Xauusd Falling ConfirmOANDA:XAUUSD Gold price holds its upbeat momentum intact on Monday, sitting at fresh record highs of $2,450 in the European session. The bright metal benefits from renewed hopes for Fed rate cuts and renewed geopolitical tensions surrounding Iran. Fedspeak is next on tap.Shortby Senorita710
Gold keeps rising to new highs. The ups and downs of the market test the deceitful minds of traders. It seems to be going up but it feels like it is going to fall. Most of the time, the market is in such a chaotic state. Investors involved in the transaction have different personalities and moods. Different will cause hallucinations, so most investors choose subjective assumptions in this secret and tangled trend. However, Xinyi continues to adhere to the concept based on the gains and losses of the market's key resistance and support. Don't do anything until the key resistance and support are broken. Guess, don’t be confused after the position is broken. Reading and listening carefully to the market language is one of the core points for successful trading! Spot gold continues to rise, once reaching a new all-time high of 2449. It is currently trading at 2446. The price of gold rose by US$33 in early trading. Helped by the announcement of stimulus measures by major Asian countries and the rising expectations of U.S. interest rate cuts, gold prices rose for the second consecutive week. At present, the overall market is clearly biased towards gold bulls. The survey shows that most analysts and retail investors tend to be bullish on the gold market outlook. Investors need to continue to pay attention to news related to the Iranian President, as it may affect changes in risk aversion sentiment. There is relatively little economic data this trading day, and Fed Barr will make a speech, which investors need to pay attention to. In addition, the minutes of the Federal Reserve meeting will be released this week, and investors need to pay attention to changes in market expectations. From a technical point of view, the weekly line has continued to close positive, and the overall structural indicators are still bullish. The daily line rose based on the upper track of the Bollinger Bands. The price broke the historical high of 2449. The Bollinger Bands moved upward as a whole. The short-term moving average showed an upward golden cross. Other cyclical indicators also maintained a bullish arrangement. Coupled with the risk aversion caused by the geopolitical situation, The daily line also needs to be prepared for gold prices to fall sharply from highs at any time. In the 4 hours, stimulated by risk aversion, the price of gold rose again this morning, setting a new historical high, and there was a wave of decline of 18 US dollars. Logically speaking, it should be beneficial to the continued development of short sellers, but because the price has always been running above the short-term Bollinger Band mid-track, and The short-term moving average continues to rise, currently forming support at 2413 and 2405 respectively. In addition, the Bollinger Bands are running upward as a whole, and other periodic indicators maintain a bullish arrangement, so bulls have the advantage. However, it is worth noting that the KDJ indicator is also showing signs of turning downward, which means that the power of shorts is gradually growing. Therefore, even if the bulls have the advantage, the overall 4-hour level should not be too bullish. Operation idea: The intraday operation suggestion is mainly based on the low and long idea. The lower support focuses on 2413-2405. As a support for short-term retracement confirmation, it is of great significance to the bulls. Above it, we can look towards 2450-2460, and even 2500 is possible. ; if the bears break through strongly, it means that a new round of downward space is opened, and there is a high probability that it will drop to the visible support area of 2390-2360. For suppression from above, first pay attention to 2450, and then focus on 2460. I believe that as long as the gold price holds 2420 during the day, the latter will most likely hit it. However, if today's closing can close in the upper area of 2420-2410, it will be a retracement. Longby Yuliya10Updated 4
Crude Oil Bullish Side Robbery Plan to make moneyMy 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. There is Two Targets Our target is 1 & 2 Danger Logo and Red Zone that is High risk Dangerous level 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 and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.by Thief_TraderUpdated 0
ESM2024 gravitating towards ATH!Look at that beautiful 1/3 ADR at ATH + Previous Week High that is good confluence for us going higher! Also Range +4 STDV there this looks very solid to me! Range deviations + Average Range Levels = 🔥Longby Keclikk1
SUPPLY AND DEMAND / PARALLEL CHANNELIn this analysis we are focusing on M30 time frame. Here we have parallel channel, which shows market internally structure was bullish. If market price come back and retrace the (2406 - 2400) key level zone than after confirmation we look for buy. And the target is set at 2430. If there is no retracement and market will directly move upside then we will wait, when market will touch our POI zone then we look for sell. let's delve deeper into these level and potential outcome. KEY LEVEL OF POI ZONE: 2428 - 2432 RETRACEMENT AREA KEY LEVEL: 2406 - 2400Longby TradeTacticsrealUpdated 2
Usoil buyOil looking continues by formation for this week ... if fall again take buy order no more sell in this week Longby DNA_Trader_Officials0
Natural Gas still coiling! breakdown or breakout?Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS 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 6
Double top within some pattern identified AFT ascending within Gold on the watch Pattern identified ascending asap 🎐 🔥 🐐 Shortby bastard_1000
Recovery to 2400-2410 Area then ready again HHDear Traders, i expect price retest 2400-2410 area , and will continue upward movement to 2470-2500-2550 what you think about my idea? dont forget like&Comment please ! Regards, Alireza!Longby alirezak1
GOLD MOVE BUY TODAYGold advanced toward $2,400 on Wednesday as US Treasury bond yields pushed lower following the April inflation data. The recovery in US yields combined with the US Dollar's resilience after Jobless Claims data, however, causes XAU/USD to retreat toward $2,370 on Thursday.Shortby Senorita71Updated 112
🆕 XAUUSD: Curve Analysis 🆕(Based on the 12H Chart) SLO3 @ 2414.48 📉 SLO2 @ 2388.92 📉 SLO1 @ 2334.00 ⏳ TP1 @ 2334.00 💰 TP2 @ 2288.87 TP3 @ 2255.22 TP4 @ 2203.24 BLO1 @ 2190.75 ⏳ BLO2 @ 2160.42 ⏳ This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more opportunities for confirmation signals and technical analysis. — Allows for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders. 🔑 ⏳ = PENDING ORDERS BLO = BUY LIMIT ORDER SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFITShortby ProfessorCEWardUpdated 4
GOLD (XAUUSD): Bullish Confirmation Again 🥇Gold surpassed and ended above its all-time high level today. The previously broken structure has now become a zone of demand, and the pair is currently testing that broken structure again. I anticipate an increase in buying volumes in that area, leading to a bullish trend continuing towards 2460.Longby linofx13
The perfect wave count on the 4-hour gold chart is happening agaGold 4-hour wave count: The bullish green fifth wave given on April 26 remains unchanged. Currently in progress is the blue fifth wave. Target is 2560-2600. Since October 5, 2022, until November 5, all my views on gold have revolved around this bottom point, which is what I initially mentioned as catching the white fifth wave. This perspective on the waves has remained consistent up to today.Longby qwekjc0
BUY IDEA S&P 500-E MINIThe S&P 500 index can be bought in two specified support areas in two steps and profit from it up to the specified targetsLongby Ali-Rezaei-FX0
Many Wedge PatternMany Wedge Pattern formed. Expecting a Breakout. I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential. Longby SasikumarManiUpdated 1
🆕 XAUUSD: Curve Analysis 🆕Based on the 4H Chart SLO2 @ 2441 📉 SLO1 @ 2424 ⏳ TP1 @ 2391 TP2 @ 2363 TP3 @ 2343 TP4 @ 2311 BLO1 @ 2304 ⏳ BLO2 @ 2285 ⏳ This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more opportunities for confirmation signals and technical analysis. — Allows for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders. 🔑 ⏳ = PENDING ORDERS BLO = BUY LIMIT ORDER SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFITShortby ProfessorCEWard1
ZM: Level Setting up, Awaiting BOSLevel setting up, awaiting break of structure, bull momentum, new micro level to set up a second leg.Longby Agedvagabond0
6E: Possible level to risk off setting upAlso potential in middle of a trading range. Looking to get in late on building momentum if bulls take control.Longby Agedvagabond0
XAUUSD Overbought?While the bulls still have the upper hand i do expect Gold to give us a bit of a pull back to ease on the rally that we had. I don't expect a trend reversal as we have been long Gold since February. Trading highs is very tricky you don't have to be too bias on your idea, checking news events will help in making final decision.by mr_mat_sa3
INTRADAY.FURTHER ADVANCE GOLD MARKET OUTLOOK XAU/USD may rise 9.10- 24.10 USD Our Preference Long Postion above 2405.00 with Targets at 2425.00 & 2440.00 in extension 2440 Resistance 2425. Resistance 2425. Resistance 2415.90 Last 2405.00 Pivot 2405.00 Support.. 2395.00 Support.. 2385.00 Support.. Comment The Next Resistance are at 2425.00 and then at 2440.00 Alternative Scenario Below 2405.00 Look for further downside with 2395.00& 2385.00 as TargetsLongby MrCharlie1Updated 39
NG: Potential to catch trend for magnet to weekly magnet zoneRare Bull BO of bull channel, coming up off higher TF Demand zone, potential magnet to higher TF supply. Showing increasing bull momentum, if continues looking to ride some long.Longby Agedvagabond1
XAUUSD Outlook👁️ OUTLOOK 5hr chart: 30m chart: Context 5hr: Gold has been moving very clear for the past 2 weeks. Price is currently accumulating breaking new highs and is moving above the 10,50,200emas very nicely. Price is currently a little over extended and can pull back to the 10ema at the beginning of the week. Validation 30m: Price is breaking new highs and has pulled back to the 10ema. We could maybe see price break new highs and continue to go higher. Price is moving very nicely above all 3 emas 10,50,200 and looks like it wants to continue higher. Analysis summary: Price is currently above all 3 emas and breaking new highs very nicely. I am Expecting bullishness once again throughout the week. If price delivers to break bullish I will happily look for my entry setup on the 5m chart! Good luck all Gold traders! Have a great week! Longby angelvalentinx2
a weekly price action market recap and outlook - goldGood Morning and I hope you are well. This is my weekly outlook, written yesterday evening. So market already made the new ath and now I wait to see if they want to squeeze higher or we hit a hard wall for big players to continue to unload. gold futures Quote from last week: bull case: 2285 was the low last Friday and this week held above it and my two legged correction was almost perfect to the tick for the A and the B leg and C was only short 20 points. So I gave you perfect 50 points up, 20 points down and another 50 points up. Hope you made some. Bulls are in clear control and until bears break strongly below 2300 again, we are on our way to retest 2448. comment: 3 clear pushes up and still not near 2450, which is not as bullish as it could be but it’s still only going up so naturally I look for longs. Market probably will not stop until we print 2445 or 2450 but the recent pull-backs went on long and deep enough for me to think the upside is probably limited. current market cycle: trading range key levels: 2290 - 2450 bull case: Bulls continue inside the wedge and buy every dip they get. 2450 obvious magnet above. I won’t make this longer than it has to be. Weekly and monthly charts also just give bullish signals for this. This month is still an inside bar on the monthly chart, so if bears keep this as a lower high, odds favor trading back down to around 2320 bear case: All highs in this bull wedge were sold and we already had 3 clear pushes up. Bears will probably get a pull-back on Monday and then market has to decide if it want’s another try at 2450 or higher. First bear target is a retest of the breakout 2400 and then the 4h 20ema around 2390. outlook last week: “Neutral until clear break of the given range. —unchanged” → Last Sunday we traded 2375 and now we are at 2417. No opinion last week. short term: Small pull-back before another test of 2348 or higher. Invalid below 2370. medium-long term: Still no better opinion on this to be honest. I don’t like to get into the speculations why the Gold price is where it is. I have been saying that the market was very unusual over the last 2 months to say the least. We are on our way to retest the highs and after that I expect to trade down to at least 2150 but for that we need way bigger selling pressure. —unchanged Chart update: Removed bear flag. Added bull wedge.by priceactiontds2