GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Goldbuy
GOLD- BUY strategyGold starts looking like the beginning of a "lift-off".
We have been basing very well low $ 1,900 and likely we will be protected @ 1,880 as good support.
For now we BUY current, pr if wished for between $ 1,935-1,955 for a move back to $ 2,070. Yes, I feel see higher move even.
Just keep stop loss tight is my advise.
GOLF POSSIBLE SELLXAUUSD(GOLD)
We can clearly see here XAUUSD ( GOLD ) Again Bearish 10/05/22
As we see here GOLD is clearly RETEST at the level 0f Fibonacci Retracement level of 1947.50 from last
Now positioned at the level at 1947 which which is strong 4h Resistance which is tested more than three time
Now trend line and fibonacci suppose as to fall to level below 1899 whicis last week low
Overall GOLD SELL 10/05/22
GOLD SELL @ 1947.50
SL @ 1966
TP @ 1899
GOLD-BUY strategyNo change in view.
One can see clearly double bottom for GOLD and also good support cloud @ $ 1,800 area.
The MACD is negative still (lagging indicator) and that hampers the up move for now.
Strategy BUY $ 1,905 - 1,910 and take profit @ $ 2,040. I think we should try to hold this for the better return, but place a stop-loss below $ 1,865 for now.
GOLD-BUY strategyI have lifted my LONG 1,898 and sold it at @ 1,917. I am still having the view that we will see higher levels and we are well supported cloud, and also a low area stochastic.
The strategy will be once again BUY @ 1,898 area and place stop-loss $ 1,848. The profit order I scale down to $ 1,967 for now.
GOLD-BUY strategyIt was good I had taken profit before, and left it alone for awhile.
For now, the pattern suggest we may see buying opportunity, and I feel around $ 1,898 - 1,905 area is the start of it. The over all stop-loss I would place @ 1,848 for now. So we may be adding $ 1,885 if seen. Profit order likely near $ 1,995 for now.
XAUUSD Buy Profit BookedHLZ Supply and Demand Methodology
No-1 Gold 1963 is a Significant Demand Level which is engulfed at 4 march 22!,rejected from decision point 1899,second uptrend leg broke 1950
No-2 As I was expected In morning market retrace to the zone and done the retracement ,Now I m preferring to buy at 1947 area and market expected to bounce 1975-2020
No-3 this area 2020 we will see if market make rejection and complete a LH then we will short ,I m expecting a little bit more drop around 1948 and buy for long term target!
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GOLD > Buy if BreakUp TBox (Resist) Tf 4H or BO MidBand Tf Daily#GOLD Forecasts :
XAU-USD
Weekly > OveroBought
Daily > SideWay in Mid Area
4H > SideWay + Double Top
1H > Overbought
#Note: Ready to buy long on Tf Hourly, 4H, Daily :
Buy if BreakUp TBox ( Resistance ) Tf 4H
or
Breakout Mid Band Tf Daily
#iQTrader #SaDis
#Fx #FOREX💰
#ChartDiscountEverything
GOLD PUMP INCOMING?! BREAKOUT TARGETS!Hey everyone
Today i show you my GOLD Monthly Chart Analysis and my targets for Gold for next few years.
Gold broke out of the downtrend and i expect it to hit a new all time high soon!
How high can Gold go?
- I expect Gold to get up to 2500$ OZ within next 3 years from now.
Can you trade this?
- Yes i bought physical gold and aswell longed some online.
I hope you guys like this idea.
GOLD-BUY strategyI am still long @ $ 1,911 and will not add for now. However, if weakness sets in $ 1,880 I may add that time.
The pattern looks bottoming type, but am aware there might be some corrective action down.
For new entry BUY @ 1,920-1,925 and for the rest apply same strategy.
The profit order remains @ 2,035 for now.
GOLD-BUY strategyThe shape of the pattern suggests we will see higher levels building up. No change in view and long still $ 1,911.
For new strategy we BUY $ 1,915-1,925 for a move towards first objective $ 2,008 and if more patience $ 2,035. Will update changes if seen.
We add also on weakness $ 1,880-1,885 and suspect we are strong supported due to current ongoing crisis at least above $ 1,825 for now.
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD-BUY strategyAs I had discussed yesterday, GOLD had potential to move towards $ 1,930-1,950 window, and we even managed lower.
One can clearly observe the market of being in a "tag of war", the dragging upwards and downwards in a larger magnitude. This shows the unclear picture that people have of the whole situation.
technically, we should see GOLD hold a bit. We have moved from highs $ 2,070 to $ 1,910 area and this is a too steep decline, similarly when we moved upwards from $ 1,880 before. The strategy is therefore to BUY into weakness.
Strategy BUY current $ 1,910-1,930 window and place profit order @ 2,035 for now. We will add on weakness further, maybe @ 1,880-1,885 again. No stop-loss I will use, but am not advocating that you should not. If you do place the stop below $ 1,850 for now.
GOLD-BUY strategyThe pattern looks as if it may fall further towards $ 1,920-1,930. However, we have had a wide range up and down in the past. This indicates that the next move might be higher overall.
I suggest carefully to BUY $ 1,950 - $ 1,960 very small start. Then observe and add BUY much lower if seen at $ 1,920-1,925.
The profit order is somewhere $ 2,040 for now.
GOLD to new All Time Highs.. Are we looking at GOLD about to turn into new all time highs.
The last 2 sharp retracements have been 100 points into the 50-61.8% area from the previous rise. If the market repeats then 2163 is the upside target or 2134 is the 1.618% extension from this retracement.
Another option is a rally into 2020 then another leg lower to 1920 before the next run up.
The AI for the day has the GOLD rallying into tomorrow, another piece to add to the puzzle.
Plenty to watch in this market and the constant news events making it jump around so dont forget to use stops.
I hope this helps.. Enjoy the trade. 👍👍