XAUUSD Local Short!XAUUSD is trading in a
Downtrend below the falling
Resistance line and the gold
Is now retesting the line so
I will be expecting a local
Move down !
Xauusdsetup
Bears piled into gold ~2035, seeking move to 2000Bearish engulfing day saw it closed beneath $2020 - a level it has flirted with but mostly respected as S/R on a daily close basis. This level was also tested on the 1-hour chart - which means support became resistance.
A triple top formed on the 1-hour chart, and bears entered ~2035 to help it break below 2020, before volumes diminished. (Bears are short at the highs and may not want it to break back above the 2020 area - where a swing high formed on the 1-hour).
Daily low found support at the prior HVN (high volume node), so a bounce may be due.
We're ideally looking for a retracement towards / up to $2020 ahead of its next leg lower toward 2000 - 2005.
GOLD XAUUSD Trade IdeaLooking at GOLD XAUUSD on a 4H chart we can see a bearish break off structure with a series of lower lows and lower highs with the exception of a previous liquidity run. Given the trend I'm looking for a short opportunity with targets at the current price swing low and previous swing low as shown on the chart. This information is for educational purposes only and not to be considered financial counsel.
XAU BEARS ✔️ THEN BULL 📈 Just like I published some few hours ago, xau steeps down on a sell momentum and as a result, once fully in our POI we expect a bullish movement later in the week
XAUUSD BUY PROJECTION 21.01.24Reason Behind Bullish
1. Bullish Spinning Top - Single Candlestick
2. Tweezer Bottom - Double Candlestick
3. Three inside Up - Trible Candlestick
4. Bullish Flag Pattern
Overall Possible Outcomes
XAUUSD BUY @ 2025-30
SL 1995
TP 2045
TP2 2062
TP3 2080
TP4 2150
GOLD XAUUSD Trade IdeaGold has recently been trending down as we can see on the 4 hour time frame. If the USD continues its uptrend we could expect further downside with gold as depicted in the chart.
GOLD Best Place To Sell And Best Place To Buy ! To Get 500 Pips This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
xauusd SellHello traders as we can see Xauusd is in bearish trend if break 2015 then next support is 1995
if you are agree with my analysis please like for support
XAUUSD 11/01 Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " ABC " Corrective Waves and " 12 " and making " 3rd " Impulsive Waves. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line and Bearish Channel in Short Time Frame and Rejection from the Upper Trend Line.
XAUUSD BuyThis is my idea on XAUUSD. Expecting price to rise to 2045.92.
After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop.
What do you guys think?
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line and Daily Demand Zone. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave in a Corrective Pattern " Rising Wedge " in Short Time Frame
GOLD XAUUSD Technical Analysis and Trade IdeaGold: A Tale of Two Timeframes - Bullish Support vs. Bearish Resistance (Technical Analysis Breakdown)
This video takes a granular look at Gold's price action across both the daily and 4-hour timeframes.
- On the daily: We explore bullish momentum retracing towards a key support level, setting the stage for potential upward movement.
- On the 4-hour: We analyze the prevailing downtrend encountering resistance, raising questions about the immediate direction.
Throughout the video, we delve into:
- Navigating price action and market structure across different timeframes.
- Identifying trends and other crucial technical indicators.
- the interplay between support and resistance levels.
This analysis is for educational purposes only and does not constitute financial advice.
XAUUSD - DAILY PLAN 01/09: Follow Up TrendXAUUSD - DAILY PLAN 01/09:
- Gold prices fell sharply today under pressure from rising Treasury yields as expectations of interest rate cuts by the US Federal Reserve (Fed) are fading and investors await inflation data. US inflation this week to provide more clarity on the future interest rate path.
- A report released late last week showed the United States created more jobs in December than economists in a Reuters poll expected. That has raised some doubts about the possibility that the US Central Bank will start cutting interest rates in March.
- According to the CME FedWatch tool, the market currently forecasts a 69% chance that the Fed will cut interest rates at the Fed's policy meeting on March 19 and 20. The US is expected to release consumer price index data on Thursday.
📌Trading plan:
🔼 Buy Gold Entry: 2019 - 2017
Stop Loss: 2014
Take Profit: 2026 -2038 -2045
🔽 Sell Gold Entry: 2070 -2073
Stop Loss: 2075
Take Profit: 2064 - 2058 – 2045
XAUUSD:Go short first, then go long
In the new week, I hope you all continue to make great profits!
The current trend of gold is still biased towards the short side. On this basis, today's transaction can be short first and then long. The resistance will continue to focus on the vicinity of 2049-2058 and the support around 2023-2018.
XAUUSD Gold New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement. Rejecting from Daily Resistance Level from Fibonacci Level - 61.80%. Completed " 12345 " Impulsive Waves and " abc " Corrective Waves
XAUUSD Gold short ideaSo finally I am seeing what i wanted to see on the 4 hour. Nice pullback and we have an imbalance for price to fill and turn from.
I like the target 2015, would be nice if we see it this week but there is still a chance we see it early next week.
I am watching the 15 minute structure for entries.
XAUUSD 05/01Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line and Rising Wedge in Short Time Frame with the Breakout of Lower Trend Line and Retracement. Completed " 132 " Impulsive Waves in Short Time Frame. We have BOS and Divergence
XAUUSD:Initial jobless claims data analysis
Guys, there is important news and data today. During U.S. trading time, the market will be more volatile. Everyone should have good profits this week. Don’t be too greedy. If your account is relatively small, I recommend not to participate in the data market.
You can wait for the data to be released and look at the market conditions before deciding whether to participate in subsequent transactions. Of course, this is just a suggestion. If you want to trade, please strictly manage risks!
Judging from the current shape of the market, there should be a pullback before the data is released, and I think today’s data is more likely to be bullish for gold.
Therefore, if the market is as expected and falls before the data is released, you can start to go long. If not, it is best to go short in batches after the data is released, so that the probability of being trapped is smaller.
Good luck, everyone!
XAUUSD Gold 04/01Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves. Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. Completed Impulse and Correction at Fibonacci Level - 61.80%
Gold Price Forecast: XAU/USD Rises as Traders Reverse Course Gold faced a significant setback on Wednesday after breaking through the technical support range of $2,050-$2,045. Should gold linger below this threshold, sellers might gather momentum to drive prices towards the 50-day simple moving average around $2,010. Further weakness could pivot towards $1,990, followed by $1,975.
In a scenario where sentiment favors buyers and XAU/USD initiates an upward trend, resistance will emerge around $2,045-$2,050. Surpassing this hurdle may pose a challenge for the bulls, but a successful breakthrough could pave the way for retesting the late December highs. Further strength could redirect focus towards the near all-time high around $2,150.
Gold's recent movement indicates a delicate balance between buyer and seller sentiments, with key levels playing pivotal roles in determining the next directional move. Crossing resistance barriers will be crucial for renewed bullish momentum, while sustained weakness could reinforce the downward trend.
XAUUSD/GOLD: 700 PIPS Selling Opportunity! Dear Traders,
As we had explained in our previous analysis on XAUUSD, we had explained that price will reach $2090 and price just did exactly that, after touching $2088 price dropped and reversed and fell heavily.
As the NFP is next week we will see some major movement on Gold and in our bias is bearish as price needs to feel some of the major area.
XAUUSD Gold New Year movePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. Completed " 12345 " Impulsive Wave and " AB " Corrective Waves. Strong Divergence in RSI
XAUUSD: Go long first, then go short
Gold has now returned to the 2066-2071 range again, with resistance at 2072-2079. The trade is long and then short. There is a high probability that today it will test 2063-2057. If there is news to match, it may drop to a lower position.
Once again, I emphasize that during the transaction process, you must first ensure the safety of the account, especially the small capital account. Do not trade a large amount at one time. We can only talk about profits when the account safety is guaranteed, so that we can survive in the market for a long time.
good luck!
