XAUUSD sellGoing to wait for the level to be hit
Rrr 11
Nice sl with a greater tp
Going to wait and see how it reacts for further movements
Goldsell
XAUUSD is in bearish regionDouble or Triple Top and Inverted Hammer shows it will be bearish
ENTRY 1844
TP 1820
SL1850
Gold market commentary on February 17, 2023Gold prices were little changed by the end of Thursday’s trading session, but the yellow metal extend its recent losing streak during Friday’s Asia-Pacific trading session. The anti-fiat yellow metal is now on course to sink over 2 percent this week. In fact, the 5.25% drop so far in February is shaping up to be the worst month since June 2021.
This week in particular, prices have been wobbly since the aftermath of Tuesday’s US inflation report. For January, the country saw unexpectedly higher CPI data, opening the door to a still-hawkish Federal Reserve. The reason why this matters is that markets have been slowly unwinding expectations of a rate cut pivot towards the end of this year.
XAU/USD Daily Chart
XAU/USD continues to decline after confirming a breakout under the 20- and 50-day Simple Moving Averages (SMA). That is setting up prices for further losses as the 38.2% Fibonacci retracement level at 1828 is being tested. Falling under the latter exposes the midpoint at 1787. Otherwise, a turn higher has immediate support as the 50-day SMA.
Trading recommendation:
Buy soup at the price range 1823 - 1820
Stop Loss: 1816
Take profit 1: 1835
Take Profit 2:1844
Take profit 3: 1850
Canh sell at the price range 1847 1846
Stop loss 1850
Take profit 1: 1840
Take profit 2: 1835
Take profit 3: 1830
Note: Always set TP and SL in all trading cases
GOLD SELL ! USDollar still strongHi,
Today in economic calendar we have data from US.
We expect USDOLLAR will be strong still.
For Gold
TP1 : 1800
TP2 : 1780
Enjoy.
Waiting... ⏰Gold - Current DL is my POI for London, if we make support with confirmation ill look for buys and vica verca on the sell side, ideally for buys want to see a fakeout of the lows before closing back inside Asia range then potentially heading up to the DH, but lets see..
More red folder news later again on the USD so we might have some choppy PA again on gold until then!
Let me know your thoughts!
Gold in 1week tf already react to zone and now looking for sellenow we can expect price dropping down till 1600 but still we can target up and down so till any news impact we can make ping pong
GOLD 2HHey traders, in today's trading session i'm are monitoring XAUUSD for a selling opportunity around 1870.770 zone, once I will receive any bearish confirmation the trade will be executed.
gold channel moveprice action is beautiful both channel move is following accordingly if descending channel move continue will see again in 1865 zone
XAUUSD shortTODAY POWELL SPEAKS.
we are expecting continuation dollar bullishness.
So, I am still bearish on gold.
but we should be careful on 1850 level which daily
MA 50 level.
If we broke this level we can target 1800 level.
GOLD Potential Long Gold has reached a strong support and rejection off the trend line. I expect a push up to retest break of structure. If support is broken the next bottom is 1825 - 1830
GOLD SELL! INTEREST RATE!There is a huge opportunity to sell gold at the edge. after the interest rate decision, it has no meaning. Just wait for our respectful pin.
Waiting...Not expecting much on Gold today before FOMC, lets see what happens!
Let me know your thoughts too!
GOLD Head and Shoulders We have broken out of a uptrend channel and forming a head and shoulders on the 4 hour. I expect a big push to the down side to 1900 1905 area. SELL!!!
GOLD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 SELL Setup1/3 Risk reward sell setup
Entry : 1930
stop loss : 1935
take profit : 1915
if you like the idea follow me and support me
GOLD :: The beginning of the downward trend .GOLD :::
The price has reached the ceiling of the channel, now it is time to drop.
The price will show corrective movements for some time in relation to the middle line and finally it will continue its movement towards the bottom of the channel and the range of 1912 will be one of its first collisions .
Previous analysis ::::
<<<< Analyze simply with The_Best_Trader_1991 >>>>
Gold Sell IdeaGold has been in a long uptrend for sometime now. The bulls continue to push price upwards but now gold is in a very strong resistance, price will likely reverse from here 1949 and will move downwards to 1807 region before going up again.
Confirmation for sell we are currently in a 4 hour rising wedge, which is a reversal pattern and is fully matured and ready for a drop.
Waiting...3 places im looking for buys today (One will be a straight break and retest if we break the highs), or if we fake-out current days high and take out the current days low i'll be looking for reversals for buys around the 1939.000 level, if that breaks i'll be waiting for price to hit the demand near the 1H low (Close to Ydays imbalance fill) and see if we get confirmation there!
Let me know your thoughts!
Waiting...Gold - waiting to see if price breaks above 1935.890 for a straight daily continuation, if price fakes the HOD it will probably attack the LOD, if so ill be looking for confirmation/buys around 1929.400 and if that breaks i'll be looking for shorts down towards 1916.500!
Let me know your thoughts!
Waiting...Gold: 1921.266 is my zone of interest for London open, I want to see if we bounce or break, if we break with confirmations ill look for short term sells, if we fake-out/close above, ill look to buy back to the top of the range with confirmation!
Gold Bearish with Trendline Breakout You can sell gold now CMP 1929.50 with
Target Price 1- 20 pips
Target Price 2 - 40 pips
Target Price 3 - 60 Pips
For risky traders SL - 1931.50
For Safe Traders SL - M15 Candle Closing Above 1930.0
