XAUAUD buyyar open trade nowGold / Australian Dollar forum
๏ปฟXAUAUD buyyar open trade nowXAUAUD xauaudsell now โ
entry point (5305.00) (5295.00)
TAKE PROFIT 1: (5260.00)
TAKE PROFIT 2: (5215.00)
LAST TARGET (5170.00)
STOP LOSS (5340.00)
XAUAUD sellar active trade now
XAUAUD There's no good news coming re China - US. That's hopium. Buy!
XAUAUD XAUAUD buy now till 4500
XAUAUD buy buy buy
XAUAUD buying as we are in a trading range
XAUAUD Recommendations:
Hold: For conservative traders, holding current positions might be prudent given the mixed signals and neutral sentiment. The price is currently between the 50-day and 200-day SMAs, indicating a period of consolidation.
Buy:
Consider buying if the price drops to strong support levels around 3,446.70 AUD or 3,400.00 AUD.
Set a stop loss below 3,380.00 AUD.
Target resistance levels at 3,655.50 AUD and 3,786.00 AUD for profit-taking.
Sell:
Short-term traders might consider selling if the price approaches the resistance level of 3,655.50 AUD.
Place a stop loss above 3,700.00 AUD.
Target the forecasted level of 3,368.13 AUD for profit-taking.
Watch for breakouts: If the price breaks above 3,655.50 AUD with strong volume, it could indicate a continuation of the long-term bullish trend, potentially targeting the 3,786.00 AUD level.
XAUAUD XAUAUD (Gold vs. Australian Dollar) appears to be slightly bearish in the short term. Gold prices may face pressure due to a stronger US dollar and a potential shift towards riskier assets. However, the overall sentiment for gold remains mixed, with some analysts expecting prices to recover in the long term due to economic uncertainties and inflation concerns.
XAUAUD Them liquidity pullbacks be decent ๐๐ for long targets. Couldnโt do it without the help of them sellers. ๐๐๐๐ง๐ฝโโ๏ธ