Hi Fellow Realistic Traders. Here's my latest price action analysis on Gold! After hitting the multiple rejection area, OANDA:XAUUSD formed an inverted hammer and swing high. The chart and stochastic also indicate a bearish divergence, confirming a bearish reversal scenario or downward movement. Historically, when observing the current price correction on Gold,...
The hourly line of the gold price still remains under pressure, and even if it rebounds, it is not strong enough. The gold price once rebounded to the 2007 line, and it is the same today. It has become a double top situation near 2007, and the K-line is still struggling fearlessly, so go short directly. Already shorted in 1998 Operation strategy: short gold at...
The analysis conducted on the XAU/USD pair is based on support and resistance levels. By plotting S/R, I identified these zones, and considering the current uptrend after a correction last week, I observed the following: H4 (4-hour chart): The trend and RS zones are evident. M30 (30-minute chart): We can observe the price action, which is present twice,...
XAUUSD D1 Little tedious from gold at the moment, but that is very much the case with a lot of our setups. If we start to see the DXY fall of and reverse trend, this will certainly set the tone and bias for the next handful of weeks. As we sit on a break/retest and possible pivot. We just need to sit patiently and wait for zones to approach and alerts to trigger.
hey traders its my target short closed at dynamic lvl this lvl confirmed by . . . Confirmed by S&D strategy Confirmed by PA Confirmed by FIB EXT Confirmed by PA so its a strong lvl wont b valid if price break down this zone in 4H or daily TF what u think ? share ur chart and leave a comment
XAUUSD H4 Awaiting breakout from XAUUSD range here. Looking like a strong bull run this morning as we enter this weeks trading, no doubt in line with the softening/correcting dollar. Still technically in a range on the H4 which would need to break upside for deeper corrections, which may then tie in with 104.300. Nothing attractive in terms of entry at the...
As you can see, gold direction at high timeframe still on short position, so this is my map to sell
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: For the second consecutive day, the price of gold is trading with a negative bias. However, there has been no significant follow-through in this downward movement and the price remains within a familiar range that it has held for about a week. Currently, the XAU/USD pair is just below $1,940,...
Upon careful observation of the gold market, a distinct bearish channel emerges, suggesting ample space for potential downward movement. As we closely monitor the price action, the critical question remains: will we witness a touch of the channel's lower boundary?"
After a few days, daily support at 1924 was broken. So, what's next? In my opinion, there are two important supports on the daily and weekly charts. As a result, a break from those levels may result in additional decline. On the other hand, if rejection occurs, the next resistance will be in 1941. Keep an eye on the weekly trendline as well. Let me know what...
hey traders check the chart ill take this fib ext + dynamic lvl as minor resistance around 2085 - 2130 wont b valid if price break up in weekly or break up and stabilize in Daily TF what u think ? share ur chart and leave a comment
I wanted to bring to your attention the recent developments in the gold market that have sparked concerns and prompted a cautious approach toward gold trading. Over the past few weeks, we have witnessed a significant rise in the value of the US dollar, which has subsequently impacted the price of gold. Gold tends to face downward pressure as the dollar...
Hello traders, here is my view for XAUUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders; In order to order follow I am waiting for more PA to enter to trade. But in this condition, I have an idea for trade. For me, the trend is bearish to the down-mentioned area unless I see evidence of a bullish trend, in this case, this post will be updated.
A Global Level of Imbalance (H1) has formed. (+) An imbalance of M15 has formed at the upper boundary of the H1 Range. (+) The price is higher than the market opening. (+) Resistance is the zone of imbalance of the open interest of stock options. (+) input: 1927.43 (input on imbalance test) stop: 1931.02 tp-1: 1923.81 tp-2: 1916.52
Annotations on chart. Classic market maker moves. Auction higher only to pull the rug. this is like my final take on it. Its good to analyze over and over again bec price will do what it will do. But same thoughts remain from start of June. Still same.. just reinforcing the idea..
not a financial advice, just my idea based on my bias
not a financial advice, just an idea based on my bias and interpretation of the market.