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Goldusd

j.Hejazi | Gold Channel: Targets AheadAfter reaching the support level of 1830 and being rejected, GOLD formed a price channel. It appears that gold is poised to climb up and retest the resistance level of 1861.10, which happens to be the top line of the channel, a supply zone, and the location of the 50 4-hour moving average. Based on this, I anticipate that gold could move towards the targets of 1820.250 and 1790. --------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
OANDA:XAUUSDShort
by Candlestick_OB
Gold bias remains negative.Gold - Intraday - We look to Sell at 1881 (stop at 1896) Posted Mixed Daily results for the last 6 days. Intraday, and we are between bespoke support and resistance 1843-1882. A sequence of intraday lower lows and highs has been posted. We have a 78.6% Fibonacci pullback level of 1881 from 1890 to 1850. Preferred trade is to sell into rallies. Our profit targets will be 1843 and 1835 Resistance: 1881 / 1882 / 1890 Support: 1850 / 1843 / 1835 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:XAUUSDShort
by OANDA
GOLD - License to shortYesterday we printed a key reversal with a daily minimum close. You might don't want to short this, but one thing is sure : on day 64 with a key reversal you don't want to be long.... The trendline is broken , and we just closed below the 10 EMA: What's next? The 5 and 6 day RSi will get oversold. It's not a big news because we are almost oversold on the daily chart. MACD will drop to the zero line. With the FIBO retracement we need to set the new targets. The bare minimum we are going to drop is the FIB 23,6% at 1879$. The next level is the FIB 38,2% at 1829$, usually DCLs are printing these pullbacks. Watching the moving averages the targets are almost the same: It's very possible that we are going to tag the 50 MA at 1847-1850 and maybe we drop to the cross of the 100 and 200 SMA at 1780$. Time window: Usually these DCLs last for a week. I wouldn't look for a bottom before next WED or THU and we might bottom only on week the after next. Don't forget how strong this trend was. We are shorting a bull market what is just starting so be ready for strong hourly rallies intraday
OANDA:XAUUSDShort
by chartwatchers
1
XAUUSD (GOLD) Daily: 26/01/2023: Look bearish! Well, the price fell more than 150 Pips after touching Weekly resistance at 1947. Now the price is 1936 and the first support is 1932. Totally 1928- 1932 is an important level for us and if the price can break and stay below that zone we can expect for fall. You can see the important level and zones on the chart. If you have questions, feel free to ask. 💡Wait for the update! 🗓️26/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
VANTAGE:XAUUSDShort
by VahidTradingCR
1
Gold (XAUUSD): What to Look At Next Week 🟡 Hey traders, This week, we spotted weakening bullish momentum on Gold. The market was steadily growing within a rising wedge pattern. On Friday, the price has successfully violated the support of the wedge signifying the initiation of a consolidation. The price is stuck within a horizontal trading range now. 1911 - 1922 is its support. If the price breaks and closes below that, it will initiate a correctional movement. Patiently wait for a breakout. I will post an update once the breakout is confirmed. Alternatively, a bullish breakout of the range may push the market higher. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
9