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Goldlongsetup

GOLD: Buyer's Confidence!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ In times of financial hardship, banks can use money to manage their liquidity and stabilize their deposits. However, relying on money alone cannot solve any underlying insolvency issues, nor can it alleviate the distrust that people feel towards bankers, politicians, and government officials. Consequently, investors are turning to safe options with no counterparty risk, such as physical precious metals, as a means of protecting their investments. Maybe BUY GOLD zone 2002 - 1998 Stoploss: 1990 Take profit 1: 2006 Take profit 2: 2012 Take profit 3: 2050 Note: Note: Full TP, SL for winning the market and safe trading!
TVC:GOLDLong
by Sphyn-Trader
5
GOLD: A dovish Fed could be extremely bullish for hard assets!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ If the Federal Reserve suddenly becomes more dovish, it could have a very positive impact on tangible assets. No details are left out in this paraphrased text. The Federal Reserve is expected to change its stance and avoid increasing interest rates during its next meeting due to the banking crisis. The Fed officials may also introduce fresh initiatives to add more funds to the economic system. The metals market has been impacted by the uncertainty surrounding the ending of the Fed's rate hike regime. However, the recent shift towards a more lenient approach by the Fed could have a positive impact on tangible assets. The prediction is that the value of gold will keep increasing!
TVC:GOLDLong
by Sphyn-Trader
1
Gold: Forecast and Trading Strategy for Next Week In the world of trading, the players control the game, the observers understand the game, and the participants play the game within the game. What goes up high enough will eventually fall deep enough, and what falls deep enough will eventually rise high enough. This is an eternal logic in financial markets, where the core lies in volatility that creates value and opportunities. Investors and speculators participate only when there is volatility. The financial market itself does not generate profit, but the speculative price difference of buying low and selling high can produce profit. It is nothing more than buying when someone else sells, or selling when someone else buys. Therefore, to avoid being eliminated, one must understand the game, and to understand the game, one must abide by the market rules. Looking at the daily chart of gold, the downward wave has ended and the rebound phase has begun. Next week's pressure is concentrated in the daily Bollinger upper band at 1875 and the 1870 moving average area! Moreover, on Friday, the market directly broke through the pressure of 1850, so the trend next week will continue to be bullish. After rising above 1870, consider going short! There are two possible trends for the next market. The first is to continue the strong upward trend, directly breaking through the pressure of 1875 and testing the previous high position. The second is to maintain the oscillation within the large range of 1870-1800! Looking at the weekly chart, the bullish trend is slightly stronger, but a big oscillation is inevitable after rising to around 1875! In short, the strategy for next week is to go long first, adjust the mindset according to the trend after the pressure position, and follow my rhythm to continue making profits!
FXOPEN:XAUUSDLong
by triumphing
3
The current price of gold is 1840, and the target 1860 We have to take a balanced view of investment and life. People who always live in the past are bad, because they have been escaping. We should not live in beautiful memories, because memories are what you have lost. Those who really know life will only miss the past and never deceive themselves. Spot gold is currently on the 1840 line. The Federal Reserve Eagle Pestik said that slow and steadily will be the right action path, explaining the reason for the Federal Reserve to adhere to the reasons for the "steady" interest rate hikes in each meeting in the future, which alleviates Some investors are concerned about the pace of the Federal Reserve's expansion of interest rate hikes. This trading day will usher in the United States in February ISM non -manufacturing PMI data. The market is expected to be 54.5 and 55.2 in January. In addition, investors need to pay attention to the speech by the Dallas Fed Chairman Logan, the Federal Reserve Director Bowman and Rockmond Fed Chairman Barkin. These officials may strengthen the expectations of only 25 basis points in March, which is inclined to favorable gold prices Golden Daily levels have formed a golden fork on the 5th and 10th moving average, and the MACD fast line has also formed a golden fork. It has always been emphasized that as long as the daily moving average and MACD dual golden fork form gold, there must be a wave of pension. It is recommended that everyone fully lay out more orders for multiple orders. We wait and see! In the early 1808 and 1809 and 1813, the long -term multi -order continued to hold positions, waiting for gold violence to rise! I will share my strategy every day, and I will discuss the wealth password with you. FOREXCOM:XAUUSD
OANDA:XAUUSDLong
by Crazylambboy
3
XAUUSD 4HTF - Short Sell Strong Buy PATTERN FORMATION XAUUSD is making Inverse Head & Shoulder Pattern on 4H Timeframe. Gold should drop to 1831 level and make a wick at 1825 in order to make Right Shoulder, And will bounce back to 1848 area to complete its pattern. REJECTION Rejection at 1848 RESISTANCE Resistance at 1848 SUPPORT Weak Support at 1837 Strong Support at 1831 TRADE SETUP Selling below 1825 (if pattern doesn't form) Buying Trend above 1848 (if pattern doesn't form) TP1 200MA TP2 Resistance at 1890 NOTE: Take Trade on CONFIRMATIONS Manage Risk accordingly DYOR
OANDA:XAUUSD
by ChilhoodTraders
1
Can Gold complete the breakout with a new leg high? Hi, and welcome to Tuesday's update. Today's focus is on Gold as price continues to trade with inside bars after last Friday's 3% jump. US employment data fueled the rally, and this data sent the USD packing. We're looking for Friday's breakout to complete, but we need to see buyers come back into the market with another firm move higher to show us that Friday's price action is set to continue. Last Friday's close has so far done what required breaking to levels of resistance after re-holding 1626 support. We don't want to see a new close back below 1650, as this could be a sign that buyer momentum was only short-term. We would like to see a new break above 1681.50 or a new higher low above 1665 to continue the idea buyers remain in control. We still feel the USD will play a key role in whether this move continues or not. Keep an eye on this week's US CPI data, which will be released Friday morning at 12:30 am AEDT. Have a great Tuesday and good trading.
EIGHTCAP:XAUUSDLong
by Eightcap
XAUUSD FUTURISTIC PRICE ACTIONPossible Gold wyckoff schematics formation to sponsor the price higher using the H4 Timeframe. This is supported by the rejection on the weekly Timeframe and leaving a confirmation as follows on the support zone of 1683-1680 * 3 touch of the support zone * A retest of the demand zone on h4 * And the 200 moving average resting on the zone. And multiple accumulation forming on the h1. Also paying attention to the structure... the weekly Timeframe is still an uptrend just hit it's retracement level. But it's better to wait for the schematics to be fully formed before trying to markup the phases. Patience is key. #Idon'tknowbetter
FXOPEN:XAUUSD
by simonadahjt
GOLD/USD Daily TA Cautiously BullishGOLD/USD Daily cautiously bullish. *Equities are up and Gold is currently uppish/flat. If you believe that equities are seeing a bear market rally and new lows are in the near future, that very well may be catalyzed by another 50bp (at least) rate hike and the beginning of the treasury security rollover and mortgage backed security reinvestment come June 1st, then you have reason to be bullish on Gold. However, if you think market's have priced this in already and are prepared to surge higher in June, then you may want to reduce your short-medium term exposure to Gold.* Recommended ratio: 80% Gold, 20% Cash. Price is attempting to establish support at the 50 MA (~$1841) for a third consecutive session. Volume remains high (moderate) and is on track to break the two day streak of seller dominance if it can close today in the green (six of the past eight sessions will then have favored buyers). Parabolic SAR flips bearish at $1812, this margin is mildly bearish at the moment. RSI is currently trending up slightly at 46.16 and it's technically still testing 42.06 support. Stochastic remains bearish and is currently trending down at 80.32; it's still technically testing 88.41 support. MACD remains bullish and is currently trending up at -14.69, the next resistance is at -10.84. ADX is currently trending down at 19.92 as Price continues to want to go higher, this is mildly bullish at the moment but would need to form a trough together with more price appreciation to confirm bullishness. If Price is able to break out above $1867 minor resistance then it will likely retest the 50 MA at ~$1910 minor resistance. However, if Price is rejected here at $1867, it will likely retest the 200 MA at $1830 before potentially retesting the uptrend line from March 2020 at $1800. Mental Stop Loss: (one close below) $1831.
G
by dailytaguy
GOLD BULL VIEW - Rare Truncation In Ending Pattern - AriasWaveAs much as I hate to admit it, it appears as though truncation did occur on this chart back in August this year where Wave v never made a new low. The reason I am accepting this view is because the recent price action is behaving much more like the beginning of a Bull Market. If this is the case then we must break above $1814 in order to confirm this count. Critical support will remain at $1758 if no new low occurs which I highly doubt will happen at this stage. Entry: $1814 Stop: $1758 Target: TBA As always, any breakdown below the Stop level before we hit the Entry automatically invalidates this idea. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
OANDA:XAUUSDLong
by AriasWave
5
GOLD intraday long opportunity The commodity has recently broken out of a channel down to the upside and after the impulse we appear to be forming an expanding triangle structure which would mean price is expected to hit the topside of the triangle soon presenting an intraday long opportunity, we will be observing what happens when price hits the top, I am expecting a rejection giving us a new opportunity to go short until price heads to the bottom area of the triangle, should happen in the coming days.
TVC:GOLDLong
by piphunters