👑 Ideas For XAUUSD / GOLD
📈 GOLD → The structure of the bull market is at risk. 2300??
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GOLD is breaking the bullish trend structure, earlier I pointed out that the market is preparing for a reversal amid liquidity capture at the expense of buyers. The market is testing support for a breakout
Selling since the opening of the session. Price is testing local lows and forming an entry into the risk zone. Possible shakeout before the subsequent fall. Last week a major player was collecting liquidity at the expense of buyers, this can be seen in the long tails of daily candles, volumes and trading relative to the 2400 zone.
At the moment we should pay attention to the zone 2354 - 2365. There may be an active struggle in this zone (shaking, level sawing, long consolidations), but now there is a prospect of correction to 2330, 2300
Resistance levels: 2365, 2400.
Support levels: 2354, 2328, 2300
Technically, strong sellers are emerging in the market and they are building limit resistance zones. The market is not ready to pass through 2400 yet, so we should wait for a sideways range or correction
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#XAUUSD 👑
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Читать полностью…👑 Ideas For XAUUSD / GOLD
📈 GOLD → One step away from a correction? What's going on?
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GOLD is stopping after a strong rally. The price tests 2400 and forms a local maximum, but what is surprising is that the market does not let the price beyond 2400 yet
The market is starting to gain liquidity at the expense of the buyer. Price comes back into the range after attempting to break 2400 and eliminates the buyers. The first bells are appearing for a possible start of correction after a strong rally.
At the moment it is worth paying attention to the range 2365 - 2400, there is a chance that the price will stay inside this corridor for some time. Since the trend is bullish, we should still expect growth in the future, but there is a risk and panic area on the chart, if it is broken through, a deep correction to 0.382 Fibo or 0.382 on D1 may start.
Resistance levels: 2400, 2418, 2431
Support levels: 2365, 2300
The bullish trend is in priority and it is worth to build your trading strategy in relation to the trend. False break of 2365 and consolidation above 2372 may favor the growth, as well as break and consolidation of the price above 2400.
But the chart is beginning to show the preconditions for a possible bearish correction. We continue to watch the level of 2365. Breakdown, updating of the local minimum of 2352 and consolidation of the price below this area will form a downside potential
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#XAUUSD 👑
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📉SELL LIMIT XAUUSD at 2379
StopLoss❗️: 2384
Scalp trading:
Take Profit 1️⃣: at 2370
Standart trading:
Take Profit 2️⃣: at 2358
Swing trading:
Take Profit 3️⃣: at 2330
Good morning!
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👑 Ideas For XAUUSD / GOLD
📈 GOLD → A retest of bullish trend support. What to expect?
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GOLD reaches the 2400 mark on Friday before facing a profit-taking. There is a possibility that traders closed positions before the strong news that occurred from Saturday to Sunday
There is no correlation with the dollar now, which makes it easier for technical analysis. In fact, we have a strong bullish trend and strong support in the form of the 2325-2330 zone and an ascending channel line. From Saturday to Sunday there was the development of another geopolitical problem in the Middle East and it is related to the armed crisis between Iran and Israel, which in general can only affect the appreciation of the metal.
Resistance levels: 2365, 2375
Support levels: 2335, 2330, 2325
In general, we should consider a retest of the trend support or 2330 and look at the price reaction to these levels. Most likely, the trend may continue.
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#XAUUSD 👑
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Few minutes ago I received my trade profits in long term invest..
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#GOLD Buy📈 at 2394
StopLoss❗️: 2390
Scalp trading:
Take Profit 1️⃣: at 2400
Standart trading:
Take Profit 2️⃣: at 2409
Swing trading:
Take Profit 3️⃣: at 2428
👑 Ideas For XAUUSD / GOLD
📈 GOLD → Bears win. Downward counter-trend correction ↓
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GOLD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228
On H1 the price is forming a bearish momentum, since the opening of the session on Tuesday, the price has overcome a 1.8% retracement. The reasons for the fall may be both profit taking in the 2400 zone, after which the market maker changed the course to liquidate traders and balance the market (I remind - at the moment the imbalance is in favor of buyers), and the correction after a strong rally, the price is heading downward in order to find strong support zones and form a market bottom.
Resistance levels: 2300, 2305, 2328
Support levels: 2267, 2250, 2228
Today traders are waiting for PMI. Positive data for the dollar will only strengthen the fall of gold, but the negative PMI will weaken the strong fall. But, in general, at the moment, the medium-term course of the metal is clear to everyone.
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#XAUUSD 👑
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Still, we were prepared for such a decline in gold.
If you read the idea, you may have noticed that I was pointing out the preconditions that led to the big player collecting liquidity at the expense of buyers to go down.
Result: Resistance is retested and the sellers (the big player) no longer let the price go beyond the resistance of the 2400 range. This is followed by a fall of 450 pips ;)
at the moment 2400 is a strong limit resistance. A correction phase is forming.
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Learn to analyze, not trade by feel. You need to understand where the price will go and follow it, only in this way you can make money.
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Читать полностью…👑 Ideas For XAUUSD / GOLD
📈 GOLD → The price is not falling on the US news. Target 2450?
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GOLD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game
Bulls form another intermediate bottom at 2365, building a limit support area. The price bounces and strengthens almost to 2400. Gold shows itself as a safe asset and finds interest from investors.
On H1, the price breaks local resistance and heads towards 2400. At the moment, the market's target is to break 2400 and reach the liquidity area of 2431.
Resistance levels: 2431, 2400
Support levels: 2371, MA-50, 2365
Technically, this is a strong bull market. It is worth looking for strong support areas to buy or strong resistance areas to trade on a breakout. Potential target is 2400, 2430, 2450.
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#XAUUSD 👑
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#GOLD Buy📈 at 2372
StopLoss❗️: 2368
Scalp trading:
Take Profit 1️⃣: at 2376
Standart trading:
Take Profit 2️⃣: at 2389
Swing trading:
Take Profit 3️⃣: at 2408
#GOLD Sell📉 at 2356
StopLoss❗️: 2360
Scalp trading:
Take Profit 1️⃣: at 2352
Standart trading:
Take Profit 2️⃣: at 2340
Swing trading:
Take Profit 3️⃣: at 2303
Hey, buddies. A new trading week is starting, I am preparing a market review and will share ideas soon.
Also a little later I will share information about the strange movement of gold on Friday.
Have a productive and profitable week!
#GOLD Sell📉 at 2339
StopLoss❗️: 2343
Scalp trading:
Take Profit 1️⃣: at 2335
Standart trading:
Take Profit 2️⃣: at 2323
Swing trading:
Take Profit 3️⃣: at 2306