Gold: Price needs strong motiveGold prices hovers around 1992.20 level, starting today with clear positivity affected by stochastic positivity, the price needs to consolidate below this level to keep the correctional bearish trend active, as breaching it will stop the bearish trend and lead the price to resume the main bullish trend and head to achieve new gains that start by visiting the recently recorded high at 2048.70.
Until now, the bearish trend scenario still valid as long as 2003 level remains intact, noting that our targets begin by 1987.00 to get negative motive that assists to push the price towards the next correctional level at 1965
Xauusd4h
Will gold reverse on the way down?Will gold continue to fall to 1950 next?
First of all, what I want to explain is that gold as a whole is still weak, but it cannot be directly shorted in trading.
The reasons are as follows:
From the continuous closing of the lower hatching line at 1970 in the recent trading days, it can be seen that gold is currently receiving technical support at 1970, so gold may take this weak rebound.
So which areas are mainly observed above?
1.First observe the 1988-1992 area
2.Secondly, observe the 2000-2004 area
If these two regions can recover quickly in the short term, then gold may reverse its decline and there is a possibility of challenging the previous high again.It is also worth noting that don't just pay attention to integer thresholds and avoid the pitfalls of technical false breakthroughs.
In addition, in this week's trading, we have achieved a record of consecutive wins and zero losses. Starting tomorrow, our revenue target for this week is 300%. Remember to pay attention to and follow the detailed trading signals in the channel. I am also very happy to make more profits with you.In addition, for the recent ups and downs of the market, over and over again, and frequent long and short conversions, there may be many friends in the trading, back and forth continuous loss orders.So whether it's a friend who has a trading order quilt, or a friend who has recently lost money in a row, I have the real strength to help you solve the quilt, or satisfy your desire to make money. Welcome everyone to visit the channel!
XAUUSD BUY PROJECTION 23.04.23Reason Behind XAUUSD Bullish
1. Last Week Bearish Engulfing candle confirm the further downward Movement towards 1950 Which is Major Support
2. After Clear sell off and Obey the stronger Support and rebound and make teh higher High
3. Breakout above 2010 and Clear Strong Buy
Overall Possible Outcomes
XAUUSD BUY @ 1950
SL 1930
TP 2050
#XAUUSD-TARGETING 2060-2070 REGION!Dear Traders, NFP is tomorrow!!! therefore what we are looking at the GOLD right now, price showed selling pressure whole day today which express we may come down to 1970 when the data comes out tomorrow. The strong bullish momentum will continue as investors are heavily invested on gold and as we also expect FED to release their decision on interest rates. The possible scenario in here is price may not come entirely to our territory but it should at least comes down to 1980. It will also be interesting how DXY will be behaving until tomorrow's nfp.
-GOLD remain so volatile most of the time, in order for you to stay profitable you must use accurate risk management all the time. Stop loss should not be more than 40+ pips while taking entries on XAUUSD.
-Keep an eye out and trade safe.
Gold is about to usher in another big opportunity
Gold rose from around 1990 to the 2030 line and then began to fall. It is currently around 1995. On the 60M chart, the strong resistance is around 2008, and on the 1D chart, the strong resistance is around 2015.
From the small-level chart, there is a short-term rebound demand, but in the daily-level chart, the MACD divergence plus dead fork is not optimistic. Last week, the support of MA20 was around 1956, and now it has moved up to around 1975. The lower MA30 is at Near 1932, these two moving averages are currently showing weak signs of turning downwards, indicating that the current gold may weaken. If there is no news stimulus, we are likely to see 1935 again!
Therefore, this week's strategy is to short at high positions, supplemented by long at low positions, in the absence of news stimulus.
If you need specific trading strategies, please contact me in time.
XAUUSD BUY PROJECTION AFTER CONSOLIDATION 02.04.23Reason Behind Bullish
Technicals
1. Bullish Engulfing Candle Stick Pattern Confirm Further upward Movement
2. Triangle Ascending Pattern tends to breakout @ 2000
3. Levels S1 1950 S2 1920 R1 2000 R2 2074
Fundamendal
Dxy While retest 104 the XAUUSD reach 1945
After rejection of 104 further Move towards 101 which helps to reach Target
Overall Possible Outcomes
XAUUSD BUY@ 1945-1950
SL 1920
TP 2074
Break Zone - 2000
XAUUSD BUY TREND CONTINUATION 09.04.23Reason Behind Trend Continuation
1. Breaked out the Ascending triangel Pattern @ 1950 and Retesting 1980 Before Making Higher High
2. Bullish Dogo Confirm the Bullish Movement
3. Fundamentally DXY stronger and Make Lower as Low Volume In market
4. Retest the demand Zone and Further Bullish Move
Overall Possible Outcomes
XAUUSD BUY @ 1980-1990
SL 1949
TP 2074
XAUUSD Gold Next MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
Completed " 1234 " Impulsive Wave
Symmetrical Triangle with " ABC " Corrective Waves acting as an Corrective Pattern in Short Time Frame
Divergence
Impulse Correction Impulse
#XAUUSD= SELL 700 PIPS SETUP!!!Dear Traders, apologies for the last setup which failed as we had news on US JOB MONTHLY report came out to be negative. Right now price is accumulating to continue until 2040-2050 that is our key area where we expect prices to drop significantly to filled up the liquidity voided area.
We also have NFP this week Friday which is be effective.
XAUUSD- UPDATED CHART!Mar 22
Dear Traders, hope you are doing great, following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
Good Luck and Happy Trading!!
#XAUUSD- Last Setup Dropped 500+ pips!!Dear Traders, hope you are doing great, our last trade idea dropped 500+ pips price is forming reversal wave pattern indicating a strong bearish outlook ahead. The recent economic event indicates a large sell orders had have been entered from big firm like JPMorgan, which will also be a key data to look out for.
So let's catch up:
-Keep noticing on price momentum and behaviour.
-Keep an extra eye on DXY.
-a PLUS EDGE would be to have AUD strength analysed
Previous key economic event:
Following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
Good Luck and Happy Trading!!
Trend analysis Gold market - H4
Trend analysis of the gold market is giving a potential idea for trading when focusing on ForEx 4H swing trading based on the historical floors and ceilings which all have been identified.
When the price of gold approaches some of these levels , use technical indicators such as RSI "preffered the 4rd" to help confirm potential reversal points.
Incorporated fundamental analysis of gold supply and demand factors do help inform these times for trades.
Ceilling covered calls or buying protective for options , may help manage risk and potentially enhance returns. "Sell a covered call option at a higher strike price if believed the market will not rise above a certain level. Alternatively, buy a protective put option to hedge against potential downside risk.
If focused on swing trading in ForEx , around these historical levels , advantage of the construction power of previous quarters and potential market elevations in the gold market value is a home game winning.
* Remember to always conduct your own research and use proper risk management techniques when trading.
Keeping in sight the 4H for the Gold market in the recent year, it has experienced significant price movements, mantaining it the/a attractive asset for traders and investors.
These are the historical levels (Gold value) that provide insights for potential trading opportunities ;
2070.00" / 2002.00
1917.00 / 1875.00
1809.00
Marked as blue colored horizontal lines , these levels identify the particular value and are backed up by the previos year(s) movement(s) suplly ceilings and demand floors. Looking back coming to this quarter it is only right that the work done , must be at first look forward to and be inspected (again (1stQ high ¹st anual high ?), decide acceptance or grant correcttions.
• " 2002.00 Gold value. The latest high, gave a pretty strong look ahead but corrected as an taking measurements for the next floor. At which it could be a potential starting point for trading the coming quarter(s) , in wich it just might hold stong momentum , constructing a pretty base for "The 2K Gold pice. "
• " The 1917.00 Gold value. The first last floor (low) of the next step in the making , looking back at the beginning of this year , the market price was inspected and accepted as a propper floor to start construction of the next step , 2002. "
• " 1875.00 Gave the ceiling of the previous floor , seeming not stronged enough to mantain presure from above , that is why the
• 1807.00 is the market pice for Gold that is the wel constructed latest floor the market was trading on. Urged is at hand now for the 1800 price the task to stand tall and brave. In the same momentum the 1900 Gold market price should continiou to show its streghnt , willingnes and adoptation for the new the standard , 2K and up. "
As this analysis of the gold market, there are potential trading opportunities using swing trading and short period strategies. However, it is important to conduct thorough research and use proper risk management techniques when trading. As always, past performance is not indicative of future results. Aware of the risks associated with trading , and awerness of the risks associated with trading in the gold market is the note number 1.
Remember to always conduct your own research and use proper risk management techniques when trading. Good luck!
#XAUUSD-UPDATED CHAT 180+ PIPS Dear Traders, hope you are doing great, our last trade idea dropped 500+ pips price is forming reversal wave pattern indicating a strong bearish outlook ahead. The recent economic event indicates a large sell orders had have been entered from big firm like JPMorgan, which will also be a key data to look out for.
In our previous setup we had indicated a zone by marking selling pattern that it will drop from that point and price just did that.
So let's catch up:
-Keep noticing on price momentum and behaviour.
-Keep an extra eye on DXY .
-a PLUS EDGE would be to have AUD strength analysed
Previous key economic event:
-Following today's FED meeting; interest rates have been hiked by a quarter point signalling a low economic growth. The SVB crisis also influenced on FED decision. What we are looking with this setup is PRICE TO FALL as we have clear market sentiment backed by strong economic events.
Please like and share and FOLLOW FOR MORE
#XAUUSD-AN HIGHLY PROBABLE SELL ENTRY!!GOLD price declined as the ongoing banking crisis turmoil somewhat eased and indicies and other stocks started recovering the fall that they faced in last week. The recent data also indicates a weak DXY though what we are seeing here is, we expect price to drop and create a stable market structure to attract new investors. Upcoming weeks will be crucial due to one major reason if the data predicts higher inflation rate, then GOLD will be volatile and in that case more investors will eyeing.
GOOD LUCK AND TRADE SAFE
XAUUSD BULLISH CONTINUATION 26.03.23Reason for Bullish
Technical
1. Retest Support of 1960 and Make Futher Bullish Movement
2. Expecting Breakup in Ascending Triagle Pattern which Push Higher to 2074
Fundamendal
Dxy Clear Downtrend Continuation
Retesting 103 and Make Lower Which Moves towards Our pattern
Overall Possibel Outcomes
XAUUSD BUY @ 1960
SL 1930
TP 1 2000
TP 2 2074