Xauusd4h
XAUUSD BUY PROJECTION AFTER SHORT SELL ANALYSISTechnical Reason Behind the Buy
1. Retest the Support and trendline of 1830-1840 after the Huge Fall
2. If the Market retest tehZone of 1830 then See a Clear Strong Sell Candle which make the THree strike whiteline Pattern Formation and make the Further buy
Fundamental Reason
1. Dxy clear Downtrend in 1d candle and Make teh short Buy correctioj ober 103.8
2. After the retest Gold Moves to 1830 and after the Downtrend Continuation tha XAUUSD maker Higher high to 1960
Over all Possible outcomes
XAUUSD BUYLIMIT 1830-40
TP 1940
SL 1810
XAUUSD SELL LIMIT @ 1945Reason For XAUUSD Fall
1. Breaked Out 1930 and ready to retest 1945
2. Stochastic and rsi indicates Bullish momentum
Fundamental Reason
1. If DXY break 101 and fall then gold will retest 1945 and later 1960
2. If take support here then gold may fall upyo 1899
Overall XAUUSD SELL LIMIT 1945
SL 1960
TP 1869
XAUUSD 1H BUY PROJECTIONReason for XAUUSD 1H Bullish
1. Stochastic Oversold in 1H Time frame and tends to Bullish
2. RSI 14 ISabove 50 and Bull trend in 1H
3. Clearly Obey Fibonacci retracement of 1669 whicj is golden ration
4. Retest the yesterday Low and make a Bullish
GOLD BUY 1672.80
SL 1665.00
TP 1681.50
XAUUUSD LONG PROJECTION XAUUSD BUY PROJECTION
Technical and fundamental Reason for the XAUUSD LONG
1. Last week friday 1d candle closed above the support region of 1710 and denotes the bullish monemtum
2. single candle confirmation indicates bullish as it formed teh Inverted Bullish hammer (Bullish move continued)
3. Formed teh Triangle flag patterna and push higher
Fundamental Reason
DXY reached the 20 year High and retest teh montly low of 108.00 in the following days as expexted
Overall Projection
XAUUSD/GOLD BUY @ 1710-1715
Stoploss - 1690
Target - 1769
Target and stoploss will vary according to the market change and it just an financial advive not a confirm call
08-04-2022 XAUUSD ANALYSISOne day candle shows a clear consolidation.
There is a major support and resistance.
Support at 1916.006 and Resistance at 1938.818.
The Blue and Red arrows indicates the number of rejections as support and resistance respectively.
If the price breaks the support levels then the price will fall to a target at it next support level 1907.043 and further down to 1896.923.
If the price breaks the support levels the the price will rise to a target 1949.700 and further up to 1958.406.