New Signal⚠️
#GOLD Sell📉 at 2029.93
StopLoss❗️: 2034.00
Scalp trading:
Take Profit 1️⃣: 2025.77
Standard trading:
Take Profit 2️⃣: 2019.90
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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
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GOLD on high timeframes continues to form a sideways movement, but at the same time is in the selling zone. The market is still under pressure from the negative fundamental background.
Gold is in panic zone on H1. The price is trying to go outside the descending channel while the US market is resting. Technically, the MarketMaker has an interest to rise to the area of 2029, as there is a rather large pool of liquidity hiding there. On the background of a possible strong distribution may form a retest of resistance in the format of a false breakdown, which would mark a further decline from 2029 to 2020-2016.
BUT, consolidation above 2029 will give confirmation of local trend change within the global flat.
Resistance levels: 2023, 2029, 2037
Support levels: 2020, 2016, 2010
A rise towards 2029 may soon follow, a quick move up will allow to reach the liquidity area. But because of this distribution we have a high chance to see a false breakdown of 2029 with further decline to support
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#XAUUSD 👑
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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
📈
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GOLD is testing 2030 and forming a false breakdown. Today the market is waiting for news from the FOMC, where they are likely to discuss inflation, interest rate and may make some statements. At this time the metal price is forming the range of 2030 - 2016
Globally, gold is flat as investors are confused by the US market regulators. But, interest in the metal is still high from the Central Bank, at the same time the GOLD-ETF is caught up in a wave of sell-offs due to the Fed's sharp statement last week about a possible interest rate cut in summer instead of spring.
Technically, gold may head towards 2020, 2016 support from resistance. But, at the time of news, the price may test 2029 and 2037 before further correction to these targets.
Resistance levels: 2029, 2037
Support levels: 2020, 2016, 2004
The market is neutral and the price is moving between strong levels. Most likely, on the background of the FOMC speech, the price may again form a bearish correction after the resistance retest.
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#XAUUSD 👑
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New Signal⚠️
#GOLD Buy📈 at 2028.06
StopLoss❗️: 2024.49
Scalp trading:
Take Profit 1️⃣: at 2033.29
Standart trading:
Take Profit 2️⃣: at 2040.18
Swing trading:
Take Profit 3️⃣: at 2056.33
— — — — —
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 2028.41
StopLoss❗️: 2024.24
Scalp trading:
Take Profit 1️⃣: at 2033.19
Standart trading:
Take Profit 2️⃣: at 2040.39
Swing trading:
Take Profit 3️⃣: at 2056.41
— — — — —
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
#GOLD Buy📈 at 2020
StopLoss❗️: 2016
Scalp trading:
Take Profit 1️⃣: at 2024
Standart trading:
Take Profit 2️⃣: at 2032
Swing trading:
Take Profit 3️⃣: at 2039
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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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