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Читать полностью…👑 Ideas For XAUUSD / GOLD
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GOLD on the background of dollar correction is strengthening to the resistance of the bearish channel, which was formed on the background of sell-offs. Ahead of strong news, on the background of which the price may reach the liquidity zone before further decline
On the high timeframe, a false breakdown of support is formed, liquidity gathering and after consolidation the price is heading towards the liquidity above. In general, the correction phase is not over yet. A sideways range may form within the price movement, but there is a high probability that the price on the background of CPI news will reach the channel resistance and form a bounce down.
The global trend is bullish, the local trend is bearish. Fundamental background is neutral (for the moment).
Resistance levels: 2344, 2359, 2365
Support levels: 2328, 2305
Buyers and sellers are dividing the price field between them. As gold stops and stabilizes, the price starts to pay attention to the dollar and the news. CPI is ahead which could increase volatility.
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#XAUUSD 👑
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#GOLD Sell📉 at 2346
StopLoss❗️: 2350
Scalp trading:
Take Profit 1️⃣: at 2342
Standart trading:
Take Profit 2️⃣: at 2326
Swing trading:
Take Profit 3️⃣: at 2308
#GOLD Sell📉 at 2330
StopLoss❗️: 2334
Scalp trading:
Take Profit 1️⃣: at 2326
Standart trading:
Take Profit 2️⃣: at 2314
Swing trading:
Take Profit 3️⃣: at 2281
New Signal⚠️
#GOLD Buy-limit 📈 at 2320.19
StopLoss❗️: 2315.95
Scalp trading:
Take Profit 1️⃣: at 2325.97
Standart trading:
Take Profit 2️⃣: at 2337.80
Swing trading:
Take Profit 3️⃣: at 2345.87
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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
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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#GOLD Sell📉 at 2323
StopLoss❗️: 2327
Scalp trading:
Take Profit 1️⃣: at 2318
Standart trading:
Take Profit 2️⃣: at 2306
Swing trading:
Take Profit 3️⃣: at 2290
#GOLD Sell📉 at 2323
StopLoss❗️: 2327
Scalp trading:
Take Profit 1️⃣: at 2318
Standart trading:
Take Profit 2️⃣: at 2306
Swing trading:
Take Profit 3️⃣: at 2290
👑 Ideas For XAUUSD / GOLD
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GOLD is is forming a sideways range and continues to test a strong resistance area. Bulls and bears continue to fight and still cannot share a strong area. Possible shake-up
Gold is in the active phase of the correction, which started as early as last Friday and we were ready for it. The price is already down 5.7% from the high and most likely this is not the limit. A descending price channel starts to appear on H1, which generally determines the medium-term outlook for us.
Below the zone of 2330 a range is formed with the purpose of accumulation of potential. At the same time the price is testing resistance and there may be a shakeout or price entry into deeper liquidity areas with the purpose of further decline.
Resistance levels: 2330, 2355, 2365
Support levels: 2305, 2290, 2267
The liquidity area on the resistance side may be tested with the aim of further decline, as the market is currently in a downward correction phase.
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#XAUUSD 👑
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