XAUUSD: +400 PIPS Intraday Opportunity! Dear Traders
Gold has created a record higher high after touching 2670, price has made a minor correction after that, however, in our opinion it was a small correction due to liquidity emerged as the London Session opened. We think from current trending price we can see a clean move towards 2700$. Good luck.
Xauuusdlong
M15 Buy Setup For GoldFinally Price has taken out the low of our momentum candle now our final buy order will be triggered when the 15-minute candle closes above 2314, targeting a minimum of 100 pips with an expected target of 2323-2329.
For traders with an aggressive or higher risk appetite, entry can also be considered upon the bullish closure of the current 15-minute candle, aiming for the target around 2314, but it's essential to ensure the candle closes in green.
How strange the world is!!I've been hitting the following key on the computer for a while now; "Is the world better?"
Has Quantitative Easing (QE) provided globally by central banks around the world finally dried up?
If the answers are yes to all of them, just answer this naive question that I will ask next; Why is gold surpassing its all-time highs? I just need this answer, right!?
It's been a while since I've seen the possibility of forming an H&S graphic pattern, and at the moment it seems to me that it has been formed, and now, all that's left to do is take hold and capture all the possible values of the FIB plotted in the image below.
Observation. The red lines are resistance points. If he is defeated, the white line, and consequently the yellow lines, will be his targets.
Coming to the short term, we have this upward channel emerging and being very well respected by prices. What a thing, right?
But when I go to the medium-term chart time, it seems to me that prices are trying to make a correction up to the 2K band to know which way prices should go, but all this is driven by our beloved SPX, which given the FED doesn't By reducing interest rates, the bulls are just on the lookout for the bears, to see if it is the right time to leave the lake and return at another time to drink water.
Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphical analyzes below.
GOLD UPWARDS FORMATIONMy idea still valid on the upside, Gold revealing new area of price and that would be 2100-2300 zones in the next moves. My target for now are for scalping, I cant see sell on this moves.
This is only my view, once we tap the 2080 zone I will update a short time frame for another view.
This is not a financial advice, this is only my View.
Follow for more weekly or daily charts.
XAUUSDHey everyone,
OANDA:XAUUSD in our last setup of gold with 1DAY timeframe that we would have to wait for price to breakthrough that caution area before deciding or talking any further entry. Now that price have breakthrough that region we can take a perfect entry.
First we are expecting price to continue the bullish trend until 2022 and then reject at that region and then dropped nearby 2006-1999 area where we can buy entry for 400 pips.
GOLD/XAUUSD UPDATES
Major idea updates, First sell of volume being drop yesterday on NY sessions and London.
Now im expecting price goes higher atleast 1999$ per Gold.
but this idea is too high because it moves higher with no retracements since the 1810$
But be sure to put some Stoploss at your own risk.
This is not a financial advice.
Follow for more.
Prepping the long for goldFalse breakdown of prime trend-line (white line), currently reclaimed.
Would not look to long here - rather I would look for a break of R1 resistance @ 1905
and look to rebuy on a retest of previously strong resistance.
Likely scenario would be ->break 1905 ->test 20DMA -> retest 1905 support -> target 1945.
We can set our stop losses below S1 @ 1881, giving us a 1.67:1 risk to reward.
Good luck and cheers,
Mayo