Gold , or as denote the main trading pair XAUUSD , has been gaining a lot of attention around itself in recent years.
As soon as major analysts or hedge fund top-managers begin to say that the next crisis is near, investors immediately start buying gold as a defensive asset, and its price, accordingly, goes up.
Let's walk a little through the history of the...
Technical Analysis:
- As you can see in weekly chart, XAU has just complete wave ((2)) in black
- We expect that it continues to go up
- H1 & H4 right side is turning up
Technical Information:
- If you're a medium term trader, you can buy XAU in next hours
Technical Analysis:
- Gold (XAU) has just now made a new high since July, 2020
- It has a Weekly and H4 Bullish Structure
- Now the wave (2) in blue is about to complete
- H1 and H4 is turning up
Technical Information:
- If you're swing trader you can buy when the wave (2) is completed
- Do't sell XAU now
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Gold has always been a haven for investors during uncertain times, and it's no different now. With the global pandemic, economic instability, and political turmoil, gold shines brighter than...
Big sell-off from gold due to that non-farm payroll data .... but again any pull back and re-test on the breakout area, is another opportunity to look for shorts. Good luck and happy trading guys.
Gold have shown bit but not convincing reversal signal. If gold is to be found below 1700 again the next target should be at 1695-80s which once broken comes 1677 a move to 1660s not ruled out. If the downpart of the yellow uptrend holds that keeps gold hopeful of move back to 1878 and year high. Break below 1660s to limit upside potential and kill dream of move...
Gold keep struggling to find comfort below 1823. Beside that the market has been choppy which is not fun to trade. And we all hoping on Fed Chair speech to be the next catalyst to kill the boredom. I see Powell,Lagarde and Bailey speech scheduled same time which means they're all be featured in one programme. I pray that that do the needful because personally I ...
Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color which we have currently BROKEN
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an...
Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in yellow color I added only for explanation purposes to show where the downtrend was broken.
We have 2 Uptrend in green color (Internal Uptrend and Long Term Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have...
Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1Downtrend in red color (Long Term and Internal Trend)
We have 2 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use...
Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 2 Uptrend in green color (Internal Uptrend and Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an...
Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of...
So as you can see I gave you entry price and targets for gold for daily timeframe.
This is something magical believe me:
This is my SNIPER STRATEGY and I will guarantee it will work like a clock although I have to say it can not predict pullbacks but it will give you a huge profit.
so stay tuned for more
XAUUSD in the daily time frame, descending channel and we can see that resistance under of 200 daily ma & we can assume 1854 is a supply zone.
personally I am looking for leg down and if we get rejected off here we can see a bearish momentum. either, breakout will take us back to above 2000 level.
Please consider to put a like to my idea for supporting me &...
Sometimes it can be as easy as buy low and sell high, and within this technical analysis I will walk you through what low and high means for gold at the moment. Everything should be easily available on the chart and self-explanatory. If you have any questions, feel free to drop a comment or DM me.
In this technical analysis I share my current views on XAU/USD (Gold). I tried to make the chart as self-explanatory as possible, but feel free to reach out or drop a comment if you have any questions.
In this technical analysis I will discuss in-depth how you can prepare for some gold trades this week.
From my previous ideas you can see why I decided to add certain horizontal levels to the chart and how to use them. You might also have seen that I have been quite bullish on gold and that I was surprised how much it has dropped recently.
That's why this time...
