From past few weeks...
XAUUSD is trading in a very tight range.....
This week also expected the same...
though overall tech setup is bullish....
Levels marked.... Happy Trading....
Merry Christmas and Happy New Year in advance
My Previous Sell Trade Hit SL 50% Breakeven. I m Continue Sell Bias On Gold If Level 1805 to 1815 Hold The Price Bellow. If Price Break through That Resistance Level And Retest that Level Again and Reject Price Around That level then I will go Long .Let's See What happen Next. Good Luck.
#GOLD Price trading in nearby 4hr support area and waiting for and any bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading nearby 4hr support area
moving to the next resistance area
waiting for bullish candlestick formation in the support...
Sustained trading below the 200-SMA and monthly horizontal resistance keep gold sellers hopeful as markets brace for the last data dose ahead of Christmas fever. Even so, a clear upside break of the weekly resistance line, around $1,793, helps the buyers to battle the 200-SMA level surrounding $1,808, a break of which will direct the run-up to the stated...
XAUUSD ANALYSIS
When the channel gives breakout above we can expect 1817.
this is just for educational purpose ,this is solely the opinions from me and does not come from a licensed professional.
this analysis is not for financial advice.
This time, i see something that will be interesting to wait. No data today (Tuesday), but technically it's time to get the rebound back to gold. And then candle will be watch carefully and Daily candle expected to be closed with Bullish candle. Therefore, if the time is right, and then the data in the next 2 days will be "awesome" especially the PCE Price Index,...
#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#XAUUSD weekly bias looks bullish. The buyer’s price of interests are 1788.00, 1783.00, 1779.50, 1766.50
The possible targets are 1809.00, 1838.00
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#GOLD Price trading in nearby 4hr support area and waiting for and any bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading nearby 4hr support area
moving to the next resistance area
waiting for bullish candlestick formation in the support...
Gold has been in moving in a downward channel in the higher time frame and there is a potential sell set up lining up for the coming week or two.
Our reasons for potential further downside move for XAU/USD are as follows:-
- Key monthly resistance level
- Pinbar on the 8H and 1D time frames
- Visible down trend
- Rejection from 50% Fib Retracement
Midterm forecast:
While the price is above the support 1762.98, resumption of uptrend is expected.
We make sure when the resistance at 1874.88 breaks.
If the support at 1762.98 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 1752.85 on 12/15/2021, so more gains to...
Gold is Currant Up. 1790 Is the Key Level . If Price Will Rejection Between 1785 to 1790 And Start Bullish Momentum appear Price will Hit 1820 Level. OR If Price Will Break Through 1785 To 1780 That Appear Bearish Momentum In the Market. I Took A Trade Of Sell And Already It Was Break Even Set. Let See What Happen Next Week. Good Luck.
