OANDA:XAUUSD reverses. The price overcomes several resistances and updates the local high, when retesting the liquidity area, to 1935 If we pay attention to the high timeframe, we can see that the price overcomes the resistance of the downtrend (wedge). The daily candle on Monday closed almost at the daily high, which is a strong signal that with another...
🔸Hello traders, today let's review the 8 hour chart for gold. Recently solid gains off the lows near 1890 usd and currently expecting more gains in this market going into September. short-term pullback in progress, expecting pullback to complete near 1900/1905 usd. 🔸Setup is based on speculative XABCD structure, point X at 1965, point A and 1890, point B at 1948,...
On XAUUSD, we have a bullish setup as the market is gaining strength in anticipation of a new monetary tightening by the Fed. I noticed a breakout of a significant swing high, leading to the creation of a demand zone at the level of 1920-1930. I'll await a bounce within this range, where I'll assess the presence of at least one structural change at the 15-minute...
Last time we looked at Gold (XAUUSD), it gave us two sell opportunities both of which hit their targets (see chart below): The price has been rising since, supported by the 1H MA50 (blue trend-line) and on top of that, the 1H Golden Cross has been formed. Last time we saw that pattern was on August 23. On that fractal, once the 1H MA50 broke, the price...
2023.9.19 GBPUSD remain relatively low Hello, I'm Older Duan. Today is Tuesday, September 19th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has maintained a...
xauusd chart analysis 1hours time frame. if breakout 1934 so you can buy, if xauusd breakdown 1931level so can sell.
#XAUUSD Gold rises towards the resistance zone at Monday's market opening, we expect the price to fall to $1,917.20 before breaking out of the current supply zone and heading towards the value area around $1,939 .30-$1,940. We can basically aim to buy short term when the price breaks and rises literally above $1933. 🔥GOLD SELL (1928-1932.5) 🟢TP 1 1926 🟢TP2...
Today, gold is performing very strongly, and it can't even fall in 1922, but it hasn't broken through 1930 yet, so it's still uncertain about the direction of gold. Now we can only judge that the approximate range of gold is 1920-1930. So we trade around the range. Short-term fast trading Gold:buy1915-1920 TP1:1925 TP2:1927 TP3:1930 (If you break through...
hello dear traders , I hope you all are having a great start trading week , here's my intraday analysis for gold a welcome gift from me to you guys since it's been a while since I lastly posted ;) so if we check the daily chart we can see that the price have broken the most recent daily high at . this shows that gold getting strenght to keep on with it's...
Lets see were gold is at right know. During Asia gold managed to climb till 1934. I anticipated gold to move a little bit higher and then fall(Around 1935-1938). But gold managed to reject at 1934 because of a smaller supply zone at this level. A well it indicates our zone was good for selling. Hopefully you guys managed to grab some profit. It is posible during...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulse and Correction. Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout the Upper Trendline , It can Reject from the Fibonacci Level - 61.80% / 78.60% to Complete its Retracement
Based on the H4 chart analysis, we can see that the price is at off our buy entry at 1925, which is a pullback overlap support. Our take profit will be at 1934, which is an overlap resistance level. The stop loss will be placed at 1916.9, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
After the Pin Bar candle from last week, which very well could be an indication for a bottom, Gold also started the week with a green cand, testing again the 1930-1935 zone resistance that I've spoken about in several locations last week. Now XauUsd is in a small correction and a genuine up break could follow. A clear break above this zone would expose the next...
support and resistance guide natural gas gold silver DXY forecast
17 Sept 23 - Analysis: OANDA:XAUUSD TVC:DXY a) 4H TF: Fib retracement perfectly aligned and respected previous levels. We can expect pullback to 1930 (0.786 Feb levels) b) 4H TF: Trendline resistance at 1938 levels. c) 4H TF: If it goes beyond 1952 to 1959 levels then its a GIANT bullish move because its a new HH and this might also create new HL. D) 4H...
Alselv hello everyone, let's comment on the Gold price this week. Currently, today's gold price continues to show strength when trading around the 1933 USD mark. However, high gold prices and the weakness of the Chinese and Indian currencies against the US dollar will continue to weigh on demand for gold.
R3 LRS 1944 (SMC Supply Area) R2 MRS 1938 (SMC Supply Area) R1 HRS 1934 S1 HRB 1929 S2 MRB 1919 S3 LRB 1909 (SMC Demand Area) SELL> 1934 - 1938 BUY> 1919 - 1929 FOLLOW UP D1 On support Sma44/1927 Sma200/1923 W1 On support Sma44 / 1915 MN 38.2% / 1903 Macro Fibo at strong SupportOBSERVATIONS:Golden Cross in H1, meeting of SMAs in H4, All large time frames’...