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Читать полностью…👑 Ideas For XAUUSD / GOLD
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Gold on Thursday is buying back some of the decline after bouncing off support. The market is under selling pressure and strong ETF selloffs are contributing to the downtrend
Price is testing strong resistance that was broken on inflation related news. But the fall is being redeemed on the back of lower than expected Initial Jobless Claims, the dollar index seems to be forming a small rebound on the strengthening.
Technically, as gold is forming a correction to resistance, this key resistance could be 2004, 2009. A false breakdown and retest of this area could form the potential for further declines, as the generally negative fundamental background for gold remains.
Resistance levels: 2004, 2009
Support levels: 2000, 1998, 1990, 1986
On the background of correction, the price may test the resistance before further decline, as it is the decline that should be considered at the moment on the background of the downtrend
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#XAUUSD 👑
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New Signal⚠️
#GOLD Sell📉 at 2005.68
StopLoss❗️: 2009.77
Scalp trading:
Take Profit 1️⃣: at 2003.77
Standart trading:
Take Profit 2️⃣: at 1993.84
Swing trading:
Take Profit 3️⃣: at 1989.6
— — — — —
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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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 Buy📈 at 1996.18
StopLoss❗️: 1992.41
Scalp trading:
Take Profit 1️⃣: at 2003.24
Standart trading:
Take Profit 2️⃣: at 2009.09
Swing trading:
Take Profit 3️⃣: at 2028.19
— — — — —
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 is moving into a consolidation phase after a phase of strong sell-offs. The probable reason could be the news that the market is waiting for. What can happen in the market?
The general fundamental background for gold is negative, therefore, it is worth considering further prospects downward. Technically, a descending channel is beginning to form on the chart, but the price is already forming a rebound from the trend support, confirming the presence of the channel boundary. As the news is ahead, before the fundamental data update, the gold market may test one of the key resistances to capture liquidity. Such target may be MA-50, 1998, or the boundary of the range 2000-2004. And the target on the background of the bearish trend may be the area of 1980 - 1976
Support levels: 1990
Resistance levels: MA-50, 1998, 2000, 2004
Traders are waiting for the news, analysts are generally expecting bearish numbers, but something tells us that the current US policy will not allow strong bearish data. Technically the trend is bearish and after the rally, the price may test the sellers' liquidity zones before falling further
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#XAUUSD 👑
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New Signal⚠️
#GOLD Sell📉 at 1991.65
StopLoss❗️: 1995.91
Scalp trading:
Take Profit 1️⃣: at 1987.77
Standart trading:
Take Profit 2️⃣: at 1979.91
Swing trading:
Take Profit 3️⃣: at 1968.93
— — — — —
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 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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