XAUUSD | GOLDSPOT | New perspective | follow-up details

ที่อัปเดต:
Welcome back to another exciting episode of our weekly XAUUSD technical analysis! 📈 In the ever-evolving world of forex trading, gold seems to be holding its ground around the crucial $1,900 mark. 🔒 The recent surge in the U.S. Consumer Price Index (CPI) has sparked inflation concerns, making investors wonder about the Fed's next move. 📊

This week, we'll explore how gold managed to stand strong despite the CPI surprises and the European Central Bank's (ECB) bold rate hike decision. 🌍💰 The upcoming Federal Reserve meeting on September 20th is generating curiosity about Chairman Jerome Powell's remarks and the future path of interest rates. 🏦🤔

XAUUSD Technical Analysis:
In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics and uncover potential trading opportunities.

The $1,925 zone will take center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then the breakout of the uptrend continuation pattern - falling wedge identified on the daily timeframe could incite a strong uptrend continuation. However, if the price breaks below the demazone at the $1,900 then some selling opportunities could take center stage to trigger a USD-favored sell-off.

Stay tuned for more thrilling updates on the Gold market! Remember, trading involves risks, and I always recommend exercising caution and seeking advice from financial professionals. Hit the like button if you found this analysis helpful, and don't forget to subscribe for more insightful content! 📺🔔💼

Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.

It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.

Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.

Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
บันทึกช่วยจำ
Currently, trading activities are hovering around the crucial $1,925 zone, a key level highlighted in our recent video analysis. We find ourselves at a pivotal juncture in the market, and it's essential to exercise patience.

While the new week has indeed kicked off with a bullish tone, it's equally important not to disregard the potential for selling pressure, especially as price action shows signs of a potential reversal pattern [double top formation].

To navigate this situation effectively, we'll rely on the well-defined levels outlined on the chart as our guiding beacons for today's trading session.

Good Morning

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
UPDATE

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
It's time to secure all buy positions as price action encounters a formidable barrier around the $1,934.00 zone. 🛡️ But the real question on everyone's mind is, will the structural buying momentum continue today? 📈 Our stance remains bullish as long as trading activities maintain their position above the ascending trendline.

Good Morning.

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
UPDATE
Secure positions
สแนปชอต
การซื้อขายยังคงดำเนินอยู่
After exiting our buy positions with a modest profit, we've noticed price action undergoing a shift towards a lower high structure. The US dollar seems to be strengthening amid the prevailing low volatility and the customary pre-FOMC quietness midweek. Dollar support persists, courtesy of the robust state of the US economy. Chart-wise, we're witnessing the emergence of a potential reversal pattern, accompanied by the breakdown of our previously identified ascending trendline.

In light of these developments, it's advisable to secure sell positions, while also keeping in mind that the bearish scenario isn't set in stone. Buyers still retain some potential in this market, so we'll remain vigilant for further trading opportunities.

Good Morning

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
As discussed during our live session this morning;

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
Over 280 pips in profit from three positions; time to secure positions.

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
Its over 400pips in profit now from four buy positions as edge closer to the Fed's interest rate decision; secure all positions now as we might witness a crash.

สแนปชอต
ปิดการเทรด ด้วยตนเอง
#XAUUSD

No Interest rate hike, just as expected! All buy positions closed with approximately 400 pips in profit. We shall allow the market to calm down as market participants digest the implications of this development or a potential retracement [break/retest of $1,947] before making the next decision. I am signing out at this juncture; congratulations to everyone who was part of this profitable journey. See you all tomorrow during our Forex Morning Mastery!

สแนปชอต
บันทึกช่วยจำ
Following a remarkable Wednesday where we capitalized on a 400-pip trading opportunity, the market experienced a subsequent correction, aligning with our projections. As we allowed participants to digest the implications of the unchanged interest rate, price action retraced to the $1,927.50/$1,925 zone. Notably, buying pressure emerged immediately after retesting our week's key level at $1,925 and the recently broken descending trendline. 📈📉

The question that arises now is whether this marks the inception of a new bullish wave or a continuation of the sell-off in favor of the US Dollar? To navigate this, we'll closely monitor the levels indicated on the chart. Stay tuned for today's analysis!

Good Morning

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
UPDATE

Secure sell positions

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
Over 140 pips in profit from two positions; Secure sell positions as buying pressure is observed around the $1,915 zone. However, a breakdown/retest of this zone will welcome more selling opportunities.

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
UPDATE

A new trading set-up gradually unfolds on the 15 minutes timeframe

สแนปชอต
การซื้อขายยังคงดำเนินอยู่
Buy position triggered at the $1,922 zone; secure buy position as the ascending trendline shall be our yardstick to guide trading activities for today.

Good Morning

สแนปชอต
Chart PatternsFalling WedgegoldspotpriceactionTrend AnalysistrendcontinuationpatternsXAUUSDxauusdanalysisxauusdforecastxauusdpriceactionxauusdsignal

Trade smart. Trade consciously
และใน:

การนำเสนอที่เกี่ยวข้อง

คำจำกัดสิทธิ์ความรับผิดชอบ