Going long from discount area 1.5% risk good R:R, see this as high risk trade so tight SL and will.secure BE soon as possible.
GOLD: Bullish - FLAG detected + Breakout of the range. 1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$. 2- When we break a range the Take profit should be the Height of the range. Then the TP2 is expected around 2 518$. 3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is...
OANDA:XAUUSD in my last chart, I had faults in analysing and predicting the wrong position for selling gold but, In general, the trend was correctly predicted and there was a downward trend ahead.
two days before we have published a chart showing potential movement of xauusd and its possible downward tends and upto what level it will fall. we have explained that if it breaches 2407 then it may fall to 2376 bullish targets: 2440 2433 done 2427 done 2421 done ...
seeing sells on gold as we have a change of character, now we are looking at a downtrend.
On the H1, XAUUSD has formed a descending triangle pattern, and the price is squeezed to support corresponding to 161.8 Fibonacci. The indicators do not give clear signals, making considering two possible scenarios necessary. 🔽 If the bears push the Gold below the support at 2415, the downside target will be 2395; 🔼 However, if the upper trend line is broken, the...
Price currently trades at $2416 level. It may plummet to 2400 as we anticipate a report from fomc meeting later in the day. A sell opportunity is envisaged.
The level maintain as we await market movement... any aideas out there?
True Open daily at 00.00 (NY TIME) - Targeting Manipulation during London session and expecting a bullish trend during NY session. Targeting 2368.35 as TP . Bismillah~~~
In this video i explained how to use market structure and fibonacci to pick a high probable trade. this strategy is simple and profitable if you can learn how to see the structure in the price action
price is up again and made new all time high investors bought the dip at $2300 psychological level this new rally is testing upper and lower yellow line price has made yellow parallel channel
The instrument has been trading in a bullish trend and it appears as if it found support inside a key zone. From this point, looking for long opportunities IF breakout of the triangular trading zone. Please do your own analysis before placing any trades. Cheers and happy trading.
Hey team, Hope you are Enjoying our ideas and Analysis Today we are monitoring XAUUSD Looking for Bearish OB Around 2418-1825 Still There is Upside a Strong Support Around 2440-45 We Can Expect How Market React on .... In Short XAUUSD UPDATE Sell limit 2421-2425 Tp1 2415 Tp2 2407 TP3 2400 TP4 2380 SL 2455 Use proper Money Management Good luck Guy's
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 21 May 2024 BUY LIMIT Order: $2423.68 Stop Loss: $2407.09 Take Profit 1: $2440.03 Take Profit 2: $2461.76 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
💥 GOLD information World gold prices increased with spot gold increasing by 21.9 USD to 2,357.6 USD/ounce. Gold futures last traded at 2,363.6 USD/ounce, up 21.1 USD compared to yesterday morning. Weakness in the USD and Treasury yields following US producer price data for April provided a boost to the yellow metal. The dollar fell 0.2% after US data made gold...
Note: Monthly Wick fill complete, Therefore, looking for a Gold to continue its needs to develop a continuation retrace pattern, hence for my confirmation i am looking for close below the sma, which by the look Gold has been moving Far away from the sma confirmation, hence expecting a Massive drop for the continuation , also this played a Turtle soup this Monday,...
OANDA:XAUUSD Gold price holds its upbeat momentum intact on Monday, sitting at fresh record highs of $2,450 in the European session. The bright metal benefits from renewed hopes for Fed rate cuts and renewed geopolitical tensions surrounding Iran. Fedspeak is next on tap.
Based on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights: Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is...