XAUUSD (GOLD) BUY ANALYSISHere on gold price has been in uptrend and there is a tendence that it will still go up as it still showing bullish . So it expected to go long and targeting profits should be around a psychological level of 2,370.000Longby FrankFx141
XAUUSD Harmonics Crab Pattern Gold Bullish Long PositionXAUUSD Harmonics Crab Pattern Gold Bullish Long Position -Crab Reversal Pattern -Falling Wedge Reversal Pattern -Divergence on RSI reversal indicationLongby PandaPipsProUpdated 119
Gold Bearish IdeaAs gold is bearish in 4HR and 1 HR timeframe, we can short from 15 min Lh and also it is 0.6 of fib level.Shortby mqasim1212225
GOLD corrects strongly, FOMC minutes, main trend areaGold fell sharply under pressure from profit-taking activities in the market and the Fed's (FOMC) meeting minutes. According to the Federal Open Market Committee meeting minutes, although US monetary policy has become a secondary factor in the gold market, continued inflation could cause additional selling pressure as it could force The Federal Reserve must adjust its monetary policy, personally, the Fed is unlikely to increase gold interest rates again. Gold's rally cooled as investors took profits and traders cut bets on the Federal Reserve cutting interest rates this year. With the release of the Federal Reserve meeting minutes, market expectations of the Federal Reserve cutting interest rates continued to decline, leading to increased purchases of the US Dollar, making gold expensive. than for holders of other currencies. According to minutes from the U.S. central bank's April 30-May 1 meeting, Fed officials said it will take longer than previously expected to build confidence that inflation will pick up. 2%. OANDA:XAUUSD is known as an inflation hedge, but the opportunity cost of holding this non-yielding asset increases as interest rates rise. Recent economic data shows inflation trending downward, but Fed policymakers said the central bank should wait a few more months to ensure inflation actually returns to its 2% target first. when cutting interest rates. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, after gold broke through most of the key technical levels and it is now also in a key price area for a technical bullish outlook with a long-term downtrend and moving averages 21 days (EMA21). In the immediate future, if the gold price returns above the 0.236% Fibonacci level, it will have enough conditions to recover with a short-term uptrend from the price channel. During the day, the trend of gold price is still downtrend with notable technical levels that will be listed as follows. Support: 2,366 – 2,353USD Resistance: 2,384 – 2,400 – 2,410USD 🪙SELL XAUUSD | 2406 - 2404 ⚰️SL: 2410 ⬆️TP1: 2399 ⬆️TP2: 2394 🪙BUY XAUUSD | 2344 - 2346 ⚰️SL: 2340 ⬆️TP1: 2351 ⬆️TP2: 2356 by Xayah_tradingUpdated 1111
Crude bouncesCrude oil has put in quite a turnaround over the last couple of trading sessions. At the end of last week, Brent and WTI had sliced through support and looked as if they were set to head lower. Both had broken down through the lower ends of their respective trading ranges that had been building since the beginning of this month. But prices suddenly turned higher and Brent and WTI are now comfortably back within their ranges once again. This has seen front-month WTI head back towards $80 per barrel, a level which has held as resistance this month. The daily MACDs on both contracts have been in oversold territory since early this month. But these had flattened out recently and turned higher, suggesting a rally could be on the cards. Well it has now happened, but not before support there was a break of significant support. There are meetings between OPEC and OPEC+ members this coming weekend. The expectation is that the group will extend its current production cuts from June through to the end of September. Before then, there’s an update on the Fed’s preferred inflation measure, Core PCE. This has the potential to upset investors if it were to come in above expectations, and thereby reduce the possibility of Fed rate cuts this year. by TylerNorcross2
Gold Trendline and Channel Breakout ! Ready For BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20006
Gold Trendline and Channel Breakout ! Ready For BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 3
GOLD BullishGOLD has formed Bullish Divergence and has started printing higher highs and higher lows indication of bullish trendLongby ruba_hasan962
Long XAUUSDTake trade on your own risk! Verse of the day 1 Peter 5:6 Take profit: 2408 Stop Loss: 2332Longby AYOUBWASHERE3
Gold & Silver have done very well#GOLD & #SILVER have been on tear for some time. Both showed bullish patterns & we took advantage of that. GOLD We've been long term holders of the shiny metal but we did take a chunk of the "paper gold" profits (stocks, contracts) Want to step back in but RSI and $ flow have lost some steam, waiting. Silver Still looks pretty good. Volume is still heavy for both = demand. AMEX:GLD AMEX:SLV $PSLC AMEX:CEF Longby ROYAL_OAK_INC2
GOLD New Outlook (still bearish or reversed!)Technical Analysis of Gold: The price reached our previous target of 2327 and then reversed. Closing a 4-hour candle above 2344 suggests it will likely reach 2354, with the potential to touch 2369 as well. However, if the price remains below 2344, it indicates a drop back to 2327 as the first target. Pivot Price: 2344 Resistance Levels: 2354, 2369, 2388 Support Levels: 2327, 2318, 2302 Today's anticipated trading range is between the support level at 2305 and the resistance level at 2369. previous idea: Shortby SroshMayiUpdated 1116
Oil long soonI love this Oil long chance here, Aiming for 87-90 area or anywhere in the rectangle. Conservative traders can wait for a break of the channel to get long. I will do the same. Longby TechknowLobsterUpdated 6
XAUUSD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran905
BANKNIFTYBANKNIFTY closed below va 1. gapup 49400 long till 49550 2. 49400-49050 trade reversal 3. gapdown 49050 short till 48950by subhankarsahoo0
GOLD BUY GOLD buy position for geofund news and inflation . SL : 2338.84 ENT : 2362.50 TP 1 : 2380.16Longby pouriya_kd2
NIFTYNIFTY closed below va 1. gapup 23000 long till 23050-23150 2. 23000-22925 trade breakout 3. gapdown 22925 shortby subhankarsahoo0
LONG TERM GOLD! what we see on gold is very interesting! the news brought it down nicely, but we know that gold should go up to at least 2500, a bigger short may come! we'll see! go ahead and be smartLongby AmigocsekUpdated 3
Today analysis xauusd Go up baby :) GO UP? Go 2360? in the long term, we are still waiting for further descent. but to go down we have to go up to at least 2365! we'll see :)Longby AmigocsekUpdated 6
Gold Bullish OutlookPersonal Journaling only chart shows detail Bearish move from last week to retrace back at least 50%-61.8% in order to continue bearish cycle. Ill continue to move my stop loss to break even in order to maximize my follow through. If I can scale in at those higher lows I will.Longby BetterBusinessBully6
Long MNQAlgo says go long with a possible 2 entry if SL is hit. I may be taking profit at 50% targetLongby Tn3310796Updated 1
XAUUSDhello guys hope everyone enjoying their trading journey yesterday i have shared 2 zone I took both of trade and gain decent profit now here is also mentioned 2 areas that's why I mentioned long sl so keep eyes on it Longby WiKiFX221