Goldsell
Bank holiday! Slowly today XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The recovery in the price of gold (XAU/USD) has lost its momentum after pulling back from $2,006 earlier in the Asian session on Thursday. The positive US consumer sentiment report has led to an increase in US Treasury yields and a stronger US Dollar, which has attracted some sellers of the yellow metal. Market activity remains subdued as the United States prepares for the Thanksgiving Day holiday on Thursday. Currently, the price of gold is trading around $1,990, showing a slight increase of 0.02% for the day.
At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is hovering around 103.88. The yields on US Treasury bonds are also rising, with the 10-year yields climbing by 4.40%. This upward movement in yields puts pressure on gold as investors see US Treasury yields as a more attractive investment compared to non-yielding metals.
⭐️ Personal comments NOVA:
Today is BANK holiday in the US market. There will not be much fluctuation today, the price is mostly sideways and in a cumulative correction
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1980 - $1982 SL $1977 Scalping
TP1: $1985
TP2: $1988
TP3: $1991
🔥BUY GOLD zone: $1968 - $1970 SL $1960
TP1: $1980
TP2: $1988
TP3: $1995
🔥SELL GOLD zone: $1994 - $1997 SL $2001
TP1: $1988
TP2: $1975
TP3: $1968
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAUUSD GOLD on 20-11-2023XAUUSD can go Bullish if,
H1/H4 closing happens above 1985, it can move bullish upto 2005 level.
or it can go Bearish if,
H1/H4 closing happens below 1970, it can move bearish upto 1950 level
#️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST.
#️⃣ Trade with 1-2% risk only.
Gold Possible 150+ Pip Short Setuphello traders this is a scenario that i expect for next week for gold keep an eye on fundamentals like fomc coming up.
the yellow zones are my areas of interest they are also actually fibbonacci levels the market seems to be respecting them so i am using them i also identified a minor up trend and a downtrend from when the price reached the 2000s.
if the price breaks the the yellow zone which serves as a Support + Fib level + Neckline of head and shoulder and also breaks the trendline i believe we will see gold back to the 1960s
Gold Buy Confirm Analysis Of Today 🔥Gold price struggles to capitalize on the previous day's goodish bounce from the $1,944 area, or over a three-week low and oscillates below $1,960 on Friday. Following Thursday's rebound, the 10-year US yield holds above 4.6%, limiting XAU/USD's upside.
Gold Sell : 1953
Tp 1946
Tp 1941
Tp 1935
SL 1962
Xauusd:It's the key choice point again
Due to the recent hawkish rhetoric of Fed policymakers, everyone hopes that the Fed can achieve its goal of suppressing inflation, so gold prices fell again on Wednesday.
Pay attention to the data on U.S. unemployment benefits today
Today, gold fell as low as 1945, and the position of 38.2% of the Fibonacci retracement in the upward period from 1810 to 2007 was near 1933. If it did not fall below this data, gold would not be considered a real complete decline.
The current trend belongs to a small cyclical decline in a large cyclical pullback. You may have discovered that if you have to wait for a rebound to sell, but gold can't reach the resistance range.
Today's entire golden state just happens to be bullish and dare not enter, bearish and dare not chase, coupled with the 4-hour divergence of the indicators RSI and MACD, I still think it is possible to rebound today and then fall.
The suppression point of the decline and rebound is near the mid-Bollinger band of the daily cycle 1970
We need to pay attention to the upper resistance point range:
1962-1970
1953-1958
Pay attention to the range of support points below:
1941-1945
1933-1938
When gold reaches the support range for the first time today, you can buy in small batches based on your own funds, set a stop loss, and increase your success rate of profit.
In a downtrend, you can sell when you reach the resistance range
If you don't know how to trade, join me and let us learn together to improve the success rate
Gold XAUUSD Sell scalp ideaCurrently looking at taking sells once the current 5m candle closes below the marked level, with this we will be trailing stops and taking partials as soon as we hit 10 pips+ profit
Last nights trade was a similar concept however it was to the buy side, so we will be looking to take advantage of these micro moves once again
GOLD scalp ideaLooking for gold buys or sells depending on where the FIVE MINUTE candle closes respective of the levels marked in the chart
Gold has seen a strong push to the upside and I don't believe it's completely exhausted yet. However, that does not mean price action won't play out on smaller timeframes.
When We Can Sell Gold To Get 300 Pips ? Answer In This Video 👌This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GOLD SELL SIGNALHello traders I hope you all guys are making great profits with me so I see gold a little down if GOLD break and close below 1819 then we see a good 70+ pips trade in sell till 1911 or if the gold close before that then we see a good buy from here let's upto date for tomorrow trade signal♥️♥️
Gold is still negativeHello, according to my analysis of the gold market. Gold is still under pressure from sellers despite the recent events that caused gold to rise strongly on this day. We notice the formation of a descending channel. There is also very strong resistance at 1895. good luck for everbody
7 dimension analysis Gold 🕛 TOPDOWN Analysis - Patience Required Amidst Supply Signals
Overview: The market presents an intriguing picture with four consecutive long-wick candles at the top, signifying a robust supply area. Big players seem hesitant to push prices higher than the previous high, warranting a watchful approach, especially in the context of the yearly chart. On the monthly chart, there is a clear uptrend with a well-defined cup and handle pattern. A substantial buildup at resistance levels suggests a wait-and-see stance, primarily for investors. The weekly chart signals a shift in the price dynamic, indicating bearish control until the last demand area or the next swing target zone.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Breakout from Sideways (BoS).
🟢 Swing Move: The impulsive move has achieved its target.
🟢 Inducement: Awaiting confirmation; additional sell entry planned.
🟢 Pull Back: A solid second pullback.
🟢 Internal Structure: Bearish.
🟢 Support or Demand Area: Identified as the next profit booking target, decisions will follow after booking profits. Awaiting Support Breakout/CIP at 1899.
2️⃣ Pattern
🟢 CHART PATTERNS
Continuation
Descending Triangle break signals a target around 1827.
🟢 CANDLE PATTERNS
Notable Observations:
A record session count with eight consecutive bear candles suggests potential continuation until the target.
Momentum indicates bearish candle formation.
3️⃣ Volume:
Volume has been substantial during the entire move, with no signs of weakening.
Volume on the breakout consistently indicates lower volume at base levels followed by significant volume during the follow-up.
4️⃣ Momentum RSI:
🟢 Zone: Super bearish.
🟢 Loud Moves: Price movement transitioning from sideways to bearish, indicating expectations of further bearishness.
🟢 Overbought/Sold Rejections: Currently count at 0.
5️⃣ Volatility Bollinger Bands:
🟢 Move Commencement: Following a Squeeze spanning over 10 candles in the range.
🟢 Squeeze Breakout: Expectation of a move outside the lower band.
🟢 Walking on the Band: Ongoing trend adherence, with price respecting this trend.
6️⃣ Strength ADX:
Bears currently exhibit complete control in the market at this point.
7️⃣ Sentiment ROC:
Indicates that this is the weakest commodity in the last week.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bearish
☑️ Current Move: Impulsive.
✔ Support Resistance Base: Last established base.
☑️ Candles Behavior: Reflects characteristics like RSC, Longwicks, Doji, and Inside candles.
☑️ FIB Trigger Event: To be assessed at the sell area.
☑️ Trend Line: To be drawn once the price reaches the sell area.
☑️ Final Comments: Waiting for the right moment to sell.
💡 Decision: Sell at correction.
🚀 Entry: 1870
✋ Stop Loss: 1884
🎯 Take Profit: 1820, 2nd Exit if Internal Structure Changes, 3rd Exit on a trendline breakout or FOMO signal.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 7 days
SUMMARY: The market exhibits a strong supply area with a need for vigilance. Various charts, including the yearly, monthly, and weekly, provide insights into the bearish sentiment. The daily analysis indicates a bearish structure with planned sell entries. Volume, momentum, and candle patterns further support the bearish outlook. Patience is advised for a well-timed sell. Specific entry, stop-loss, and take-profit levels are provided, with a risk-reward ratio of 1:3.5.
📈Gold 4H analysis, Price path to the end of the week📉OANDA:XAUUSD
FOREXCOM:XAUUSD
Sorry friends, I had prepared this analysis chart since the beginning of the week, but due to illness, I could not present an analysis about gold this week.
Current analysis shows the likely path of the gold price. Next week, with better energy, I will start the detailed analysis of gold again.
In my opinion, everything you need to know at this stage of the gold price movement is in the chart.
If the price breaks bellow the daily Bollinger midline or stabilizes below the trendline, the bearish scenario probably will occur.
Targets are shown on the chart.
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🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌