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Goldtradingstrategy

What 1 hr chart says ?Fundamental Description: Gold was up on Monday morning in Asia. A weaker dollar gave the yellow metal a boost, but a move towards riskier assets in Asia capped gains. Gold Price ended Friday with mild gains above $1,850 while having booked the second straight weekly gains, as the US dollar correction extended alongside the US Treasury yields’ amid subsiding aggressive Fed tightening expectations. Technical View: Having found strong buyers once again at the bearish 200-Simple Moving Average, now at $1,849, gold price is looking for a retest of the previous week’s high of $1,870. Alternate View: Failure to resist the latter will reinforce the selling interest, opening floors for a fresh downswing towards the May 18 low of $1,807.
FOREXCOM:XAUUSD
by RASteven
What 1 hr chart says ?Fundamental Descriptions: Gold was down on Wednesday morning in Asia, with the dollar continuing its retreat from a 20-year high and countering pressure from stronger Treasury yields. Gold drops for the second consecutive day, taking offers around 1808 to refresh the intraday low heading into Wednesday’s European session, as sour sentiment joins the firmer US dollar. The market’s early-week optimism fades as China reports higher covid cases. Having faced rejection at the critical 200-Daily Moving Average (DMA) of 1836, Gold Price changed its course and resumed the ongoing downtrend. Technical View: Gold drops for the second consecutive day, taking offers around 1808 to refresh the intraday low heading into Wednesday’s European session, as sour sentiment joins the firmer US dollar. The immediate support is now seen at the 1800 mark, below which the multi-month lows of 1787 can be seen. Alternate Scenario: Any recovery attempt will eye a retest along the level of 1831.
FOREXCOM:XAUUSD
by RASteven
Gold & Gold Guinea Tips & Updates - PROFIT 1,30,100+Gold has started rising from U.S. Presidential Election. I have said in the previous newsletters, bullion sector commodities are strongly bullish. How many of you bought Gold and Gold Guinea? MCX Gold Measured Moves I had written for the intraday traders that, " ...the day traders can follow the following targets: 51000 – 51360 – 51860+ And short-term investors can hold for 52000 – 53000 – 53560+ levels". Intraday Calls Profit: Rs.116100+ /lot Short-term Calls Profit: Rs.1,30,100+ /lot Gold Guinea price setting up for a big rally I had written in bold word, "... intraday & short-term traders can buy using this strategy to make some money. Targets: 41800 – 42200 – 43000+". Profit: 600+ Points /lot
MCX:GOLD1!Long
by freestocktips
Weekly analysis for XAUUSD, Oct 26-30Gold against Dollar pair , has traded sideways in the month of October , traded between the range between 1874 - 1932, price closes last week at 1902, it looks like the price actions supports the bearish move in the upcoming week, if it breaks the levels of 1880 at the bottom, it might go deep down of 1856 , If its not breaks the level of 1880 , then there is fair chance of going upwards and pave its new path for November , Note - analysis given for education purpose only.
OANDA:XAUUSDShort
by Akfx369