Xauusdupdates
XAUUSD 1H BUY PROJECTIONReason 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
Double Top breakout or False breakout #xauusd #gold #gc #xauDouble top breakout in #xauusd. I think will get confirmed after this weeks #FOMC whether is a false one or not.
If confirmed, minimum target = 1450/1400$
Technically, dollar index #dxy looking bullish in longer time frame so quite possible of the #gold targets given above. Only time will tell.
#fingerscrossed.
Happy Trading.
XAUUSD GOLD SUPPORT AND RESISTANCE LEVELS 25-07-2022FOREX GOLD XAUUSD SUPPORT AND RESISTANCE LEVELS || 25/07/2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
#forex #gold #technicals
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warning: Note! The Analysis video shared here are for educational/informational purposes only.
XAUUSD ANALYSIS OVER H4 CHART.Gold Price is giving back the early recovery gains, as bulls face stiff rejection just below the $1,750 barrier once again. An unexpected negative shift in risk sentiment on news that ex-Japanese Prime Minister Shinzo Abe was shot in the chest at an election campaign speech in Nara. He was immediately taken to hospital but reportedly he was showing no vital signs.
As observed on the daily chart, the recovery in gold price remains capped below $1,751, which is the 23.6% Fibonacci Retracement (Fibo) level of this week’s sell-off from $1,815 levels.
Daily closing above the latter is required to initiate any meaningful recovery from multi-month troughs of $1,732. Further up, the 38.2% Fibo level at $1,763 will challenge the bearish commitments.
Powerful resistance at $1.770 will be the next stop for XAU bulls. That level is the confluence of the psychological mark and the 50% Fibo level of the same decline.
The 14-day Relative Strength Index (RSI) is flattening while within the oversold territory.
On the downside, the $1,732 will be the initial support, below which the rising channel target at $1,722 will come into play. A sustained move below the latter will expose the $1,700 threshold.
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.
XAUUSD ANALYSIS 1 DAY LONG CALL WAIT AND WATCH 1750 TO 1900 ❤️ If you find this helpful and want more FREE forecasts in TradingView
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STOP LOSS 1670
BUY ZONE 1730 TO 1750
ALL TP HIT BUT WAIT