XAU (gold)
Hello
Let's have a new update of gold
Well, we can see that we are in a triangle pattern and we can swell with failure from any side
Please note that we have had several collisions from below and the possibility of breaking from below is higher, but we cannot enter until we receive confirmation.
And that from here it can move up to the ceiling of the triangle
Do not enter into any transaction without confirmation
Xausd
XAUUSD BULLISH MOVEMENTHello Traders, it been a while since we didn't share any of our analysis, the Forex Precision team and i needed some time to spend with our families and to rest to starts a wonderful year of trading full of objectives and positivity now we're back and to share this #XAUUSD Analysis on higher timeframe with the community!
So we identify our trend bullish as we see the price forming higher high and higher low, but we have to bear in mind that we have to buy at cheapest so i see the price could make a retracement to 2005 - 2010 in the meantime we can short #XAUUSD on our Point of interest this will be on next 4H Analysis.
XAU The last analysis of gold in 2023 (keep it as a memory)
Hi guys
The last analysis of gold in 2023 (keep it as a memory)
We do not have an analysis next week, the analysis will start again from the second week of 2024
I hope the analysis helped you and you can get great profit from the market
And kick up a storm in 2024
Gold Sell SignalTrade Signal for Gold
- Sell Signal
- Entry : Consider initiating a sell trade when the price of Gold enters the supply zone between 2031.54 to 2038.85 on a 1-hour candlestick chart.
- Stop Loss: Place the stop loss marginally above the supply zone, for instance, around 2040.00, to accommodate potential volatility.
- Take Profit: Set the take profit level at a reasonable distance from the entry point, such as approximately 2010.00, positioned below the identified order block (2020.97 to 2016.21).
It's essential to recognize that trading involves inherent risks. Thus, it's imperative to conduct thorough analysis, closely manage risk, and employ a robust risk management strategy. Adhering to risk management principles, such as prudent position sizing and careful consideration of leverage, is crucial when executing trading decisions. This trade signal is presented as an analysis-based recommendation and should be utilized judiciously, in conjunction with additional pertinent factors and comprehensive risk management tactics to evaluate its suitability.
XAU ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XAUUSD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XAUUSD, it's Time for the Pullback ?Hello Traders this is an update from our OANDA:XAUUSD setups, the price was ranging lately beetween 1834 & 1814 Today friday and NFP we reached the 1810 Low Price of the Price but didn't get a full candlestick Close and reversed to 1834 So yeah it's is time for that pullback but i think there's something More so next week we gonna reach that 179* Areas Before reversal
GOLD Week 39 (25/09/23 to 29/09/23)Hi Traders,
What a week for the Gold traders was. Let us look how it went.
Monday
We open at1925. Sideways during the asian session open. Tested the supply area near to the London session. Created a support area at 1920. Tested again the supply area before start making the first BOS downwards of the week. Sideways till close.
Tuesday
Open at 1915. Had a supply area in that range. Price continue to drop slowly breaking a previous week key level support 1913. Reacted at 1909, testing the supply during London Open. From the Supply, It made a break of Structure to the downside. Closing at the 1899 range.
Wednesday
Open sideways. Ranging between 1899 and 1904. 1904 is a SBR area. (Support Become Resistance). Sellers continues to break more key levels and structures. Price closes at 1872 area. What a move.
Thursday
Sideways all the way till we are near the US Session open. Created a supply zone. Sellers continue to control. It went down close 220 pips in a single market session. Closing the day at the 1867 area.
Friday
Buyers attempted to take control. First Demand area appear for the week. Bullish movement starts before London session. Retested the 1879 supply area which is also a SBR key level area. Before killing all buyers making a 300 pips drop. Only to close the week at 1846.
This is a clear picture for us to learn. The Trend was really your true friend if you had respected it.
Thank you. Like and Follow me. Have a good weekend.
XAUUSD - Updated | Market outlookThe XAU/USD pair is consolidating near 1955.00, while waiting for the publication of new drivers on the market. The focus of investors will be meetings of the Bank of England and the National Bank of Switzerland on the interest rate, which will be held on Thursday, June 22. Current forecasts suggest a 25 basis point increase by the UK regulator to 4.75%, while the Swiss authorities are likely to keep it unchanged at 1.50%. The day before the meeting of the Bank of England in the UK, the publication of May statistics on consumer inflation is expected, which is unlikely to significantly affect the decision of the regulator, but will be interesting for further analysis. At the moment, forecasts suggest a slowdown in inflation in the UK from 8.7% to 8.5% in annual terms and from 1.2% to 0.4% in monthly terms. In the United States on Wednesday, June 21, speeches by representatives of the US Federal Reserve are expected, as well as a speech by the Chair of the regulator, Jerome Powell, in the US Congress. Officials are expected to give some signals in favour of a possible renewed increase in borrowing costs in July.
Gold Week 37 (11/09/2023 to 15/09/2023)Hi Traders,
Let's look back to what this precious metal did last week.
Monday
It started out at the 1930. Sideways till NY Session open before making a break down to the 1923 area.
Tuesday
It made an attempt to rally but failed to make a clean break above. It went down instead breaking the 1915 area right before the US session.
Wednesday
Price continued sideways for almost the whole day. Retest the 1915 but failed to break and continue to maintain below that SBR (Support Become Resistance) Level.
Thursday
Continues the bearish movement from Asian Session breaking the 1903 level making a new low in the Higher Time Frames. A reversal happen during the US Session. A bullish engulfing Candle started a rally upwards.
Friday
Price continues to rally upwards. Breaking previous Resistance levels 1915 and 1923 before returning to 1930 the area where it first started.
The week ends with Gold respecting 1930 and returning back down to 1923 area.
Thank you for checking this chart out. Like and follow if you like my chart.
Catch you again next week.
XAUUSD UPDATE INTRADAYhelloall
I only trade intraday because there will be major news this week. I'm still leaning towards the strong dollar this week in favor of the CPI and the FOMC.
So far, the price has rejected the level I want it to be. However, I would like to see the price breach 1920 before shorting at 1926 and setting my stop loss if the price closes above 1934.
my target 1900
Gold: 1890 is more supported today!
The decline of gold is over, and the bottoming or rebound trend is starting! Today started to be more bullish, relying on the support of 1885, stepping back to more low, more around 1890!
Looking at the hourly chart, gold has fluctuated all the way down before, and is suppressed by the moving average. Every time it touches the moving average, it will break a new low! However, the market has been supported by 1885 in the last two days, not only did not continue to break new lows, but also broke through the suppression of the short-term moving average! The market has changed!
Today's gold starts to be low and bullish. The first pressure above is to focus on the 1900 mark, which is also the pressure position where the rebound encounters resistance. The second target is the long-term moving average 1905 pressure! Whether it is a rebound or a bottom shock, pay attention to whether 1905 breaks through!
Gold: Strategies are bullish today
Gold runs within a narrow range, the same rhythm as before, the Asian and European markets adjusted, and the US market fell to a new low! In the early trading, it has been suggested that the pressure of 1896 is empty, and those who have entered the market continue to hold the empty order. The current price of 1892 that has not entered the market continues to be empty, and 1887 continues to rise a few points
The trend is down, and the ladder is going down continuously, expanding the space below! After the shock, there will be another new low, and the gap below 1870 may be the position where the market stops falling! Before this position is touched or a strong rebound breaks through the current downtrend suppression line, continue to be bearish to the end!
1887 The current price continues to rise, enter when the bullish point is reached
1892 The current price continues to be empty, bearish! Continue to look at new lows!
XAUUSD WEEKLY TRADE (UPDATE)After a few days, daily support at 1924 was broken. So, what's next? In my opinion, there are two important supports on the daily and weekly charts.
As a result, a break from those levels may result in additional decline. On the other hand, if rejection occurs, the next resistance will be in 1941.
Keep an eye on the weekly trendline as well.
Let me know what you think In the comments!
My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.
Thanks a lot for your support.