The support zone for XAUUSD remains intact. Hence, Traders can look for BUY entries near 1271 with SL below 1265. TPs can be set at 1285, 1293 and 1302 respectively. Look for BULLISH PRICE ACTION on lower time frames before entry.
Currently pushed back up into newly created supply and also in an overall selling market. Will not be surprised if we see the sellers push it back down once again. Let's see how it plays out.
Hello Traders! If you follow my ideas, you already know that I have been advising traders to BUY XAUUSD on DIPS at 1272-1275. Through this idea, I will try to present a good trading plan for XAUUSD with complete ENTRIES, TPs and SLs . So, I would like you to read the full analysis as I have attached the daily charts as well. In the weekly chart, we can see...
Hello Traders! In my previous Gold Idea, I advised you to buy a support zone of 1273-1275. As you can see, price climbed up more than 120 pips from the BUY ZONE. Now, whether XAUUSD will continue towards 1300 needs to be seen. I still believe in BUYING DIPS with targets of 1300 and beyond.
Hello Traders! XAUUSD broke out of a DESCENDING TRENDLINE(Orange Trendline), which is a good sign for GOLD BULLS. However, it dropped back below the trendline almost immediately which makes me wonder if it was a ''FAKE BREAKOUT". That being said, Gold seems to have found some SUPPORT IN THE LONG-TERM BULLISH TRENDLINE(Green Line) which increases the probability of...
Hello traders, for XAUUSD we don't have a specific outcome, what we are looking for is clear signs of reversal like breaking the trendline with an impulsive candle or a big impulsive candle to the upside for a touch in our monthly key level, all tho we do not have a fixed opinion about the movement we still think that this pair should be in your watchlist as it...
XAUUSD - Gold - Overall BULLISH to $1358
As seen on my 4 hours chart, market made a double bottom before pushing back up. I will either do a buy at this level or wait until market breaks and closes above the level identified on the chart. The reason for this is because although market made a double bottom which is usually a sign of a reversal, sometimes market will turn around and invalidate this signal...
Gold - BEARISH - Position Trade - TP - $1250
XAUUSD Potential Buy after a clear reversal candle formed on H4 and H1.
Good afternoon traders, Here we have a possible short position on gold , before entering we reccomend you to wait for a strong closure below 1311.00 with an impulsive candle, you can also look for entrys in a smaller timeframe such as 2H or even 1H. We also reccomend you to pay attention to the monthly key level as the trade can reverse! We will be updating as...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Gold is in a respected up trend. My plan is once it retests the trend-line support level, and The RSI marks oversold territory, I will buy on the pullback. Will have to see reversal confirmations once this level fulfills. Enjoy! Let me know your thoughts!
XAUUSD, I do feel bullish overall for GOLD, however in the short term I feel it needs to retest highlighted trend-line & support. Feeling neutral about GOLD at the moment, I personally do not have enough confirmations yet to place a confident trade.