1807.960, the previous swing high. The take profit point will be at 1727.850, which is the 61.8% Fibonacci line. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
OANDA:XAUUSDShort
by Rockqet
2
XAUUSD Potential for Bearish Momentum | 15th November 2022On H4, we have a bullish bias with the price breaking the descending channel and above the ichimoku cloud . Looking to play the pullback with a sell entry at 1765.050, where the 78.6% Fibonacci line is located. Stop loss will be at 1807.960, where the previous swing high is. Take profit will be at 1727.850, where the 61.8% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
OANDA:XAUUSDShort
by Rockqet
2
XAUUSD Potential for Bullish Continuation | 14th November 2022On H4, we have a bullish bias with the price breaking the descending channel and above the ichimoku cloud. Looking for a pullback buy entry at 1727.850, where the 23.6% Fibonacci line is located. Stop loss will be at 1680.935, where the 61.8% Fibonacci line is. Take profit will be at 1802.641, where the previous swing high is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
OANDA:XAUUSDLong
by Rockqet
1
XAUUSD 4hour Analysis November 13th, 2022Gold Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: After last week we can now see that gold is bullish on all major timeframes. Going into this week we’re ideally looking for gold to continue bullish, we just need to see some structure first. Look for a higher low as close to 1675.00 as possible before entering long. Trade scenario 2: The other likely scenario is that gold keeps rallying without structure formation. If this happens we can’t do anything yet.
FX_IDC:XAUUSDLong
by ForexLeague
1
💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: 1674.85 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1674.85 is broken. Technical analysis: The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased. A trough is formed in daily chart at 1616.52 on 11/03/2022, so more gains to resistance(s) 1807.13, 1850.71, 1878.75 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 70. Take Profits: 1658.96 1688.79 1708.45 1730.00 1765.00 1807.13 1850.71 1878.75 1914.23 1980.16 2074.89 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity_World
💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: 1674.85 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1674.85 is broken. Technical analysis: The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased. A trough is formed in daily chart at 1616.52 on 11/03/2022, so more gains to resistance(s) 1807.13, 1850.71, 1878.75 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 70. Take Profits: 1658.96 1688.79 1708.45 1730.00 1765.00 1807.13 1850.71 1878.75 1914.23 1980.16 2074.89 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity
XAUUSD | Potential Forecast | 13 November 2022Hi guys, Chern Yu here. I use smart money concepts (SMC) in analysing charts and price. Confluences used: 1. Demand/Supply zones 2. Liquidity 3. Structure 4. Market inefficiencies Analysis: - Gold is hovering around 1771 area currently. - Possibility of tapping into H4 supply zone. - Price is structurally bullish and will look for longs next week. - Higher highs and higher lows being formed. - Will be identifying possible short term reversals once it taps into supply zone above. Let's smash the next week! Do make sure to leave a comment and give a boost! I will be more than happy to answer any questions there are! Cheers, CY
OANDA:XAUUSDLong
by Jon_Jones_Junior
Gold at 1680, a decision level...Despite having bounced strongly from the 1617 support level, Gold consolidates along the 1680 price level. As the price consolidates and fails to break higher, this signals the potential for a reversal. A reversal in Gold could also be driven by a recovery in the strength of the DXY. Look for the price to break below 1660 to indicate a downside potential, with the key support level at 1617. Alternatively, if Gold trades higher to break above 1685, Gold could continue trading higher toward the next resistance level of 1725.
FX:XAUUSDShort
by JinDao_Tai
1
XAUUSD: Bearish outlook seen, limited downside below 1687.00On the H4 time frame, prices are facing bearish pressure from the resistance at 1687.00, in line with the descending trendline and Fibonacci confluence levels where we could see a further downside below this zone to the support zone at 1651.00. This support zone lines up with the graphical support and 50% Fibonacci retracement. Stochastic is testing resistance at 95.72 as well where we could see further downside below this level.
VANTAGE:XAUUSDShort
by T3-Consultancy
XAUUSD 4hour Analysis November 6th, 2022Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Despite last weeks’ huge bullish volume we are still overall bearish. As long as price action remains below 1675.00 bearish is our bias. Going into this week we’re looking for reactions from 1675.00 and we can spot a couple good setups if we do head bearish again. Look to enter short on significant rejection & lower highs after a break of support. Trade scenario 2: For us to consider gold bullish again we would need to see a significant break above 1675.00 with a higher low above. Only in this scenario I would consider longing gold given the current price action.
FX_IDC:XAUUSDShort
by ForexLeague
2
GOLD 1000PIP SHORTGOLD SHORT Why are we entering? - Expecting USD strength = GOLD SHORT - We are in wave 5, subwave 5, microwave 3 in our Elliot wave analysis - We are expecting price to reverse at our 0.618 fibonacci level What is our confirmation? - Rejection from our 0.618 fibonacci level - Rejection from our trendline - Rejection from our structure level Entry - Safe Entry: Rejection of our SELL zone with a break of our WFB - Risk Entry: Rejection of our SELL zone - Risk Entry 2: Early break of WFB Once entered, where will our Stoploss be? - Above our fibonacci: 1691 (50 pips) Where do we take profits? First TP - Previous low: 1617 (700pips) Final TP - -0.27 fibonacci: 1587 (1000pips) Be sure to check out my other trade ideas below!!!
OANDA:XAUUSDShort
by Pips-Collector
2
XAUUSD potential Forecast POST NFP | 7th November 2022Hi there guys, I mainly use ICT + Smart Money Concepts for my trading. Analysis - Last week due to the release of NFP data, price tapped swept the sellside liquidity before gaining strong bullish momentum to the upside - I also noted out the 2 Daily Fair Value Gaps & buyside liquidity areas. Idea Expecting this strong bullish momentum to sweep the buyside liquidity at 1684.620 and potentially bring price to the Daily Fair Value Gaps areas at 1684.040 & 1699.915 respectively Areas to take note of 1st Daily FVG: 1684.040 2nd Daily FVG: 1699.915 Buyside Liquidity: 1684.620 For entries, always use confirmations on the smaller timeframes! Stay safe trading! Feel free to follow me, comment + boost this post if you guys enjoyed this! Regards, Chen Yongjin
OANDA:XAUUSDLong
by DogeStonks
4
Post FOMC and NFP | GOLD Potential Forecast | 5th November 2022Hi guys! Chern Yu here~ My trading methodology revolves around smart money concepts and liquidity. This week's data releases from FOMC and NFP gave us plenty of clues as to where price will be headed to. Fundamental COntext - FOMC meeting: FED raised interest rates by 75bps. - Jerome Powell mentioned to increase the terminal rate and seemingly raising rates for a longer period despite saying rate hikes will slow down. - NFP: prints 261k vs 197k (better than forecast but decreased from last month) - Unemployment rate: 3.7% vs 3.5% (Rate hikes taking effect, market pricing in the bearish economic outlook for USD) ALL EYES IS ON CPI PRINT ON 10th NOVEMBER Forecast - I believe that next week will be CRUCIAL in telling the direction of price action in GOLD. - If CPI prints lower and shows it has improved, I anticipate a more risk on environment and USD will depreciate against GOLD or other currencies. - If CPI prints higher and shows it needs time to get back lower, I believe market will still remain sidelined and USD will still continue to come out the winner. (GOLD appreciates in this case) I will be giving an update next week so please stay tuned! It will be an interesting week and there are swing set ups and opportunities waiting on GOLD or EURUSD. Stay relentless.
OANDA:XAUUSD
by Jon_Jones_Junior