Xauusdlongterm
Watch Gold Trading Orders Levels CautiouslyAs astute traders, we must always look for strategic entry and exit points. In this regard, I would like to draw your attention to the resistance levels set at Fibonacci retracement levels of 38.2%, 50%, and 61.8%. These levels have historically demonstrated their significance in the gold market, often acting as crucial turning points for price movements.
Now, you may be wondering, what does this mean for you? Well, it means that by cautiously watching gold trading orders levels, you can position yourself advantageously to capitalize on potential price fluctuations. By being vigilant and analyzing the market's behavior at these Fibonacci levels, you can make informed decisions that align with your trading strategy.
Remember, success in trading requires a balance between risk and reward. While the gold market may present enticing opportunities, exercising caution and diligently monitoring your trades is crucial. Keep a watchful eye on the market, study the price action, and consider employing appropriate risk management strategies to safeguard your investments.
In conclusion, the gold market is currently displaying encouraging signs, with the price maintaining its position over the EMA 50, 100, and 200. The resistance levels set at Fibonacci retracement levels of 38.2%, 50%, and 61.8% offer potential turning points that can be leveraged to your advantage. I encourage you to seize this opportunity but always remember to trade responsibly and cautiously.
SHORT - XAUUSD (D) (30 May 2023)Position Trade - XAUUSD
The Monthly Chart shows that there are SHORT opportunities as it is the only 2nd test of the HTF zone
For a cleaner look of the MN Chart,
In the Weekly chart,
- There is little probability that the price will correct itself before coming down from the WK zone as the trade is already playing out.
In the Daily chart,
- Due to strong price going down, there is little probability that price will retrace back to the D1 zone for another sell in near future.
- Hence, we can expect another zone to be formed for a quality sell if price goes back to the zone
In the H4 chart,
- for smaller risks, wait for price to break a H4 demand zone before placing SHORT trade/s
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway, we expect that GOLD will go UP to 2033 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
Gold Breakdown Analysis 12/04/2023Dear traders gold respected last setup and we should be careful for tomorrow we have cpi and fed so don’t risk to much i expect gold if he breaks above 2006 you should look for buy wait for price action and if he reject zone 2015 and price close below you should look for sell. Trade safe and see you soon
Good luck
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- IDEA THAT WE MUST TAKE!Hey Everyone, due to strong bullish momentum on DXY we have another highly probable buying area to consider taking. We are expecting a slow down on bullish momentum on DXY next week and that is why it is likelihood for this setup to work .
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What to Do When Shorting BTCUSDT is Trapped?
As expected, due to the increasing risk aversion sentiment, BTCUSDT has continued to rise and has reached my second target of 27K, and the next target will be to push towards 30K.
As previously emphasized, when the main force begins to push up, they will not provide very good entry opportunities, so any dip is an opportunity to follow the long position. 25K will be a short-term bottom. If you have friends who are shorting Bitcoin, I personally suggest closing the short position if the market has the opportunity to fall near 25K, and follow the trend to go long. If you have a lot of trapped funds at the moment, you can leave me a message and I will provide you with the most accurate solution.
Similarly, if you missed my first layout at 23K, and second layout at 27K, do not miss the next layout at 30K. I will continue to update my personal operations, so please stay tuned, and hope you all can be winners!
XAUUSD : WEEKLY TRADE PLAN UPDATEHi all
In the daily timeframe , gold has now broken through the previous low of 1861.430 and is descending to the next support area . I expect a daily breakout, followed by a pullback to complete the weekly structure. LH
My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills.
Like, subscribe, and happy trading to everyone!
XAU NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Down Trend in Red (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
XAU/USD "GOLD" LONG TERM VIEWI am bullish on gold for the long-term based on both technical and fundamental analysis. From a technical perspective, gold has been forming a strong upward trend and has recently broken through key resistance levels, indicating a potential continuation of this trend. From a fundamental perspective, gold is considered a safe haven asset, and with ongoing geopolitical tensions and uncertainty surrounding the global economy, I believe that demand for gold will continue to be strong. Additionally, gold has been traditionally been viewed as a hedge against inflation and currency devaluation. Overall, I believe that gold is a strong buy at current levels and traders should consider adding it to their portfolios for long-term growth potential.
Please do your own research and consult with a financial advisor before making any investment decisions.
XAUUSD Chop zoneAtm im waiting for the daily close either below or above 1803 above under is sells over is calls if this next 4 hour comes down to 1800 i will go in with small buy and wait to see if the daily closes above but at the moment we have a daily consolidation candle
If it does decide to rip up the 1814 will be another buy zone for me but I want 1803
XAUUSD - 1D - LONGTREND ANALYSIS - 1D
A cross trend is retested!
After this retesting, a double bottom pattern is quite clear:
- Entry: 1717
- TP: 1867 (or 186x)
- SL: 1685 (or 168x)
TREND ANALYSIS - 1W
EMA 200 is a big support! Downing price came to 1689 then be stopped. As I talked above, double bottom is visible now. This is more evidence for above position.
BASIC ANALYSIS
Wars: Russia and Ukraina, China and Taiwan (potential risk in the future).
Europe: they are stucked in oil/gas.
Economic depression is coming.
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This is long trading, so you guys need to consider your position/budget.