✅✅New Signal⚠️
#GOLD Buy📈 at 1902
StopLoss❗️: 1898
Scalp trading:
Take Profit 1️⃣: at 1906
Standart trading:
Take Profit 2️⃣: at 1914
Swing trading:
Take Profit 3️⃣: at 1926
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2
New Signal⚠️
#GOLD Buy📈 at 1902
StopLoss❗️: 1898
Scalp trading:
Take Profit 1️⃣: at 1906
Standart trading:
Take Profit 2️⃣: at 1914
Swing trading:
Take Profit 3️⃣: at 1926
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2
👑 Ideas For XAUUSD / GOLD
📈 GOLD → Market declines in steps - a strong hint
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XAU is moving in steps, gradually updating local lows, which speaks about the current trend. After another resistance retest, which failed, the price returns to the support and under the market pressure breaks the line
On the senior timeframe a sideways range is formed and the price is approaching the decisive support, a rebound before the breakout may follow.
On the local timeframe we see the breakout of another support line and the price decline to 1905 (at the time of writing the review). Most likely, gold seeks to test the liquidity area below the key low of 1903.8. (False breakout is possible). From this area the market is likely to form a correction to 1908 or to 1912 with the subsequent decline on the background of the downtrend and reaching again 1903 or even to 1889 in the medium term. DXY does not give preconditions to fall yet and may continue its growth, for which XAU is preparing.
Support levels: 1903.8
Resistance levels: 1908.4, 1912.8
I expect a retest of support, but the market will not break this level at the first time, but will form a rebound before a further fall
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#XAUUSD 👑
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👑 Ideas For XAUUSD / GOLD
📈 GOLD → The trend formation continues. Support retest
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XAU failed to break the resistance of the local descending channel on H1 as the price is trapped inside the global bearish trend on D1. The DXY correction is failing to yield much as gold is also weakening
On yesterday's decline the market is forming a local support level at 1908.4. From the opening of the new session we see a retest of this area without any strong counter-trend pullback. It is clear that the bears are strong at the moment, as evidenced by the futures volumes.
The market is in a downtrend, earlier there was a retest of 1916.7, the next target may be the support area (liquidity area) 1903, but from this area, as 1903 is a strong enough support area, a rebound may follow and form a flat or consolidation before a further maneuver. Within the flat, the price may reach resistance.
Support levels: 1908. 1903
Resistance levels: 1916, trend line
I expect a retest of 1908 with a subsequent breakout and testing of 1903. From 1903 a rebound to local resistance is possible before further fall.
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#XAUUSD 👑
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👑 Ideas For XAUUSD / GOLD
📈 GOLD → Bearish leverage continues to drive the market
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XAU is retesting the resistance of the newly formed descending price channel. A rebound and a retest of the 7-day flat support is formed
In the near future, the price may test the flat support at 1916.7 and form a rebound. The rebound may be small, for example, to 1924 to retest the trend resistance. After that the price may continue its fall, breaking the marked support. Globally, the price is in a downtrend. A symmetrical triangle is clearly formed on the d1 chart and we have fundamental prerequisites that the price may break the support at 1902 and head far down.
The local situation is simpler. Since the local trend intraday can change several times, our task is to look for key levels to find a good opportunity to open trades
Support levels: 1916.7
Resistance levels: 1924
The medium-term outlook is bearish. Most likely, gold may update both local and global minimums on the background of strong strengthening of the dollar (DXY)
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#XAUUSD 👑
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✅✅New Signal⚠️
#GOLD Sell📉 at 1926.91
StopLoss❗️: 1931.00
Scalp trading:
Take Profit 1️⃣: 1922.70
Standard trading:
Take Profit 2️⃣: 1916.81
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
👑 Ideas For XAUUSD / GOLD
📈 GOLD → False breakdown and retest give mid-term targets
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XAU is forming a signal that gives us insight into further medium-term potential. The market is trading within a descending price channel. Strong
DXY continues to put pressure on the XAU price
There is quite a lot of news published in the coming week. It is worth paying your attention to the following:
13.09:
• Core CPI
• CPI (MoM) & (YoY)
14.09:
• Core Retail Sales
• Initial Jobless Claims
• PPI
On the global timeframe we see a broad sideways flat formation. At the moment there is a potential for a decline towards 1800 in the medium term, and even towards 1700 or 1600 in the long term - standard trading strategies determine the trading potential within the flat.
On the daily timeframe we see a false breakdown of the descending channel resistance. After two bearish candles the market forms a shakeout and a retest of the trend resistance, but a new signal is formed - a candlestick pattern with a long candle, which is also a prerequisite for a red market.
Local support level is 1915, in the first half of the trading week the market may test this area with a high probability of further breakout and realization of accumulated potential for further decline to the lower boundary of the channel or flat
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#XAUUSD 👑
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✅✅New Signal⚠️
#GOLD Sell📉 at 1923.73
StopLoss❗️: 1928.00
Scalp trading:
Take Profit 1️⃣: 1919.71
Standard trading:
Take Profit 2️⃣: 1913.90
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
New Signal⚠️
#GOLD Buy📈 at 1932.19
StopLoss❗️: 1928.00
Scalp trading:
Take Profit 1️⃣: 1936.22
Standard trading:
Take Profit 2️⃣: 1942.19
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
👑 Ideas For XAUUSD / GOLD
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XAU is forming a false breakout of the resistance of the global nisode channel. On the local timeframe the price broke the trend support. Can this be considered as signals?
Yesterday I talked about potentially important levels for us. Today, price is breaking the support area (local). The reaction to this is enough to break uptrending price channel support on H1. Pay attention to the D1 timeframe. Price is forming a false breakout of the DOWN price channel resistance against the background of the DOWN trend. If the pattern is confirmed (it will be a consolidation of the price below 1932), we will see the beginning of another strong fall in the near future. I talked about the potential of such a fall a few days ago. The target of such a movement could be the area of 1900, 1850 and 1800).
Support levels: 1925, 1913
Resistance levels: 1932
The price is forming several sell signals. We need to wait for the confirmation of a bearish set-up to open trades.
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#XAUUSD 👑
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✅✅SELL XAUUSD at 1906
StopLoss❗️: 1910
Scalp trading:
Take Profit 1️⃣: at 1902
Standart trading:
Take Profit 2️⃣: at 1892
Take Profit 3️⃣: at 1880
✅✅New Signal⚠️
#GOLD Sell📉 at 1912.94
StopLoss❗️: 1917.00
Scalp trading:
Take Profit 1️⃣: 1908.73
Standard trading:
Take Profit 2️⃣: 1902.88
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
New Signal⚠️
#GOLD Buy📈 at 1913.18
StopLoss❗️: 1909.00
Scalp trading:
Take Profit 1️⃣: 1917.11
Standard trading:
Take Profit 2️⃣: 1923.07
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
👑 Ideas For XAUUSD / GOLD
📈 GOLD → Trend correction after breaking trend support
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XAU after breaking trend support, forms a small correction and stops its fall around 1916. A trend bounce is forming and the price is testing an important resistance
Globally, gold is forming a global bearish price channel on the D1 chart, but on the dev timeframe we can also identify a sideways flat in the format of a symmetrical triangle. A breakthrough of one of the figura borders will form the strongest impulse to one side or the other.
Locally, on H1, the price may soon test not only the resistance level, but also one of the local highs marked by the red dot. At the moment we are considering a scenario of further decline from one of the mentioned resistance levels, as the price is forging and realizing a global bearish set-up - a decline after a false resistance of the descending channel.
Support levels: 1923.8, 1916
Resistance levels: 1926, 1932
I expect a retest of the resistance area before a further fall. The retest may be formed by a false breakout
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#XAUUSD 👑
〰️〰️〰️
New Signal⚠️
#GOLD Buy📈 at 1920.16
StopLoss❗️: 1916.00
Scalp trading:
Take Profit 1️⃣: 1924.14
Standard trading:
Take Profit 2️⃣: 1930.08
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
👑 Ideas For XAUUSD / GOLD
📈 GOLD → The scenario is confirmed. XAU turning red
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XAU is breaking support, MA50 & MA200 and is building momentum, making local lows along the way. Back in Sunday and the first two days of the new week, I talked about an impending fall from 1950. What happened? We see a 250 pip drop.
After the retest of 1926, a new bearish impulse is forming. The local resistance level is doing its job. It is not certain, but the price may return to 1926 or 1932 for a retest before a further fall.
On Sunday, at the global XAUUSD review I talked about an impending decline as the price is testing the resistance of the global descending channel. On the local timeframe, this is all confirmed. The market could define the following zones as local and global targets: 1916, 1903, 1885.
I expect the continuation of the fall both in short-term and long-term perspectives.
Moving averages demonstrate stopping and change of trend. A strong medium-term signal may be formed in the near future.
Support levels: 1916, 1914, 1903
Resistance levels: 1926, 1928, 1932
I expect a continuation of the fall based on the assumptions mentioned above and in earlier ideas.
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#XAUUSD 👑
New Signal⚠️
#GOLD Sell📉 at 1928.91
StopLoss❗️: 1933.00
Scalp trading:
Take Profit 1️⃣: 1924.75
Standard trading:
Take Profit 2️⃣: 1918.77
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
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