Xausudlong
Gold Market Analysis and Strategy
Gold prices continue to fluctuate around the 2640 level. The initial short position has already reached the target of 2622. Currently, prices are rising again, and it is expected that the previous high of 2641 will be broken.
Trading Strategy:
Long Opportunity:
Close around 2645
Short Opportunity:
Alternatively, wait for the price to rise into the 2646-2655 range, which is anticipated to serve as a resistance zone, before opening short positions (selling).
Expected Target:
For the short position, a potential downside of approximately $19 is anticipated, targeting a drop back to the 2627-2636 range.
XAUUSD: Sell, Target 2745-2736Today, I highlighted the likelihood of a gold pullback near 2754, with support in the 2745-2736 range. As expected, the price dipped to around 2746, delivering solid profits for those who followed this strategy.
Currently, DXY shows signs of an uptrend, which could intensify during the U.S. session, likely pressuring gold to drop further. Support remains focused on the 2745-2736 range, with a stronger DXY potentially pushing gold down to around 2732. For resistance, continue to reference the 2752-2758 zone.
Gold Rally Slows, Pullback Imminent
Since yesterday, gold has been fluctuating within the 2615-2635 range, with the bullish momentum clearly slowing down. In my view, it is likely to decline to 2606 by Friday at the latest.
Why 2606? This level serves as a key support in the ongoing upward trend. A healthy trend relies on robust technical support levels, which is the foundation of my prediction.
Continue to sell, and patiently wait for the price to drop, allowing the profits to materialize.
XAUUSD: Mid-Term Target Set Below 2550
Gold's upward trend has noticeably slowed as it approaches the 2630 level, which is likely to act as a new resistance zone. Before confirming any further upside potential, it is crucial to see a retest of the 2600 support level. Until this support is validated, the recommended strategy is to focus on high-level sell trades.
If the 2600 support is confirmed, it may present a buying opportunity. However, if the support is breached, selling into any rebound should continue to be the dominant strategy, with long positions only used as a secondary approach. In the medium term, I maintain a bearish bias, with downside targets in the 2530-2500 range.
XAUUSD: Keep buying!
I dealt with many other things today, and the orders traded were relatively small, but my VIP friends all received my signal, and in general, the profit was around 110 points.
Tomorrow's trading strategy is still based on dips, trading and confused friends can join me, I will take you out of the dilemma!
Gold: Major Breakout on Weekly Chart Signals Upside Potential! Gold experiences a significant breakout on the weekly chart, indicating substantial potential for upward movement. This breakout suggests a bullish sentiment among investors, prompting anticipation of further price gains. Analysts foresee continued momentum for gold, driven by factors such as market dynamics, geopolitical tensions, and inflationary concerns.
3/15 golden adviceGold operation suggestions:
It is recommended to follow up the short order in the 2168-2175 range, stop loss 2178, and target 2150-2155-2160!
If the market breaks below 2148, you can follow up with long orders, stop loss at 2144, and target 2160-2170!
Wait for gold to fall back to this position to go long.3.11 The gold daily line continues to maintain a strong trend, and there is no sign of peaking for the time being. However, it has been rising for 9 consecutive days. In terms of time, the probability of adjustment this week is relatively high. The current unilateral moving average support is at 2158 and 2120. If it falls below, we can see the strength or the trend change. The support points of the 4H unilateral moving average are at 2172 and 2165. The Asian market has surged higher and fallen back. The lower part will focus on the two points of 2172 and 2165 for more support. There is some radicalness around 2172. It is safe to wait for the support near 2165 to continue to do long. The upper part will continue to look around 2190.
Operation suggestions: xuausd buy2165, TP2190;
Long orders are difficult.The current trend of gold is still bearish. Although there has been a rebound, it has never been able to break through 1830. In my current opinion, gold is still very likely to fall. All long orders are not suitable to enter the market for the time being. After gold further rebounds to highs, we will enter with short orders. I will update further in the channel below.
XAUUSD Buy day trade todayFXOPEN:XAUUSD Buy Position day trade today
Buy 1953-1955
Top 1960
Due to public holiday in US, there will not be much movement in the gold today.
Gold Breakdown Analysis 05/04/2023Dear traders last setup was respected and we see strong trend in gold breaking all the previous daily candle after that move it may corract this move so I expect gold if if breking below support 2016 it will be good chance to looking for sell and if he break above resistance 2021 it will be chance to buy so wait for price to closed and look for your entry take care and good luck
Trade safe!
GOLD ANALYTICSHello All,
Today's Market is slow as always, since it's the beginning of the week, we expect momentum to increase mainly during NEW YORK Session, However it does not mean we should not make some profits and as i promised last week, this week i will be on 30Min AND 45MIn TIME FRAMES, i believe this should be a good illustration for those whose equity is low.
Today there is nothing much to disclose, we can see that OUR PREVIOUS Down TREND LINE was broken this is mainly an indication that sellers are loosing Momentum however we still expect a fall, the orange box on my chart indicating the above statement, since it's the beginning of the week and there is not enough momentum the least we should expect is a CONSOLIDATION and then at least a retest to either $1818 and if it's to extend further then it should be $1820, however if our level $1820 is broken this could mean there is change in trend and instead of the fall we were waiting for we will see a rise to $1834 and possibly hit $1846.(This all depends on the patterns formed)
Note if $1820 is broken, and the price moves towards $1834 at this level we will be considering Price Action and the PATTERNS FORMATION so as to give us more information on where our trend is headed to.
My ENTRIES since the start of last week (Monday) at $1839-45 are active and as always in BIG BLUE, i also had 4 Entries at $1826 which are currently running PROFITS, NOW with all being said if level $1807 is broken then we should expect $1795 HIT and if it's to run further down then $1783 is the 2nd TAKE PROFIT ZONE.
For those Few words, I hope you all enjoy this week's ENTRIES and have success throughout your lives! Up until then Wish you all A wonderful Start Of BlUE DAY.
NOTE : Whatever I SHARE with you here IS NOT A Recommendation, I share this for KNOWLEDGE PURPOSES ONLY, This is my OWN ANALYSIS, using my Head and Indicators to evaluate, However i always give you the insights so that you can conclude on your OWN. PLEASE FEEL FREE to share your IDEAS OF THE SAME in the Comment Section, we ain't here to argue coz depending on your analysis you may be right and I MIGHT be wrong ,WE COULD ALL BE RIGHT and also WE COULD ALL BE WRONG!, and if I'm Right it does not MEAN your WRONG!
XAUUSD on its way to recent high of 1949So the price action is according to the plan shared in the last post. The price bounced from 4h support. The price did not quite actually touch the price I marked, but was very close and skipped it by 1 dollar.
Now as mentioned before, price will move higher from here and will clear the recent high of 1949.
Gold Technical Analysis (WEEKLY) Bullish OutlookGold is going higher again. The price set a new higher high and higher close on the weekly and daily, violating key structure resistance. Bullish continuation to follow!
XAUUSD bulls n bearsHi guys im back been pretty lazy at posting up charts lately
But this is what i am looking at the moment i am more bearish then bullish atm
GOLD MID TERM LONG POSITION to 1800Looking for a W pattern and looking for a bullish breakout to 1800 levels for TP.
XAUUSD on Daily chartin the chart, we have BAT Setup with a sign of increase. using Fib-Extension we assume that GOLD Heading up to 1880 first resistance
XAUUSD 1H View Hello
Hope you had a blue day as we did with our analysis and signals,
Nothing much to say today we keep our view as the same as yesterday with the 4H chart , Gold has swung with the highlighted areas and done them perfectly. and it's on his way to test the Daily trend line .
OANDA:XAUUSD
Buy Targets 1836 / 1846
Sell Targets 1822 / 1815 / 1811 / 1806
Please don't forget to Like and Share , it really helps and Support us to do more .
Forexens
XAUUSD trade idealooking for buys at the break and restest of 1981 level and sells below 1973 level.
good sell in gold hi guys i see good setup in gold with high Rr
can we make the Tp , let see ☺ .) !!!!!!!
XAU/USD Buy Scenario! 4 Things to think before tradeHello traders!
There are 4 things to think of before I take this trade:
1. If the price rise we will have a flat trend on D1, on H4 we have a formed up trend till now.
2. The price breakout the near suport and we wait for a bullish candle to confirm the up move
3. Not a really good trade because the price make already a half of the movement
4. The price could go down when will meet the previous High point (the big trend is more important), but still the new trend is at the beggining.
SL will be almost 1836 points (1%)
Tp will be almost 7404 point (3.9%)
The risk/reward is almost 1:4, I think we can try thin one.
Leave a comment with your oppinion!
Enjoy it!
GLD MONTHLY CHART , Bull Run?Hello traders, First make sure to LIKE & FOLLOW FOR MORE.
OANDA:XAUUSD - Continues with a strong bullish pressure , we can expect a POTENTIAL first Long-term target near that supply level . With that being said , I'm currently continue stacking BUY ENTRY TRADES like I've been doing on december . Look for Intraday buy targets and pullbacks. Currently also waiting a DXY bullish.
This is an idea that I am happy to share at any moment should be taken as an investment advise, Hit the like button if you agree, Commenting your idea is welcome too. Thanks for supporting!
