Goldtradingstrategy
Gold Latest Analysis before Fed decision ,PMI and ISM (Short) ?Be cautious of trade today as it could be highly volatile environment due to different news today .
Gold is forming bullish penant , if broken could lead gold to 2028 -30 levels before a correction.
Happy trading , look for stop loss hunts due to great volume today.
XAUUSD (Gold) Latest Analysis LONG or Short . Find out Gold latest move in 1 hr time frame may breakout from symmetrical triangle and reach to 2005- 2012 📈 range before falling down . But if broken previous week high at 2015 may lead to test resistance at 2020. If not broken symmetrical triangle can lead to 1950-1960 📉 support range and will also broke the daily bear flag which will give the confirmation for further down levels .
Enjoy trading
Be cautious of sudden moves and stop loss hunt.🥇
XAUUSD (Gold ) Analysis for next week 17 April - 21 AprilWe can see the gold the retesting the yesterday high's again , it may be just a bull trap before dropping to test the HKEX:2000 on the daily bear flag or dropping below that can swing the reversal to supports at TSE:1980 and then $1950. It can form the M here or if it broken can test ath of TSE:2070 which is much less likely as it may go to test TADAWUL:2100 psychological levels . If you see rejection here around TADAWUL:2050 - TSE:2055 , then definitely it may retest at HKEX:2007 or HKEX:2000 today .
Trade accordingly
gold mcx or spot breif analysis blweys on trend line support 59900 if stya lw or close blw u will see 59780-710 or bwl 59600 game over soon 59120++++++ or if hold abv 59900 thna mkt must fill gap till 60500@ over all 61222 or 2032$ strong hurdel for up side abv may be zoom will start let see in mkt hrsssssssss
#Gold #XAUUSD downward movement potential with risk:reward= 5.2 #Gold #XAUUSD downward movement potential with risk:reward= 5.2
Analysis of Gold spot/US Dollar i.e XAUUSD
Time frame:15 minutes
What is the analysis?
Break out on the upper side and reach the target. MACD Is crossing below zero, so we can expect a downtrend movement with risk:Reward=5.2.Sell at 2020 with SL 2035 and target 1871.
HOPE our analysis is adding value to your Stock market trading Journey.
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.
Happy Trading
gold spot or mcx gold breakout analysis blwgold spot hold abv 1962 thna buy on dips good way till tgt 1975--82+++++ sl 1948 or hurdel 1996-90$ only abv bull flag will work only or if hold bwl 1990 thna again sell on rise good way---- mcx gold if sustain abv 59577 thna mkt up side expect 59700--850--900++ expect or if hold blw 59700 thna sell only with 59856 sl soon 610--577--429+++ or support 59240-200 if stya blw thna u will see sharp dwn side more in trade hrsssssss
gold mcx or gold spot bull flag analysisgold mcx or spot stucking in tght range due to upcoming expiry or any news-- where 4 th hrs chart made bull flag along with cme gold if break or cls abv uper range in gold or cme like 59600-700 or 1995 thna mkt full bull zone again or where flag support 59400 or 1948 break this range than mkt bear hand only till than mkt up dwn only try to sell or buy with support or resistance line
gold mcx analysis 4th hrs chart belowgold mcx analysis 4th hrs chart below----gold made support zone 58300-270 if stya blw or cls blw see 57700-600 soon or if hold support mkt again bounce back ready or resistance 58760-77 if sustain abv mkt bull rally 58909--59000+++++ more in trade hrs will update
gold spot or gold mcx analysis blelowsupport 1960--1966$- stya blw nxt dwn will start -1942-1933$-1910$ . or resistance 1990$ abv may rally till 2000-2004$ or break with volume or cls bav 2 days 2010 soon 2030-53+++++++ or no cross 1990 or hold blw 1990 than again dwn sell on rise good way
mcx gold stya blw 59200 sell on rise must soon 58930-829++ expect
LONGGOLD Technical Analysis: Gold have been trending higher
for the past few weeks we have seen price moving higher
with some strong bullish momentum, there is a high chance
for some retracement on Gold we can potentially move back into
1942.81 area where we have our 50% fib retracement zone.
Once of fib is being respected we can potentially target gold
last high in march 2022, and go past that area if buyers are
strong enough to hold that trend.
Keep an eye on gold gold for some opportunities remember to be
patient and wait for the market to give you entry point base on
your strategy.