Gold Selling Zone 1973. 1980. 1992. 2017. 2037. 2055. Technical Overview From a technical perspective, some follow-through selling below the $1,950 region will be seen as a fresh trigger for bearish traders and expose the 100-day Simple Moving Average (SMA), currently pegged near the $1,931 zone. Failure to defend the said support will make the Gold price...
Personally, the CPI data is expected to be positive for the U.S. dollar index and negative for gold. Before the data is released, gold is expected to rise first and then fall, or fall directly, and may fall below 2000 points. Finally, I wish you good luck, and I will update the channel with the latest news.
Peace be upon you, gold has reached strong support. There is a possibility of a rebound from this area. 1840 levels can be seen.
Trading can be really fun when there is clarity and confidence. So here is my "Potential" trade idea on Gold (XUAUSD.) We have been on a Bull run for a long time, we have also been playing around (Accumulation Phase) for some time and we have created what I love to call Flip Zone, i.e, Resistance turn Support, same Support got broken and now turns Resistance....
XAUUSD (GOLD) hows now broken a key-level 18.25 and touches 18.30, looking recent patterns we can see when gold breaks highs it tends to consolidate, so now seems the time be patience and allow XAUUSD(GOLD) to go east for 1-3 days. We could see gold retest 18-18.15 if it doesn't want to become bearish and remain bullish we could see it test 18.5 .
Gold showing weak buy presence around 1820.62 - 1824.65 could lead to possible bear rally, on the monthly chart frame it shows that in January on previous years its starts the year with a bear rally. Furthermore gold has had a strong bull rally for a while with no significant pullback could we see this at the start of 2023?
XAUUSD Forecast and analysis look to sell it after retest
Short on Break and Retest of this level. Stop loss above pervious high and take profit at the support below just above 38>2% retracement with good 1: 3 risk reward. Risky trade as it is against the trend
good rrr prefect for short . have fun . u can sell down there ... on 1:2 or 1:3 . my desition is final . make comment below if u like it or any suggestion maybe ?
Leaving every thing same GOLD still looks forward down to 1680 as it formed reverse cup and handle pattern. As i'm new to TV and novice in chart pattern and analysis as i do mostly Price action only. I would really appreiciate all the comments and feedbacks : Not a financial advice to anyone to use it as a trade advice/.
The gold index has strong support in 4-hour time frame. If buyers have a lot of power, they can enter into a deal by confirming the candle. If the sellers succeed, log in again with the confirmation of the candle. Risk has a very good reward GOOD LUCK
hi guys i see good setup in gold with high Rr can we make the Tp , let see ☺ .) !!!!!!!
My idea on XAUUSD with R/R 9.68 TP till HL on daily Let's see what the market will bring us
XAUUSD is in its correction part completed its A and B part and is in its C part , i has also followed wolf wave in which it will still go down a little and then will move upward minimum toward tendline resistance or maximum daily resistance and will short potentially.. fingers crossed , keep enjoying , happy trading
gold has pumped to 1795 like mentioned in my previous analysis and now having issues to break above it , besides it we have a beautiful bearish harmonic pattern formed under that strong resistance (1795), if gold doesn't break it with a clean and green candle , it will surely fall to 1782 levels once again and if it breaks under it will keep pushing down to...
If we observe the US dollar index on monthly timeframe, we can observe that currently it's in the correction phase. If we look at the past support and draw a Fibonacci retracement it shows that support levels falls at 38% of that which gives us a clear picture of it too. So as soon the dollar index completes its correction it will start going up which will affect...
Gold trends have bearish sentiment over the long run. We might be headed lower into the buy zones until gold starts seeing bullish pressure accumulating in the buy zones and having another spike inro our sell zones before dropping lower..
Hello friends As you can see, gold is still falling, and in my opinion, if you lose the support of 1766, the next support, 1690, will decrease.