GBPUSD LONG TRADE AFTER NEWSOn GBPUSD, we have a bullish setup based on today's Sterling data. I already have a short trade on this pair following another strategy, in which I'm exposed by 0.5%. In this long position, I'm exposed by 1% as it follows an additional strategy. However, I will close or cut the losses on this position if the entry candle, or the 10 candle, closes below the support level of 1.2616. Otherwise, I will keep it open and we will see how the situation evolves this afternoon with the US data. It would be fantastic if you shared your opinion and left a like to support our work. Happy trading to everyone! Danicola, CEO of Forex48 Trading Academy.
Xauusd-strategy
XAUUSD SHORT BEFORE FED RATESOn gold, we have a price that, after reaching the 1965 zone within a supply zone, reversed its course due to the significant volume present in the area. Now, the price has started to decline, and a target is expected around the 1946 zone, where there is a high concentration of orders and a demand zone at the 1943 level. Therefore, currently, we have a profitable short trade.
Share your perspective.
Wishing everyone successful trading, Nicola, CEO of Forex48 Trading Academy.
GOLD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance and then to reject from 1990.
Fundamental analysis: Next week we have news on USD, on Wednesday will be released CPI and on Thursday PPI, these 2 are very important news, so we have to pay attention to the results.
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Gold (XAUUSD): That Was a Breakout for bearish pattern FlagSo it turned out that Gold broke a major rising trend line yesterday.
The market has successfully closed below that daily, engulfing the last 3 bullish candles.
That may push the price lower.
Next support at 1833
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XAUUSD Long BIAS Gold is currently testing Major structure levels of 1912-1909 zones that previously held very perfectly by the market now we can long from here with Minimum Sl
Trade wisely
NOTE:
if this area does the we have the area of 1900 where we can see some good move with strong bullish momemtum
Dollar weakness still intact
gold mothly say : it like go up and 50% pullback 1-from gold weekly and monthly chart we can see gold main trend is +up ,it love buy and up trend ,,, when it 500point go down then 1000point go up
2-when analyse fibo we can see in high time frame like weekly and monthly chart ,when it fly up pull back to fibo 50%, see green arrow exactly
3-AC accelerator oscillator indicator in monthly chart turn green this show if low not break big +up trend will come can go to 1900 then to 2400 , FIBO 161 SHOW 2400 FOR UPPER TARGET
4-on gold chart 1920 support is king of supports !!!! in future months we will see 1920 support too much
strongly we advice 90% looking for buy and be careful from sell, always put SL on high ,break high on gold mean +up trend will start
good luck
GOLD update 2 : buy pinbar comes,looking for buy i pick buy again,,,let see gold futures daily chart candels and AC indicator , it is clear buy
gold after little zigzag will start wave of uptrend to 1840 area
if you have sell, close all and pick buy
dont close your buy soon like new traders ok? try hold it 7-8 day minimum to 1800 , i will inform you where close buy, daily chart technical say gold can see 1900 area
see you in 1800 area lol
gold 4 hour : are you ready for buy gold?2 place i will buy gold 1731 and 1722 with SL1714 then will hold them 7-8 day
technical say gold 1st target is 1840 and then 2st target is near 1900 ,fibo61 daily so dont close your buy soon, after 10.00 point move SL to open price and let it go 7-8 day
bad scenario :if news come and gold break 1715 can go down to 1682, i will buy again there
when gold start go up dont pick reverse sell understand? reverse sell on gold is very dangrous , only under red arrow we can pick very low size sell after sell pinbar come with sl on pinbar high
good luck , if posation win please send me 10$ CHEER from my profile i can buy tradingview subescribtion,becouse i am in iran and for sanctions icant buy myself , thanks
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gold 1hour: if you dont have open sell , put sellstop in lowmy sell still open from high ,,, if you dont have sell,you can put sell stop in low
if gold go up on news near fibo 61 after pinbar come on higher time pick sell
let look gold futures daily candels and AC indicator and big banks net order on gold futures COT data
good luck see you in 1730
if you are in mobile always use google chrome / desktop view then you can zoom in zoom out
pro trader never use mobile for trade, in mobile you cant see many detail,support,pinbar and will harm you , i never install trade app or metatrader in mobile , windows desktop is best for trade
www.tradingview.com
gold 4hour: do you remember i draw this butterfly in low 1622 ?now technical say we have powerful sell why?
AC indicator daily turn red ,if high not break meqan downtrend will start soon
big trend line touch in high
butterfly pattern sell signal
for pick buy dont hurryup ok? wait 1730 area and pinbar on 1h-4h-daily chart , sl in pinbar low like always
if you have old sells,you must close all in 1730
i predict gold downtrend end and we are in 1s wave of up trend , gold can go to 1920 then 2300 dollar in 2023 so be careful from pick sell
wish you win stand in very low size ,,, in trade levrage above 1-20 and big size =margin call soon or late
best size i use for trade gold and index is per 10.000 dollar balance max 0.1 lot
gold daily for coming week : 1800 we can sell after pinbar let see gold futures candel and AC indicator
AC near switch to red but still can give 1-2 green then turn red
i think near SMA200 is buyer target , i will close my buy from low 1620 there and after pinbar come I will pick sell with sl on pinbar high
if gold break big trendline and sma200 door will open for 1900: fibo 61
if you have old sell you must wait gold go up to 1800 and back to 1735 you must close them and buy
wish you win , be careful from sell on gold ,gold and index love buy,go up
gold 4 hour : are you ready for 1800 ?fibo 161 show gold upper target is 1795 so be carefull from open reverse sell on gold ,,,if big news not comes gold going to 1800 so pick buy on deep pinbar is good idea
i have buystop on high 1682
if you have open sell 100% put sl on today high ,each second gold can fly up and never back to this level
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i hope mr Trump back ,he was best for market
www.cnbc.com
gold daily long term view: 1500 or 1800?1-weekly and monthly chart still show left fibo 61%= 1500 area as target
2-breaking 3angel in right side show 1800 and 1900 and for very long term 2300(fibo 161)
be careful in coming days gold can range and zigzag in 1650-1680 area
near arrows i will pick position and hold them 3-4 week for big profit
www.tradingview.com
note: dont use Ichimoku indicator on gold , it can harm you and hide for your eye important supports
wish you win , on gold for pick posation like always wait clear pinbar comes and put sl in pinbar low/high eat 50-60 percent SL is normal in trade
gold 1 hour : it is in double 3angel but trend is to 1700as predict yesterday gold touch support and fibo61 then pullback
now i am waiting for break trendline for pick buy and hold it 3-4 day
put buystop sellstop in 3 angel possible but very very low size and with SL
note :1639 is golden place for pick buy and hold 3-4 day to new high like near 1700
note: break red trend line is very important ean big +up trend will start
note:AC indicator in daily chart is red now,if gold break high 1657 it will turn green = powerful +up trend signal
wish you win
gold daily technical say :it will see near 1800 as we know gold love fibo 61 and fibo 161 toooooooooo much true? , so technical say its target in next 60-90 day is 1800
i strongly advice dont pick sell without clear PINBAR on 1h-4h-daily with SL on pinbar high , if you have open sell, close it or put SL on last high or put hedge buystop:1672 size: 1.5 * total sell lot
i wish you win so stand on very very low size, low levrage + SL in last high,low
note : i use always leverage 1-10 on my account high levrage = high size = margincall
GOLD 1 HOUIR: fibo 61% in up not touch yet today is NFP news day so technical analyse is very hard but i think gold little can go down then will go up to fill 1734 ....main trend will +up to 1800
let see gold futures candels on daily chart and AC indicator
advice : very low size sellstop in low sl:last high 1715 + buy above green arrow after pinbar apear on 1hour-4hour-daily chart then dont close it soon hold it min3-4 day it can go to 1800 sl: pinbar low
ALERT: if gold break 1735 will flyup and wild up trend will start so be careful from sell side ...90% looking for buy when pinbar comes or trendline break to up...
if you have old sells 100% put sl in 1735 ok? close all or hedge near 1692
wish you win
XAUUSD Daily Trade PlanXAUUSD now on Wave 3 and going to last resistance, after great impulsive last night gold have potential to get back down to 1797 area for retracement and then continue to the last resistance at 1812, we analyze it the price will make a little base/pattern around that price and hopefully it will break it like on the image
Rocky Ride for GOLD (XAUUSD)Here is yet another chart pattern. It appears that $1677 is literally the floor (strong support), and currently, the lower highs are suggesting gold will continue an up-and-down ride until we near the end of the pattern. Strategies for now?
- When at roof level (high), go short
- When near the floor, go long
This should keep the investors and traders busy for a while, unless there is yet another lockdown imposed, in which case, the gold will break through early, and it will go upwards to touch the $2000 mark yet again. Hope this helps!
SELL GOLD to target last support at 1761👉 Trend still bearish for now.
👉 Price is in mode finish with consolidation phase.
👉 Continuation down trend pattern chart is taking place.
✅ Trading idea 1 : Sell from current levels to target last support level at 1761. and put stop loss above resistance level at 1795.
✅ Trading idea 2 : Sell after price breaks support at 1773 and put stop loss above this level. to target last support at 1761.
XAUUSD Strong Potential For A Bear Run To 1850.Gold is likely to see a retest of 1884 area before a roll over targeting 1850. A break above 1884 will make this trade invalid.
DXY (USD Currency Index) has broken above 90.200 with a strong bull run which shows us strength in the USD in the short term at least, potentially moving into the longer term.
This position is an Intra Day - Swing depending on market structure when the trade is executed