Gold Monday Trading Strategies and Signals
#xauusd
Tomorrow is Monday, and the new trading day is August 12.
Last week, gold continued to sweep the market. After stabilizing, it fluctuated upward.
Next week, there will be several major news data that will affect the price fluctuations of gold. So I think there will be no large price fluctuations in gold on Monday and Tuesday. It will fluctuate before the news data is released.
I will point out several trading areas for everyone:
Sell gold:
xausd sell:
1/2436-2439 Last Friday's high
2/2449-2452
Buy gold:
xauusd buy:
1/2403-2407
2/2391-2395
Refer to my trading strategy, you should be able to make a profit in the transaction. Always keep our trading area in a safe range.
If the range fluctuations on Monday are different from my analysis, maybe I will update my analysis
I wish you all a smooth transaction. If you use my signals to make a profit, or if you like my analysis, please join me or like my analysis.
Xausd_stratgy
XAUUSD, LONG Started its Final Fly towards 2540XAUUSD, LONG Started its Final Fly towards 2540
TEST#1: If we consider Cup shape the Target after retesting point from top of Cup is 2540.
TEST#2: From Top of Cup 2nd Shape was big Triangle which is also broken and the Target height is also showing 2540.
TEST#3: in the Last Stage Ascending Channel is broken and retested in Day chart, After the breakout the Target is also showing 2540.
XAUUSD LONGOn monthly and weekly time frame price is bearish but the overall direction is bullish and the price rn is on a major support level the price got rejected 3 times so far cus of the high demand so I’m expecting it to reverse to the upside.
The daily price is not breaking the previous LL and it just gave me an L so this is another confirmation that the price is changing its structure to the bullish momentum and with that said imma be looking for buys only.
On the 4h m going to be waiting to see multiple rejections before any reversal or consolidation to look for my confirmations which are a break of the new structure a HH that the price made before reversing and strong bullish momentum for an entry.
I need to see a break of the new structure/resistance
Above the ema’s
Momentum bullish candle
1h entry will be after an engulfing candle
And above the 14/5 ema’s
SL; bellow a structure that the price won’t reach if it happens to retrace and close to the 200ema
TP; 1tp previous HH
2tp previous LH
Trading Idea Regarding xauusd1-Gold is Moving in Ascending Triangle Chart Pattern on Daily Time Frame Indicating its Bullish Behavior
2-It Just Break Raising Resistance(Trend Line) on H4 Time Frame Which also Indicate its Bullish Behavior
So according to my analysis Gold had bullish bias for the upcoming week
BEST GOLD STRATGY READ BELOWramin stratgy
buy= on 15 min chart wait 1 red candel close ,put buystop (on trendy markets never use buy or buy limit)on last clear high stoploss=l below last clear low take profit = 3*sl or next daily piviot point
sell=reverse of above
money managment =1000$ max open posation =0.02lot
3 week try it in demo to find its secrets