If you are following CFTC COT report for commodity you already knows that the CFTC is not sharing the COT report timely from last 5 Weeks , I tried to analyze the Last three week COT report on GOLD published by CFTC. On 24/1/2023 the COT showing bullish sentiments as they adding in Longs and Covering there Short and we have seen sideways (You can see the Green...
Gold braces for the first weekly gain in five but stays within the key moving average envelope as traders eye Fed Chair Jerome Powell’s testimony and the US NFP data, up for release in the next week. It’s worth noting, however, that the bears appear to run out of steam, per the RSI and MACD conditions. As a result, a clear upside break of the 50-Exponential Moving...
ready to see xau pull back watch my zone area HNS do not take trade just learn
make head and solder partten in hourly chart recent look is for 1820 then for break 1843 upside .
xauusd beyond technical analysis lit be risk but we play it wait till entry
XAUUSD chart says everything .trading in channel .it have monthly bearish alt bat harmonic pattern, alt bat d point will act as strong resistance .bearish move can seen,bullish move will seen only close above resistance area.
A falling wedge is a chart pattern that is used in technical analysis to indicate a potential reversal in the direction of an asset’s price. It is characterized by a narrowing of price action as the asset moves lower over a given period of time. If the price breaks out of the wedge in an upward direction, it can be seen as a bullish signal and a potential long...
After strong NFP gold market made strong sell side reversal
OANDA:XAUUSD 1) XAUUSD - GOLD 4HR TF On 4h TF we can see it made bearish flag and pole pattern and gave breakdown of it. 1865 is critical flip level. And as of now we can see it made clear 1860-1870 range. As of now major trend is bearish for Gold. Please refer below 4hr TF chart ________________________________________________________ 2) GBPUSD-...
Based on the Economic Data & Powell Speech about the rate hikes 50 basis point, i am taking the short. Let's
#XAUUSD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
#XAUUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Gold is in a parallel channel in Week TF. One leg of downside possible to $1580-$1600 for a big upside movement. Sell Gold at $1880-$1850 for a $1600. Buy Gold at $1580-$1600 for a target of $2200-$2500.
xauusd market changed to bullish trend now wait for order block for get enty
We saw XAUUSD Short Because, XAUUSD Movide in Faling Wedge.
Gold extends the early February fall towards two-month-old horizontal support near $1,825-23, despite posting the indecisive closing in the last week. The bearish bias also gains strength from the clear downside break of an ascending trend line from early November and the 50-DMA, as well as the bearish MACD signals. However, the nearly oversold RSI (14) hints at...
#XAUUSD Creating Bearish Flag Pattern in 4H time frame once it breaks 1860 level in 4H candle it will be confirm and we will see 1832-1825 level very soon. 1825-1832 would be very good opportunity to buy as we may see 2100$ very soon after this correction .
If you get any reversal pattern, you can sell XAUUSD NEar 1942-44 and one can buy near 1918-20 if they get any reversal pattern in 5 min chart like Hammer folowed by engulfing candle. If it breaks the 1915 level on closing basis, then we may see 1890-1865 level very soon. I am expecting that after touching the price of 1944, it will touch 1890-1865 level for a...