Gold Spot / U.S Dollar 1D looks bearishThe pair is currently bearish and hopefully, it will go down to get some profits
Xaususd
XAUUSD RESULT PATIENCE = SUCCESS CONGRATULATIONS GUYS ..After a long patience, I decided to close my trade at this levels ..if you still in the market i recommend you to close you trade and wait another trade
XAUUSDLaid out my trading plan for the Pre NY/NY OPEN Session.
Stated both bias for buys and sells.
Higher probability of it going higher as the Daily candle has closed bullish above the range but also since it was a strong rejection area previously, it can also reject the area once again and continue bearish. Let's see.
Be patient. Wait for the candles to print.
YOU GET PAID TO WAIT.
Gold trading at a crucial level 🦐GOLD on the 4h chart is moving inside a retracement channel.
The market is trading near to a weekly structure and is looking for a clear direction.
If the market will break below we can see the price pushing to the 1700 level while if the price will hold the support and provide us a sign of inversion we will check for a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Smart Money LONG | XAUUSDThere's great potential here on gold for a long trade.
Let's see how price delivers
Gold Play in Inflation TimeMostly peoples compare Gold with Crypto and they forget Gold is not speculation like Crypto mania , Gold is tested and proved from long history. When a lot chaos and uncertainty in Stock business I think Gold still a worthy and wise investment.
Buyers will take interest to buy Gold again from this level and if long play we can see 2200 to 2500 price range in 2021 to 2022 year.
Gold expected to continue bullish trendAccording to technical analysis and my personal understanding, Gold is currently in sideway trend, but in bigger picture, it still in bullish trend. If the price break price in SND Zone (1817.97-1814.32), it will continue to go to next SND Zone which is around (1854.22-1857.70). But as per history of gold, it will take the lowest support as possible before it can bounce to higher price as we seen in last months where it gain strong momentum as it clear its SND Zone.
Anyway, this is my personal opinion. Please share your thought if you have different view regarding this matter.
But be careful as we can see in previous event occur around the world, there are a lot of oil reservoir/tanks been exploded. This will increase the increase the demand of oil, and also, strengthen USD in long run. Thus will affected Gold price to nose dive. Beware of the SND Zone below sideways area (1797.8-1796.8) and the significant support at 1793.00.
In the event of this scenario occur, Gold looking for new support before continue uptrend movement. We are looking price to reach at 1814.32.
-HFX FX-
Head and Sholder Pattern - XAUUSDH&S pattern formed on the 1hr time frame. Possible step down.
Waiting for price to break and retest.
Gold is going to consolidate ...Gold is close to strong resistance area (dynamic and static): 1875
I think she will consolidate to her mid-line 1770 soon
XAUUSD Chart Coming WeekA fall perspective to the as the market hits the 78.6% retracement level correlating with the same move as the EURUSD.
Gold Spot- XAUUSD- short Gold spot loosens its shine! An elevated NFP stats moves the instrument lower and starts accumulating net positions lower to the downside.
Historically it performs well either bullish or bearish but an area of consolidation is taking place with an accumulation of liquidity at play until it breaks either way. My bias is still bearish before a return to bullish territory.
Comments are welcome! Have your say.
XAUUSD Gold Price Technical Gann Analysis for 12/21/2020The price movement is pretty high today, and both support and resistances holds for now. My analyze is telling it is good to watch until one of supports or resistances break.
supports:
1855.69
1818.10
17.68.00
resistances:
1907.65
1964.42
Best strategy:
With news of agreement on stimulus, the price will be bullish and best place to enter the market is long in 1860.00 with tp of 1950.00 and sl of 1845.20
please write your comments below, what do you think about the analysis?
XAU gold must hold supportBut I see a lot of overhead resistance. Bearish momentum even if there is a bounce up to the resistance of the descending channel.
Gold to fall and then possibly bounce from the Support!Gold is rising in the Upward channel. The golden cross indicates the bullish signal , however we see the high overboughts at the ROC and RSI that suggest that the price can fall. Thus , we shall expect either instant rise or the bounce from the local support , as the golden cross has not been very accurate sign for the Gold!
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We are selling gold again! In early August, we sold the gold and closed over $100 - 1000 pips in one trade. - Many people did not get involved in sales!
Last week we sent 2 analyzes for a decline to $1920 - Many people did not get in!
Now we expect a new decline and breakthrough of $1920. - Many people will not get involved in sales.
The main reason for missing most of the movements is that we expect something to happen and seek confirmation only in this direction. If we have an active buy position , our brains will find enough reasons to confirm our decision and ignore all the possibilities for a price drop.
This leads to the biggest losses. If he manages to convince us that there is no other option and we are without a stop with a large volume.
This is welcome for the sharks in the market who are waiting for this fresh blood of the still naive market participants!
The price will go up, but how much will fall before that and whether we can withstand this fall if we have a buy are the more important questions.
GOLD (XAUUSD) - more upside probable. This is an update on the daily time frame for gold. Things have changed.
I see some sort of continuation pattern developing creating probability for the upside. Note carefully my disclaimer below.
For every probability estimate in one direction there is always a residual probability for the opposite direction (- this is why we have stop-losses which must always be affordable).
For the record - and just in case - I never predicted that Gold was gonna crash. This doesn't mean it can't crash. What I said on a previous occasion was that 'Gold could be in trouble' and yes it could still be in trouble even if it punches north.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
GOLD 100% ACCURATE WEEKLY PROJECTION WITH ALL KEY LEVELSPrice will react same like this as i mentioned in chart. 1733 will likely to test then retest of 1722. 1738 retest again 1728. final 1734 before dump to 1700 level and so on its consolidating right now and getting in narrow range which clearly shows a drop is planned but not so smooth it will take time
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GOLD(XAUUSD)There is possibility XAUUSD market goes Down because making a HEAD & SHOULDER pattern market goes down upto 1650.00
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
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