XAUUSD SELL PROJECTION 21.05.23Reason Behind the Bearish in the Following Week
Tecnically Reason
1. Double Top formed the Major Top @ 2050 and tends teh bearish Moment in last week and continuation in Fowwing Week too
2. Bearish Reversal M Pattern Spotted ober the Zone and which make the contination to 1900 after the retest of Immedaiate Support @ 2000 which due to Powells increase in Intrest rate
3. Clear Break Below 1950 which Moves Safe heaven to 1900 and Lower
Fundamental Reason
1. Dxy Beaked the 4h downtrenfd 102 and which retest the 101 which helps to reach 2000 and continuation of breakout lead DXY to 105 anf make XAUUSD/GOLD to 1900
Overall Possible Outcomes
XAUUSD SELL @ 2000-2005
SL 2027
TP1 1950
TP2 1900
Xauusdsignals
Gold trading signal analysis
Yesterday, gold fell into a range of oscillations, and the current 4-hour chart shows a slight bottom pattern, indicating that there is a certain support below.
Although it is still weak today, there is not a lot of short-selling opportunity in the market.
As long as you can hold yesterday's low of 1975 today, then the probability will rise.
Today's trading strategy:
gold:buy@1975-1970 tp1980-1985
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
XAUUSD Will make a bottom lower but long term remains bullishGold (XAUUSD) closed yesterday a 1D candle below its 1D MA50 (blue trend-line) for the first time since March 10 and that is a bearish continuation signal. As mentioned before, the long-term Support lever is the 1D MA100 (green trend-line), which provided the necessary support to rebound on the March 08 Low. That was a Higher Low at the bottom of the long-term Channel Up that started on the November 03 2022 bottom.
As a result, the trend remains bullish and that would be a great buy opportunity for the long-term, targeting 2100. Based purely on symmetry, the 1D RSI pivot suggests we could be at a similar level as February 09. In addition, watch how neatly the 0.5 Fibonacci retracement level sits exactly on the Support level from previous Higher Low. On the Feb 28 Low, the price bottomed just before touching it.
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XAUUSD: sell
Shorting gold has brought us huge profits!
I observed the 1h chart and found that its current resistance level is 2013-2016, and its shape is very beneficial to short positions. If it wants to form a reversal and restart the long form, it needs to fall below 1996, with oversold or MACD bottom divergence the form of the stock market will rise again, so that it can have strong strength and continuity to counterattack.
So my trading view is still short.
Trading Signals:
sell: 2009-2016
tp:1992-1985
sl:2018
Traders, I hope my signal can help you make money, if you like it, please support and follow me!
XAUUSD: Sell
After the PPI was announced today, gold did not operate according to the situation represented by the data. It was suppressed around 2040 and fell sharply. Our direction was right, but the stop loss was set too low, which led to the failure of the first transaction. When it started to fall, a short trade was made again, and finally a profit was made.
The current gold pattern is still in favor of the shorts, so my trading view is to continue to be short.
Trading Signals:
sell: 2020-2030
tp:1998
sl:2033
XAUUSD: short here
Friends, in the new week, I wish you all earn more money!
Gold 30m chart, MACD dead cross, the upper resistance of 2026 has not yet been broken, the 1h chart is not strong enough for bulls, 4h chart, MACD has a golden cross trend, we need to pay attention to whether the resistance of 2023-2026 can be broken, and the support of 2014-2010, If you have a short position near 2020, you can continue to hold it, and pay attention to setting a stop loss to protect your capital.
Trading Signals:
sell: 2027-2035
tp:2003-1985
sl:2040
XAUUSD Rebound on the 4H MA200. Strong bullish wave.Gold (XAUUSD) hit today the 4H MA200 (orange trend-line) for the first time in 10 days and is rebounding towards the 4H MA50 (blue trend-line). The long-term pattern remains a Channel Up, which is what helped us take the break-out buy late last month as illustrated on the idea below:
This time the rebound is a clear bottom buy opportunity with a Higher Lows formation similar to April 03. A new closing above the 4H MA50 would basically confirm the buy signal. Both previous such rebounds targeted the 1.382 Fibonacci extension and the new one is at 2080.
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XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
XAUUSD: Sell
The 30m chart is in the form of a head-and-shoulders top. Now is the time to rebound and test the resistance of 2028-2030. From the analysis of the shape, it is more likely to be suppressed again and continue to fall. It will break through the low point of 2021. My expectation is to fall to 2018 -2008. So my trading view is to continue to be short gold.
Trading Signals:
sell: 2028-2032
tp:2018-2008
sl:2038
XAUUSD: Sell
The CPI data released today is bullish for gold. Gold rose to around 2047 and then fell back. It is currently near the support of 2028. In the 30m chart, MACD has formed a dead cross. In the absence of data, it is unlikely to rise to 2047 , so my view is short.
Trading Signals:
sell: 2028-2032
tp:2018-2008
sl:2038
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
XAUUSD: Buy
Gold formed a support in 2018-2022. Today it rose to 2032 and then stepped back to around 2022. The closing line in the 30m chart has the shape of a gold star. It is expected to continue to rise in the future, with a target around 2039.
Trading Signals:
buy:2022-2026
tp:2038
sl:2017
sell:2039-2041
tp:2028
sl:2043
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
Gold trading signal: 2050
After breaking through the 2007-2013 resistance, gold oscillated around the vicinity of 2015, and then stepped back on the 2007 support. When the support was confirmed to be valid, it began to rise sharply, and the US market rose as high as near 2036. Our long trading ended in 2034, and we are currently waiting for a new round of support confirmation. This support is 2020-2016 and 2026-2023. At present, a backtest has been completed near 2016. Next, focus on the support near 2026. If the support is effective, it will It is likely to break through the previous high of 2049.
Of course, the above is only the conclusion of the analysis of technical patterns. This week's focus is on Friday's NFP. Its impact on gold is very large. The volatility is usually around $100 or even higher. While creating opportunities, it also brings great risks. If there is no complete trading plan, it is recommended to trade half an hour after the data is released, so as to avoid the risk of forced liquidation, or set a limit within $5 during the trading process.
Finally, I want to tell everyone that no matter how many years you have been trading, no matter whether your trading is losing or earning, follow me and you will definitely have more gains!
Gold trading signals: 2016 is very important
Friends, today we successfully traded NFP data. We started shorting around 2037 and took profit in 2023, 2011, and 2000 respectively. This transaction brought us a very good profit!
Next, we need to pay attention to the resistance: 2016, 2026-2032, 2039-2047
Support 2016, 2006-1998
You must be curious why both support and resistance have 2016, because this is currently an important position for long and short attention. If it can't break here and successfully switch it from resistance to support, then we don't need to consider other resistance. Just short trade at the high point.If we can break through, we can trade long, and the goal can be set near the remaining resistance.
Finally, I want to tell everyone that no matter how many years you have been trading, no matter whether your trading is losing or earning, follow me and you will definitely have more gains!
On Monday, gold rebounded and shortedBecause gold fell by US 50 on Friday due to the impact of non-farm payrolls data.As the retracement space increases, it will make the recovery insufficient, so for gold as a whole, it is still biased towards short-selling, so in trading, we mainly maintain the idea of rebounding and shorting gold.So when we are trading on Monday, we can execute according to the following trading rhythm.
1.Don't chase short directly, because as the room for retreat increases, the market's risk-averse buying still supports gold, and gold may be pushed up at any time, so don't easily chase short gold directly at a low level.
2.Pay attention to the 2030-2040 resistance area above. If you enter the resistance area for the first time, you can appropriately consider shorting gold.
3.The following support focuses on the 2007-2005 area, and further focuses on the 2000-1998 area.
The above are the key areas that need to be paid attention to in the short term, as well as the general trading rhythm, and I will publish more detailed trading rhythm and entry positions in my channel.If you want to grasp the detailed trading rhythm and master accurate trading signals, you can enter my channel.
XAUUSD rising within the Channel Up on the 4H MA50Gold (XAUUSD) hit both of our targets on our previous short-term analysis (see chart below) as not only did it hit the top (Higher Highs trend-line) of the March Channel Up, but it also pulled back to the 4H MA50 (blue trend-line):
As we pointed out, we expected that to be the Support and the recent rally since hitting it, validates that expectation. We expect this rebound to extend as high as the top of the Channel Up, hence target 2075. That is still under the 1.382 Fibonacci extension, which was the target on the previous two Higher Highs waves.
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XAUUSD - 1H Gold price will fall more The last buy leg was quite weak, and after that, the price had a considerable fall, so we expect the gold price to fall more for the next few days and trade under $2000 this week.
Although there are several bullish signs in the higher time frames, in the 1H chart and lower time frames, the price can fall more,
As a result, we will be cautious about buying positions and wait for more confirmations.
XAUUSD hit the August 2020 Resistance! Can it close above it?Gold (XAUUSD) hit the 2075 Resistance that was formed on the August 07 2020 market Top and was the level that made a new aggressive rejection on the March 08 2022 High, in the midst of the Russia - Ukraine war.
So far it has reacted with a rejection in the early trading sessions. They key in our view is the weekly (1W) candle closing. As long as it closes below the 2075 Resistance, we will short targeting the 1D MA50 (red trend-line) on the 0.786 Fibonacci level at 1975. If the 1W candle closes above the 2075 Resistance, we will target 2190, assuming a similar rise range of +21.26% as the January 30 peak.
Keep an eye on the 1W RSI, which could be an early indicator. It has been trading under a Lower Highs trend-line since August 19 2019. Today it broke above it and turned overbought at 70.00 as it did recently on the January 2023 High. This may be an indication of a long-term break-out but at the same time getting overbought on 1W implying that a relief pull-back (that usually touches the 1D MA50 at least) may be in order.
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XAUUSD Made the expected bullish break-out. 2070 on sight.Our Gold (XAUUSD) outlook is intact since last week's buy signal after the closing above the 4H MA50:
Our target remains 2070 which is the top (Higher Highs trend-line) of the medium-term Channel Up pattern. Every pull-back to the 4H MA50 (blue trend-line) is a buy opportunity.
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Gold (XAUUSD): Key Levels to Watch This Week 🟡
Here is my latest structure analysis for Gold:
Resistance 1: 2004 - 2015 area
Resistance 2: 2040 - 2048 area
Support 1: Expanding area based on a falling trend line and 2 horizontal supports.
Support 2: 1934 - 1940 area
Consider these structures for pullback/breakout trading.
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