xauusd short tradenot comfortable going long too much resistance on left on htf
this short has good RR
Make sure to Be it can flip bullish anytime too
Xauusdsetup
Xauusd neutral because it has potential for both sides !
my trigger is 30 minute support or breakout
my enter will be on 5 minute flips
XAUUSD GoldOANDA:XAUUSD
XAUUSD gold has created inverted Flag and pole and it has a multiple rejections at 1823.981 which is an important level, if it breaks the level and sustains then we can plan for buying side.
XAUUSD 1H BUY PROJECTION 10.03.23Reason For XAUUSD Buy
1. Breaked the Resistance of 1830 and retest again for Further Pullback
2, RSI 14 Above 50 and further upside Move
3. Stochastic oscillator Below 30 and tends to future Bullish Movement
XAUUSD BUY PROJECTION AFTER SHORT SELL ANALYSISTechnical 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
Fundamental Reason
1. Dxy clear Downtrend in 1d candle and Make teh short Buy correctioj ober 103.8
2. After the retest Gold Moves to 1830 and after the Downtrend Continuation tha XAUUSD maker Higher high to 1960
Over all Possible outcomes
XAUUSD BUYLIMIT 1830-40
TP 1940
SL 1810
#XAUUSD We may see a correction upto 1860-1830 #XAUUSD We may see a correction upto 1860-1830 If it is rejected from 1910-1920 level
XAUUSD 1H SELL PROJECTIONXAUUSD 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
XAUUSD 1H BUY PROJECTIONReason 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
XAUUSD 15M SELL PROJECTIONReason For XAUUSD Sell
GOLD SELL 1652.28
SL 1659.00
TP 1620.50
1. Fibnoacci Support @ 1654
2. Retest Weekly low as the Technical Factor
3. RSI 14 below 50 and tends to sell
4. Stochatic overbought In 1h
XAUUSD 1H SELL PROJECTION 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
GOLD | 30m intraday | Long Setupgold 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!
08-04-2022 XAUUSD ANALYSISOne day candle shows a clear consolidation.
There is a major support and resistance.
Support at 1916.006 and Resistance at 1938.818.
The Blue and Red arrows indicates the number of rejections as support and resistance respectively.
If the price breaks the support levels then the price will fall to a target at it next support level 1907.043 and further down to 1896.923.
If the price breaks the support levels the the price will rise to a target 1949.700 and further up to 1958.406.
GOLD SHORT! confluence - RWH touched of previous week , and consolidated/distributed for like 1 week straight, mark down divergence in (4 hours TF and daily TF!!) , got a big stop hunt in us brinks - Thursday (second leg of the M) , a lot of 4 hours stopping volume coming at the top , broke this M pattern and touched the RDL (mean we have completed level 1 of this M pattern (1 hour TF)) , we have completed 3 levels in 15 min cycle so we are expecting a retrace to 1 hour 50 ema with 3 levels to the up side on mon-tue and m pattern on wed as mid week reversal which is align with non-farm news , we are ending week below the psy and formed type 3 london pattern today + 4 hours TDI starting to expand to the downside after this consolidation
XAUUSD LongXAUUSD Long
R/R: 1:3
I think Strong Support, Bullish Engulfing
Feel free to share your opinions in the comment!
XAUUSDXAUUSD 15m Chart, Enter based on break of 15min consolidation area of Pre-NY session. SL below current 15m candle
XAUUSD PA Key Level Breakout SignalShort Signal
Entry ~ 1480.00
Stop Loss @1491.00
Take Profit @ 1450.00
This Entry Based on HS Neckline Breakout's Retest Level.
