Gold Spot Bulls Can Show The PresenceHello Friends,
On my last analysis it was suggested 2048 - 2050 can bring bears on charts till 1980 - 1970. Today we have witnessed 1970 now this is a support, an important support infect.
So those who are shorts should look to book gains or at least adopt risk management. For details of That analysis please go though my previous research on GOLD.
I believe short covering base pull back from here can be seen till 1981 - 1986.
Closing US session above 1986 would shift control to ST to bulls.
For MT to LT please review my previous details research.
Happy Trading.
Xausdlong
Gold breakdown analysis 28/03/2023Dear traders gold start with bearish daily candle so it may still in correction after the big move l gold won’t up this week because it has a lot of secret behind the chart so as I said you should look for buy above 1957 and if price came and close below 1952 you should look for sell ...trade safe
Good luck
XAUUSD H1: Bearish outlook seen, further downside below 1813.00On the H1 time frame, prices are facing bearish pressure from the resistance at 1813.00, in line with the Fibonacci confluence levels. A pullback to the resistance zone at 1813.00 could present an opportunity to play the drop to the support zone at 1786.00. Stochastic is approaching the resistance at 92.91 as well, supporting the bearish bias.
Fri 22nd Jul 2022 XAU/USD (Gold) Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAUD/USD (Gold) Buy. Enjoy the day all. Cheers. Jim
Gold - Long to 2060Both gold and silver have been bullish in 2022, they struggled to go lower at the end of March. We could see prices retest the recent highs around 2000-2060 over the next few weeks. However if price goes lower to 1885, we could consider this a break in structure and the start of a downtrend.
XAUUSD LONGS 📉📉📉📉 Expecting bullish price action on GOLD from a technical analysis perspective, we are in a bullish market strucutre from a HTF premise and also price has a lot of bearish imbalances that hasn't been filled yet somewhere around 2040 price area, this days price taked out liquidity below 1910 area and quickly reversed. As price is above 1900 institutional figure i will look only to LONG THIS ASSET.
From a market seasonality standpoint we are in a clear BULLISH SEASONALITY CYLCE, meaning price should go up.
The latest news regardind Russia-Ukraine are not the best and brings some kind of risk off market sentiment meaning GOLD should go up
What do you think ? Comment below..
Long Position For GOLD (XAU)Hi Guys ... :
Gold unfortunately or fortunately broke its $ 1950 resistance and in a few days we will see a price pullback!
My opinion is that the price can go up from 1917 to 1905 dollars.
The loss limit is very small compared to the profit limit and has a risk to the reversal of 1 to 4.
Loss limit: $ 1872
Profit limit: $ 2032
Do not be greedy!
Thank you, analyst:
mahdiaghdam00