We can buy the new order after the candle will close above 2007.876 and then wecan target the 2012 zone for sure but after that we can see the retractment in big time frame so please be patient while placing new order or just watch the market
Here I executed my trade at given number here i was targetting the 2012.100 happy friday
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Reason For Bearish 1. Obey Strong Resistance and Trendline @ 2035 2. Bearish Spinning Top in 1h Timeframe 3. RSI 14 below 50 which Bearisg Trend in 1h Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2034.50 SL 2040.00 TP 2020.20
Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2042.50 SL 2047.00 (-45 PIPS) TP 2030. 50 (+125 PIPS) Reason Retesting Yesterday Low Breaked Minor Support @ 2044 Obey Major Resistance @ 2055 in 4H Trendline
Reason For Bulllish 1. Bullish Spinning Top in Single Candlestick 2. Morning Star Patttern In Three Candlestick Pattern 3. Ascending Triangle Chart Pattern 4. Obey Support & Fibo Retracement @ 2020-30 Overall Possible Outcomes XAUUSD BUY @ 2035-40 SL 2002 TP 1 2062 TP 2 2089 TP 3 2150
Reason For Bearish 1. Stochastic Oscillator Overbought abobe 80 and ready for Bearish 2. RSI 14 @ 55 which Pushes to Sell Trend in 1H Overall Possible Outcomes XAUUSD/GOLD SELL @ 2030.60 SL 2036.5 TP 1 2024 TP 2 2020
Reason behind the Buy Projection Tecnical Reasons 1. Bullish Spinning Top In both Single/double Candlestick 2.Three Line Strike in Trible candlestick 3.Ascending Triangle pattern Formed 4 Keyfactor * Obey Strong Trendline @ 2030-40 * Obey Fibo Golden ration @ 2017 Fundamental Formation of Bearish Spinning Top in DXY pushes Lower and obet Trendline...
Hello Trader's , Hope you are doing good. Happy weekend everyone . So we have seen the volatility of first week of 2024. Currently the range is 2050-2020 , Yesterday's closing at around 2045. From my experience i think GOLD will fall more on this upcoming week. We have CPI & PPI in this week. I think its a correction phase. I don't think it will fall below 2000...
Reason Behind the Bullish 1. Bullish Inverted Hammer In Single Candlestick Pushes Higher 2. Three Outside Up candlestick Make the Buying Pressure and make continue of Uptrend 3. Breaked the Support 2045-50 last Week Overall Possible Outcomes XAUUSD Buy @ 2030-45 Sl 2015 TP 1 2060 TP2 2090 TP3 2150
Reason Behind Bearish Setup 1. Bearish Engulfing Formed in Double Candlestick Pattern 2. Bearish Spinning Top Pushes to Sell 3. Retest Lower Trendline @ 1980 Overall Possible Outcomes XAUUSD SELL @ 1927-30 SL 2050 TP 1 2010 TP 2 1980
XAUUSD pair is currently trading in a critical price range, specifically between 2075 and 2080. This analysis aims to provide a bearish perspective on the market conditions within this price bracket. Technical Analysis: Resistance Levels: The price range of 2075-2080 has historically acted as a significant resistance zone. Multiple attempts to breach this level...
Today we will have very important USD news: ISM Manufacturing PMI, JOLTS Job Openings, ISM Manufacturing Prices and in the early morning of November 2 there will be 3 more news: Federal Funds Rate, FOMC Statement, FOMC Press Conference but This news is likely to have a big impact on gold, so we need to pay attention to orders when the news comes out According to...
Gold prices (XAU/USD) hovered around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's rebound was bolstered by escalating political tensions in the Middle East, driving the flow towards safe-haven assets. Meanwhile, the US Dollar Index (DXY), measuring the USD against six major currencies, rose to...
OANDA:XAUUSD The price of gold (XAU/USD) is experiencing a remarkable surge on Friday due to escalating geopolitical tensions in the Israel-Palestine conflict. In times of uncertainty, traders are turning to the precious metal as a safe haven, while the US dollar (USD) is also strengthening. The escalation of the conflict in Gaza has led Israel to shift its...
Xauusd Positional Pullback on 1 day tf can look above 1856.200 for posiotnal tp of 1884.200 risk reward ratio will be 1.48 dc : only for educational and learning purpose
Reason Behind the XAUUSD Bullish Setup 1. Fake candlestick Formation due to Obey of trendline and support @ 1810 2. Double Candlestick Confirms Half Confimations Bullish Engulfing and make the higher Movement 3.Three strike Line formed in trible candlestick and make Bull Movement 4. Hikake Bullish Setup takes the XAUUSD to Higher and breaked 1925 5. Decending...
From a short-term technical perspective, nothing seems to have changed for Gold price, as a correction from a seven-month trough remains on the table. The 14-day Relative Strength Index (RSI) indicator stays heavily oversold, justifying a case for a Gold price rebound anytime soon. Should Gold price stage a decent comeback the initial...