Goldtradingstrategy
XAUUSD 12.03 UPTREND CONTINUATION Reason For XAUUSD Bullish
1. Technically Formed Double Bottom Formed
2. Doji Candle Confirm the further Uptrend Movements
3. Breaked Out 1830 & 1845 and Further Movement towards 1880 and Higher
Overall Possible Outcomes
XAUUUSD BUY @ 1850
SL 1820
TP1 1880
TP2 1920
TP2 1960
Gold Target Bullish for a while Target 1853: 30 Minutes timeframGold Target Bullish for a while Target 1853: 30 Minutes timeframe
BUY AT 1840, Target 1853 , SL 1832
I have used Movinf AVerage ad RSI Statergy here an Used the timeframe of 30 Minutes.
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 downward movement . Target expected is 1820/1816Time Frame 30 Minutes.
Gold price is below the Moving Average 20 and 40 with RSI below 80. So we can expect a Target of gold 1820/1816
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
Bear flag in XAUUSD (gold)As we can clearly see a bear flag pattern in 2 hr time frame .Here we will get the good trade in the terms of risk and reward in both the directions just after the breakout or Breakdown of the consolidation phase in either direction. I am more confident towards the shorting side as compared to the long side just because of the short term negative sentiments of the market.
Manage proper risk reward/position size
Happy learning...
XAUUSD Ready For Fall After ConsoidateReason for XAUUSD SELL
1. Bearish Engulfing Confirms Further Sell Movement in Day Candle
2. Rising Wedge Pattern Confirm Short Correction in Uptrend
3. Ready to defend resis of 1960 and move short towards 1910 and clear Break below 1910 confirm next to 1870
Fundamental Reason
DXY approaching Support @ 101.50 Now and clear obey these support Lead to XAUUSD Fall
Overall XAUUSD
SELL LIMIT @ 1955-1960
SL 1970
TP 1970
GOLD H1hi guys
all of us doing good,previous chart analysis are playing perectly and we are now update on gold h1 chart,yesterday i mendioned swing trade are hit hit accuretly on our favour review on previous posts how well its performed you got a idea
bullish targets
1776 holding above next targets open on 1776,1796
1796 holding above next targets open on 1805
beraish targets
1790 holding below next target open on 1776
1805 holding below next targets open on 1796,17901776,1765
1765 holding below next target open on 1760
GOLD PATH AHEADELLIOTT WAVE ALREADY 1,2,3,4 completed In it's 5th wave in progress Plot with fibonacci levels
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
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