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Xauusdlong

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
FX_IDC:XAUUSDLong
by ng_forex
Don't miss the great sell opportunity in XAUUSDTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1982.30). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 1965.30 TP2= @ 1954.70 TP3= @ 1929.00 TP4= @ 1906.50 TP5= @ 1863.70 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity_ME
6
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
FX_IDC:XAUUSDLong
by ng_forex
Gold , XAUUSD Weekly analysis , Jul 20-24Hi Gold traders, Here i am giving you price action analysis of Gold against Dollar pattern, Have witnessed the sideways market on last week . technical analysis tells us the price sitting at the strong Resistance area at 1810 to 1815, Confluence support area at 1801 may send the price up till 1829 this week , since we closing on end of July can expect a reversal motion from the highest price of this year.. this may set the platform for August month price move.. Note - price action analysis given for education purpose..not the final result of the price movement
FX:XAUUSDLong
by Akfx369
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!!
FX_IDC:XAUUSDLong
by ng_forex
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 :)
FX_IDC:XAUUSDLong
by ng_forex
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.. :) Follow our new facebook page here - @forexng70 Your support will motivate us!!! STAY TUNED!!!
FX_IDC:XAUUSDLong
by ng_forex
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!!! :)
FX_IDC:XAUUSDShort
by ng_forex
Will the uptrend momentum continues next week on Gold/XAUUSD ?XAUUSD pair last week finished with higher price of 1747 from 1692 , Gold demand has been increasing because of pandemic from March onwards and it still continues, last week momentum clearly shows the pair's urgency to cross 1800 mark and its is in the sight. But this week it may stops by the strong resistance area @ 1750 and it may keeps the gold down for some days not so long..might retrace down to touch 1720 area . So this week Gold's aggression may not present.. its a hope
FOREXCOM:XAUUSD
by Akfx369
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? FOLLOW ME FOR MORE UPDATES ON XAUUSD :)
FX_IDC:XAUUSD
by ng_forex
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.
FX_IDC:XAUUSDLong
by ng_forex
BUY XAUUSDAs we can see that at the beginning of this week XAUUSD was going down but it clearly got a strong support at 1700 level and we are getting this short triangle nearly ending and its showing upward potential, and if this happens as we thought then after breaking and stabilizing above 1740 levels will give a bull run towards 1800 levels. So, it's a great buying opportunity for long term traders with almost 100 USD to bag. It's a great opportunity, so go for it!!! BUY IT NOW!!!!! FOR GREAT SWING. :)
FX_IDC:XAUUSDLong
by ng_forex