Xau-usd
XAUUSD H1: Bullish outlook seen, further upside above 1700.50On the H1 time frame, a throwback to the support zone at 1700.50, in line with the Fibonacci confluence levels and M30 demand chain could present an opportunity to play the bounce to the resistance zone at 1743.00. A break above our upside confirmation level at 1723.80 which is also the swing high resistance could provide the bullish acceleration to the resistance zone at 1743.00. 20 SMA is showing signs of bullish pressure as well with prices holding above the SMA.
XAUUSD Swing Trading PlanEntry price: fibonacci level 23,6% ->(valid if price closes above 23.6% Fibonacci level)
TP1 : 1762 ->fibonacci level 61,8%
TP2: 1881.5 ->fibonacci level 161,8%
SL1: Below Fibonacci level 0% or it can be under strong support 1880
Alternative SL: can be made also at the price of 1675 let the price breathe a little
SL2: you can make a stop loss right at the price of 1600 (previous of Fibonacci 161.8%) or you can make it below
All valid if the price today or tomorrow manages to close above the Fibonacci level 23.6%
or alternatively buy at the price of 1680 it is strong support most likely the price will bounce from there you can set the RR at 1:2 to be safe :_)
good luck!!!
The primary trend remains bearish on GoldXAUUSD - Intraday - We look to Sell at 1707.29 (stop at 1720.89)
The primary trend remains bearish. A firmer opening is expected to challenge bearish resolve. Horizontal resistance is seen at 1708.00. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies.
Our profit targets will be 1678.18 and 1670.00
Resistance: 1708.00 / 1800.00 / 1881.00
Support: 1677.00 / 1600.00 / 1586.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
XAUUSD Outlook (7 September 2022)Gold finds the downside again.
Following the brief climb to the 1720 price area, Gold has reversed strongly back towards the 1700 level.
With the current and anticipated strength of the DXY, Gold could continue trading lower beyond the 1700 level towards the 1680 key support level.
But as per the DXY analysis, a deep retrace could be expected, which could also lead to the price of Gold bouncing strongly from the 1680 support level back towards the 1720 and 1730 resistance area.
xau usd after the price were went to another side about the last time>>>
we saw that now we are going to small reject price of gold to 1905 R then it will go to bullish it to 1720 as our take profit but maybe it will cont to 1730
lets see what will happen at these week
show me up your analysis and opinion to have big view
XAUUSD H1: Bullish outlook seen, further upside above 1707.80On the H1 time frame, prices are approaching the resistance-turned-support zone at 1707.80, in line with the 50% Fibonacci retracement where a throwback to this zone presents an opportunity to play the bounce to the resistance target at 1744.80. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias. Failure to hold above the support zone at 1707.80 could see prices push lower towards the next support zone at 1688.20.
XAUUSD 4hour Analysis September 5th, 2022Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking steady bearish here on Gold and it will most likely continue bearish into this week.
Ideally we can spot good rejection from 1720.00 with bearish variations to enter on. Look to target lower toward 1675.00
Trade scenario 2: For us to consider gold bullish we first need to see a push above 1740.00 with a significant higher low above.
XAUUSD SETUP AHEAD OF NEXT WEEKXAU/USD seems to be trending below 1725-30resistance, inside a falling wedge. The two possibilities could get played out.
It is advisable to wait for a breakout above the previously mentioned resistance zone before looking into a LONG trade. Or
Wait for a break below the 1685-80 support zone before looking into a SHORT trade.
XAU/USD SHORTxauusd it seems like wh are going to get a short trade on 5m-15m timeframe. as wee see in this channel we draw there is tauch on upside with bearsh market with some of triangle channel to break it over as wee have on macd in 5m so there we are looking to get short trade after breakout triangle to down till the aim at 1676 or 1680 maximum.....
XAUUSD - GOLD Next Possible MovementTechnical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - H4
According to the Long Time Frame #LTF we have Double Bottom if it Rejects from the 1680
We have BEARISH CHANNEL Pattern in Short Time Frame #STF and We need Rejection from the Lower Trend Line #LTL
We have ELLIOT WAVES as well in Short Time Frame #STF and it has completed the " 3rd " Wave and it is Possible that it can Follow Buy from Here Because at this Point we have Strong Resistance Level as well.
Gold Daily Analysis 01.09.2022Yesterday the monthly candle closed in bearish sentiment. Dollar is getting strong due to crisis in europe and china. This is having high impact on gold also.
Considering the TA we can see Gold is in downtrend since it made high of 2070 after war. It tested the 1680 lows and made a good high of 1800.
In my thought I feel gold has come back to test this 1680 level once again before it goes bullish. So this is the best opportunity to make long term buy once gold tests levels between 1600-1700
However keeping the trend in view if we close below 1660 gold may go further down to test the support of longterm bearish channel it made since bears took ride.
So if gold closes below 1660 we will be prepared to test 1600.
For today the intraday trade can be
BUY 1702 SL 1694 TP 1712
BUY 1680 SL 1670
I prefer only BUY because these levels are very important for reversal and we may be stuck for so much time in sell if price suddenly reverses
I can also see a sideways channel in yellow. But this will be confirmed only if gold starts to rebound above 1680. Until now I felt we are in bullish trend. But this is not true. We may be in a sideways or downtrend only
Medium term bias remains bearish on GoldXAUUSD - Intraday - We look to Sell at 1737.82 (stop at 1750.19)
The medium term bias remains bearish. A higher correction is expected. Resistance is located at 1740.00 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets will be 1710.37 and 1700.00
Resistance: 1740.00 / 1800.00 / 1880.00
Support: 1710.00 / 1600.00 / 1450.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Gold Daily Analysis 31.08.22Gold is near the lower boundary of its value zone. The 1720 level is double bottom and can help gold to make new highs. However we have a test for trend line at 1732. So we need to wait for confirmation to breakout above 1732 to go for longterm buy.
SELL 1732 SL 1738 TP 1722
BUY 1722 SL 1717 TP 1732