Gold Setup on Fundamental New | H1 timeframe
Welcome Back Traders !
-Todays at a Same Time 4 High Impact news going to happened
-This idea is based on Educational Purposes
-In Last FOMC and CPI news gold use the same move
-Strong Resistance at 2015-2020 if these news tried to break this zone we furthermore expected 2028-2030 point
- But Remember overall plan...
US Initial Job Claim is anticipated to be negative making the Dollar weak against Gold. Initially we anticipate to hit targets 2035.41 & 2056.95. US Existing Home Sales is expected to be negative for the Dollar
Gold reversing off the $2005 pivot with divergence. Divergence also evident on the 4hourly. Bulls will need a closure above $2055 to break out the bullish flag which would then target the previous high from early December at around $2140. First target $2030-$2040.
After spiking amidst the banking panic of early 2023, gold steadily declined throughout the summer, before charging forward towards a spectacular year-end finish. Although a weak 2024 debut has tarnished the yellow metal in the eyes of some, it could be headed for new highs much sooner than they expect.
As Gold has been falling for the past few weeks. We could see momentum pick up in the direction of gold gaining in value. Since the BTC ETF's have been approved we saw a bit of a stabilized movement with the pair. With this sentiment & analysis we saw the safe haven.. gold drop..from the looks of what it happening currently it could technically still be on a...
Nice setup on Gold, it's approaching major H4 trendline as a support, and on smaller timeframe (M15) it's trying to broke up the resistance trendline. I see a nice bullish divergence on M15 timeframe, target is the next liquidity zone
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
New Trade: XAUUSD Long Position
Entry: 2028
Stop Loss: 2025.50
Take Profit: 2042
Trade Strategy:
Initiating a long position with an entry at 2028, a stop loss at 2025.50, and a take profit at 2042. This strategy is designed to capture potential upward momentum while keeping risk exposure controlled.
Low Risk, High Reward Trade:
This XAUUSD trade positions...
In terms of the one-hour trend, the price of gold is currently back on support. In addition, the current trend of gold is still in a bullish trend. After the adjustment is in place within the day, it is expected to continue towards the high of 2063.
From a technical point of view, yesterday's daily closing line was in a state of being wrapped up by the previous...
since last week gold had a very indecisive and unclear price action the overall direction was unclear but since geopolitical situation is getting serious and serious i think we should be looking at the bullish direction.
i have found a pretty good scenario with a good entry if a bullish move occurs .
First the price reached a daily keylevel and fibbonacci...
Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we can see that GOLD started bearish price action on 1H timeframe, so I will look for a short position if price fills the imbalance higher and then rejects from bearish order block.
Like, comment and subscribe to be in touch with my content!
A bullish flag pattern is a continuation trend which is built by 3 steps:
1. A flag pole, the size of movement up before the tunnel pattern started.
2. A tunnel pattern going down (flag)
3. Breakout above tunnel, movement up projected the size of the flag pole.
Currently, we are step number 3.
A breakout above the flag roof had been confirmed.
A retest of the...
Hello friends.
Hope yore well.
Lets take a quick look at Gold :
1.we approch a mid-term valid trendline and it can be considered as a pullback to this line.
2.as you can see price bounce from this trendline with a strong engulf candlestick.
3.a short-term trendline breaks too and we saw a pullback to it as well
4.Also we can see a Bullish Divergence in oversold...
The recent market focus is still on geopolitical conflicts. The current Palestinian-Israeli conflict has exceeded 100 days, Israel continues its fierce offensive, and the Houthi militia threatens to respond to the US air strikes on Yemen. This makes global investment risks continue to rise, and gold is in economic turmoil. Performance has been strong during the...
As Gold has made a double bottom and is now going to have a rally upwards so we will have to watch for a price action like a Morbozu doji or Engulfing pattern to identify the buy side trade as far as the condition is concerned we will be taking a buy side trade
On Monday, international gold opened with narrow range fluctuations, and market transactions were light. The impact of factors at the end of last week has weakened. In addition, there is no focus on data during the day, and the trend will be guided by technical signals. Maintain the current trend after breaking through the short-term moving average and mid-track...
OANDA:XAUUSD The weekly, daily,4h and 1h on gold is bullish with price have retraced to 2046.708 1h support, forming a bullish engulfing candlestick for buys
