OANDA:XAUUSD Gold Analysis Setup My opinion for long
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
- There are two special indicators that affect GOLD today. Among them will be an ISM SERVICE PMI, and a FOMC MEMBER SPEECH. These are very important ECONOMIC INDICATORS and these are quite HIGH VOLATILIE INDICATORS. - US10Y currently stands at 2.44% LEVEL. USD10Y LONG TERM UP is going to be up if this MARKET CONDITION is SUPPORT to USD. Also, when we look at...
Gold started this week with an upside gap like the last week and tested above the $2002 price zone. Last week's high was $1970, and the gold price is stabilizing above the $1970. So from the present rate, $1970 will work as minor and near-term support. So, in the short-term picture, if gold is correct, nearly $1970/1980 zone may be a buying opportunity, and...
gold daily trade setup i m expecting 2020 if market change strcutre in sell i will update otherwise gold is bulish
The sell idea from earlier got stopped out. There was news released regarding Ukraine and caused a bullish breakout. If price respects this level of support, it can continue to retest the highs from yesterday. Waiting for support to be formed to validate my trade idea.
Overall trend is currently bullish and this bearish move down could just be a retracement. Price has rejected the 200 EMA and also created a wick rejection. Even though the market structure was broken, I think there will be continued bullish momentum. 1. Strong bearish candles/momentum 2. New low was formed 3.Price broke market structure 4. Price being supported...
I entered the LONG position on GOLD at the price of 1787. My target is close to 1830. I am constantly moving my SL higher to save my profit.
Either gold will reverse right now and breakout or take support from the green trend line and then go to the red line and breakout. Reason: reason for gold to be bullish is the FED interest rate hike on March,22 which will create panic in the stock market and make commodities ( silver , gold ) bullish
A huge drop on Gold. It is possible that price can begin to retrace during the Asian session and London session to build up momentum to continue to the downside. Wait for a solid retracement and resistance to form. Once price begins to reject, there is a strong possibility for price to retest the lows that were created today. 1.Strong impulse Bearish candle 2....
Gold is an uptrend in the long time frame, like monthly and weekly. However, the market seems in range and bound in the daily chart. In the last week, inflation has risen, and the USA cannot print its retail and core retail sales positively. Even omicron is still spreading all over the world. This week Tsunami Tonga hits. So, it is clear that most of the...
Gold is challenging its long-term trendline support. However, gold's market movement doesn't seem that investors are scared about Omicron variation. Breaking below $1760/1765 will invalidate its uptrend from August 2021. If we see gold price breaks below the $1760 price zone, we may go short. Our first target to the downside is $1725/1720, and the final target...
Gold prices have been on an impressive run the past few months, climbing from $1,540 at the beginning of September to a high just shy of $1,867 last week. However, that might be about all people who will get out if higher inflation numbers and geopolitical tensions continue weighing heavily into risk sentiment. It has seen increased expectations for rate hikes...
Gold suffered heavy losses last Friday. In addition, the 10-year US Treasury bond yield rose more than 1% on Friday, indicating that investors are becoming less confident in the economy's stability and strength of their earnings potentials. However, the latest retail sales report shows positive economic data like better-than-expected retail figures for October...
Gold prices continued their downward trend on Friday, with XAU/USD trading down 1.87%. The sell-off takes price into a critical support pivot, and we're looking for possible inflection off this threshold in the days ahead, as there is an update from The Federal Reserve next week about interest rates that you need to know. Look back at my analysis, I had mention...
Gold has risen in three weeks due to a weaker dollar. CPI data for the US was released on September 14th, and the earlier CPI data was 0.5 percent. We may see a sideways market in gold this week. I see a pullback around 1808 and 1800 as an opportunity to go long gold before the US CPI data is out. My trading strategy isn't intended to be used as a signal...