2025-05-31 XAUUSD Bearish Count: Up then Down- This is the updated count of Gold - Price recovered from the swing low and it necessitate a recount. - Currently expect correction higher for Wave 2 - This will coincide with Friday and end of the month. Those days usually find strong buyers.by actualAntelope547900
XAU/USD INCOMING SELL Gold price is consolidating the previous bounce but remains confined in a narrow range near $2,350 early Friday. Gold price awaits the highly anticipated US Core Personal Consumption Expenditure Price Index, the Federal Reserve’s preferred inflation measure, for a fresh directional impetus. There will be more supply of Gold @2362 area due to less demand price should drop to equilibrium before any further decision Billionaire_charts_ Beyond Tradingby Jerryblaz_111
USOIL nearly looking for target Hey there on 1hTF the USOIL has looking for all target completed target So we can observe the oil look for upside and then will drop continue Shortby DvsTraderfirm0
Today's trading strategy, sell XAUUSDWorld gold prices increased slightly with spot gold increasing by 5.7 USD to 2,342.6 USD/ounce. Gold futures last traded at 2,364.5 USD/ounce, up 27.6 USD compared to yesterday morning. Gold prices reversed to increase after the latest published data showed that economic growth in the US has slowed down from the beginning of the year until now. According to preliminary data on first quarter GDP released by the US Bureau of Economic Analysis on May 30 (US time), the US economy achieved growth of 1.3% in the first 3 months of the year, lower than the previous quarter. The previous forecast was 1.6% and down from 3.4% reported in the fourth quarter of 2023. Both the dollar and Treasury yields fell on expectations the US Federal Reserve (Fed) will cut interest rates this year increased after the report. ActivTrades senior analyst Ricardo Evangelista said that recently, traders' views have increasingly favored the scenario that the Fed will keep interest rates higher for longer, increasing the opportunity cost of holdings of the yellow metal and creating strong price resistance. However, this expert said that gold has benefited from strong safe-haven demand due to fears of geopolitical instability and economic instability, as well as large state purchases. He hopes that these factors will likely continue in the near future.Shortby FalCol_TradingMasterUpdated 4
NQ Power Range Report with FIB Ext - 5/31/2024 SessionCME_MINI:NQM2024 - PR High: 18592.75 - PR Low: 18557.75 - NZ Spread: 78.5 Key economic calendar events 08:30 | Core PCE Price Index 09:45 | Chicago PMI Value decline back into May 17 lows - Extending from 19000 pivot - Near daily Keltner 20 avg Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 226.73 - Volume: 36K - Open Int: 253K - Trend Grade: Bull - From BA ATH: -2.4% (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
"HOT UPDATE: XAUUSD MODESTLY RISES, US PCE DATA ATTRACTS ATTENTIWelcome investors to today's market update, where we will delve into the developments of the XAUUSD forex pair. The XAUUSD currency pair is drawing special attention from the Forex trading community. Meanwhile, data on the Personal Consumption Expenditures (PCE) index of the United States is also the focus of the market. XAUUSD has experienced a modest growth phase, with gold prices edging slightly higher against the US dollar. Today, global gold prices have seen a slight increase of 0.11%, equivalent to a rise of 2.62 USD/Ounce. However, the Relative Strength Index (RSI) over the past 14 days fluctuates around the midpoint of 50, indicating a lack of direction in gold prices, with further consolidation seeming favorable. Based on US PCE data, forecasts for the XAUUSD market could see significant fluctuations in the near future. If PCE data exceeds expectations, it may lead to a decline in gold prices due to concerns about the Fed possibly raising interest rates sooner than expected. Thank you to our esteemed readers for following today's world gold bulletin. Join us as we continue to provide the latest and most accurate information about this market." by Jesscica6
Gold Prices Edge Up SlightlyHi guys, this is my overview for XAUUSD. Gold prices are exhibiting a slight upward trend this morning. Global gold prices have increased by 0.16% compared to yesterday, reaching $2,342.52/ounce. The primary drivers behind this price increase are concerns over high inflation and geopolitical tensions. However, the upward momentum of gold prices could be restricted by the pressure from interest rate hikes by the US Federal Reserve (Fed). What are your thoughts? Let's discuss and share your opinions in the comments section below!Longby Rena_Potter1
GOLD H2 route mapIn this analysis, we'll be focusing on the H2 timeframe for XAUUSD, with key levels at 2331.00 and 2320.00 If the price breaks above 2331.00, the target is set at 2348.00, indicating a potential upward movement. Conversely, if it breaks below 2320.00, the sell target is identified at 2306, suggesting a bearish trend. Let's delve deeper into these levels and potential outcomes.Shortby TradeTacticsrealUpdated 5
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 6
SUPPLY AND DEMAND / SMC CONCEPTIn daily timeframe we have POI zone and inside the daily POI zone we have two supply zone. Recently market break the previous high so BOS was formed. once the BOS was formed market will come back to take the inducement. after taking the inducement market will make another higher high which indicate that market is in bullish trend. In this analysis, we'll be focusing on the H1 timeframe for XAUUSD. We are looking for SELL opportunity from supply zone area (2392 - 2400). If the market price reject (2392 - 2400) supply zone area, than we go for sell and the target is set at 2380.00. But if market price break the area of supply zone toward upside than market price will go further in upward direction and we have another supply zone area at (2410 - 2416). Let's delve deeper into these levels and potential outcomes . Without any confirmation we can not execute our trade. IN DAILY POI ZONE WE HAVE TWO SUPPLY ZONE: Supply zone(1) key level: 2392 - 2400 Supply zone(2) key level: 2410 - 2416 ---------------------------------------------------------- BREAKER BLOCK KEY LEVEL:2380 -2375Shortby TradeTacticsrealUpdated 4
SUPPORT AND RESISTANCE / PRICE ACTION✅Gold managed to create a New All-Time High(ATH) at the beginning of the week. 🏃♂️Currently, Gold is moving near the 🔴PDL previous day low 🔴. 🌊According to the SMC / ICT concept, when market price sweep the liquidity, once the sell side liquidity has been swept completely then market will move further according to the direction of the trend. 💡Also, we can see Bearish momentum is very strong. 🔔I expect Gold to continue falling to at least the 🟢SUPPORT AREA🟢. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions.Shortby TradeTacticsrealUpdated 7
TRENDLINE SUPPORT / PRICE ACTIONIn this analysis, we'll be focusing on the H1 timeframe for XAUUSD, In this analysis we have trendline support and also we have ( S1,S2 / R1,R2 ) levels. If trendline breakout is real than price goes toward the S1 level. Conversely if it break below the S1 level than the price will reach at least S2 level. If trendline breakout was not real than after confirmation we look for buy. Let's delve deeper into these levels and potential outcomes.Shortby TradeTacticsrealUpdated 5
XAUUSD POTENTIAL SHORTXAUUSD has pulled back to the 61.8 zone with bearish rejection indicating a sell off. I am expecting price to fall below 2320.00. Use proper risk management while taking this trade and do your own analysis before taking this trade. Shortby fxdonno1
5.31 GOLD strategyBased on the information you provided, here is the translation: Yesterday, we exited our short position at the profit-taking point based on the support level given by the 1-hour chart. Now, as the gold price continues to consolidate at a high level, the resistance levels on the 1-hour and 2-hour charts remain valid. We need to wait for the price to rebound to the resistance level before entering a new short position. If there is an effective breakout, we should switch to a long position. 1-hour resistance: 2352 2-hour resistance: 2360 4-hour resistance: around 2373 As for the monthly chart mentioned a few days ago, today is the closing day. If there is no significant surge in the last trading day, it will form two long wicks, which indicates a potential for a larger price correction in the later period. This needs to be noted.by nickmc10201
GOLDThis Weekly FORECAST Opportunity for GOLD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN3
Analysis of XAUUSD intraday, ranging market today👋Hello Traders, Our 🖥️ AI system detected that there is an H4 timeframe is in ranging market right now and move between the supply zone and demand zone today before news. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!by ICT_Trader_SB0
Gold Xau usd broken bullish momentum opens much deeper targets Following my successful today's trade on FOREXCOM:XAUUSD , price action overpassed the bottom of the zigzag structure. I am expecting a limited pullback to the 2329 price area before going further south Shortby parisseineUpdated 0
*Investors, Heads Up| XAUUSD Breakout Alert*📣 Traders, take note! 🚀 XAUUSD is soaring, hitting new peaks with accuracy! 💫 Check this out: 🔍 XAUUSD Analysis: 📈 Battling within the 2341 to 2348,7 range. 🤔 Will it break through? 🔻 Bearish Alert: 🔻 Watch for potential declines if it falls below this level! 🎯 Targets: 2337, 2335. 🔺 Bullish Alert: 🔺 Look for buying opportunities if it breaks above! 🎯 Targets: 2353, 2355. 💡 Join the Conversation: 💡 Share your insights as we explore this dynamic market! 🎤 Let’s reach new milestones together! 🌟🚀by hanalyeeforex0
NQ1! - SELL Looking very weak Return to Previous Level Pattern clean Support RSI Multi Indicator all Down Ultra Metre All Red Quick Scalp Shortby NZ_Shareman0
Chart Pattern Analysis Of DX1! K1 and K2 is a strong bearish dark cloud cover pattern, If the following candles couldn’t close below K2 to verify the strong momentum. It will be a good place to buy here. If the following candles close upon the resistance, It is a second good place to buy in. K2 is also a potential right top of a large scale bearish double top pattern. If K3 rebound under low volume, It will be a good place to sell it there. Buy-105.5/Stop-105.3/-Target-110Longby nothingchangehereUpdated 1
SILVERI can see silver is up trend. Maybe it will take a week or more than that. Only for technical analysis. Note not yet fundamental analysisby ISLAMFOREX1300
ZM1! INTRADAY IDEAafter big bearish momentum last candle retracement will happen. Trading plan intraday looking for long around $363.8 and take profit about 40tick (green zone) or set break even SL. after that looking for short at zone (red box) to fullfill the imbalance/FVG candle TP at the swing low. TAYOR by shahfx930
long on nas100Looking for a lower high to be made noting it went down a bit Im still thinking its gonna retrace and then keep goingLongby Eternalxl0