Xausd
XAU/USD Gold Technical Analysis - Gold has shown a very impulsive move from its point of release
- Gold can continue its impulsive move for long as well
- However, when a ball bounces hard gravity always pulls it back again, apply the same concept here when you think about getting in the middle of a Trend or at the Top
- Similarly wait for a pullback if you are looking for fresh longs.
- If you are already holding this continue to ride you winners
XAUUSD [GOLD] Analysis-Last week, gold crossed the Supply around 1830-1832.
-With 1846, speed up the price and minor retracement for buying opportunity without any significant retracement.
-Now, the Demand and Supply marked on the chart
-This is a buying setup, but needs to wait until 1867-1875
-The weekly demand zone is 1880-1895
-After touching the strong demand zone 1867-1875, gold again tried to touch the weekly Supply, which is 1946-1962
-Below 1867, gold again touches the strong demand zone
XAUUSDNow US GOLD in FLIP or BOUNE zone
1913-1910 is the 1st BOUNCE ZONE
1906-1903 is the 2nd BOUNCE ZONE
BELOW 1902 is strong SELLING if that happen gold will continue the trend
but AO indicates BUYING so that wait for the conformation now
ALL Black Line above the current price is SELL zone, Below the price is BUY zone
XAUUSD analysis
The last week, XAUSD showed weakness, but on Friday, due to an event , price retrace near to supply zone.
There decided zone near 1956-1962, above 1962 closing we can see another spike up and the chance to reach to 1980-1985 or above.
If 1962 does not break, then search for a selling opportunity to sell and test the 1904-1895
xauusd side waysthis is education purpose and use reference once only !
Fibonacci ratio sequence ratio calculating
fib extention custom 1 to 1:5 ratio, including
focus the range buy and sell .
use for correct entry
fib custom -1.5 , 0, 1.3, 2.6, 3.9, 5.2(contant), 6.5, 10.4
use the accurate entry will work it. 0.2 and 0.3 may difference.
good work and increase your profit ,
XAUUSD (Signal) for June 15, ISTThe Decreasing Momentum and Rising Inflation.
Gold is Expected to be Down Today. (June, 15, 2021)
The Rising Inflation is the killer for Gold Price Action Momentum.
This is the Reason of Depletion of Momentum.
Traders are in Extremely Fear Sentiment.
The Current Momentum is suitable for Scalp Traders.
Currently t the Time of Writing Price Action is lying in the pivot range.
Overall Strength Bearish.
Expected a 1.20 Dollars Up from the opening and 6.00 Dollars Down from the Opening or from the 1.20$ Up to Down 6.00$.
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