XAUUSD (GOLD) SELL ANALYSISHere on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000Shortby FrankFx140
XAUUSD (GOLD) SELL ANALYSISHere on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000Shortby FrankFx140
XAGUSD upside target 34.0XAGUSD is currently maintaining a good upward trend, and bulls are performing strongly. At present, we can pay attention to the potential upward AB=CD pattern, with a target position of 34.0.Longby XTrendSpeed3
Gold has stabilized on the middle track, and we continue to be b This week clearly indicated that the gold price should rise to recover the market, and the gold price began to open low bullish ideas near 2330 at the beginning of the week. The first stage of the rise of the target 2350 arrived, and now the price is moving towards the second stage of the rise of 2368 target position, yesterday's public 2347 near the dry price of 2364 line, to keep up with the idea is to harvest. Today, starting in 2347 repeatedly dry more, we do not chase but dry short also do not go to early intervention, at least reach the limit of 2385 and then consider the game stage high point, and the current stage of the bottom consolidating price is still on the way up. Today, do more than 2347 repeatedly, or such as the price of white break through to pull up a small margin of high entry! Go straight to this week's rally target of $2385! Intraday strategy 1: 2347 Repeat more, stop 2339, target 2357-2368!Longby Yuliya10Updated 11
check the trend It is expected that after some fluctuation, the price will make a new ceiling and then we will witness the completion of the corrective uptrend. If the price crosses the green support range, it will be possible to continue the downward trend up to the support trend line rangeby STPFOREX0
Gold- correction could be over soonAs explained in my latest video and written analysis, gold may have changed its trend. However, considering the 1000-pip drop from last week, a correction could occur. Indeed, the price started to rise after hitting a low of 2325 and reached a high around the 2360 zone. This rise is clearly corrective in nature, and gold could soon drop again in a new downward leg. The sell zone is between 2365 and 2375, with a target for bears at the 2300 level. I remain bearish as long as the price stays below 2380 on a daily closing basis.Shortby Mihai_Iacob141425
NQ Power Range Report with FIB Ext - 5/29/2024 SessionCME_MINI:NQM2024 - PR High: 18951.00 - PR Low: 18936.75 - NZ Spread: 31.75 No significant calendar events Fading inside prev session range. - Hold prev week's highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 227.10 - Volume: 20K - Open Int: 249K - Trend Grade: Bull - From BA ATH: -0.7% (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
Dow Jones (US30):🔴Is it bearish..?!🔴Hello trader By examining Dow Jones on the weekly and 4-hour chart we can figure out the chart is bearish and there is sell-side liquidity that can be defined as targets for smart money. In this chart, the price failed to create an all-time high and dropped, the price made the bearish breaker and respected it and shifted the market structure. Now we can see the bearish order block with bearish FVG that makes an important resistance, If the price reaches this zone we can look for a sell position in a lower time frame. 💡Wait for the update! 🗓️27/05/2024 🔎 DYOR 💌It is my honor to share your comments with me💌Shortby VahidTradingCRUpdated 111
GOLD WILL F*K YOU AGAINAgain, here we are talking about GOLD and how most of the traders will get liquidated again. Majority of the traders are long and price will probably go down till the rejection level at 2349 (where i placed a long limit order for a possible scalp). From there, i expect a bounce till the resistance area at 2370 (sell limit order there) that could push next the price down by CryptoForexGem7
$XAUUSD - Today’s Setup - 29/05Good morning Traders ☕️ I am back and ready to share my analysis with you guys. Thank you for all the messages and if you like my TA and what you find on my profile don’t forget to like/boost the analysis 🙌🏻 I have marked 2 zones where I believe gold will react based on my analysis. Make sure you do your own TA before you trade mine as my goal is to help trades who are struggling to find potential trades for the day as I share my idea with you all. Thanks again and keep an eye on my profile as I back from holiday and ready to take the market by storm 😎 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.by alexm1011114
gold mappingVery accurate SNR mapping using h4 for gold. Entry when there's a confirmation only.by zikrayy0
21/5 Oil Trading Plan Oil continues to buy at low levels NYMEX:MCL1! NYMEX:CL1! BLACKBULL:WTI Longby AA_JackUpdated 6
Gold will continue to search for lows. Gold is for sale now. The operation still uses the 2370 position as the short-term long-short conversion point. The U.S. session is about to start, and I think a new decline is going to be too, because there is still news from the U.S. today. All can currently be sold at high prices. The target is about 2354-2358 or lower. Everyone sets it according to their own profit goals. COMEX:GC1! OANDA:XAUUSD TVC:GOLD MCX:GOLD1! Shortby AA_JackUpdated 12
US OILWe are starting to see the early signs of seasonal tendencies across all markets. Price took out the 76.84 low (Turtle soup) on which it is acting as a support currently. The consolidation we are currently in will most likely be broken in the next week and we will look for an entry long on the lower TF as well. Target 1 coming in at 82.05, Target 2 at 84.42 and Target 3 at 87.59 More updates to followLongby Anele_888Updated 8
A real-time operation of gold price before closing Trading plan: Steady traders can wait until the market drops to around 2325 to buy directly. The target is 2341 or even higher. Aggressive friends can buy directly near 2332. The target is even higher near 2347. TVC:GOLD OANDA:XAUUSD COMEX:GC1! Trading plan: Steady traders can wait until the market drops to around 2325 to buy directly. The target is 2341 or even higher. Aggressive friends can buy directly near 2332. The target is even higher near 2347.Longby AA_JackUpdated 6
Strifor || GOLD-Week StartingPreferred direction: SELL Comment: Sell priority is also relevant this week for gold , at least in the first half. At the moment, one can look for good sales near current levels with a target at the level of 2300 , where, in turn, one can take a closer look at the long deal that we talked about at the end of the previous week. On the chart, one can see two scenarios, but in essence, this is a single option for setting up for sale, and the scenarios differ only in the depth of the potential false upward movement. In general, one needs to carefully watch level 2343.869 and look for an entry point to sell around this area, especially after a false upward movement. 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 115
next insight on GOLD MOVEMENT here is the proposal .....having the end of the day rest/retrace through the asian session back to the 40's ... , before the bull sweep to the 60'S along the open of London session tomorrow ... sit tight fellaz , anticipate the moves , and follow for more insights Shortby Ak_capitalistUpdated 6
XAUUSD 15 MIN Bearish Patternsxauusd 15 min bearish patterns tgt are down side pending lets see whats mky hpnShortby Sandeepsingh55334
XAU USD BUY There is a potential incoming bullish move on the 4 hour timeframe. Stop loss: 2.350 Take profit: 2.400Longby Visionary_insights1
XAUUSD Economic outlook analysis LONGFundamental Economic State Global Economic Overview: Economic Growth: Global GDP Growth: Global GDP growth has been mixed, with advanced economies experiencing slower growth due to tighter monetary policies, while some emerging markets show stronger performance. The IMF projects global growth to be around 3.2% in 2024. U.S. GDP Growth: The U.S. economy is expected to grow at a moderate pace, around 1.7% for 2024. This moderate growth supports demand for safe-haven assets like gold during times of economic uncertainty (IMF) (FocusEconomics). Inflation Rates: Global Inflation: Inflation remains a concern globally, although it is expected to decline in many advanced economies. U.S. inflation is projected to stabilize around 3% by late 2024. Impact on Gold: Higher inflation often increases the demand for gold as a hedge against inflation. Declining inflation could reduce some of the upward pressure on gold prices, but ongoing economic uncertainties can sustain demand (IMF) (Stats NZ). Employment Data: U.S. Employment: The U.S. unemployment rate is stable at around 3.5%, reflecting a strong labor market. However, tight labor markets can also lead to wage inflation, influencing gold prices indirectly through inflation expectations (IMF) (FocusEconomics). Fiscal Policies: U.S. Fiscal Policy: The U.S. government continues to implement fiscal measures aimed at economic stability, including infrastructure investments and targeted support for households. These measures can influence economic growth and, consequently, gold prices (IMF) (FocusEconomics). Monetary Policies: Federal Reserve Policy: The Federal Reserve's interest rate policies are crucial for gold prices. While the Fed has tightened monetary policy to combat inflation, any signals of easing could boost gold prices as lower interest rates make gold more attractive compared to interest-bearing assets (IMF) (FocusEconomics). Daily Percentage Changes Over the past month, the XAU/USD exchange rate has shown notable daily fluctuations. Key movements include: Early May 2024: A drop in gold prices following stronger-than-expected U.S. economic data, which increased expectations for further Fed tightening. Mid-May 2024: A recovery driven by geopolitical tensions and weaker-than-expected economic data from major economies, increasing gold's appeal as a safe-haven asset. Late May 2024: Consolidation phase with prices stabilizing around 2350 USD after initial volatility (IMF) (Stats NZ) (FocusEconomics). News Analysis Recent news impacting XAU/USD exchange rate includes: Geopolitical Developments: Escalating geopolitical tensions, such as conflicts in the Middle East or trade disputes, have historically driven demand for gold. Economic Data Releases: Mixed economic data from the U.S. and other major economies have influenced gold prices, with weak data supporting gold as a safe-haven asset. Central Bank Announcements: Statements from the Federal Reserve and other central banks regarding future monetary policy paths have impacted gold prices by affecting investor expectations (IMF) (FocusEconomics). Interest Rate Expectations Federal Reserve: The Federal Reserve is expected to maintain its current interest rates through mid-2024, with potential for easing if inflation continues to decline. Lower interest rates typically boost gold prices as they reduce the opportunity cost of holding non-yielding assets like gold (IMF) (FocusEconomics). Global Central Banks: Similar trends are observed in other major economies, with central banks balancing between controlling inflation and supporting economic growth (IMF). Commodity Prices and Market Sentiment Gold Demand: Demand for gold remains strong due to its role as a hedge against inflation and economic uncertainty. Investment demand is supported by continued geopolitical and economic risks. Market Sentiment: Current market sentiment towards risk is mixed, with periods of risk aversion supporting gold prices. Safe-haven flows into gold remain significant during times of market volatility (IMF) (FocusEconomics). Projection Figures Based on current economic data and trends, the XAU/USD exchange rate is projected to be around 2400 USD by the end of June 2024. This projection considers stable demand for gold, potential shifts in monetary policy, and ongoing economic uncertainties (IMF) (FocusEconomics). Trade Ideas Short-term: Consider going LONG on XAU/USD at current levels (around 2357 USD) with a target of 2400 USD, based on expected stability in demand for gold and potential easing signals from the Federal Reserve. Long-term: A cautious LONG position could be taken with a target of 2500 USD, assuming continued geopolitical tensions and economic uncertainties driving safe-haven demand (IMF) (FocusEconomics). Current Price Consideration As of now, XAU/USD is trading around 2357 USD. The projections and trade ideas are aligned with this current price, ensuring relevance and accuracy based on the latest economic data and market conditions (IMF) (FocusEconomics). Additional Considerations Global Macroeconomic Trends: The global economic outlook, particularly developments in major economies like China and the Eurozone, will continue to influence XAU/USD. Seasonal Trends: Historical data indicates that certain seasonal patterns may affect gold prices, which should be considered in the analysis. By keeping these factors in mind, the provided projections and trade ideas aim to offer precise and realistic guidance based on thorough economic analysis.Longby Georgetass21
GOLD - Many factors will be surprisingGOLD PRICE ANALYSIS - May 29, 2024 SCALP--Sell gold across the fee variety of 236x Yesterday the fee did now no longer attain the anticipated degree as a way to promote. During the day, the fluctuations had been pretty gentle. However, it could additionally be visible that the fee restoration has regularly exhausted itself, with the fashion of traders trying to promote extra and extra. Traders nowadays can prioritize locating Sell points. -- Gold costs fluctuated these days as buyers waited for americaA to launch inflation statistics withinside the following few days to are expecting while to reduce hobby rates. The data which can marvel the gold marketplace withinside the following few days is americaA center private intake fees index (PCE) - an critical inflation degree of americaA Federal Reserve (FED). Meanwhile, a few FED officers agree with that americaA financial system nonetheless has the cappotential to get better significantly. They need to peer extra nice inflation statistics earlier than reducing hobby rates. In reaction to the above data, the USD has reduced in rate as compared to many different robust currencies. Today`s global gold rate has situations to consolidate its upward momentum.by Chart_MasterPro2
Crude Oil Battles to Break Through Key Support ZoneHello There, Technical Outlook: Crude oil prices have been locked in a tug-of-war around a critical support area, testing the 76.253 level twice in recent trading sessions. Despite the downward pressure, the commodity appears poised to make a push higher, according to RSI levels. The 77.082 - 76.253 zone has emerged as a key support area, and a higher low above this range could signal the start of a bullish trend. A potential move higher could see prices stretch up to test supply levels. If prices can establish a higher low above that zone, it would lay the groundwork for a bullish breakout and a push toward the upside. However, the setup would be invalidated if prices were to fall below the 75.324 red line. Overall: If the price gains the momentum to hold above the key support zone, it could set the stage for a sustained rally, but a breakdown below 75.324 would likely signal a shift in the overall market sentiment ending the range in the Weekly timeframe. Fundamental Points: Oil prices went down because: There's too much oil being produced and not enough being used Inflation (prices going up) in the services sector (like healthcare, education, and finance) might stay high for a while This means interest rates (the cost of borrowing money) might stay high for longer than expected There's now more oil stored in tanks than expected, which is also causing prices to fall Happy Trading, K. Longby KhiweUpdated 2
Silver Prices Poised for Bullish Rise as Key Indicators AlignHello there, Technical Outlook: Silver prices have been hovering above the 29.982 mark, and need a close watch over the RSI for signs of a potential bullish trend. If the silver price manages to pull above the RSI moving average and surpass the 50 level, it could signal a proper bullish rise soon. The current market conditions have also challenged the Elliott Wave theory's fourth wave, which suggests that the price may be consolidating before a potential upward move. The 72-day exponential moving average (72 DEMA) is another key indicator that suggests an overall bearish market, so it's a high-risk setup. Fundamental Summary: Silver prices are up 1.5% to $30.58 per ounce. The outlook for silver is uncertain due to the Federal Reserve's plans to raise interest rates. The US economy is looking strong, which could affect silver prices. Investors are watching the US dollar and a key economic indicator called durable goods orders. The overall outlook is uncertain, but silver prices are currently up 20% since the start of the year Happy Trading, K.Longby KhiweUpdated 1