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Xauusdtrader

GOLD (XAUUSD): Technical Outlook Ahead of the News Gold is currently retesting a recently broken trend line on a daily. On a 4h time frame, we can see that the market is consolidating and trading within a horizontal range. I will wait for a bearish breakout of a support of the range as a strong bearish confirmation. A 4h candle close below 2318 will confirm the violation. A bearish continuation will be expected at least to 2300 then. Alternatively, a bullish breakout of the resistance of the range may push the prices higher. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
4
GOLD (XAUUSD): Bullish Accumulation?! Quick update for Gold: since my last post on Sunday, the market formed a classic bullish price action pattern on a daily - the ascending triangle. The pattern signifies a bullish accumulation and a highly probable coming bullish movement. To confirm that we stick to the plan that I shared earlier. We wait for a bullish breakout of 2341 and a daily candle close above. It will open a potential for a bullish continuation to 2375. Alternatively, a bearish breakout of a trend line of a triangle can give us a strong bearish signal. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
6
GOLD (XAUUSD): Technical Outlook & Important Things to Watch 🥇 Gold remains very weak for 2 weeks. Analysing a daily time frame, we can see that the market is consolidating and trading within a very narrow range. The last 4 daily candles are even trading within the range of a strong bullish candle. That is a perfect example of inside bar formation. Depending on the reaction of the price to the boundaries of that range, I see 2 potential scenarios. If the price breaks and closes below a 2015 level - the support of the range, for us, it will be a strong bearish confirmation. A bearish continuation will be expected at least to 1992 level then. Alternatively, bullish breakout of 2044 will be a strong bullish signal, that will push the prices at least to 2054. Following my previous analysis, I remain bearish biased on Gold and bearish scenario is more highly probable, but let's see. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
1
GOLD (XAUUSD): Support & Resistance Levels For Next Week 🥇 Here is my latest structure analysis for Gold. Horizontal Structures: Resistance 1: 2054 - 2065 area Resistance 2: 2077 - 2088 area Resistance 3: 2142 - 2148 area Support 1: 1984 - 1992 area Support 2: 1965 - 1977 area Support 3: 1932 - 1938 area Vertical Structures: Vertical Resistance 1: Rising trend line Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
5
XAUUSD Outlook 3/7/23 This could be an aggressive month 📉Good evening gold gang! .. hope you have had a rested weekend and ready to attack once more. OK we have a bearish closure below recent support on the monthly! this is interesting as the range below is super clean to push down. I don't give price predictions as anything could happen in the world at any point which will move gold in any direction. So i just stick to the sessions in front of me. Im looking forward to a news packed week including NFP on friday. Tuesday is a bank holiday in the USA and i will not be trading it. Buys and sells are on the charts .. buys are counter trend so are nicely tucked away incase of any pesky fakeouts. Sweet rejection from an inner level there which could cause price to move down during asian session. Sells im favouring and they are on the charts along with reversal points. If you're not already PLEASE follow along so you don't miss any updates! and like the post catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
5
XAUUSD - Can the 2000 be hit tonight?!Good evening gold gang! hope you had a good weekend. What an insane week last week with over 1000 pips in bullish momentum! we caught our fair share for sure. The way i see it is we have 3 options here. Option 1 .. rally straight up to the 2000 from the open. Option 2 .. small retracement to collect some orders at the daily level before shooting up for the coveted 2000 and finally option 3, deep pull back back to the monthly level. Im looking forward to seeing what we get at the open! catch you in the morning for the london/new york outlook tommyXAU
OANDA:XAUUSD
by tommyXAU
4