XAUUSD Technical Analysis

Good morning, Antini Rusmini, I hope you will always be healthy. follow the newbe gold ala analysis well, if I see from the daily time frame, now it's being corrected at swapzone and the possibility is likely to push to the supply area above as I have marked. above there is fakeout,My marking is stamped, and if you look to the left there is also a qm level ... if for example, I will later put the stop loss on top of the supply area. That is all and thank you

the analysis is very good friend for the XAUUSD pair it feels like it will correctly adjust R2 monthly, then go down pending oldr or sell it feels good in the xauusd pair.

In daily charts, prices are above 200DMA (1251) and breakage below will call for 1246-1236. MACD is above zero line and histograms are increasing trend and it will bring upward stance in the upcoming sessions. RSI is in overbought region and more upside is expected before it gets stretched. Stochastic Oscillator is in overbought territory and giving positive crossover to confirm bullish stance for intraday trade.

For now, if I personally prefer sell options in this pair, with the closest destination price support level at 1280, this is also due to the USD index which tends to be strong up a few days ago. Thank you

XAU/USD

The pair XAU/USD is still likely to fall. Estimated pivot point is at a level of 1326.67.

Main scenario: short positions will be relevant below the level of 1326.67 with a target of 1243.18 – 1159.49.

Alternative scenario: breakout and consolidation above the level of 1326.67 will allow the pair to continue rising to a level of 1400.00 and higher.

Analysis: Supposedly, the wave of senior level (C) continues developing on the daily time frame, with the wave 1 of (C) formed inside. On H4 time-frame, apparently, an upward correction is completed

The actual time frame actually shows signs of the price going forward again because the price position has now moved from ma 13, according to the strategy that I have if I want to take OP which is somewhat risky we can already do OP BUY if based on TF dayli this with a stopper placed a few pips below ma 20 and the take profit in the resistance zone above it.

gold pair

the movement last Friday in Gold is good too, the price moves bullish, although the range is quite small, but the price is bullish and breakout the daily resistance area of 1311.47, so the potential for tomorrow Monday in Gold is bullish, we can wait for the buy signal at support / RBS 1311.47,

in the picture above the body of the candel is all below the MA all and it is clear that there will be a reversal in xauusd. The sell options are prices of 1309.50 - 1311.70 - 1314.20 with stop losses 1316.20 takeprofit 1,302-1299-1297. That is all and thank you . Greetings profit

Gold if I observe in the H4 time frame is still like the previous week, the movements tend to be sideway, so there is nothing interesting in this water like it seems. Gold is stuck in the swapzone area, and actually, in my opinion, there will still be an increase again, maybe it will arrive at the supply area above the small base that I just took shadow, and if for example sell, the stop loss is above the base supply God willing, for example, the price will decrease profit for sure hehehe, and for the correction it seems like it will be stuck here. it also seems like it's not able to drop again here and has formed a bullish engulfing pattern. we just wait
I tried to wait for the price to break up or down to see the opportunity for entry.