XAUUSD FLY TO THE MOON UPDATEAs we can see
Gold has made Higher High and Higher Low consistently
and also he respected Golden area fibo 0.618
i expected gold stil running as my forecast
now im gain 600 Pips since my previous forecast uploaded
so guys , if you want to execute gold currently don't forget to waiting for bullish flag
However gold could FAIL to Bullish if he can't break the near resistance as well
thankyou
if you have some idea
please comment below !
Xauusdlongterm
XAUUSD Cup and Handle Detailed Hello Fellow Traders, Here is a Full Analysis on XAUUSD.
This is merely An observation, Let me know what you guys think Below in the comments :)
I have linked my GROWTH XAUUSD Chart Below for your Reference!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
XAUUSD Long Term View
TECHNICAL :
My simple point of view for XAUUSD.
im personally assume that XAUUSD in D1 and Weekly timeframe are creating Bullish Flag.
Since the price are retraced at point 50.0 Fibonacci Retracement, and doesn't cross the bottom trendline, Price go Up again.
While price Going up again and again, prices break the TOP Trendline ( Flag Trendline )
So i put that broken trendline as a buyerzone.
My personal target price was at -27 Fibonacci points as TP 1, and -61.8 as TP 2.
Stoploss are inside the flag pattern at area 1850, it broke another trendline inside Flag Pattern Channel.
so when prices go down below 1850, i will switch to sell scheme.
FUNDAMENTAL :
By Democrats winning the Presidential Election, and Senate Election last day in georgia AT.
The DEMOCRATS Economy orientation is :
- STIMULUS CHECKS
- INTEREST RATES ARE UP
- TAXES GO HIGHER
" Why this fundamental so mean for XAUUSD/Gold Prices ?"
My simple stupid logic is
BIDEN are the president of America for 4 years ahead. so this is possible if the ecnomy are not fully recovered, or consiprationaly economy are back to reopen and COVID-19 Drama gone after GOLD reaching NEW ALL TIME HIGH.
XAU/USD: my analysis until 2020 ends (LONG biased) Hi !
⁂ BUY zone: $1820-$1900
↳ the rest of the analysis summary, shows at the chart
feel free and welcome to comment and post your own idea and forecast.
Remember: this is a positional trade and I may share opposite trades during the coming weeks. this is my core INVESTMENT approach and less frequent trading orientated.
good luck !
XAUUSD, REACHING THE LIMIT?**ENG**
- Gold is almost reaching our all time high, however, we are expecting some kind of reversal from the 1900 level.
- This view is at the weekly timeframe but we would be looking for entries at the lower timeframes, such as 2H/4H.
- Huge potential reward from this pair, just be extra careful when placing entries.
**PT**
- Gold está de momento preste a atingir o nosso alto mais alto de todos os tempos (+/- 1911), no entanto nós gostaríamos de ver uma retração agressiva do preço na zona dos 1900.
- Esta visão está no período temporal semanal, onde conseguimos ver o que sobrecomprado se encontra o preço, apesar de estarmos em semanal, nós iremos procurar entradas em períodos temporais inferiores como 2H e 4H.
- Enorme potencial de retorno, sê apenas extra-cauteloso ao abrir uma posição, aguardar pela melhor confirmação possível.
GOLD MONTHLY CHART LONG GOLD WILL CONTINUE PUSHING UP TO 1786 AND THEN WILL SEE A DROP TO 1550-1590 AND WE SEE A MASSIVE PUSH TO THE UPSIDE.IF YOU WANT TO TAKE A LONG TERM LONG BUY POSITION YOU HAVE TIO WAIT UNTIL GOLD REACHES THE POINT 1 IN MY ELLIOTWAVE ANALYSIS. HOPE I HELPED YOU DEVELOP YOUR LONG TERM VISION ON GOLD . SEE YOU SOON GUYS