Gold takes a leap after us fundamentals comes out negative with a lil bit of positive change, confirming the continuation of a breakout structure after the re-test. An anticipation of double top is kept and what comes after remain to be seen and tested
Gold has some bullish indications to go upward, take entry and enjoy your profit with keeping SL in your mind. Entry at 1982 TP 1992 SL 1972 R:R=1:1
Looking for Gold to hit the 50% area of the D FVG that has been created and return back bullish. On the flip side, price could break that 50% zone to create an evening star. BUT since structure has not been broken I am still bullish and looking for the bullish bounce at the 50% area to continue bullish.
Soooooo apparently, I marked this up and didn't make any notation that I had done this. I missed the whole weekly buy up because of it. Make sure to not be so busy marking up that you forget to notate your good trade ideas that you need to come back to in order to catch the move. Aw darn it, I bet I won't forget to notate again that I made a trade idea.
Just noticed that I never posted this previously. So I am posting it now. Price has returned to the zone that I was looking to be able to buy from. This area is currently also the 50-61.8% FIB. So I am looking to buy gold next week depending on the direction at market open
XAUUSD had been on a bullish trajectory for a while on the weekly timescale. It is currently now in a retracement. Using Elliot's wave correction as a template, we can anticipate the nature of the pullbacks, and where we might profit. My current target is discount at 1920 about 930pips. If we break the recent low, I would be looking for a 1h demand zone...
After some sputtering from bearish to neutral to bearish, we now have a bullish signal on XAUUSD for the first time since 02 February. Some retracement can be expected to perhaps the 1845 area before more upward movement.
Many got distracted when Gold was trading in a range the last few years. A question for you to ponder over: Will there be a situation where interest rates continue to rise and yet a lower Dollar? Why? Let me hear thoughts, I would love to exchange ideas with you. Included last two videos link below, I explained: i) Gold is still an inflation hedge ii) Gold...
A few key fundamental data across the board next week to kick start Feburary 1) FOMC - 25 bps All risk assets moon , DXY continues its bearish momentum - 50bps ( very likely ) - Talks about extended rate hikes to continue its fight for inflation, DXY to gain short term strength and risk assets to continue its decline - 75bps Definite crash 2) ADP / JOLTS / USD
1:2 Risk reward gold trade gold is bullish until 1950 price level and it will turn bearish there
#Crypto Idea ; 001 #Exness Broker #XAUUSD XAU GOLD #GOLD #XAUUAS is Looking for 1830 Resistance Follow Us On Our Social Link In our BIO Keep in mind. 🟢 Multiple Rejection Structure 🟣 Monthly Frame Structure. 🔴 Weekly Frame Structure. 🔵 Daily Frame Structure. 🟡 4.H Frame Structure. ⚪️ 1.H Frame...
XAUUSD - H4 - After a big sell off now we can expect a pullback on this pair as dollar eases off for now. Expect a rally upto 1740-50s before looking to take shorts again.
Possibility of a bounce up in Gold from this level if the support does not break I will wait for another opportunity and I believe during the FOMC meeting, we might get a quick dip below 1800 in Gold.
Heyo! My idea for gold, for now, if it breaks at AREA 1 (around 1860) we can target some levels like 1865/1870. But if we see a push down to AREA 2 (around 1846) we can target some levels like 1840/1834. I believe that gold can go higher! So I am bullish right now, and you? What you think it will be the movement of gold next few days? * I will start...
On the weekly time frame, prices are testing a key support level at 1842, where we could see further upside. On the H2 time frame, prices broke above the descending trend line, suggesting a shift from a bearish to bullish order flow. A throwback to its support area at 1824.80, in line with the 78.6% Fibonacci retracement and 61.8% Fibonacci retracement presents an...
- Why is Bitcoin the only one being talked about? - Why is Bitcoin only analyzed in a Logarithmic Chart? - Hasn't GOLD demonstrated for years its GREAT power? Here we will review the strength and importance that Gold will have for the next 10 years at least. Welcome to the Logarithmic Gold Chart Good Luck. !
So here traders as we can see gold has broke the downwards trend line and created a nice support level for us, I suggest waiting for gold to retest that support level and take your trade from there, you can either set take profit at my risk to reward ratio which I suggest or the red resistance line, good luck traders!
Effect Rusia VS Ukraina it's warning for the Gold and the market. I see August 2020 had a same happening at Beirut and it's make the Gold Fly high and i think the gold can be fly high again and reach the top 2075 like before. Now, all the market is messy and be affected. That's my opinion... Have a nice day...