Xauusd4h
#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.
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#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
#XAUUSD- MASSSIVE SELLING OPPORTUNITY 900+ PIPSDear 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-BUYERS GET READY FOR 1300+ PIPS!Dear Traders, in our previous trading setup, we had advised to sell at 4h ob and it exactly rejected as it was described. Our selling target has been hit and now we will be focusing on buying opportunity. In our bias we think price will continue the bullish trend and make higher high in next couple of months.
so what you all think about #XAUUSD future!!!
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XAUUSD-Possible Selling OpportunityDear Traders, hope you all are doing great, we have an great opportunity to sell XAUUSD where price is expected to filled up the liquidity voided area and 40% price action equilibrium. Further after today's fed news indicate a strong bullish dollar for the rest of the month. Which will gives an excellent opportunity to buy Gold at the discounted rate.
Who else agree?
Comment Down your views!!
#XAUUSD-A great area to go long!!! Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY ; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
Good LUCK happy trading!!
XAUUSD- SELL Dear Traders, hope you are all good, XAUUSD we had big impulse on this one due to ongoing banking crisis going on in the USA related to the SVB. Due to these fundamental reasons price showed an extreme bullish momentum. Right now we are looking at price to fill up the market structure and then we will se what will our next move be.
thank you and trade safe
Short XAUUSD!!!Gold has done well due last week, but due to technical considerations as mentioned below, it is good time to short gold with best risk/reward.
1. There is an obvious divergence between RSI and price chart.
2. There is a bermuda triangle in the ichimoku indicator that absorbs the price toward itself.
Then short gold from 1867_1870 with target of 1853, 1848, 1835.
Gold is brewing long-term sentiment, and the upward trend will c
Today's market conditions are in line with my expectations yesterday. At present, the daily line is still rising. After the big rise broke the Bollinger Band on Friday, the technology is still performing strongly.Therefore, before the non-farm payrolls data affect the short-term direction of gold, I think gold will continue to fluctuate upward.
For the intraday market, the 4-hour cycle of Bollinger bands opened on the upper track, and the support of the 5- and 10-day unilateral moving average is the standard strong point, mainly bullish.
Operationally, it still continues yesterday's thinking, focusing on long positions at low levels. You can consider long positions on the 1850 line, and the first target is expected to be on the 1860-1865 line.
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XAUUSD WEEKLY 05.03.23 BUY PROJECTION 05.03.23RFundamanetal & Technical Reason for XAUUUSD Buy
1. Dragon doji candle confirm the further Higher Movement
2. Breaked strong support & trend line @1830 with strong Bullish momentum
3. Falling wedge pattern Breakout Confirmation
4. Breakout the downtrend in 4h Channnel
5. DXY xlear obey teh string downtrend as well as d suppoert @ 105.3 and heading towards 101.3
Overall Possible outcomes
XAUUSD BUY @ 1840
SL 1804
TP 1920
TP2 1960
XAUUSD Gold Next MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Break of Structure
Completed " 12345 " Impulsive Wave and Corrective Wave " A - xyz "
Bullish Channel in Short Time Frame as a Corrective Pattern
Selling Divergence in Short Term and Buying Divergence in Long Term
Bearish Channel in Long Time Frame
Rising Wedge
Exp FIAT
How to operate after XAUUSD is shorted?
After breaking through 1820, gold formed a reversal and rose above 1840. Although the rise was quite strong, in the short term, there is still some distance to the resistance level of 1848. My bearish view remains unchanged as my funds are relatively sufficient and I can continue to add short positions at high levels.
If you have already taken a short position, it is best to tell me your entry position. If your funds are sufficient, you can also add short positions at high levels appropriately like me. If your funds are limited, do not add positions to avoid forced liquidation. As everyone's situation is different, it is best to leave me a message, and I will provide you with the most secure advice.
I will also update the latest operations in a timely manner for friends' reference. Thank you for your likes and attention. I am with you and only do the most authentic trading. I hope I can help you.
FOREXCOM:XAUUSD
Gold (XAUUSD) trading commentary on February 28, 2023Spot gold fell on Monday to $1,806.50/troy ounce, a new 2023 low. However, the US Dollar lost its positive momentum during European trading hours, helping XAU/USD bounce The current $1,819.00 price zone. The greenback's strength in the weekly open was the result of Friday's rally, the latter of which was triggered by higher-than-anticipated inflation figures.
The XAU/USD pair maintains modest gains on the day, although it has lower highs and lower lows compared to Friday, which maintains the bearish bias. Technical indicators in the daily chart lack directional strength but are in negative territory, in line with the mainstream downtrend. At the same time, the 20 Simple Moving Average (SMA) picked up bearish momentum above current levels, reflecting the strength of sellers. Finally, the 100 SMA has lost its bullish slope and is now hovering around $1791.20, providing dynamic support.
In the short term and according to the 4-hour chart, the risks are clearly tilted to the downside. XAU/USD has met with intraday sellers around the firmly bearish 20 SMA, while the longer moving averages are strongly southerly above it. At the same time, the Momentum indicator stands directionlessly just below its 100 line, but the Relative Strength Index (RSI) indicator has continued to decline, heading south at around 40.
Support level: 1,806.50 1,791.20 1,784.60
Resistances: 1,821.60 1,834.00 1,845.99
Trading recommendation:
Buy soup at the price range 1796 1797
Stop Loss: 1794
Take profit 1: 1806
Take profit 2:1810
Take profit 3: 1820
Canh sell at the price range 1825 1824
Stop loss 1827
Take profit 1: 1810
Take profit 2: 1807
Take profit 3: 1800
Note: Always set TP and SL in all trading cases
If you have any questions or support, please leave a comment
Gold trading strategy on February 25, 2023A key inflation gauge used by the Federal Reserve, known as the personal consumption expenditures index, rose 0.6% in January, faster than the 0.2% gain in December.
On a year-over-year basis, PCE rose to 5.4% in January from 5.3% in December. Core prices, excluding fuel and food, rose 0.6% and 4, respectively, 7% for the month and for the whole year.
Hotter-than-expected inflation could encourage the Fed to keep rates higher for longer. The market expects the central bank to raise interest rates by a quarter of a percent in March and again in May. The policy rate is expected to hit 5.36% by mid-summer and could sustain it. at a high level for the remainder of 2023.
Recommendations for trading after PCE
Support level: 1,800.30 1,797.45 1,782.90
Resistance levels: 1,834.00 1,845.99 1,860.00
Trading recommendation:
Buy soup at the price range 1809 - 1808
Stop Loss: 1803
Take profit 1: 1823
Take profit 2:1830
Take profit 3: 1835
Note: Always set TP and SL in all trading cases
XAUUSD 1H SELL PROJECTIONReason Behind teh XAUUSD/GOLD Fall
1. RSI 14 Below 50 which tends the bearish trend in 1H time frame
2. Stochastic oscillator is overbought and ready to move down which confirm teh fall again
3. Strongly breaked 1820 which is last week low which pushes lower to teh montly Low oof 1800
Over Possible Outcomes
XAUUSD SELL @ 1813.70
Sl 1920
tp 1800
GOLDEN MARKET COMMENTARY ANALYSIS - 2023 [February 27-03/3]This week, the international gold price has continuously decreased from 1,847 USD/oz to 1,809 USD/oz and closed at 1,811 USD/oz.
The two main factors that have weighed on gold prices this week are inflation and rising US government bond yields, amid expectations that the Fed will continue to raise interest rates strongly.
Notably, the minutes of the Fed's January meeting also revealed that some FOMC members are also leaning towards a 50 basis point increase in interest rates instead of a 25 basis point increase.
There are no important data for next week other than industrial goods orders and US PMI. Therefore, economic data will not have much impact on gold prices next week.
Technically, if gold price next week fails to hold the critical support at $1,800/oz, a drop to $1,787/oz (fibo50 on weekly chart) is possible, followed by $1,750/oz. (just hit the round resistance is also the fibo level 38.2 on the weekly chart).
Trading plan for next week, will consider buying around fibo50 resistance in Weekly chart, ie around 1788, selling around moving resistance according to h4 chart around 1830., accepting stop loss at 5 prices for each trading strategy. pandemic.
Trading recommendation:
Support level: 1,800.30 1,797.45 1,782.90
Resistance levels: 1,834.00 1,845.99 1,860.00
Trading recommendation:
Buy 1809 - 1808
Stop Loss: 1803
Take profit 1: 1823
Take profit 2:1830
Take profit 3: 1835
Sell 1827 - 1831
Stop loss: 1833
Take profit 1: 1823
Take profit 2:1820
Take profit 3: 1810
Note: Always set TP and SL in all trading cases