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Xau-usd

Gold Daily Analysis 19.08.2022Gold is continuing its downtrend and closed below the Fib 62% support. This is a good level for fresh buying and we can expect a reversal above 1745 which is also Fib 50%. Present level is also the upper boundary of the longterm downtrend value zone from which gold broke out. So this level is very important for Gold price to find its direction. If we close below this level then Gold may continue its fall. However trading is all based on luck and chance. So I suggest to go for buying at every low keeping in view of the rising tensions China US. So my idea is to trade the reversal. BUY 1752 SL 1742 TP 1788
OANDA:XAUUSDLong
by boyinjungle
GOLD ! Rollback to Support. The scenario repeats itself!😼GOLD trades in a wide global range between 2070 and 1689.38 and now after the third bearish momentum ends and after a false break-down of the lower boundary of the range, it rallies to 1810 and reverses to support 1747.7. The situation can develop multifaceted, but the assumed scenario is that the price can repeat the movement from December 2020 and form an impulse by the end of the year to the previously tested 2070 level. It is worth paying attention to further development of the situation regarding support 1747.7, if the price tests and fixes above the level, there are all chances of growth to the upper border of the trading range - 1862.9. Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
31
XAUUSD 4hour Analysis August 14th, 2022Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking very bullish but we still need to see a bit more price action before we can enter in any positions. Ideally, price action continues bullish and forms a significant higher low above 1800.00. Look to enter long and target higher if this happens. Trade scenario 2: For us to consider gold bearish again we need to see a break back below 1800.00 with significant lower highs below.
FX_IDC:XAUUSDLong
by ForexLeague
1
💡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_World
4
💡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