"Live Gold Trading: Real-Time Insights & Strategies for Maximizi🔹 Live Trading Expert | Gold, Forex, Crypto 🔹 Daily Market Insights & Profitable Strategies 🔹 Real-Time Trade Alerts & Analysis 🔹 Helping You Master the Markets 🔹 Follow for Exclusive Tips & UpdatesShort00:46by muntishabuilder1
xauusd cpi 12 june 2024 xauusd buy prediction was a nice setoff , cant wait to be doing things better , i think will see a higher price settling in later this year maybe 2500Long02:13by ebernezermahere1
XAU/USD BUYWe go again this week. I am seeing a nice Buy on gold. Lots of fundamentals this week but we see how it will play out. Remember to use proper Risk Management If you are just seeing this today, remember i give out signals at my entry level so that everyone can hop in and trade with me and the best part… I have a 80% win rate on Gold : So do make sure to follow so you don’t miss any trades Longby Persy263Updated 3
GOLD (XAUUSD) Long Idea (Until the end of the week)Despite the China news about gold impacted negatively, still the strength of the GOLD keeps alive as it follows the local ascending channel. The fall of the price took place as imbalance and the zone which should be fair value zone has to be hit at least until the end of the week. The target is shown on the graphs. Good Luck to ALL!!!🙌🏽❤Longby TetanForexUpdated 1
Xauusd intraday possible tradesXauusd has been consolidating between 2320 and 2305 since yesterday and there is no confirm trend as of now. Today is CPI so trade with caution as post cpi will be extremely volatile. Enter buy position @ 2320 after retesting, Tp1 2323, Tp2 2325, and tp3 2330 Enter sell position @ 2305 after retesting, TPS are horizontal rays on chart Sl according to your risk, my suggestion would be to risk only 2 or 3% of your account as today is CPI by Ats9Updated 1
Gold lacks upward momentum in the new dayDear traders! XAUUSD is consolidating above the $2308 level, but at the same time a descending wedge is forming. Theoretically, the price should break the support, which would constitute a breakout at the 2308 level. On H1, the support level 2308-2308 formed and the price has been pressing towards the support level for several hours, which increases the possibility of a break of the support level. But! If buyers hold this zone, the price could test the local high or 2325 before falling further. The dollar index is forming a correction from support, which is also creating a corresponding reaction in the gold market. A descending wedge is forming on H1. A break of support will provide impetus to lower levels. Resistance levels: 2318, 2325,2336 Support levels: 2308,2300, 2288,2280 I expect a correction following a break of rising channel support in the current wedge. Consolidation below this level would confirm that the market is ready for a correction. It is expected that this decrease will reduce the 2280 mark at least.Shortby ConanForexUpdated 202067
XAUUSD, Expecting first down move before upXAUUSD, Expecting first down move before up in M30 timeframeShortby ForexFeverYT0
USOil WTI Short 4Hour divergence- Trendline1. Market Analysis: Asset: USOil (WTI Crude Oil) Timeframe: 4-hour Pattern: Bearish divergence identified Additional Confirmation: Trendline resistance 2. Entry Criteria: Divergence Confirmation: Identify bearish divergence on the 4-hour timeframe using indicators like RSI or MACD. Bearish divergence occurs when the price forms higher highs, but the indicator forms lower highs. Trendline Resistance: Confirm that the price is approaching or touching a significant trendline resistance, which has been respected in the past. 3. Trade Setup: Entry Point: Place a sell order near the trendline resistance once bearish divergence is confirmed and there is a rejection from the trendline. You can enter the trade at the close of a bearish candle that forms near the trendline resistance. Stop-Loss: Set the stop-loss order above the recent swing high or slightly above the trendline to limit potential losses if the price breaks through the resistance. Take-Profit: Determine your take-profit target based on key support levels or a favorable risk-reward ratio. Consider using a risk-reward ratio of at least 1:2 to ensure that potential profits outweigh potential losses. 4. Risk Management: Position Size: Calculate your position size based on your risk tolerance and the distance between your entry point and stop-loss level. Ensure that you only risk a predetermined percentage of your trading capital per trade (e.g., 1-2%). Risk-Reward Ratio: Aim for a risk-reward ratio of at least 1:2 or higher. This means if your stop-loss is 50 pips above your entry, your take-profit should be at least 100 pips below your entry. 5. Additional Confirmation: Volume Analysis: Check for an increase in volume to confirm the validity of the bearish divergence and the potential for a strong downward move. Support and Resistance: Ensure that the trade aligns with key support and resistance levels on higher timeframes (e.g., daily or weekly). 6. Trade Execution: Place Orders: Set your sell order, stop-loss, and take-profit levels according to the above criteria. Monitor the Trade: Keep an eye on the trade to manage it effectively. Adjust the stop-loss to break even or trail it as the trade progresses in your favor if necessary. 7. Review and Adjust: Post-Trade Analysis: After the trade is closed, review the outcome to learn from the trade. Evaluate what worked well and what could be improved for future trades. Example Trade Setup on TradingView:Shortby MAAwan4
2 reasons for gold to reverse, 2 for continuing droppingReason 1 for bullish is, course picked up volume and reverses at daily floor. Secondly RSI in H4 is showing convergence, it could drop further along the floor and then take a turn around. Reasons to continue are first of all the liquidity gap below our range: As Gold had reached an all time high few weeks ago, it could look towards consolidating in a lower daily channel. Furthermore, momentum is incredibly strong at an Asian Market hour where less people are aware of the big moves happening. Another reason could be that all contracts from before were skipped in order to reach a lower range. As long as I do not see clear reversal structure in H1 I would keep looking out for shorts, as those have a higher probability to reach maximum distance. If course reaches below 2080 with candle close in a significant time frame, I am expecting further dropping towards 2011. (beware of fake outs)by UnderlayerUpdated 1
WTI ShortWTI short again. Yesterday had a setup but after reaching close to 2 R, it went against me and got stopped out. Today looking at this setup, only for a 2 R Shortby howard25350
Gold CPI Update 2313.00 - 2325.00Gold ready to fly 2325.00 level with cpi data if unfortunately broke 2313.00 support level wait retest the support area 2310.00 - 2313.00 for selling gold if broke 2319.00 level can go for buy order by chamitha451
US CPI Report Set to Influence Fed Decision and Market SentimentUS CPI Data Expected to Show Moderating Price Pressures Ahead of Fed Decision Key Highlights: Expected CPI Rise: The US Consumer Price Index (CPI) is forecast to rise by 3.4% year-over-year (YoY) in May, maintaining the same pace as in April. Core CPI Inflation: Annual core CPI inflation is anticipated to slightly decrease from 3.6% in April to 3.5% in May. Impact on US Dollar and Fed Rate Cut Expectations: The upcoming inflation data could influence the US Dollar value and market expectations regarding a September rate cut by the Federal Reserve (Fed). Detailed Analysis: Upcoming CPI Data Release: The Bureau of Labor Statistics (BLS) is set to publish the highly anticipated Consumer Price Index (CPI) inflation data for May on Wednesday at 12:30 GMT. This report is expected to bring intense volatility to the US Dollar, as any surprises in the inflation figures could significantly impact market expectations for the Federal Reserve's rate cut decisions in September. Inflation Expectations: Overall CPI: Expected to rise by 3.4% YoY in May, consistent with April’s rate. Core CPI: Forecast to inch down to 3.5% YoY from 3.6% in April. Month-over-Month (MoM) Changes: The CPI is anticipated to increase by 0.1% in May, down from a 0.3% rise in April. Core CPI is likely to hold steady at a 0.3% MoM increase. Federal Reserve’s Stance: In a recent moderated discussion, Federal Reserve Chairman Jerome Powell adopted a dovish stance, expressing lower confidence in inflation moving back down and suggesting it is unlikely that the next move would be a rate hike. Powell's comments came just before the April CPI data release, which showed softened headline and core inflation. Labor Market Impact: A strong US labor market report, showing a substantial increase in Nonfarm Payrolls and higher-than-expected Average Hourly Earnings, has tempered market expectations for a September rate cut. Despite earlier optimism for rate cuts, the robust labor data has led markets to reassess the likelihood of such cuts. Banks' Expectations for CPI: Goldman Sachs: Predicts CPI to be at 3.3% year-over-year, slightly lower than the previous month. JP Morgan: Expects CPI to remain stable at 3.4%, indicating no significant change. Morgan Stanley: Anticipates a slight decline to 3.2%, reflecting easing inflation pressures. Bank of America: Foresees CPI at 3.3%, aligning with a gradual slowdown in inflation. Analysts’ Forecasts: According to TD Securities analysts, core inflation is expected to slow to a "soft" 0.3% MoM in May, with the headline likely rising by a softer 0.1% due to a significant decline in energy prices. They also noted a potential for a dovish surprise with an unrounded core CPI forecast of 0.26% MoM. Conclusion: The upcoming US CPI data release is crucial, with potentially significant impacts on the US Dollar and market expectations for Federal Reserve rate cuts. A CPI reading in line with expectations could reinforce current market positions, while any deviation could trigger substantial market volatility. This comprehensive analysis outlines the expectations and potential impacts of the upcoming CPI data, providing valuable insights for market participants.Educationby SroshMayi4
"Gold Analysis: The Most Important News Day for the Market"💹 Let's fulfill the promise I made this morning and analyze gold for you. This analysis will also be updated next week 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone 500 Followers: Thank you all for helping this channel reach 500 followers! Our next goal is 1,000 followers. Let's keep growing together! 📰 Gold News Highlights: Investors are awaiting the U.S. consumer inflation data and the Federal Reserve’s (Fed) interest rate policy update. There is concern that inflation is not decreasing as expected, which may lead the Fed to delay interest rate cuts, potentially negative for gold prices. The market is uncertain if the Fed will cut rates once or twice this year, with decisions influenced by strong U.S. labor data and economic projections. China’s central bank paused gold purchases last month, but it’s believed that their diversification from the U.S. dollar is not over. Despite high prices, gold demand in Asia is increasing. 📊 Previous Analysis Recap: In our last analysis, we were mainly looking for long positions in line with the trend. After breaking the trendline and confirming with a candlestick, we could have entered a long position. Personally, it didn't move much for me, and my stop loss was triggered. 🏦 Now, you might ask why I didn't close the position while it was in profit. My answer is that within my strategy, I don't close any position before reaching a 2:1 risk-reward ratio. I prefer to get stopped out before that point and only activate the alarm on the target to decide at that moment. 📅 Weekly Timeframe Analysis: We are still in an uptrend on the weekly timeframe, but last week's candle closed with seller pressure as it has an upper shadow. This indicates that buyers tried to push the price higher but failed. If this week’s candle closes below 2286, we could see a correction to lower levels. 🔄 Daily Timeframe Analysis: On the daily timeframe, three days ago, the increase in the DXY (U.S. Dollar Index) and the strength of the dollar caused the last 10 candles to be engulfed, hitting the significant support at 2286. This led to a lower high compared to 2430, and if the support at 2286 is broken, we could be bearish in the short term and move towards the 2187 support. ⏳ 4-Hour Timeframe Analysis: In the 4-hour timeframe, after dropping to the 2290 support and correcting to 2320, we could see the next bearish move. However, much depends on today's news. Notice how the candles are consolidating, indicating that traders are waiting for the news release. 🔍 Trade Setups: For short positions, our support level is clear. After breaking 2290, we can open a short position to record the higher timeframe correction. For long positions, given the risk that the news might weaken the dollar, we can take a very risky long position with a tight stop loss after breaking 2320. However, if it were a normal day, I wouldn’t recommend this at all. 🚨 Important Reminder: There is a chance that today's news could cause sharp movements, leading us to miss entry points. Don’t worry or get stressed. Do not open FOMO (Fear of Missing Out) positions outside your strategy. Simply observe and learn from the experience. ⚖️ Key Levels: Supports: 2290, 2261, 2207 Resistances: 2320, 2362, 2439 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice . We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Shortby RealMRA11108
OIL: Day 3 breakout traders long in the market, DAY 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ no daily cycle Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout ✅ 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside ✅ Backside 4. THESIS: Long: secondary, considering the market still on the frontside move, no other strong reversal signal, I wouldn't exclude a potential trend continuation if market dump into the yesterday HOD, consolidating till 10:30am OIL news. Short: primary, although I don't expect a massime move till FOMC, the market pumped for 3 days, breakout as well the previous HOW. Currently the 3 session setup can setup for a scalp short, however, I will update the daily overview after the news release. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 8812
Middle East heats up, GOLD recovers despite USD strengthDespite the strength of the US Dollar, spot gold OANDA:XAUUSD still increasing strongly and stably. Growing expectations of interest rate cuts by the Federal Reserve and falling US bond yields have provided bullish momentum for gold prices. In addition, tensions in the Middle East have stimulated gold prices to attract safe-haven buying. Benchmark 10-year U.S. Treasury yields fell 3 basis points to 4.297%, the lowest since April, after the U.S. ADP jobs report was weaker than expected. Data released Wednesday showed U.S. companies added fewer jobs than expected in May, consistent with a recent cooling trend in the labor market. Data released Wednesday by the ADP Research Institute, a subsidiary of private employment agency ADP, and the Stanford Digital Economy Lab show the number of private sector jobs in the United States. rose 152,000 in May. The median forecast of economists surveyed was for a rise of 175,000. Markets speculate that the slowing economy will create conditions for the Federal Reserve to cut interest rates this year. Traders in the federal funds futures market are betting that the Fed will cut interest rates by about 50 basis points by the end of the year. Iran's latest threat: Israel must "pay with blood"! Summary of content related to the situation in the Middle East: Hossein Salami, commander-in-chief of Iran's Islamic Revolutionary Guard Corps, threatened to retaliate against Israel on Wednesday (June 5). Earlier this week, Israel launched an attack in Aleppo, Syria, killing an Iranian adviser. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, gold continues to recover from the technical level that served as support noted by readers in the previous issue at $2,324. However, the upward momentum is temporarily limited by EMA21, an important technical point that is currently acting as the nearest resistance. For gold to have enough technical conditions for a wider price increase in the near future, it needs to surpass the EMA21 level and then the target level is noted at the original price point of 2,400 USD. Currently, the trend of gold prices is mainly to increase with the above conditions for price increase. During the day, the uptrend of gold prices will be noticed by the following technical levels. Support: 2,358 – 2,344 – 2,340 – 2,324USD Resistance: 2,375 – 2,400USD 🪙SELL XAUUSD | 2381 - 2379 ⚰️SL: 2385 ⬆️TP1: 2374 ⬆️TP2: 2369 🪙BUY XAUUSD | 2338 - 2340 ⚰️SL: 2334 ⬆️TP1: 2345 ⬆️TP2: 2350by Xayah_tradingUpdated 1114
"Maximize Your Profits: Proven Gold Trading Strategies for 2024!Discover the best strategies for trading gold in 2024. Learn how to analyze market trends, identify key support and resistance levels, and make informed trading decisions. Whether you're a beginner or an experienced trader, these tips will help you succeed in the gold market. Short02:17by muntishabuilderUpdated 666
GOLD (XAUUSD): Ahead of CPI, FOMC & FED Rate Decision,Your PlanTraders, please keep in mind that we have important economic events such as the US CPI & FOMC, as well as the FED Interest Rate decision later today. Here is my analysis for GOLD before the news. The pair recently broke through a key daily support level, leading to a new lower low and a correctional move. On the 4H chart, a bearish flag pattern is evident. A break below the flag's support would indicate a strong bearish trend and trigger a sell-off. It's important to note that the previously broken support level now acts as a strong resistance level. On the other hand, a bullish breakout above the highlighted supply zone with a 4H candle closing above it would signal a strong bullish move.Shortby linofx1335
What could possible happen to GOLD this coming week?EIGHTCAP:XAUUSD GOLD outlook for the coming week. After a massive $82 drop from Friday, we are expecting to see a retracement towards the upside. Why? We need a narrative evidence for the market to go lower, and that will be either the 4H FVG, or the Daily Bearish OB. I will update a lower timeframe analysis for the context.by AVCDTraderUpdated 3
ALARK1! FuturesPrice is below 200 day MA we have long term trend which also correspondes with fib support levels.by ekgencsoy0
Gold Strong CPI and FOMC Data SetupHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexUniverse22
CPI + Fed interest rate decision ready to wait for the plungeIt is obvious that gold has been fluctuating and adjusting in the past two days, which is the same as we expected, but the amplitude is even smaller. The market rhythm is relatively slow, and it has been in a narrow range around 2315. Such a small fluctuation indicates that a big market is about to appear. Today is about to usher in the CPI + Federal Reserve interest rate decision. It is the calm before the storm, and the storm will rise. What kind of sparks will gold create today? From the daily chart of gold, it is already a head and shoulders top structure. There is still room for gold to fall. Now the top signs are still relatively obvious. At least don't chase more easily during the rebound. A big decline may come out at any time. From the 1-hour chart of gold, it can be seen that the rebound is weak. Gold has not been able to break through yesterday's high of 2320. The short-term 2320 line of gold still suppresses the rise of gold. In the short term, we will continue to pay attention to the resistance suppression near 2335, the starting point of non-agricultural data last Friday. The market changes rapidly, and the market is all current. At present, we still continue to be bearish. If there is any change in the trend of the data at night, we will make adjustments. If there is no accident, we will continue to sell today.Shortby Get-rich-signalUpdated 3
Sugar Futures Falling WedgeI think that the indicator I have developed is working really well in sugar futures. From this point of view and due to the fact that sugar futures have a wedge, I think that there is an initial upside potential of 7% and then if the wedge is broken, I think that sugar futures can go up to $23.Longby YavuzAkbay0