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
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 XTrendSpeed4
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_Iacob141427
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