The XAU/USD pair shows a corrective decline, retreating from the record highs of March 2022, updated the day before. The instrument is testing 2010.00 for a breakdown, waiting for new drivers to appear on the market. Investors are in no hurry to open new positions in anticipation of tomorrow's publication of the March report on the US labor market, which may...
Due to the weakness of liquidity and the worldwide economy, we see that the Gold have no any power for any more increases, as we believe once that Fed. Bank start increases % again the cold will start targeting new low prices. This Analysis will be canceled if the Gold cross over the 1977.7
Dear traders gold was up trend and it still in cosolidation after breaking below 1974 it may retest this area so I expect gold if he reject 1966 and still above this zone it will be chance to look for buy and if he reject resistance at area 1979 and close below it will be change to sell target will be long trade safe Good luck
Good evening gold gang!! hope you are well. After another day of smashing the targets .. heres what i can see for the asian session. Price is heavily bearish on all timeframes other than monthly .. so i can say that sells are preferred. This doesnt rule out buys .. we just have to be careful not to take them too close .. we need confirmation of bullish...
Good evening gold gang! Huge drops today on gold! i caught the initial move from london which ran to my target perfectly! (hope you guys got it too) After such a massive move im expecting a pull back. I have my area marked up for the pull back on my chart after a support has formed on the lower time frames. No pull back should see price drop down to the next...
Time an update regarding XAUUSD. My position I had "unfortunately" closed. Profits were realized and that is the most important. New entry opportunities will arise. I still stand by my thesis that we will see in the near future first falling gold prices. Much to learn I have.
Bearish Flag on Gold in Lower Timeframe The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower.
The current 30 mins candle (UTC 21:30 to 22:00) has a higher probability of being a green candle than a red candle.
#GOLD I BELIEVE THE CHART SAYS EVERYTHING, BUT JUST TO BE MORE CLEAR, GOLD HAS BEEN UP & DOWN BETWEEN 2K * 1.6K FOR A LONG TIME NOW, IT HAS GIVEN SELL DIVERGENCE BASED ON BUNCH OF OSCILLATOR INDICATORS AS WELL AS ITS BEEN ON OVERBOUGHT LEVEL FOR A LONG TIME, BUT I BELIEVE AS YOU CAN SEE ON THE CHART THERE IS MORE TO BULLISH MOVEMENT AS IT MIGHT CREATE TRIPLE TOP...
XAUUSD is touching 4h timeframe support here. However, this support has been tested several times. The vulnerability of this support is quite high.
We recommend you to buy GOLD at this levels as you can see we have a good setup + pullback on 4H timeframe
On the M30 time frame, prices are approaching the support zone at 1909.50, in line with the 61.8% Fibonacci retracement and extension levels, where a throwback to this zone could present an opportunity to play the bounce. Prices are holding above the Ichimoku cloud, supporting the bullish bias.
Gold has been on clear uptrend since double bottom chart formation was formed on 2nd November 2022, The recent price stalling was a brief pull back after the massive impulsive weave which paved way for another impulse wave that might reward traders with over 680 pips bring the price to $1980 per OUNCE according to DANCOLNATION TRADING STRATEGY
FXOPEN:XAUUSD Entry 1845.1 Take profit1839.72 Stop loss 1850.12 RR: 1:1 Correction of the initial impulsive move
Bearish Indications (BIASED SHORT) 1. Rejected or retest from a resistance level 2. Formation of Bearish Diamond Pattern 3. Trend Line Broken 4. Bearish Divergence 5. Entry at Bearish Candle Neutral Indication 1. Price still in the range/consolidation phase Bullish Indications 1. By Breaking the resistance level and making a new HL then the trend will be bullish
The price is moving in the designated channel (red lines). I expect a bounce to the upper limit of the channel. Beware of false breakout. TP around 1810. GG P.S. This is not financial advice of course, just my idea.
xauusd my Analysis xauusd also breakout the parallel channel we next days it retest the trendline ...