Swing Trade ideas and Forex Ideas for 28 March Markets I make educational content videos for swing / positional trading
Goldlong
Gold Long side trade idea (Liq sweep or run??)Long side trade has two condition to consider
either SWEEP OR RUN on liquidity
1 run >>> price will fall back and mitigate the pending fair value area at 2020 lvl and then run towards 2050 and 2089 as all time high
2 sweep >>> either price trap the weak hands by making a up move and then fall back to fvg area and then go to meet the target of all time high
simple niether experienced nor noob just a open minded As we can see th egold is on all time high so I has to wait till gold break the lvl of 2163.837 after that i took the trade and you always look for teh 30 min closing i managed to take 60 pips 🤞❤️
new gold MomentumAs we can see gold on all time high so we should not rush it because if you see daily time frame of gold we can see that there is a chance for a good pull back so be wise remember its easy plase follw risk management only guys
Gold digger. Gold chart.Will gold breakout soon?
Th as to gif us to see. Triangle pattern, nearing breakout.
BUY Gold at 2019 For an objective of 2030 Upper CircuitWe are long on Gold from 2019 Zone, while the stop loss will be at 2013 Zone, The market is slightly bearish, But the Swing high should be achieved soon for further selling pressure.
Gold Trade Setup buying bias 62500 this wicked or inverted hammer , let the price run through this liquidity
next in middle of somewhere between 62350 - 62500 if there are any FVG imbalance between big candle take trade when it fill the FVG or gaps with stop loss of major swing low and target 62700 book half and rest let it run until it retest 63200
Gold going highGold is Trading high nowadays, So We have analyzed the Gold levels...
Educational purpose only ....
Hope you can catch the Target levels...
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XAUUSD BUY PROJECTION 14.01.23Reason For Bulllish
1. Bullish Spinning Top in Single Candlestick
2. Morning Star Patttern In Three Candlestick Pattern
3. Ascending Triangle Chart Pattern
4. Obey Support & Fibo Retracement @ 2020-30
Overall Possible Outcomes
XAUUSD BUY @ 2035-40
SL 2002
TP 1 2062
TP 2 2089
TP 3 2150
GOLD BUYING ZONE - Paitence is KEY (2024 #1)5888 - 57500 will be investor buying zone , which is 6-8% away from friday close,
and for trader they been looking the triangle pattern breakout
would rather wait and buy
instead of shorting the gold (following the long term trend)
based on my fib projection the price here has reached overbought zone which needs a correction for futher continuing the uptrend
will update further as per market movement
follow for more
Gold Uptrend Movement . Target expected is 2070/2095Symbol Xauusd. Or gold spot
TIMEFRAME 15 min /30 min
Analysis Breakout strategy
We can expect a Target of 2070 or 2090
XAUUSD Gold Scalp Long Setup- Gold is currently trading at a crucial supply zone
- It's interesting to even watch whether we can witness and cover the leftover upside or not
- We also need to wait for the price to keep consolidating here if we are favoring a bullish move
- However, if we are on the bearish side then it's important for us to see a good reaction from the supply
Gold Price Looks for UPTREND
* Gold Price Movement: Gold prices are uncertain and fluctuating.
* Upcoming Data Release: The market is waiting for the US core PCE price index data for November.
* Fed Bostic's View: Atlanta Fed President Bostic sees no urgency for interest-rate cuts, emphasizing the strength of the US economy.
* Fed Barkin's Approach: Fed's Barkin is data-dependent for rate cuts in 2024.
* Current Gold Price: Gold is trading around $2,040.
* Inflation and Interest Rates: Inflation is expected to soften with higher interest rates by the Fed.
* Investor Optimism: Investors are optimistic about future rate cuts in 2024, despite warnings from the Fed about maintaining restrictive interest rates.
* Divergence in Projections: Bostic's view contrasts with the median projection of three rate cuts, creating uncertainty in the market.
Gold Outlook 2024:Analyzing Bullish Trends, Key Resistance LevelBullish Bias:
Weekly chart indicates a bullish bias for Gold.
Relative Strength Index (RSI) comfortably above 50.
RSI-based 20-period Moving Average provides additional support.
XAU/USD remains within the upper half of a long-term ascending regression channel.
Key Levels:
Interim resistance at $2,060 with 61.8% Fibonacci trend-based extension.
Confirmation of support at this level could lead to a test of $2,125-$2,150.
Potential profit-taking in this range may temporarily impede the uptrend.
Further bullish targets at $2,200 and $2,440 based on Fibonacci extensions.
Sustaining above $2,200 is crucial for continued buyer interest.
Downside Support:
Strong support at $1,960-$1,950, including the 20-week SMA, 50-week SMA, and mid-point of the ascending regression channel.
Failure at this support could lead to a decline to $1,880 (100-week SMA) and $1,850 (200-week SMA).
Weekly close below $1,850 may attract additional sellers, opening the door for a move toward $1,800 (lower limit of the ascending regression channel).
Summary:
Gold is bullish with potential resistance at $2,060 and further targets at $2,125-$2,150, $2,200, and $2,440. Strong support is seen at $1,960-$1,950, and a failure could trigger a decline towards $1,880 and $1,850, with $1,800 as a lower limit.
Investors should monitor key levels for potential trend continuation or reversal, and the sustainability of support and resistance levels is crucial for determining the next directional move in the Gold market.
GOLD PRICE TECHNICAL ANALYSIS ( DAILY CHART )Fiday’s pullback in Gold price from near 8-day highs of $2,048, the path of least resistance still remains to the upside.
The daily technical setup for Gold price will continue to favor bullish traders so long as the 14-day Relative Strength Index (RSI) indicator holds above the midline and the price manages to defend the 21-day Simple Moving Average (SMA) at $2,016.
A daily closing below the latter could fuel a fresh decline toward the 50-day SMA at $1,982. However, the $2,000 threshold could be a tough nut to crack for Gold sellers.
On the flip side, acceptance above the $2,040-$2,050 region is critical to resuming the Gold price recovery toward the $2,100 psychological level. The next bullish target is envisioned at the all-time highs of $2,144.
REGARDS
TRADE WITH RITIK
Gold Price surges to the all-time high above $2,130 on weaker USGold prices (XAU/USD) climbs to an all-time high above the $2,100 psychological round mark during the early Asian session on Monday.
The speculation that the Federal Reserve (Fed) has reached its peak of the rate hike cycle boosts yellow metal demand.
Gold price attracts some buyers above the $2,100 mark and has reached the record high of $2,148. At the time of writing, gold price (XAU/USD) is trading around $2,135, up 2.90% on the day.
GOLD | InvestmentBuying some quantity of goldbees
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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GOLD COMEXI Have share three possibilities in gold comes as per my analysis. I am watching this charts from past months
if it breaks 2075- then we can see all time high in gold or we see rejection from 2075 we can see a good rejection in gold till around 1700 - 1650
XAUUSD ( GOLD ) PRICE PREDICTION ( 6 month high ) XAUUSD price trade at highest level in 6 month near $2052 wednesday. As per the RSI ( Relative Strength Index ), it show oversold zone on a 1 Day chart ( TF ). Resistance level of xauusd is $2052 ( highest point of 6 month high ), there is a higher chance of pullback in gold price. Support is seen in middle of the september high of $2022 which was the important resistance level in 1 day TF. If we talking about 50 & 200 simple moving average, it shows golden crossover it means 50 sma is cross the 200 sma from below. The golden crossover formation should keep downside cushioned for Gold price. On upside trend, If it is break the 6 month high $2052 then next level will be $ 2070 as a resistance level. The all-time high of $2079 will be next on gold buyers.
GOLD AT 60,000 , WHATS NEXT ??Short Recap - Gold had good rally from 6th oct , to the upside from 56500 to 61250
Currently - price is hovering around the higher time frame bearish order block which is resulting a resistance phase to gold price from (61500 to 60500 zone)
there is been a internal CHOC (trend change) from bullish to bearish
although the bearish continous will be confirmed if price breakdown and close below 60200 - 60,000
What to do -
after the break and close of 60,000 short trade can enter with quick targets
as this could be pullback on major time frame
where as those willing to go long will need to wait for specific levels
consider 58250-58000 zone as a value buying zone
this can be tracked based on price shifting the stucture from lower low and lower high towards higher high to higher low as Long Indication
