It is a low risk signal on Gold XAUUSD but u should manage ur trade. TP2 is predictable so it is recommended to save profit on target 1 and risk free the trade after reaching on TP1. Good Luck. Follow me for more signals on both Crypto and Forex...
Price is in a oscillation so my Target is at 1848 for either a accumulation of more sells or a change of character, I'm using 2% risk and will add layers if needed I'll keep you updated
Investing in gold can be a way to protect wealth against inflation and currency fluctuations. Gold has been used as a store of value for thousands of years and its value tends to increase during times of economic uncertainty.
This count is based on my assumptions so anything can happen not a trading or financial advice kindly do your own ta thanks trade with care good luck!
Supercycle 5th wave is completed. Now we are in a double corrective pattern which is actually 2nd wave of the Grand Supercycle. If the approximate location of "Y" is reached then we can expect a bounce to form a Cup & Handle formation which coincides with the Wave analysis. Eventually, 3rd Grand Supercycle wave will trigger a rally lasting for decades. Trade safe!
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Inverse relationship with the dollar may also suggest a quick short as the dollar just dropped from the all time-high. The dollar may start to pull back down and if so we should see Gold rise. But not after it shorts from the next bearish order block to the nearest Bullish order block and by looking at the Commitment of Traders for Gold Futures, it appears that...
GOLD can go up temporarily But note that long-term gold is bearish. Visit my page to see more mid-term and long-term analysis
XAU $XAU Initial Long. This is a pure digital signal processing signal just as are every other signal I post. ZERO other factors are considered in producing this signal. Entry reasons: XAU is showing momentum and confluence of mean reversion crossing up the 70 day price mean. Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and...
Gold is bullish making HH and HL. Today gold may test the 1770 level considering the bulllish trend. However there is a very strong resistance at this level. So we may see a pull back from this. The present value zone has support above 1750 and resistance above 1770. BUY STOP 1756 SL 1748 TP 1766 SELL 1774 SL 1780 TP 1765
No more bulls trends on the orizon, berish season open, be ready for the "Big Dump"
Gold Intraweek Technical Analysis: Gold withnessed a bullish week. The price took rejection from 1795 twice. This may be the start of a downward movement as the US dollar index DXY is on fire after better than expected non farm payrolls. The weekly support lies at 1750. The two main supports for coming week are 1767 and 1750. My idea is that in coming week gold is...
Rare Opportunity on XAUUSD approaching. Multi-year level about to be tested. Either Bounce and retest resistance or break through and head to the next extreme lows. Either way, big money to be made both ways. Play it safe. #XAU #GOLD #XAUUSD #GOLDUSD
Now we are near to the main support level of gold as we can see from w1 chart. The region is around 1677 to 1687 (the low of flash crash by 2021). I prefer to buy around the region. For the target between 23.6%-61.8% of fibo retracement. Trade well and wisely. 🙏🙏🙏
Hi Traders, As per my previous short which has since hit all 5 take profits we are now looking for long setups. This is as per the below analysis: We believe there will be a quick and fast break of the previous low before reversing back up into the trading range and defining a bottom. We hope this low comes off extremely low volume showing that the change...
Overlook If i look at the previous Uptrend of Gold (1976 -> 1980) and our current swing we see the following similarities: 1. Uptrend 2. Downbreak to the 50% of the move 3. Uptrend to the big resistance level (Orange Line) that held price down 4. Engulf of said resistance level but no follow through If Gold price moves like the in the previous swing the...
Gold is in sideways movement between 1835 and 1846 levels. Today we have news on home sales and this is going to be negative for USD because the interest rates are high the sales will be low. Hence I hope news will help gold on making high. Technically gold is stuck in a descending wedge since its broke out from the yellow bullish channel. This wedge has its...
Gold could be cheered but visit to 1780-95 over anything