XAUJPY trade ideas
Gold Liquidity Warning!Examining the daily capital flow of gold (XAU), we can see several bull traps forming across the major gold pairs, suggesting that a temporary peak may be reached. It’s probable that we’ll experience lower lows leading up to the November election.
XAUJPY Long Trade SetupPrice likely to move higher. We're expecting to see a move towards ¥404,906.
Entry: ¥396,405
Target: ¥404,906 & ¥413,978
Stop: ¥387,640
XAU JPY: Currently under selling pressure, various T-Frames
XAU JPY currently is under selling pressure due to a Double-top on the daily/weekly time-frames. But there is also a current Head 'n' Shoulders Sell pattern on intraday time-frames, 2HR mostly. Also, on the 2HR EMA's squeezing tightly together, serving to send price lower if anything, plus a massive rising wedge on 2HR which XAU JPY looks to be about to fall out of.
Momentum Oscillators in the right-side chart point to downwards price-action.
There is also XAU USD which continues to wind back in price after testing the 20/21EMA multiple times on the Daily, but it continues to slip downwards.
XAU/JPY JAPANESE GOLD Market Heist Plan on BearishHello My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist XAU/JPY JAPANESE GOLD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Note: Attention for "Scalpers" trade only on short side and If you've got a lot of money you can get out right away otherwise you can join with a "Swing trade Robbers" and continue the heist plan, Use Trailing SL to protect our money 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
GOLD XAU/JPYTraders
I'm looking at near future targets for Gold/JPY. I would assume it takes a rest here if there is no escalation in the Middle East. If there is, the bullish taget is the primary Channel Golden Zone.
Huge LONG-Gains Potential here...XAU JPY
Heads 'n' Shoulder long XAU JPY on 2HR and 4HR.
Note: This trade has not re-tested yet. I will keep monitoring.
xauujpy short for then reversalAnalysed weekly timeframe dropping to 4 hours.
Possible down turn for then a reverse at 271513.
Entry for short around 295955, take profit 271513
Buy Limit arund 271513 take profit 304091
Short for then a reversal Weekly Analysis timeframe dropping to 4 hours.
Possible down turn for then a reverse at 271513.
Entry for short around 295955, take profit 271513.
Buy limit around 271513, take profit 304091.
XAUJPY 4H bearish view.-overall strong daily uptrend.
-may see pullback after breaking 4h uptrend line.
-formation of H&S pattern.
-waiting for breaking the neck line.
-short trade with good R/R ratio with the target level up to the 4H demand zone.
-do not forget your SL.
GOLD/JPY: Bearish Bump and Run Reversal TopXAUJPY after sharply rising from the long term Lead-In trend line and Horizontal Support Level, is now currently testing the supply line of a local Right-Angled and Ascending Broadening Formation it has developed at the highs and seems to have completed an RSI BAMM and is now looking to do an impulsive move down. If the impulsive move down is great enough, we will see XAUJPY break down below the Lead-In Trend Line and confirm it as a Bump-and-Run Reversal Top, which could take us to the measured move that happens to just about align with the 61.8% Retrace overall.
The JPY overall has been setting up and getting quite Bullish against other currencies recently too, such as the AUD, GBP, CAD, and EUR. I suspect this trend of the Yen gaining value against assets will continue in Gold as the USD continues to rise and the JPY maintains its USD value relative to other currencies and assets.
XAUJPY Reversal Trade IdeaThis is an Idea of XAUJPY of Short that Trend will reverse because of Forex Sentiments and RSI Highly Over Sold first now RSI highly over bought.
Gold set to advance against the Japanese YenThe massive ascending triangle completed in Mar 2023 has met its 1X target at 275,000 Yen per Oz. It is quite common for such a large pattern to eventually fulfill a 2X target. The daily chart is coiling into a pennant that should be resolved by an upside breakout. Tactically my trade is to buy Gold futures and sell Yen futures with an approximately equal USD value.
Get ready to be long Gold and short JPYThe chart of Gold expressed in Japanese Yen has remained in a very tight weekly closing price range of 7% for almost a year. The boundaries are clear as an ascending triangle. This is a trade I will lean into hard by buying Gold and either selling Yen futures or buying USDJPY spot in approximately equal USD values. JCB will continue to inject money into the system. The Yen is likely to becoming the garbage can currency of the world. By buying Gold and selling Yen I become USD neutral in the trade.
Gold/JPY long with 15% targetFinal sub-wave of a flat formation is about to complete wave 4 on daily timeframe.
Continuation of the trend will resume soon. Conservatives target for wave 5, is 15% (equals to wave 1).
xaujpy long position ideaweekly good support zone !!! And still wait little timeframe pattern breakout!!!
Gold vrs Yen - Hits the 161 As I've said multiple times in different forecasts, the leading tell of an uptrend ending is when the market can not break the 161s of the last pullback. This has now happened in gold/yen.
Mostly marking this out of interest. I don't think I have liquidity for this on my primary brokers. I'll maybe scout about for some. But this is related to my long Yen forecast and also my short gold one.
Yen looks set to turn again gold if it can hold the 161. +1 for the Yen long in the Forex markets in my opinion.
XAUJPY bullish trend detectedbullish trend detected so made entry after a higher low showed a bullish inverted hammer candle .stop loss will be adjusted on the current time line until trend reversal occurs.
XAUJPYThe a wave of the fourth wave has been completed, and the next step is to see where the b wave rebounds
XAUJPY sellBecause the third sub-wave of the third wave is prolonged, the fifth sub-wave is no longer prolonged, the third wave has ended, and the callback of the fourth wave starts. Because the second wave is flat, the fourth wave is zigzag or flat. According to whether the first sub-wave of the fourth wave is 5 or 3, the final target position is determined.
Long Gold, range play with bullish biasPure range play with a long bias.
Expect decent support 188k level with a tight stop below.
Throwing 0.5% equity at this bet, hoping for 3.5% return.
🥇XAUJPY: Japanese Alchemy of Gold🎌●● Mine scenario
● 1W
It is very likely that, as in the case of XAU/USD , the wave (V) of the " Supercycle " degree forms the Ending Diagonal I- II-III-IV-V .
● 1D
A variant of count of the triangle ((B)) of I .
● 23h
A variant of count of the wave (1) of ((C)) in the form of a single zigzag A - B - C .
● 6h
I expect the wave (3) to resume growth soon. The confirmation in favor of the completed correction (2) of ((C)) in the form of a double zigzag W - X - Y will be: the breakdown of the line 0 - X , plus the formed waves ((i)) - ((ii)) of A , the first of which will break through the top of X — " bull lvl " and gain a foothold over the upper border of the descending channel.
●● Alternative scenario
● 6h
As long as the above conditions are not met, there is still the probability of continuing the decline of the wave Y of (2) with the first targets of 173775 .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
