Cloudexp1

Cloudexp1

📈 Direction 🎯 Next Target **Bullish** **\$3,385 → \$3,400** (if support holds and news aligns) **Bearish Pullback** **\$3,322 → \$3,306** (if USD strengthens due to strong data or Fed hawkish tone)

Cloudexp1

Rising Wedge → clearly broken to the downside. Bearish flag forming after wedge breakdown (continuation). Fibonacci Retracement drawn from recent low (~3,118) to high (~3,499). Price currently around the 0.5 Fib level at ~3,308, which is now acting as resistance. ✅ Trading Idea: Short Position (Sell Setup) 🔻 Sell Entry: Around 3,308–3,318 USD (0.5 Fib level...

Cloudexp1

Price has broken below an ascending channel, suggesting potential trend reversal or deeper correction. Fibonacci retracement levels: 0.382 (~3263): price is currently testing near this level — often a key area for temporary support or bounce. 0.236 (~3208): next support if selling continues. Deeper targets indicated by the 0 level (~3118) and projected...

Cloudexp1

Trading Plan (Scenario-Based): 📌 Plan A: Bullish Breakout Play Entry: Buy on breakout above $26.70 with strong volume confirmation. SL: $26.20 TP1: $27.10 TP2: $27.50 RRR: ~2.5:1 📌 Plan B: Range Bounce Entry: Buy near $25.80–26.00 support zone if price retraces. SL: $25.50 TP1: $26.50 TP2: $26.90

Cloudexp1

Current Levels: Gold is trading around $3,250, recovering from a two-week low near $3,200. Key Levels: Resistance: $3,262, $3,276, and $3,295. Support: $3,236 and $3,195. Outlook: The NFP report could act as a catalyst, determining whether gold breaks above resistance levels or retests support zones.

Cloudexp1

Trend reversal expected around 3328 zone. Then fall back toward 3228 support level. Possibly even lower afterward. Let’s break it down a little: 3328 is a major psychological level (very round number). If it reverses there, the first target is 3228, another clean support. If 3228 breaks, the next lower supports could be around 3200, 3180, maybe even 3155...

Cloudexp1

On the 1H/4H chart, XAUUSD is currently respecting a rising trendline. 📉 Bearish Scenario: If price breaks below the lower trendline, we could see a strong bearish move towards the 3125 support zone. This would indicate a potential trend reversal or deeper correction. 📈 Bullish Scenario: If the trendline holds, bulls may take control again, pushing the price up...

Cloudexp1

Gold is currently forming a bullish flag correction after a strong impulsive rally. Price action is nearing the upper trendline resistance of the flag pattern. Watch for a potential reversal back to the lower trendline or a breakout continuation to the upside. However, a break below the lower trendline may trigger a deeper correction toward the 2772 key zone

Cloudexp1

"This analysis is for educational purposes only and should not be considered financial advice. Before making any trading decisions, double-check the accuracy of the analysis and ensure it aligns with current market conditions. Always conduct thorough fundamental analysis, including economic news and geopolitical factors, to gain a complete understanding of...

Cloudexp1

However, please note, this is just an idea, and further financial analysis, including news and fundamental factors, should be considered before executing any trades This is a potential short-term trade idea for XAUUSD. We are observing the current price action as it reaches towards the 3055 level, approaching the lower trendline near 2999, which is a key support...

Cloudexp1

XAUUSD (Gold) trading 2-hour time frame, aiming for a trend continuation to the 3000 zone, here's a strategy that combines technical analysis, including moving averages, and chyper pattern

Cloudexp1

Fake Breakout Detection: The script identifies when the price closes below a trendline, then quickly re-enters above it (fake breakout). Elliott Wave Impulsive Wave: The strategy assumes the second impulsive wave is underway once the price reaches the 61.8% Fibonacci retracement level.

Cloudexp1

price has broken above the 2832-2833 support zone on the 1-hour timeframe, signaling a bullish reversal. If the trend continues, the next key resistance level could be 2877, followed by a move toward previous highs near 2956. Key Levels to Watch: Support: 2832-2833 (now turned support) Next Target: 2877 (potential resistance) Further Upside: 2956 (previous high...

Cloudexp1

Descending Channel Breakout: Recent analyses have identified a descending channel on the 1-hour chart, with prices touching the lower trendline and bouncing back. A breakout above the upper trendline of this channel could signal a bullish reversal. Morning Star Doji Formation: A completed Morning Star Doji pattern on the 1-hour timeframe indicates a potential...

Cloudexp1

🚀 Ascending Triangle Breakout in Play! 🚀 Gold (XAUUSD) has formed a bullish ascending triangle, signaling strong buying pressure. Price has successfully broken out of the resistance zone, confirming an upward impulse. Key Levels: 🔹 Breakout Level: 🔹 First Target: $2985 (impulse move) 🔹 Next Target: $3000+ (psychological resistance) Market Structure &...

Cloudexp1

Sell Scenario (Break of Support Level) Entry: Sell only if price breaks below 2882 (confirmed with a strong candle close). Target: Next trend reversal point at 2868. Stop Loss: Above the broken support at 2885-2890 (adjust based on volatility). Buy Scenario (Bullish Trend – Triple Top Target) Entry: If the bullish trend continues, aim for triple top pattern target...

Cloudexp1

Gold (XAU/USD) is trading within an ascending channel, currently testing the upper boundary near $2,930. This level has historically acted as resistance, suggesting potential for a pullback. Analysts recommend caution, advising against chasing long positions at these highs. A prudent strategy involves waiting for a retracement to support levels around $2,820...

Cloudexp1

Entry Criteria (Buy Setup) Price must be trading above the 100MA on the 1-hour chart. Wait for a retest of the 100MA after the breakout to confirm support. Bullish candlestick pattern (e.g., engulfing, pin bar, or hammer) near the 100MA confirms entry. Additional confirmation: RSI above 50 or MACD crossover. Stop-Loss & Take-Profit Stop-Loss (SL): Below the 100MA...