XAUUSD FOMC analysis updated!!Hello traders,
this is complete multiple timeframe analysis of this pair. We see could find significant trading opportunity 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.
Goldstrategy
GoldViewFX - 20 PIP SIGNAL SETUP IN ACTION!!!
This is a simple 20 pip setup that can be used in ranging conditions allowing intraday setups both ways.
We look for EMA5 to crossover MA21 UP or DOWN followed with a 1H closing candle, which we call the locking candle. Once this is done, we then enter on the next candle and target 20pips.
The example on this chart shows the setup in action hitting targets up and down.
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GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the TREND LINE BREAKED and UP about 160 PIPS. We hope you get it.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them. US INFLATION DATA to be released. Therefore, you should definitely pay attention to GOLD.
Anyway, with US10Y DOWN, GOLD is going up a bit now. Anyway, we expect that GOLD will go UP to 1794 LEVEL. After that GOLD can definitely go down to 1671 LEVEL. Be careful..
XAUUSD Multi timeframe analysisHello 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.
Press the like button if you enjoy this content 😊
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis given to XAUUSS earlier, the TREND LINE is BREAKING and DOWN about 200 PIPS. We hope you get it.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them.
Anyway, with US10Y UP, GOLD is going down a bit now. Anyway, we expect GOLD to go down to 1671 LEVEL. After that you can definitely move to 1782 LEVEL GOLD. Be careful.. gold
XAUUSD - HOW DOES GOLD REACT USD HIGH IMPACT NEWS?#XAUUSD
According to the analysis we gave to XAUUSS earlier, the TREND LINE is BREAKING and going down about 190 PIPS. We hope you get it.
We have some very important NEWS coming to USD this week. So we have to wait a bit until we get them. The reason is that in this week, some very important DATA such as MANUFACTURING DATA, LABOR DATA etc. should be received. They can definitely have a very positive effect on GOLD.
Anyway, with US10Y UP, GOLD is going down a bit now. Anyway, we expect GOLD to go down to 1671 LEVEL. Before that, you can definitely go to 1744 LEVEL GOLD. Be careful.
XAUUSD top-down analysis, UPDATED!!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.
Press like button if you enjoy this content 😊
Gold analysis: Double bottom and bullish RSI divergence formingGold has fallen 2.1% in the last week, and it is now trading at its lowest level since July 21st, when it set the year's low of $1,680/oz.
Looking at the technical patterns, it appears that a double bottom is forming, as $1,680 is now only 1.5% below current prices.
A significant trend reversal could occur if this double bottom in prices is accompanied by a bullish RSI divergence, with the indicator failing to update new lows. Similarly, in August 2021, gold prices formed a double bottom along with a bullish RSI divergence, paving the way for a multi-month uptrend to March 2022's peaks.
To see a reversal of gold's bearish trend, either the Fed must stop raising interest rates (unlikely) or markets must lose confidence in the Fed's ability to control inflation in the near future.
Gold, unlike the US dollar, has not been a successful inflation hedge so far in 2022. The bullion has lost 4.5% since the beginning of the year, while the US dollar index ( DXY ) has appreciated by 13%.
In practise, market participants have had some confidence that the Federal Reserve will be able to restore inflation to target.
But what if inflation continued to soar despite interest rate increases?
Fiat currencies like the US dollar would be an asset with negative real returns if the market started to believe that despite rising interest rates, inflation will continue to be much higher than anticipated unless the economy experiences a severe downturn. In that case, large investors' attention may shift back to gold, which has historically protected against the risk of inflation expectations becoming unanchored.
Inflation expectations seem to have bottomed out in July, and they have been on the rise over the past few weeks despite rising expectations for higher interest rates, as evidenced in the 5-year and 10-year US breakeven rates . This move is telling us that the market is beginning to factor in the likelihood that inflation will remain above the 2% target for the next five or ten years.
Further increases in inflation expectations during periods when the Fed raises policy rates are a warning sign that inflation expectations are becoming unanchored and the market is starting to lose faith in central banks' ability to control inflation.
Further increases in inflation expectations during Fed rate hikes are a warning sign that inflation expectations are becoming unanchored and the market is losing faith in central banks' ability to control inflation.
Crossing this Rubicon would lead to a new bull trend in gold's price.
Idea written by Piero Cingari, forex and commodity analyst at Capital.com
GoldViewFX - EXAMPLE OF EMA5 CROSS AND LOCK STRATEGYHey Everyone,
As you all know we generate two types of levels the Goldturn levels (weekly), which we share to all our members and also our VIP intraday levels (daily) for premier. We then use our EMA5 cross and lock to identify targets.
Please see example of our 1H chart setup and how EMA5 cross and lock confirmed the lower targets. We can see EMA5 cross 1769 Goldturn followed with another 1H candle body close below that level. This then left a gap below to the next Goldturn 1761, which was HIT perfectly.
As long as we keep the levels updated our members are able to then apply this strategy to identify open targets. We use this alongside our algo setups to strengthen our signals and direction.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD top-down analysisHello 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 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 possible selling zone!!GOLD is moving along this falling channel and it is likely to hit the resistance today.
there could be a selling opportunity once price action is formed rejection from the top.
On the test of daily 20EMA, we could see rejection.
please press like button if you find value in this analysis
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 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 God mode 80% strategy 6.5RR4HR chart Oanda broker. Never a drawdown above 5% on floating NOT closing trades, 80+% win rate for about 15-20% a month trading only 1 lot ! Fresh signal on Wed 5*25/2022. Look for it to return to the Red zone around 1830. Shoul/could be a MASSIVE move. Further charts will provide the outcome.
Strategy was backtested to 1-1-2022.
1850 SELL
1833 Take profit. ^80% chance.
God bless you all, have a wonderfull trade.
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone,
We have updated the 4H chart with weighted Goldturns and TARGETS and a Goldturn trendline support to identify the potential swing.
We have candle body close above 1843 opening 1862, as a target. Ema5 cross and lock will make this target stronger. Failure to cross this and a new Goldturn below this level will see price retrace back for the updated swing range.
BULLISH TARGETS
1862
BEARISH TARGETS
1843
SWING RANGE
1826
As always we will keep you all updated with any changes to this setup. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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.
XAUUSD, Resistance of 1960 will play a mighty roleGold against Dollar looks like reached the April month starting price of 1930 price zone,Last week of April is holding downward momentum , Historical strong resistance zone 1960 could send the price back down below 1900 this week...
Analysis only for education pupose