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Xauusdsetup

Gold price in the last days of June !! 29/6 GOLDGold prices remained subdued on Wednesday as the U.S. dollar gained strength following hawkish remarks made by Jerome Powell at a central banking forum hosted by the ECB. By late afternoon, the XAU/USD was down by approximately 0.15% to $1,910, approaching its lowest level since March 15 and heading towards a monthly decline of over 2.5%. During a panel discussion in Sintra, the FOMC chief highlighted that the bank's policy-setting might not be restrictive enough. He emphasized that a majority of Fed officials support raising borrowing costs twice more in 2023. While some traders are skeptical about the possibility of an additional 50 basis points of tightening this year, this scenario should not be disregarded. Despite some doubts, the U.S. economy has shown remarkable resilience thus far, and traders should not underestimate its strength. However, if incoming data continues to surpass expectations, policymakers will be compelled to move forward with their plans to raise the terminal rate to address persistent inflationary pressures. downtrend is still strong, you can buy sell at: SELL GOLD zone at: $1924 - $1926 sl $1936 In the short term, you can wait for the price to recover 1 beat and then sell. Based on technical indicators EMA 34, EMA 89 to determine the resistance point $1926
OANDA:XAUUSDShort
by DNA_TradingFX
19
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
FX:XAUUSDLong
by kripsonfx97
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.
OANDA:XAUUSD
by babuganesan
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
OANDA:XAUUSDShort
by Aditya_Mishra1