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Xuausd

xauusd - GOLD 1hrGOLD is still making higher highs and higher lows on the 4hr n daily which is very bullish but... creating a upwards wedge with decrease in volume is not bullish. taking a look at the 1hr we see big red candles! bearish short term. look for liquidity price action: (sell) en 1902-1905 sl 1912 tp 1881 if price continues to follow the trend then price should very well buy after touching the 50ma watch the 50MA trend: (buy) en 1903 sl 1893 tp1 1920 tp2 1927 early entry RIGHT NOW buy @1897 and hold to a higher high. tight sl @1893
OANDA:XAUUSD
by nikdobii
What's coming for dollar and linked pairs to it.(EurUsd, Xuausd)If we observe the US dollar index on monthly timeframe, we can observe that currently it's in the correction phase. If we look at the past support and draw a Fibonacci retracement it shows that support levels falls at 38% of that which gives us a clear picture of it too. So as soon the dollar index completes its correction it will start going up which will affect the pairs linked to dollar like, eurusd, xuadusd, etc. As soon it will start going up better position for these pairs will be to sell. I hope you like the analysis. If you something more to share go ahead.
TVC:DXY
by dan046
Gold potential longGold very recently dipped in to a pool of liquidity (last significant low before a large move up) that led to the parabolic rally that printed new highs. As soon as the violation happened we saw rally that violated the bearish market structure on the daily timeframe giving very bullish signals. This correction might not be over but there is an opportunity to buy gold and ride it to 2000.00 and potentially higher. I don’t know what the market is going to do long term but for now PA is pointing me in that direction. I’m waiting for a dip in to the zone I highlighted below. I would have a limit order be I haven’t been following gold long enough to be sure of its levels/zones just yet. I will have to watch this carefully and monitor price when it reaches my levels. Let’s see how this one plays out.
OANDA:XAUUSDLong
by Golb