Xauusdforex
Gold Futures / GDC / XAUUSD / ETF - GDX - BearishTVC:GOLD ACTIVTRADES:GOLD NYSE:GOLD AMEX:GDX COMEX:GC1!
As per my previous post on Gold, the current price action is creating and symmetrical triangle on the daily chart and as we can see PA rejected off from the .786% retracement.
With daily rejecting off 1968 levels confirms there is more downside remaining and the break of below triangle trendline will open up targets of 1894 and 1834.
According to Elliot Wave, we completed 5 waves in May 2023 and currently the PA is printing an ABC Zig-Zag pattern.
RSI : Below 40 will trigger more shorts.
MACD : Is still below 0, suggests bearishness.
Candlestick Chart:
If price action breaks 1947, next target for TP is 1934 and 1924.
On candlesticks we have two patterns - 1) Bearish Harami 2) Evening Star doji.
According to my trend analysis indicator, we are trending sideways between 1919 and 1974 levels.
My previous posted Ideas on Gold.
OANDA:XAUUSD FOREXCOM:XAUUSD
COMEX:GC1!
AMEX:GDX
XAUUSD: Gold entered a bearish cycle due to USD strength⭐️The global gold price continued its slight decline, with spot gold dropping by $4.5 to $1,908.2 per ounce. Futures gold traded at $1,932.5 per ounce in the last session, down $2.6 compared to the previous morning.
⭐️In the trading session on September 13th, the global gold market struggled to avoid a steep decline as the consumer price index (CPI) rose higher than expected in the previous month. Specifically, the US CPI in August increased by 3.7% compared to the same period last year, and the core CPI rose by 4.3% during the same period. The CPI was predicted to rise by 3.6% compared to the same period last year, compared to a 3.2% increase in the July report.
⭐️Market analysts have noted that the latest inflation data is prompting the market to consider the possibility of further interest rate hikes later this year.
Gold Next WeekAs I said in the previous analysis, the price reached our desired ranges.
Considering the encounter with important resistances (1-hour resistance zone 1949.7-1955 and the red trend line (daily)) and a relatively strong return, we expect the price to return to the support zone below 1880
Resistances: 1941.7 and 1948
Support: region 1914.5-1917.3
target: 1880
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold: Today’s rise is within my expectations
After hitting a new high again today, it began to fluctuate. If it is no longer strong, it will become weaker! The current price of US market 1950 is short, bearish callback!
Gold's current rise has touched the early intensive trading pressure area and encountered resistance! There is a need for a callback! The U.S. market is bearish and has pulled back, with support below the 1940 area! More after getting support!
Gold is now in a concussive trend at the bottom of the daily line. It will move between the upper and lower Bollinger rails if it rises or falls! Now that the upper pressure area has been touched, start shorting! The recent market is concentrated in the US market, waiting for the dive!
Gold is what I expected
Strategy: Gold 1940, buy 1950, short buy, you can buy at any time when the points are reached.
Gold: Buy more in 1913, the US market continues to be bullish!
Gold is still in a bullish upward trend, and the pullback is still an opportunity to go long. Now that the market has fallen back, it will be more direct. The current price of 1913 is more, and the 1935 line is bullish!
Gold has now started an upward trend, and shocks and callbacks are inevitable, but every callback is an opportunity to go long again! And the current market is concentrated in the US market! And the current support position is the 1913 line, the bullishness of gold at this position remains unchanged, more, continue to do more!
The trend is rising, and the pullback will continue until a new high is reached in the US market. Only after the market reaches the 1935 line, will this rise be possible to end!
Gold: waiting for a rebound
Gold has been falling below the support of 1901. Dukang still maintains a bullish thinking from low to high, and continues to hold more than 1895 orders, waiting for the US market to rise!
At present, the decline in gold is over, and the daily line has fallen to the support position of the 200-day moving average. The support of the large cycle moving average is likely to be the turning point of the market! And the short-term decline fell below the 1900 position in the past two days!
If you don't break, you can't stand, break the position and reverse! Before the price of gold falls below, we maintain the view of bottoming out and rebounding unchanged! Recently, the market is mainly concentrated in the US market, and there are many, relying on support and direct support! Bounce some in 1895
Strategy 1985 into long, 1992 to take profit or enter into decline
Gold: The current price of falling points is more!
Gold once again broke new lows, but the decline shows signs of exhaustion, which means that this decline has come to an end for the time being, and the market will start a wave of rebound. The current price of 1911 in early trading is directly higher, and the rebound will rise first!
From the perspective of the trend of gold, the daily line has fallen to the previous low, which is also close to the support position of the 200-day moving average, and the weekly line has fallen back to the lower track of Bollinger! The greater the support position of the large cycle, the greater the possibility of an inflection point!
On the hourly chart, although gold fell again yesterday, the macd deviated and the decline failed. Today's market has a rebound demand, and the pressure above is 1925! Look at the rebound first, and then decide whether to short according to the trend after touching the pressure!
Gold is more than 1914, stop loss is 1907, and stop profit is 1925.
GOLD 1H 254pipOANDA:XAUUSD
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XAUUSD (( mid risk ))
EP =1911
SL =1903.60
TP =1936.4
R/R =1,3.4
is not financial advice
Gold: The trend remains unchanged, and the current price of 1931
The bullish rebound in gold data, the rebound is just a rebound! It is still short and down! US market 1930 current price short, continue to be bearish!
The downward trend of gold has not changed now, the rebound high point is constantly lowered, and it will continue to decline after encountering obstacles! Now the rebound encounters resistance and pressure, and it is directly empty! The support below pays attention to the 1900 integer mark!
Short, the current price of 1930 is directly short and bearish, and the US market continues to be bearish, waiting for the fall!
Now back above 1920, although there is a demand for a rebound in short-term gold technology, and there may even be a rebound trend, but in a state where the fundamentals are not yet clear, the confidence of the bulls is still not strong, and it is difficult to form a climate. CPI data is also needed to fuel the flames.
Gold: In the first line of 1931, it was found that there were fu
After gold completed a wave of rebound and repairs in the trend, the K-line continued to be under pressure on the short-term moving average, and the daily trend continued to maintain a slightly weaker trend. The current price is temporarily supported in the 1930 area. The 4-hour trend is temporarily maintained in a low and narrow range. The current price is temporarily running near the previous support band, but there is basically no rebound. The K-line on the hourly trend has begun to gradually come under pressure, and the short-term moving average may still fall back to a certain extent in the short-term trend.
Operational suggestions: enter around 1931, take profit at 1939.3, target 1930-40 real-time market guidance.
GOLD 1H 175pipFOREXCOM:XAUUSD
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XAUUSD low risk
EP1=1938
SL=1944.80
TP=1925
R/R=1,1.94
EP2=1940.50
SL=1944.80
TP=1923
R/R=1,4.17
is not financial advice
Gold: bad data, continue to be short
Gold has made it clear that the current price of 1950 in the European market is directly shorted, and the data in the US market is bearish, so continue to hold the short order! Bearish, the US market pays attention to whether 1940 breaks!
From the trend point of view, gold belongs to the shock trend! But in the process of the shock, the center of gravity continues to move downwards, indicating that the bears dominate! Moreover, the non-agricultural data has the opportunity to use the data to break down.
But if there is no 1955 pressure prompted by a breakthrough, then continue to hold it. If the direction is right, you will not be afraid of the long way! Continue to be bearish!
XAUUSD 30min low riskFOREXCOM:XAUUSD
Hello my Friends, please if you like ideas do not forget to support it with your like and comment, thank you so much
Now I'm waiting for this scenario.
I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
XAUUSD
low risk,
30min,
ep=1931.5
sl =1922.5
tp =1966
R/R = 1, 3.8
is not financial advice
XAUUSD 30min low riskFOREXCOM:XAUUSD
Hello my Friends, please if you like ideas do not forget to support it with your like and comment, thank you so much
Now I'm waiting for this scenario.
I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
XAUUSD
low risk,
30min,
ep=1985.5 < (1987.5)
sl =1994.5 < (1996.5)
tp =1945
R/R = 1, 4.5
is not financial advice
XAUUSD:Trend Analysis 1965take off
Today's trend and analysis can be seen in my previous article, which can be said to be completely consistent. We emphasize today's support level 1965.gold sell@1980-1985tp 1970-1965 This is our plan for today. Our next plan is gold buy@1965 tp1980-1990.
More analysis and signals will be updated in time, and interested friends can keep up.