This trade is only valid for today. Risk to Reward: 1:2 Limit buy order @2417 TP:2459 SL:2396
Gold analysis Buy some quantity at the first order block ....at 2398-2402...if it comes down to average positions at order block 2 ....at 2375-2380.....for 2450 and 2500 targets.....do your own analysis before investing
#XAUUSD UPDATE Hey team hope you all are enjoying our ideas and analysis now we are here to discuss about XAUUSD. XAUUSD is exactly on the way as predicted already in good gain after this breakout. We can see gain here upto 300Pips+ soon. Keep in touch we will update further soon.
On Tuesday (May 21) in the European session, gold rose by about $15 in the short term and is currently trading at 2414-2422. Gold hit a record high of $2450 on Monday due to the news of the death of the Iranian president, which also triggered a discussion on whether gold has the hope of hitting the $2500 mark in the short term. However, as the US session...
Gold seems likely to move down to 2400 as the main draw on liquidity, with the 4 HR support on 2400
XAUUSD LONG (GOLD) Trade Reason : 1) 4Hr - Uptrend and correction phase 2) 30min - Trend reversal Happen 3) Additional Confirmation - Double Bottom also Entry -2384.700 Target - 2395 Stoploss - 2369.800 Happy Trading
- Gold create a surprise and pushed for extended wave 5. - To my eye, wave 5 might be in a shape of contracting diagonal. - It's better to be flat for this move and avoid a whipsaw.
With the recent core CPI data not changing and remaining at 3.4% investors are still concerned with inflation hence they are buying gold to safe guard their buying power. This situation is most concerning to central banks around the world and they are the biggest buyers. I am of the opinion that we are going back to price discovery territory. Technically the...
- I expect correction to continue in near term before bullish action resumes - I's ok to be flat in the correction phase - don't need to have a position yet - I'd be looking for buys in the area of 2335-2355
good risk to reward ratio, quick scalp, dying momentum, head and shoulder pattern on m15 and m5 timeframes,
I think the XAUUSD can down to LL again and It will down with good job information
XAU/USD 1ST TP HIT🔥 Hi Traders trade send early morning 1st Tp hit We running in massive profit. can move stop loss I am a Certified Price action king
from the volatile market movements in us section 2407 now acts as a major pivot. any movements above this section will be a buy upto the area of upper interest 2450 and breach of this pivot will draw market down passing various supports down to 2376. PIVOT 2407 RESISTANCE 2427, 2436, 2449, 2463 SUPPORT 2407, 2400, 2397, 2392, 2383, 2376 support like...
Too early too say but if it breaks point B then we can see the price at point D in the coming days. Will have to wait 1 or 2 weeks to see this. On the other side if price breaks point C then all the scenerio is cancelled.
By examining the trend in the four-hour time frame, after the pullback to the broken resistance range in the range of 2372-2398, global gold can increase to the resistance of the ceiling of the ascending channel in the 200% Fibo range at $2858.
There is a potential trend reversal on the 1 hour time frame and probably afterwards following the down trend on higher timeframes. Stop loss: 2420 Take profit :2376 or wait for higher time frames.
OANDA:XAUUSD surged, moving towards its next key resistance zone at the 2400 level, where it closed above it. This is a significant bullish sign, as it marks the first time in history that the market has closed above this level on the daily timeframe. The market has also formed an inverse head and shoulder pattern, which has played out nicely. According to...
Weekly Analysis: -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First structural indication, but not confirmation that pullback has initiated would be for...