Gold Dump (long-term vision)Hello my friends
- today in my long-term analysis, I came to a very interesting conclusion about gold.
In the monthly time, gold could not hold above 1752 after setting a new price record.
Accordingly, the price of gold will experience a sharp decline.
From this price point, you can open a trade in a negative direction.
-At risk to Reward: 1 to 4 !
-Maybe this position will take a year!
-Target 1: $ 1385
-Target 2: $ 1180
+Note: This analysis is long-term and may take a year or two.
Please tell me your idea
Analyzer :
{ @mahdiaghdam00 }
Xauanalysis
Gold analysis 03-03-2022Yesterday gold tested its support and the lower limit of Value zone helped gold to maintain the 1915 levels.
The news were also positive for USD. So there was lot of selling pressure.
But gold is able to sustain and rise to its previous support near 1926.
For today the important levels are 1935 and 1918.
I can see there is a good supply area near 1935-1940. So we can expect reversals near this level and take short trades for scalp.
However if there is enough volume we can have a breakout above 1940 and this will help gold push into the upper value zone with limits 1963 - 1940
So before the breakout we can go for scalp
BUY near 1915-1920 SL 1906 TP 1935
SELL near 1935-1940 SL 1945 TP 1925
Gold is bullish and we should prefer only Buy orders in scalping.
BULLISH setup goldThese are the two trades I will look for this week that we have ahead of us. I think we can see some bearish sessions at the start of the week or liquidity grabs from London low and Asia low to go higher and aim for 1850 again.
Trade carefully and If you catch a great trade hold and have 0 in stop-loss the gains will give you very satisfying results.
Gold (XAUUSD) Uptrend Looks Intact in a Bigger Ascending ChannelSpot gold price now $1,814 and may break a support at $1,812 per ounce, and fall to $1,801, as suggested by a rising channel and ratio analysis.
The uptrend is deemed intact within a bigger rising channel. It is riding on a wave C, which may travel far above $1,877.
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XauUsd Gold Daily Level (27/01)
R3 1864.14
R2 1849.79
R1 1841.40
Pivot 1827.82
S1 1814.24
S2 1805.85
S3 1792.27
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Trading Plan
Buy 1802
SL 1790
TP1 1814
TP2 1826
TP3 1832
TP4 1841
TP5 1849
- Price Now: 1814
- US Durable Goods Orders and US Gross Domestic Product in next 7 hours
*Your decision to use our signals entirely at your own risk.
*Cuan Asia
GOLD (XAU) 4 HOURLY NEAR FUTURE PREDICTIONTechnical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GOLD BULLISHWe can see there is a bearish order block and liquidity waiting to be filled and then we will see some movement to the downside for a stop-loss hunt and aiming for Big order block to go Bullish in the long run. Trade careful always use a stop loss and hold the second bullish trade for long and we hope for some good gains in return. Letsgo!
GOLDAt the moment, I think all the financial markets are skeptical about the issue of US inflation and the issue of tipping ... or various economic policies.
This problem will probably be resolved in the medium term.
You can see the gold analysis in the above timeframe on my page. On November 30th
This is the analysis of gold in the shorter term ...
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...