Xauusd-trend
XAUUSD BIAS: LIKELY TO SELL SOON @ THE EQUAL HIGHS AREAHello there, having mapped out the XAUUSD chart in the H1-H4 timeframe, it's very clear that the price is making equal highs, most especially in the H1 timeframe. The question now is should we sell here? Unh, the answer to this question is that our sell decision is highly questionable, why? It's only because that's a very bullish market, so selling there is like daring the market. As you know, the best trade setup is following the trend. Don't dare the market!
My Thought: if you want to sell it, make sure there is a solid signal like a nice bearish pin bar or a perfect bearish engulfing candle plus a momentum indicator like stochastic(my favorite among others) and others.
My Entry Approach: My entry approach for this market is that I have to wait for the small resistance line I drew to be broken and retested before I could make any trade decision as there will be some sort of manipulations for liquidity in that area. Patience is the key here for the big banks and the smart money is watching your trades, hunting for your money, I mean your stop loss. Stay out of FOMO. The market will always create more and more opportunities day by day. If the market runs away, then let it run away; it will surely come back to you.
My Final Judgment: XAUUSD will sell.
Stop Lose:2011.490
Take Profit: 1940: 801
Entry: Undecided, waiting for the line drawn for the price to break and retest it (it's there we look for a nice trade signal). Or, enter anyhow you know.
Gold Down To 1926$ ?Gold prices traded just below their strongest levels in 11 months on Monday as markets gauged the impact of emergency liquidity measures from the Federal Reserve and other major central banks amid increasing fears of a banking crisis. The increased liquidity measures by the Fed also undermine a year of monetary tightening done by the bank to curb inflation, and are likely to keep gold demand supported. So for me It will be a pressure of fear for buying the gold metal and that will push him a little down .
Will The Gold Hit 1840 Before The End Of The Week ?Tuesday was as I expected , The Gold Metal breaks the support zone I have made , Rsi shows the oversold volume on the 4 hours timeframe , so for me tomorrow will be positive for the gold , so the fed powrell speech will affect negatively dollar index and push the gold metal up
XAUUSDHello traders.
I am patient at the moment with this gold price action.
In my opinion I see 2 possible scenarios.
1st is the stop hunt of retail buyers in conjuction with selling panic down to 1792 and then a buying reversal.
2nd one is the retest of the recent highs around 1845-1856 area which will be perfect for shorts.
Note: Weekly TF perspective, it is approaching a strong demand area.
Contrary Note: Broken Daily - 4H - 1H predominent trend.
Conclusion: Wait for the price to touch key levels! There is no need to rush.
Watch the calendar for any news incoming - especially major importants news.
Shift to 4H-1H-15Min for Price Action.
Tomorrow is Monday, so I prefer to see what will give to us, and enter in the Tuesday or mid week.
Sell XAUUSD SW 300123 17.30 📌📌Signal Sell XAUUSD📌📌
Link :
📍📍Open order 1928
Sell lim 1 1941
Sell lim 2 1957
Sell lim 3 1969
Sell lim 4 1982
Sell lim 5 1994
Tp 1866
Sl 2006
Warning !!! (Swing trade must be use pending orders)
!!!Pending orders should be set up lot size step by step
Example
(15,000$)
Open order 0.05 lot
Sell lim 1 0.08 lot
Sell lim 2 0.11 lot
Sell lim 3 0.15 lot
Sell lim 4 0.20 lot
Sell lim 5 0.30 lot
Sell lim 6 (last order) = 0.84 lot
Example
(3,000$)
Open order 0.02 lot
Sell lim 1 0.03 lot
Sell lim 2 0.05 lot
Sell lim 3 0.05 lot
Sell lim 4 0.06 lot
Sell lim 5 0.7 lot
Sell lim 6 (last order) = 0.27 lot
!!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
The Future For Gold (XAUUSD) Here I've provided my prediction for the future of gold. I do believe the DXY will make a final rally to the upside, making contact with the most recent weekly resistance. Based off the fibs I predict price of XAUUSD to move to the upside next week, maybe even the following week. Hopefully giving us that sweet rejection off the 61.8 fib level. Once I get the break of my 50 EMA I will be entering for the sell and holding until the bottom of the channel we are currently in. Feel free to leave your thoughts and opinions in the comments. OANDA:XAUUSD
XAUUSD / GOLD Short: Shooting Star, Fib 0.618 RetracementXAUUSD / GOLD Short biased on the following basis:
1. Downtrend: LH and LL
According to the DOW theory gold is making LL and LH which means the price is continuously moving down.
2. Shooting Star
Candle Stick a shooting star indicates the downfall in price as well.
3. Parallel Channel Resistance
The price is moving in a descending parallel channel and now the candle is formed at the resistance line of the channel.
4. Resistance at 4hr
Along with the parallel channel resistance, there is also a 1hr resistance level near the entry point.
5. Priced has retrace around 0.618 fib levels of the previous rally now it will continue to move downwards
All of the above points are in indicating the price will go further down from here.
Gold Forecast 05/09/2022Bears need to find footing once again below $1,700 to resume the downside momentum. The next cushion is seen at the rising trendline support at $1,690. Should the decline accelerate below the latter, a test of the 2021 low of $1,677 will be on the table, below a break of the yearly lows.”
“The 21-Daily Moving Average (DMA) is set to cut the 50 DMA from above, which if confirmed on a daily closing basis will represent a bear cross. The bearish crossover will add credence to the bearish potential in the metal
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Xauusd NFP tradeGold is rejected from local resistance and trading in some sell position.
As you can see in my chart gold is trading now in bullish chanel and chanel support is 1775,73 area if market come 1st at support then buy gold for 1810 target.
If market goes upside 1st before reaching support level then bulls have very hurdle path to break 1800 psychological resistance level ,then 1807 D1 T/F horizontal resistance and chanel resistance also there, then 1809,1812 strong supply area, so I think market must reject from there and target is our support level.
XAUUSD The beginnings of an uptrendXAUUSD The beginnings of an uptrend
The price has been in an ascending channel since last week. in the next 2 days there will be a minimal retracement to the support level, followed by continued growth to the level of 1800.
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xauusd analysisHey traders
Gold is now in an important area, the reaction must be monitored to know the price direction in the coming period
If the seller is violently rejected and the price corrects below the support area, the downtrend will continue
If the buyers manage to break the support and correction level and break the correction forcefully, the price will rise to break the top