DOUBLE TOP VISIBLE IN XAUUSD - SHORT OPPORTUNITY IN GOLD ?Symbol - XAUUSD
Gold has given a huge up move in recent months after breaking out of 2070 - 2080 zone.
Gold went till 2430 on 12 April and witnessed sharp selling immediately from that level. After consolidating, It tested 2420 level today again and exhibited sharp selling from that level for the second time.
XAUUSD CMP - 2392
I'm planning to short it between 2392 - 2410 with SL above 2427.
Gold is following a support trendline. I will add more position on breaking this trendline.
Targets will be 2358 - 2338 - 2300 - 2260
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Xauusdshort
XAU/USD Gold Technical Analysis - Gold has shown a very impulsive move from its point of release
- Gold can continue its impulsive move for long as well
- However, when a ball bounces hard gravity always pulls it back again, apply the same concept here when you think about getting in the middle of a Trend or at the Top
- Similarly wait for a pullback if you are looking for fresh longs.
- If you are already holding this continue to ride you winners
XAUUSD - SMALL RISK FOR HUGE REWARD ?XAUUSD currently trading at 2292
Shorting XAUUSD at CMP with 2320 SL.
Target would be 2230 - 2200 - 2180
Expecting a fall soon!
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GOLD GOOD FALL DETECTEDGold showing a good falling due to
The neckline breakout Strategy
Also a heavy fall also showing due to volume
Increasing for sell
Just wait for pure breakout then grab it
Follows for more SURESHOOT tradeing setup
Gold showing a good falling due to
The neckline breakout Strategy
Also a heavy fall also showing due to volume
Increasing for sell
Just wait for pure breakout then grab it
April 2, 2024 trading strategyThe record rise in gold prices is a sign that investors are worried that the Fed will not be able to control inflation when it starts cutting interest rates.
Investors should wait for a pullback before buying. Gold may return to the price of 2,150 USD and will attract a number of new investors. The upward trend of world gold prices continues as the market is witnessing that central banks of countries are selling off the USD. to buy gold.
If the US job market is stronger than expected, combined with "persistent" inflation, it may force the Fed to delay the start of the monetary policy loosening cycle. This will negatively impact precious metals.
Unveiling the Golden Mystique: A Financial Analyst's PerspectiveIn the realm of finance, few assets possess the timeless allure and steadfast value that gold embodies. As a financial analyst delving into the intricate tapestry of investment landscapes, I find myself drawn to the enigmatic brilliance of this precious metal.
Gold, often heralded as the ultimate store of wealth, stands as a symbol of stability amidst the tumultuous waves of economic uncertainty. Its scarcity, intrinsic value, and historical significance intertwine to form a narrative of resilience that transcends generations.
Beyond its tangible allure, gold serves as a barometer for market sentiment and economic health. Fluctuations in its price reflect the ebb and flow of global confidence, offering valuable insights into the prevailing state of affairs.
Yet, the allure of gold extends beyond mere investment appeal. It holds a cultural and symbolic significance, revered by civilizations throughout history. From ancient treasures to modern-day reserves, its lustrous presence permeates both financial markets and human consciousness.
In the face of evolving financial landscapes and emerging investment opportunities, gold retains its luster as a cornerstone of diversified portfolios. Its role as a hedge against inflation and currency fluctuations remains unyielding, providing investors with a sense of security amidst volatile times.
As I navigate the intricate nuances of financial markets, I am continually reminded of the timeless wisdom encapsulated within the golden embrace. Its allure is not merely confined to the glittering facade but resonates deeply with the essence of wealth preservation and enduring value.
In conclusion, the enigmatic allure of gold transcends the realms of finance, offering insights into the intricate dance of economics and human behavior. As a financial analyst, I remain captivated by its mystique, recognizing it as a steadfast beacon amidst the ever-changing tides of the financial world.
Potential Future Outlook for XAUUSD - March 12th, 2024Why We Think the Price Might Drop:
1. The support level broke at 2160 and is being tested again.
2. The RSI (Relative Strength Index) is around 40, suggesting a signal to sell.
3. The Super Trend indicator indicates a bearish trend.
What Might Happen Next:
Overall, it might be a good idea to sell XAUUSD when the price is around 2160 . We're aiming for targets around 2145 .
Short Swing Trade on XAUUSDSymbol - XAUUSD
CMP 2147
A retracement is pending in XAUUSD after a huge up move.
Taking short position in XAUUSD at CMP 2147
SL - 2160
Expected Targets - 2125, 2112 & 2090
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
gold waits for news from CPIas Middle East geopolitical tensions persisted but then fell back as the USD recovered. In the context of investors maintaining caution, precious metals are unlikely to break out before the release of the FOMC minutes and the US CPI on Thursday.
The USD did not fluctuate much when the US market was closed for the President's Day holiday
xauusd sell on intraday tradeXAUUSD SELL ON RISE MARKET FOR INTRADAY SETUP
TP 1988/1985
SL 1997.50
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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XAUUSD ShortFOREXCOM:XAUUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
GOld spot or XAUUSD DOwntrend movement . Target 1900SYmbol Gold SPot or XAUUSD
TImeframe Day chart
Analysis : Here we can conclude Selling pressure is more as we can observe a strong reverse pin bar and the breakout from the triangle pattern .
We can expect a target of 1985/1900
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
xauusd Downtrend movement , can expect a target unto 1995/1985Symbol XAUUSD or Gold or Gold spot
Timeframe : 45 Min
Analysis: Breakout happened on the downside, so we can expect a target of 1995/1985.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.