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Xaushort

Gold: Dollar still inchargeDollar broke the 4h and daily symmetrical triangle on Friday but not bodily. The body capped on 4h timeframe which keep bull hopeful of 1850s. A clear break is needed for bears to stay hopeful of 1753. Gold bounced back to 1810 from 1785 driven by oversold silver. And the yellow trendline I told guys about brokeout bodily on 4h but pulled back in 1 candle stick on daily timeframe which still give bulls some sort of hope. At the mean time I think gold upside is likely limited at 1827. Any upswing to 1822-24 I will cautiously resell with my risk management with target to 1790 with possible break of previous low. Any move above 1827 I will stay aside and observe what's the plan. Any downswing to 1770s and below I start looking for dip buying opportunity. Goodluck and have a great week. Please like and comment your view
FX:XAUUSDShort
by Metalixt
XAUUSD Death Cross is SO CLOSE !!!50 MA --> 🟢 200 MA --> 🔴 What is Death Cross ? The death cross is a chart pattern that signals a growing weakness in an asset's price. It comprises two separate lines called “moving averages.” Each moving average line (MA) is formed by calculating the average price over a certain period of time and using those points to create a smoothed line. An example of a death cross is circled in gray. If you want to see indicator signals: Median : Sell Parabolic SAR : Sell SuperTrend : Sell Awesome Ossillator : Sell Williams Alligator : Sell Support Level : 🛑1805-1810 Resistance Level : 🎯1830 🎯1865 Not Financial Advice
OANDA:XAUUSDShort
by EmrahPolat_x1
Gold: ambitious dollar aims 1780-95I told u guys about USD considering daily engulfing candle which it did. Dollar cracking of 1823 zone that it have been rejected twice is a good sign for further decline. The next move for dollar should be turning the 1823 zone to resistance. Upside pressure still limited to 1842-44 which will be a good selling opportunity again if capped but 1830 and 38 will be serving as tough resistance ahead of 44. There are some lower timeframe trend that still have 1843 in trend which once broken will make it a hard place to retrace to though still in 4h which I think is for short time. I break below 1801 is need to keep move to 1870s hopeless which is down part of the yellow uptrend. The thick green triangular trend is daily timeframe but the moves on the others trends are more important for now. Gold targets for is breaking of 1813 05 and 01 which opens door for 1786-95 a moves to the down part of the blue trend seals deal to 1753-22
FX:XAUUSDShort
by Metalixt
Gold | Overview | Following the birdsOverlook If i look at the previous Uptrend of Gold (1976 -> 1980) and our current swing we see the following similarities: 1. Uptrend 2. Downbreak to the 50% of the move 3. Uptrend to the big resistance level (Orange Line) that held price down 4. Engulf of said resistance level but no follow through If Gold price moves like the in the previous swing the following should develop: 1. Downbreak again to the 50% 2. No real demand showing up 3. Downbreak under it and breaking the next support level without real demand either 4. After we find support, move back up to the 50% but this time it acts as a strong resistance So what i plan to do: 1. Unless i see a clear break of the orange S/R level i dont plan to take any Longs 2. If the highest blue rectangle should be broken again i will start looking for Shorts 3. First area i would look for Longs if price should break down would be the 50% Fib aswell the green rectangle Fundamentally i cant imagine Gold falling that much but never say never. Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
TVC:GOLD
by a_tale_of_bulls_and_bears
Gold: Dollar considering a daily bearish engulfing candle I told u guys yesterday about a possible upswing ahead of Chair Powell. Which happened earlier today. Which clearly created M( or partial M cos of. The delay before formation) and trend retest on my 4h FXCM xauusd which I stopped uploading because of the complaint of the roughness. Gold still trading at the upswing zone with 1842-44 standing for the bears and 1834 standing for bulls. A firm resistance at 1834 won't be good for USD because it might send gold higher but I don't see gold going higher than 1847-53 near term any higher above 1853 will be out of hand. For now 1842-44 is a good selling opportunity to previous low 1823 where the pair next decision is likely to be made. Gold is already signalling a reversal signal on lower timeframe but very choppy. DXY likely to trade in green today after forming a mini triple tap with no trace of trend and retest of previous zone breakout same time which I see as a good trigger though sometimes gold don't give a shit. Dollar likely to outperform today amid DXY outlook but that's the worst market i can count on cos it is full of wonders
FX_IDC:XAUUSDShort
by Metalixt
Gold - Short term neutral/slightly bearish, long term bullishGold remains resilient against bearish fundamental factors like higher interest rates and economic tightening. Meanwhile, it enjoys support from persistently high inflation. On 15th June 2022, the FED meeting is set to commence. Moreover, the FOMC is expected to raise interest rates in the U.S. by at least 50 basis points. In our opinion, this poses a threat to gold, the stock market, and the cryptocurrency market. However, we do not foresee much downside for XAUUSD from the current price level. With the FOMC approaching, we would not be surprised to see increased volatility in gold and even a possible retest of the support at 1786.785 USD. Despite that, we remain cautious; furthermore, we will monitor the price action closely throughout the week. Our price targets stay at 2100 USD and 2300 USD. Illustration 1.01 The picture shows a decline in selling pressure reflected in declining volume. Technical analysis - daily time frame RSI, MACD, and Stochastic turned bearish just recently. DM+ and DM- produce whipsaws. A relatively low value in the ADX suggests a neutral trend. Overall, the daily time frame is slightly bearish. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is very bearish. Illustration 1.02 The picture shows simple support/resistance levels. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
OANDA:XAUUSDLong
by Tradersweekly
19
Gold : Intraweek Technical AnalysisAs I mentioned in previous week’s technical analysis that gold is likely to take a support from 1800 and a pull back towards 1850 is most likely to happen. the price took support from 1800 and gave a weekly high of 1850 as forecasted at the start of the week. The overall trend is now reversing but we can see strong resistance around 1850 to 1860. And after that Gold may move towards downside to the supports of 1830 and 1800. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
OANDA:XAUUSDShort
by JBShark
Gold daily analysis 14.03.2022Gold closed below the value zone lower trend line. Now it will act as resistance. For today this resistance is between 1990-2000. So we can expect a reversal from this level. We can see the 1970 level is acting as a support. However if this breaks then 1950 will be good support. The trend is bearish as we can see from four days. So I suggest to go for short trades only. We may see reversal from a strong support between 1880-1925 level. Until then we may prefer short trades. There is one support or resistance after every 10$ price. Also the news is still not certain about war. So we cannot predict anything based on TA. However we can follow the momentum and go trades near the support or resistance levels with short SL and small TP. Today we may go for SELL 1990 SL 2004 TP 1950
OANDA:XAUUSDShort
by boyinjungle
3
Gold daily analysis 15.02.2022Yesterday Gold has very high volume in last five years. This may be because of news and weakness in other markets. Even with this his volume gold was not able to make big movements because of oversold level. But we can study the support levels based on the volume level. I tried to create a value zone and break it for studying the price movement. Based on current level price can go high upto 1886 as it is the upper limit of this value zone. In present lower value zone there is strong support between 1864 - 1854. So even if price lowers these levels may help gold find good support and help in retracement. I suggest to go for short trades with SL at last higher high. For today here is my idea SELL 1872 SL 1886 TP 1800 (long term trade) SELL 1872 SL 1876 TP 1864 (scalp)
OANDA:XAUUSDShort
by boyinjungle
1
Gold Breakout or Reversal?Gold has continued bouncing within it's huge triangle on the Daily, a massive range of consolidation featuring a perfect series of Higher Lows and Lower Highs. The further we get into the peak of this triangle the more explosive I expect the breakout to be. My last idea was to short the top of this range, and price did bounce down and continue the formation, reaching the bottom before bouncing back up again. We've just had new CPI data showing the largest YOY inflation increase for 40 years. The general wisdom is that Gold performs well in periods of high inflation, and while the CPI data on Thursday actually saw a red day, the close of the week was a big green day for Gold. From a purely technical standpoint, while I do believe a breakout will be coming soon my instinct is to continue trading the formation - that would be a short in this instance, with Gold price at the top of it's range, nearing strong resistance and having seen a potential End Of Week overreaction, with some rotation out of the US indexes on Friday as they took another dive. However, the combination of the dramatic inflation numbers and a falling stock market is giving me pause. While I think there's solid potential for a 2 R short here with a stop above the resistance (marked yellow on the chart), I'm going to hold back until after NYSE open on Monday. I've been looking at this consolidation phase for a while now and there is almost a perfect storm brewing for a bullish breakout. Note - I have adjusted the upper boundary of the triangle in the chart above, but in the range I previously drew in my last chart the Friday action actually drove up and closed above the upper boundary, signaling a potential breakout. Previous chart idea -
OANDA:XAUUSD
by HayeTrading
21
XAU NEAR FUTURE PREDICTIONS (4HCHART)Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 2 Uptrend in green color (Internal Uptrend and Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham
H1 LEVELS AND UPDATE ON GOLD TARGETSPrice has crossed below 1845 and EMA5 confirmation with candle close. We have a clean run to 1825 benchmark which is now open for the short term. Long term we are targeting buys therefore will not be adding to any positions until the 1825 mark is cleared. This is the time where we sit patiently and wait. We will look for the 1846 level to be retested and broken with a Goldturn to resume the Bull targets above and our overall direction. We will of-course update any changes, as we continue to analyze and update our moves. Please do like, comment and follow to support us, we really appreciate it. GoldView
OANDA:XAUUSD
by Goldviewfx
15