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Xauusdforecast

XAUUSD (Gold) Technical Analysis and Trade Idea See my previous post (video) for a full explanation). #XAUUSD GOLD has exhibited recent bullish momentum.On the 1D timeframe, price action demonstrates a pullback approaching a key resistance zone. Further upside appears likely early in the week, with potential for Gold to advance into nested distribution levels across the 4H & 1D timeframes offering a potential sell opportunity. This analysis reflects my individual market assessment for informational purposes. It does not constitute explicit financial advice. Independent research and comprehensive risk management are crucial before executing any trades.
OANDA:XAUUSDShort
by fxtraderanthony
XAUUSD GOLD Technical Analysis and Trade IdeaXAUUSD (Gold) Technical Analysis and Trade Idea Technical Outlook: - Gold has exhibited recent bullish momentum. - On the daily (1D) timeframe, price action demonstrates a pullback approaching a key resistance zone. - Further upside appears likely early in the week, with potential for Gold to advance into nested distribution levels across the 4-hour (4H) and daily (1D) timeframes. Trade Suggestion: - Monitor for continued bullish movement early in the week. - Anticipate a potential price rotation later in the week, presenting a possible sell opportunity. - Targets: Observe price behavior within the distribution levels for specific entry and exit points. - Stop-Loss: Employ strategic stop-loss placement above the 1D bearish order block to mitigate risk. Important Disclaimer: This analysis reflects my individual market assessment for informational purposes. It does not constitute explicit financial advice. Independent research and comprehensive risk management are crucial before executing any trades.
OANDA:XAUUSD
by fxtraderanthony
XAU/USD Shorts from 2020.000 back down Last week, my gold analysis unfolded as expected, with both scenario (A) and scenario (B) playing out as anticipated. This week, we witnessed a robust response from the daily demand zone, which held significant bullish sentiment. However, with the market shifting and structures breaking, it appears that a downtrend is beginning. I'm eyeing the nearby 6-hour supply zone for potential selling opportunities as price approaches. Once there, I'll be looking to initiate sells, aiming to push price down towards a demand zone where I can consider buying back up. I anticipate that this demand zone will hold, and any reactions we observe from the supply zone will likely be temporary retracements. Confluences for GOLD Sells are as follows: - Price has changed character to the downside and broke structure on the higher time frame. - Left a clean 6hr supply zone which caused the BOS to the downside. - Lots of liquidity still left to the downside as well as a 6hr demand it can mitigate. - After gold sweeping ATH's in December it might be enough (LIQ) to begin this downtrend. - Imbalance below that needs to get filled once that happens we can expect a bearish reaction. P.S. It's crucial to remain adaptable, prepared for various scenarios to unfold. I also foresee the possibility of price surging upwards to fill the liquidity above the 6-hour supply zone, given the successful reaction we've seen from the daily demand thus far. Have a great trading week ahead, The bank holiday for USD is on Monday just so you know!
OANDA:XAUUSDShort
by Hassan_fx
XAU/USD | New perspective | follow-up detailsAmidst the revision of the Consumer Price Index (CPI) numbers to accommodate new seasonal adjustment factors, the XAU/USD faced bearish pressure, culminating in a 0.50% dip, closing the week around the $2,025 area. This development has heightened focus on the upcoming Consumer Price Index (CPI) figures from January, as market participants seek insights for potential Federal Reserve (Fed) decisions. Market participants are closely monitoring the Fed's actions, particularly as the soft CPI revisions appear to have provided some respite for officials contemplating rate adjustments. However, the strong Q1 growth predictions in the US market and escalating wage pressures within a tight job market suggest potential delays in rate cuts. Currently, the market sentiment indicates a shift from anticipating a cut in March to potentially expecting one in May. The forthcoming inflation reading will play a pivotal role in determining the timing of the easing cycle. Should the data support a delay in rate cuts, it could lead to further downside for the price of Gold. In this video, we delve into the current market conditions from a technical standpoint, providing insights into understanding and interpreting these developments. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviors, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,025 zone, characterized by historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, a breach below the $2,025 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
2
XAU/USD 16 Feb 2024 Intraday AnalysisH4 Analysis: Analysis/expectation remains the same as yesterday (15/02/2024) -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation is for price to continue bullish and react at H4 POI or 50% EQ. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ. Price has printed a bullish iBOS indicating H4 bullish pullback has initiated. Current intraday expectation remains the same as yesterday (15/02/2024) for price to continue bullish and react at nested H4 and M15 POI's. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 14 Feb 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. As per previous analysis price did target weak internal low. Internal structure remains bearish. Price has printed a further bearish iBOS. Expectation is for price to react at a POI, which price currently is reacting to Daily and H4 nested demand levels. Bullish CHoCH, indicated by vertical dotted line will be first structural indication, but not confirmation, that pullback is underway. Expectation is for price to print bullish pullback and react at H4 POI. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. -> Sub-Internal: Bearish. -> Has reached EQ. Price has printed a bearish iBOS, as per previous analysis, price did target weak internal low where we are now seeing a bullish reaction to nested Daily and H4 POI's. Intraday expectation of previous analysis was for price to target weak internal low at 2001.895, therefore, expectation was reached. Current intraday expectation is for price to print bullish iBOS to confirm pullback following H4 and M15 bearish iBOS is underway. M15 Chart:
OANDA:XAUUSD
by Khan_YIK