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Xau-usd

💡 GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 1615.11, beginning of uptrend is expected. We make sure when the resistance at 1807.13 breaks. If the support at 1615.11 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1680.82 on 2022-07-21 and the trough at 1614.79 on 2022-09-28, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A peak is formed in daily chart at 1730.00 on 10/04/2022, so more losses to support(s) 1681.71, 1653.53, 1637.49 and minimum to Major Support (1615.11) 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 50. Take Profits: 1681.71 1707.88 1727.70 1765.00 1807.13 1832.23 1878.75 1926.82 1959.30 2000.00 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:XAUUSDLong
by ForecastCity_World
2
💡 GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 1615.11, beginning of uptrend is expected. We make sure when the resistance at 1807.13 breaks. If the support at 1615.11 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1680.82 on 2022-07-21 and the trough at 1614.79 on 2022-09-28, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A peak is formed in daily chart at 1730.00 on 10/04/2022, so more losses to support(s) 1681.71, 1653.53, 1637.49 and minimum to Major Support (1615.11) 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 50. Take Profits: 1681.71 1707.88 1727.70 1765.00 1807.13 1832.23 1878.75 1926.82 1959.30 2000.00 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:XAUUSDLong
by ForecastCity
2
1550$ Coming for XAU/USD (Short idea)Hello Traders Last week, USD got gains with NFP and unemployment results. Also, sentiment around the USD is still bullish so we believe USD is shining even more in the next weeks. So here is why we are bearish on XAU/USD: 1- RSI and Stochastic are declining (4hr TF). 2- Price made a lower high in lower TFs. 3- Also a small triangle has been broken on top of the channel. 4- Still the price is moving inside of a big downward channel. 5- No local higher high indicates that bearish momentum will continue. if bearish momentum continues, the price may reach 1550$ or even lower. Targets have been shown in the chart. If you like it then Support us by Like, Following and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your own research.)
OANDA:XAUUSDShort
by FortunaInvestments
XAUUSD H4: Bullish outlook seen, limited upside above 1675.50On the H4 time frame, prices broke above the descending trend line and a throwback to the support zone at 1675.50, in line with the 38.2% Fibonacci retracement could present an opportunity to play the bounce to the next resistance zone at 1727.50. The 1727.50 resistance zone is a graphical support-turned-resistance zone which also coincides with the 61.8% Fibonacci retracement. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
VANTAGE:XAUUSDLong
by T3-Consultancy
GOLD IS GOING TO EXPLODE!Hello trades, Today we are looking at XAUUSD . In my analysis you seen above, I am using the Elliot wave trading strategy which I commonly teach. Firstly we shorted as Gold rejected our 8HR EMA and 0.5 fibonacci Gold is currently forming corrective wave A where we can see our minor impulsive waves forming. bpcdn.co We are currently forming wave 2 which is a ABC corrective wave before continued bullishness We are expecting price to continue down to our long zone at our 0.5/0.618 Fibonacci zone where we will be expecting subwave 3 to form which is a impulsive wave. If you like my idea, be sure to give it a boost!
OANDA:XAUUSDLong
by Pips-Collector
XAUUSD 4hour Analysis October 2nd, 2022Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: We are still clearly bearish overall but the 4hour trend is pushing up. We are close to 1675.00 resistance and we will look for reactions near this zone this week. Ideally, price action rejects 1675.00 and continues bearish. If this happens look to enter short on clear lower highs. Trade scenario 2: If we are to consider gold bullish for entries we need to see a higher low above 1675.000
FX_IDC:XAUUSDShort
by ForexLeague
XAUUSD Potential for Bearish Continuation | 27th September 2022On H4, with the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the sell entry at 1652.219, which is in line with the 23.6% Fibonacci retracement to the take profit at 1608.873, where the 100% Fibonacci projection and 61.8% Fibonacci projection are. Alternatively, the price may rise to the stop loss at 1678.226, which is in line with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest
OANDA:XAUUSDShort
by VantageMarkets
1
Gold Daily Analysis 27.09.2022Gold is in downtrend. Yesterday gold test the support near 1620. Today I hope gold will continue in sideways testing the support at 1620 and resistance at 1640. If gold breaks support and closes below 1620 then we will see dip below 1600. If gold closes above 1640 then the next resistance is at 1650 and 1680. Closing above 1680 will signal trend reversal. We have monthly closing also this week. So expect more lows and avoid long term trade. We need to make atleast one higher high for buying. Till then we can see for selling at every lower high. SELL 1640 SL 1650 TP 1620 BUY 1620 SL 1608 TP 1640
OANDA:XAUUSDShort
by boyinjungle
XAUUSD 4hour Analysis September 25th, 2022Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking steadily bearish here on gold and we have strong evidence we will continue to do so. Going into this week we’re looking for new structure. Ideally, price action retests 1660.00 and forms our next lower high. We will then look to target lower support levels. Trade scenario 2: If we are to look at this chart and consider gold bullish we would need to see a break above 1675.00 with a higher low above.
FX_IDC:XAUUSDShort
by ForexLeague
XAUUSD 4hour Analysis September 18th, 2022Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking bearish as we go into this week and we can see our 1675.00 support zone was taken out recently. Going into this week we’re looking to ride the bearish trend. We ideally need rejection from 1675.00 as new resistance. Look to target lower toward our -27% fib level. Trade scenario 2: If we are to see gold as bullish we first need to see a rally higher into the prior range.
FX_IDC:XAUUSDShort
by ForexLeague
XAUUSD INVALIDATED ITS BULLISH VIEW? BELOW 1670 TARGET 1637Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level. Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction. As I said at previous idea Mar 22, 2021, "Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level. Break below 1660 would invalidate its bullish view." Now, XAUUSD break below 1670 and 1660, invalidated its bullish view. If XAUUSD Hold Below 1670 then its Bearish Continue To Target : 1637, 1534, and 1200. Resistance at 1740.
SAXO:XAUUSDShort
by Wahyu_Luck