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Xauusdsetup

GOLD SHORT TERM INTRADAY IDEAIntraday Analysis - ( 23 FEB 2023 ) For weeks we have been emphasizing on dollar dominance and gold bears and have been adapting to clean sells with our key levels. Last night during FOMC meeting minutes , there was a slight hawkish tone which led gold to do a shot squeeze down. Will be playing the bearish bias as there is no shift in fundamentals just yet. HRHR SELLS AT 1832ish region MRMR SELLS AT 1828 region SAFEST SELLS BELOW 1820 However if the whole move from FOMC meeting minutes gets corrected , i will only look for safest buys above 1848 which we may potentially see gold retest greater sell side liquidity zones. Till then scalp buys are valids but my bias will be shorts. We have GDP data releasing tonight whereby its a good indicator of overall economy. As forecasted , we are expecting to see an improvement in US economy which can give DXY strength and potentially create a new high this will then be in line with our gold shorts possibly to 1812-1800. If data release above forecast or as forecasted is good for the dollar, is data is bad , expect deeper pullbacks on gold but the market sentiment that holds more weight is still dollar dominance. What this means is we may see deeper pull backs above 1848 to possibly 1855 before heading back down again.
OANDA:XAUUSD
by CJ_GOLDPIPS
GOLD SHORT TERM INTRADAY IDEAIntraday Analysis - ( 16 FEB 2023 ) Will be playing the bearish bias on gold with expected continuation in dollar dominance this week. Expecting dollar to still head up to 105.6 region before any form of massive reaction. Looking out for PMI tonight whereby if data shows as per forecasted we will be in for a nice short on gold. HRHR SELLS AT 1852 ish region - 1855 MRMR SELLS AT 1836 SAFEST SELLS BELOW 1820 Will adapt to deep dollar pullbacks and gold buys in the event price breaks above 1847 region to possibly retest 1852, 1855 or even extended rally to 1864 region. Bias is shorts on gold
OANDA:XAUUSD
by CJ_GOLDPIPS
GOLD NEAR FUTURE ANALYSIS(4H Chart)Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Down Trend in Red (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham