XAUUSD LONGAs gold is in a Short term trend, The question is why i am saying that it has the potential to go #Long. Now, as gold has recently break its level at 1730.00 which indicates that it is gaining momentum. Second, gold makes a double bottom which indicates that the price is taking support at 1704 which can result in hikes of price, resulting in testing it supply zone.
First supply zone at 1730 and second supply zone at 1760, which is indeed a good zone to place your sell orders.
Goldsell
XAUUSD - GOLD BUY/ LONGGOLD #XAUUSD, was following a downward trend. However, it seems to have changing its trend now, but anyhow, gold will move downwards for retracement to its lows. but for now we just have to catch the small move (as shown) to secure some pips and wait for the price to either break upwards or downwards. Higher chances are that #gold will continue its down trend which will be the retracement to test its lows. Best of luck to you guys
GOLD top-down analysis Hello 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 SELL TRADE IDEAI personally am looking to sell Gold. Overall price is in a clear uptrend, however price is making a clear correction before resuming in bullish momentum.
Price is currently respecting my 38.2 fib level and Im looking to sell on the break and retest of 1819 for 50 pips at least.
Happy Trading! :)
GOLD top-down analysis Hello 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.
XAUUSD Short Tram SELL signal....NOW
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Tue 14th Jun 2022 XAU/USD (Gold) Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Sell. Enjoy the day all. Cheers. Jim
Gold for 200 pipsFriday Gold had a boost crossng my $1869 target, Gold made a start off sell off before the end of last week. Expecting Gold to refill the orders of buy to $1836. where the candle first started then the reaal formation for Gold starts!!!
NB: Red Box; Rejection zone
Yellow BOx: Supply/ Demand zone
GOLD SHORT H4Market Structure: Ranging Market
Area of Value: Resistance
Entry: Bullish candle from the resistance level
Exit if Right: 3 tranches on possible areas of rallies
Exit if Wrong: invalidation of the ranging market, breakout
RRR: 1:3
GOLD is highly overbought brought by the news, my prediction is that Gold will recorrect itself before continuing whatever trend it's suppose to go.
GOLD top-down analysis, UPDATEDHello 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 top-down analysis, UPDATEDHello 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.