Xauusdbuy
BIG CHANCE TO BUY GOLD | CHECK AND CONFIRM MY ANALYSISDear Trader,
XAUUSD have strong key level between 1845 to1860 and its completely broken with strong bullish candle.
Also With Respect to Down Trendline it also broken with Strong bullish candle and now its retesting broken key level.
So its confirm that its going to more BUY and we have best chance to BUY GOLD.
We will take BUY order with Strong Stop loss ,
BUY GOLD (must use low lot size as per your balance )
TP 1 : 1878.254
TP 2 : 1904.195
TP 3 : 1960.00
TP 4 : 2015.00
TP 5 : 2072.588
Strong SL : 1800
Hopefully you will be gain more Profit.
Good luck Guys.
Thank you.
Gold Bullish momentum likely to continue.After strong resistance facing at 1960, precious metal dipped hard falling directly to 1900 support. 1900 support held up nicely and price is currently consolidatibg around 1915-1920. Our price target of 1958 is just below strong resistance of 1960. If market bias changes and gold breaks 1893 support, our SL is placed neately below at 1890. As a start of the new year, fascination about gold's new all time highs are luring XAU bulls to push price higher. We might see 2100 in not so long future.
GOLD FULL ANALYSIS!!!So, where is gold headed?
Okay so, this week gold has given us a move to the 1960 region but failed to break above it.
Now immediate resistance has been made in the 1964-1966 region.
How will we approach this situation?
If this structure breaks and the resistance turn to support then on the retest we will be looking for price action in 4hr. timeframe as we know it is the best timeframe for entry. So, if we get one of our valid entries then we will be taking long with a very good risk to reward ratio.
Also, we have a wedge pattern break and this break is bullish... So keep updated and follow me for more analysis.
PS - If you want more ideas and signals then personal message me here... I will surely help you
ANALYSIS ON XAUUSDOkay, so what kind of situation we are having on gold?
We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950
Now, how we will approach this situation?
We have a break of structure on daily we will be looking for long position on the retest of the support region if we get a valid entry in 4 hr chart...
Plus we have a trendline support too. However, we still have to see the price action in the region shown on chart...
Now, if you need any kind of help PM me
BUY XAUUSD IF THIS BREAKS!!!Okay so, we have been looking for a long entry in gold!!!
Here's a great opportunity again to buy gold we have to see the market reaction in this bubble region shown on the chart. if market breaks the trend of downside then we will be taking a long for a target of 1735 as an initial target.
So, keep this on your watchlist and let's see if there's gonna be a breakout or not!!!
Stay updated and Follow us for more!!!
GOLD SETUPS FOR THIS WEEK !!Alright so, what kind of situation we have in gold for the coming week??
If we see Friday's closing it closed pretty high at 1735 level. So, for the coming week 1725-1735 region will serve as a strong buying region and if prices test 1717 levels then it is a must-buy don't miss that great buying opportunity.
While on the other hand 1765-1773 region will serve as take profit region as we have to see the market reaction at that point!!! ***But do not short!!!!
We are seeing no indicators in this analysis and it's completely on price action.
XAUUSD is following the trend channel beautifully giving us a strong buying signal here.
Also, there is going to be a rally to 1800. So, if in this week we get a daily close above 1775 and prices stabilizes there for some time then we might be taking another long there!!! But after confirmation.
FOR FURTHER UPDATES STAY TUNED WITH US AND FOLLOW ME!!
XAUUSD W pattern in formation!!!!What is the possible scenario here???
According to me, a W pattern may be forming in the 4 hr chart as we know that GOLD prices are still bullish and also the rejection of the downside is seen again and again in the 4 hr chart.
Also, this region holds support too so, buying can be triggered again here. So, if you have a position open in long then keep it open otherwise do not short and once we get reversal i.e. prices move above 1747 levels and get stable we will be entering in long for the same target of 1765 and above this time.
BUYING REGION - 1727-1747.
PS- DO NOT SHORT THIS PAIR!!!!
Stay tuned and follow me for more updates :)
SELL XAUUSD!!!We have been bullish on gold lately. This time we have reached out take profit zone also strong resistance will be provided here.
So, if you have a long position open then take your profit here and we can take a short from here to 1700-1710 level as our take profit.
This is the whole idea for now.
STAY UPDATED !!!
ANOTHER RALLY IS ABOUT TO BEGIN SOON!!!!Yesterday, gold prices retraced back to 1740 region. Now, as we said earlier that anyone who took a short according to previous analysis then it's a good time to take profit here.
As gold is a highly bullish pair for now. We might have to see the market reaction at these two points that if it hovers over this 1730-1740 area for some time and our strategy satisfies, then we can take a long from here. And if prices break from here then we will long again from 1710-1717 region.
IN BOTH TRADES TP WILL BE OF REGION 1760-1780.
Just, wait for an upper breakout either from 1740-1730 region or from 17010-1717 region and we are good to go long.. :)
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STAY TUNED!!!
PULLBACK COMING IN XAUUSD!!!!Okay so, on Friday we have seen day closing at 1741 with 1751 high. We can see that resistance is provided at 1750 level and is expected too as this region holds multiyear resistance.
So, we have taken a short here as we said in our last analysis on gold. But, on the other hand we need to keep in mind that gold is highly bullish and a little overstretched towards upwards. This trend will continue but this pullback will be needed to attract more buyers.
According to me, buyers must enter at 1700-1711 levels as there is the support of the trendline, and if price breaks from here then buyers might look to enter at 1670 levels approx.
But prices are more likely to rebound from 1711.
So, we have to take profit at 1711 range or at least moe stop loss to secure some profit. There are fewer chances that prices go below that level this time.
This may be the situation in gold at this time.
I hope you like this analysis of GOLD!!! :)
Gold - is trading in a range after the channel breakout.Gold is looking much stronger after breakout of a long term bullish channel.
It is trading at a 10 year high, and fundamentals support further upside.
Buy the dips, with a stoploss of 1660 for positional longs and 1696 for intra-day longs.
Try to keep big targets 1840-1920, follow trailing stop loss system once it is above your buy level.
As you know, we have not so liquid "options" available with MCX, a bull spread can be considered if you are a conservative trader.
Please follow due diligence before taking any positions, consult your financial advisor / consultant before taking any trade using leveraged products.
XAUUSD - Can we enter in a trade ?Okay, so gold has been confined in the triangle for almost 1 month. It constantly made lower
highs and higher lows!!! And 1670-1685 region holds some strong support as price tested this region so many times but always made recovery from there. Also, 1610-1615 region is tested too many times also.
It is clear that if this triangle breaks above then first resistance will be provided at 1720 and it's also possible that market may remain stable at this point for sometime before breaking above or lower.
Also, we are stuck in the 1740-1670 range too. So, if 1720 breaks and 1740 breaks too then we may see a movement of about 40-50 USD upward and if prices breaches 1670 then we may see 40-50 USD movement downwards.
However, we are still more biased towards upward breakout because GOLD is still in bullish territory a little stretched upward but as I said earlier " GOLD is HIGHLY BULLISH!!!!".
But we will not get into any swing trade till we get a breakout. Also, there may be a breakout upward and prices may hover at 1720 for sometime. If, prices breaks above 1720 and gets stable then only we can go long because 1720 is strong resistance too.
Till, then we will KEEP CALM AND TRADE OTHER CURRENCIES... :)
If you like this analysis then drop a like and comment what do you think about gold?
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XAUUSD IDEAOkay, so, last week we have seen a beautiful rebound from 1671 levels which will be acting as strong support. On the other hand, gains are still capped till 1740 as this level is tested approximately 4 times in the daily chart. So, it is clearly showing strong resistance at 1740. If this level breaks, bulls will face immediate resistance at 1667, but it may get cleared easily if 1740 is broken and 1800 levels may be seen soon.
Still, there is a strong confluence of indicators at 1707. So, if 1707 breaks easily, then it will be a great long opportunity as then 1740 level may test once again. WHICH WILL BE A GREAT OPPORTUNITY FOR US.
WE ARE STILL BULLISH ON GOLD. SO, IF YOU DON'T WANT TO TAKE LONG POSITION THEN MUST NOT TAKE SHORT ALSO, BECAUSE IT'S STILL HIGHLY HIGHLY BULLISH!!!!
EITHER GO LONG OR BE NEUTRAL TILL 1740 BREAKS.
FOR LONGTERM TRADERS, JUST BUY AND TAKE PROFIT AT 1800. THIS MONTH, GOLD MAY REACH THIS TARGET.