XAUUSD 1H BUY PROJECTION 28.05.24KEY POINTS:
U.S. PCE data due on Friday
Traders price in about 62% chance of rate-cut by November Vietnam's central bank to stop domestic gold auctions
Gold prices held steady on Tuesday as the dollar eased, while investors looked forward to key U.S. inflation data that could offer clues on how soon the Federal Reserve can cut interest rates.
Spot gold
GOLD
was flat at $2,350.85 per ounce, as of 0350 GMT, after rising about 1% in the previous session.
U.S. gold futures
GOLD
rose 0.8% to $2,352.00.
Xauusd4h
XAUUSD 13.04.24 SELL & BUY PROJECTION Reson For Sell
1.Reached all time High and Seller Pushes to Lower
2. Breaked Support @ 2365
3.Retesting the Breaked Zone
Reason For Bullish
1. Obey Trendline $ Support @ 2310-20
2.Fundamendal News and Politics
Overall Possible Outcomes
XAUUSD SELL 2355-60
SL 2370
TP 2320
XAUUSD BUY 2310-2320
SL 2270
TP 1 2360
TP 2400
TP 3 2430
Gold is going to Rocket Up 🚀Disclaimer: This is not a trading call, but simply my personal analysis.
Observation: On the 4-hour timeframe, there appears to be an order block and liquidity present. Based on this, I believe there's a possibility that gold could attempt to fill this liquidity gap and potentially mitigate the order block this week.
Trading: This analysis is for informational purposes only and should not be considered trading advice. Please conduct your own research and due diligence before making any trading decisions.
XAUUSD ASCENDING TRIANGLE PATTERN 07.01.24Reason behind the Buy Projection
Tecnical Reasons
1. Bullish Spinning Top In both Single/double Candlestick
2.Three Line Strike in Trible candlestick
3.Ascending Triangle pattern Formed
4 Keyfactor
* Obey Strong Trendline @ 2030-40
* Obey Fibo Golden ration @ 2017
Fundamental
Formation of Bearish Spinning Top in DXY pushes Lower and obet Trendline
Overall Possible Outcomes
XAUUSD BUY @ 2020-2030
SL 2000
TP 1 2074
TP 2 2100\
TP2 2154
XAUUSD BUY PROJECTION|NEW HIGH EXEPECTEDReason Behind the Bullish
1. Bullish Inverted Hammer In Single Candlestick Pushes Higher
2. Three Outside Up candlestick Make the Buying Pressure and make continue of Uptrend
3. Breaked the Support 2045-50 last Week
Overall Possible Outcomes
XAUUSD Buy @ 2030-45
Sl 2015
TP 1 2060
TP2 2090
TP3 2150
XAUUSD DOWNTREND CORRECTION STARTED 08.10.23Reason Behind the XAUUSD Bullish Setup
1. Fake candlestick Formation due to Obey of trendline and support @ 1810
2. Double Candlestick Confirms Half Confimations Bullish Engulfing and make the higher Movement
3.Three strike Line formed in trible candlestick and make Bull Movement
4. Hikake Bullish Setup takes the XAUUSD to Higher and breaked 1925
5. Decending Broadaning Formed and push the correct over the trend line @ 1900
Overall Possible Outcomes
XAUUSD BUY @ 1810-1825
SL 1780
TP 1 1860
TP 2 1880
XAUUSD Sell Continue & Bearish SpinningReason Behind the Sell
1. Bearish Spinning Top the further Sell side Movement towards Swing low of 1905
2. Symmetrical Triangle Bearish Continuation and Sell trend Expected teh breakout and TReady for strong Sell Movement
3. Obey Resis ,Trendlien and retest the previous High
Overall Possible outcome
XAUUSD SELL @ 1940-45
TP1 1905
TP2 1965