CFDs on Gold (US/OZ) UP to 2353$Hello, We've identified a current opportunity to buy CFDs on Gold (US/OZ) with a high probability and a favorable risk-reward ratio of over 2 in the Daily chart. Our target is $2353 in this week (Swing trade). IbrouriLongby Abdessamadibrouri1
XAUUSD UPTRENDXAUUSD UPTREND Take the support and resistant zones into consideration, you can see that it's the best time to open long position. Good luck :)Longby babakazar30Updated 1
XAU/USD Technical Analysis - 2H Chart: Bullish Breakout Hey traders, here’s the scoop on XAU/USD: Analysis Overview: ✅ Trend and Price Action: The price is currently trading around $2,309.17, just above the 21 EMA (yellow line at $2,310.23). There's an upward trendline providing support, indicating potential bullish momentum. Key Levels: Support: $2,306.02, $2,287.80 Resistance: $2,322.24, $2,350.38 Entry Strategy: Long Position: Look for a pullback to the support level at $2,306.02 and ensure a strong bullish candle closes above the 21 EMA ($2,310.23). That’s your potential entry point confirming bullish momentum. 🎯 Profit Targets: Target 1: $2,322.24 Target 2: $2,350.38 Risk Control: Stop-Loss: Set your stop-loss just below $2,306.02 to maintain a solid risk/reward ratio. This will protect you in case the market decides to turn bearish. Monitor price action closely. Trade smart! 📈Longby SheenaL1
Gold | Rising Wedge Pattern!GOLD is forming Rising Wedge pattern which indicates further downward momentum. Break out and retest is already observed and further downward is continue currently. The pattern completes at 2,161 which is the trend line support of the price. This is just my observation, do your analysis before take long or short positions.Shortby mbaberhanif1
XAU/USD: Will Gold Prices Continue to Decline or Rebound?Hello everyone, today let's join Rena to review some information and predict the trend for gold (XAU/USD)! Currently, gold is trading around 2,320 USD/ounce. If gold maintains above the support level of 2,300 USD/ounce, we might see a recovery towards the resistance level of 2,340 USD/ounce. Today's trend may continue to decline due to the strengthening USD and rising U.S. Treasury yields. However, if U.S. economic data is weaker than expected or there are new geopolitical factors, gold prices may rebound. What do you think about this prediction? Will gold prices continue to decline or will there be a rebound? Share your thoughts and let's discuss! Shortby Rena_Potter2
XAUUSD : Gold is focusing on Fed interest ratesThe world gold price recorded at 09:30 on June 11 according to Vietnam spot time was around 2,302 USD/ounce, down 8.50 USD compared to yesterday. Investors are trading cautiously as they wait for US inflation data and the US Federal Reserve's (FED) interest rate decision in the middle of this week. Derivatives trading involves high risks and may not be suitable for all investors. Therefore, consider carefully whether this transaction is suitable for your financial situation or not. Trading advice is based on information obtained from trading services and statistics and other sources Blue Line Futures, LLC is bullish. We do not guarantee that the information is accurate or complete, as it should not be relied upon entirely. Trading advice reflects our good faith judgment at a certain time and is subject to change without notice. There is no guarantee that our advice will lead to profitable trades. All trading decisions will be made by the account owner. Past results do not necessarily reflect future results.by SantaTradeGoldUpdated 2
XAUUSD June 11, 2024 waiting for an opportunity to buy up?This week we have important news: CPI news. Last week's Nofarm newsletter provided indicators that allow the Fed to continue maintaining monetary policy as rising employment data gives the Fed confidence that people can still withstand tightening monetary policy. But with other recent data, the US economy is clearly being adversely affected by the Fed's monetary policy. On Wednesday, CPI news will be released and will clearly show us the Fed's trend in the near future. When the forecasted indicators are very positive for the Fed's work to control inflation. If the news is announced as expected, it could be a signal for the Fed to loosen its monetary policy. Looking at H4, we see the recovery after the sharp decline last week, signaling that wave 4 is forming. - Looking at the corrective wave structure, we see that there have been 3 corrective waves a b c and the current position of wave c has also reached the target area that we predicted the day before. - It is possible that wave C in the corrective structure or wave 4 as shown on the chart has now formed and we expect wave 5 to continue the downtrend. - Looking at the momentum of the H4 frame, we see that the H4 momentum has reversed to decrease in the overbought area, this reinforces the upcoming decline. - We measure the end target of wave 5 ending at 2 price target areas: area 2264 and area 2229. In the immediate future, we can look for sell down orders When the price continues to target wave 5, which is 2264 or 2229, we look for buy orders. Deekop's analysis is free from any personal bias intended to serve everyone. I can't always be right - no one can. But my analyzes reflect Deekop's meticulous assessment of the market situation in the medium and long term and nothing more to help people have the best trading plan.Shortby DEEKOP1
Gold prices may skyrocket this weekBuy 2322-2320 TP 2330 - 2345 SL 2310 Forecast James Stanley - senior marketplace strategist at Forex.com - is one of the specialists forecasting gold charges to upward push subsequent week: "I am looking longer-time period variety resistance, round 2,075 -2,082 USD/ounce for long run support". Sharing the equal opinion, Colin Cieszynski - Chief Market Strategist at SIA Wealth Management said: "I am positive approximately gold subsequent week. It looks as if gold is prepared for a technical recovery." In addition, thirteen Wall Street analysts participated withinside the Kitco News Gold Survey. Experts are drastically greater positive approximately the short-time period potentialities of valuable metals. eight specialists (accounting for 62%) count on gold charges to upward push better this week. Only analysts (or 15%) are expecting charges will decline. The last 3 people (equal to 23%) count on gold to exchange sideways subsequent week. Meanwhile, 216 votes had been solid in Kitco`s on line poll. Of these, 117 traders (equal to 54%) are expecting gold charges will boom subsequent week. Another forty nine people (equal to 23%) are expecting valuable metals will lower in price. While 50 people (equal to the last 23%) forecast that gold charges can be flat subsequent week./.by TheLeader_WOLF3
XAU/USD 17-21 June 2024 Weekly AnalysisWeekly Analysis: Analysis/Bias remain the same as last week's analysis dated 09 June 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish internal iBOS followed by a bullish swing BOS Most likely scenario would be for price to pull back following bullish internal and swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a blue vertical dotted line. Last week's expectation dated 02 June 2024 was for price to pullback following swing and internal pullback and print a bearish CHoCH. The forthcoming week's expectation is for price to print a bearish CHoCH to indicate, but not confirm bearish pullback. Weekly Chart: Daily Analysis: Analysis/Bias remain the same as last week's analysis dated 09 June 2024 -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish swing BOS. Swing low confirmed and adjusted with swing high yet to be established. Due to the news on 7 June 2024 whereby China halted reserves buying, Gold sold off, however, from a technical analysis perspective swing and internal structure remains bullish and we are in a Weekly and Daily pullback phase, which has been assisted by the news. Expectation is for price to continue bearish, react at discount of internal or swing 50% EQ (swing is marked in black, internal is marked in blue) before targeting weak internal high which is denoted with a blue dashed line. It would not be unrealistic if price continued bearish to the internal or swing low, react at daily demand level before targeting weak internal high. Daily Chart: H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price traded to the downside, however, price was unable to breach and close below weak internal low where we saw a reaction at a H4 demand level. Nonetheless, internal structure remains bearish, therefore, price should technically target weak internal low. Price could potentially continue to trade bullish, react at either premium of 50% EQ or H4 supply level before targeting weak internal low. Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase. Intraday expectation: Price to continue bullish, react at premium of 50% EQ or H4 POI before targeting weak internal low. H4 Chart: by Khan_YIK1
gold ideaThis Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingViewby kF_pippinright1
GOLD - Deeper correction coming!!FOREXCOM:XAUUSD had a nice $100 drop on Friday with a further correction likely of the next week, but with Inflation data & Interest rates this week it could get wild. Firstly i'm looking for a low to come in then I will look to Sell on the first decent PB. First target is the ABCD from the top @ around 2250 but then we could hit the 382 from the October low last year just above 2200. This is the key level for the bullish continuation. Enjoy the week. Shorter TF levels to watch posted later with points to watch this week. Shortby L_FUpdated 1
Gold - Point of bearish continuationGOLD is currently in a bearish trend, but it is experiencing a temporary pullback from its recent lower low. A potential Bat pattern is forming, with the Potential Reversal Zone (PRZ) identified at 2376.512. If the price reaches this level, it is likely that bearish momentum will resume.Shortby AnalytixEdgeByQasim1
Gold bulls still need to wait for the right opportunity, maintai**Last Week Review:** Last week experienced CPI and FOMC economic expectations, and the weekly plan was realized. After the CPI announcement, the market reached 2337 before the U.S. session opened, defining the week's movement as complete. The subsequent market retraced to 2298, showing a slightly bullish pattern, and tested the 2337 level again on Friday. (Personally, I found last week's market movements very interesting and worth reviewing.) **This Week's Plan:** 1. Resistance at 2348. If 2337 is broken, the target is 2348, which presents a clear profit point. 2. Support levels are at 2282 and 2260. 3. Monday's intraday plan for the European and U.S. sessions: Monitor the breakout of Friday's narrow range, 2324 to 2335 (very close to 2337). **Personal Judgment:** - Gold still has upward momentum at the beginning of the week. The U.S. dollar is expected to peak and retreat after reaching 105.8. - If 2348 is broken and continues to rise, monitor whether 2348 becomes a peak. A short position can be considered, with a stop loss set at the intraday high (not more than 5 to 8 dollars). **Special Situation:** - If 2348 peaks and falls back to 2260, this range might scare off bulls. Looking back at June 7th, the fluctuation was also within this range. Risk-tolerant investors can hold a small position on the left side. - 2260, 2220, and 2188 (extreme position) are good cost levels for holding positions. **Related Products:** - Continuously monitor the trends of gold, the U.S. dollar, and U.S. Treasury yields. Last week, there was a significant difference between the trends of the U.S. dollar and Treasury yields, with the dollar rising and yields falling. Pay attention to whether this situation will correct; otherwise, gold will be difficult to trade.Shortby Kafu1989Updated 1
Gold Rebounds with Potential for Further GainsGold has found short-term support near 2300 and has rebounded, currently trading around 2330. Major indicators suggest that the bullish momentum has not been fully exhausted. There is a high likelihood of another upward movement in the US market today or early next week, with strong resistance expected around 2352. At that point, the bullish momentum may wane, entering a consolidation phase. If the indicators fail to signal a renewed bullish trend, gold prices could drop below 2300, with the next short-term target around 2268.Shortby faruk401
XAUUSD (GOLD) Long Swing Trade IdeaGraphs may look a little bit messy. Main point is price got imbalance and we hope it to get back to the point. Because, at the fundamentals, USD only gets negative news which let us grab from the bottom. Bottom, here is the trendline which is strong support for us that keeps going for more than 2 months. We will approximately wait until the end of the month, if less, until the end of next week. Good luck!Longby TetanForexUpdated 1
Repeating big and small patterns on XAUUSDAs you can see on all time Gold, the pattern repeats in all timeframes. There is the exact same pattern for the weekly as for the daily and so on. The latest double peak repetition (in violet) looks like a repeating failing trend.. You know like the ones that alarm us to exit an investment early. Its possible Gold will not arrive at this high for a long while if the big pattern is really a double top. Get ready for many sells on Gold :)by Underlayer1
GOLD - SELLGold is in short term bearish trend: 1. Bearish Flag Breakout 2. ABCD Chart Pattern is continue. 3. Bearish Trend is retraced up to 50% of Fib Level. Shortby aliejaz7321
After CPI - Gold price returns to starting pointLast night time Gold had robust information however there wasn`t an excessive amount of movement. With Today's Price Trend and Model, I assume Gold will retain to Buy underneath the 231x Zone in line with the accrued factors of the Buyers. And Canh Sell Above the 233x quarter in line with the Trend Line in H4 and D1 > Please confer with modern-day buying and selling rate plan. Buy Gold round 2308>2312 SL 2300 TP 2325>233x Watch Sell Gold withinside the location 2337>2340 SL 2342 TP 2330>232x These are the rate stages I will look ahead to transactions. You can confer with and observe this framework to trade.by TheLeader_WOLF2
Will Gold's Uptrend Continue?International gold prices are currently trading around $2,330 USD/ounce, up slightly from the previous session. This increase is mainly due to expectations for the US inflation report and current geopolitical developments. If inflation data is higher than expected, gold demand could increase due to concerns about prolonged inflation. A strong USD could put downward pressure on gold prices, but the stability of inflation and FED policies will be key factors. What do you think about this prediction? Will gold prices continue to rise or will there be a correction? Please share your thoughts and join the discussion!Longby Rena_Potter2
Waiting for a confirmation on short for XAUUSDWaiting for a confirmation on short for XAUUSD. Once it breaks the immediate trend line to the down side and breaks below 2280.830.Shortby ceecide1
Free Entry by Contest Winning - Signals Provider :)Good Evening, I hope you find this entry helpful in your trading journey. Gold Sell Entry using my personally developed system! This is a potential active cycle to account flipping using my 5 years of experience, historic results have proven 25+ win streaks. Note: It is not guaranteed that every trade will be profitable. Shortby Extrq111
Gold Buying Probably LevelExpecting to get some movement from those zones . Let’s See the FOMC today Longby forexprankUpdated 1
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