Gold Bear MoveGold looks like it wants to break the 200 ema. I see it bouncing off resistance once more and braking that 200 ema for the third touch for a bear play. What do you guys think. I'm newer to forex so any tips would help.Shortby tourvilledamian3
Still believe in gold, short-term selling strategyWorld gold prices continued to increase with spot gold price at 10.2 USD increasing to 2,360.9 USD/ounce. Gold futures last traded at $2,362.40 an ounce, up $9.90 from the bright spot. The world's yellow metal continues to gain modestly, fueled by the weakening of the USD, while investors are still eagerly awaiting US emission data later this week for more clarity. about interest rate cuts. The US Dollar Index fell 0.2% to its lowest in more than a week, becoming bullish faster than other currency holders. TD Securities commodity strategist Bart Melek said that the monetary policy dreams of the US Federal Reserve (Fed) could very well create gold that cannot be closed and future forums are very negative. lots of data. However, this expert continues to maintain his optimism about gold. The focus this week will be on the core US personal consumption expenditures index (PCE), the Fed's desired product quantity measure, which will be released on Friday. Considered a hedging tool, gold benefited after minutes from the Fed's latest meeting last week showed that the US Central Bank did not discuss maintaining high interest rates for a longer period but also talking about the possibility of increasing interest rates in the context of finding that it is still "tough" and there is still a difficult path to achieving the 2% target. Traders are assessing the possibility of a rate cut of around 63% in November.Shortby FalCol_TradingMasterUpdated 3
Gold price continues to the discount!Hello everyone, Brian here! What are your thoughts on the gold price today? Gold is continuing its downward trend after completing a correction phase. Currently, it is trading around $2329 and is experiencing a significant decline due to the rising U.S. Treasury bond yields and a stronger Dollar following last evening. Additionally, the upcoming PCE report this Friday is expected to increase the downside risk for gold.by Trader_BrianFX7
XAUUSD H4 | Bearish reversal ?Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 2357, an overlap support. Our take profit will be at 2328.72, an overlap support The stop loss will be placed at 2396.95, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCMUpdated 1111
XAUUSD - Gold 4hr Simple Trading - Head and shoulders It doesn't get more simple than this. Pay attention to the pattern. With a Strong USD, Gold can finally take a break, make some moves to the downside, and retest some support zones. Gold is about to make a HUGE move to the downside if the price can not hold above 2325. Look to SELL NOW! Price is at the bottom of the horizontal support line. Look to place another buy once the price breaks below the slanted white neckline of the pattern. Target is 2280, if the price breaks below sell to 2220 *These are just my thoughts, not financial advice. Shortby nikdobii0
Xauusd possible buying areasBuying opportunity on key level 2330-2334 and 2277-2280. Buy on retest by Ats9Updated 2
Gold continues to attract liquidity to the detriment of buyersDear traders! As Conan mentioned in yesterday's analysis, XAUUSD is currently in a recovery phase with a corrective bias, receiving support at $2350. However, overcoming the $2,400 resistance seems challenging and remains the target in the downtrend that is gradually forming on the chart. Currently in today's trading session, XAUUSD is currently trading at 2,360 USD, up 8 USD compared to the previous opening price of 2,352 USD and showing signs of reversal compared to the EMA 34 exponential moving average signal, 89. Therefore, gold has many opportunities to pop up today with the aim that the market can accumulate more liquidity (to the detriment of short-term buyers), which will be a continuation of the downward trend. As for Conan's personal perspective, Conan still maintains strong belief in the downtrend. Technically, it is likely that the market will try to change the uptrend formed in the down wave structure. But in the meantime, the information that could surprise the gold market in the next few days is the US core personal consumption expenditures (PCE) index - an important inflation measure of the Federal Reserve. state. In the US (FED), the market may attempt to attract liquidity.Shortby ConanForexUpdated 161659
Gold price today: Increased trend is still active!Hello everyone, it's Brian! Today, gold prices continue their short-term recovery, with the precious metal consistently creating new support levels. The US Dollar is weakening, and regardless of market sentiment, XAU/USD is trading around $2,360. There was a temporary increase in demand for the greenback at the start of the US session following optimistic economic data releases. Today, we might continue to see gold prices recover. What about you? Do you share my view? Comment below and let me know!by Trader_BrianFXUpdated 113
Xauusd today possible trades If price breaks above 2362 wait for the retest to take buy position with tp 2380. If Trendline is broken take sell position at 2347 after retest and tp at 2320by Ats9Updated 2
Wave structure of XAUUSD on 15 minute timeframe4H swing is bullish => current it is pullback M15 swing is bearish We buy when the price breaks through the strong swing peak of the 15-minute time frameby quangcttnUpdated 3
Gold price recovers in the short term !!⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell after a three-day winning streak due to the Greenback's slight recovery and hawkish comments from Federal Reserve officials. Strong US economic data also reduced expectations of a Fed rate cut in September, boosting the US Dollar and weighing on gold prices. However, geopolitical tensions and uncertainty may still drive demand for gold as a safe-haven asset. Central bank demand will continue to support higher gold prices in the short term. Traders are watching the Fed's Beige Book and John Williams' speech, as well as the release of the US Core PCE Price Index on Friday, which could impact the possibility of delaying a Fed rate cut if inflation shows signs of increasing. ⭐️ Personal comments NOVA: Gold price recovered in the short term - however, the long-term frame H1 and H4 are showing a larger DOWN trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2324 - $2322 SL $2319 SCALPING TP1: $2330 TP2: $2335 TP3: $2340 🔥BUY GOLD zone: $2305 - $2307 SL $2300 TP1: $2315 TP2: $2330 TP3: $2340 🔥SELL GOLD zone: $2370 - $2372 SL $2375 scalping TP1: $2360 TP2: $2350 TP3: $2340 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longestShortby Nova-ScalperUpdated 3326
My option about gold My opinion about gold,is that zone good for buy and it can be bullish Longby hamapro2
oil 30mOn the upside, the 55-day Simple Moving Average (SMA) at $81.31 and the descending trendline at $81.85 are forming an area with a lot of resistance.Longby EMDE50
Crude oil continues to run in the 77~80 rangeCrude oil continues to run in the 77~80 range, waiting for a breakthrough, continue to sell high and buy low Crude oil technical analysis Daily resistance 79-80, lower support 76.8 Four-hour resistance is 79-80, and support below is 77-76.8 Crude oil operation advice: Crude oil was under pressure at the 79.2 mark yesterday and ushered in a weak and volatile downward breakthrough. The Asian and European prices fluctuated sideways and came under pressure near the 79 mark, then fell back and fell rapidly, falling back to a weak rebound near 78.2. NY time was under pressure at the 79 mark and ushered in an accelerated decline. Finally, the price fell to around 77.6 and stabilized. The overall price appears to be suppressed at the 79 mark. Short-term oil prices continue to show a daily red-green cycle rhythm. Today, the lower support focuses on 77.2-77, and the upper pressure focuses on 79.5-80. The day will continue to rely on this range to maintain a wide range of long and short shocks. The watershed between short-term long and short strength still focuses on the 80 integer mark. Before the daily level reaches 80, it will continue to maintain long and short shocks between 77 and 80. BUY:77.0 near SL:76.70 BUY:76.8 near SL:76.40 BUY:79.6 near SL:79.30 Technical analysis only provides trading direction! Longby ActuaryJUpdated 6
XBR, is starting to BURN "UP"! MASSIVE ascend coming!XBR accumulators is close to winning the battle. The last few days of continued net buying has pushed the price significantly higher with so much gusto and strength. Price surged a weighty 2.2% last trading day. On weekly histogram, higher lows has been recorded conveying of a long term trend shift. Pricewise, XBR is moving thinly at the current range -- closer to breaking out the descending trendline. It is now sitting at 5.0 FIB level - a major order block support where most buyers converge. Based on the recent price action and volume surge expect some significant price growth from the present price range. Spotted at 78.00 TAYOR Safeguard capital always.Longby JSALUpdated 4419
GOLD Trades Idea for Thursday 30 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 30 May 2024 SELL LIMIT Order: $2351.27 Stop Loss: $2361.86 Take Profit 1: $2340.93 Take Profit 2: $2327.18 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 28 May 2024 We didn't hit full take profit and got stopped at break even. Let's try again! Trade Review For 29 May 2023 Unfortunately, this trade heads straight to loss almost immediately, let's try again tomorrow! P&L for the month: +0.7R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R 13 May: -1R 14 May: -1R 17 May: -1R 21 May: -1R 22 May: +1.6R 28 May: +0.5R 29 May: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10RShortby Barry_Games_Trading2
XAUUSD - Gold (Make or Break moment)There is a lot of selling pressure for gold, with RSI signaling overbought conditions on every higher time frame. Undoubtedly bullish, however, it may have reached a peak. In my opinion, a lot of consolidation is required before pushing for another ATH. Currently, a double top appears to be in the making, with a swing rejection candle on the daily, with a hanging man candle in formation. Bear trap? Possible. However, considering there is a possible DXY breakout to the upside, as EURUSD breaks down with impending interest rates cuts in June for the EURO, my money is on the dollar. Consequently, if gold begins to retrace back to the 2300 region for a "double bottom" bounce, the ensuing move upward may begin to appear more as the right shoulder with a sequential move to the 2200 region. Moving averages are quickly catching up. Conversely, there is arguably a "cup and handle" with ~2550 target. However, this may be perceived as invalidated by many with the rejection wick on the daily. Trade carefully.Shortby Trader-DavesUpdated 222
XAUUSD:Bullish, pay attention to the resistance near 2368 The gold small-level trend indicator has formed a bullish trend. Before the US market, the main trend is long. Today's important resistance is still around 2368. The unemployment benefit data to be released during the US market is expected to be favorable to gold bulls. In addition, there is a choice of direction in the market at present, so the volatility will be very intense at that time. If I make a mistake in my prediction, if there is no good risk management measure at that time, the loss will inevitably be relatively large, so everyone must be cautious when trading and do not put their accounts at risk of being burned. If you have any questions, feel free to leave me a message. Good day, good luck to everyone!Longby Allen_Ex11
GOLD → Operating with the view of whalesThe proposed strategy seeks to capture a short-term upward movement based on resistance breaking and support validation by LTA. It is important to monitor economic data and Fed-related news as it can significantly influence the price of gold. Longby Samuel_PVSRA1
WTI New Trend BeginningWe can see on the 4H that the downtrend has been broken, waiting for a confirmed retest of the old trendline before entering. We could see consolidation for a little while however. Swing trade.Longby Pottz7773
Corn and Wheat to look for long...why?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Why? will share my thoughts in my trading analysis this week. Technical wise yes,part of it. Do check it out ;) Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Longby Shadowing_The_Big_BoysUpdated 2
Paladium in a attractive buying zoneIt would be a long ride to the upside. Targets at 1,200, 1,500, and 2,000 ~ 2,200. Good luck! Longby richard7_Updated 1
ZM1 bearishafter confirmation candle bearish breakout on H4 our trading plan is buy on pullback and short on zone. Confirmation downtrend already start Daily candle is DOUBLE TOP. TAYORShortby shahfx930