XAU/USD BUY NOWHi traders another trade on XAU/USD BUY NOW. Trade update will be send shortly. you can execute trades now. Please share results and comment below. Certified Price action king.Longby Low-keyFXtrader5
GOLD โ The news will determine the medium-term outlookFX:XAUUSD is updating the low and forming a false break of support. Fundamental and technical background is negative. A quick retest of 2328 may lead to a fall, but there is NEWS ahead! Before the news, gold goes into a local flat 2360 - 2330. The market is gathering potential and liquidity before the news. GDP and Initial Jobless Claims are ahead. This time traders expect an extremely low GDP: 1.6% This is generally negative for the US market, in general this figure is logical based on general market indicators, but traders pay attention to the actual data. It is also worth paying attention to Initial Jobless Claims. Technically, under the current circumstances, a decline is possible after a retest of resistance. But, if the news is contradictory, the price may break the resistance, consolidate above 0.236 Fibo and head towards 0.618 (25-30% probability). Resistance levels: 2343, 2347, 2354 Support levels: 2335, 2328, 2306 The gold market is dominated by bears on the background of general economic conditions. Globally, the trend is still bearish and a correction is forming within it. Today is a purely fundamental day and you should not get into the market before the news. Regards R. Linda!Shortby RLinda6659
Gold Market Update: Exciting Fluctuations on May 30, 2024Hello everyone! Today is May 30, 2024, and the gold market is experiencing some exciting fluctuations. Let's take a look at today's gold price situation! Today's gold prices have seen several fluctuations due to the rise in the USD, making gold more expensive for buyers using other currencies. The 10-year U.S. Treasury yield has also risen to its highest level in nearly a month, increasing the opportunity cost of holding gold. The trading volume today is very high, indicating strong interest from investors. For the rest of the day, gold prices may continue their upward trend but could also face minor adjustments as they approach new resistance levels. What do you think about today's gold price trend? Will it continue to rise sharply, or will it face adjustments? Share your thoughts and let's discuss!Longby Rena_Potter2
bearish order blockConversely, a bearish order block, or supply zone, is found during an upward price movement and is characterised by the area where the last bullish candle appears before a significant downward price shift. This suggests that institutional sellers are overwhelming buyers, likely leading to a decrease in price. sell it Now....sl:2361 tp:...Shortby Goldminer10Updated 3
XAUUSD Local Long!XAU-USD is trading in an Uptrend and GOLD Is now retesting a Horizontal support level Of 2410 from where I will be expecting A local move up !Longby kacim_elloittUpdated 1110
XAU decreased slightly in this morning's trading sessionIn the world market, analysts believe that world gold prices will decline after an official of the US Federal Reserve (FED) commented on monetary policy. This person believes that high US interest rates will be kept stable, or even increased if necessary. Immediately, the currency market reacted. The USD increased in price compared to many other strong currencies, putting pressure on gold prices today. About the short-term gold price trend Gold forecast is still on the rise. The factor supporting gold's rise is demand from central banks. Analysts said they expect central bank gold purchases to hit another near-record this year There are 3 factors supporting the uptrend of gold, the most important being the Fed's monetary policy. Although the US Central Bank does not want to signal an interest rate cut anytime soon because inflation is still high, it is only a matter of time before interest rates start to decrease. The second factor that continues to support gold's rise is demand from central banks. Analysts said they expect central bank gold purchases to hit another near-record this year. In addition, the need for safe havens due to concerns about geopolitical instability also provides a boost to precious metals.by TrategySherpaUpdated 5
Aggessive sell - GOLD /XAUUSDSee related idea for backgroung info ! EARLY BIRD SELL, REDUCED SIZIING SELL! Heed your DD!Shortby FroggyFXUpdated 2
Sell idea! Xauusd GOOD GOLD!See recent/related ideas in profile for background information. The chart shows two sell trades. The 2341 level is ref/entry, signalling a level of interest, as noted in the trades posted here yesterday. To keep the shorts pleased, prices must remain below 2344; therefore the area is mental SL for intraday SL. Begin modestly, as price remains range bound on the Daily chart. Follow your DD!Shortby FroggyFXUpdated 2
gold down treand in 15 min timeframe it may going down so my idea is when price pulled back to the supply zone then the price action like being weak price up Shortby vangphanyamoularat1
The Golden Air Force controls the main theme and takes advantage Your responsibility is your direction, your experience is your capital, and your character is your destiny. To live is not to win sympathy with tears, but to win applause with sweat. Struggle is not necessarily all for money, but also for the confidence, calmness and composure in your bones. You can afford what you like, go where you want to go, take the responsibilities you should take, spend your own money, live a quality life, and be an irreplaceable self. Gold is currently falling from the high point of 2450, and quickly fell to around 2325, with a drop of more than 120 points. The air force successfully reversed the situation. Subsequently, it rebounded to around 2365 this week for repair, but it hit 2360 several times and was blocked and fell back. Therefore, the empty position near 2360 that was publicly laid out by the entire network the next morning arrived at the target of 2345 for harvesting as scheduled Gold is now blocked and falling back near 2365, indicating that there is a large amount of short pressure above 2360. At present, it has fallen back to around 2332, successfully engulfing all the gains this week. Then the rebound repair has come to an end, and the Air Force will continue to move forward. After all, the high-level big Yin engulfing last week laid the foundation for this week's bearish outlook; MA5-MA10 moving average maintained a dead cross downward pressure, and it was clear that the 2450 peak signal was reached. The Air Force continues to control the main theme, so today's rebound operation focuses on the pressure around 2345, and the bottom focuses on the break of 2332, and the trend is bearish. Gold strategy: 1--short near 2340, stop loss 2347, target 2333-2327 Shortby Yuliya10Updated 6
Gold's last leg toward 2308 +/-. 30/May/24XAUUSD probably trending down toward wave (b) yellow of expanding flat (a)(b)(c)(yellow) in wave in b (blue circled). Probably a "good news" for gold on this coming Friday Core PCE Price Index. Shortby SteveTan4
XAUUSD on May 30, 2024, the rally is about to beginWith the wave 5 targets projected on the chart, we have 2 target zones: zone 1 is 2322.7 and target zone 2 is 2311.5. Today will release news on unemployment claims, preliminary GDP, and pending home sales, with forecasts worse than last period, if tonight's actual index reflects correctly. This seems to signal that the US economy is being affected by monetary policy due to maintaining current high interest rates. Tomorrow is an important day to announce the PCI index (Index of price changes and consumer goods purchased by consumers excluding food and energy). If this index cools down, it could influence the Fed to loosen current monetary policy. Looking back over recent times, we see that the CPI inflation index has begun to show signs of decreasing, combined with economic pressure that may cause the Fed to decide to loosen its monetary policy, especially tomorrow if PCI index cooled down. Looking at H1, we see that the price has completed wave 4 and is continuing to complete wave 5. - We see that the current price has broken below the supply and demand balance zone as shown on the chart - With the wave 5 targets projected on the chart, we have 2 target zones: zone 1 is 2322.7 and target zone 2 is 2311.5. - We wait for the price to reach the 2322.7 or 2311.5 areas to find reversal signals to decide to buy.Shortby DEEKOPUpdated 4
USOIL/WTI - LongBullish divergence on 1H, 4H, 1D Trendline breakout Entry on retest at Fib 0.5Longby Mibbro2
Today is still a bearish day probably closing at $2327Volumes negative. The news in 3 hours time has already being accounted for in the last 24 hours. The interesting thing though is the 70% resistance line of the RSI does not get broken for the last couple op days which means the sellers will remain dominant in the gold market. This might remain the position for the next couple of days.Shortby wniebuhr0
XAUUSD- BUY OPPORTUNITY-KISSWould like to see a rejection act as support on the right shoulder also key 618 FIB LEVELLongby essencecoats0
GOLD Will Move Lower! Sell! Take a look at our analysis for GOLD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2,348.348. Considering the today's price action, probabilities will be high to see a movement to 2,288.590. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 225
Natural gasNatural gas is at the lowest price and the reason is the unprecedented heat in winter. Currently, natural gas is one of the suitable options for annual investment and the expected profit for it is +200%Longby sashacharkhchianUpdated 2210
Gold continues to sell accurately. The target is 2300 or lower Gold continues to create new lows this week. At present, many people may think that the market will rebound sharply again. I think it is difficult. Because there is no important news to drive the gold price up sharply. And the market is still in a downtrend. The trend is a sharp rise before the technical repair. In the short term, it is expected to fall below 2,300 points. Everyone should be mentally prepared. COMEX:GC1! OANDA:XAUUSD TVC:GOLD The current price can still continue to sell. The upper pressure is at 2345-2351Shortby AA_Jack0
World gold price today!Gold prices are currently facing fresh selling pressure around $2,330, extending the earlier decline seen on Thursday morning. The continuous rise of the US dollar has put downward pressure on gold prices. Investors are eagerly awaiting a series of new economic data from the United States and several speeches from Federal Reserve policymakers, hoping to glean new policy signals to determine the trend for gold prices. by Trader_BrianFX114
XAGUSD continues to give excellent set-ups to trade.Silver (XAGUSD) couldn't have gone better on our last signal we gave (April 17, see chart below) as it did give us the pull-back inside Resistance Zone 1 that we wanted in order to buy and immediately rallied to the top of the Channel Up to hit our 32.00 Target: Since the break-out, the metal entered a more aggressive Diverging Channel Up (blue), which after a Higher High, it pulls back to the 0.618 Fibonacci retracement level and then rallies to the -0.5 Fib. As a result, we will wait until the price approached the 1D MA50 (blue trend-line) again as it did on May 02 and then buy, targeting 35.000 (just below the -0.5 Fib and at the Top of the Channel Up). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot10
Closing my Selling order in Profit / #44 Profits rowAs discussed throughout my yesterday's session commentary: "My position: I have engaged new Selling order with #2,352.80 entry point (optimal Target remains #2,300.80 benchmark). Unfortunately I didn't closed my yesterday's Selling order with #2,356.80 entry point on #2,342.80 (was in decent Profit) as I believed that Selling sequence has to continue towards #2,300.80 benchmark however DX suffered strong hits and Gold reversed and hit my breakeven Stop." I have closed my Selling order (#2,352.80 - #2,340.80) which delivered fine #12-point Profit, and on a pullback to #2,344.80, throughout the same session, I have re-Sold Gold on #2,344.80 and kept the Selling order with #2,300.80 benchmark Target which is currently running in excellent Profit. I am on #44 Profits and #9 Stop hits regarding October - May cycle. Technical analysis: Gold has hit and reversed near the #2,350โs, April #26 - April #29 local peak which is currently posing as an Resistance zone. I spotted necessary consolidation on Daily chart after the latest #2,340.80 Support break (in the same manner representing yesterday' session Lowโs), in a candle sequence that resembles the sideways motion from April #23 on Gold. This suggests that Technically, Hourly 4 chart canโt stay Neutral anymore and should turn Bullish or Bearish, picking a side and revealing major move any moment due to the Bullish Fundamentals and now on critically Bearish Technicals readjusted over-night. This slowdown on Daily chart is also an indication that the Intra-day correction process is near the completion, as that the Weekly chart (#1W) is charging Medium-term Bearish reversal. A flat Trading session so far on Hourly 4 chart (with #2 minor spikes) which raises no further need for analytical approach than what Iโve already done as I firmly expect #2,300.80 benchmark test ahead. Only #2,324.80 - #2,327.80 Support zone stands between #2,300.80 benchmark and current Price-action. My position: I am Highly satisfied with my recent Selling orders as I am keeping #2,344.80 re-Sell order from yesterday's session with #2,300.80 as an optimal Target.Shortby goldenBear881115
Closing my Selling order in Profit / #44 Profits rowAs discussed throughout my yesterday's session commentary: "My position: I have engaged new Selling order with #2,352.80 entry point (optimal Target remains #2,300.80 benchmark). Unfortunately I didn't closed my yesterday's Selling order with #2,356.80 entry point on #2,342.80 (was in decent Profit) as I believed that Selling sequence has to continue towards #2,300.80 benchmark however DX suffered strong hits and Gold reversed and hit my breakeven Stop." I have closed my Selling order (#2,352.80 - #2,340.80) which delivered fine #12-point Profit, and on a pullback to #2,344.80, throughout the same session, I have re-Sold Gold on #2,344.80 and kept the Selling order with #2,300.80 benchmark Target which is currently running in excellent Profit. I am on #44 Profits and #9 Stop hits regarding October - May cycle. Technical analysis: Gold has hit and reversed near the #2,350โs, April #26 - April #29 local peak which is currently posing as an Resistance zone. I spotted necessary consolidation on Daily chart after the latest #2,340.80 Support break (in the same manner representing yesterday' session Lowโs), in a candle sequence that resembles the sideways motion from April #23 on Gold. This suggests that Technically, Hourly 4 chart canโt stay Neutral anymore and should turn Bullish or Bearish, picking a side and revealing major move any moment due to the Bullish Fundamentals and now on critically Bearish Technicals readjusted over-night. This slowdown on Daily chart is also an indication that the Intra-day correction process is near the completion, as that the Weekly chart (#1W) is charging Medium-term Bearish reversal. A flat Trading session so far on Hourly 4 chart (with #2 minor spikes) which raises no further need for analytical approach than what Iโve already done as I firmly expect #2,300.80 benchmark test ahead. Only #2,324.80 - #2,327.80 Support zone stands between #2,300.80 benchmark and current Price-action. My position: I am Highly satisfied with my recent Selling orders as I am keeping #2,344.80 re-Sell order from yesterday's session with #2,300.80 as an optimal Target.Shortby goldenBear886