SELL XAUUSD TO DESIGNATED SUPPLY ZONE/AVG LINE/BROKEN TREND. AND FROM THERE WE BUY. So in retrospect, We are shorting to go long.
Price has show a inverted hammer at our area of value followed by a bullish engulfing candlestick pulling it out of resistance area, would be looking to sell gold to the downside towards the order block (consolidation) before looking for buys to the upside, ultimately the 1860s
That's my analyse for gold , I wait gold to go at that level to test itself and then watch a confirmation for sell
G'day, Guys. Today we going to analyze XAUUSD / GOLD. Last week prediction moved as predicted. The only difference is the price move further high reaching for the swap zone that was created on 28 June 2021. I consider this zone is a strong resistance level, only high speculation happening is able to break this level. In case this level is broken, we looking...
I expect for gold to rise to the resistance area as shown in the chart above, we can sell from the resistance 1798/1814 to the targets 1780/1760. Good luck and trade with a good money management plan.
GOLD Short Setup Continuation trade: 👉🏻 With the recent dump due to NFP, price could be forming a huge WXY correction, with a 3-5-3 move. An extension of ABC in the Wave-Y is possible. 📰 Investors are also keeping an eye on Wednesday's CPI data. Zones
XAUUSD short idea :) Following trend line. Sp1 to Sp2. Thank you.
Fundamental is bear for us but technical is also bear for gold
ONLY ENTER AROUND 1806 LEVELS AND TP AT TP LEVELS FOR A R:R OF 1:1 Those seeking swings can hold for possible move to1789
❗Xauusd/ Gold Analysis Gold is still trending in the major Daily bearish momentum. According to Technical analysis and Market structure, gold made a lower high after failing to break above previous structure high After retesting the 50% retracement of the previous daily LH level Gold is now forming a Head&Shoulders indicating that there is a strong possibility of...
idea is to short and continue short until we hit 1490 . we have been rejected from 382 levels and 618 levels ( which was also 50% levels if you check on fibs i made ) so now its heading towards 786 levels which are at 1750-54 which can play as good support to play longs but if we close below 1750 on h4 or daily next target will be 1729 for shorts . we can look for...
Did some analysis and already took some profit but still see some potential shorts. Only time will tell.
FX:XAUUSD XAUUSD/Gold Analysis - The US Dollar fundamentals came out positive which can made the dollar to gain some strength of which Gold might get weak - by Following the technicals gold is now in a corrective fase of which we might see a bearish breakout due to the previous daily low that has been taken out and now been retested
Daily Suplly And Revers Qm Pattern And Sell in pullback Divergent In H1
On the daily it still looks bearish maybe some small pullbacks, my entry for this trade was at 1808, my SL is at 1825 and target 1 is at 1770. Also have confirmation on the lower TF where there was some good sell entries both expotential & simple moving averages crossed giving the perfect entries. Still waiting for the H1 & H4 to cross too confirm a long term...