GOLDgold dissolution 1 hour time frame Gold can fall for 1 hour by returning to the supply areaShortby m0neyminer5
XAUUSDWe are with gold rising to the points we set, the target being 2331 and then 2338, and if the point is broken, we target 2344 and 2354.Longby Alla_Jwaze6
XAUUSDXAUUSD is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the massive breakout from triangle wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 2400. What you guys think of this idea?by JustTradeSignals6
Daily live trade with XAUUSD in 15m/30m/1h 20240621Daily live trade with XAUUSD in 15m/30m/1h 20240621Shortby tradermongolia7
XAUUSD 4H . XAUUSD XAUUSD i see another impulse down coming I want to draw your attention to the fact that Gold forms an interesting triangle on the H4 chart. The triangle is not ready to trade yet, but deserves our attention You can trade alone or trade with me and get : Entry Stop loss Future targets Pm me to join me @Lmartins1090 Shortby SWINGTRANDINGLM5
SHORT IDEAFavoring shorts Once the stop of 2,337.74 is taken out the idea is invalidated. Annotations and targets on the chart. Expectation: Bank Holiday, likely sideways movement As usual, manage risk and conserve capital Q.L. Shortby Quantum_LabsUpdated 5
USD is weakest among major currenciesGold is fluctuating round 2,325 USD/ounce. World gold costs moved sideways as buyers waited for US inflation facts, anticipated to be launched later this week with the point of interest at the US middle PCE index. This makes buyers growth their expectancies that the Fed will quickly lessen hobby costs withinside the following couple of months, assisting gold - a non-yielding asset. Analysts expect that, later this week, americaA middle non-public intake expenditure index file for May can be launched. If the facts is weaker, it is able to growth the opportunity of americaA Federal Reserve (Fed) ) early hobby price cuts in 2024 will assist valuable metals. On the contrary, higher-than-anticipated facts will reason gold to fall deeper.by NicoTradingMaster7
XAUUSD major support and resistance for the daysupport: 2348 2337 2327 2322 2312 2306 Resistance: 2365 2374 2388 2395 2404 2412 2421 The bottoming sign in the 1D timeframe is clear, but the upward momentum still falls short of expectations. If a strong uptrend forms today, we could see a high of 2,370 in the 1D timeframe, after completing this uptrend, we will then assess whether there will be a correction or if the bullish trend will continue. In the 4H timeframe, it is just lacking a bit of momentum for an uptrend. With another rise on Thursday to break through 2,342 and the Bollinger upper band widening, it will form a strong uptrend. This could lead to a significant surge, and combined with the target in the 1D timeframe, we could see a rise of about US$30 this week. like boost follow us for more market updates by realmillionairefxUpdated 7
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
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
Gold SellsGold Sells Downtrend channel formed 90% rule Taking a bearish position on gold can be justified by the current strength of the US dollar, as indicated by recent FX prices. As of June 2024, the USD is experiencing a surge due to robust economic data and hawkish signals from the Federal Reserve regarding future interest rate hikes. Historically, a strong dollar typically exerts downward pressure on gold prices since gold is priced in USD and becomes more expensive for foreign investors. Additionally, rising interest rates increase the opportunity cost of holding non-yielding assets like gold, further supporting a bearish outlook.Shortby Sthesh_Don_Billiato4
XAUUSDPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)Longby sepehrqanbari6
XAUUSD 10,000 PIPS SWING IDEAConsider why XAUUSD is moving sideways from the daily time frame down to the lowest time frames. When you zoom out to the 12-month time frame, you’ll notice XAUUSD has hit the third touch of the horizontal resistance level and is respecting it. Historically, each time it hits this resistance level, it bounces back with significant selling pressure. On the daily chart, XAUUSD is forming a head and shoulders pattern. Moving to the H4 and H1 time frames, there’s another horizontal support level that gold is trying to respect. It's only a matter of time before the bulls push the price up slightly, targeting the horizontal resistance level. Here, we anticipate strong selling pressure—a prime swing trading opportunity. Let's stay vigilant and keep our eyes on the market for the best price action!Short06:13by fasthandfxUpdated 1110
Gold: short correctionThe demand for the US Dollar pushed the prices of gold to the downside on Friday. Markets are still digesting information from the latest FOMC meeting, as well as, strong US business activity, in which sense, US Dollar gained as of the end of the previous week, while gold slipped to the level of $2.321 on Friday, after reaching its highest weekly level at $2.366. The RSI is moving relatively steady during the last two weeks, oscillating around the level of 50. It indicates that the market is currently not sure which side to trade. Moving average of 50 days is slowing down its divergence from MA200, but the large distance between two lines is not showing that the cross might come anytime soon. Charts are suggesting that the price of gold is on a sort of a cross line at the moment. The level of $2.300 has been tested, but there has not been market strength to push the price to the down side. There has not been strength for the opposite side, either. The market will start the week ahead by testing for one more time the short term support at $2.300. In case that it is broken, the price of gold will find its next support around $2.200 line. In case that it is too early in time for a lower ground, then the price might return to the level of $2.360. by XBTFX6
XAUUSD shortprevious day high taken at premium zone so we look for taking short position to that optimal FVGShortby Mustafa_Abdel_Hadii7
Gold: digesting FOMCPrevious week was the one devoted to the FOMC meeting and Fed's rate decision, in which sense, eyes of the markets were set on the Fed's narrative in order to adjust their positions in case that there were news which were still not priced in the prices of assets. Potential one rate cut during the course of this year, was the “adjusting factor”. In line with the strengthening of USD, the price of gold was trying to adjust, trading in a mixed manner during the week, however, ending the week with a gain. The price of gold was moving within a range of $2.288 up to $2.333 where it is ending the week. The RSI is still moving below the 50 line, ending the week at 48. Clear oversold side has not been reached, in which sense, the price of gold has some additional time until this level is reached. Moving average of 50 days is slowing down its divergence from MA200, however, there is still a large distance between two lines, in which sense, the potential cross is still far away. Markets will spend the week ahead digesting received information from the last FOMC meeting. Some further volatility might be expected, but not as strong as it was in a previous period. The price of gold might again test $2.350 on the upside, while downward pressures might continue in a week ahead. by XBTFX10
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
goldgold has bullish trend market on trendline small time frame market give a double bottom h1 confirmation candle now we can buy itLongby ZiaTrader007111
XAUUSD LONGIm thinking GOLD starts bullish run.., Im waiting to touch support and ]give good conformation candle, Break and retest .., Please share your thoughts on comment sectionLongby suru000111
HelenP. I Gold can make small movement up and then rebound downHi folks today I'm prepared for you Gold analytics. Some time ago price reached a resistance level, which coincided with the resistance zone and soon broke it, after which made little correction movement and then continued to grow to the trend line. When the price reached this line, it turned around and started to decline inside the downward channel, where Gold in a short time declined to the support line, breaking the 2385 level, and then started to grow. Later price rose to the resistance level again, but at once rebounded and made an impulse down to the support level, which coincided with the support zone and even fell to this area. Soon, the price turned around and started to grow, thereby making a fake breakout of 2300, after which the price made a correction to the support level and now rising again. For my mind, XAUUSD will make one more movement up and then rebound down to the support zone. That's why I set my goal at 2290 points. If you like my analytics you may support me with your like/comment ❤️Shortby FirstNameHelen5512
Bearish XAUUSDWith incoming strength of the DXY I believe the Gold market is setting up for a decrease in price. Obvious Head & Shoulder and bearish momentum! Shortby ParlayProfitsFX6
XAUUSD BULLISH - JUNE 24📢 Signal: BUY XAUUSD 📈 Entry Point: 2325.50 🔍 TP1: 2328.50 🎯 (30 pip TP) TP2: 2332.50 🎯 (70 pip TP) SL: 2332.50 ⛔️ (70 pip SL) "Risky" Ensure proper risk management when following signals! 💡 @Mr_Bombastic_SignalLongby mr_bombastic_signalUpdated 6
The best gold analysis and trading signals.Technical analysis of gold: Gold broke through the triangle convergence range in the morning yesterday. We then gave a bullish view on the retracement. The market also gave the retracement level as expected, and the big sun pulled up to 2365 and then fell back. It is currently trading around 60. Since the market broke upward, we will focus on the continuation of the bulls today. The upper resistance refers to the previous diving position of 2387. The lower support will focus on the upper high point of 2345 yesterday morning. This position is also the second highest point after breaking the triangle. At present, it is obvious that the watershed between strength and weakness is at the 2350 line. After breaking through this point yesterday, it accelerated to rebound by more than 15 points. After the second retracement in the US market, it rose again. This point is also the first time we consider the opportunity to fall back and take more opportunities today. In addition, the focus below is on the high point of 2345 that was hit many times in the white market yesterday. The intraday long position is based on this point as a defense. Today, Friday, we also need to be careful to prevent profit-taking in the market. Once it falls below 2344, we should be cautious to take more within the day. The white market has touched the 2365 line twice and started to fall back. If it breaks through this point again in the evening, it is very likely to continue to rise to 2375 or 2380. At the hourly level, gold continued to strengthen after breaking through the upper line of the triangle range yesterday. The price broke through two downward trend lines in succession. The K-line rose continuously and went up against the upper rail of the Bollinger Band. The short-term trend showed an obvious upward trend. Today, gold continued to be bullish. Last night, gold hit the 2365 line and was blocked and fell back. There was a certain pressure on the previous top and bottom conversion position of 2365. Another K-line ran strongly above the upper rail, which was not conducive to the continued rebound of the bulls. Therefore, it is not easy to chase the high position in operation. Wait until the market falls back and stabilizes the support level. If it retreats first today, we will go long near 2345 and look up. The upper target is near 2365. If the upward trend is strong, we can continue to look up to the next resistance level near 2387. If the market continues to rise first, we will go short near 2378 and look down. The first target is also near 2362. If it breaks, it can be seen near the support level of 2345. Finally, whether it is long or short, if the market is at a high level during the US session, then we have a wave of short orders. On the whole, today's short-term operation strategy for gold is to short on rebound and long on pullback. The short-term focus on the upper side is the 2365-2367 line of resistance, and the short-term focus on the lower side is the 2345-2350 line of support. Strategy 1: Short gold in batches when it rebounds to around 2365-2368, stop loss 6 points, target around 2355-2350, break to 2345 Strategy 2: Long gold in batches when it pulls back to around 2345-2350, stop loss 6 points, target around 2360-2365, break to 2368;by MarketKing-007Updated 6