New Signal⚠️
#GOLD Sell📉 at 1993
StopLoss❗️: 1999
Scalp trading:
Take Profit 1️⃣: at 1987
Standart trading:
Take Profit 2️⃣: at 1975
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Be sure to use a stop loss❗️
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👑 Ideas For XAUUSD / GOLD
📈 GOLD → Beginning of correction, possible test of support
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The 1984 level still plays an important role for the market. At the moment the price is in the range of 2004-1993-1984. Since today's retest failed to update the high, the price is forming a correction. The market is aiming to test the nearest support. We highlight several most important scenarios regarding the overall situation
The main sense of which is either consolidation or retest of resistance after a small correction. But in the long term, I expect a breakout of the local resistance and the direction of further growth towards the global targets.
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#XAUUSD 👑
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XAUUSD UPDATE ✅✅
35+ pips sniper entry smashing near to tp1 close half lot now move sl at entry point ✅🤑🔥
👑 Ideas For XAUUSD / GOLD
📈 GOLD → The price is still in a range. What to expect next?
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#XAUUSD has presented itself perfectly since the beginning of this week. The local correction ends in the area of 1970 and 0.618 fibo, which we expected. Next, the market recovery and a retest of the key resistance at 1993 is taking shape
After an excellent bullish maneuver and a retest of 1993 in the format of a false breakout, a correction is formed. Most likely this movement is formed on the background of waiting for FOMC Meeting Minutes, which will take place at 19:00 GMT.
There is a high probability that Powell will try to strengthen the currency, which may affect the gold as a short-term decline, but again this is just our guess.
From the technical analysis point of view: Gold is forming a false breakout relative to 1993, now we see the beginning of a correction, which may weaken the price to 1985, 0.5 Fibo or even 1974 before a further rise. This maneuver is quite logical, as gold continues to form a consolidation within the global range 1993 - 1964. However, the asset still looks very strong and ready to overcome the resistance and continue rising in the medium term
Support levels: 1985, 0.5 fibo, 1974, 1964
Resistance levels: 1993.5, 2000
I expect a small correction to the above levels on the background of waiting for news. But after the correction I will wait for the continuation of growth, because the global trend in gold is bullish.
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#XAUUSD 👑
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Читать полностью…New Signal⚠️
#GOLD Sell📉 at 1974.76
StopLoss❗️: 1979.00
Scalp trading:
Take Profit 1️⃣: 1970.89
Standard trading:
Take Profit 2️⃣: 1964.94
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Be sure to use a stop loss❗️
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You can do:
Move the SL to entry after reaching TP1
Close part/all of the order at TP1
New Signal⚠️
#GOLD Sell📉 at 1978.67
StopLoss❗️: 1982.76
Scalp trading:
Take Profit 1️⃣: at 1974.53
Standart trading:
Take Profit 2️⃣: at 1964.68
Swing trading:
Take Profit 3️⃣: at 1951.92
— — — — —
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 resumes strong rally again, the reason for this is the weakening of the dollar index based on the fundamental background. Target for gold 1993-1996.
On the high timeframe we can see that the gold price is recovering strongly and overcoming one of the important levels of 1984. The area of 2009 may serve as a medium-term target for such a maneuver. The rise in gold is linked to the weakening of the #DXY, which is forming one of the strongest declines in recent times.
Support levels: 1986, 1984
Resistance levels: 1993, 1996
Gold is attracting investments on the background of increased interest. The volumes are increasing and the growth will continue in the medium term. At the moment we are interested in the area of 1993 and 1996, the retest of this zone will show further mood, but in the long term I expect a correction before further growth to 2000-2010
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#XAUUSD 👑
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👑 Ideas For XAUUSD / GOLD
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The #DXY on W1 is in a range, after a false breakdown of resistance the asset is heading towards support, the fundamentals support this decline.
#XAUUSD on the other hand in its case is headed for a test of its range, the key level at the moment is 2010.
Earlier, the price consolidated above the key support 1984, against which there was a struggle for several weeks, and also, the micro rally is triggered by the consolidation above 1993.
The market is strong and on the background of the bullish trend is actively capturing important resistance levels.
From the beginning of the opening trading session the local resistance at 2003.6 plays an important role, if this area is broken, the price will head towards 2010, then we should expect the price reaction to this area. The market is in the phase of realization of the bullish potential after the formation of a reversal set-up, bounce from the global trend support and false breakdown of MA200. The breakout of 2010, test of 2025 - 2048 may become the target of such realization.
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#XAUUSD 👑
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XAUUSD H-1 ANALYSIS
After tapping into M-15 demand market created liquidity at the same zoon
According to H-1 analysis and personal experience market looking to push down towards the H-1 demand , with that it will take IDM for H-1 structure and collect all sell side liquidity
If market will push to the ground it will break the level @ 1984 for sure
We have un-mitigated supply zoon from 1996 to 1999 , if we will see that zoon we can more sell to collect extra income ..
BEST OF LUCK EVERYONE !
👑 Ideas For XAUUSD / GOLD
📈 GOLD → Support retest and low volatility is expected
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#XAUUSD may be low-volatility on Thursday (today) and form a narrow range as it is Thanksgiving Day in the US and in Canada, which I would like to congratulate the people of these two countries!!! 🎉
Moving on to gold: The market continues to test the 1984 area. False breakdowns, prolonged trading in this area indicates that buyers and sellers are fighting for this area. A prolonged consolidation of the price above 1984 will form a bullish potential, which will indicate medium-term prospects for us.
The #DXY will stand still today, which will affect the forex market accordingly.
Gold makes a false break of the local support 1994 and bounces from 0.5 fibo, but the important liquidity area has not been tested yet. It is likely that the dollar may continue to strengthen slightly on Friday, while gold may go lower to 1984 or trend support, but the fundamental background is still on the side of gold and we are still waiting for the continuation of the rise.
Support levels: 1993, 0.5 fibo, 1984
Resistance levels: 1998, 0.236 fibo
Today the price will trade within the narrow range of 1998 - 1993, 1990. A range trading strategy can be used for trading.
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#XAUUSD 👑
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👑 Ideas For XAUUSD / GOLD
📈 GOLD → Beginning of correction, possible test of support
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#XAUUSD forms another micro rally on Tuesday. On Wednesday, the price tries to test the high but fails to reach the area amid a strengthening DXY ahead of the news.
Several important news are published today, I am interested in Initial Jobless Claims - as one of the inflation indicators. Analysts expect a slight improvement in this indicator, which may strengthen the dollar in the short term. But as we remember, the last 3 times the data was worse than the previous one. If they are better than expected, gold will show a slight correction and vice versa.
From the last FOMC meeting: Fed members are not ready to cut the rate yet, but there is a high probability that they will not raise it again
From a TA: Gold looks quite strong despite the indicators data, we are judging on a fundamental basis. High interest, weakening dollar and geopolitical basis suggest further price growth.
Support levels: 0.236 fibo, 1993, 0.382 fibo, 1984
Resistance levels: 2000-2004
I am expecting a correction and news data that may determine the short to medium term outlook. I still see gold as an asset that can strengthen its price in the near term.
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#XAUUSD 👑
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Brief overview and determination of FOREX direction
1) #EURUSD 🇪🇺/🇺🇸 - LONG 📈
The bullish leverage is based on fundamentals. The weakening dollar is yielding to the Euro. The price growth will continue after consolidation above 1.08874 or at retest of 1.08315
2) #GBPUSD 🇬🇧/🇺🇸 - LONG 📈
The market changes direction, the price breaks through 1.24454, the subsequent consolidation of the price above this level will form a signal and a bullish potential
3) #USDJPY 🇺🇸/🇯🇵 - SHORT 📉
The Japanese continue to make attempts to strengthen the national currency, the weakening of the dollar is to their advantage. Consolidation below 149.7 will form a retest of the support, which will lead to a fall.
4) #NZDUSD 🇳🇿/🇺🇸 - LONG 📈
The market is going to grow, but still in the consolidation phase.
The price consolidation above 0.5985 may help to break through 0.60486 and further growth.
5) #USDCHF 🇺🇸/🇨🇭 - SHORT 📉
The currency pair is weakening on the background of DXY decline. A retest of 0.88324 will form a chance to break the support and further fall, which I am waiting for.
6) #USDCAD 🇺🇸/🇨🇦 - SHORT 📉
consolidation in the format of a symmetrical triangle, but strong resistance appears on the market, which does not let the price up.I am waiting for a breakout of 1.3694 and a fall.
7) #XAUUSD 👑 - LONG 📈
I suggest you read again the previously written analysis. the gold market may rise on a breakout of 1984.
8) #DXY 💲 (Dollar) - SHORT 📉
Fundamentally, the dollar is ready to decline, which will have a corresponding effect on the forex market.
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@GOLD_KING_SUPPORT ✅️