Price retesting the previous high at 1733.80 almost making a breakout of a major resistance at 1728.46 after creating a new higher low & new support at 1720.63. so if gold continues to respect the new support & makes a breakout of the previous high at 1733.80 then it might continue to push up to the next resistance at 1745.47 or all the way to 1759.83. However a...
Price retesting the resistance at 1726.45 while facing support at 1719.23 & 1714.71. so if price continues to respect 1714.59 as its support & makes a break & close above 1726.45 on 30 min tf then price might continue to go up all the way to retest the next resistance at 1745.47. However if price breaks out of the support at 1714.59, than the long trade...
Gold has a recent resistance at 1725.62 & support at 1681.15. price if breaks out of that resistance, then it could push upto 1745.11 or 1764.42 as a retest on the downtrendline. However, if price breaks & closes below support at 1681.15 then price might continue to push down in respect to the downtrendline creating new lower low on a higher timeframe.
1. Price could come retest 1897.09 if breaks above the high of 1869.00. 2. Or Price could come retest the low at 1897.09 if breaks below the support at 1832.90.
Hey traders, in the coming week we are monitoring XAUUSD for a buying opportunity around 1896 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
28 January 20222 XAUUSD GOLD H4 time frame chart Technical Analysis
#XAUUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
#XAUUSD Hello trader, I hope are good and safe. Today I opened the chart of #XAUUSD for 15 Min and analyzed it then I see that this chart has made a UP Trend, So I hope market going up side.! Now Nice opportunity for long.! If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
👉🏻 Swing trade. With the FED hiking interest rates, we could possibly see some money flow from risky assets into gold.
Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze XAU/USD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
In the H4 chart, gold is still in an uptrend. Next Thursday, the USA will publish its quarterly advanced GDP report. Unfortunately, the report forecasted slower than the last report. Usually, October was not a good month for gold for many years, and we have been watching it. But this year, it didn't happen. So, if this and next month gold's price doesn't drop,...
GOLD Long Setup Continuation trade: 👉🏻 Following last week's setup, price did plunge to the 50.0%-61.8% region, still on a bull bias. $1760 remains as the critical zone.
GOLD Short Setup Continuation trade: 👉🏻 Mentioned last week that 1795 can be an area to enter long, but Friday's break below 1791 could mean otherwise. With the possible gains mentioned in DXY, we could see a selloff to at least 1760 area which is also the 50% retracement level. 1690 area marks is the yearly lows, doubt it will reach close to that, yet breaking it.
GOLD Continuation trade: 👉🏻 Price tagged the major resistance of 1830 again for the 4th time. A possible triangle has formed, and this usually indicates a Wave-4, hence we could see some corrective move to the downside this week. 1793 could be an interesting to go long again from.
GOLD Long Setup Continuation trade: 👉🏻 How many traders got trapped last week 😂 Not gonna explain twice, kindly refer to my previous messages
GOLD Continuation trade: 👉🏻 Pretty much sideways movement last week, but weekly candle was closed bullish. Lower timeframe is forming a descending flag corrective movement. 1791-1794 still acts as major resistance. Chart below are fib levels for pullbacks Wave Count
GOLD Long Setup Continuation trade: 👉🏻 Critical candle formed on the weekly chart. Monday's selloff have left price breaking below the weekly trendline and tagged the yearly lows of $1680, but bounced back off the 61.8% again to close the week with a ~1% gain. A long position may be considered IF pullbacks occur to $1760 level. Potential Elliot Wave Count
GOLD Short Setup Continuation trade: 👉🏻 With the recent dump due to NFP, price could be forming a huge WXY correction, with a 3-5-3 move. An extension of ABC in the Wave-Y is possible. 📰 Investors are also keeping an eye on Wednesday's CPI data. Zones