Xauusddaily
XAUUSD 22/09/2022Price currently ranging in between 1680.51 as its resistance & 1656.16 as its support. now if price respects the support & closes above the resistance, then it could continue to push up to the next zones at 1692.36 or all the way to 1707.02 to make a retest on the newly forming downtrendline. And if price respects the resistance & closes below the support the it could continue pushing down creating new lower low on a HTF.
XAUUSD 20/09/2022Price facing recent support at 1667.16 while retesting the uptrendline & also price facing resistance at 1679.46. so if price break & closes above the resistance while respecting the support & uptrendline then price might continue to come up to the next resistance at 1691.67.
However if price breaks out of the support, that would also be a breakout of the uptrend which could lead price to come all the down to retest the key level at 1659.55 or retest the previous week low at 1653.85
XAUUSD 19/09/2022So gold currently moving in a downtrend channel & also formed a small timeframe structure while facing recent resistance at 1671.26 & support at 1653.99. now if price respects the resistance & breaks out of the support at 1653.99 then price might continue to push down to retest the next HTF support at 1644. 40 while still moving in respect to the downtrend.
However if price breaks & closes above the resistance at 1671.26 then gold could breakout of the downtrend channel & might continue to push up to the next resistance zone 1679.89 again as a retracement.
XAUUSD 16/09/2022As you can see price moving in a downtrend channel & also formed a small timeframe structure while facing resistance at 1671.55 & support at 1653.46. now if price respects the resistance & breaks out of the support at 1653.46 then price might come continue to push down to retest the next HTF support at 1644.40 while still moving in respect to the downtrend.
However if price breaks & closes above the structure & resistance at 1671.55 then gold would breakout of the downtrend channel & might continue to push up to the next resistance zone 1681.22.
XAUUSD 15/09/2022Price retesting a major support zone on HTF at 1680.50 & also facing recent resistance at 1690.93 while moving in a downtrend. now if price respects the recent resistance and breaks & closes below the major support zone then gold could continue pushing down creating new lower low.
However if gold respects the support and makes a breakout of the resistance then price could continue pushing up to next resistance at 1697.82 or all the way to 1706.66 as a retracement move.
XAUUSD 14/09/2022Gold after the bearish engulfing move from yesterday, formed a bit of structure with a recent resistance at 1708.53 & support at 1696.67. now we are looking for trades on the breakout of the structure. so if price respects the recent resistance & makes a breakout of the support at 1696.67 then price continue pushing down to next major support zone at 1681.93. similarly if price respects the support and makes a break & close above the resistance on 30 min tf then price might continue pushing up to the next resistance at 1719.63.
XAUUSD 13/09/2022Price 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 breakout of the higher low with bearish move would invalid possible buy opportunity.
🤩 The golden boy is growing XAUUSD 🤑🤩 The golden boy is growing XAUUSD 🤑
The emergence of an ascending channel allows you to buy in the long run
❤️ If you find this helpful and want more FREE predictions on TradingView
. . . . . Please show your support
. . . . . . . . Click the 👍 LIKE button
. . . . . . . . . . . Leave your feedback below in the comments!
❤️ I use all my transactions in real trading in my account, my account has already reached Profitability:
1549.04%🙏!❤️
It's your turn!
Be sure to leave a comment and let us know how you see this opportunity and prediction.
XAUUSD 09/09/2022Price facing strong price rejection from the resistance level at 1726.90 & currently retesting a recent support at 1718.21. so if price continues to respect the resistance at 1726.90 & breaks below the recent support at 1718.21 then it could continue coming down to retest the next support at 1713.78 & retest the uptrendline as well.
XAUUSD 08/09/2022Price 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 opportunity would be invalid.
XAUUSD 06/09/2022Price while moving in a recent downtrendline, it formed a very recent resistance at 1710.13 while having a htf resistance at 1715.61. so as long as price continue to respect the current resistance at 1710.13 and makes a breakout of recent low then price might continue to push down to retest the next key level at 1693.68.
XAUUSD 05/09/2022price created a small structure with a small resistance at 1716.18 & support at 1705.86 from the start of this week while making a breakout of the downtrend channel.
now price if breaks out of the structure on the long or short side then it might move to the next support and resistance in the direction of the breakout which are, support at 1699.36 & resistance at 1723.37.
look out for fakeouts as well. wait for break & close & bos in 15 to 30 min tf to look for trades.
XAUUSD from 05/09/2022 to 09/09/2022Gold 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.
XAUUSD 02/09/2022Gold has a Recent resistance at 1712.14 from & Support at 1698.80. now if gold respects its resistance & breaks out of recent support at 1698.55 then price might move bearish in respect to the downtrendline to all the way retest 1681.15 key zone.
However if price breaks out of the recent high at 1714.86 then it would be a breakout of the downtrend & price might push to 1721.41 as a retracement.
XAUUSD 31/08/2022Gold if makes a breakout of the resistance at 1728.49 then it would be making a breakout of the downtrendline & that might lead gold to push towards 1735.90 or all the way to 1740.49 key zone.
And gold finds resistance at 1728.49 & makes a breakout of the previous low at 1709.25 then it might push to 1700.60 or all the way to 1685.06 key zone.
Gold XAUUSD Gold XAUUSD for the first time since April XAUUSD has formed a higher low and trying to break the resistance level of $1867, buyers are trying to take control and their power will be tested on the $1875 to $1877 level, breaking this level will lead Gold XAUUSD to test the level of $1900
Investors with long positions are advised to hold till the confirmation of the breakout then add to their positions .
Investors with short positions are advised to activate the stop-loss above the resistance level of $1875.
OANDA:XAUUSD TVC:DXY COMEX:GC1! COMEX:GC2!
XAUUSD | Good Buy Opportunity.When it comes to the technical analysis of XAUUSD , it is still in uptrend. Based on technical analysis, there aren't many resistance until 2041. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry on the chart; you may use it as an entry area. If price breaks that area, you next entry area should be from the previous demand zone.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
If you find this technical analysis useful, please like & share our ideas with the community.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
XAUUSD (GOLD) Weekly ForecastTechnical:
The near–term support is around $1940, violation below targets $1922/$1910/$1895/$1877/$1850/$1800. Significant reversal only below $1750.The yellow metal faces strong resistance of $1965, any breach above will take to the next level $1977/$2000/$2020.
It is good to sell on rallies around $1949-50 with SL around $1966 for TP of $1900.