Xausud
GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 | COULD THIS SQUEEZE LEAD TO ANOTHER BEAR MOVEMENTHey Traders,
XAUUSD (gold) seems to be in a consolidation between 1810 - 1795 price level, if it manages to break through the recent support we will see a push exhaustion push scenario and likely going to fall down to test monthly moving averages.
I've been in this trade for a while and have had good scalping opportunities while its consolidation like this, maybe try using a smaller timeframe with 9 moving average when it bounces off the top off consolidation for a good short trade.
Please also remember, GOLD is usually a BUY trade its always better to buy rather than sell, however, it does have its bear runs and I believe the bear run has not yet finished. :)
GOLD (XAUUSD) | Two great points to enter the downtrend🎯Hello traders, Gold has a resistance level of 1795 in the 1 hour time frame, which if it crosses that area, it will go to the next level (a is equal to c, at the price of 1800, which I specified in the next analysis).
And if it crosses that area, it leaves the channel and the analysis becomes invalid.
Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments✍🏻
❤️Please, support this idea with a like and comment!❤️
Gold testing a crucial 0618 🦐Gold on the daily chart reached the weekly support as expected from our previous analysis.
The price closes the week around the 0.618 Fibonacci retracement level near the ascending weekly trendline.
We can expect at the beginning of next week some retracements to the upside around the 1810 area.
The commodity will be on our radar to check a new opportunity at the inversion according to Plancton's strategy.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GOLD > Trend Prediction and Sell Entry!!Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Analysis on #XAUUSD
the market now is at a short-term support level, we could actually see a relief rally from here but it will get rejected, may at 1790-1800, the next level of resistance is 1810, do I want to buy? NO.
I have been consistently posting about gold and in every post, I caution about buying the market, I will leave the links to my previous post which you can read all about it.
am sure you have heard about the say, "the trend is your friend", the trend FOR ME is to the downside fundamentally and technically.
now we are below the 200MA, broken many important levels, and looking for more downside possible.
The best place for me to sell will be 1810, previous support level now turned to a resistance level, but we may not go there, so I will also consider 1790-1800 for a sell if provided a valid reason to enter a sell trade.
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GOLD : Full Market Breakdown and Multi-Time Frame AnalysisHello traders , I'm doing this breakdowns because you where a lot asking for gold in my Dm.
As you can see gold reach a strong area of confluence. I'm expecting a natural retracement before looking for buy entries in the monthly demand area.
Trade properly , manage your risk.
Sell Gold (Long Opportunity)Hello Traders, Hope you'll doing well, Here's my XAUSUD Idea for sell order.
My sell orders are triggered.
GOLD SELL ENTRY at 1870
Stop loss 1910
Tp 1 1805.5
Tp 2 1765
Tp 3 1677
Fell free to share your ideas as well in the comment section.
Follow me for more updates.
Good Luck.
(XAU) Gold - Where to next?XAUUSD GOLD - Where to next?
We been in bullish channel for a while a break down below Red line which you could even see as a trend-line could mean perhaps a shift of direction. However, if we stay above that key support area, the bullish continuation could still occur to the next Fib Retracement area. Remember fundamentally we have Feds meeting this week.
At this current moment of time, we have formed a wedge which is drawn in yellow a break to either direction, for further confirmation you could trade the pull back.
Technical aspects:
Support:1774.520, 1764.020, 1755.770
Resistance: 1797.745, 1806.580, 1814.355
Pattern: Wedge
Remember: This is a just a trade idea, it is important to trade your own plan for further confluence!
Mind Capital
(Just trade idea, not a recommendation)
XAUUSD 1HR ACCUMULATIONPotential 1HR Accumulation for XAU/USD currently. I've inserted two positions, one has a risk reward of 1 : 3.16 and the other is 1 : 5.09 and targets the weekly high. We are also within a symmetrical triangle and have h=had our spring / manipulation from a previous demand zone.