New Signal⚠️
#GOLD Buy📈 at 2065.37
StopLoss❗️: 2061.44
Scalp trading:
Take Profit 1️⃣: at 2069.45
Standart trading:
Take Profit 2️⃣: at 2080.16
Swing trading:
Take Profit 3️⃣: at 2096.24
— — — — —
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 2043.10
StopLoss❗️: 2039.00
Scalp trading:
Take Profit 1️⃣: 2047.10
Standard trading:
Take Profit 2️⃣: 2053.25
— — — — —
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 2040.29
StopLoss❗️: 2036.00
Scalp trading:
Take Profit 1️⃣: 2044.13
Standard trading:
Take Profit 2️⃣: 2050.22
— — — — —
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
#XAUUSD is forming another range of 2050 - 2038. Retest of resistance failed to renew the maximum, thus the market may begin to form a correction to support.
The #DXY has been strengthening since yesterday on the back of positive US GDP data. The expectation was 4.9, the actual data: 5.2, which is positive for the dollar.
But the controversial situation here is that a more positive GDP has a greater impact not on the pricing of the dollar, but on the Fed's stance. Hence, with bullish data, Powell is getting closer to initiating policy easing and rate cuts.
Since gold is in a range and already testing the support at 2038, it seems that the correction phase can be stopped either at this level or test areas lower, for example: 0.382 fibo, 2035, 0.5 fibo or global trend support.
A strong rally ends with a correction and it is hard to say where this correction will stop.
Support levels: 2037.7, 2035, 2030, 2022
Resistance levels: 2050, 2052, 2059
There are important news today, it is worth paying attention to the Initial Jobless Claims, even relatively good news for the dollar (related to inflation) can weaken its price, as the market is waiting for news related to monetary policy.
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#XAUUSD 👑
False breakout after correction leads to growth.
It is still difficult to say whether the price will head towards the top or form consolidation.
continue to Follow the price
All eyes on the specified area, 1938.28 to 1937.65.
Two scenarios are possible:
1) False breakout, consolidation above 2038. The price may test the level again and if it does not renew the minimum and the subsequent consolidation above the level will give an opportunity to open a buy trade.
2) Consolidation below the level. Possible retest of resistance from below. But, consolidation on the low timeframe below the level may also give the potential for correction to 2022.
New Signal⚠️
#GOLD Buy📈 at 2013.33
StopLoss❗️: 2009.14
Scalp trading:
Take Profit 1️⃣: at 2018.07
Standart trading:
Take Profit 2️⃣: at 2025.13
Swing trading:
Take Profit 3️⃣: at 2038.07
— — — — —
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
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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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👑 Ideas For XAUUSD / GOLD
📈 GOLD → Global Highs Update. What's next?
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XAUUSD on the back of the residual potential from last week, is forming a rally from the opening session and testing a new global high of 2150, after which we saw the strongest sell-off
Yesterday we looked at what could happen in gold. But no one expected an update of the highs to 2150. In any case a conglomeration of factors is important for us:
1) Retest of global range resistance (W1, M1) Area 2069-2070.
2) Huge sell-off after the retest of 2150. The market sold off all the upside.
3) Distribution since early November.
4) No potential, no energy and no volume. Update high was on no volume, on the back of hyped up price (pure market manipulation)
Most likely, after the market calms down after this burst of activity, price will start testing the 2070-2069 area. I still stick to my scenario - false breakdown and further correction.
Key level: 2069.8 - 2070.
Support levels: 2059.65, 2049,6, 2035.3
It is important to wait for the market to calm down. A calm market may show a clearer picture for further prospects. We are waiting for a correction.
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#XAUUSD 👑
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New Signal⚠️
#GOLD Buy📈 at 2039.06
StopLoss❗️: 2035.00
Scalp trading:
Take Profit 1️⃣: 2043.14
Standard trading:
Take Profit 2️⃣: 2049.23
— — — — —
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
#GOLD Buy📈 at 2042
StopLoss❗️: 2038
Scalp trading:
Take Profit 1️⃣: at 2046
Standart trading:
Take Profit 2️⃣: at 2055
Swing trading:
Take Profit 3️⃣: at 2068
Close part of the buy from the 2038 level
The First Target has been reached🎯💰: +40 PIPS!
Move the stop loss to the entry point
New Signal⚠️
#GOLD Buy📈 at 2016.22
StopLoss❗️: 2012.27
Scalp trading:
Take Profit 1️⃣: at 2022.13
Standart trading:
Take Profit 2️⃣: at 2029.4
Swing trading:
Take Profit 3️⃣: at 2042.45
— — — — —
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