According to me Weekly and H4 is bullish whereas Daily is bearish. So will look for buy and sell trades on Gold this week. Will place 2 limit orders for swing trade as follows : Sell limit at 2373.12 and Buy limit at 2284.20. Will look for some intraday trades too on following levels : 1) Sell trade around 2381.12 - 2385 (Entry only after bearish confirmation...
Judging from the daily structure, although gold closed positive yesterday, it failed to break through the 10-day moving average above, and the daily moving average showed a cross downward trend, which put some pressure on bulls. In the absence of clear bullish factors, it may be difficult for gold to break through the key level of 2350. Although the market still...
Dear beloved readers, gold continued its recovery on the last trading day of the week, trading around $2,340 and marking a 0.3% increase for the day. As a result, the USD faced further disadvantages last night, creating momentum for the recovery of XAUUSD. In the short term, this metal continues to receive support from investors as it maintains a strong upward...
Hello dear friends, let's recap the gold prices from last week and strategize for the upcoming week. Overall, there was no surprising volatility in gold last week, as it adjusted from $2400 to $2338. This decrease followed the expected cyclical pattern in gold's movement, so there is no immediate reason to worry about this metal. In the past couple of days, gold...
as per price action we can see a nice selling in gold untill asia session low......
My view on this script Bullish Ofter breaking Resistance with good dynamics I took long entry...💹💲
As we can see market is sideways but in downward movementum , making lower lows and lower highs . We should keep patience until we hit sl or target. Keep connected with us 🫶
Judging from the daily structure, gold's two-week correction is still in the midst of a bullish correction. The golden section 0.382 support below is located near 2260. As long as it remains above 2260, the bullish pattern will remain strong. From a morphological point of view, gold's recent correction has completed two waves of adjustment: the first wave was...
ITS MY PERSONAL STRATEGY The gold showing a good UPMOVEE Having a good potential There is nothing to doubt It have a great surety of UP MOVE Due to these reason 1.It have GOOD SUPPORT without any confusing chat 2. It have clear entry and Tp point 3. Sellers seems heavy due to volume
At this level we can expect a good upward movementum and breakout to upward side , there is good probability to get good returns at this trade. [ Don't miss out this trading Opertunity ,to get Good returns.
This is my learning trade, xau usd mau go down because currently selling area
Gold late trading trend analysis Gold prices fluctuated sharply after the release of non-agricultural data. The highest point reached the 2320 line, but then quickly fell back to around 2277. Such large fluctuations reflect market uncertainty. At the same time, the daily chart shows continuous negative lines, and the short-term moving averages are also beginning...
This is extremely scalping idea using less SL to get good profit.. Do analysis your own idea before taking any trade. Don't blindly jump into it. Thank you
Gold has taken a pullback to 2309, and currently looking to follow the downtrend.
Gold price brace for the second consecutive weekly loss despite downbeat US Dollar performance. In doing so, the precious metal seesaws between the 50-SMA and the 200-SMA while posting mild intraday losses within a two-week-old falling wedge bullish chart formation. That said, cautious sentiment ahead of the monthly US employment report and sluggish oscillators...
Gold bearish structure- 2 May Gold is now making bearish structure. Looking for opportunities to enter sell trades for swing trades as long as demand turned supply is not broken. Consider NFP (May 3) for this week trade
Description as in title. Wait for breakdown and retest of the neckline to take a position. Disclaimer : Not a financial advice. I have a short position already since yesterday.