#GOLD Buy📈 at 2369
StopLoss❗️: 2365
Scalp trading:
Take Profit 1️⃣: at 2373
Standart trading:
Take Profit 2️⃣: at 2385
Swing trading:
Take Profit 3️⃣: at 2398
👑 Ideas For XAUUSD / GOLD
📈 GOLD → From rally to consolidation. Rest before NFP...
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GOLD strengthens on the back of Powell's comments. Light positive notes lead to DXY sell-off and a small rally of XAU to 2364. Today is a day off in the US and tomorrow is NFP.....
It's a day off in the US and there is no liquidity. There may be high volatility during trading, but the movements may be weak. Locally, the price is testing resistance and liquidity area. Within a strong distribution there are not many chances to break through the mentioned area. Most likely the formation of a correction, and local bearish patterns appear on the chart, which may lead to a correction in order to gather energy before tomorrow's NFP.
Resistance levels: 2364, 2375
Support levels: 2353, 2341
Technically, a false breakout after distribution is forming. There is no potential to go up now. High probability of correction or consolidation.
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#XAUUSD 👑
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New Signal⚠️
#GOLD Buy-limit📈 at 2342.05
StopLoss❗️: 2337.98
Scalp trading:
Take Profit 1️⃣: at 2345.96
Standart trading:
Take Profit 2️⃣: at 2353.89
Swing trading:
Take Profit 3️⃣: at 2372.46
— — — — —
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 2328.44
StopLoss❗️: 2324.28
Scalp trading:
Take Profit 1️⃣: at 2332.17
Standart trading:
Take Profit 2️⃣: at 2340.47
Swing trading:
Take Profit 3️⃣: at 2363.43
— — — — —
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 2328
StopLoss❗️: 2324
Scalp trading:
Take Profit 1️⃣: at 2332
Standart trading:
Take Profit 2️⃣: at 2342
Swing trading:
Take Profit 3️⃣: at 2363
#GOLD Sell📉 at 2320
StopLoss❗️: 2324
Scalp trading:
Take Profit 1️⃣: at 2316
Standart trading:
Take Profit 2️⃣: at 2304
Swing trading:
Take Profit 3️⃣: at 2290
#GOLD Buy📈 at 2324
StopLoss❗️: 2320
Scalp trading:
Take Profit 1️⃣: at 2328
Standart trading:
Take Profit 2️⃣: at 2338
Swing trading:
Take Profit 3️⃣: at 2346
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@GOLD_KING_SUPPORT ✅️
@GOLD_KING_SUPPORT ✅️
#GOLD Buy📈 at 2349
StopLoss❗️: 2345
Scalp trading:
Take Profit 1️⃣: at 2354
Standart trading:
Take Profit 2️⃣: at 2364
Swing trading:
Take Profit 3️⃣: at 2380
Oh, what a day today is going to be.....
The news will be published in a cascade 15-30-60 minutes apart.
Be careful 😉
#GOLD Sell📉 at 2316
StopLoss❗️: 2320
Scalp trading:
Take Profit 1️⃣: at 2312
Standart trading:
Take Profit 2️⃣: at 2300
Swing trading:
Take Profit 3️⃣: at 2290
👑 Ideas For XAUUSD / GOLD
📈 GOLD → Trading inside the range. 2340 zone of interest
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GOLD is not preparing to leave the local ascending channel (the nature of the channel is corrective-consolidation), as traders do not seek premature action before the news
The U.S. market is facing another problem: slowing economic growth and rising inflation is leading to recession, no matter how much the authorities deny it. Accordingly, the phase of active currency support may continue and this may have a negative impact on the metal price. Today CB Consumer Confidence - the indicator can give some idea about the mood on the market, but in general traders are waiting for the US GDP, which will be published on Thursday. Neutral data is expected, but there is a high probability that the actual data will be different from the expected...
Resistance levels: 2341, 2354
Support levels: 2326, 2315, 2305
The general mood is neutral, the big players are not in a hurry to act and are consolidating. Technically, gold may strengthen to 2340 (area of interest and liquidity) within the range. The bulls may stop the micro rally and turn the price to the support, if the market maker is not enough, the price may strengthen to 2354 before coming back down
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#XAUUSD 👑
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👑 Ideas For XAUUSD / GOLD
📈 GOLD → Correction after the rally. Bears still dominate
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GOLD has been strengthening since the opening of the session, buyers are trying to hold the defense above 2325 and redeem part of Friday's fall. Fundamental background remains negative
The price consolidation above the strong support at 2326 opens the range for maneuvering and may allow traders to strengthen to 2341 (2354) - the area of interest, the target of such maneuvering may be the liquidity inside the range, formed within Friday's rally by those who tried to catch the departing train. If 2341 will be confirmed and the bears will not let the price go beyond its limits, the market may go into the sell-off phase again.
Investors this week are interested in GDP and PCE, which are released in the second half of the week, the first half of the trading week may be relatively quiet.
Resistance levels: 2341, 2354
Support levels: 2325, 2315, channel support
I expect the correction to continue to the area of liquidity and interest. A major player may gather the rest of the potential before further movement in one direction or the other. Watch the price reaction to the level of 2341, which may determine either a fall or further growth to 2354.
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#XAUUSD 👑
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