XAUUSD – TP Market Trades

XAUUSD Technical Analysis 15th August 2024 1h chart

Salim Yakoubene — Wed, 14 Aug 2024 22:35:19 +0000

– Wednesday Daily candle closed strong Bearish around 2447.500 respecting recent Daily Resistance formed on Tuesday this week. I’ll be looking for potential Buys above 2453.000 targeting 4h previous Support formed around 2460.500 Leaving Runners to the 30min previous Support formed around 2470.000, I’ll be looking for potential Sells below 2441.300 targeting 30min Support formed around 2434.300 Leaving Runners to the Hourly Support formed around 2426.300. High Impact News ahead of the New York session for the US Dollar which may bring high volatility to the market.

XAUUSD Technical Analysis 14th August 2024 1h chart

Salim Yakoubene — Tue, 13 Aug 2024 22:16:05 +0000

– Tuesday Daily candle closed small Bearish around 2462.600 forming weak Daily Resistance around 2472.400 as price mostly ranged on the 4h timeframe. I’ll be looking for potential Buys above 2475.000 targeting July Monthly High formed around 2484.500 Leaving Runners to a potential Key Level around 2490s. I’ll be looking for potential Sells below 2460.000 targeting Hourly Support around 2453.000 Leaving Runners to the 1h previous Resistance formed around 2444.700. High Impact News ahead of the New York session open for the US Dollar for Core CPI m/m, CPI m/m and CPI y/y, High Volume expected around the New York Stock Exchange session leading to London Close.

XAUUSD Technical Analysis 13th August 2024 1h chart

Salim Yakoubene — Mon, 12 Aug 2024 22:26:06 +0000

– Monday Daily candle closed extremely Bullish around 2472.500 closing above all the previous Daily Resistances formed recently approaching the all time high level. I’ll be lookinng for potenial Buys above 2477.500 targeting July Monthly High formed around 2484.500 Leaving Runners to a potential Key Level around 2490.000. I’ll be looking for potential Sells below 2463.200 targeting Hourly Support around 2453.500 Leaving Runners to the 1h previous Resistance formed around 2444.700. High Impact News ahead of the New York session for the US Dollar which may bring High Volatility to the market.

XAUUSD Technical Analysis 12th August 2024 1h chart

Salim Yakoubene — Sun, 11 Aug 2024 22:40:09 +0000

– Weekly candle closed weak Bearish around 2430.700 forming weak Weekly Resistance around 2443.100, Friday Daily candle closed weak Bullish as price mostly ranged on the Friday sessions. I’ll be looking for potential Buys above 2434.500 targeting 30min Resistance formed around 2441.500 Leaving Runners to the Daily Resistance formed on 31st July around 2448.500. I’ll be looking for potential Sells below 2423.500 targeting 1h Support formed around 2417.000 Leaving Runners to the 30min Support formed around 2408.000. as Friday Daily candle ranged ideally is to allow the Asian session to form a new range and wait for high volume time for price to break out of the range and anticipate where price will go.

XAUUSD Technical Analysis 9th August 2024 1h chart

Salim Yakoubene — Thu, 08 Aug 2024 22:51:55 +0000

– Thursday Daily candle closed strong Bullish around 2427.500 forming Strong Daily Support around 2381.700 exactly as anticipated on the previous Daily Analysis. I’ll be looking for potential Buys above 2432.000 targeting 30min Resistance formed around 2441.500 Leaving Runners to the 4h Resistance formed around 2450.000. I’ll be looking for potential Sells below 2423.000 targeting 4h previous Resistance formed around 2415.500 Leaving Runners to the Hourly Support formed around 2407.500. Huge retracement from the current Weekly candle rejecting Weekly recent Support.

XAUUSD Technical Analysis 8th August 2024 1h chart

Salim Yakoubene — Wed, 07 Aug 2024 23:01:40 +0000

– Wednesday Daily candle closed small Bearish around 2382.600 closing within Daily Support formed on 29th July 2024. I’ll be looking for potential Buys above 2389.500 targeting Hourly Resistance around 2400s Leaving Runners to the Daily Rejection formed around 2407.500. I’ll be looking for potential Sells below 2374.500 targeting Daily Support formed around 2364.000 Leaving Runners to the 4h Strong Support formed on 4th July 2024. High Impact News ahead of the New York session for the US Dollar, There is a good probability for price to push Bullish on the Daily allowing for price to retest Strong Key Level around 2400s.

XAUUSD Technical Analysis 7th August 2024 1h chart

Salim Yakoubene — Tue, 06 Aug 2024 23:20:21 +0000

– Tuesday Daily candle closed Bearish around 2389.200 closing above Daily Support formed on 29th July 2024. I’ll be looking for potential Buys above 2395.700 targeting 4h previous Support formed around 2406.700 Leaving Runners to the 4h Resistance formed around 2416.400. I’ll be looking for potential Sells below 2381.700 targeting 30min Support formed around 2370.000 Leaving Runners to the 4h Support formed around 2362.000. Despite Daily closing small Bearish there is a good probability for price to retest Daily Support formed on 25th July 2024 around 2363 level.

XAUUSD Technical Analysis 6th August 2024 1h chart

Salim Yakoubene — Mon, 05 Aug 2024 22:52:11 +0000

– Monday Daily candle closed Bearish around 2409.800 tapping into Daily Support formed on 25th July 2024 and rejecting. I’ll be looking for potential Buys above 2413.800 targeting 4h previous Support formed around 2421.800 Leaving Runners to the Hourly Resistance formed around 2432.000. I’ll be looking for potential Sells below 2402.000 targeting 30min Support formed around 2387.700 Leaving Runners to the 4h Support around 2375.000. Despite the Bearish momentum on the Daily there is a good probability for price to retest the 2450s Key Level retesting recent Daily Resistance.

XAUUSD Technical Analysis 5th August 2024 1h chart

Salim Yakoubene — Sun, 04 Aug 2024 22:24:54 +0000

– Previous Weekly candle closed Bullish at 2442.300 forming Weekly Support around 2386, Friday Daily candle closed Doji Bearish. I’ll be looking for potential Buys above 2447.000 targeting 30min previous Support formed around 2455.600 Leaving Runners to the 1h previous Resistance formed around 2466.800. I’ll be looking for potential Sells below 2437.000 targeting Hourly Support around 2427.700 Leaving Runners to the next 1h Strong Support formed around 2417.000. High Impact News ahead of the New York session for the US Dollar which may bring High Volatility to the market.

XAUUSD Technical Analysis 2nd August 2024 1h chart

Salim Yakoubene — Thu, 01 Aug 2024 23:06:11 +0000

– Thursday Daily candle closed weak Bearish around 2445.500 forming Weak Daily Resistance around 2447.800. I’ll be looking for potential Buys above 2454.000 targeting Daily Rejection around 2462.000 Leaving Runners to the Daily Resistance formed around 2470.000. I’ll be looking for potential Sells below 2439.500 targeting Hourly Support around 2432.500 Leaving Runners to the next Hourly Support formed around 2422.200. High Impact News ahead of the New York session for the US Dollar which may bring extreme High Volatility to the market.