GOLD Intraday Long IdeaWe are going to hit the golden fibonacci area and after that hit the 1 fibonacci zone. Good LuckLongby TetanForexUpdated 1
Gold weakness remains unchanged, continue to short In the morning, I announced the idea of short selling on the whole network. Today's idea is relatively simple, just short selling, so the members directly gave the strategy of short selling at 2334 in the morning, and entered the short orders in batches. The market is not beyond our expectations. It rebounded to around 2340 in the short term, and then started to fall. From the daily line, the weak pattern of gold has not changed. It is likely to continue to close in the negative today, and it is expected to continue to break the previous low of 2306. The idea of short selling in the European and US markets is still mainly short selling. You can continue to participate in short orders when it rebounds around 2338-40 If you like my analysis, please continue to pay attention Shortby Yuliya10Updated 2214
Gold-short sell ideaGold is making a bearish head and shoulder pattern,indicating potential sell off position.More over,todays Un employement claims are expecting to be positive for USD as inflation cools down and consumer confidence increasing,therefore having potential positive impact on DXY. What's ur take guyz..?Shortby umer_qadeer3
GOLD (Summary + GDP result) Technical Analysis of Gold The price is expected to consolidate between 2327 and 2344 until a breakout occurs. Today, the GDP report will impact the market, with expectations being negative for the U.S. dollar. Depending on the results, the price may initially push up before starting to drop. However, if the GDP exceeds 1.2%, this outcome will likely be negative for gold. In summary, stability below 2327 will lead to a drop towards 2303, while stability above 2344 will support a rise towards 2354 and 2369. Pivot Price: 2344 Resistance Levels: 2354, 2369, 2388 Support Levels:** 2327, 2318, 2304 Today's anticipated trading range is between the support level at 2302 and the resistance level at 2369.by SroshMayi10
Xauusd-1HXAUUSD long position stop:2330 Target:2355 After breaking the channel and making pull back, the trend is upward Longby ahmadreza_re22
Gold Analysis - Selling OpportunityGold Analysis - Selling Opportunity Open:2351 SL: 2410 TP: 2200 Shortby ahmedqotb1981Updated 225
Gold surges higher and falls back, 2345 can be shorted!After the sharp rise in gold, the market did not continue and continued to rise and fall. The bulls just tried to resist, but they were still unable to do so. Gold is still in a short trend, and the current price is 2345. It is directly short! The 1-hour moving average of gold continues to cross downward and the short positions are arranged. The short positions are not over yet, and there is still room for decline. The U.S. market is closed early tonight. The market is likely to fluctuate, so if it rises, don’t chase long, or continue to be short under pressure. The current price of gold is 2345, so you can go short first. If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. Every time there is a big fluctuation in the market, what the losers see is fear, and what the winners see is opportunity. The rebound of gold is limited. Even if you have the idea of going long, you must wait until it falls back. At most, the current price is a volatile market. Anyway, we are watching. Short, the rebound gives us the opportunity to go short.Shortby A-JamieUpdated 3
Gold ( XAUUSD ) analysis www.tradingview.com On the 4-hour chart, XAUUSD has developed a head and shoulders pattern, indicative of a classic reversal trend. The price is currently hovering around a pivotal support level, with the moving averages suggesting a potential for further downward movement. A selling opportunity for XAUUSD may arise if the price breaks below the support at 2330, potentially leading to a further drop towards 2285. Shortby Goldxking2
Will oil return to its bullish market?📊 According to the buying pressure in the market and the breaking of the downward movement of the price upwards, if the range of 84.5 units is broken upwards and the price stabilizes above it, the price may increase to the range of 87.0 🎯 and in the case of the strength of the range of 88.6 units🎯🎯. 📊 Otherwise, the price may decrease to the range of 81.5 units.Longby arongroups4
nifty ict analysis ICT Concept Analysis for Nifty 50 We had seen the accumulation (consolidation) phase early in the nifty, then we saw a manipulation phase in the nifty, looking forward we might see a distribution phase in nifty based on ICT Concept.Shortby mrwangden1
nifty ict analysis ICT Concept Analysis for Nifty 50 We had seen the accumulation (consolidation) phase early in the nifty, then we saw a manipulation phase in the nifty, looking forward we might see a distribution phase in nifty based on ICT Concept.Shortby mrwangden0
GOLD YEARLY TIMEFRAMEGold is currently enjoying a bullish momentum, retracing from its latest All-Time-High of $2450. I am anticipating that it will retrace and retest the $2000 zone and use it as support to continue its Upward move. However, this might not happen anytime soon since It has a tendency to print at least 3 bullish candlesticks after breaking a previous ATH. So, the bottom line is that the Bullish trend is still stable.Longby CJEP_130
Summer SebaticalI'm excited to share that I'll be taking a summer sabbatical to recharge. As a result, the newsletter will be on a brief hiatus. But don't worry, I'll be back in September, refreshed and ready to dive back into the markets with you. Wishing you a profitable summer!by spytradingpro221
GOLD FORECASTThe current analysis indicates a Bullish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2329, and it's possible to touch 2355 as well then it'll start the bullish trend. The prevailing Bullish pressure suggests that if trading remains above 2329, the trend will continue a strong upward till 2376. otherwise stabilizing below 2329 will try to reach 2306. Key Levels: Bullish Line: 2355, 2376, 2397, 2412 Pivot Line: 2329 Bearish Line: 2306, 2281, 2306Longby RojBarwari2
Daily live trade with XAUUSD in 15m/30m/1h 20240530Daily live trade with XAUUSD in 15m/30m/1h 20240530Longby tradermongolia4
Gold Analysis 29/05/24If the unemployment claims data on Thursday comes in higher than expected, indicating more people are filing for unemployment, it might suggest a weakening job market. This could lead the Federal Reserve to consider pausing rate hikes or even lowering rates to support the economy. On the other hand, if the claims are lower than expected, showing a strong job market, the Fed might feel more confident in raising rates to combat inflation. They tend to balance between controlling inflation and supporting employment. The latest from the Federal Open Market Committee (FOMC) indicates that they're closely monitoring inflation and economic growth. As of their most recent meeting, they have signaled a cautious approach, suggesting they might pause further rate hikes to assess the impact of previous increases. However, they haven't ruled out future hikes if inflation remains high. The timing of any rate changes would depend on upcoming economic data, particularly inflation and employment reports. So, the possibility of a rate adjustment could come as early as their next meeting if conditions warrant it. Elliot waves : We're not at the wave 4 ( correction ) , i believe we still have another push down for gold , but i think we still have time to push more up b4 the drop for new LL , the confirmation for this is thursday when they release the unemployment claims data by TraderFa9irUpdated 3
Consider selling XAUUSD at the current price of 2337. Set Consider selling XAUUSD at the current price of 2337. Set your take profit levels at 2330, 2325, and 2320 to secure potential gains. If the trade moves against you, consider closing it at 2343 to limit losses with a stop loss at the same level.Shortby FOREX_trade_0111134
current price range of 2353/2356Consider selling XAUUSD at the current price range of 2353/2355. Potential entry points could be established within this range. Aim for three take-profit levels: 2350, 2345, and 2342, respectively. In case the trade moves against expectations, it's advisable to close it at 2360 to mitigate potential losses. This strategy ensures a structured approach to trading XAUUSD, maximizing potential gains while minimizing risks.Shortby FOREX_trade_01Updated 44142
XAU / USD 30 Minute ChartHello traders. We have news in an hour here in the US so I will probably wait to take a trade. I have marked my area of interest for the current 30 min chart. Looking to see if the current 30 min. candle stays above and does not break below the previous one. If we do form support and it holds at the 2333.43 area, then we may see some more upside. I am patiently waiting for a good entry. NY open is in 2 hours. Be well and trade the trend. Big G gets all my thanks. Let's see how things play out. by musclemilk00752
XAUUSD. The seller is aiming for 2326 and belowOn the daily time frame, a sideways movement has been forming since April 9th. The buyer’s vector 4-5 reached a new high. The key candle of vector 4-5 was on May 20th and is located at the top (highest volume, "tKC" on the chart). The seller absorbed this candle, and now the seller’s vector 5-6 is developing. The first target is 2326.515. On the hourly time frame, there is a short trend. The last seller’s impulse started from 2374.01. The price corrected to the 50% level of the last impulse (2364.498), and we see a strong seller’s continuation. It makes sense to look for sell opportunities above 2390 if the price returns there or from the defense of the trend by the seller. by AlexeyWolfUpdated 2
My next gold trade! It has been a while We have broken structure on the 10m+, I am waiting for a retracement for further continuation. Look out for the flip of structure on the retracement leg for double confirmation. Longby Trade-Journal2
In Platinum, Triangle formed. 1st Target 1882, 2nd Target 2763.Triangle Pattern formed in Platinum Future, wait for the Breakout. Because Breakout is the Confirmation market move to the Bullish Trend. And 1st Target price is 1882, 2nd Target price 2763. This is for Long Term Analysis. I want to help people to Make Profit all over the World.Longby SasikumarMani1
Gold Scalping IdeasThe current market offers good set ups for short trades in the support zone around 2330 and the resistance near 2348-2350. Although the overall trend on the 5-minute chart appears bearish, the recent price action suggests a potential short-term reversal. Scalpers can benefit from these quick trend changes, making short trades during downtrends and quick long trades during upswings.by PunishMeGrandma1