Goldusdlong
$Gold #XAUUSD #GOLD Buy Setup 4H TF.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This is gonna be "painful" for DXY so.. If u r not buying gold or btc or eur.. Go home please.
Gold buy entry point, 7-8 hours trade MAX.
Here we have our 3 Moving Averages inside the candlestick, with the Ichimoku convergence line crossing the base line, all while RSI goes from below 50 to over 50. This shows a bullish short-term trend since we are on the hourly chart. Personally opened a buy position at 1738.7, trade duration: 7-8 hours max.
TP1: 1744
TP2: 1749.8
SL: 1734.85
This is my own analysis, please do share your insights.
XAUUSD is a strong BUY! BUY AS LOW AS YOU CAN! XAUUSD breaks out at this current price. There is a big possibility that in the next few days to come, it will go above 1970-2000.
It can still go back if it will play inside the box. But like what I said, XAUUSD is a clear BUY LONG TERM but you can SELL short term.
My weekend analysis of Gold - XAUUSDMy weekend analysis of Gold - XAUUSD
It appears that the bullish sentiment is still intact after price has respected the 1900 - 1925 support area.
Price is now breaking past the 1935 weekly Support/Resistance area and appears to be having a strong push towards the 1950 - 1965 area.
We will see what happens this week but I will be on the lookout for bullish setups.
Let me know your thoughts and comments below!
Have a great weekend 😀
People who sell Gold are either Amateurs or do not know anythingBuying at much more lower price again. Last night I called buying at 1928 and it goesup to 1940+ which hits my TP.
Why I am rebuying it? Simple. Gold is easy buy trade every single time ESPECIALLY at this times like this.
Most of the people who are selling Gold are getting their money burned or amateurs. Why sell Asset that is bound to go up?
Comment down below if you have anything that is in your head. Much love guys






















