Following the current bullish trend, the minor bearish wave on lower timeframes is coming to a halt. Gold is supported by the strong level at 1920 and 1900 respectively, which will be enough volume to see it soar towards 1953 and 1980, the remaining porting of q1 2023. We will have to wait and see how these two support levels behave before entering long and daily...
We saw XAUUSD Short Because, XAUUSD Rising wedge Breakout and retest complete.
hi guys i hope all of us doing good quick update on gold h1 chart bullish targets 1921 holding above next targets open on 1929,1934,1940,1945 bearish targets 1929 holding below next targets open on 1921,1915,1910 1934 holding below next targets open on 1929,1921,1915 1940 holding below next targets open on 1934,1929,1921
Definitely looking to trade some gold this week, We've entered the regional supply region, I believe price will seek the institutional safe heaven of 1900.000 in order to collect balance. Price is currently trapped within the 2h liquidity pool within 1930, let's see how the market develops on the opening. RR potential 1:16
Reason 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...
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#XAUUSD ANALYSIS.. In xauusd(gold) there is no fresh entry market are move in 1922 to 1934 zone may be market are making exhaustion move so wait for break this level 1922 zone or 1934 zone... If the market break 1934 zone then buy First target 1937,1940,1946. If the market break 1922 zone then we can go for sell First target 1918,1916,1911
This pattern seems bullish on DXY on H4 before the Friday data .Gold is also facing resistance at 1930-35 levels .
hi guys i hope all of us doing good uick update on gold h1 chart last few days market running on consalidation face lot of buy and sell orders building their big players one its done market moves buy or sell side we are able to anticpate our big players lets move on targets bullish targets 1919 holding above next target open on 1937,1941 1941 holding above...
The price reacted drastically in its pursuit to cross 1950. After the positive economic data, it's retesting 1928, 1920. If the decline continues it might cross 1912-15 zone and drop to 1902 and further 1886 levels. The larger trend is Bullish. We should wait out for the price to react at our areas, reversal might take place. This retracement could be the part of...
#XAUUSD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Gold is trading in this wedge pattern ,GDP data is due today ,on breakout of this wedge can clear the direction of gold for today.
Gold buyers appear to run out of steam as traders await the key advance US GDP for Q4 2022, following the five-week uptrend. A one-month-old rising wedge formation joins recently sluggish oscillators to tease the metal sellers. However, a clear downside break of the $1,917 support appears necessary to confirm the bearish chart pattern, which signals a theoretical...
Gold short setup considering dollar index trying to retest it's resistance area EP: 1933.17 SL: 1942.88 TP: 1923.89 RRR: 1
Gold from its lowes level getting trendline support Reach out such high where its created Resistance which is tested multiple time and failed to break still… If this time it will break and 1hr candle close above the resistance we can see such big up move….!!! KEEP AN EYE ON IT….!!!!!
Reason For Bullish RSI Above 40 and tends to be begin the bullish Stochastic 5,3, 3 Oversold and make the movement higher Approaching support @ 1930 Aseet ready to touch yesterday high of 1842.50 again