Xauusd Analysis

Gold is technically bullish due to use only its fell down...

Analysis 1
M pattern in 4H and 75% Traget only done...so that (a)2019-2022(if here retracement 1980 is the trg)or (b)2030-2034.5(if here is the retracement huge fall will be happen)...bcz below 1960 has major support...

(a)Sell stop @2009 USE SMALL LOT
Trg 2000/1990/1980
Buy stop 2023 (no sl) Double the lot

(b..AFTER RETRACEMENT)sell stop 2028 USE SMALL LOT
Trg 2023.5/2019.5/2015.5/2005.5/2000/1995/1981/1976.6/1970.5/1965
Below 1960 means gold will be huge fall
Buy stop 2044 (no sl) double the lot


Analysis 2
In 4H even though M pattern there is a HL(Higher Low) formation at 1999.7... also 15M seem a Dragon fly doji so bounce back to bullish if it’s break and sustain 2019-2022 rally continues to next supply zone 2031-2036 once touch there close some layer set in Sl to entry(BE)

Buy @ 2015 to 2017 USE SMALL LOT
Trg 2019/2022/2030/2034/2038/2043/2046/2051/2055/2060/2070/2080
Sell stop 2010to2009(use idea 1...a)Double the lot

Trade active:

Analysis 2 active two tragets done
set BE put sell limt in 2030-2035 or follow analysis 1 b

Comment:

XAUUSD sell limit 2031
TP 2029
TP 2027
TP 2025
TP 2020
SL 2042

Comment:

close 70% buy sl to entry(BE)
sell limit 2025 trg 2005/1988 sl 2042
small trg 2021.5/2018.5/2013.5 sell entry zone 2023.5-2026.5 sl 2028.5

Trade active:

GOLD/XAUUSD Sell @2029
TP1 @2007
TP2 @2000

stop loss@2042

Trade closed: target reached:

sell 2031 all tp hit
sell 2029 all tp hit(tp2 only 10 pips near)

Comment:

GOLD/XAUUSD Sell @ 1989
TP1 @1985
TP2 @1981
TP3 @1978
SL @1997

Trade closed: target reached:

tp1 tp2 hit

Comment:

GOLD/XAUUSD Buy @1983
TP1 @1988
TP2 @1993
TP3 @2000

Trade closed: target reached:

Buy tp1 hit