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Xau-usd

💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 1680.80, beginning of uptrend is expected. We make sure when the resistance at 1807.13 breaks. If the support at 1680.80 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 1680.80 on 07/21/2022, so more gains maximum to Major Resistance (1807.13) 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 61. Take Profits: 1752.71 1785.00 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:XAUUSD
by ForecastCity
4
Gold Daily Analysis 12.08.2022Gold is still testing the 1800 level. Presently gold is in a sideways movement. We need to have atleast one candle closing above 1800 level in Daily chart for bulls to come. Gold is in a triangle and will breakout in US session. Based on the direction of breakout we can know which side gold moves next week. Considering the week end and high impact news we will see more SL hunting before gold finds its way. We need a small correction upto 1770 level before gold gets enough bullish pressure. However dont go for sell here as we still dont have any bearish pressure. Hence we can wait for gold to make a low to buy or make a new high to sell. BUY 1778 SL 1768 TP 1798 SELL 1812 SL 1818 TP 1800 BUY 1788 SL 1782 TP 1794 SELL 1798 SL 1802 TP 1788
OANDA:XAUUSD
by boyinjungle
XAU/USD basic technical for FridayThis chart shows some zones that I am willing to take trades within. My technical analysis is actually showing me that Gold is bullish but I don't feel comfortable buying Gold a with how it is at the moment. I can see that it is now sitting within a weekly resistance zone meaning that buyers maybe closing positions and sellers maybe slowly entering their positions. I don't like to trade Fridays so I may just use the chart to see if I am right, pretty much paper trading. My strategy is based around 10 pip gains so bare that in mind. I like to have stops above or below previous 30 min candle depending on trade direction and then close almost all of position at 10 pips profit, move to BE and let the rest run. Always focus on risk management with every trade. You must have a solid SL and then points on the chart where you will close of partials or even all of the position. Always try your best to not let the full SL get taken. I realise this analysis is very basic and difficult to understand at the moment but I will post more in depth analysis in the future.
OANDA:XAUUSD
by unwashedbook
XAUUSD H4: Bearish outlook seen, further downside below 1802.80On the H4 time frame, prices are facing bearish pressure from the resistance zone at 1802.80 in line with the Fibonacci confluence levels where we could see further downside below this zone. A pullback to the resistance zone at 1802.80 presents an opportunity to play the drop to the support target at 1759.50. Stochastics is testing resistance at 95.30 as well where we could see more downside, in line with prices.
FOREXCOM:XAUUSDShort
by T3-Consultancy
XAUUSD H4: Bearish outlook seen, further downside below 1802.80On the H4 time frame, prices are facing bearish pressure from the resistance zone at 1802.80 in line with the Fibonacci confluence levels where we could see further downside below this zone. A pullback to the resistance zone at 1802.80 presents an opportunity to play the drop to the support target at 1759.50. Stochastics is testing resistance at 95.30 as well where we could see more downside, in line with prices.
FOREXCOM:XAUUSDShort
by T3-Consultancy
XAUUSD Potential for Bullish Countinuation | 10th August 2022On the H4, with prices moving along the ascending trendline and above the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1794.00, which is in line with the overlap support to the take profit at 1819.57, which is in line with the 78.6% fibonacci retracement . Alternatively, prices may drop to stop loss at 1774.03,which is in line with the pullback support. 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.
FOREXCOM:XAUUSDLong
by FXCM
Gold Daily Analysis 09.08.22Gold broke out from the longterm downtrend channel and passed the test for breakout in daily chart. But as of now price is consolidating in a triangular wedge. As we dont have important news we may expect a breakout from this wedge in US session on Wednesday. Gold may still need confirmation in weekly chart for the yellow bearish channel. Monthly chart is showing that we will have a bullish close. But still we may test levels near 1746 to get enough buying pressure. For all this we need to see which side gold will breakout from triangle. SELL 1790 SL 1798 TP 1779
OANDA:XAUUSD
by boyinjungle
2
XAUUSD D, BREAK ABOVE 1786, TARGET 1828.41 & 1875.50 XAUUSD Rebound from its lower area of its Medium term consolidation 1676 & 2075. For a while, XAUUSD is rejected by 1786 around its MA 50 Daily. If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50. Its Strong Resistance at 1922.58 (61.8% Fibonacci). Its Strongest Resistance at 2075. But, While Below 1786, Potential To Retest 1721.70 & 1676.00. Its Strongest Support at 1676. While Above 1676.00, Bullish Medium Term, Buy On Weakness.
OANDA:XAUUSDLong
by Wahyu_Luck
XAUUSD 4hour Analysis August 7th, 2022Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking bullish here on Gold on our 4hour and daily timeframes. Unfortunately gold is consolidating near our 1800.00 zone and we need a clear direction for price action before we can get into a trade. If we are to continue bearish we need to see significant lower highs after rejecting our 1800.00 zone. Look to target lower toward our 1740.00 zone. Trade scenario 2: For us to identify long scenarios we ideally want to see structure above 1800.00
FX_IDC:XAUUSDLong
by ForexLeague
Gold Daily Analysis 05.08.2022We need to complete the fifth high in eliott wave at 1816. So once gold touches a trigger level near the support of value zone 1776 we can see bulls upto 1810 level. So I suggest to go for buy when gold comes near support. In longterm gold is bullish. So prefer buying over sell The value zone which formed recently is still supporting the bulls. The longterm bearish value zone in yellow failed yesterday and breakout confirmation is done in 4 hours. However we will have a test for breakout of Daily candle today. So when prices come to 1776 level the test completes. BUY 1776 SL 1766 TP 1816 SELL 1816 SL 1826 TP 1766
OANDA:XAUUSDLong
by boyinjungle
💡Don't miss the great buy opportunity in XAUUSD (GOLD)Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1697.6). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 67. Take Profits: TP1= @ 1723.6 TP2= @ 1745.1 TP3= @ 1763.5 TP4= @ 1785.1 TP5= @ 1809.9 SL= Break below S2 ❤️ 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
💡Don't miss the great buy opportunity in XAUUSD (GOLD)Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1697.6). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 67. Take Profits: TP1= @ 1723.6 TP2= @ 1745.1 TP3= @ 1763.5 TP4= @ 1785.1 TP5= @ 1809.9 SL= Break below S2 ❤️ 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
4
XAUUSD Potential for Bullish Continuation | 4th August 2022On the H4, with prices going along the ascending trendline and moving above ichimoku cloud, we have a bullish bias that price may rise from the buy entry at 1760.25, which is in line with the 78.6% fibonacci projection to take profit at 1785.74 where the the swing high, 127.2% projection and 50% fibonacci retracement are. Alternatively, prices may drop to stop loss at 1746.33,which is in line with 38.2% fibonacci retracement. 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.
FOREXCOM:XAUUSDLong
by Rockqet
Gold Daily Analysis 04.08.2022Gold tested the support level of uptrend value zone and made a higher low 1754. Now gold is going to test the reistance at 1786. As expected gold is consolidating and we will have a breakout after NFP. We can go for a sell order when gold tests the level above 1780 and buy near 1760. All together momentum is not strong but is bullish. The China war can change the trend of gold. I feel we will see levels above 1800 if war starts. SELL 1780 SL 1790 TP 1768 BUY 1760 SL 1750 TP 1780
OANDA:XAUUSD
by boyinjungle