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ProjectSyndicate
Dec 29, 2022 8:58 AM

XAUUSD H1: TP BULLS 1855 USD BEST level to BUY/HOLD GOLD (SWING)ย Long

GoldOANDA

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XAUUSD H1: TP BULLS 1855 USD BEST level to BUY/HOLD GOLD (SWING SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect GAINS until 1850/1855 USD


๐Ÿ”ธ Summary and potential trade setup
::: XAUUSD 1hour/candle chart review
::: updated/revised outlook
::: strong bull run / pump in progress
::: accumulation in progress right now
::: expect slow range bounce price action
::: previously strong uptrend / bullish impulse
::: off the triple bottom formation
::: BULLS wait for a better price now to BUY
::: 1785 range lows 1770/1775 premium prices
::: 1810 range highs 1815/1820 premium prices
::: BULLS should focus on buying dips 1770/75
::: best reload BULLS is near 1770/1775 USD final TP 1855
::: strong bullish impulse in progress so bulls
::: BULLS maintain in control after recent PUMP
::: short-term range bounce price action / SLOW
::: then expecting REVERSAL get ready to BUY LOW
::: LOW risk strategy BULL: BUY LOW near 1775 USD
::: TP bulls is TP1 1825 USD TP2 is 1850 USD
::: BEST/recommended strategy: see above BUY LOW
::: slow market so you have to be patient
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
๐Ÿ”ธ Supply/Demand Zones
::: 1775 USD fresh demand zone
::: 1850 USD fresh supply zone
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/1775USD
::: Sentiment mid-term: BULLS/REVERSAL/1850USD

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
Silkmilk-
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Looks like gold is moving. What's your take on things currently mate? Any significant pull back or best entry points?
MonoCoinSignal
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Great information
Gold-Tech
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Keep it up
RLinda
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Great chart, very useful for assessing the market situation, thanks for sharing)
barryteks2254
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please can you drop another analysis on XAUUSD
Goldviewfx
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im with you on this one
DeGRAM
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Thank you for sharing your analysis.
ProjectSyndicate
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@DeGRAM, right on
StewySongs
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๐Ÿ™๐Ÿ™๐Ÿ™
ProjectSyndicate
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@StewySongs, ++++++
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