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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

👑 Ideas For XAUUSD / GOLD
📈 GOLD → Retest of the lower boundary of the range in a ↑ market
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#XAUUSD continues to correct, but at the moment there is nothing terrible, the price is directed to the support to retest the liquidity area

The continuation of the 1997 - 1964 consolidation on the gold market or the beginning of the correction may trigger the dollar, which most likely lost the influence of the NFP and is forming a pullback after the breakout of the range. If the dollar returns to the 105-107 range again, the market will continue to stand still. Either the dollar is still waiting for more influential news, such as rate related news, which may be hinted at by the Fed chief, who spoke twice this week. There is now an increased likelihood of monetary policy easing, which could weaken the dollar, but let's not jump to conclusions.

From the TA point of view: gold is directed to the area of 1964, where there is a huge pool of liquidity, the market can test this area before further breakout - standard trading strategy inside the range (buy at support, sell at resistance).

Support levels: 1964.4, 1961
Resistance levels: 1974

Gold is inside the range and the reaction of the price to the support, as well as the reaction of the dollar, will determine the further scenario in the market. In the long term, I expect growth after a false breakout of support.
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#XAUUSD 👑
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GOLD KING Signals 🤴♻️

👑 Ideas For XAUUSD / GOLD
📈 GOLD → Support Retest. What to expect from the market?
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#XAUUSD has been heading towards the support area since the opening of the session. Most likely the market is trying to collect the maximum possible volume of liquidity before further upward breakout. What should we expect from the market next?

The most important thing is that at the moment we have possible preconditions for the formation of a further scenario. The market took last week's speech of the Fed Chairman positively. Ogrim progress on the inflation issue. After a long accumulation of #DXY and price standing still, the active growth is stopped and the price is falling, which may have a positive impact on the gold market.

Technically, the metal is in a consolidation format and is testing the support area against the bullish trend. There is a high probability that the market may make a false breakdown of support before further growth. A price consolidation above the SMA will form a strong bullish potential

Support levels: 1978.7, 1984, channel boundary
Resistance levels: MA200, MA50

I assume that after retesting the support area gold will start its growth. Targets are indicated on the chart.
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#XAUUSD 👑

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

🚨Move the StopLoss to the Entry point (To the breakeven point)

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GOLD KING Signals 🤴♻️

Gold in moment😺: +31pips

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GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Buy📈 at 1989.15

StopLoss❗️: 1985.00

Scalp trading:
Take Profit 1️⃣: 1993.08
Standard trading:
Take Profit 2️⃣: 1999.21
— — — — —
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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GOLD KING Signals 🤴♻️

The First Take-Profit has been reached🎯💰: +42pips

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GOLD KING Signals 🤴♻️

🚨Close the order at the entry point (Breakeven)

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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 1988

StopLoss❗️: 1984

Scalp trading:
Take Profit 1️⃣: at 1992
Standart trading:
Take Profit 2️⃣: at 2000
Swing trading:
Take Profit 3️⃣: at 2008
— — — — —
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

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GOLD KING Signals 🤴♻️

The First Take-Profit has been reached🎯💰: +40 PIPS!

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GOLD KING Signals 🤴♻️

👑 Ideas For XAUUSD / GOLD
📈 GOLD → Support Breakthrough. Still consolidating
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#XAUUSD is breaking the price channel support. But actual, the price is still inside consolidation. The market calms down a bit after the strong excitement and goes into a state of waiting for news from the USA

Metal price temporarily detached from DXY on the background of strong interest, capital inflow related to the crisis. Now the market is stopping and forming correction, as the trend cannot continue permanently, the market should rest, gain volume and liquidity.
On the background of news, the price can go even lower, but again, if it will be positive news for the dollar. In this case, the correction of gold may continue to the area of 1975, which hides the volume of liquidity, as well as the target may be 1964 and even 1952. (These areas are interesting for big buyers).
I continue to wait for the continuation of growth, but before that the market may go down a bit (to remove from the market the unnecessary passengers, to collect liquidity and then continue the growth). The risk point that holds the market back from a more protracted decline is 1964.4-1953.6.

Support levels: 1978,68, 1974.7, 1964.4
Resistance levels: MA200, 1984.4, MA50

I assume that the price will continue consolidation for some time. Movement will be carried out from level to level. Against the background of the news we should expect a surge in volume and achievement of the local target
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#XAUUSD 👑
〰️〰️〰️

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Buy📈 at 1987.13

StopLoss❗️: 1983.00

Scalp trading:
Take Profit 1️⃣: 1991.17
Standard trading:
Take Profit 2️⃣: 1997.14
— — — — —
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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GOLD KING Signals 🤴♻️

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Make a plan, set some goals, and get ready to work towards them.

Remember, being disciplined and consistent is key for SUCCESS 🔑

The market is closed today, we'll be back trading on Monday. So stay tuned for another exciting week ahead. Let's do this together!
🥂

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

The First Take-Profit has been reached🎯💰: +51pips

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GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Sell📉 at 1999.51

StopLoss❗️: 2004.93

Scalp trading:
Take Profit 1️⃣: at 1994.75
Standart trading:
Take Profit 2️⃣: at 1987.7
Swing trading:
Take Profit 3️⃣: at 1965.5
— — — — —
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

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GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Sell📉 at 1984.78

StopLoss❗️: 1989.00

Scalp trading:
Take Profit 1️⃣: 1980.77
Standard trading:
Take Profit 2️⃣: 1974.70
— — — — —
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

Читать полностью…

GOLD KING Signals 🤴♻️

#GOLD Sell📉 at 1988

StopLoss❗️: 1992

Scalp trading:
Take Profit 1️⃣: at 1984
Standart trading:
Take Profit 2️⃣: at 1975
Swing trading:
Take Profit 3️⃣: at 1960
— — — — —
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

Читать полностью…

GOLD KING Signals 🤴♻️

🚨Close the order at the entry point (Breakeven)

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GOLD KING Signals 🤴♻️

👑 Ideas For XAUUSD / GOLD

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#
XAUUSD is strengthening on the back of a weakening dollar, which is not updating highs but forming a bounce off resistance, which is affecting gold. The market lacks resolve and so does Powell. The rate remains unchanged, the dollar is in consolidation and waiting for NFP

ADP Nonfarm E.C. and ISM Manufacturiong PMI come out with worse than expected data, which affects the result accordingly. The dollar tests the resistance of 107 and falls, which affects the gold - the price is shaken down and recovers again.
Initial Jobless Claims are published today. The market is waiting for this data, because it will be possible to predict the price behavior until the end of the week, and I remind you that we have NFP on Friday.
From the technical analysis point of view, a retest of the previously broken level is forming on D1. After the news, the market buyback the fall, thus forming a pin-bar against 1981.68, which gives us a bullish premise for possible growth. Against the bullish trend, every broken resistance will become a support sooner or later.
On the local timeframe, I expect price to strengthen from 1984.4 towards 1997, then towards 2008

Support levels: 1984.4
Resistance levels: 1997.3, 2005, 2008.7


Most likely, the growth may continue towards these targets, but before that, within the consolidation, there may be deep corrections and false breakdowns
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#XAUUSD 👑
〰️〰️〰️

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GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Buy📈 at 1983.09

StopLoss❗️: 1979.00

Scalp trading:
Take Profit 1️⃣: 1987.05
Standard trading:
Take Profit 2️⃣: 1993.08
— — — — —
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

Читать полностью…

GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Buy📈 at 1978.47

StopLoss❗️: 1974.17

Scalp trading:
Take Profit 1️⃣: at 1982.08
Standart trading:
Take Profit 2️⃣: at 1990.18
Swing trading:
Take Profit 3️⃣: at 1998.16
— — — — —
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

Читать полностью…
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