XAUUSD 15M SELL PROJECTIONKEY TAKEAWAYS
Throughout history, gold has been seen as a special and valuable commodity.
Today, owning gold can act as a hedge against inflation and deflation alike, as well as a good portfolio diversifier.
As a global store of value, gold can also provide financial cover during geopolitical and macroeconomic uncertainty.
Gold has an actual purpose as it's been used in electronics and dentistry.
Gold is becoming easier and easier to buy, and you can now own gold without having to physically maintain or secure it.
Xauusdsetup
GOLD SETUP TRADE WIH 1:6 RISK REWARDGOLD SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on XAUUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
GOLD SETUP TRADE WIH 1:6 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
GOLD SETUP TRADE WIH 1:6 RISK REWARDGOLD SETUP TRADE WIH 1:6 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 15M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:6 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:8 RISK REWARDGOLD SETUP TRADE WIH 1:8 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 1H trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:8 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:15 RISK REWARDGOLD SETUP TRADE WIH 1:15 RISK REWARD
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 15 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 15 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
GOLD SETUP TRADE WIH 1:8 RISK REWARDGOLD SETUP TRADE WIH 1:8 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 1H trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:8 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:11 RISK REWARDGOLD SETUP TRADE WIH 1:11 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 1D trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:7 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:10 RISK REWARDGOLD SETUP TRADE WIH 1:10 RISK REWARD
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
GOLD SELL SETUP TRADE WIH 1:7 RISK REWARDGOLD SETUP TRADE WIH 1:7 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 1D trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:7 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:10 RISK REWARDGOLD SETUP TRADE WIH 1:10 RISK REWARD
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
GOLD SETUP TRADE WIH 1:10 RISK REWARDGOLD SETUP TRADE WIH 1:10 RISK REWARD
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
A good Buying detected on GOLD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
XAUUSD 15M BUY PROJECTION
XAUUSD can be influenced by global news and economic data releases, but its price does not fluctuate as rapidly as that of stocks, cryptocurrencies and other risky assets. In times of economic uncertainty, investors use gold to save their funds. Knowing their funds are safe.
XAUUSD June 4, 2024 has the uptrend begun?
Yesterday after the PMI news was announced, we witnessed a price increase to the 2354 area.
- The PMI index is used to measure the degree of expansion of industries. We see that this index is lower than the previous period, which continues to support the fact that the US economy currently continues to show signs of decline.
- In recent weeks, economic indicators have signaled that the US economy is showing signs of decline, combined with inflation cooling down, this is a signal for the FED to cut interest rates in the near future. .
Looking at H1 last night's increase continues to confirm for us that the wave 5 target has been achieved at the price range of 2317.
- So now we may have a new trend forming. We have the 2464 price range used to confirm this trend when the price surpasses this price range.
- Currently, we expect a correction to consolidate this newly formed trend when the price does not surpass the 2315 price range. That is, we measure the target of this correction at the 2335 and 2330 zones.
Planning to buy more when the price reaches these areas, we wait for a reaction to find a reversal signal to execute the buy order
Deekop's analysis is free from any personal bias intended to serve everyone. I can't always be right - no one can. But my analyzes reflect Deekop's meticulous assessment of the market situation in the medium and long term and nothing more to help people have the best trading plan.
XAUUSD May 29, 2024 Is the upward correction over?Looking at the current H1, we see that the price has reached the first target of wave 4
Looking at the preliminary forecast of US economic indicators tomorrow night we see.
- Prelim GDP q/q decreased from 1.6% to 1.2%
- Unemployment Claims increased from 215K to 218K
- Pending Home Sales m/m decreased 3.4% to -1.1%
US economic indicators show that the economic situation appears to be weakening due to tightened monetary policies. Maintaining high interest rates today makes it difficult for people and businesses to access capital, leading to a decrease in people's demand for housing consumption, in addition to pushing up raw material prices, leading to increased commodity prices. making it difficult to maintain operations of factories, leading to an increase in people applying for unemployment benefits. This continues to put pressure on the Fed to loosen monetary policy in the near future.
Looking at the current H1, we see that the price has reached the first target of wave 4 and the price is reacting sideways in this area. If the price breaks below the 2352 area and then recovers without exceeding the previous peak area, this is a very good sell down signal.
- If the price rises above the 2364 area, we wait for the target wave number 2 of wave 4 to find a sell signal.
- After the price completes wave 4, it will continue to trend with wave 5. From the current data, we will get the expected targets of wave 5 at target zone 1 at 2322 and target 2 at zone 2311.
- In the target areas of wave 5, we will find suitable conditions to enter a BUY order
Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later.
Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
XAUUSD on May 23 2024 fluctuated strongly after the Fed meeting?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone.
Financial freedom is true freedom.
Yesterday the Fed meeting with its published content showed
- The data shows that commodity prices have increased significantly recently, which indicates that inflation is increasing.
- Fed says inflation may take longer to fall
- The current federal funds rate is enough to slow US economic activity and reduce inflation
With such announcements, it appears that the prospect of interest rate cuts expected by the Fed this year may be changed.
When this information was announced yesterday, it immediately pushed gold prices down sharply yesterday session to 2370.
Look at H1
- Wave c is the last corrective wave of the abc corrective wave, the structure of wave c includes 5 small waves
- The strong and sharp price decrease last night can be said to be wave 3 in wave c being formed.
- We expect that the expected target of wave 3 is level 2365 and level 2345
- Then there could be a small correction to complete wave 4 before continuing to complete wave 5 as well as wave c of the correction.
- We observe the formation of wave 4 ending to determine the target of wave 5 as well as wave c of the correction
Trading plan
We continue to observe the completion of wave 3 and wait for the end of wave 4 to determine the target of wave 5 to buy.
Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later.
Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
XAUUSD May 20, 2024 What is the target of this price increase?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone.
Financial freedom is true freedom.
Last week, the Russian president's visit to China will have two purposes: first, Russia and China create cooperation, which will make Russia's war in Ukraine continue to take place according to Russia's plan after the With China's support, the war in the Middle East and the factions supported by these two countries will gain more momentum. Second, these two countries are key members of the BRICS bloc. This visit will create momentum for the bloc to continue buying Gold to strengthen the bloc's common currency that is about to be released.
In addition, with last week's announcement of US economic indicators, we see a decrease in the number of applications for unemployment benefits in the context of a continuous decline in the labor market, and at the same time the CPI index is at a high level. This shows that the American people are gradually adapting to the current economic situation, which will create confidence for the Fed to at least keep interest rates high to restrain inflation.
So we see that the current volatile world situation is having a stronger impact on gold prices than the US economic index.
Looking at the H1 graph based on the Elliot wave principle, we see
- The price is at the end of wave 5. After measuring the target forecast for the end of wave 5, we have potential target areas that are 2444 and 2460.
- After wave 5 ends, we expect an ABC correction before continuing the uptrend
- The corrective wave target is expected to launch from the peaks of wave 5. We have 2 expected targets: area 2400 and area 2380. But according to the Elliot wave principle, corrective waves are often very complicated and take a long time.
Trading plan
In the Sell plan, we align the important price zones at 2444 and 2460
In our Buy plan, we watch the important price zones at 2400 and 2380
Scalping strategies are applied when the upper resistance - support area provides an entry signal.
Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later.
Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
XAUUSD week 3 May 2024 Is the uptrend over?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone.
Financial freedom is true freedom.
Last week, we saw that the US economy also sent remarkable messages. For the first time, the number of applications for unemployment benefits decreased despite the softening of the labor market, this shows that the American people are gradually adapting to the current controlled economy, plus the CPI released last week has increased beyond expectations, this will create motivation for the Fed to continue maintaining high interest rates in the near future
Although the US economic situation will still keep high interest rates to restrain inflation, this will create strength for the USD, but the current geopolitical fluctuations in the world will still create conditions for gold prices to increase and volatility to occur. The gold became a safe place for him to hide
Looking at the 1D chart, we rely on the Elliot wave principle to analyze price movements
- Last week we saw a strong price increase and currently the price is clinging to the peak of 2433.
- At this point, it is still early to conclude whether correction wave 4 has completed or not.
- We have the price level that confirms the completion of wave 4 and the start of wave 5 at 2433.
- If next week the price breaks out through 2433 then we have confirmation that wave 4 has completed and the price is in rising wave 5 then we will measure 2 expected price targets for the end of wave 5 which is the 2500 area. and area 2550
- If the price cannot break the 2433 zone and turns down, then the price is still in correction wave 4 and at a smaller wave level, the price will complete wave b and will continue to complete wave c as shown on the chart.
- Then wave b is confirmed when the price breaks out through the 2280 area, then we will have the target to end wave c measured at the price range 2455 and 2211
Above is Deekop's plan for next week and the daily plan will be updated by Deekop every day
Scalping strategies are applied when the upper resistance - support area provides an entry signal.
Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later.
Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
XAUUSD 13.04.24 SELL & BUY PROJECTION Reson For Sell
1.Reached all time High and Seller Pushes to Lower
2. Breaked Support @ 2365
3.Retesting the Breaked Zone
Reason For Bullish
1. Obey Trendline $ Support @ 2310-20
2.Fundamendal News and Politics
Overall Possible Outcomes
XAUUSD SELL 2355-60
SL 2370
TP 2320
XAUUSD BUY 2310-2320
SL 2270
TP 1 2360
TP 2400
TP 3 2430