Goldusd
Gold : Intraday Technical AnalysisAfter getting rejection from 1841, the price action of gold is on its way to test the support of 1830. The price action is making a descending channel. My idea is only going long on gold with entries around the support of 1830 and 1810.
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Hour-Daily XAU/USD Chart AnalysisToday's Idea I Found On XAU/USD
Using Support/Resistance & Supply/Demand Only
Gold movement from Entry point to TP/SL usually takes 1 - 4 hours depending on the Area Zone
Risk Disclaimer.
RISK WARNING Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
I dont sell premium or masterplan signal, i trade by my own for paying my bills
OANDA:XAUUSD
GOLD, still short.Hi, I still see short opportunity on gold, unless we have new higher high above 1858 then I will re assess.
Good R:R if u take it from this area.
Trade Well,
Alex
Gold risky entry longsI previously called a long trade on gold but the pair has been really slow and has not even triggered our position yet.
This might be as a result of the bank holiday, but I propose an earlier entry....
At the simultaneous break of the LTF inverse head & shoulders neckline and the counter trend lines a strong momentum bullish rally is highly probable.
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GOLD (XAUUSD): Technical Outlook & Forecast For Next Week 🥇
Hey traders,
I remain very bearish biased on Gold.
The market trend remains bearish from the beginning of the year
and I am patiently waiting for the next bearish move.
Next week, watch 1856 - 1879 supply area.
I will expect a bearish move from that, at least to 1808 level.
Good luck and have a great weekend.
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GOLD on 1hr trend support lineIt may start up side from trendline support line good entry for low risk high reward with.
Up trend in support of bullish move and resistance is above target.
XAUUSD 1DGold study on the daily timeframe
If gold broke 1883.00 it have a potentiel buy and it have three confirmation
1- breaking the strong resistance and support at the same time it hit multiple times on it and retraced
2- breaking the neckline of the double bottom
3- breaking the channel (or the trendline)
We need to have confirmation for the break and if it broke the resistance we need to wait for a retest first and then we can take the buy and secure profits and leave runners .
Hour-Daily XAU/USD Chart AnalysisToday's Idea I Found On XAU/USD
Using Support/Resistance & Supply/Demand Only
Gold movement from Entry point to TP/SL usually takes 1 - 4 hours depending on the Area Zone
Risk Disclaimer.
RISK WARNING Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
I dont sell premium or masterplan signal, i trade by my own for paying my bills
OANDA:XAUUSD
Gold Trend 17/06Gold gained further yesterday. The price was under pressure by the 250 days MA(1833) early in the Asian & European sessions after the day began at near 1832. The price consolidated toward 1814 before the US session, and the buying started to kick in once the US session became active. The price cleared the previous 1840(1) and surged to the day-high 1857 before the day's end, gaining USD 24.
The S-T trend has shifted upward after gold escaped the range of 1808-40(1). The upside target of 1860 we set yesterday is completed, and the price is now back to last week's range of 1830-70. While the momentum is heading up, expect the price to touch the top of the range around 1865-70 again, with the price support at 1840 in S-T.
A double-bottom pattern(4) is developing after the price jumped back upon the 250 days MA(3) on the daily chart. Expect the price to approach the downward trendline(5) in the next few trading days. If the price can clear the selling resistance at the trendline(5) and 1870(the neckline of the double-bottom pattern), it should be able to touch 1920-40 to the upside.
S-T Resistances:
1865
1860
1850
Market price: 1843
S-T Supports:
1840
1835-37
1830
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P. To
Gold Trend 14/06 - 17/06Gold fell from the 1-month high yesterday. Carried the buying momentum from the previous session, the price jumped to a new high 1879 within the first hour of the market's opening. But, the climb failed to sustain. The price quickly fell back to its range of 1830-70, and the slide began. The selling accelerated after gold broke the 1850(1) support at the opening of the US session. The day ended near the day low at 1819, down by USD 51.
Like yesterday, the price has touched a new low at 1808 at the opening hour of the early Asian session. As the price cleared the support at 1830(2) yesterday, we expect the price to remain weak within the coming 24-48 hours, most likely before the US Fed. Meeting on Wed. The 1808-40(3) range should be the range before the next break.
The trend has turned weak after gold finally escaped the range of 1830-70(4) yesterday. The next critical support level is now sitting at 1800-10, with the 250 days MA(5) remaining as the upside resistance for now.
S-T Resistances:
1840
1833-35
1830
Market price: 1824
S-T Supports:
1820
1810-08
1805-00
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P. To
Gold Expanding the Limits of the Range and Future Projections***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.***
The overall thesis here is that gold wants to dump to Covid Crash levels before setting new all time highs.
The Daily candle just closed above our average price area suggesting that we are going to be moving back up toward the previous high. Our initial short-medium term projection is still valid and through the course of the next two weeks will get much more clarity about which direction we're headed.
I am not trading a leveraged in gold, but have invested into physical bullion, so do with that what you will.
***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.***
Short Re entry for goldhi, I see current level is the good price for re enter short on gold, as usual it gives good R:R
trade well,
Alex
Trading opportunity for XAUUSD - GOLDBased on technical factors there is a long position in :
📊 XAUUSD - GOLD
🔵 Long Now 1830.00
🧯 Stop loss 1799.00
🏹 Target 1 1870.00
🏹 Target 2 1910.00
🏹 Target 3 1999.00
We hope it is profitable for you ❤️
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