Technical 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
1. Dxy clear Downtrend in 1d candle and Make teh short Buy correctioj ober 103.8...
All major points are clearly plotted on the chart, if you have any query or doubt, can contact me through below comment system...
This analysis is invalid if XAUUSD cross upward the point 1925...
Thanks for your support...
As per my calculations and previous chart history, I am going short but with tight stop loss according to my risk management and I will set a buy stop in that case..
All main points are also projected on the chart...
Please do your own research before taking any decision of trading in this volatile market...
Local Support @1920.079 and
Sell Stop @1929 with
Reason For Bullish
RSI Above 40 and tends to be begin the bullish
Stochastic 5,3, 3 Oversold and make the movement higher
Approaching support @ 1930
Aseet ready to touch yesterday high of 1842.50 again
Reason For XAUUSD Fall
1. Breaked Out 1930 and ready to retest 1945
2. Stochastic and rsi indicates Bullish momentum
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
As per previous chart history or my forecast about xauusd, it is going according to the forecast as in previous chart and itself. All major points are mentioned on the chart... Go through all points carefully and enter in this volatile market at your own risk...
Thanks for your support...
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
GOLD SELL 1629.30
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
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XAUUSD Bullish Monentum Noted after theTwo days of Low 1660
DXY locxated at the 110 strong Resistance zone and Looking of Huge fall after the FOMC tonigh
After the consecutive increase in the intrest rate the Gold moved a Bullish Movement after the Rate Hike
If the Intrest rate increased as of teh forecast we can see a rally to 1750
Fundamental & Technical Reson For GOLD XAUUSD Fall in upcoming Week
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
1. DXY ready for the rakky of 115 which presently retesting 110 which is 20 years High
Hello Everyone Gold Broken His Support At 1714 Now All EYES ON 1705 if break this level then we can accept more down side trend till next support 1680 #dxy is also looking bullish already broken his previews high so we can accept more down side on gold
Time Frame: 4H
We are planning a short trade considering the strength of dollar and the counter position of the instrument against it.