Xauusd(w)
GBPUSD AnalysisFOREXCOM:GBPUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
GBPUSD ShortFX:GBPUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
AUDUSD LongFOREXCOM:AUDUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
XAUUSD Levels to wacth 📊Yesterday Price Rejected (took support) from weekly pivot (2025) and today price trading above daily pivot (2031.20: Extreme Narrow, means market can spike in any side with good momentum so watch your stops carefully)
🚀Intraday Buy Scenario :Price above daily+weekly Pivot+ Above trendline support, look for 2040 then 2050 Level.
🔻Intraday Sell Scenario: On breakdown of weekly Pivot or rejection/confirmation from monthly pivot (2040) or rejection from weekly resistance at 2051.Look for next support at 2015,2010.
XAUUSD: price increase but not sure yet!Hello traders, what do you think about GOLD?
The fear of risk has driven the demand for US government bonds, contributing to the prolonged weakness of US Treasury bond yields across the yield curve. The slight decrease in US Treasury bond yields helps limit the adjustment of Gold prices.
In the coming days, the momentum of the US Dollar and US Treasury bond yields, along with the risk sentiment, will impact Gold price action as traders consider the US New Home Sales data for trading cues.
Gold is supported and has been growing as it touches the bottom of a descending channel. It is expected to decrease back to the channel bottom after reaching the resistance zone.
Gold (xauusd)Degree full forms-
L1 stand for Long term wave 1 and so on
M1 stand for Medium term wave 1 and so on
S1 stand for short term wave 1 and so on
Hello Everyone,
Welcome to Trading Idea, This is a short term forecast
I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.
Thank you
XAUUSD: Breakout on last day of tradingDear friends, what are your thoughts on gold after a challenging week? Let's also strategize for the upcoming week.
Looking back at the recent period, the price of gold has mainly been fluctuating around the range of $2022 to $2028, despite some news affecting gold, but not significantly.
Until last Friday afternoon, gold experienced a significant volatility, with prices dropping straight to $2016 and then rebounding strongly to reach $2041. In the context of some officials from the Federal Reserve stating that they are not in a hurry to lower interest rates due to high inflation, financial investors are expecting a rate cut by the Fed in June 2024. As a result, the US dollar weakened against many other currencies, boosting today's gold prices.
Currently, the precious metal has stabilized at around $2035, making this weakness a corrective wave after breaking through $2033. It is expected that next week, gold will continue to decline further towards the range of $2031 and $2028, as indicated by Fibonacci before the price resumes its upward trend.
What's changed in the gold price this week?Hello everyone, RKarina is delighted to meet you all again. Let's discuss our strategy for the new week for XAUUSD!
Currently, at the opening of the trading session, gold is moving quite steadily at around 2033 USD, with no change in direction compared to the last closing at 2035 USD.
In terms of prospects:
From a technical analysis perspective: the Bollinger Band indicates two notable levels to watch out for in the near future, with a peak at 2055 USD and a support level at 1990 USD.
In terms of market news: The European Central Bank maintaining its stance on interest rate cuts and a significant allocation of the Euro could put pressure on the USD. This will have a positive impact on the price of gold, as the interest rate adjustment period is coming to an end and gold could increase to 2050 USD by the end of the week.
What about you? What do you think will be the movement of gold? Will it continue to rise or fall?
XAUUSD SELL BEARISH PENNET + TRENDLINE RESISTANCE |24.02.24 Reason Behind Fall
1. Bearish Pennet Chart Pattern Formed
2. Obey Strong Trendline & Resistance @ 2048
Reason For First Buy
Breaked Resistance 2031 and moving towards Next Resis 2048
Overall Possible Outcomes
XAUUSD SELL @ 2048-50
TP 1 2030
TP 2 2010
TP 3 1985
Gold buyers attack 50-SMA with eyes on Fed MinutesGold price remains firmer for the fifth consecutive day while extending the previous week’s rebound from the 100-SMA within a nine-week-old bearish trend channel. In doing so, the XAUUSD buyers prod the 50-SMA upside hurdle while keeping eyes on the Federal Open Market Committee (FOMC) Meeting Minutes, up for publishing late Wednesday. Given the quote’s sustained rebound from the key SMA, backed by the upbeat RSI (14) line and the bullish MACD signals, the price is more likely to cross the immediate hurdle surrounding $2,030, which in turn will allow buyers to aim for the aforementioned channel’s top line of near $2,052. However, a clear rejection of the bearish chart pattern, via sustained trading past $2,052, will open doors for the metal’s run-up toward the monthly high of near $2,066 and then the late December peak of around $2,088.
Meanwhile, hawkish Fed Minutes could derail the latest recovery momentum of the Gold price and drag it back toward the $2,000 psychological magnet. Though, the 100-SMA and bottom line of the previously stated channel, respectively near $1,997 and $1,986, would challenge the XAUUSD bears afterward. Should the quote remain bearish past $1,986, the late December swing low of around $1,973 will act as the final defense for the buyers before directing prices toward the November 2023 bottom surrounding $1,931.
Overall, the Gold price is likely to remain firmer but the bearish chart pattern and looming threat to the commodity bulls from the FOMC Minutes challenges the hopes of witnessing more upside.
XAUUSD SHORTFirst up all Thank you to everyone..,
now i fully completed SMC course with successful strategy...
We done a back test on that almost97% SUCCESS RATE...
Upcoming analysis based on that...
In GOLD we got weekly BUY CHOCH @01dec2023 (in Daily we got buy BOS)
And we got a HEAD AND SHOULDER formation @28dec2023(Daily)
1st buy correction 4H- sell CHOCH @17jan2024
2nd 4H-sell BOS @13feb2024
now the market @ 50% fibo of weekly of that sub-swing
In here we got 2 entry
2029(flip entry)
2031-2035 is the main sell entry
We took this entry bcz of our strategy works here..
IF THIS CROSS 2044
Next strong zone will be 2054(Flip entry)-2064(main entry)
i think it will RED ROSE soon
bcz 2044.5 is the H&S -trendline retracement
so this 2029-2032-2035 entry will be more strong one for sell
Targets based H&S (head top to neckline)
1st target 1986
2nd 38% target 1975
3rd 50% target 1950
4th 100% target 1860
BECARE FUL
DAILY sell CHOCH will be 1973 if cross and close down then only sell trend will be confirm in daily
FOMC: driving force to help Gold prices increase!GOLDEN INFORMATION: In Wednesday's Asian trading session, the price of gold (XAU/USD) experienced a slight decrease and moved away from its two-week high of around $2,048-$2,049 reached the previous day. This decline is attributed to investors adjusting their expectations regarding the pace and extent of interest rate cuts by the Federal Reserve due to strong economic data from the United States.
As a result, the US Dollar (USD) remains strong, reaching its highest level since December 13 earlier this week, putting pressure on the value of gold. However, the recent decline in US Treasury bond yields may hinder strong betting on the USD by investors. This, along with concerns about geopolitical risks arising from tensions in the Middle East, could continue to support the demand for gold as a safe haven asset.
Investors may also choose to be cautious and wait for the highly anticipated monetary policy meeting of the Federal Open Market Committee (FOMC) before taking any significant actions related to gold, which currently lacks yield.
Personal opinion: The price chart according to technical analysis is supporting the Uptrend, the H1 frame is trading above the stable EMA, economic experts at today's FOMC meeting also support keeping or reducing interest rates and support gold's rise.
Niether new or old in trading just a experienced oneBackground Information: I’ll start by providing some context or background information about the topic. This could include recent news, historical data, or any other relevant information that would help understand the current situation.
Analysis: Next, I’ll dive into the analysis. This could involve examining trends, comparing data, or discussing various factors that could influence the topic. I’ll aim to explain this in a clear and understandable way.
Prediction: Based on the analysis, I’ll provide a prediction. It’s important to note that predictions are not guarantees and are subject to change as new information becomes available.
Thought Process: Throughout the analysis and prediction, I’ll explain my thought process. This will help you understand how I arrived at my conclusions.
Gold / xauusd (Neowave Update)Degree full forms-
L1 stand for Long term wave 1 and so on
L1 stand for Medium term wave 1 and so on
s1 stand for short term wave 1 and so on
Hello Everyone
Welcome to Trading Idea, This is Short Term Forecast
Time Frame- 4hrs
# Gold has completed first cycle and we are in ending of wave 2
# Stoploss level for this or SC3 cycle will be 2059, till than we will have bearish cycles
I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends . Also keep following us for more neowave trading ideas.
Thank You
Medium Term Forecast
Long Term Forecast-
xauusd sell on intraday tradeXAUUSD SELL ON RISE MARKET FOR INTRADAY SETUP
TP 1988/1985
SL 1997.50
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
Support us by liking and sharing the post.