XAUUSD Technical Analysis

Posts: 82 · #46 - September 27, 2019, 08:38:55 AM

Indicator SMA 5 intersects SMA10 from the top down. Stochastic indicator is heading down and has not reached the area of 20 and the RSI depends on below the level 50.

With the data provided by this indicator I assume the price will continue to rise and take a sell position is the best choice and TP position in 1469.30

Posts: 23 · #47 - September 30, 2019, 04:09:53 PM

Gold fell amazingly, today from 1496 prices down to 1465 it is clear this is bearish due to the correction of the previous month.

From the picture I gave, it looks like support can hold this bearish movement at the price of 1455 here will be a turning point to continue the Bullish GOLD Trend again.

Posts: 4 · #48 - October 06, 2019, 10:16:12 AM

Gold has completed its corrective structure. Now it is looking for up move as it has finished its first move to up side and making short correction that could be the entry point for up move. So, it could break last high or even more. Trade gold with great care as it is very dangerous pair relative to currency pairs. Always use good risk management and money management to hunt more profit.

Posts: 116 · #49 - October 11, 2019, 11:58:43 PM

GOLD / USD
ANALYSIS XAU / USD is experiencing a Bearish trend phase.
Last week's price from 1516 jumped to 1479.
It is now at 1488 below the Moving Average H4.
I observe that the XAU / USD chart will continue to decline currently due to several bearish indicator signals.
From the market conditions and indicators above we can for SELL next week with a target of
1464 target 1.
1450 for target 2.

Posts: 21 · #50 - October 13, 2019, 12:53:42 PM

Xau / usd sort
analysis H1 is a small time frame, this is a sufficient resistance point to determine whether Gold will fly or not, whether the point 1498 in Translucency is likely to fly or vice versa.
this point is not broken the possibility of price will return to the support area.

Posts: 13 · #51 - October 16, 2019, 12:50:41 AM

Although yesterday Gold has decreased, but actually gold is still safe in the bullish zone given the trend in TF D1, added the support area of 1475 has not been touched again and prices have returned to rise.

Posts: 67 · #52 - October 20, 2019, 01:18:03 AM

XAU/USD The resistance level is always declining then the trend is indeed beary because ma 20 has cut ma 50 downwards and is still very stressful so the potential for beary is still very large.

StochRSI indicator is in neutral territory and seems to have started to go down, so looking at the condition of the chart on the TF Daily I am still very sure the price will be lined up for the next few days with the first target located at the nearest support at the pink point then if broken it will continue at the support below again at the red line around the price of 1402.53,

so that I can convey hopefully there are benefits thank you ..

Posts: 198 · #53 - October 23, 2019, 10:20:11 AM

#GOLD Gold cannot break a small support line, but the trend remains falling, and we are in a downward channel .
I predict a rise to the resistance line of the falling channel at about 1497, after which I expect a fall to the level 1474.

Posts: 198 · #54 - October 25, 2019, 05:40:55 AM

#GOLD
Gold broke the resistance line and I expect growth to the level of 1510 after which there will be a fall to the level of 1497

Posts: 198 · #55 - October 28, 2019, 04:05:06 AM

#GOLD
After the fake interference level 1510, I only looked for sales that had power.
If the price returns to the level of 1510, I sell with the target to the level of 1497, with an estimated strong bearish trend.

Posts: 24 · #56 - October 28, 2019, 07:29:09 AM

For XAUUSD analysis, you can wait for the buy area in the black block 1492.
Make a buy limit in stages and can do HOLD for the next 1 week until the target of 1530

Posts: 1215 · Screenshot_2019-10-29-07-44-06.png

On the occasion of this morning on Tuesday, there are some economic news that will be released in the European session, namely pendig home sale which is expected to rise 0.1%, especially for Pair Gold seen on TF H4 will be confirmed Bullish movements, from EMA50_100 & 200. Vote Buy Gold with a target of 20-50 pips.

Posts: 165 · #58 - November 04, 2019, 02:56:45 AM

As seen from the technical side, the 1508 area which is the level of the moving average 50 indicator on the 1 hour chart will be the first support level. As long as prices are still moving above that level, the price of gold has the potential to move up to test the resistance level at 1518. Breaking up from that level then the price potentially rises further to the level of 1523 before targeting a strong resistance at 1530. Meanwhile, if it breaks below the 1508 level, the price of gold has the potential to move down to the level of 1503, breaking down from that level the price has the potential to fall back to test the strong support level at 1498 which is a 200 moving average indicator level.

Posts: 112 · #59 - November 05, 2019, 02:31:07 PM

XAUUSD analysis.
at night gold is under very strong SELL pressure, resulting in a bearish trend that is starting to occur.
If the price breaks the H1 trend line that I have made, and closes below the price of 1488 then gold will continue to fall and the bearish trend will get stronger.
If the trend line area survives and becomes support then do BUY and TP in the MA area.

Posts: 9575 · #60 - November 06, 2019, 02:03:33 AM

Today's main scenario is still trying to open a SELL position. Note the support zone 1471.13 which will be the reference for this entry. That way, you can open short positions if you find a confirmed breakout signal and candle around that price. Stop Loss can be placed at the level of 1491.89, while Take Profit can be placed up to the level of 1442.27. As an alternative scenario, the 1491.89 resistance zone can be used as a BUY entry reference. That way, traders can also prepare long positions around that area, shortly after finding a confirmed breakout signal. Stop Loss can be placed at the level of 1471.13, while Take Profit is placed up to 1512.32.