The price of gold continues to decline as the US dollar strengthens and concerns about China's largest XAU/USD customer persist. In doing so, the precious metal fails to justify its traditional safe haven status, as well as signaling an inability to rally concerns that the Federal Reserve will maintain stable interest rates in its September monetary policy...
Reason Behind XAUUSD Sell 1. Last Week Core CPI News Make the Asset to Move higher fundamentally whixh make the Break Resis 1940 and Later 1950 and presently located @ 1960 Which Over Immediate Support 2. Clear Rejection Over W Pattern due to Tecnical fIbo retracement @ 1980 which is also our Previous Support which react as major Resis Now Overall Possible...
Reason Behind SELL Projection 1. Breaked Support 1910 and retest For further Fall towards 1890 2. RSI 14 Below 50 which trends Bearish Trend IN 1H 3. Stochastic Overbought 5,3,3 Which make the asset Fall Overall Possible Outcomes XAUUSD SELL @ 1913 SL 1922 TP 1 1900 TP 2 1890
Reson Behind the SELL Trend Projection 1. Breaked the Decending Triangle Pattern last Week 2. Breaked the Uptrend Line @ 1930 3. Breaked teh Support @ 1930 4. Black three Crows Confirms the Futher SELL side Movement Overall Possible Outcomes XAUUSD/GOLD SELL BELOW 1932 SL 1962 TP 1 1890-1900 TP 2 1854
Reson behind the XAUUSD SELL 1. Technically Candle stick formed the Bearish Engulfing Which pushes the Safe heaven to Montly Low 1880 2. Bearish M Pattern formed and make the Target to 1880 which break through 1930 which is last week support 3. Fundamentally DXY break the 102.8 and make the continue in uptrend which make XAUUSD lower Overall Possible...
#XAUUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Reason For Bullish RSI Above 40 and tends to be begin the bullish Stochastic 5,3, 3 Oversold and make the movement higher Approaching support @ 1930 Aseet ready to touch yesterday high of 1842.50 again
Reason For XAUUSD Fall 1. Breaked Out 1930 and ready to retest 1945 2. Stochastic and rsi indicates Bullish momentum Fundamental Reason 1. If DXY break 101 and fall then gold will retest 1945 and later 1960 2. If take support here then gold may fall upyo 1899 Overall XAUUSD SELL LIMIT 1945 SL 1960 TP 1869
XAUUSD recaptures $1830-1842 as Fed to declare higher interest rate peak, Looking for short term Selling Opportunities in gold., Proper Risk Management Suggested.
XAUUSD 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 Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Reason 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
Reason 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
hello guys as you can see in the chart gold will be go for short in this week
Xauusd rebounce again and rejecting back to back from same demand area
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect, ...exactly as we expected ... GOLD rejected from the Fibonacci zone o.5 and reached the zone 1794 as I said! in this area I will wait for an extended range and I will enter the trade only at a close for at least 1 day over 1793 or below 1760 THIS...
xauusd buy setup found gold was given a big wick in daily timeframe and madfe many traders crazy, actually i was just retracement from gold on daily timeframe on channel trendllinbe, now it has retested and i can expect a great buy move from gold
Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up. While above there the metal can continue higher in wave I toward the 1650 area. Afterward the...