👑 Ideas For XAUUSD / GOLD
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GOLD is leaving the range. It happened. Tuesday's news defines the medium-term outlook for the market and, amid selling pressure, the price reaches targets below 2000
Today we have no news, the fundamental background remains the same - negative for gold. The chart above clearly shows that the price is coming out of the consolidation phase and the uptrend. The strong support area is broken, and the closing of the daily candle on Tuesday defines the local boundary at 1990, if it is broken, the decline will continue.
Actual targets at the moment are 1980 - 1976. A strong enough liquidity zone that beckons this wave of momentum.
After the inflation report, the dollar continues to rise, and the markets are now betting that the Fed will not cut rates before June, which is a negative leverage for the forex, including the XAU.
Resistance levels: 1993, 1997, 2000, 2004
Support levels: 1990, 1980, 1976
1990 plays a key role. There may be a correction or multiple retests before the breakout. But a pre-breakout consolidation or consolidation below 1990 may start further sell-offs towards 1980
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#XAUUSD 👑
New Signal⚠️
#GOLD Buy📈 at 2006.46
StopLoss❗️: 2001.49
Scalp trading:
Take Profit 1️⃣: at 2013.44
Standart trading:
Take Profit 2️⃣: at 2022.32
Swing trading:
Take Profit 3️⃣: at 2029.41
— — — — —
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 Sell📉 at 2024.84
StopLoss❗️: 2028.75
Scalp trading:
Take Profit 1️⃣: at 2019.77
Standart trading:
Take Profit 2️⃣: at 2000.67
Swing trading:
Take Profit 3️⃣: at 1991.94
— — — — —
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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Читать полностью…New Signal⚠️
#GOLD Sell📉 at 2031.64
StopLoss❗️: 2035.87
Scalp trading:
Take Profit 1️⃣: at 2027.61
Standart trading:
Take Profit 2️⃣: at 2019.7
Swing trading:
Take Profit 3️⃣: at 2005.9
— — — — —
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 → The calm (consolidation) before the storm ⚡︎
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GOLD closes Wednesday's session with a minimal range of motion. The market is getting tighter and tighter every day, volatility as well as volumes are decreasing. The calm before the storm.
Gold makes a false break of the resistance area 2039-2042 and forms a consolidation in a narrow range in the phase of waiting for news. Technically, the market continues to stand still. On D1 there is a global flat, but the borders of a symmetrical triangle are present, volatility is decreasing and the range is narrowing. It is interesting that trading volumes are decreasing, but the profile shows a different situation. The market is consolidating liquidity, because at the moment investors do not know what to expect and in the medium term they are aiming to hear some news about the interest rate reduction.
Resistance levels: 2039, 2042, 2048
Support levels: 2029, 2016, 2004
There is a chance to see bullish news for the dollar today, which could negatively, within a range, affect gold. But, before a possible fall, the price of the metal may test the resistance
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#XAUUSD 👑
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New Signal⚠️
#GOLD Sell📉 at 2015.78
StopLoss❗️: 2019.8
Scalp trading:
Take Profit 1️⃣: at 2011.93
Standart trading:
Take Profit 2️⃣: at 2000.86
Swing trading:
Take Profit 3️⃣: at 1991.51
— — — — —
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 Sell📉 at 2025.9
StopLoss❗️: 2029.75
Scalp trading:
Take Profit 1️⃣: at 2021.65
Standart trading:
Take Profit 2️⃣: at 2000.56
Swing trading:
Take Profit 3️⃣: at 1991.81
— — — — —
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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Читать полностью…New Signal⚠️
#GOLD Sell📉 at 2024.83
StopLoss❗️: 2029.00
Scalp trading:
Take Profit 1️⃣: 2020.90
Standard trading:
Take Profit 2️⃣: 2014.75
— — — — —
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 Sell📉 at 2037.56
StopLoss❗️: 2041.73
Scalp trading:
Take Profit 1️⃣: at 2033.83
Standart trading:
Take Profit 2️⃣: at 2019.76
Swing trading:
Take Profit 3️⃣: at 2005.57
— — — — —
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