Gold XAUUSD downtrendAll that glitters is not gold!
XAUUSD or Gold is in a downtrend and hurtling along in this down trending channel. Had updated about it in some of my previous posts too.
Xauusdanalysis
XAUUSD Next Move One Week ProjectionAs per previous chart history, XAUUSD can be move upward or downward as per the local support, major support. Do your own research before entering any trade (short or long)
Buy Stop @1752
TP1 @1770
TP2 @1790
TP3 @1805
Sell Stop @1767
TP1 @1752
TP2 @1745
Local Support @1745 - 1740
Buy Limit @1720
For Long after reversal from the Major Support Line @1696.973
XAUUSD REVERSAL ZONE STAY TUNETRADING SUGGESTION:
Now we looking to the gold market coming into reversal area,so wait for market get perfect SELL trade.
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TAKE A TRADE,SIT BACK AND RELAX
XAUUSD 4H Now we are trading at daily zone and 4H high has been swept price is in bullish trend and price is in control of supply now.
When we see a bearish CHoCH we can look to play shorts and CT trades as well.
My view is that we need to break internal low in order to price move downwards, as it will take more time.
Meanwhile we can play counter trend trades .
Am thinking price must tap on that demand and it will go up.
Lets see how it goes
Is Gold Ready for 2000$ + ?Looks like finally Gold has started run toward 2000$ + , small hurdle at 1850& and if it sustains above it then 2000$ on cards... Let's wait and watch.
SHORT IN GOLD gold bearish moment is continue as i can see in the chart and market moment
and may be in CPI date gold will be break 1620 support
gold sell zone hello guys this is only for studies and educational purpose not for any kind of singal your can take as price action
XAUUSD 1 Min time frame analysis for intraday tradesXAUUSD 1 Min time frame analysis for intraday trades , check this trades in 1 min time frame for better result
GOLD Bi am long gold because
The downtrend has reversed
the previous daily close is higher than the previous day's high
the moving averages 50 , 100 and 200 are bullish !
Gold long possible Gold xauusd buy now @ 1666
Stop loss 1640 (260 pips)
Target one 1677 (110 pips)
Target two 1697 (310 pips)
Target three 1713 (470 pips)
Target four 1733 (670 pips)
Trade based on double bottom pattern in daily timeframe and breakout of resistance 1671 in hours 2 timeframe and based on pure price action levels
If you like my idea keep supporting me and like and start comments
Xauusd major resistanceXAUUSD is heading towards a major resistance which allows it to make a big move towards downtrend on D1 candle following the trendline.
XAUUSD 1H SHORT SELL PROJECTIONN🔹FX SIGNAL
GOLD SELL 1629.30
SL 1640.00
TP 1615.50
Reason For Short SELL
1. RSI below 50 and tends to be bearish in 1H trend
2. Stochastic Indicates sell due to asset overbiught and cross below 80 and confirm sell
For more Follow us
GOLD BREAK OF BULLISH MARKET STRUCTUREXAUUSD just broke bullish market structure. It failed to break Higher high and created a double top which will be confirmed as it breaks below 1705.
Will be entering short as it breaks below 1705 and confirms it on hourly chart TP 1 will be 0.5 Fib which is 1672.05 and TP 2- 1658.42. will go for TP 3 1617 if it breaks below golden pocket of 0.618.
My SL will be 2%
I'll be entering short only if it actually confirms the double top by breaking below 1705. that will confirm market has actually flipped to bearish
gold shortthis is only for eduction wait for gold to make next move
i think gold have to go first 1591 or more down to make another uptrend move
xauusd intradayXAUUSD have collected asian high liqudity
and its uptrend now so focuing on bos entry
and high volume also available near ob
so we can expect a buy there for intraday
XAUUSD H1 Next Price ActionHello Traders As Per Our prediction gold made low of 1620 and rebound from area so we can accept this kind of moments on gold
Double Top breakout or False breakout #xauusd #gold #gc #xauDouble top breakout in #xauusd. I think will get confirmed after this weeks #FOMC whether is a false one or not.
If confirmed, minimum target = 1450/1400$
Technically, dollar index #dxy looking bullish in longer time frame so quite possible of the #gold targets given above. Only time will tell.
#fingerscrossed.
Happy Trading.
XAUUSD AGAIN READY FOR WATERFALL 18/09/22Fundamental & Technical Reson For GOLD XAUUSD Fall in upcoming Week
Technical Analysis
1.Market closed beloe 1780 and breakout confirmed
2.Retest Will happen over 1654 whicjh is Last week Low
3. Clear Downtrend Continuation For Six Month
Fundamental Analysis
1. DXY ready for the rakky of 115 which presently retesting 110 which is 20 years High
2. Prelim UoM Consumer Sentiment Last week news Impact and made teh USD again stronger
XAUUSD SELL 1775-1780
SL -1710
TP-1630
GOLD - XAUUSD for 19th SEPTEMBER 2022Gold analysis for the week starting from 19th September 2022.
Use my levels and zones in either on Hourly or 15 Minutes or 5 Minutes for best Risk Reward trades.
Never trade with out a stop loss.
700 pip downside move in goldOne of the largest moves caused by the unexpected US inflation data has been in gold.
Gold has finally broken through the monumentally important support level of $1,680 and has pushed all the way down to ~$1,660/oz. Gold achieved this huge break to the downside in one four-hour period.
Before this, gold was already feeling the downside pressure, experiencing a drop from ~$1,730 to ~$1,700 in the immediate aftermath of Tuesday’s US inflation data.
Total movement to the downside in gold since Tuesday now sits at around 700 pips.
Gold weakness is being driven by the expectation that the US Federal Reserve will enact a greater-than-expected interest rate hike next week. The markets are currently pricing in the 30% chance that the Fed delivers a 100-basis-points rate hike. For one, ex-Treasury Secretary Larry Summers is calling for a 1% hike.
The markets are now pricing in a 30% chance of a 75-basis-points hike because US inflation subsided less than expected (8.3% vs 8.1% expected) on Tuesday. However, the worst data point is the 0.1% increase in core CPI (excludes volatile energy and food prices), a shocking result after the markets got used to the idea that inflation (in all its measurements) had peaked.
XAUUSD TECHNOCAL ANALYSIS
XAUUSD broke out the raising wadge yesterday 1H time frame, it badly fall in cpi news release +350 pips, I had BUY LIMIT @1697 WHICH GOT TRIGGERS YESTERDAY only still there's more space to fall more expected next wick fill @1688, overall xauusd is in a downtrend, I will add 1 layer @1685 for the long position
