XAUUSD | Bullish The XAU/USD chart is forming a parallel channel and making new higher highs and higher lows according to Dow Theory and pattern analysis. On a higher time frame, the structure of GOLD is bullish. However, on a lower time frame, we can expect a slight downside move to sweep out liquidity before the upside rally begins. Fundamentally, the outlook for gold is bullish.
Xauuusdforcast
XAUUSD ICT CONCEPT ANALYSIS BUY Here on Gold price has break the resistance zone after the initial liquidity grap and has moved away from our Take profit 1 and return back so it posible to move more to reach a Take profit 2 . So going for LONG is needed and targeting profits should be the area make zone and stoploss should be around 2362.000 . Money management is neccssary
Pay attention to long gold at low levelsYesterday, I and everyone made a summary of our transactions in the past three months. In the past three months of transactions, although we sometimes suffered losses, overall, we achieved pretty good results.We made a profit of $170K. Although this number is not huge, I am still quite satisfied.
Affected by the geopolitical situation, gold has so far reached a high of around 1855. According to the current structural trend of gold, the upper suppression point of gold is around 1865, followed by the 1877-1875 area. Therefore, 1855 is definitely not the highest point of this round of gold rebound. Gold may hit near 1865 and may even hit the resistance area near 1875. Therefore, in the next short-term trading, we will mainly be long gold at low levels, focusing on the support in the 1840-1838 area.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Must be long gold nowIn the past two days, I have been reminding everyone to do long gold in batches in the 1820-1815 area. Currently, gold has rebounded to around 1825. The long gold position we currently hold still has good profits. And I believe that gold is currently basically at the bottom of this round, so we can still be confident and bold in going long gold in the 1820-1815 area.
Judging from the current structural trend of gold, gold has basically fallen into place. According to the current gold structure, gold is in a technical oversold zone, and the chart shows a signal of bottom divergence, indicating that gold is about to rebound.At present, gold is in the bottom-building stage, so gold is likely to rebound with the influence of data and news. From the hourly chart, the suppression point of gold is in the 1848-1850 area.This is also my first target for long gold. I hope we will have a good result next!
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
MFF REPORT FOR FRIDAYHello traders, what do you think about Gold?
on a weekly timeframe market is bearish due to ADP report which is(better data than forecast) due to which market move this much
on a daily and 4h timeframe market is at very strong support (demand zone)
we can see some decent retracement before the NFP
As far as i think and dissect NFP data will much better than the forecast...
best entry for now 1936.5
remember you get paid to wait.
don't forget to like and comment to my idea