XAUUSD Weekly zone Strong SUPPLY ZONEXAUUSD chart shows a Strong Supply zone and they give three Rejections in and now the weekly Candle shows a Pure and Strong Rejection in Resistance zone........
Goldtrading
GOLD LongSetup Contains:
1. Liquidity Grab
2. Break of Structure
3. Order Block
4. FIBO Retracement 0.71%
FOLLOW PAFX & LEARN AND EARN 💸
XAUUSD 1W CHART ANALYSIStarget 2000 within 3 months from now which is before june 2022 .
when it closes above 200
THIS IS JUST FOR EDUCATIONAL PURPOSE. THIS ANALYSIS IS NOT FOR FINANCIAL PURPOSE.
XAUUSD Day trading oppurtunityAs you can see the price of gold is nearing to the daily support region here we can open a buy trade with a Stop loss near the 1844 region and take profit near 1975 next resistance region for a 1:3 trade so if you risk 2 % you will earn % which is really important to have a strict R:R ratio
Thank you
Gold Analysis !! #GOLDDescription : Chart of Gold is forming a beautiful triangle.
Support Area : Break of triangle downside will lead to immediate support at 1680$ if this also breaks then 1480$.
Resistance Area : Break of triangle on upside will lead to 1900$ and then followed by 2030$
Gold's $1851.40 setting the toneA sustained move over $1851.40 will indicate the presence of buyers. The first minor target is $1863.50. Overtaking this level could trigger a further rally into the November 16 main top at $1882.50, followed by a long-term 50% level at $1899.80.
Gold is growing.!Gold is looking bullish. After the breakout , gold has taken a retest and ready to go up.
TP 1 - 1903
TP 2 - 1951
SL - 1800
GOLD is trying again to give Breakout !!!!Gold is trying hard to give a breakout of ascending triangle @48912 after which could move towards the target @52176 i.e. a rally of more than 6% !!! . There is also MACD crossover with a positive histogram a damn Bullish signal !!!
Gold ShortFallGold's current price is near the Weekly SZ + Daily SZ + Weekly RTL.
Weekly RTL is multiple times tested but still may not succeed in breaking the HTF SZs.
Gold may react from HTF SZs & can test 1810-1807 levels.
On 4Hrs TF, If it succeeds to fall & close below 4Hrs STL then check for Increased volume, No opposite side reaction.
GOLD NEXT TARGET WILL IT GIVE HAND FOR NIFTY TO GO UPGOLD was in down trend by BAT pattern expecting a fall and if gold goes down nifty goes up so expecting nifty to get up trend
Gold Trading Plan for 3-4 Feb 2022OANDA:XAUUSD has been trading in a very tight range over the past 2 day - which can be observed from the markings on my chart.
The Day Highs and Day Lows of the past 2 days have actually been roughly the same.
This makes the Previous Day High (PDH) and Previous Day Low (PDL) from today's perspective very good breakout levels - which I have marked on the chart.
The zone between these two price levels is a strict "No Trade Zone"; this has been marked on the chart as well.
If XAU/USD crosses/opens or stays above the PDH , we will be looking for long opportunities and if XAU/USD crosses/opens or stays below the PDL , we will be looking for short opportunities.
Entry criteria:
Bullish case: Breakout above PDH on 5 minute chart to be followed by retracement which in turn would be followed by a 5 minute candle close above the DAY HIGH. Since the market has already opened with a gap now I will only be looking for a retracement followed by Day High Breakout.
Bearish case: Breakout below PDL on 5 minute chart to be followed by retracement which in turn would be followed by a 5 minute candle close below the DAY LOW.
Stop Loss criteria:
Ideally the stop loss should be palced just below (in bullish case) or just above (in bearish ) the nearest retracement on the spot chart; this is a just a guide though - in some cases you might actually have to deploy your own discretion.
Take profit criteria:
One may book 1/3rd quantity at 1:1 RR, 1/3rd based on 5 minute candle close above EMA 15 (in bearish case) and below EMA 15 (in bullish case) and 1/3rd based on dynamically adjusting stop loss based on typical trend trading strategies. Also after 1:1 RR has been acheived one may choose to adjust max SL to cost.
Please note the given zones are valid only until the end of the day.
For today, I am biased towards the upside. But like always - I trade the price and the system and not my expectations.
#mcg #MICRO #GOLD #FUTURES ON A ROLLMCG is on a roll and approaching SMA, SL 1773 at cmp tgt 1791 1809 and 1831
GOLD RALLYAfter the death cross was confirmed earlier this week, to test critical support near $ 1,805 with a 200-day moving average (DMA) and 50 DMA match, it lasted below the January 19 low of $ 1,810. A break is needed. This level also brings a wedge support line.
The US Federal Reserve (Fed) matched extensive marketplace forecasts even as maintaining the benchmark hobby costs and tapering goals intact. However, the exciting element from the Monetary Policy Statement was, “The Committee expects it's going to quickly be suitable to elevate the goal variety for the federal budget rate.
The US Treasury yield plummeted 1.85% over a 10-year period and was offered slightly after recording the largest daily rise in three weeks. However, US and European stock futures have fallen by more than 1.0% during the day at a press conference. Gold prices can quickly continue to fall as technical failures add to the root cause. However, today's US fourth-quarter GDP and December durable goods orders are important for the short-term direction.
GOLD in a nice consolidationGOLD in a nice consolidation to start a move? its a long basing pattern with higher lows. keep in watchlist.
xauusd analysis for short trad like xauusd analysis for short trad like and follow only gold analysis
GOLD (XAUUSD) | The best scenario is to fall📝Hello traders, Gold in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The gold trend is generally within a leading cycle, from which waves 1, 2, and 3 are completed, with waves 4 and 5 remaining.
Wave structure 4: It is similar to a triangle due to its shallow depth.
This triangle can be considered as expansion and contraction.
Preferably we counted as a contracted triangle.
From this triangle the waves a, b, c and d are formed and now we are inside the wave e.
The t-wave is made up of the t-wave a, and the b-wave probably formed its first wave in the form of a flat wave, and this descent is also related to wave a from wave b to wave b.
We probably give wave b from wave b to the gray channel and wave c from wave b is located on the upper side of the triangle, and then the descent for wave c from wave e will be equal to wave a, and finally the ascent for wave 5 will begin.
- This is just a possibility and may be completely wrong -
(If the 1830 area is broken, this countdown will be completely fielded)
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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XAUUSD Bearish flag !Bearish flag Channel pattern formation on XAUUSD on a 4hr timeframe ! Target should be around 1770$ !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
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