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...
Gold vs US Dollar broke a significant support level at 1282.69 Wait for a pullback and Short the pair. TP 1 at 1266.13 TP 2 at 1248.00 Good luck everyone!
Circled you can see where price tried to break support but failed and bounced back up, And as you can see price is currently at this support level again so we are going to sit back and watch what price does before jumping in this trade. A break of such a strong level could see price make even more bearish movement whereas a bounce could see the bulls take over...
XAUUSD - Gold - Overall BULLISH to $1358
I will be looking for shorts @ the 1306.000 zone, my TP will be 38.20% or 61.80% of the Daily retracement level (check previous post); from here I am expecting a continuation of the daily rally following the break of structure. There is also an inverse head and shoulder formation on the 4H TF which is added confluence for this trade idea. All feedback welcome x TMC
Gold - BEARISH - Position Trade - TP - $1250
I believe we will see Gold continue to push downside all the way down to 1240.00 to 1230.00 . We may see a pullback before another strong push downside, but we have also broke a very strong key level . If we seem to keep rejecting, we could very well see Gold just dive bomb downside. Look to sell the pullbacks , very simple & clean cut. Market structure has...
check chart, looking for a juicy bounce. check impulse buys/longs + volume confirmation on shorter timeframes to open longs. Break of support to downside could signal a heavy fall.
Gold has finally broken below the neckline of an HnS which has been forming since the beginning of the year. This is a clear sign of a bearish trend but we always avoid chasing after the trend whenever a breakout happens. Instead, wait for the price to pull back and retest the breakout level (neckline) to see if there's any more demand left and if there's more...
Open SELL order 1287.3 SL 1291.2 TP 1277 RRR - 1:2.62 Interesting sell situation. Lets catch profit :)
We can see that XAUUSD is overall in a bearish trend at the moment after a few days of downwards movement but we are expecting to have a slight pullback before price carries on making moves to the downside, this pullback is currently happening at the moment and we are expecting a further bullish move of around 40-50 pips before price carries on going down. Now...
Hello again. Look to GOLD. It went to down more. I think, it will pull up today. My estimation is 100 pips approximately. I hope that I am not wrong. Good luck!