If XAUUSD (which represents the price of gold in US dollars) breaks a trendline in a 15-minute chart, it means that the price of gold has crossed and closed below a line that connects at least two previous price points, indicating a potential shift in the direction of the trend.
This could mean that a previous uptrend has potentially reversed, and the market...
#XAUUSD is at crucial support Level 1810-1835 Another Support Near 1793-1776 We may see bounce back from this level and this rally will go upto 2000-2100$ level.
Reason 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 Overall Outcome
🔹FX SIGNAL
GOLD SELL 1744.20
SL 1751.12
TP 1728.50
ReASON For SELL
1. RSI 14 @ 50 and tends to be bearish
2. Stochastic indicator is over bought and tends to be bearish ans retest the yesterday Low of 1731
Reason 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
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...
XAUUSD 1H SELL PROJECTION
Reason behind Fall
RSI 14 above 50 and make Bullish in 1H time Frame
stochastic Indicator indicates Overbought an tends to Fall
Possible Outcomes
GOLD SELL 1668.28
SL 1678.00
TP 1648.50
XAUUSD 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
One 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...
gold is getting strong from intraday perspective, not only gold but GBPUSD (since they have co-relation). i think its will be a nice trade since they both are also forming ascending channel.
NOTE : only for education purpose.
ALL THE BEST!
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...
XAUUUSD SELL OPPORTUNITY
SELL @ 1730-1745
Target Price 1680
Stoploss Price 1770
Reason For GOLD XAUUSD SELL
1. Obay DAY candle support and bring rejection and tends to sell
2. Clearly formed BEARISH ENGULFING and make possible t fall again
3. Fundamentally the intrest rate may hike for short while
