Get started

Goldusd

XAUUSD possible next move!!! 30/11/2022I need to admit that my previous analysis was wrong. Here is why... Taking time factor into account, I would say that we are still in the "blue B". It could be the correction of abc x abc for the gold price as shown in the graph instead of abc and then directly begins with big blue C. The question is what is the safe price for opening short position? Personally, I will open my short positions again around 1760-1763 which is the previous high. My target is still the same which is 1722. Therefore, we will have higher RR with this strategy. *Don't forget to do RR and adjust your stop loss **Not a financial advice Best wishes, sillyFACE
FX:XAUUSDShort
by sillyFACEEE
20 Reason for sell GOLD 🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️ 1 ✨ Eagle eye : most significant time frame yearly base on yearly gold is in a bull trend but currently in a corrective phase 2 📆 Monthly : higher low /lower low formatted bear trend current candle is a retracement candle and also filled out discounted area of monthly time frame 3 📅 Weekly : extremely bearish in weekly now in a corrective phase and also fill out extreme Imbalance area or FVG gap take a resistance here and also formed and key reversal weekly candle bear trigger event also occurred everything favour of bear right now even no volume on the weekly chart 4 🕛 Daily : a bull trend but a strong resistance at weekly and daily ob after its price also gives us a country reversal with the lowest volume and a vital reversal sign 😇 7 Dimension analysi s 🟢 analysis time frame: Daily 5: 1 Price Structure: bullish 6: 2 Pattern Candle Chart: Counter trend with low volume 7: 3 Volume: dried no volume 8: 4 Momentum UNCONVENTIONAL Rsi: At a decision area around 60 9: 5 Volatility measure Bollinger bands : double top m pattern with a most substantial volatility divergence 10: 6 Strength ADX: Dmi cross over excepted for bears 11: 7 Sentiment ROC: equal ✔️ Entry Time Frame: H4 12: Entry TF Structure: Established bear 13: entry move : a considerable doji wait for an impulse move 14: Support resistance base : 1751.5 is a substantial support area waiting for break a support 15: FIB: nill ☑️ final comments: if the price break the 1751 area, we go with bear 16: 💡 decision: sell 17: 🚀 Entry: 1751.5 18: ✋ Stop losel: 1759 19: 🎯 Take profit: 1715 20: 😊 Risk to reward Ratio: 1:5 🕛 Excepted Duration :3 days
OANDA:XAUUSDShort
by Optimum369
9
XAUUSD next possible move!!! 29/11/2022The wave 2 of gold price retraced more than I expected which is at 0.786 fibonacci level of wave 1 in blue B --> blue C. However, I still stick to the same plan I told you guys, opening my short positions at 0.618 fibonacci level of wave 1 in blue B --> blue C. My stop loss is around 1759.XX and my target is still the same around 1722 which gives us approximately 6 RR. *Don't forget to do MM and also adjust your stop loss **Not a financial advice Best wishes, sillyFACE
FX:XAUUSDShort
by sillyFACEEE
Gold price remains above last weeks lows; further upside? Nov 29, 2022 Daily Insight Market Talk EUR/USD failed to hold yesterday’s high; traders may have moved into the USD in front of tomorrow's Euro area inflation data USD/JPY lower after Japan retail sales increase for the 8th month in a row Brent/WTI crude oil higher on positive supply/demand news; reports OPEC+ may cut output at its December meeting; brent finds support at $81 key, faces resistance near $87 Gold rises on bets that risk appetite improves; precious metals looking more bullish as the US dollar index trades near multi-week lows Euro Stoxx 50 seems to be maintaining upside momentum; increased volatility expected around tomorrows EU inflation data release Upcoming Key economic events Euro area inflation data due on Wednesday; ECB president Lagarde said yesterday that it's unlikely that EU inflation has peaked and that the ECB would hike interest rates as “long and as high as needed”. TODAY’S MARKET IDEA: Gold price remains above last weeks lows; further upside potential remains provided US dollar weakness prevails Technical conditions: Gold price (weekly chart) is above its 10 week moving average (bullish); the bullish outlook can be further supported by the fact that price has appeared to have found buyer support near the $1,730 area which intersects at the October 3rd and September 5th highs; the 40 week (200 day) moving average is spotted at $1,795 while short term resistance at $1,786 needs to be cleared in order to open up the prospects for a test of the key resistance at the August 10th high near the $1,808-10s. Not investment advice. Past performance is not indicative of future results.
SKILLING:XAUUSDLong
by Skilling
XAUUSD next possible move!!! 28/11/2022According to my previous analysis, the graph significantly shows that it is zigzag correction as expected due to the fact that wave "blue B" retraced only 0.618 of wave "blue A". Therefore, the next possible move of the gold price is the movement from wave "blue B" to wave "blue C". In my opinion, wave 1 in blue B --> blue C has already ended, so now we are waiting for wave 2 in blue B --> blue C. Personally, my target price to start opening my short positions is around the grey box area which is from 0.382 to 0.618 fibonacci level of wave 1 in blue B --> blue C. My target price is still the same as my previous analysis which is around 1722. *Don't forget to do MM and also adjust your stop loss!! **Not a financial advice Best wishes, sillyFACE
FX:XAUUSDShort
by sillyFACEEE
XAUUSD 4H Analysis📈Trade Idea📉 🟡 #GOLD Spot 4H For gold, we can have two scenarios for trading. Considering that gold is in the Premium range, if a four-hour low candle (PDL-PWL) closes In the first scenario, you can use the supply ranges specified in the chart to activate sell orders. The second scenario for traders who are looking for a long stop in gold, the block order ranges are specified in the chart. For trading in these areas, you can place your trade as a limit by observing the stop loss. 🟢Minor Order Block >🟢1725$ -1740$ 🟢Major Order Block >🟢1700$ -1715$ 🔴Minor Order block >🔴1760$ - 1770$ 🔴Major Order Block> 🔴1780$-1800$ 📊Poc (Point of Control) : 1650$ ⚠️ Margin 1% For each position. ⚠️Use Tight Stop Loss. ✍️Desert Eagle 📊Analysis Method SMART Money Concept + ICT+ Volume Profile (DYOR) 📆11.27.2022 ⚠️This Analysis Will Be Updated⚠️ 💸Good Luck Traders.
OANDA:XAUUSD
by Trader_Needs
XAUUSD on retracethe first fibonacci in the left side of the chart is the first clue of the bottom of the downtrend by making a flat correction (A and B) wich lead to a strong C at allmost 161% of fibonacci, this next wave is a bullish correction, some could call it a bullish flag is still the same, everytime after a big bounce in a short time it has to "correct" the too fast bounce, i can still read the correction with elliotwaves wich show the start of a basic and common structure called "zigzag" and most of zig zag leg A is an impulse wich it did so this is a confermation of a zigzag pattern wich will end at the big C at 38% or 50% some cases even 61% of the fibonacci at the right side.
EIGHTCAP:XAUUSD
by JetSpark
Gold technical analysis: Bull flag pattern pointing to 1,880? The release of the November FOMC minutes, which were more dovish than anticipated since a large majority of Fed officials judged that a decrease in the pace of the fed funds rate increase would likely be appropriate soon, sent gold prices surging beyond $1,750/oz once again. The early stages of the formation of a bull flag pattern can be seen on the gold 4-hour chart. This pattern may be read as the continuation of the November price action and may provide an entry point for a near-term rally extension. A bull flag pattern is defined by a pole where prices surge first, followed by a horizontal or downward-sloping flag of consolidation, and then a large increase in the upward direction equivalent to the size of the initial pole. In the case of gold, the first pole begun with the triple bottom that occurred in early November at $1,616/oz, followed by a two-week rebound to the $1,788/oz resistance, where sellers reemerged as prices hit the 38.2% Fibonacci level of the 2022 high-low range. Gold prices then formed a downward-sloping flag and consolidated in a descending channel until November 23, when the flag channel was breached. With the second pole already starting to take shape, the technical picture may portray a rise to $1,880/oz if the second pole matches the scale of the first pole. The relative strength index (RSI) rebounded from very oversold levels, while the moving average convergence/divergence (MACD) indicator completed a bullish crossover below the zero line. These were also positive development. If this price extension to $1,880/oz materialises, it will signal a significant development for the gold uptrend since the 50% Fibonacci level will be surpassed.
CAPITALCOM:GOLD
by Capitalcom
20 REASON FOR SELL GOLD 🤑TOP DOWN ANALYSIS OVERVIEW🤑 biggest time frame yearly base on yearly gold is in a bull trend but current in a corrective phase 🧐Eagle eye: bull Monthly: higher low /lower low formatted bear trend current candle is a retracement candle and also filled out discounted area of monthly time frame weekly: extremely bearish in weekly now in a corrective phase and also fill out extream Imbalance area or FVG gap take a resistance here and also formed and key reversal weekly candle bear trigger event also occurred everything favour of bear right now even no volume on the weekly chart 1 Structure analysis time frame: Day 1 bullish 2 target time frame: Weekly 3 Current Move: impulse for day 1 4 Entry Time Frame: daily 4.1 Entry TF Structure: bullish 4.2 entry move: wait until 1765 and wait for some bearish signals 5 Support resistance base: weekly order block resistance and FVG resistance 6 FIB: 7 candle Pattern: momentum Engulfing bull 8 Chart Pattern: Pole and flag till 1765, then reversal move can start 9 Volume: no volume Compare to the whole move 10 Momentum UNCONVENTIONAL Rsi: Range shift for sideways to bull but only till 1765 extreme target 11 Volatility measure Bollinger bands: possible m pattern or volatility divergence at 1765, and we know well about it its also a reversal sign 13 Sentiment ROC: weaker than USD 14 final comment: wait till 1765, then sell for positional entry 15 : decision: wait 16 Entry: 1765 17 Stop losel: 1785 18 Take profit: 1580 19 Risk to reward Ratio:1:8 Excepted Duration: 2 months
OANDA:XAUUSDShort
by Optimum369
🥇Gold🥇 Analyze (11/18/2022)!!!Gold was able to make a Head and Shoulders Pattern on the resistance zone. I expect Gold will go down at least to the support zone. Gold Analyze ( XAUUSD ), Timeframe 1H.⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:GOLDShort
by pejman_zwin
4