Get started

Xauusdupdates

A decending triangle patterns showing on XAUUSD WITH 1:10 RRA decending triangle patterns showing on XAUUSD A short term 15m tradeing setup showing on gold Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily chat And the short term setup All are of them indicating the same SELLING SETUP A decending triangle patterns showing on XAUUSD A short term 15m tradeing setup showing on gold Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily chat And the short term setup All are of them indicating the same SELLING SEUP
FX:XAUUSDShort
by tradergyan01
11
XAUUSD 16/8/2024 Has the Uptrend Started?XAUUSD 16/8/2024 Has the Uptrend Started? Yesterday after the PPI news, we saw a strong shakeout and the price came close to the 2nd BUY target zone that I had given and then bounced strongly. But I did not expect such a strong downtrend, so the price zone of 2445 - 2442 did not set a BUY order. Today I expect a correction wave to the 2447 - 2444 zone to complete wave 2 in red and then continue the uptrend according to wave 3. During the price increase according to wave 3, we pay attention to large supply zones such as the 2476 zone, the 2484 zone and the 2500 zone, these are the zones I choose as targets to SELL down Trading plan BUY ZONE: 2447 - 2444 SL: 2437 TP1: 2458 TP2: 2468 TP3: 2476 SELL ZONE: 2484 - 2487 SL: 2494 TP1: 2476 TP2: 2468 TP3: 2458 SELL ZONE: 2497 - 2500 SL: 2507 TP1: 2484 TP2: 2476 TP3: 2468
OANDA:XAUUSDLong
by DEEKOP
XAUUSD 15/8/2024 Has the uptrend started? Yesterday's CPI news showed a sharp increase in price when it was announced and then a sharp decrease. This is a move to shake off the sellers so that the price can complete wave C. - The sharp decrease in wave C is still, in my opinion, the final shakeout before the price starts to increase to complete wave 5 I predict that this week the price will likely create a new ATH followed by a further correction. - The wave 4 target I set yesterday has been completed at the price range of 2442 to 2445. With a Buy order at this price range, we have a profit of 100 pips. You can close a part of it and raise the SL to Entry. I have a backup target at 2430 - 2427 we will look at this target if price breaks out 2439 - I see a big supply zone at 2468 - 2471 so I will set a Sell scalp target at this zone - Our main Sell target is the end of wave 5 now I am targeting the first wave 5 target which is 2500. Trading Plan BUY ZONE: 2430 -2427 SL: 2420 TP1: 2439 TP2: 2458 TP3: 2476 SELL ZONE: 2468 - 2471 SL: 2478 TP1: 2458 TP2: 2452 TP3: 2444 SELL ZONE: 2497 - 2500 SL: 2597 TP1: 2484 TP2: 2476 TP3: 2458
OANDA:XAUUSDLong
by DEEKOP
XAUUSD 1H SELL PROJECTION 15.08.24From a technical perspective, the daily chart for XAU/USD suggests the bearish potential remains limited. The pair found an intraday bottom at around the 23.6% Fibonacci retracement of the June/July rally at $2,438.80, now holding above the level. At the same time, technical indicators have lost their upward strength but remain within positive levels. Only the Relative Strength Index (RSI) turned south but stays far from confirming another leg south. Finally, XAU/USD keeps developing above all its moving averages, with the 20 Simple Moving Average (SMA) now flat at around $2,417.50. Technical readings in the 4-hour chart, however, show the slide may continue, particularly if XAU/USD slides below the aforementioned Fibonacci support. Technical indicators retreated sharply from near overbought readings and are currently hovering around their midlines, partially losing the bearish momentum but still heading south. At the same time, XAU/USD broke below its 20 SMA, which stands at around $2,455.00. The 100 and 200 SMAs remain below the current level, somehow suggesting a steeper decline is not yet on the cards. Support levels: 2,438.80 2,4260.90 2,438.80 Resistance levels: 2,458.70 2,471.10 2,483.70
OANDA:XAUUSDShort
by kripsonfx97
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDShort
by tradergyan01
XAUUSD 13/8/2024 Has the Downtrend Started? Yesterday was an unusual bullish day, although we had profit with sell orders, the price increased to the 2476 area, which gave us an extended yellow wave 5, which also means that the black wave 3 has been completed - Currently the price is in the 4th wave correction, we expect a yellow ABC correction and this is an opportunity for us to trade in the direction of wave 5. - Trading plan BUY ZONE: 2442 - 2439 SL: 2432 TP1: 2450 TP2: 2458 TP3: 2469 BUYZONE: 2435 - 2432 SL: 2425 TP1: 2440 TP2: 2450 TP3: 2458 SELL ZONE: 2470 - 2473 SL: 2480 TP1: 2458 TP2: 2450 TP3: 2442 SELL ZONE: 2492 - 2495 SL: 2502 TP1: 2476 TP2: 2469 TP3: 2458
OANDA:XAUUSDLong
by DEEKOP
GOLD SHOWING A GOOD UP MOVE WITH 1:10RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:10RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
5
XAUUSD/GOLD Weekly Sell Projection 11.08.24Gold price trades in a channel formation on a daily timeframe, which is slightly rising but broadly exhibited a sideways performance for more than three months. The 50-day Exponential Moving Average (EMA) near $2,370 continues to provide support to the Gold price bulls. The 14-day Relative Strength Index (RSI) oscillates within the 40.00-60.00 range, suggesting indecisiveness among market participants. A fresh upside would appear if the Gold price breaks above its all-time high of $2,483.75, which will send it into unchartered territory. On the downside, the upward-sloping trendline at $2,225, plotted from the October 6 low near $1,810.50, will be a major support in the longer term.
OANDA:XAUUSDShort
by kripsonfx97
1
GOLD - SYMMETRICAL TRIANGLE BREAKOUT. MORE UPSIDE AHEAD ?Symbol - XAUUSD Gold was trading inside the flat 2420 - 2370 forming a symmetrical triangle. Traders were continue to struggle for the area of 2400 & it just gave a breakout. Around 2400, There is a rather encouraging situation indicating how the bulls continue to hold the support of the global trend. The issue of aggressive easing of the US Fed policy is still relevant. Likewise, speculators are closely watching developments around Iran's attack on Israel. If it happens, it is likely to give additional impetus to the growth of gold prices. Meanwhile, Initial Jobless Claims of the US may provide short-term potential for the markets. Support level as of now: 2380 The problem with the triangle, price behavior and the current situation is that the market is neutral, as the price is in consolidation. Prerequisites for growth: - Bullish market retention on the larger timeframe - Strong reaction to the key support zone - Strong buyers have not left the market yet and continue to buy back the asset - Fundamentally, gold has strong support (hedge asset) - Strong market reaction to a false break of local support - Buyers do not let the price go below 2380 - Retests of 2400 continue - Volumes - Large pool of liquidity, interesting for MM, above 2420 - Fundamental nuances due to the Middle East P.S. : I'm holding hold position in Gold with 2380 SL.
OANDA:XAUUSDLong
by akshit_official
2
XAUUSD 6/8/2024 Is this rally over? This past week we have seen a lot of volatile news that has affected the direction of gold prices With the unstable geopolitical situation causing large fluctuations in gold prices - Looking at H1 we see a completed ABC corrective wave structure. Following an ABC corrective structure we expect a 5 wave bullish structure. Obviously not excluding the possibility of a complex correction wave then I will update if it happens - Currently we expect a bearish correction to confirm wave 1 and wave 2 completed and wave 1 and 2 confirmed when price closes above 2365.6 - This current correction we expect a yellow abc wave pattern and target at 2385 price zone or 2377anh price zone Trading plan BUY ZONE: 2385 - 2382 SL 2363 TP1: 2393 TP2: 2404 TP3: 2418 SELL ZONE: 2421 - 2424 SL: 2447 TP1: 2408 TP2: 2396 TP3: 2385
OANDA:XAUUSDShort
by DEEKOP
Gold Trend Monday analysis Gold touch the price around 2477 after USA NON FARM PAYROLL figures disapoint the insitution invester and i think unemployment rate ticked up from 4.1 to 4.3. Bullion rallied sharply capitalizing on the fall of the USA 10 year treasuary bond yield which taked up 15 basis point to 3.815% i thinked that you make the shot position on the price around 2455 and make SL 2477 and target TP 1 2445.00 TP 2 2435.00 TP 3 2400.00 Use small lot on the chart take small risk on your equity.
FXOPEN:XAUUSDShort
by NaviPips
XAUUSD 5/8/2024 correction is over? Looking at H1 we see the ABC correction wave structure. Looking at the ABC correction model, we see that we are likely to have an unusual correction model, when wave C does not exceed wave A. - So now we need to observe to confirm whether the correction wave has ended - The confirmation condition is that if this downtrend closes above the 2413 zone, then we have the price entering the uptrend wave and then the target price zone is the 2500 zone. Currently we have a trading plan SELL ZONE 2456 - 2459 SL 2466 TP1: 2447 TP2: 2442 TP3: 2433 BUY ZONE: 2426 - 2423 SL: 2416 TP1: 2433 TP2: 2442 TP3: 2455
OANDA:XAUUSDLong
by DEEKOP
1
Today trend gold is bullishToday market open after get 20 Point moves up ISRAIL and HAMAS war and may be gold will move more up because USA also include in war that why Gold may be move up market open around 2438.00 and make high around 2468.00 and Indian time according 6:00 PM HIGH impact news like NFP ( NON FARM PAYROLL ) gold start manipulation to people and my scenario gold will pump more upside but gold break today low 2438.00 and close a candle with strong move definitely we gone for sell in gold.
FXOPEN:XAUUSDLong
by NaviPips
GOLD - Looking Bullish! - Here's WhyMONTHLY TF: WEEKLY TF: DAILY TF: Overview & Observation: 1. Higher time frame gold is in a bullish trend. 2. Prices failed to form lower low showing strength in buying, confirmation still pending. 3. Channel breakout will be expected to get the confirmation on the long side. 4. Currently trading in a demand zone. Untill that is broken bullish view will be intact. Trade Plan: 1. Long position can be made only after confirmation that is still pending. 2. Above 2348 levels price should sustain for longs. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
TVC:GOLDLong
by SuperNova396
XAUUSD 1/8/2024 after FOMC news? Looking at H1, we see that after this morning's FOMC news, we see that XAU has increased to the 2458 zone - As I analyzed in the previous plan, when the price breaks through the 2402 zone and then tests again and does not fall below this zone, the price will continue the 5-wave trend instead of the 3-wave ABC. - Regarding the trend, after the price follows the 5-wave model, the next wave target is the 2500 price zone as analyzed before. - Looking at the present, we see that wave 3 in the blue 5-wave structure is completing, and the price has now started blue wave 4 - Measuring the wave 4 target, we have the price zone of 2433. This will be the price zone we are waiting for as a BUY target - The target of wave 5 will be specifically determined by me after wave 4 is formed. With the current data, I am expecting wave 5 to end at the price zone of 2500 Trading plan BUYZONE: 2433 - 2430 SL: 2423 TP1: 2422 TP2: 2450 TP3: 2465 SELL ZONE: 2467 - 2470 SL: 2477 TP1: 2450 TP2: 2422 TP3: 2433
OANDA:XAUUSDLong
by DEEKOP
Will GOLD take Support & Return to Bullish Trend ?Symbol - XAUUSD Gold is entering the correction phase after a breakout failure scenario of ascending channel resistance and the previous ATH. The fundamental background is changed by Thursday's news that supported the dollar index. Overall, the structure & environment on is still bullish. If the price finds a strong support in the near future, for example 2390-2400, this area may get the status of an intermediate bottom, thus forming a new trading range. There is no news today, thus the fundamental background remains the same. Trading has been complicated lately by the presidential race in the USA. The statements of Powell, politically dependent Fed, Trump can be perceived by traders quite strongly. But the medium-term outlook is determined by the fact that politicians are generally set to lower the dollar (DXY), which is generally favorable for gold, which may soon return to the bullish trend phase. The price may continue the correction to trend support, but due to the pool of liquidity in the area where the price may land within the correction, gold may get a reaction in the form of a bounce to the nearest resistance, make a double bottom & may test channel resistance in future.
OANDA:XAUUSDLong
by akshit_official