Xauusdlongterm
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.
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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.
XAUUSD 1W big picture view3 horizontal levels marked on chart
- 1555 weekly support/resistance relevant for the last 10 years as seen on chart
- 1790-1800 weekly support/resistance relevant for the last 10 years as seen on chart
- 1920 highest level of all time, target price for now if we close a weekly candle above 1790-1800 resistance.
Also, triangle pattern between June 13-June 19 - breakout UP June 19.
The breakout above the triangle is what started the huge $500 rally so far.
At the moment we are very close to testing the 1790-1800 support/resistance - weekly close above 1790-1800 will target a swift movement towards 1920.
A drop below 1790-1800 will target 1680 support in the short-mid term and may even test as low as 1555 weekly support/resistance. Would be an identical move to what we've seen 2011.
On the fundamental point of view, Gold is a safe haven.
Right now there is a lot of uncertainty - which will push Gold.
There is also the option of Gold price dropping together with the equity markets (stocks) - as there will be a ton of margin calls and therefor people will be selling Gold to cover for margin calls. But it's a very temporary situation where Gold will for sure recover back up following (as seen march 2020).
Long story short,
Gold is very close to a critical level, meaning - big movement up coming or big movement down, depending on behavior around 1800.
NFP on Thursday will likely be the necessary trigger for the movement.
On a personal note - good chance for breaking 1800.
XAUUSD [GOLD] POTENTIAL FALL As you can see in the chart there is a TRIANGLE FORMATION on gold at the 1D timeframe. It suggests that its VALUE COULD DROP in the coming days. So keep an eye out
Bear in mind that this IS NOT a financial advice, rather an expert analysis. If you find it helpful, please give a review and comment. Happy trading guys !!
WILL GOLD HIT 3000 ?As we can see on weekly timeframe xauusd making Cup&Handle Pattern
an also if we breakdown to lower timeframe especially on Daily timeframe he just making descending channel
which mean he would continuation bullish as soon as possible
We just waiting for clear flag on timeframe 1H-4H to execute long
However this plan can be false if xauusd making new pattern
share your idea below
thankyou friends
Long term technical outlook for GOLD $$As the year end draws close, we thought we would post an overall long term outlook for gold and some long term levels on the monthly chart.
1777 has held well as support on the monthly chart with two Goldturns created on this level. We are expecting gold to move towards 1868 Goldturn and then towards 1976. Once this level or range is tested we are expecting some correction to low 1600s before resuming back into the trend to go and create a new all time high at 2200 projected axis level. Remember we called it!!!
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GoldViewFX
XAUUSD TOP AUTHOR