Xauusd BUY or Sell Description Welcome guys , so here's my pretty simple and easy to understand analysis on XAUUSD (GOLD) Everything you needs to understand this is mentioned on chart 👆📈 Thanks for reading my analysis 🙏 All the best by Tim3_7o_inv3st2
Sell order engaged / #2,300.80 on the cardsFundamental analysis: Symmetrical Dead Cat bounce on Hourly 4 chart is getting in tight range as U.S. Treasury attempt to limit the weakness at all costs as their main aim is not to hyper-Inflate the economy. Inflation chart is up on a mere (# +8.00%, in the same time representing ATH values), but Gold is ignoring eminent reversal signs and remains Trading under violent Volatility (usual indecision candles) and continuing the Volatile Intra-day sequence. It is my belief that Investors are unwilling to commit before the full scale Support break, and as an result, Volatility kicked in and Gold didn’t offered anything in particular throughout last #2 sessions. Personally, I am Highly surprised regarding the yesterday’s session turn of the events as Support break and Higher High’s Lower zone test was on the cards - Price-action reversed on an almost #30-point uptrend as DX was main driver behind the move. No Daily changes so far after a very Bearish U.S. session opening on traditionally Volatile Hourly 4 chart’s candles. Technical analysis: I can easily spot on Hourly 4 chart how the current slow falling consolidation is repeating the pattern of November #26 - December #5. As discussed, the statistics on how non-Technical sessions affect Gold are usually changeable. One of the most Volatile Trading week was previous one, according to the Historical Data with a (#82.70%) point differential on Daily chart, also seen by the wide margin (Bearish) on mostly all Hourly charts. Gold remains isolated within Neutral belt in my book and should reveal underlying Bearish trend as today's U.S. session approaches. Technical analysis cannot be immediately effective on such High Volatility levels so, as I mentioned on my remarks, I will patiently await for breakout here however I have Sold Gold on spot again pursuing #2,300.80 benchmark with my piercing Selling orders. Technically, Daily chart formed steep Descending Channel and got rejected near #2,327.80 - #2,332.80 Support zone in extension for #7-consecutive times in a row as Price-action is gradually building it’s way to Lower levels. Personally by my estimation, Selling sequence is far from exhaustion. My position: I have engaged new Selling order with #2,352.80 entry point (optimal Target remains #2,300.80 benchmark). Unfortunately I didn't closed my yesterday's Selling order with #2,356.80 entry point on #2,342.80 (was in decent Profit) as I believed that Selling sequence has to continue towards #2,300.80 benchmark however DX suffered strong hits and Gold reversed and hit my breakeven Stop. Shortby goldenBear881124
Sell order engaged / #2,300.80 on the cardsFundamental analysis: Symmetrical Dead Cat bounce on Hourly 4 chart is getting in tight range as U.S. Treasury attempt to limit the weakness at all costs as their main aim is not to hyper-Inflate the economy. Inflation chart is up on a mere (# +8.00%, in the same time representing ATH values), but Gold is ignoring eminent reversal signs and remains Trading under violent Volatility (usual indecision candles) and continuing the Volatile Intra-day sequence. It is my belief that Investors are unwilling to commit before the full scale Support break, and as an result, Volatility kicked in and Gold didn’t offered anything in particular throughout last #2 sessions. Personally, I am Highly surprised regarding the yesterday’s session turn of the events as Support break and Higher High’s Lower zone test was on the cards - Price-action reversed on an almost #30-point uptrend as DX was main driver behind the move. No Daily changes so far after a very Bearish U.S. session opening on traditionally Volatile Hourly 4 chart’s candles. Technical analysis: I can easily spot on Hourly 4 chart how the current slow falling consolidation is repeating the pattern of November #26 - December #5. As discussed, the statistics on how non-Technical sessions affect Gold are usually changeable. One of the most Volatile Trading week was previous one, according to the Historical Data with a (#82.70%) point differential on Daily chart, also seen by the wide margin (Bearish) on mostly all Hourly charts. Gold remains isolated within Neutral belt in my book and should reveal underlying Bearish trend as today's U.S. session approaches. Technical analysis cannot be immediately effective on such High Volatility levels so, as I mentioned on my remarks, I will patiently await for breakout here however I have Sold Gold on spot again pursuing #2,300.80 benchmark with my piercing Selling orders. Technically, Daily chart formed steep Descending Channel and got rejected near #2,327.80 - #2,332.80 Support zone in extension for #7-consecutive times in a row as Price-action is gradually building it’s way to Lower levels. Personally by my estimation, Selling sequence is far from exhaustion. My position: I have engaged new Selling order with #2,352.80 entry point (optimal Target remains #2,300.80 benchmark). Unfortunately I didn't closed my yesterday's Selling order with #2,356.80 entry point on #2,342.80 (was in decent Profit) as I believed that Selling sequence has to continue towards #2,300.80 benchmark however DX suffered strong hits and Gold reversed and hit my breakeven Stop. Shortby goldenBear887
XAUUSD BUY or Sell signal Description So guys here my easy and pretty simple idea 💡 on XAUUSD (gold ) every easy to understand everything i have mentioned in chart 👆📈by Tim3_7o_inv3st0
XAUUSD OANDA:XAUUSD XAUUSD Update 📊 Gold Spot Trading Analysis 📊 🔴 Supply Zone (Around 2365-2369) Strong selling pressure expected. Price tends to drop from this level. Ideal for potential short trades. 🔵 Potential Buy Zone (Around 2340-2345) Significant buying interest. Price likely to find support and rise. Look for long trade opportunities. 💡 Current Market Equilibrium The price is currently at an equilibrium, meaning it is balanced between supply and demand zones. Patience is key! Wait for the price to reach the supply or demand zones for larger swing trades. Catching trades at these levels can lead to more significant profits.by K3FOERX1
The Dawn of a Copper Wave: Metal Hits Record ValueCopper prices are hitting unprecedented records. On Monday, 20 May, the cost of copper on the London Metal Exchange (LME) reached a record nominal high of $11,104 per metric ton. Moreover, as analysts predict, the metal price are anticipated to double . The main reasons behind copper’s ATH in May There are several reasons why copper prices are confidently increasing. First of all, the rate cut is on the horizon—given the positive statistics from the United States, this will happen very soon. There are a lot of dollars in the world now, and there will be even more when the Fed starts cutting the rate. This phenomenon reduces the currency's value, making everything look more expensive against its background. Lower rates economically mean that commodities prices are growing because of cheaper money. By lowering rates, the Federal Reserve will clearly indicate that the global economy is beginning to recover, which implies that people feel better about their financial situation and can afford to buy more goods, including copper. It is also important to note that the demand for copper is increasing, as this metal is an integral part of the electrification processes. Transition to a green economy also pushes copper prices: the red metal is a necessary material for the construction of capacities, batteries, wind turbines, etc. Thus, the expansion of electric vehicles and renewable energy technologies continues to drive up the need for copper. Economic surge fuels rise in copper prices The leading copper importers, China and the European Union, will buy more copper, boosting prices. These regions have some problems in the economy, and one of the answers to how to solve them is the transition to renewable energy, where copper is preeminent. Continuing the thought about possible rate reduction, copper prices will increase even more when a rate cut happens. Today, we are at the beginning of an economic cycle, not the end—the reduction in rates means that economic growth is anticipated. When we enter the phase of economic development, everything needed for it, for example, commodities, becomes more expensive. What are the copper investment possibilities in 2024? The upward trend of copper prices may attract some investors. Usually, there are three ways to invest: exchange-traded funds (ETFs), futures, and shares of production companies. The choice of a specific format depends on which market you have access to. It also varies depending on how much money you have, your planning horizon, and whether you are a qualified investor. Investing in copper manufacturers might be challenging, though the share prices of mining firms typically correlate with metal prices. For example, there is BHP Group, one of the world's leading mining companies, which derives approximately 30% of its revenue from copper sales as of 2023. Nevertheless, this type of investment requires a keen understanding of market dynamics that can influence prices. As for futures, besides LME, an important venue for trading copper futures is the Chicago Mercantile Exchange (CME), which offers a robust market for copper futures. For investors looking to gain exposure to copper without directly investing in mining companies or futures, ETFs provide a convenient alternative. The Global X Copper Miners UCITS ETF (COPX) seeks to track the Solactive Global Copper Miners Index, which includes companies worldwide engaged in the exploration, mining, and refining of copper. Another option is the WisdomTree Copper, which follows the Bloomberg Copper Index. Longby Julia_Khandoshko1
GOLD suspect bearish for 2312 & 2280gold weekly key reversal bar, made a new high, closed on the low. on daily basis, suspect double top has formed. but price still did not break last weekly bar low. any pullback on upside with low volume would be good opportunity for sell. Shortby PyramidFx0
gold changed trend i drew all information for you just (((( maybe gold want do fake to all I drew for you with red arrow ))) so if want try buy please take position at under liquidity Shortby MR_G0ld0
PLAT/GOLD ratio: why my stockpick number 4 will start to fly !!Platinum is usually 1 to 2 times more expensiv than Gold historically (between 1.17 and 2.37 times from 1998 until 2008). After the Great Financial Crisis things went out of wack ! The ratio fell inside a bullish descending wedge until it touched its low point around 0.39 ! At the peak of the Corona Crisis you could buy 2.5 ounces of Platinum with 1 ounce of Gold ! This undervaluation is of factor 3 compared with its average. This means Platinum could very well outperform Gold by 3 times in the future. Intresting is that price formed a double bottom with its recent March low and that a bullish divergeance formed between the March 2020 and March 2024 low. Whereas the March 2020 low was a FALSE breakout of the wedge. The March 2024 is a REAL backtest of the apex of the bullish wedge. The future price movement of the ratio, and especially the price movement of the PLG (Platinum Group Metals - stock pick number 4/10) should be dramatic !!Longby Dangermousebanana0
Crude Oil / Brent Oil Robbery Plan in Bullish SideMy Dear Robbers / Traders, This is our master plan to Heist Crude Oil based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, Market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_TraderUpdated 1
Brent Crude Oil (XBRUSD): LONG Call, Butterfly Harmonic PatternXABCD Butterfly pattern has been drawn on price chart. Three White Soldiers appeared signaling an upward break out for the final leg of CD. Just wait till breakout confirmation once previous LH is breached. Keeping Stop Loss at previous prominent HL of leg AB, my trading values are mentioned on the chart. Taking 2 trades with 1:1 and 1:2 risk/reward ratio.Longby ASAD_G47Updated 2
2024 05 29 XAUUSD Bearish Case: Begining Wave 3 to the downside- Gold led the markets with correction to the downside starting on May 20 - The move was very strong and is a beginning of an impulse wave. - Gold corrected for 3 waves and I think is ready to resume move down - Wave 3 is usually the longest and the steepest. In this case it might be not because Wave 1 Was long and steep.Shortby actualAntelope547900
GOLD, Price vulnerable under the 2365-2358 ResistanceThe Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data. Resistance : 2358 - 2365 Support 1 : 2335 Support 2 : 2305Shortby AbeikuGlobal_FX113
Wednesday Forecast Crude OilWe had a very expansive two days From the Bank Holiday Monday and Tuesday. I do expect the market to slow down a little before we start to move higher to 81.50 as long as price stays above the 1hr fvg and the 1hr +ob my bias will be Bullish. If we close bellow these pd arrays then a retracement is in order and different targets will have to be looked at. Pretty simple Longby IamThattrader0
Potential Reversal on GOLD On the Daily timeframe we can observe that gold has reached it potential reversal zone, after completing ABCD Harmonics and printing strong divergence. Keep an eye, if 2275 level breaks, we can expect at big fall. Shortby Shahzaib0051
XAU ShortTime for a pullback! This is the blueprint. I say price returns to $2000, but could very well regress all the way back to $1800 over the next year. I’m looking for a much better entry on the lower time frames than the one shown on the chart, but you get the picture. It’s time for a major regression back to where price consolidated for over a year, in 2021. Happy Trading!Shortby NeoDaNomad0
GOLD BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! GOLD is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 2325.206. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
WTI $USOIL BullishGIven the support from the asian session this morning, WTI already broke the 200EMA yesterday. Europe is going to take it further. 80.12 -> 83.0 Longby Altzeasy20
Gold futures rebounded strongly after last week's price pullbackWith the June settlement nearing its first be aware day, the August 2024 gold futures settlement will quickly turn out to be the maximum actively traded. Currently, the August 2024 settlement is up $27.40, buying and selling at $2,384.30. Multiple elements were riding gold`s ascent to document highs. While a few analysts characteristic the treasured metal's rally to greenback weak point and declining U.S. Treasury yields, our evaluation shows that geopolitical and macroeconomic impacts have performed a extra full-size role. Ongoing army conflicts withinside the Middle East and the Russia-Ukraine battle keep to gasoline geopolitical uncertainty, bolstering gold`s safe-haven appeal. Additionally, primary banks international had been regularly growing their gold holdings over the last years, with China's primary financial institution a number of the maximum competitive buyers. China's client call for has additionally been a first-rate catalyst for gold's current surge. According to UBS, "A vast motive force of the surge in gold costs has been the sturdy boom in China's gold call for, specifically glaring withinside the first zone of 2024.by MrTrongVoUpdated 1
Crude Oil (WTI) may rise to 80.90 - 81.35Pivot 79.35 Our preference Long positions above 79.35 with targets at 80.90 & 81.35 in extension. Alternative scenario Below 79.35 look for further downside with 78.95 & 78.50 as targets. Comment The RSI advocates for further upside. Supports and resistances 81.90 81.35 80.90 80.23 Last 79.35 78.95 78.50 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson2
Gold chart analysisLast analysis was correct till now ! It may to make reaction to static liquidity or FVG area and if blue trend line (Daily) broken we can enter to short position after see confirmationShortby mparsco1
OIL will going up around 83Oil will going up aroung 83, Buy now. we can see Oil has Descending Braodening Wedge Pattern.Longby EdyDragon4
XAUUSD : Gold will increase strongly againAlthough the price of gold is slightly decreasing today, looking at the technical level, the prospect of an increase in price of this precious metal is still very high as XAU/AUD is trading actively above the 100 EMA today. However, the indicator RSI 14 is currently at an intermediate level around the 50 line, showing the possibility that XAU/USD will move sideways or not have a clear trend in the short term. The first upside price target will appear at the upper border of the Bollinger band at $2,427. If gold's momentum is sustained, prices could head towards an all-time high of $2,450. Breaking through this resistance level, gold could rise to the psychological level of $2,500. Conversely, the $2,325 level will be the initial support zone for XAU/USD. The next key support level is $2,300. Any sell-off below this level would send gold prices closer to the lower edge of the Bollinger band at $2,277, followed by the 100-day EMA at $2,222.by SantaTradeGold1