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
I will be interested in the shorts on the top of the rangePrice is stuck in the range I will be shorting once it gets back to the highs and HTF level. Detailed explanation Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Follow me for daily updates. by Dave-FX-HunterUpdated 5
XAUUSD TRADE SETUPwait for bearish momentum then take a trade for Sell otherwise skip this setupby JinnatAlamSumon4
Xauusd Xauusd broke and retest the resistance area and on the higher time frame de market is still giving a bullish momentum Longby Greatvic0014
XAUUSDXAUUSD price is near the support zone 2280 - 2267. If the price cannot break through the 2267 level, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324Updated 22
GOLD ( PPI ) (INTIAL JOBLESS CLAIMS )XAUUSD HELLO TRADERS Tendency the price is under bullish pressure at 2,304 $ Turning level : The turning 2,304 $ , so as long as the price above this level, there will be a bullish trend resistance level : the trading above the turning level 2,304 $ , the price will rise to 2,342 $ , price stabilize this level , there will be reach to 2,360 $ and 2,388 $ support level : The trading stabilizing below 2,304 $ , the price will reach the support level of 2,278 $ and 2,259 $ corrective level : price will attempt 2,304 $ , correct itself before rising * today , we have some news PPI and INTIAL JOBLESS CLAIMS , In my opinion negative for USD I WISH YOU A PROFITABLE DAY Longby ArinaKarayi5
Gold's long-short transition is fickleTechnical analysis of gold: From the short-term market after the opening of this week, gold was under pressure at the 2330 US dollar line on Monday and fluctuated and repaired. The low point at midnight has retreated to around 2309. Although the retreat space is not large, the rhythm of continuous repair has already slapped the abnormal pull-up behavior last Friday. According to the current gold operation structure, the upper 21-day line and the middle track of the daily chart 2330-32 have evolved into short-term suppression, and the short-term weak intraday shocks. If it closes below the 5-day and 10-day lines 2316 again today, the daily K-line will be a short-side cannon with two negatives and one positive. This position is close to the 61.8% split position of the rebound of last Friday's gains; if it cannot hold here, then it may increase confidence in the bearish pattern in the future market, and it can continue to be bearish. If it can break through and stand on the middle track 2330 again, the bulls will also have the opportunity to test last week's high of 2341 or even higher, otherwise it will still be a weak and volatile market. It is expected that the price will continue to decline after the adjustment, and several Fed officials are currently sticking to the expectation of only one rate cut this year, which is also bearish for gold. Therefore, the operation is still mainly short. You can refer to the 2328-2330 area to enter the short position and look at the 2300-2305 area. On the whole, the short-term operation strategy for gold today is to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper resistance of 2328-2330 is the first line, and the short-term focus on the lower support of 2305-2300 is the first line. There is no 100% correctness here, only a steady operation strategy. Large warehouses are for trends, small warehouses are for swings, and you control the proportion yourself. There is no investment that does not make money, only unsuccessful orders! Whether you make money depends on the timing of buying up and selling down. Making money depends on opportunities, investing depends on wisdom, and financial management depends on professionalism.Shortby Kevin-TradersUpdated 5
Trading Strategy for Gold as of June 2024Strategy Name: Simple Xtrade Trend Master (SXTM) Overview: The Simple Xtrade Trend Master (SXTM) is an elegantly designed trading strategy tailored for the gold market as of June 2024. By focusing on trend-following techniques and ensuring perfect execution, the SXTM strategy aims to achieve a target profit of 200 pips per trade. This strategy combines simplicity with precision, providing traders with a clear and effective path to consistent profitability.02:15by Simple_Xtrade5
GOLD UPDATE 17/06/24 - 21/06/24- Gold prices remain under pressure, continuing their bearish trend after a steep sell-off last Friday. Today, gold prices fell as the U.S. dollar strengthened. This rise of 0.1% in the dollar makes gold more expensive for holders of other currencies. - Technical View The key level is 2,234. A sustained move under $2,344 will signal the presence of sellers. If this creates enough downside momentum, then look for the selling to possibly extend into the last swing bottom at $2,277.34. This could trigger an acceleration to the downside with the next target bottom at $2,146.15.by GOLDFXCC4
Xauusd short setupXauusd has been ranging between 2300 and 2340 since a week now. This range is a no trade range for me unless it breaks the above resistance and than come back down trading in this tight range is just gambling because we don’t know clear trend now. Take sell position @ 2341 only if the price goes above 2341 than come back to this price level. With tps on chart and sl 2351Shortby Ats9Updated 4
Xauusd sell idea Due to the failure of the trend line, a bullish view has been created in the market, which seems to be temporary, and we have a drop in the price. Either from this point or from a higher pointShortby ho3ein274
Gold can see two ways today Hey there on 1hTF the Gold has looking for two ways to move theirs target So if the price cross 2316 and 2323 then we have a see further touch upside resistance 2340 level OR If the price drop again below 2300 so we could also seems downside breakout area 2276Longby DvsTraderfirm4
Wich way will gold break out?Gold moving inside a channel atm. Buying and selling intraday is preferable. Depending on wich side gold breaks out(Only with proper cinfirmation) We follow that route. After breakout we might expect a big move ahead. Bullish target 2355. Bearish target 2288 Resistance: 2332, 2340, 2347,2354 Support: 2321, 2315, 2395, 2387by ForexGoldIntraday5
XAUUSD Long Opportunity Gold is currently reversing from 2319 towards mitigation zone at 2336-2340, we expect this level to be tapped before further downside is presented.Longby trenderfxUpdated 4
XAUUSD:17/6 Today's Analysis and StrategyGold prices are showing a downward trend after a sharp rise last Friday and are currently trading around 2318. With a bearish crossover of the moving averages and a bearish signal from the relative strength index (RSI), gold prices are once again facing the test of 2300 and 2277. From a technical analysis perspective, the short-term technical outlook for gold prices is still in favor of the bears. The upside for gold prices is limited by the confluence of the 21-day moving average (SMA) and the 50-day SMA near 2345. The 14-day RSI remains below 50, close to 48.00, while the 21-day SMA crossed the 50-day SMA from above to below at the close of last Friday, forming the so-called "death cross". Gold technical analysis Daily resistance 2340-70, support 2277 Four-hour resistance 2328-40, support 2307-2277 Gold operation suggestions: Today's gold price fell directly from Friday's closing price of 2332. The current lowest price has reached 2314. The key support below is around 2314, which is the current watershed of gold price strength. At present, the overall market is still in the 2310-40 oscillation range. The focus on the upper side is the 2335-40 line suppression. If this high point is reached, short selling can be considered. The recent market focus only needs to pay attention to the breakout of the large range of 2300-2340. SELL:2340 near SL:2345 BUY:2277 near SL:2274 by ActuaryJUpdated 5
XAU/USD PLAN TODAY....Information:- Gold Prices Fell,Due to Woreries About Fed Interest Ratees,Gold Prices Started the new downtrend Geopolitical risks and Political instability Could Support The Safe -Haven Metal. The Fed Lowerd its rate cut forecast from three to one,resulting in higher US Treasury Bond yeilds and a stronger dollar (USD) .this caused caused traders to move away from Gold,which doesn't offer yeild . Personal Information Price sideways,cumulative price range,around $2300-$2350 SET UP:- SAFE BUY ENTRY-ZONE $2307-$2304 TARGET :-2310 TARGET:- 2320 TARGET:-2325 SL:-2299 SELL ENTRY:-ZONE 2340-44 TARGET:- 2335 TARGET:-2330 TARGET:-2325 SL:- 2349 wishing You a profitable trading day,Don't forget Oliver's words that, dicipline, patience and managing the capital these are the factors that can make victory possible.💗Longby Oliver_Targets4
XAUUSD - 15m Sell ScalpOn the 15-minute chart, XAUUSD is breaking below crucial support trendlines, suggesting an increased bearish momentum. The weakening support, indicated by the failure to sustain above these trendlines, points to a potential decline towards lower support levels. Traders should be cautious as the breakdown may accelerate selling pressure, leading to further downward movement in the gold price. Monitoring the price action closely around current levels could provide insight into whether the bearish trend will continue or if a short-term consolidation might occur before any recovery attempts.Shortby Sober_TradingUpdated 5
Gold's alt view. 13/June/24XAUUSD possible wave counts. There will be more floor than ceiling so Shorting from swing high is better idea.by SteveTan4
Selling on gold UPON PRICE ACTIONIN view of PRICE ACTION gold is making higher low and lower low now it has made of new higher low before making a new lower low it has to retrace first upto previous lower low before BOS And it retraced to that region even it retested that region which is in favor of selling gold Shortby noob_qasimUpdated 5
XAUUSD: Thursday 13/6 Analysis and StrategyGold technical analysis Daily resistance 2328-40, support below 2277 Four-hour resistance 2328-40, support below 2307-2277 Gold operation suggestions: On Wednesday, the US May CPI data was lower than expected. Gold was boosted by the unexpectedly weak US CPI report and hit the $2340 line. Later, it fell back due to the hawkish signal of the Fed's latest interest rate forecast, but the daily line still rose, rising for the third consecutive trading day. The gold daily line fell back after reaching a high. The daily line has experienced a rebound for three trading days. Yesterday, it was accompanied by a shock wash method of first touching the high and then under pressure. The previous rising neckline position of 2280~2290 will be repeatedly tested. Although the overall price of gold has entered a rebound rhythm, 2340 will become a strong resistance area for short positions in the short term. If it rebounds to 2340, it will be bearish first. The support below is around 2307. Secondly, if the weekly support of 2277 breaks, it will look at 2200. The short-term watershed between long and short positions is 2340. Before the daily level breaks through and stabilizes this position, the suppression and bearish rhythm will continue to remain unchanged. SELL:2328 near SL:2331 SELL:2340 near SL:2345 BUY:2277 near SL:2274 Technical analysis only provides trading direction! Shortby ActuaryJUpdated 4
XAUUSD H1 | Bullish Bounce?Based on the H1 chart analysis, we can see that the price is currently at our buy entry at 2312, an overlap support Our take profit will be at 2351, a pullback resistance The stop loss will be placed at 2287.63, which is a swing-low support High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM4