Goldprediction
Market Dynamics has shifted LONG on GoldWe are looking to buy gold at 2022, With a upward retracement target of 2038 , while stops below 2018 , The sentimental changes in the Bond market has triggered such a scenerio, The warfare situation with Countries taking part in the War is not help. #Trade carefully..
xauusd Downtrend movement , can expect a target unto 1995/1985Symbol XAUUSD or Gold or Gold spot
Timeframe : 45 Min
Analysis: Breakout happened on the downside, so we can expect a target of 1995/1985.
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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
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
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’s correction complete?
Gold hit an ATH of 2148.9 and the last week was too dramatic for bulls but its time that bulls are gonna gain control and keeping the upcoming data this week(11 dec) gold hit its 50% fib retracement which might act as a strong support and good correction for xau
Also keeping in mind the economic condition of the global economy gold looks strong.
MY PERSONAL VIEW :
This month’s low will not exceed 1935 and for upside there is 2040 in the view
Gold Petal Intraday Prediction Levels for 7 Dec 2023Gold Petal Intraday Prediction Levels for 7 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Gold Mini Futures Intraday Prediction Levels for 7 Dec 2023Gold Mini Futures Intraday Prediction Levels for 7 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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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XAUUSD-Gold analysis-The Gold is not able to hold the 2000 mark, and after making the triple top, which is the bearish sign, now lands below the 1950 psychological level
-The LTP is 1937, which means again it will touch the previous week's low, which is near 1900-1880
-There is a slight bounce change near 1911-1905 for 1940-1950, but this is a short opportunity if the price remains intact at that level.
-The Fibonacci, 50 % of the uptrend, is near 1910-1908, so the chance is a slight dead cat bounce for the selling opportunity
- For long trade will near 1900-1980 with good risk reward
-Every rise is a short opportunity for sale if the price does not break the 1960 close.
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
Turned down right from the opening of the new weekGold prices edged lower at the start of the week after posting solid gains from haven flows that were seen outperforming higher government bond yields across most of the globe. The price of precious metals decreased not because gold's upward momentum was over, but because the market needed to consolidate with resistance at 1,985 USD/ounce.
The geopolitical situation and macroeconomic factors of the Middle East may have contributed to the increase in gold prices. The decline in the iShares iBoxx High Yield Corporate Bond Fund ETF reflects the worsening outlook for corporate bonds. This credit squeeze also affected Wall Street stock indexes and increased risks to other assets.
The Middle East situation is unlikely to find a peaceful solution soon, which could maintain demand for gold despite higher Treasury yields. The 2-year Treasury note reached 5.25% last Thursday but fell to 5.10% over the weekend. The 10-year note also hit its highest level since 2007, briefly surpassing 5.0% before settling at 4.95%.
The chart shows that the rise in the 10-year Treasury yield and the USD index has not yet affected the price of gold, but it is worth keeping an eye on in case of sudden movements in those markets.
The sell-off of the iShares high-yield ETF could have broader consequences for stocks as companies face higher borrowing costs.
SELL zone 1982$ - 1980$ - stoploss: 1986$
Buy zone1945$ - 1947$ - stoploss: 1940$
gold next support level 57460 - 56300??* IM NOT IN FAVOUR TO SHORT INSTEAD WAIT FOR VALUE BUYING AREA*
gold has breached all of its recent support and this fall looks like free fall maybe because of dxy rising
57460 and 56300 will be very important level base on previous trend low to recent high fib retracement of 0.6 and 0.7 golden zones are appearing on exactly on our fair value area
WILL UPDATE FURTHER ON EVERY MAJOR MOVE






















