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According to the chart of XAUUSD there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
There are a dots below the candles for parabolic sar indicator to indicate a upward direction and also I can monitor a sell signal on the MACD indicator which moving below the level 0 for now beside the CCI line is at the Higher level to perform a upward signal.
As I said before according to the EMA locations selling is my favorite side for today as long as the price didn’t show any opposite bullish signals.
http://bigimage.cz/photos/20010104978598237838271.gif .
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the XAUUSD pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is blue colored which indicate a buy signal by the way.
Now the signals show a week bearish trend and a sell trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 1243.65 which may mean that the bearish direction is over.
http://bigimage.cz/photos/20010104978598150666968.gif
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As you can see on the chart of XAUUSD the prices is now upper than the EMA line of 15 which could be used as a good sign of bullish trend for today.
Also the power line indicator is now above the 50 level which indicates a good upward direction signal.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
http://bigimage.cz/photos/20010104978598439174875.gif .
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A clear cross is occurs on the momentum indicator on the XAUUSD chart as the blue line goes below the red one to perform a good selling signals for the current time By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the XAUUSD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the red color on the arrows to perform a downward signal on the short term Now according to these data I think a downward trend should be in action as long as the momentum sell cross still on the chart and a sell trades can be taken as long as the ATR indicator keep showing a selling signals.
http://bigimage.cz/photos/20010105978653376197478.gif .
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A bearish trend is now in action as you can see the red arrow shown on the hourly XAUUSD chart at the current time which is supported with a top located at 1248.35 which can be also used as a very strong resistance that the price shouldn’t go above it if the bearish trend still strong.
Also the parabolic sar dots is showing above the candles which is a sign that the price is heading down for a while.
when selling trades take a place I think then the support 1229.8 can be a good area in order to close some open positions as the price has a good chance to go north after hitting it.
http://bigimage.cz/photos/20010105978654166447891.gif .
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A strong bearish trend take a place on the hourly chart of the XAUUSD as the Blade oscillator is now at 0.8 area below the level of balance and at the same time the indicator is red colored which is a strong indication of bearish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last top drawn by it at 1231.6 as a good stop loss if you need it in case of sell orders which is very advised according to the indicators signals. http://bigimage.cz/photos/20010105978655823102785.gif
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After taking a quick look on the chart of XAUUSD first thing you have a good buy signal on the Henkin Ashi and up arrow on the chart In the same time a sell signal occurs on the trend session indicator by showing a red bar at the last candle In additional to a buy cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a buy possitions at any good place If you decided to buy you should keep an eye on the level 1233.44 as the price bounced from it the last time then you can consider it asa your first resistance to close your order once hitting it http://bigimage.cz/photos/20010105978654007155887.gif
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By analyzing the XAUUSD we can but a bullish chanel to limit the movement of the market inti two trend lines The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a green bar appears below the level of 0 and it is considered a good buy signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 20 th level Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all http://bigimage.cz/photos/20010105978653171254862.gif
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By analyzing the XAUUSD we can but a bullish chanel to limit the movement of the market inti two trend lines The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a green bar appears below the level of 0 and it is considered a good buy signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 20 th level Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all http://bigimage.cz/photos/20010105978653171254862.gif