UPDATE : M15 XAUUSD SHORT KEY LEVEL - PRICE ARRIVING NOWAs you can see on the previous analysis, whereby a forecast was sent on the projection of a Bull Run to Re-Test the TRUE SUPPLY level.
We can see that the theory is now in action, what we are waiting for now is to see whether 2686.79 can bring us the Short we are looking for of at very least 1:2 RR
Xauudshort
#XAUUSD 15MINThe lower timeframe shows the price consolidating within a range, presenting two scenarios:
1. If the price closes above 2633.00, we will look for a long opportunity.
2. If it closes below 2625.00, we will seek a selling opportunity down to the support area.
Avoid placing advance orders for now; wait for solid confirmations before entering.
#XAUUSD
Gold, focus on the resistance position of 1949Gold, in our strategy has given a very correct analysis. If the MA52 SMA position is not effectively broken upwards at this position now, then the market quotes will make a retracement, and if it can effectively stand on the MA52 position, the market quotes will continue to rise.
4/20 Gold trading Signals: 1990-2015
We have made a profit of more than 300% for two consecutive weeks!This week's 500% target has been completed, and it is expected that another 100% profit will be obtained before the market closes tomorrow!
If you are trading following my signal, then congratulations, you have discovered the treasure!
Today, after gold was supported near 1990-1993, the Asian and European markets fluctuated and rose, and the US market opened strongly to near 2011. It is currently maintaining volatility. On the trend, the key resistance level is 2015-2018. If it cannot be broken through, the market will still be in a short form, and the support near 1969 will still be tested again.
If you are not sure, you can come to me!
XAUUSD (Gold spot) Analysis
XAUUSD (Gold spot) forming Head and Shoulder pattern in day candle ???
20 dec 2022 1808
25 jan 2023 1960
27 feb 2023 1808
?
28 Mar 2023 ? >> 2061 !
26 Apr 2023 ? >> 1808 !
25 May 2023 ? >> 1955 !
21 Jun 2023 ? >> 1808 !
??????
1 Aug 2023 ??? 1614
15 Aug 2023 ??? 1664
30 Aug 2023 ??? 1617
20 Nov 2023 ??? 1978
comment your ideas
WHAT CAN WE TRADE ONGOLD RIGHT NOW?Even though the overall trend is bearish gold is presenting a 2 sided opportunity,on one hand we have a buy setup that just took off for short term traders this is a great day trade or scalp opportunity,seeing the double bottom we have in the 4H evident that this week we have failed to print lower lows for that bearish move ,An inverted head and shoulders can also be seen supporting the short-term bulls..But the resistance at 1685 is resting on a daily trendline aswell as the 61.8% fib level so we can only wait to see if we get that decisive break to the upside or a rejection to continue the current overall bear move
XAUUSD SHORTFor More Daily Detailed Analysis, Click on the follow button.
Here we have our GOLD chart.
After geopolitical Tensions caused gold and Oil to surge, we have been brought to previous highs. These Highs give sellers impetus to the shortside and allow for us to enter the market accordingly. We can Trade this asset lightly given the current risk sentiment in the market.
After the news, the surge in the price of gold has brought it way off Key MA's. This makes it indcredibly feasbile for a short side trade, given price is so high.
As we reach these zones we can look for early exits on falls gradually at some early support.
GOLD Bull or Bear MoveHello Friends,
Here in Gold We've the bear trend according to intraday candlestick chart. So i'm firstly focusing into bear from that area below 1795 as more possibility of bear due to rejection in bear. So, our target is still support area which is into the correction area. So entry is around 1795 till 1767.
If it didn't stop & keep on flying strongly by breaking the 1795 area then we probably have to seek the rest of gold around 1815. So bulls only in case if it break that area which an impulsive bullish move in New York Session.
That's the simple chart for your common view as these two possibilities are here as shown which i tell you into bullish trend correction.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Short XAU/USDI feel like I'm posting the same analysis all over again. The market has been soooo slow this week, although still in line with previous post. I just want to reassure that bias is still bearish in favour of dollar strength. EUR/USD had a major collapse and still going -> refer to my monthly analysis posted a couple weeks back. XAU/USD has been holding on for its dear life, I feel like inevitable collapse is pending, with a guaranteed TP at 1700, and a potential for a much bigger move. I could be wrong. What are your views?