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Xauusdsetup

Gold: Tuesday Trading Plan 25/04Gold price opens today positively to breach 1992.20 and settles above it, to hint stopping the bearish correction, but we notice that the EMA50 forms good resistance against the price to stop the positive trades, while stochastic loses its positive momentum clearly to show overbought signals Therefore, we believe that the chances valid to resume the bearish bias but before that price needs to break 1977 again to confirm heading towards 1965 & 1956 as a next correctional target, taking into consideration that consolidating above 1977 will stop the negative scenario and lead the price to regain the main bullish trend again and will head towards 1987 & 1995 with extension of 2003 Best of luck
FX:XAUUSDShort
by AdilHussain731333
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..
OANDA:XAUUSD
by benny_marshall
XAUUSD Weekly Supply ZoneIn March 2022 Gold peaked to 2068 level which was due to the news of Russia and Ukraine War, but it could not hold the price and then crashed all the way to 1684 zone within few months. Now again the opportunity has come where Gold prices are at peak and everyone is in Fear of missing Out, whereas smart money will try to grab some liquidity from the top and then the prices will land, we might see a sharp wick till the 2070 level or even some more to trap before we land the the ground. Keep an eye on this opportunity.
OANDA:XAUUSDShort
by AmitTrades
#XAUUSD-TARGETING 2060-2070 REGION!Dear Traders, NFP is tomorrow!!! therefore what we are looking at the GOLD right now, price showed selling pressure whole day today which express we may come down to 1970 when the data comes out tomorrow. The strong bullish momentum will continue as investors are heavily invested on gold and as we also expect FED to release their decision on interest rates. The possible scenario in here is price may not come entirely to our territory but it should at least comes down to 1980. It will also be interesting how DXY will be behaving until tomorrow's nfp. -GOLD remain so volatile most of the time, in order for you to stay profitable you must use accurate risk management all the time. Stop loss should not be more than 40+ pips while taking entries on XAUUSD. -Keep an eye out and trade safe.
OANDA:XAUUSDLong
by Setupsfx_
31