Xauusdtechnicalanalysis
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down.
The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. RETAIL SALES, NFP and PMI DATA, CPI DATA should be monitored.
But the last day all those ECONOMIC INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF.
We have some very important NEWS coming to USD this week. Be sure to keep an eye on it.
Anyway, we expect GOLD to go UP to 1915 LEVEL. Before that, GOLD may go down to the 1830 level with the FOMC UPDATE. Be careful..
XAUUSD - GOLD CURRENT SITUATION - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet.
- By now, GOLD must go to 1675 LEVEL. After that, at 1832, the PRICE must go up, definitely a STRUCTURE BREAK
If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS.
- Currently, US 10Y is slightly UP. Also, DXY is going up a bit. For this reason, GOLD is going down now.
XAUUSD - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument.
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments respectful.
Thanks for your support....
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 2.84% LEVEL. Like we said before, it was a little CORRECTION just like we thought. So far, we have seen the POSITIVE SENTIMENT for USD being similarly very POSITIVE for DXY.
The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. DXY is getting a bit down but now it's getting a bit UP up with the MARKET RISK OFF. Also, when we look at DXY, it has moved to DXY 101.68 LEVEL.
- GOLD PRICE is currently moving above DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. So currently UP can be before SELL.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a NEUTRAL BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD can definitely be DOWN in the future. Also JPY CHF can be UP.
- GOLD PRICE can be UP again before DOWN until 1918 LEVEL. So GOLD is more likely to go back to the 1918 LEVEL. Then you can definitely DOWN GOLD price up to 1783 LEVEL. If the TREND LINE is BREAK, you can go up to GOLD 1765 LEVEL DXY or US10Y if there is a UP TREND again.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 2.92% LEVEL. Like we said before, it was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past.
The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. DXY is currently down a bit with the MARKET RISK ON. Also, when we look at DXY, we have moved to DXY 103.814 LEVEL.
- GOLD PRICE is currently moving below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but another WAVE can be DOWN under the influence of DOLLAR. So currently GOLD can be SELL before UP.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1798 LEVEL. After that you can definitely go up to GOLD price 1918 LEVEL. If the RESISTANCE LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- As mentioned earlier, a very important event took place at the FOMC MEETING yesterday. The US Federal Reserve has increased their rates by 50bps. Before that there was some talk among the traders about it. So after raising their rates, the US dollar weakened. This is because the USD has been BUY in the past due to the sentiment of traders on the rates they are raising. Other economic indicator data released yesterday also remained weak. UNEMPLOYMENT CLAIMS DATA is due to be released for the US dollar today.
- US10Y is currently down to 2.97% LEVEL. It was a CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. Now DXY seems to be a bit CORRECTION after FOMC. We look forward to hearing from you. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Also when we look at DXY it has moved up to DXY 102.885 LEVEL.
- GOLD PRICE is currently moving above DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS. But currently GOLD can be SELL before UP.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. But American STOCKS are going down a bit. And VOLATILITY is DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON BIAS on the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1876 LEVEL. After that you can definitely go up to GOLD price 1966 LEVEL.
If the RESISTANCE LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- There are some very sharp economic data to be released this week for the US dollar. Today, especially GDP DATA is due to be released. So be careful when you trade NEWYORK. ADVANCED GDP INDEX, UNEMPLOYMENT CLAIMS DATA will also be released today.
- US10Y is currently at 2.76% LEVEL .. Now US10Y is DOWN. Currently, the POSITIVE SENTIMENT for USD is similarly the most POSITIVE for DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Also, when we look at the DXY, the DXY 102.51 LEVEL is further up.
- GOLD PRICE is below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS.
- Currently the SENTIMENT of the OVERALL MARKET is moving towards the RISK ON side. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- GOLD PRICE can be UP again before DOWN. So GOLD can definitely go back to the 1909 LEVEL. Then you can definitely DOWN GOLD price up to 1875l 6 LEVEL.
If the TREND LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - HOW DOES GOLD REACT USD HIGH IMPACT NEWS?- There are two special indicators that affect GOLD today. Among them are ADP NON FARM EMPLOYMENT CHANGE, FINAL GDP special.
- Meanwhile, a FOMC MEMBER is scheduled to speak today at the New York SESSION.
- US10Y currently stands at 2.30% LEVEL. US10Y WEAK a bit after JOLTS DATA yesterday. But that data came in at a very good level. But USD10Y LONG TERM is going to be UP if this MARKET CONDITION is SUPPORT to USD. Also DXY has been up to 98.17 LEVEL. The GOLD PRICE is slightly lower than the DYNAMIC S / R LEVELS at this time. Most likely the GOLD PRICE will be UP in the future.
- SHORT TERM is for UP SIDE. But as the war recedes and the US Federal Reserve begins to raise rates, demand for the USD is likely to increase in the future. Therefore, GOLD may be DOWN LONG TERM in the near future.
- Currently the OVERALL MARKET is RISK OFF. Also STOKES are turning slightly red. VIX is getting a bit DOWN. Also COMMODITIES show a slightly UP SIDE BIAS. Currently there is a NEUTRAL BIAS on the market side.
- GOLD PRICE can RETRACE from DYNAMIC LEVELS. It's very important to us. Maybe after reaching the dynamic level the price can be hugely VOLATILE with the economic data coming up today.
- The chance of creating a TRIPLE BOTTOM opportunity again before the GOLD PRICE is UP is very high. So GOLD can go back to 1895 LEVEL. After that you can UP to at least 1966 LEVEL. However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
Gold ON a SELLIt's another fall SETUP for GOLD
Well this time it will move more down 1715, but before that it should touch resistance of 1772 and 1775. It will be good to place order blow 1770.
Price shouldn't go above 1782, this will change the flow.
Look at 4H chart and see for strong chandle that make sense.
Our target is 1715 and 1668.
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XAUUSD - GOLD Next Target 1717 AlertSince I have shared all about GOLD. It's main trend is down and still moving down, so you have to just follow a simple logic that price will go up and fall back, just see candlestick where it's forming a strong signal towards down just pull your trade.
Still there is no such mark of uptrend in news or anywhere. I think it will take inverse in next month or November as per FED action.
Here there are 2 possibility, it can move to resistance 1752 then reverse or just hit bottom trend line and come back. Trade wisely!
So let's make it possible and take gold to 1700 and still below. Good luck
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XAUUSD analysis (15min)closer look at the potential beginning of a deep retracement... (1590)
recent impulse to the upside only leaves me wondering.. relief?
over bought market - exhausted - beginning of retracement
recent levels indicated - with confirmation we will look at 1610 zone as first deep run
anticipate - cheers - execute
cheers.