Gold formation of head and shoulder. follow the same strategy after 50-70 pips SL at BE and 50% book your gain.
Follow the same strategy after 40-50 running profit partial book and SL a BE
ranging near the resistance area, potential entries between 80-85 with SL at 91.5 and take profit will be set at 57. following the same strategy after 50-60 pips we partial book our profit and keep SL at BE.
expecting the bullish comeback in 30s, follow the same strategy after 50-60 pips we book partial and SL at breakeven after partial booking so we have zero risk.
Gold remains under selling pressure, and I'm looking for a sell setup targeting the 2600–2606 region. Potential sell zones are at 24 and 30. Avoid going all-in at 24; instead, manage your risk carefully as the SL is set at 36. There are two levels available for entry here, so plan your positions accordingly.
Took buy here but it seems high risk because trend is down
Took this trade I missed my entry at 46, so I entered at 50.5. same strategy after 60-70 pips running profit partial book and SL will be at BE
looking for a buy around here, if it continues the bullish momentum. we will follow the same strategy on 50-70 pips running profit book partial and SL will be at BE
The gold trend is up after China buys gold. I'm looking for a buy setup around here. remember to partially book gains after 50 pips running and SL will be at BE.
Gold finally broke the range, looking for a buy setup on a lower time frame. Remember to partially book profit after 50-70 pips, and SL will be on BE after 50 pips.
Today is NFP and gold broke out the range last night and got back in quickly. that has risen the selling opportunity. manage risk accordingly also remember after 80-100pips running profit always BE your SL on my setup.
XAUUSD ready to get down. Breakeven your entry after 100 pips running profit.
Weekly Analysis 21 Apr, 2024 Gold has shown a strong uptrend on 1H timeframe, attributed to war related news. Trading above the trendline is deemed bullish, and a breakout below this line presents a selling opportunity upon retesting. gold is currently doing sideways correction. main support level stands at 2330. Gold maintaining its current level, it may start...
Weekly Analysis 6 Apr, 2024 Last week, despite the strong Non-Farm Payroll (NFP) numbers, the market experienced an unexpected surge that caught everyone off guard. This was primarily due to two simultaneous events: an earthquake striking New York City (NYC) and the release of the NFP report. The recent earthquakes, first in Taiwan and now in NYC, raised concerns...
Weekly Analysis 24 Mar, 2024 Last week, gold experienced a significant surge following the FOMC meeting, only to face a sharp $65 drop the very next day. Despite this downturn, the price remains above the crucial 2150 level. Should this level break, it would be wise to await a retest before considering a target of 2100. Notably, on the daily chart, Gold has...
Weekly Analysis 17 Mar, 2024 Gold underwent a sideways correction last week, and now we have the FOMC meeting approaching. Hedge funds may either book profits this week or buy more gold, depending on the outcome of the FOMC meeting. According to Fibonacci values, the first resistance is at 2190, with the 60% level at 2230. I am expecting a hawkish stance from the...
Weekly Analysis 3 Mar, 2024 Important Update The current support level stands at 2088, with no support seen on a daily basis prior to this. The recent surge from 2080 has cleared out all sellers, but new sellers are expected to enter the market soon. Buyers are expected to take profits in the range of 2200-2175. Once the market begins to drop, buyers are not...
Weekly Analysis 3 Mar, 2024 Last week, gold had a big $60 upward move and is currently positioned at a resistance level. Looking ahead, the most important news is the release of Non-Farm Payroll (NFP) numbers this week. From a technical standpoint, our initial support level stands at 2060. if this support breaks, we may consider selling on a subsequent retest of...