XAUUSD - Can the 2000 be hit tonight?!Good evening gold gang! hope you had a good weekend.
What an insane week last week with over 1000 pips in bullish momentum! we caught our fair share for sure.
The way i see it is we have 3 options here. Option 1 .. rally straight up to the 2000 from the open. Option 2 .. small retracement to collect some orders at the daily level before shooting up for the coveted 2000 and finally option 3, deep pull back back to the monthly level.
Im looking forward to seeing what we get at the open!
catch you in the morning for the london/new york outlook
tommyXAU
Goldtrader
Bullish and Bearish Gold Monthly Last week we had very good bullish move, I am bullish till 21st and 22nd March 2023. Price reach and close in side light blue box we may have bearish, get very good and stronger confirmation. We will go bearish.
In case of Bullish in the same blue box, get retesting with very good and stronger confirmation. We will go Bullish
As we all know AU has tendency to make double triple top/bottom which is very much possible case.
XAUUSD Price hugging major price levelgood morning gold gang!!
Another day another dollar! (hopefully) .. asian session saw the predicted buys playing out but never reached full target. This is because price stalled at the 4hr low problem area as marked on the charts. Ive had a few DMs on here saying people took the sells and bagged 60 pips which is amazing .. well done.
for London, Ive adjusted my sells position to below the 4 hr zone but is a risky play. Only 60 pips to the next zone depending on candle closure. Buys are as last night and should be clean if we get volume.
Happy trading guys please remember to leave a like and follow along for more gold analysis
tommy
XAUSUD My Asia trade levels good evening gold gang, wow what a day!!
Price has been insane today! We got all moves predicted up and down. Im very happy with my analysis.
Tonights asian, no clear direction just yet. The level in white is a major price level, so im expecting a small range around it before breaking.
The sells below .. watch out for the 4hr low. I like to take profits at 4hr lows as price can retrace. Buys should be clean to fill the top of the wick, ill be waiting for candle closures above or below before entering.
Please like and follow along for more quality accurate analysis on my beloved xauusd
tommyXAU
XAUUSD NY Trade Ideas Whats up gold gang!! hope you're well
as suspected, price is ranging. DO NOT trade in the range .. thats how you lose accounts!!
I have marked my 2 areas im waiting to break for gold. Anything else is not valid!
Lets see what we get!! Please like and follow along for more
tommyXAU
XAUUSD Asia session pull back. I missed the move. Good morning gold gang!! hope you're well
Asian session provided us with the forecasted pullback to my level (accuracy!) .. nice short positions would have been available during the session with quite a lot of volume.
Price then slowed down at the level and at 6am, shot up with volume. If i was awake at that time, that entry would have been a no brainer for me. Big rejection on the hourly at the level and a failure to close below. Entry on the break of the doji and boom .. 70 pips.
Rest of today i think we will range around the major price level i have marked, waiting for the news. I have no predictions on the news, i just want to react 15 mins after. Ill be on the charts from 1pm gmt.
If not range we might see price move up to my next level marked.
have a good day guys, catch you for CPI!
tommyXAU
Buy gold now.
Gold has support at 1830-32below, and it has basically returned to this level after the pullback. The distance between the moving averages and the K-line is relatively far, and the moving averages and the K-line have mutual attraction, indicating a likely return to the moving averages. Therefore, we can directly enter a long position at 1833 for gold. Are you ready? Opportunities do not always come, so we must seize them when they do.
Trading strategy: Go long on gold at 1832, with a stop loss at 1823 and a target of 1852.
Follow me to make trading simpler. FXOPEN:XAUUSD
The opportunity for gold next week is here.
Hey, do you remember the perfect curve pressure on gold we talked about a few days ago at 1860? It's getting close now, so how should we view it next?
It's still a bullish trend, but with the arrival of the pressure level, the short-term trend of gold is likely to be suppressed first and then rebounded.
Short-term trading strategy:
It is suggested to focus on buying on dips next week, with short selling as a supplement, and the short-term key resistance level is around 1860-1870. For those who are trapped, this may be an opportunity. (As I do not know where your position is trapped, I cannot provide corresponding strategies. It is recommended to discuss with me directly.)
The short-term key support level is around 1845-1840. You can confidently buy on dips.
I will also pay close attention to the non-farm data next week and provide recommendations. Welcome everyone to leave a message.
TVC:GOLD OANDA:XAUUSD FXOPEN:XAUUSD
Gold (XAUUSD): Time For Pullback 🟡
Gold is approaching a wide horizontal demand cluster on 4H.
Taking into consideration, that the market is trading in a minor bullish trend,
probabilities will be high to see a pullback from the underlined area.
I expect growth to 1855 / 1862
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XAUUSD-GOLD Dear traders, hope you all doing great, this will possibly be the last sell entry be on XAUUSD, We have high impact news on XAUUSD and that is why we think, it would be a perfect area to sell gold and target 400-500 pips. We may have the buy limit set around 1780-85 as this is the area every trader is eying on.
-Trade Setup will only be valid if we have good rejection to ‘red marked area’.
-If price comes to area range enter with 50-60 stop loss.
-First target 100 pips once achieved close 50%.
-Do not enter earlier with bigger stop loss.
-Trade smart and wise.||
Good luck and Trade safe. Remember, Patience Pays.
Gold: Is support starting to form? Happy Friday, traders and TradingView community. Today we are looking at Gold from a technical perspective on the short term as buyers continue to push off a support area and from a potential demand zone.
Price, for now, has continued to see demand from 1820.90, and sellers have failed on two attempts to break through. This level also sits in a possible supply zone that corresponds to the bar on the 21st of December, 2022. A supply zone can point out an area that can form support and lead to a reversal. I’m by no means an expert on supply and demand zones, so please be aware of that. What I like about this is the fact that two points have lined up in the same area.
Price still remains in a downtrend, and the last few candles have seen failed attempts to hold close to their highs. These are counter bearish signs and need to be taken into consideration. From here, we want to see buyers hold today’s rally, and the higher the close, the better to tell us that buyer numbers are increasing.
If we see a solid close today, that could be a sign that buyers are trying to regain control. A break of the trendline would be another solid sign. We need to see buyers hold 1820.90 support as if price closes below that level we could see a new bearish continuation.
Another factor is the USD core PCE price index data will be released later today, and it is expected to come in at 0.4%, 0.1% higher than the last data. Inflation and rates continue to be a driver, and a miss or beat could impact the USD and Gold. The PCE will be released at 8:30 am EST.
Have a great weekend and good trading.
GOLD (XAUUSD): Update & The Thing to Watch🥇
Update for Gold.
The market keeps coiling on a key daily horizontal support.
Analyzing a 4H time frame, I spotted a potential inverted head & shoulders pattern.
The price has already completed the left shoulder, the head and currently it is forming the right shoulder.
1842 - 1850 is its horizontal neckline.
The trigger to buy Gold will be its bullish breakout (4h candle close above).
A bullish continuation will be expected to 1866 / 1879 levels then.
If the price sets a new low, the pattern will become invalid though.
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XAUUSD top-down analysis,UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities 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.