#XAUUSD LIKE A BOSSSSSSSDON'T YUCK MY TRENDLINESSSS... BUY NOWWWWWWW HAHA ATLEAST IN PAPER TRADE
CMP with Strict SL 1786 targets upto 1800 1810 and 1820 in total, hoping for a inside dragonfly doji reversal
Xausdlong
XAUUSD Trading style for this week Gold is growing at the level of 1836 Stoch is overbought condition and there is possible retest at the nearest lower level which is 1809.
other point of view it can reach up to the level of 1848 and again retest the nearest lower level which is 1820. ( Due to overbought condition )
buy my babe gold in deep well gold is in best place in my view to buy in deep
set sl and tp let market move
stay tune
GOLD is ready for a rallyGreetings Traders,
Gold has been in a continuous downtrend since June, 2021 followed by a major crash on 9th August, 2021 which pushed the gold prices to as low as ~1,680 $ to the support level of April - June, 2020 and March, 2021. But the crash was soon followed by strong buying of Gold which resulted in daily candle closure above upper demand zone, but that upward momentum was unable to break the supply zone range of 1,830$ - 1,835$ which pushed the prices downward to 1,725$ - 1,720$ Demand zone once again while forming double Bottom at Daily chart along with Bullish RSI divergence as shown above.
It was also forming Expanding Falling wedge Pattern as shown below in 4hr chart:
The Wave E was completed at the Demand zone, the bounce from strong Demand zone area showing Bullish RSI divergence in 4hr and 1d charts pushed the prices to upper trendline resistance of wedge at current level.
Currently it is also making inverse Cup & Handle pattern on 1hr chart which is about to break upward soon as shown in the 1hr chart below:
The current upward momentum and the Bullish chart patterns forming on different timeframes are indicating a strong upward movement. This momentum will act as the push needed for Gold to break its Supply Zone and Resistances allowing it to make a good upward rally in upcoming days.
There is a good possibility of a new All-Time-High in upcoming Weeks / Months as well.
~Regards
~Syed Hamza
Follow Up Of Possible gold impulseOk guys so following up my idea from yesterday. The fibonacci retracement on the daily is being irrespected, this means that if today price closes below level 76% there might be a huge fall. There is still some chance that price closes above the level and respects the fibonacci level.
H4 GOLDTURN LEVELS We have updated SOME STRONG H4 Goldturn levels and our axis levels. Closely watching for our moving averages to break and close to confirm next stop.
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GoldViewFX
XAUUSD Top Author
H1 LEVELS AND UPDATE ON GOLD TARGETSPrice has crossed below 1845 and EMA5 confirmation with candle close. We have a clean run to 1825 benchmark which is now open for the short term. Long term we are targeting buys therefore will not be adding to any positions until the 1825 mark is cleared. This is the time where we sit patiently and wait.
We will look for the 1846 level to be retested and broken with a Goldturn to resume the Bull targets above and our overall direction. We will of-course update any changes, as we continue to analyze and update our moves.
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Double top bullish theory XAUUSDPrice will fall according to double top theory to later form a fibonacci to go long. Lets see if it plays out!
Following up yesterdays idea. Massive 160+ pip candleSo my idea from yesterday accomplish somehow. Today there was some news that pumped the price 160+ pip in less than 10 minutes. Right now a fibonacci formed after the news telling me to go long. Lets see how it goes!!
Gold Bullish Prediction Analysis Following the 160+ pip trade I posted before, gold has continued to follow the H1 bullish channel. My prediction is that if gold continues to respect the channel, price will increase to accommodate acording to it. Remember I am no magician but this is my best analysis and I hope it accomplish it. Another scenario would be that it breaks H1 channel, and price will drop exponentially.
We are going for a bull run XAUUSDWe are looking at a clear structural double bottom
structural pattern-descending channel . a reversal pattern .
most support tests , which implies the support is strong .
on the lower time frame we will be looking for higher low , for an entry
XAUUSD bullish moves from gold coming up, see gold coming down to the IC candle and then to expecting to move up to the 1850s
XAU/USDGold broke a major resistance at 1796 which is now acting as support. The next major resistance is 1830
XAUUSD Short SELL Long BUY....NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
XAUUSD DAILYgold now touch support but after you see after break the support gold will continue the bear trend and will go to the next support. but if can't break the support the big of possible trend is bull
GOLD BULLThis looks like a possible inverse H&S here, if true this is the move I believe to happen next.
XAUUSD dailywe see dollar index has been weakness and we see opportunity that gold will go back to the highest than before if break the trend Line resistant but if the price can't break so gold continue the bear trend
Gold LongCould expect a minor pull back, or even a retest of 1765 , due to the bearish engulfing on the daily. Pay close attention to the candles on Monday and throughout this coming week to look for entries.
Take partial profits throughout this trade as it is a swing.
Gold- I expect a new leg upGold has spent the last 2 weeks consolidating in a range.
I still expect a new leg of correction and my target is above 1800
That being said I will look to buy dips and a dive under 1750 would negate this scenario
