GOLD | To The Top Again?As we see in the daily chart of XAUUSD, we have a perfect Double Bottoms pattern.
Its Neckline level ( around 1971 ) had a breakout & retest action. And the last day of the last week ( 15April ) left a bullish candle behind, as a sign of an upward continuation. And that makes the current price level is a perfect place for Entry Point.
The price possibly continue moving up till the highest resistance again ( around 2050 ). And the Clean Traffic on the opposite side of the ( W Pattern ) may help this scenario to be done. Noticing that we have more resistance levels on the other low time frames.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it.
Goldbuy
Gold: Ups and Downs 🎧I guess some of you guys still remember the song Ups & Downs by rap icon Snoop Dogg. At least the Gold does. It even seems like the song is blasting through the Gold's headphones on repeat these days. Against the overarching down trend, it is currently working on an intermediate high. The associated waves in blue and C in orange should end in the blue zone between $2057.30 and $1983.60. After making this high, the course should continue its movement down south. The next steps on this journey: the support lines at $1967 and at $1888.
Gold is up After penetrating an area 1979 going to 2015 TP1
Another scenario : After penetrating an area 1959 going to 1923 TP1
let's see it :D
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD- BUY strategyGold starts looking like the beginning of a "lift-off".
We have been basing very well low $ 1,900 and likely we will be protected @ 1,880 as good support.
For now we BUY current, pr if wished for between $ 1,935-1,955 for a move back to $ 2,070. Yes, I feel see higher move even.
Just keep stop loss tight is my advise.
GOLF POSSIBLE SELLXAUUSD(GOLD)
We can clearly see here XAUUSD ( GOLD ) Again Bearish 10/05/22
As we see here GOLD is clearly RETEST at the level 0f Fibonacci Retracement level of 1947.50 from last
Now positioned at the level at 1947 which which is strong 4h Resistance which is tested more than three time
Now trend line and fibonacci suppose as to fall to level below 1899 whicis last week low
Overall GOLD SELL 10/05/22
GOLD SELL @ 1947.50
SL @ 1966
TP @ 1899
GOLD-BUY strategyNo change in view.
One can see clearly double bottom for GOLD and also good support cloud @ $ 1,800 area.
The MACD is negative still (lagging indicator) and that hampers the up move for now.
Strategy BUY $ 1,905 - 1,910 and take profit @ $ 2,040. I think we should try to hold this for the better return, but place a stop-loss below $ 1,865 for now.
GOLD-BUY strategyI have lifted my LONG 1,898 and sold it at @ 1,917. I am still having the view that we will see higher levels and we are well supported cloud, and also a low area stochastic.
The strategy will be once again BUY @ 1,898 area and place stop-loss $ 1,848. The profit order I scale down to $ 1,967 for now.
GOLD-BUY strategyIt was good I had taken profit before, and left it alone for awhile.
For now, the pattern suggest we may see buying opportunity, and I feel around $ 1,898 - 1,905 area is the start of it. The over all stop-loss I would place @ 1,848 for now. So we may be adding $ 1,885 if seen. Profit order likely near $ 1,995 for now.
XAUUSD Buy Profit BookedHLZ Supply and Demand Methodology
No-1 Gold 1963 is a Significant Demand Level which is engulfed at 4 march 22!,rejected from decision point 1899,second uptrend leg broke 1950
No-2 As I was expected In morning market retrace to the zone and done the retracement ,Now I m preferring to buy at 1947 area and market expected to bounce 1975-2020
No-3 this area 2020 we will see if market make rejection and complete a LH then we will short ,I m expecting a little bit more drop around 1948 and buy for long term target!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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GOLD > Buy if BreakUp TBox (Resist) Tf 4H or BO MidBand Tf Daily#GOLD Forecasts :
XAU-USD
Weekly > OveroBought
Daily > SideWay in Mid Area
4H > SideWay + Double Top
1H > Overbought
#Note: Ready to buy long on Tf Hourly, 4H, Daily :
Buy if BreakUp TBox ( Resistance ) Tf 4H
or
Breakout Mid Band Tf Daily
#iQTrader #SaDis
#Fx #FOREX💰
#ChartDiscountEverything
GOLD PUMP INCOMING?! BREAKOUT TARGETS!Hey everyone
Today i show you my GOLD Monthly Chart Analysis and my targets for Gold for next few years.
Gold broke out of the downtrend and i expect it to hit a new all time high soon!
How high can Gold go?
- I expect Gold to get up to 2500$ OZ within next 3 years from now.
Can you trade this?
- Yes i bought physical gold and aswell longed some online.
I hope you guys like this idea.
GOLD-BUY strategyI am still long @ $ 1,911 and will not add for now. However, if weakness sets in $ 1,880 I may add that time.
The pattern looks bottoming type, but am aware there might be some corrective action down.
For new entry BUY @ 1,920-1,925 and for the rest apply same strategy.
The profit order remains @ 2,035 for now.
GOLD-BUY strategyThe shape of the pattern suggests we will see higher levels building up. No change in view and long still $ 1,911.
For new strategy we BUY $ 1,915-1,925 for a move towards first objective $ 2,008 and if more patience $ 2,035. Will update changes if seen.
We add also on weakness $ 1,880-1,885 and suspect we are strong supported due to current ongoing crisis at least above $ 1,825 for now.
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.