Xauusdtrading
⭕️BEST place and price for BUY GOLD❗️
🔰You see the analysis of the GOLD in four hours ( XAUUSD , 4H) ❗️🔎
🔰BUY Limit XAUUSD at 1833
✅TP ; 1873 (+4000 pips)
❌SL ; 1820 (-1300 pips)
📊R/R ; 0.32 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰BUY Limit XAUUSD at 1833
✅TP ; 1900 (+6700 pips)
❌SL ; 1820 (-1300 pips)
📊R/R ; 0.19 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐) 🔥🔥
🔰Due to the gold downtrend, the best area for buying is at the cross of the uptrend line and the demand area and support line. The first target is on the Nanji Rang resistance line and the second target is in the confluence of the downtrend line and supply range.💰👌
⚠️⚠️🔥Take a look at GOLD Analysis step by step on YouTube🔥⚠️⚠️
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
XAU/USD. Short, H+S pattern R:R - 5:1 !!!!Hello traders, I'm back,
Gold appears to have formed a head and shoulders pattern on the 1 hour timeframe as displayed on the chart. I believe at some point tomorrow that the $1952 major trend line will be tested, this trend line also coincides with the 61.8 fibonacci retracement of the bullish gold outbreak since the Russian invsaion of Ukraine. Now the question is where to short in order to achieve the highest risk to reward. I have noted a bearish order block that I believe will be retested at the $2010 area. So I would set sell limits to around the $2008 / $2009 level and watch how price reacts if it reaches this level.
Fundamental bearish factors:
Zelensky considering a 'neutral' Ukraine in order to prevent more loss of life, neutral being agreeing to not join NATO.
Supply chain shortages are easing as oil CEO's don't increase output because they are aware this oil bubble will be very short-lived and is already close to popping
COVID gone for good so less risk of future inflation
Note: CPI data tomorrow so expect increased volatility and larger than normal wicks on the smaller timeframe. We will get a good idea of the markets direction for the rest of the month based on how today ends.
XAUUSD ,Will the bulls continues its run on March beginning ?Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down
and formed a bearish pin bar in Weekly chart,
At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone
or if the price breaks down the support, it may goes down further
Analysis only for education purpose
XAUUSD ,Will the bulls continues its run on March beginning ?Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down and formed a bearish pin bar in Weekly chart,
At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone or if the price breaks down the support, it may goes down further
Analysis only for education purpose
Gold daily analysis 16.02.2022Yesterday gold has very high volume and was not able to sustain the levels near 1880 because of high selling pressure.
However yesterdays daily candle gave a confirmation for the breakout of long term trendline since price rose to 2000 in March 2020. So I expect gold to be bullish in coming days too with base price near 1840 if price is able to sustain above this.
Yesterday's fall was a test for this support for trendline near 1844 and price was able to maintain this level. There is very high volume after the price fell 1844. This is good indication that price will reverse in next days.
However the news is still uncertain and price can go any direction. So I suggest to trade only with stop loss.
Today my trading ideas are
BUY 1852 SL 1842 TP 1865 (scalp)
XAUUSD down before long..For more daily Detailed analysis, please feel free to click the follow button. If you do have any questions, please do ask them!
After hitting our targets numerous times, I know there is plenty of traders waiting for my GOLD analysis..
We are looking short from the current price point further down. We are then looking long.
This is because there is remaining room/profit margin till our long zone.
We are then exiting at comfortable resistance higher up.
Exit is NOTED by eclipse symbol.
What To Expect Next For Gold?If you followed my previous posts, you are certainly loving the profits that came forth. The gold did break through, and dare I say, it is now going to rebound back up for a retest.
The chart above has nothing new added to it. The reason I am sharing this is to show you the trendline resistance that I had already drawn in my earlier charts. The trendline acted as a force to be reckoned with, and the lower highs were all but indicative of a collapse. This tied in nicely with the recent reports that came out. Now, we come to address the elephant in the room.
"What on earth should we expect next?"
So far, it seems like the buyers and sellers are in a bit of indecision about whether to move up or down. The next few hours will play a critical role. It is possible that we may see Gold rise back up to retest its lost ground. Refer to my earlier post Gold - The bigger picture where I have highlighted the overall scenario. For now, I would suggest refraining from trading Gold. If you have the power to hold your ground, I would suggest going long.
Best of luck, and remember, trading is risky, but the rewards are well worth it.
Gold - The Bigger PictureEver since Gold touched its all-time highs back in 2020, things have been going downhill. However, what people might not have noticed is how there seems to be a pattern that is in the making. We are on the verge of the end of the triangular formation, and somewhere in October 2021, we can expect a massive breakout.
In the chart that I have just shared, the pink highlighted area is the area of value (AOV). If you find gold prices touching these regions, you have a perfect entry point because they would either be facing fierce resistance or superior support. However, it should be kept in mind that this pattern is soon to break away. For anyone willing to trade in gold, now is the time to do a spot of day-trading and swing trading. However, if you wish to make a significant chunk of profit, read the chart carefully and figure out the perfect entry points for pending orders (once the pattern is broken). Of course, there is always a risk of a false breakout, but so far, there hasn't been one since last year. This only goes to suggest that the next breakout will be a wave everyone would love to ride on. For now, enjoy the little trades as much as you can!