Xauusdlong
XAUUSD BUY CONFORMATIONTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1777).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in an uptrend, and the continuation of the uptrend is expected.
Take Profits:
TP1= @ 1782
TP2= @ 1791
TP3= @ 1802
SL= Break below 1771
GOLD BUYS!
potenital buys above 1791.28 if 1hr candle close above that support and next candle creates a down wick and breaks the marked location .
easily secure at 1796.68 at put Partials at BE
SL will be below the support at the bottom of the wick of current candle.
TODAY IS FRIDAY SO LESS VOLUME THATS WHY CLOSE 50% WHEN PRICE GO BELOW THE SUPPORT AND CLOSE FULL WHEN REACHES NEAR SL.
FOREX GOLD XAUUSD TODAY LEVELS || 28/07/2022FOREX GOLD XAUUSD TODAY LEVELS || 15/07/2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
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warning: Note! The Analysis video shared here are for educational/informational purposes only.
XAUUSD ANALYSIS OVER H4 CHART.Gold Price Forecast: XAUUSD eyes $1,750 on the road to recovery
Gold price is reversing an early dip but remains cautious at the start of the critical Fed week. The rebound in the US dollar from over two-week lows capped the bullion’s ongoing recovery momentum. The greenback climbed on the back of renewed risk-off flows, triggered by a revival of recession fears, as the Fed remains on track to hike rates by 75 bps to control inflation. Investors remain worried over a potential negative US GDP print in the second quarter, which would tip the world’s largest economy into a technical recession.
The bright metal extended its recovery from 11-month lows and hit fresh weekly highs at $1,739 on Friday, tracking the slump in the US Treasury yields, as growth and inflation worries sapped investors’ confidence and boosted the safe-haven flows into the government bonds.
Above 100 SMA, bulls will aim for the horizontal targets aligned at $1,745 and $1,752.
After spotting a symmetrical triangle breakdown on the four-hour chart on Wednesday, gold price extended the downside and hit the pattern target measured at $1,781.
On the flip side, if bears take out strong support around $1,713, the confluence zone of the 21 and 50 SMAs, then a drop towards the $1,700 mark cannot be ruled out.
The multi-month troughs of 1,681 will be back on XAU sellers’ radars.
Trading Signal For Gold XAUUSDTrading Setup:
There is a Trading Signal to Buy in Gold XAUUSD
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 1702.3
⭕️SL @ 1694.45
🔵TP1 @ 1721.7
🔵TP2 @ 1736.15
🔵TP3 @ 1759.8
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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BULLISH SIGNAL FOR XAUUSD / GOLD ON CPI With the major data in line that is US - CPI data which is expected to come positive the Gold is set for another bullish run .
With the falling wedge formation the support will be 1718-1720
Target 1 : 1775
Target 2 : 1805
Stop loss : 1710
Gold is Currently in Consolidation | Low Volume DayGold is currently trading in range , we already seen good bounce from the recent Low/Support 1785, We have to wait how Price Behave if it test the marked Zone (High Volume Zone ) 1805 area .If able to hold on this zone then we can think about the buy otherwise more decline/Re-Test possible.
**Previous Idea Comes true***