OANDA:XAUUSD Gold is formed an inverted Head and Shoulder and broken the Neck line. If it retest the neck line level then we can plan for buying opportunities and this is for tomorrows analysis that is Monday 05/03/2023.
Wait for the News, This time is to gold take a big movement
My overall view is still Bullish on gold Xau , but until that CPI report confirms softer inflation gold is going to hover into this downward consolidation which the institutions gonna pick up liquidity from as well as retail traders , we did stupendous profit this week next week we'll arrive with more precise ideas and profits happy weekend everyone!
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Reason for XAUUSD SELL 1. Bearish Engulfing Confirms Further Sell Movement in Day Candle 2. Rising Wedge Pattern Confirm Short Correction in Uptrend 3. Ready to defend resis of 1960 and move short towards 1910 and clear Break below 1910 confirm next to 1870 Fundamental Reason DXY approaching Support @ 101.50 Now and clear obey these support Lead to XAUUSD...
Gold just bounce from its crucial support , starts its new leg in process of double bottom and RSI also shows Divergence in it and at support we see a good morning star pattern cmp for gold is 1650 so in upcoming 1 or 2 months we see gold around 1806 and 1874 with having SL of 1620 level
Setup Contains: 1. Stop Hunt (Sell Side Liquidity) 2. Multiple Structural Break 3. Bullish Institutional Order Flow Set 4. Returned To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
GOLD Buy Trade Opportunity Gold currently moving downside Here is the Major Support area as we mark on the chart We are accepting that market will be reversed for this point if the market makes a strong Bullish candle so it will be a good point for buying Always use Stop Loss
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Setup Contains: 1. Bullish Structural Shift 2. Bullish Break of Structure 3. Orderblock Mitigation + FIB 71% retracement FOLLOW PAFX & TRADE LIKE BANKS 💸
Gold chart is bullish it may give bounce from here CMP 1744 target would be 1760 and 1785
XAUUSD SHORT BUY @ 1725-1730 TP 1800 SL 1720 1. Obay Strong FIBO Golden ration of 0.618 2. Respect support zone of 1725-1730 3. Due to sell pressure will retest the swing low of 1725 4. Dxy before reaching teh high of 109,00 will retest the previous low which tends gols to short term Buy
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1697.6). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
MCX:GOLD1! A rangebound consolidation has been seen on the chart patterns of Gold Futures. A slight uptrend is visible from current levels. A rally of around Rs.1000 is possible in short term which will make gold hit 52k levels.
Gold MCX is Trading around Trendline support as market on the chart, Risk and Reward here looks attractive, Now Selling in the Gold will be seen Once Trades below 50000 Levels on Closing basis.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1798.7). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GOLD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
This for long term investment Look at the chart market made a Bullish Gartley pattern according to bullish Gartley 'D' is buying point market made d point or will be it means buying let's check traget so our target will be 1990 ! It is not for short term investment ! ! high risk = high reward !