Update After 2 hoursGold move down way it's Chance to freeze at 2328-2330 Closed at 2326/2323 Tomorrow we will see again gold price dip Longby Rabeka-fxmaster5
XAU/USD Market Analysis PlanDate: 17/06/2024 - This analysis is a case study only, a study of investment advice and does not provide signals to inform you of responsibility for the actions to be taken. ❤ Shortby Liquidity_Trap6
XAUUSD LONGLooking at 3 pairs for the coming week which will be the EURUSD,XAUUSD & XAGUSD but XAUUSD will be in major lookout .I'll be looking for buying opportunities to break through the previous higher high to take first profit at 2370.00 and add the last at 2400.80 Longby Walker20005
GOLD: Medium term bias change. FULL MultitimeframePlease see previous ideas for more context The biggest update from previous analysis is that we are becoming more bearish on MTF Because price didn't hold and didn't develop previous described reaccumulation, instead we see bearish internal start to hold itself ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Shortby Yelli_tradesUpdated 7713
Gold possible movewww.tradingview.com The XAUUSD has developed a symmetrical triangle pattern, with the price surpassing both the upper trend line and the 200-day Moving Average (MA200). The momentum indicator has also climbed above the 100.0 mark, potentially indicating the start of a short-term bullish trend. Trading Strategy: Consider a buy position for XAUUSD if it breaks out above 2335; Take Profit (TP): Target a take profit at 2350; Longby Goldxking6
SELL GOLDI am still bullish on gold up to 2357-2360 level which is my bullish target THEN I will be looking for sell positions at 2360. My stops will be above 2376 and my overall take profit will be at 2257. Always use proper risk management. Shortby GeminiWealthGroup5
Gold' probably more ranging time / shakeout. 19/June/24XAUUSD probably now in wave (c) ) yellow of bearish triangle on wave x (green) of double zig zag. Shortby SteveTan4
Xauusd Xauusd am expecting price to move up to the resistance and then we short Xauusd Shortby Greatvic0015
24 Hour TimeFrameMonday Gold Price will bullish first at 2340 or 2345 And drop full at 2315,2295 Ready for Monday profit Blues 💙by Fxtiger-targets674
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Hand and Shoulder Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 50.00%by ForexDetective6
Waiting for SELL XAUUSD In The Supply ZoneI see the potential to sell in the drop base drop (DBD) supply zone area, after the sideways market is expected to bull and enter the supply area. My plan is to SELL XAUUSD in that area, with the SL limits that I accept, with a target of 2R I think is quite realistic. Note: this plan is a XAUUSD trading idea. All risks are not our responsibility.Shortby AHAFX106
GOLD Will Go Up From Support! Buy! Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2,332.804. Considering the today's price action, probabilities will be high to see a movement to 2,352.917. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider116
Closing my Selling order / #51 ProfitsAs discussed throughout my yesterday's session commentary: "My position: As movement is within my Selling model, I will constantly re-Sell every High's which Gold delivers which is my proved Long-Year strategy. I have engaged new Selling order with #2,322.80 entry point, optimal Target remains #2,300.80 benchmark as my position is running in decent Profit currently. I do expect #2,252.80 benchmark test throughout this week so Trade accordingly." I have closed my Selling order (#2,322.80 - #2,309.80) on a fine #12-point run extending my results range to #51 Profits row and #11 Stop-loss hits regarding December - June cycle. Fundamental analysis: According to my preliminary expectations, Price-action was not able to close back above the #2,342.80 Resistance for the fractal and it was Natural to expect prolonged weakness on Gold. DX on the other hand reacted very negatively to Retail Sales numbers which limited Gold from further decline (as well as keeping Neutral Rectangle intact on Hourly 4 chart) and almost Bought back all previous losses. However, the underlying trend (Bearish) can be confirmed in the visible fact that Gold did not react as proportionally as it should to the fall of the DX (sequence last seen on June #15). DX may find Support within #104.700 - #104.800 creating a potential Double Bottom on Higher Low's. If this fractal develops, my Short-term Target of #2,252.80 benchmark can be reached within #1 - #3 sessions. Gold's Short-term gains are hindered by the MA on Hourly 4 chart successfully filled throughout yesterday's session and despite the formation of a Hammer candle on the Daily chart. My position: I am certainly enjoying the Price-action where my strategy (as well known Gold Seller) is continuously delivering excellent returns. I re-Sold Gold minutes ago on #2,335.80 session High's with #2,300.80 as my optimal Target.Shortby goldenBear886
XAUUSD TECHNICAL ANALYSISBoth Monday and Tuesday the market witnessed a ranging market between 2309 and 2332 area. today 19th June 2024 the us market is having a holiday so the market may lave low liquidity and may be high volatility. resistance zone: 2332- 2336 area. support zone : 2312-2306 area pivot 2322 as it is an area of high volume trades and also the 100 day moving average passes through this area. bullish targets: 2332 2336 2342 2348 2355 bearish targets: 2322 2318 2312 2306 2296 FOR MORE ANALYSIS MARKET RELATED NEWS UPDATES BOOST SHARE AND FOLLOW USby realmillionairefxUpdated 7
Gold buy follow upHere is a 1500p gold buy I opened according to my morning analysis. It was a successful and quick trade but to patience to get it. How was your trading today?Long02:28by DrBtgar6
XAUUSD: Bearish trend, target 2268 Gold found short-term support near 2300 and rebounded again. It is currently around 2330. The large-scale indicators show that the bullish force has not been fully released. There is a high probability that there will be another wave of upward market in the US market today or early next week. The strong resistance will be mainly concentrated around 2352. At that time, the release of bullish force will end and enter the buffer period. If the indicator cannot form a bullish trend again, the gold price will return to below 2300. The next short target will be around 2268. At present, my trading strategy will be mainly short.Shortby Allen_Ex6
Day 1 #Proptrader #SellGold 06/13/2024Price action is a technological analysis method used to predict future prices of any trading instrument based on its movement. I prefer the Fibonacci Retracement tool and get further confirmations by analyzing the data presented on candlesticks patterns in between timeframes, i.e. Daily, Hour-4, Hour-1, & 15 minutes. (All the data gathered does not guarantee 100% win on the trades. A proper risk management system and system would increase win rate) Today is June 13, 2024, Thursday, I started trading on Prop firm #Fundednext on #GOLD #XAUUSD.by Janaege5
gold sell gold is moving in a parallel bearish channel. now it is about to test its resistance horizontal line, so its time to sell the gold from its rejection zone to ride it till its next support zone.Short01:42by inambari5
2024-06-19 XAUUSD Bearish Case: Wave 2 Horizontal then Down- Wave 2 smaller degree is getting extended similar to previous correction - If price breaks previous swing lows impulsively, we can expect lower prices. - The risk reward is quite nice from here. Invalidation and stop loss is at 2388 - Move to the downside is supported by the fundamentals: Russia-Ukraine peace talks and stronger dollarShortby actualAntelope547906
Where my eye is at for Gold todayVideo isnt as good as it should be because it cut out when I was almost done and had to redo but focus, pay attention and get what I am thinking for today04:24by DrBtgar5
CPI and FOMC determine Gold price trend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is showing resilience below the $2,300 mark, with modest gains for the second consecutive day. Traders are eagerly awaiting the release of US consumer inflation figures and the outcome of the FOMC meeting, as these will provide insights into when the Fed will start cutting interest rates. This will have a significant impact on the future movement of gold. ⭐️ Personal comments NOVA: Gold price recovered slightly before today's CPI and FOMC news. With the high possibility that interest rate data will continue to remain unchanged, Gold prices are likely to still recover. Pay attention to resistance areas for prices to react at $2325, $2340. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2270 - $2268 SL $2263 TP1: $2280 TP2: $2290 TP3: $2300 🔥SELL GOLD zone: $2323 - $2325 SL $2328 scalping TP1: $2318 TP2: $2310 TP3: $2300 🔥SELL GOLD zone: $2338 - $2340 SL $2345 TP1: $2325 TP2: $2315 TP3: $2300 ⭐️ 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 131343
XAUUSD TRADE SETUPwait for bearish momentum then take a trade for Sell otherwise skip this setupby JinnatAlamSumon4
THE KOG REPORT - CPI/FOMCTHE KOG REPORT – CPI/FOMC This is our view for CPI/FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. In all honesty, we would prefer to let them move the markets today into the level they want, then look for a set up to get in on the retracement tomorrow. At the moment, due to CPI and FOMC being on the same day, it’s likely to be an extremely aggressive move. We’re going to put the KOG Report plan to one side for now, as the whipsaw can cause spikes and key levels turn to extreme levels and we’ve taken what we needed on gold for now. We have the range formed now and accumulation under way with sentiment standing at neutral. We have key level support below at the 2303-5 region, which if tapped could give a bounce upside, unless broken into the first key level 2335 which was on the KOG Report and then the extension of the move into the 2347-55 region. This is where there may be an opportunity to long into, or, on the flip capture the move downside into the immediate support levels, potentially even lower! If you look at the illustration on the chart with path, we have highlighted the extreme level above sitting at 2385-90, this for us is on the break and would be ideal. If they take it there, this is the level we want to watch and is sticking out to us as a potential curveball, so please be careful! On the flip, they take this down, we’ll sit back and wait, shorting with volume is a bad idea as the intermediate swings can go against you. So, we’ve highlighted the key levels below that have potential for a reaction in price. We’ve put this report together this time to show you what the market can be capable of if they really want to move it. The circles are our hotspots, together with our targets they will help us navigate the move. They will want to slip new traders up and get them trading with the candles, this is a recipe for disaster, on days like this quick money trades are not an option. It’s either above or below for us on this occasion, otherwise we’ll come back to gold tomorrow and make our move. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG by KnightsofGoldUpdated 3375