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Usdxau

XAUUSD 30-M LONG POSITION CHART SETUP XAUUSD 30-M Price has formed a strong bullish impulse, breaking above previous consolidation. The blue channel shows a steep ascending trend, indicating strong buyers in control. After the rally, price is now consolidating near the highs, which often acts as a continuation pattern. 🟨 Key Zones Yellow zone (around 4410–4415) → Previous resistance turned support. Price is reacting here, making it a good potential buy area. Purple zone below (~4370–4380) → Higher timeframe demand/support zone. 🎯 Trade Idea Shown on Chart The setup is a classic bullish pullback / continuation: Entry: ~4409 Stop Loss: ~4395 (below recent structure & channel support) Target: ~4435–4440 Strong bullish momentum & higher highs. Pullback to broken resistance (now support). Price respecting ascending channel. Consolidation suggests buyers absorbing sells before next push. wait and let's see what will next scenario position
OANDA:XAUUSDLong
by forexacademy6
1
Gold Futures (MGC) – Pushing Into New HighsPrice continues to climb into all-new highs with very little pullback, showing clear bullish momentum. However, structure is getting thin, and momentum could begin to exhaust soon. 🔹 Current Bias: Bullish — until 4H structure breaks. 🔹 Key Levels: ‣ W-H: 3928 ‣ D-H: 3916 ‣ D-L: 3861 ‣ Daily FVG: 3820–3720 💡 Notes: Price has yet to rebalance the large Daily FVG below. If we sweep external liquidity above 3928–3935 and fail to close strong, that could set up a pullback or even a deeper correction into the Daily FVG zone. Volume profile shows thin structure between 3860–3820 — if momentum fades, that area could act as a magnet for price. For now, the bullish pressure remains intact — but I’m watching closely for exhaustion signs or a liquidity grab setup at the highs. #GoldFutures #MGC #FuturesTrading #ICT #PriceAction #SmartMoney #DayTrading #NOFOMO
COMEX_MINI:MGC1!Long
by DWoodz
Gold Futures (MGCZ5) – H4 Gap in PlayPrice pushed aggressively bullish all day yesterday with little to no pullbacks. That momentum left behind a fresh H4 Fair Value Gap (FVG) sitting just above the Weekly High (WH) level. If we see a pullback into this area, it could offer a solid setup for continuation higher. ⚠️ Key considerations: If buyers stay strong, price may run liquidity above 3863.7 (D-H) before any meaningful retracement. If sentiment shifts, a deeper draw into the Daily FVG below 3764 remains on the table. With global uncertainty (military meetings, de-dollarization, possible U.S. shutdown), volatility risk is elevated. 🎯 Game Plan: Watch the H4 FVG near WH for rejection / entry signals. Bias remains bullish while above 3785 (D-L). Break below D-L opens the door toward the Daily FVG.
COMEX_MINI:MGC1!Long
by DWoodz
6
Gold Futures — Bearish Momentum Building After Fed CutGold continues to show weakness after the Fed’s 25bps rate cut. Price rejected the 1H FVG overhead and is pressing down toward yesterday’s low (3660). Key Scenarios: Bearish Case (favored): If we break and close below yesterday’s low (D-L 3660), sellers likely push toward the weekly low (WL ~3627). That move would clean up the liquidity pool and fill the H-TF imbalance. Bullish Case: Only if buyers defend the daily low and reclaim the 1H FVG with strength could we see price revisit 3710 (daily high). Momentum remains on the downside, with ADX > 25 confirming trend conditions. Watching closely for the daily low sweep and possible continuation.
COMEX_MINI:MGC1!
by DWoodz
SILVER'S TIME to TAKE BREATHER Fundamentals: Bricks buying and geopolitical tensions have kept Gold price elevated pulling up the silver price with it. I believe the Bricks meeting this Sept to be a selling event given that all of the purchase goals (for now) will be met by the meeting. Gold is the stronger of the two metals. I am leaning short Gold but I think silver has more downside potential given recessionary woes (industrial applications). Seasonal and Election: Looking back Sept-Oct are typically down months for metals. Technicals: The price is now up against heavy supply zone and major $30 psychological level. There is a head and shoulders pattern (4r) forming inside of a much larger head and shoulders pattern (2day) (See previous post). At the moment the price has failed to pop back up above the 4hr MA. It may recover. However, I will be selling into strength inside of the the supply zone with a stop on a 2day close above the $30.50 level. Fed Thoughts: The market has all but priced in a rate cut at this point. Every movement this year has been predicated on them (despite never materializing). I am of the belief that the cut itself will be a selling event regardless of whether or not we get a short lived rally. Expression: Given that I am skeptical on equities and bearish Silver I will be shorting SILJ given that it has a history of outperforming to the downside on Silver draw downs. In addition, the upside/risk is limited (as much as it can be haha). Major funds are not investing in juniors. They have and will put capital into majors like GOLD and NEM if metals continue to push higher. In addition, miners are not experiencing the upward pressure that Gold and Silver have because central banks and foreign buyers (the reason for the rally in metals) are NOT buying miners, they are buying physical metal. PAAS is also a strong short candidate. It is a basket case (major earnings miss) and will outperform to the downside.
VANTAGE:XAGUSDShort
by TheSilverOracle
2
GOLD Scalp buy!Hi Team This is a quick one - don't miss out! Within a corrective ABC channel, we have good confirming rejection. With FED coming up, I expect this to be a retracement before a significant drop following the expected USD rate hike. I am going to take this buy with SL below the structure, looking for closure in the sell region marked in red. I will post a short closer to that time. Like what I do? Like, comment, share - I appreciate you! Good luck, trade safe. DrBear
OANDA:XAUUSDLong
by DrBear
1
ETH may be starting its catch up runEthereum usually follows the movements of Bitcoin. However, in the last 18 days, Bitcoin has had a massive run while Ethereum has stayed proportionally behind. BTC has gone 75% over is previous ATH while ETH remains 45% under its ATH. Suppose we are about to see a catch up run like in 2017. The gold denominated resistances are 20grs and 33grs. At current prices that is $1,220 and $2,013 respectively. A run for the 2,000 dollars area could take the ETHBTC pair above the channel it's been for two years. The idea of using resistances denominated in dollars-per-grams-of-gold is to account for the depreciation of the dollar.
BITSTAMP:BTCUSDLong
by givanse