DOUBLE TOPA double top confirmed by the bearish divergence on the 4h RSI. looks like silver is about to get crushed again for a few weeks.by SforShiraz112
Hellena | Oil (4H): Long to resistance area of 84.42.Wave “4” traveled a greater distance than I had anticipated. At the moment I expect a small update of the 78.80 low and the beginning of the upward movement with the aim to reach the resistance area of 84.42. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 101069
GOLDThis FORECAST IDEA I assume gold bounce back to long position on NFP next week. So for today and continue to next week we can target to short position until the zone I marking. If you already entry what I marking zone on this week, hold the position until reach the zone. >>> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.by TREND-TITAN6
XAUUSD : Gold turned down sharply and hung for two daysGold prices have broken the support level around $2,335, where the rising trendline intersects the 38.2% Fibonacci retracement level of the March-May rally. Combined with higher-than-average trading volume will be a signal for change. Many traders are selling gold and the bearish trend may continue. In the event that XAU/USD plummets below $2,335, the 50-day SMA at $2,325 will be the bearish guard for the next bearish curve. While breaking this support may be difficult, if successful, there is room for a pullback to $2,265. Conversely, if gold prices reverse upward, resistance will be at $2,365, followed by $2,377. If the gold price breaks through the resistance level at $2,377, the possibility of a decline will be significantly reduced. This breakout could open the door for further price increases to $2,420.by SantaTradeGoldUpdated 2
GOLD SELL NOW!!!!!!!!!!!!For days now we been on gold sell now gold price got rejected from the fvg zone and we had a spike down creating new low now am expecting a minor retracements then another sell off from that to 2277 but the overall trend is bearishShortby CAPTAINFX23
GOLD → Break of the support of consolidation. Next is 2300?FX:XAUUSD is still bearish. The price is trying to leave the corrective range, which is formed after the false breakdown of support. The market is preparing to go lower. On the 1H timeframe it is becoming clear who is showing dominance in the market. There is no strong buy yet, apparently, before the GDP and PCE publication on Thursday and Friday, no one dares to enter the market early. (Presumably, the dollar may get another dose of support, which could weaken gold even more). I think that in the short term the price may retest 2335. Resistance levels: 2354, 2364 Support levels: 2335, 2328, 2306 Consolidation of the price below the previously broken local uptrend support (dotted line), will be a confirmation of the market's intention to go down. A quick retest of 2335 may lead to a break of support and further fall to 2300 Regards R. Linda!Shortby RLindaUpdated 5554
HIGH + LOW RESISTANCE LIQUIDITYHIGH + LOW RESISTANCE LIQUIDITY LOW RESISTANCE LQ 1. No liquidity Available SSLQ generated at weak low = low ressistance LQ 2. Price is more likely to pullbakc to the nearest POI 3. High resistance LQ left at new strong high 4. Price will move impulsively past low resistance lows to target availabe weak low HIGH RESISTANCE LQ 1. Strong liquidity Signals potential institutional backing leaves high resistanve LQ 2. Often price will then pull bakc much deeper or protentially reverse 3. The end of the pullback often forms through a liquiditytion, leaving high resistance LQ at what he becomes the new strong / protected high 4. Price meets some resistance at the sweep zone to the left rather than smashigh straight through the weak lows when there's low resistance lQEducationby quangcttn2
GOLDanalysis of #GOLD time frame: 1H It seems that gold can experience a good growth from the support of 1 hourLongby m0neyminer2
NQ Power Range Report with FIB Ext - 5/30/2024 SessionCME_MINI:NQM2024 - PR High: 18765.50 - PR Low: 18720.25 - NZ Spread: 101.25 Key economic calendar events 08:30 | Initial Jobless Claims - GDP 11:00 | Crude Oil Inventories Strong value decline to follow through on pivot from 19000 Evening Stats (As of 2:35 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 227.32 - Volume: 40K - Open Int: 251K - Trend Grade: Bull - From BA ATH: -1.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Shortby mv3trader50
Money supply increased for the first time, Gold price will decreGold prices dropped slightly to hover around $2,360 per ounce on Wednesday. This decline was attributed to investors scaling back their expectations for interest rate cuts by the US Federal Reserve this year. The market is also eagerly awaiting the release of the key PCE inflation report. GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5. Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite. 🔴SELL GOLD: 2364 - 2366 , SL: 2370 (scalping) 🟢BUY GOLD: 2317 - 2315, SL: 2311 (scalping) GOOD LUCK EVERYONE👍Shortby Scalper_AnandaUpdated 2
Strifor || GOLD-30/05/2024Preferred direction: SELL Comment: There are no changes for gold , as for metals in general. A downward movement is also expected in silver , which we wrote about earlier. At the moment, the deal is going more, of course, within the framework of scenario №2 , but we remember that this deal was considered in combination with scenarios №1 and №2 , therefore, in general, the short is activated and an approach to support is expected at the level of 2300 with the potential for a fall to 2250 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 112
Strifor || SILVER-28/05/2024Preferred direction: SELL Comment: Not long ago, we considered silver for short-term buy-deal and this trade has already been closed today, or at least transferred to breakeven, and most of the profit has been fixed. In the shorter term, the metals are likely to expect a pullback, a downward correction. Against this background, we will consider two scenarios, which can be seen on the chart. It should be noted that both scenarios are rather considered by us equally, although scenario №1 is designated as a priority. The target for the fall is considered to be at support 29.77800. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 117
Gold SellsI have taken a sell on gold as the 1 hour has closed below resistance and price has retraced back to the resistance.Shortby PipShiesty2
$XAUUSD - Today’s Setup - 30/05Morning Traders ☕️ This is my setup for today. Nothing crazy as gold is keep melting for now, I am looking for sell zones and this is the one for the day. Yesterday was a no trade day for me, but I considered it as a trade because is part of the strategy that I am following and is building my mental strength in the markets. Have a profitable day! DM if you have questions or you want to learn the strategy that I use. Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always conduct your own analysis before jumping in. No financial advice here. Shortby alexm1011112
Gold to go short We looking at everything that was at their all time high I believe we going to see corrections in most if not all indices/Fx pairs/Crypto Its impossible for everything to fall at the same time as money has to come out somewhere and be put into something so we might just see these things give each other time to correct pricesShortby AlbertPhoshoko0
Gold's decline is inevitable, and the rebound continues to sellThis wave of gold rebound has come to an end, and the decline is inevitable. Our strategy of selling at 2358 yesterday seems to be very correct. Today we will follow the trend. Gold has been weakening continuously, breaking through the support level of the rising trend line at 2342. The rebound in recent days has been very weak. The decline of gold is completely under our control! Yesterday, we openly shorted at 2358, and fell to the target level of 2342 as expected. The short-term decline has gained a profit of 16 US dollars! For the trend that has fallen below the trend line, going long is not within our operation strategy. We will continue to sell when the gold price rebounds slightly and reaches the moving average pressure level of 2350!Shortby Get-rich-signalUpdated 10
XAUUSD: Buy order has been closed, sell at high level againCurrently, gold is clearly in a volatile upward stage, the volatility is not very large, and the price range has been running between the upper and lower counters of the Bollinger Bands. Today we bought when the price of gold fell to 2342 and successfully reached TP2355. Now the price is again near the Bollinger Band upper limit, and the opportunity to sell has come. I am ready to sell near this area. News: According to multiple Israeli media reports on Monday, Israeli and Egyptian soldiers exchanged fire at the Rafah crossing. An Egyptian soldier died in the "rare" firefight. This news became the main reason for the sudden surge in gold prices yesterday. Judging from yesterday's performance, gold prices did not rebound too much, indicating that there is little risk aversion this time and the pressure from above is strong. Market expectations for the Federal Reserve to cut interest rates this year are declining, which may put pressure on a rebound in gold prices. Technically, we need to pay attention to the pressure near 2360. If the gold price can break through 2360, we will no longer be bearish in the market outlook and will have to reconsider long orders. Below, we still pay attention to the support of the previous low of 2325.Shortby Get-rich-signalUpdated 12
GOLD EVERYDAY TRADE SETUP PullbackDear All, This my idea for Buy Confirm again this OB come you can buy for pullback this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow meLongby TradsTrendTacticsUpdated 5
XAUUSD short Head and Shoulder Pattern for a short position, with bond yields rising and DXY on the rise we might see a further drop in Gold before a correction upwardsShortby shrekwazoskitradesUpdated 110
Gold USD repeatedly pullback to the demand zone FX:XAUUSD The FED minutes hawkish tone is currently pushing negatively on the XAU/USD underlying bullish momentum. A renew dig under the 2340 support level is on the way . That wave started by a breakout at 2357 to reach potentially a first negative target at 2331. It's now to early to place a bullish bet as a 2324 second negative target could be reached later today. A clear decisive break above 2343 resistance level can enable further positive upsides.Shortby parisseineUpdated 2
XAUUSD broke floor /waiting on BOS or lower highVolume will be pushing down further throughout the Asian Session. If you want a little higher risk, take about 100 pip Stop Loss. Wait for confirmation.Shortby UnderlayerUpdated 1
XAUUSD recent updatexauusd is moving so deep down after various FED talks Gold slumps amid strong US Dollar, high US Treasury yields Gold prices slump on Wednesday amid rising US Treasury yields, boosting demand for the Greenback due to hawkish comments by a Federal Reserve (Fed) official. our recent analysis founds 2330-2328 is a strong support area and 2344 act as major pivot due to simple moving average passing through the point and mayor retracement from that area many times yesterday. above 2344 its a buy like share subscribe by realmillionairefxUpdated 5
Chart Pattern Analysis Of Silver K1 just break up the nearest highest price and the previous uptrend channel, Perhaps it is in an accelerating status. If the following candles consolidate here for days, It is still a potential good place to buy in. I think It is similar to XAU/USD and Copper/USD. They are in a status of long-term Bull Market. Long-31.1/Stop-30.6/Target-33.4Longby nothingchangehereUpdated 0