GOLD H1HI GUYS
i hope all of us doing very well , quick update on gold h1 ,t
BULLISH TARGETS
1733,1737 HOLDING above this level next targets open on 1745,1748,1752
1748,1752 HOLDING above this level next targets open on 1756,1759
BEARISH TARGETS
1733,1737 HOLDING below this levels next targets open on 1722
1748,1752 HOLDING below this levels next targets open on 1733,1752
MINOR HOLDING AREAS
1740 minor holding area
1745 minor holding area
thank you so much guys
Goldsignals
GOLD H1HI GUYS
i hope all of us doing well quick update on gold H1 CHART movements 1772,1768 price HOLDING below this level next targets open on 1758 OR 1772,1768 price HOLDING above this level next targets open on 1782,this levels playing swing range .1758,1753 price HOLDING above this price next target open on 1768,1772.or 1758,1753 price HOLDING below this price next targets open on 1753,1744 thank you so much
GOLD H1hi guys ,
i hope all of us diong well now quick update on today market contition down side on swing range 1770,1767 this price fakeout and holding above market will move on next target 1783.1770,1767 price break and holding below this price then open on next target 1756 .up side on swing range 1782 ,1786 break and hold above this price then open next target 1801 ,or 1782,1786 fake out and holding below this price net target 1770 other wise low volallity market moves on choopy side ways .
XAUUSD Analysis until NOV 2nd, Interest rate announcement! 📉 Gold - Bearish - We look to Sell at 1615.08
▪ The medium-term bias remains bearish.
▪ Following last week's retracement candle, the overall trend is set to continue downside.
▪ A firmer opening is expected to challenge bearish resolve.
▪ Prices are expected to stall near trend line resistance at 1675-1680.50 levels.
▪ We look to sell rallies in the coming weeks or so.
-Heavy volatility is expected after the Interest rate announcement on the 2nd of Nov.
Confidence: ⭐⭐⭐⭐⭐
⛔ Stop 1615.08
🎯 Target 1: 1601.70
🎯 Target 2: 1575.30
RISING TREND - EXPLAINED
Education
Rising trend line:
Rising trend line is the type of trend line which helps a trader to identify the bullish moment or bullish range (Upward Trend).
The rising trend line or ascending trend line should be connected from the last lower of the asset value to the last highest value or price of an asset.
The rising trend line should have multiple prices touched to be considered as valid, (at least 2 price point touches).
Traders may anticipate trading pullback where confirmation come, they can use additional indicators to have clear understanding of right entry point and exit points.
Weekly Outlook : Gold Heading for 1550 levels📉 Gold - Bearish - We look to Sell at 1613.90
▪ The medium-term bias remains bearish.
▪ Broken out of the triangle formation to the downside.
▪ A mild correction has been posted from yesterday's low, this is seen as a retest of the breakout level.
▪ Support at the levels of 1615 weekly low can be broken.
▪ We prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Confidence: ⭐⭐⭐⭐⭐
⛔ Stop: 1628.57
🎯 Target 1: 1604.22
🎯 Target 2: 1550
Let me know what you think in the comment section:
XAU/USD- Heading to 1500 levels zones.📉 Gold - Bearish - We look to Sell at 1638.90
▪ The medium-term bias remains bearish.
▪ Broken out of the triangle formation to the downside.
▪ A mild correction has been posted from yesterday's low, this is seen as a retest of the breakout level.
▪ Resistance could prove difficult to break down.
▪ We, therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Confidence: ⭐⭐⭐⭐⭐
⛔ Stop: 1648.57
🎯 Target 1: 1617.22
🎯 Target 2: 1590
XAUUSD Heading for 1600 levels at 2 years low
📉 Sell Gold - Bearish - We look to Sell at 1646.51
▪ The medium-term bias remains bearish.
▪ There is scope for mild buying at the open but gains should be limited.
▪ Prices are expected to stall near trend line resistance.
▪ We look to sell rallies.
Confidence: ⭐⭐⭐⭐⭐
⛔ Stop: 1655.37
🎯 Target 1: 1627.32
🎯 Target 2: 1610
Happy Trading!
GOLD Buy Trade OpportunityGOLD 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
Gold's Next Bull Leg In ProgressBull Gateway: 1852
Gold spot has created three consecutive positive bars in the last 25 trading sessions (36 days) for the first time. And it's above 200 MA. That's a good sign for buyers! If gold breaks the parallel channel, my upside targets are 1866 - 1882 - 1906 - 1920 .
But, it hasn't broken the parallel channel in the last trading session. It's at the resistance line of it. And XAUUSD is quite far to the bull gateway level. So, wait and watch is an option for bull traders.
Gold's downtrend will start from the 1832 level. If it fails to break the parallel channel, then go for the following levels blindly: 1826 - 1812 - 1800
Watch significant releases or events that may affect the movement of gold, silver, crude oil, and natural gas.
Tuesday, May 24, 2022
04:30 FOMC Member George Speaks - Low Impact
19:30 New Home Sales (Apr) - Medium Impact
Wednesday, May 25, 2022
18:00 Core Durable Goods Orders (MoM) (Apr) - Medium Impact
20:00 Crude Oil Inventories - High Impact
23:30 FOMC Meeting Minutes - Medium Impact
Thursday, May 26, 2022
18:00 GDP (QoQ) (Q1), and Initial Jobless Claims - High Impact
20:00 Natural Gas Storage - Low Impact
Friday, May 27, 2022
17:05 FOMC Member Bullard Speaks - Low Impact
Gold's Golden Rule Of 89% (Pack Your Bags For Big Ride)Gold's Golden Rule Of 89%
Golden history of last 50 years have shown that Gold has give big move whenever there is a minimum 89% move from bottom. Chart is self explanatory. There are three successful incident of min 89% move and two unsuccessful incident of less than 89% move.
Successful Incidents
1. 1970 - 1972
2. 1976 - 1978
3. 1999 - 2005
Unsuccessful Incidents
1. 1982 - 1983
2. 1985 - 1987
Fourth move in the making from 2015 - till date. So Gold is getting ready to fly again.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Short Gold Based on the current scenario we can clearly identify that Gold is approaching a major breakdown as it has its downtrend resistance at 1950, considering that we can acknowledge 1944 as a reversal point and soon in upcoming time we can expect this bearish trend to test all the levels up to 1890.
The Best thing is to stay bearish with a stop loss 1950, and if it breaks the 1950 level and the next 1 hr candles survive over it we can consider it as a successful breakout and then be bullish again considering this as a minor pullback.
So right now it would be best if we sell gold, trade at your own risk.
GOLD Buy Trade opportunityGOLD Buy Trade opportunity
Gold is currently in a bearish trend expecting to change the trend on major support level on 1870 area if market make a very strong bullish candle on support line so it will be a very nice point to take a buy trade with very good risk rewards
"Always use Stop Loss"
GOLD ranging...and UP AGAINAs I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect,
...exactly as we expected ... GOLD rejected from the Fibonacci zone o.5 and reached the zone 1794 as I said!
in this area I will wait for an extended range and I will enter the trade only at a close for at least 1 day over 1793 or below 1760
THIS WEEEK...GOLD has been out of range for the past few months and closed below Fibonacci 0.5 again!
for this reason, even if maybe it will go up and reach the 1790 area, I think that in the next period the new range will be between the Fibonacci area 0.5 and 0.618
however ... a closure even for 1 day over the 1790 area will make me reanalyze the entire strategy
GREAT ATTENTION:
*This information is not a Financial Advice.