XAUUSD BullishI am bullish on GOLD. I did an analysis on DXY (Dollar Currency Index) and I found that DXY has little bit more strength then it may fall back and GOLD will rise.
Xauusdtrade
XAUUSD BullishI am looking buying opportunity on GOLD in upcoming week. As per my analysis on Dollar Index, I found that DXY has gap in the bottom. So, later or soon, DXY will fall to fill its gap and if this will happened, then obviously GOLD will rise.
XAUUSD: Gold continues the short trend
After the release of the data, gold volatility is not large, the current trend of the US dollar index has encountered resistance to rebound upward, we then short gold near 2023!
XAUUSD TO 2045 AND THEN GO DOWN the price movement of FOREXCOM:XAUUSD requires a comprehensive understanding of various factors that influence the market. While it is challenging to predict future price movements with absolute certainty, we can analyze historical data and market trends to provide some insights.
On a Monday, the price of XAUUSD may experience some volatility due to the market's reaction to the weekend news and events. However, it is important to note that the price range of 25-35 is relatively narrow for , and it is unlikely to stay within this range for an extended period.
As for the upward movement, gold is often considered a safe-haven asset during times of economic uncertainty or market turbulence. If there are significant global events or economic indicators that trigger such conditions, it could lead to an increase in demand for gold, potentially driving the price of FOREXCOM:XAUUSD higher.
However, predicting the exact price level of 2045 for XAUUSD is challenging without considering the timeframe. It is crucial to analyze the market conditions, technical indicators, and investor sentiment to determine the likelihood of the price reaching this level.
Additionally, the mention of a support line suggests the use of technical analysis. Technical indicators such as trendlines, moving averages, and support/resistance levels can provide valuable insights into potential price movements. It is advisable to consult with a professional trader or utilize technical analysis tools to identify and confirm the support line.
In conclusion, while it is difficult to provide a definitive answer regarding the price movement of XAUUSD , analyzing historical data, market trends, and technical indicators can help form a more informed perspective. It is essential to consider multiple factors and consult with experts before making any trading decisions.
Clear bullish gold moves for this week incomingI have published my ideas for a bullish uptrend for XAUUSD this week
1. Chart shows a clear uptrend and certain support zones have been respected
2. Overall outlook looks bullish and this trade is in my eyeliner for this week
3. Three clear Tp's to work from and if we break TP3 I see a clear run to the 2080 area again
4. Will keep an eye on international scenarios & news to see if anything plans into our bias
Good luck all and I hope the charts are kind to you this week
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.
XAUUSD Local Short From Resistance!XAU-USD is going up but
Will soon retest a strong
Horizontal resistance of 2067
From where I will be expecting
A local bearish correction!
Xauusd trend analysis for next week
I think it's hard to predict gold prices next week. However, I propose the following two scenarios for gold prices:
Analyzing the H4 timeframe, I found:
Important key levels for next week are: 2035-2039 (bold areas)
1/ If this Keyleve area still holds the price, I think the price of gold will continue to rise and will rise to the starting point of the last wave of downtrend, which is this area: 2076-2079 (white arrow)
2/If this Keyleve area is broken, the gold price may fall to the starting point of the previous wave of rise, that is, this area: 2016-2019.
There will be very important CPI news next Thursday, which may determine the trend of gold prices. I will update every working day with any in-depth analysis.
Last week I almost perfectly judged the trend of gold and gave a good trading trend. After Friday's non-agricultural trading helped everyone avoid fluctuations, I successfully made profits under my trading strategy. I will actively update my thoughts. Like it. Everyone likes and gives me likes. If you need real-time analysis, you can join me.
Gold trend analysis
At present, gold has started a downward trend. In trading, we only need to follow the trend to make profits easily.
Gold trend analysis
After gold's mid-term trend (daily chart) hit a record high, it immediately fell under resistance. Gold prices have received certain support from the 55-day moving average. The mid-term objective trend is to consolidate at a high level. After returning in the New Year, gold generally showed an upward trend of testing the previous high.
xauusd buy2065-2070 tp2078-2085 sl2054
XAUUSD SELLDollar currency Index took support on its D1 time frame, which is seems very strong and Gold accepted it supply zone from 2087 and now falling down. I am bearish on it. DYOR before taking trade.
XAUUSD 03.12.23 SELL PROJECTIONReason Behind XAUUSD Sell Projection
1. Obey Strong Resistace @ 2071-80 & No other Technical Reason For Fall
2. Fundamentally Dxy make the retest the Weekly High @ 105
3. In DXY we founded the Bulllish Spinning Top which Makes the XAUUSD further Sell
Overall Possible Outcomes
XAUUSD SELL @ 2071-80
SL 2095-2100
TP 1 @ 2040
TP 2 @ 2010
XAUUSD: Gold successfully breached the 2050 pressure level
Gold today twice hit the 2050 pressure level, after the first shock failed to return to near 2035, we choose to be long gold in this position, and successfully reached the target position 2045, after Powell's speech, gold once broke through the 2050 pressure level, and is now consolidating near 2056, next week we can observe whether gold stands firm 2050, Wait for a pullback to near 2050 go long gold!
If you have any questions about the transaction, you can contact me and I will help you!
XAUUSD:Waiting for the bear's counterattack
After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack.
Now it depends on whether the bear will seize this opportunity to fight back.
For now, resistance is concentrated at 2043-2047, while the trend line is at 2039-2036 (which will get higher and higher as time goes by). If the bulls want to continue its trend, it is better not to fall below this level. If it falls below, the pattern will be destroyed
(I prefer that the bears will counterattack)
In terms of trading, I will continue my short selling plan above 2040.
XAUUSD:Bears will take it back to 2013
There are no exactly the same market conditions, but there are similar markets, so technical analysis was born. Never worry that there are no trading opportunities in the market. As long as the market exists, opportunities will exist, unless you lose all your money and have no way to participate in the next transaction. Otherwise, don’t be upset just because you missed a trading opportunity.
You have to believe that the principle of extremes must also apply to this market. A sharp rise will be followed by a sharp fall, and vice versa. 99.9% of the gaps will eventually be filled.
The test is human nature, patience, and your understanding of the market!
GOLD → Some gains after rally above $2,015OANDA:XAUUSD finds itself trading into multi-month highs, looking to clear more topside space after climbing back over the $2,000 handle once more.
Finding chart territory north of $2,000 has proven a challenge for Gold bidders after the XAU/USD dropped below the key level back in May, trading back into the year's lows near the $1,800 region.
October saw the XAU/USD rally back into positive territory, and Gold is up over 11% from October's low of $1,810.
Spot Gold saw fresh bidding after getting pulled down into the 200-day Simple Moving Average (SMA), and buyers will be looking for a fresh round of bids if the XAU/USD sinks back towards $1,950.
XAUUSD: Trading Straregy
Unexpected events caused it to break through the resistance range and complete the conversion from resistance to support. Currently, 2012-2007 is already a support, 30m is beneficial to the bulls, and 1h has formed a top divergence, and there is a need for adjustment. The upper resistance is 2018-2022.
The probability of directly breaking through it is low, but given the strength of the market today, a second attempt may be made. If the judgment is correct, you can observe the support from 2012 - 2007 after falling back. If the support is effective, go long. If the support falls below, you need to make a judgment based on the specific market conditions. (When short forces are strong, we should not do the opposite)
XAUUSD BULLISHGold is ready to breakout its all time high soon. As the war between Israel and Palestine accelerate, we may see GOLD more higher. Better to look buying opportunity on it.
XAUUSD: Gold's intraday gains were weak
Gold 1990 more profit, European rally 1995 empty!
Gold day up weak, has encountered the pressure of 1998, 1991 near more profit out, strong no longer strong will turn weak, European began to short! So 1995 began to short bear, now the support is 1988, once the break, the depth of the pullback opened! The United States focus on this position support can!
From the trend point of view, gold has gone through 5 waves in 4 hours, and now it encounters the pressure of blocking the day line on the track, and there is adjustment demand! From the rule of thumb, this step back to the Bolin rail position, open a wave of adjustment, and then choose the direction!
Operation suggestion:
Gold:sell@1995 SL 2002, TP 1980
XAUUSD: sell
Since there is no data today, we will only do technical forms. The current trend is still short. It is expected that there will be a wave of decline after the US market opens. You can continue to short and set SL to control risks.
Because the U.S. trading time usually fluctuates greatly, if you make a mistake in judgment, setting SL can also avoid some losses, especially for small capital accounts. You can set it up or not for large capital accounts as you like.
The important resistance today is concentrated in 1998-2006, and the support is 1984-1978. If it falls below, look around 1973-1969. If it breaks upward, the vicinity of 2012 will become a strong resistance.
Of course, if your account funds are enough to support it, you don’t need to set SL, but the lot size must be controlled. When we do transactions, we must first ensure the safety of the principal, and then talk about profits on the premise that the principal is safe!
XAUUSD: Today's analysis and operational strategy
Today, gold opened low to 1978, and after briefly falling to the $1973 line, supported by technical buying and rose to strong volatility, but the day is still under pressure in the high fall pressure on Friday, if the market can not strengthen again to refresh the high point on Friday, there is a pullback to fill the expected prospect. Gold technical analysis, on the daily line, gold did not rise sharply on Friday, after touching a high intra-day fall, recorded a small Yin with a long shadow line, on the daily line, gold is currently a short-term decline, or will test the MA10 daily average; Overall, gold is currently in a short-term downward trend!
Strategy reference: High probability scenario: Bearish below 1985, target 1973-1865. Low probability scenario: bullish above 1985, target 1993-1997.
Currently there are orders do not know how to operate friends, you can pay attention to me, I will answer for you!
XAUUSD: Next week's highlights
This week, gold returns close to 40k, gold once rose to 1993 in the case of CPI data, then fell back to 1980 near, next week focus on the 1980 support to break the situation!
Currently there are orders do not know how to operate friends, you can pay attention to me, I will answer for you!
XAUUSD BUYI have mentioned all the buying reasons why to buy GOLD in coming week. Do your own analysis before taking trade on it.
