XAUUSDHello For the GOLD we are going for a sale first at 2325, then 2310 and why not push to 2250 to end the week. We'll see what the market price does to us this weekend...Shortby MCY-TRADING3
Possibility of uptrend Considering the behavior of the price in the red support range, the continuation of the upward trend is likely. Then, according to the behavior of the price at the levels of 78.6% and 100%, the continuation of the upward trend will be probable If the price crosses the support range, the continuation of the corrective process will be possible Longby STPFOREX2
GoldGold analysis are as follows buy limit at 2311 aim for 2340.ne on the lookout for this one.Longby CurrencyMomentumFX2
GOLD ( UNDER FVG PRESSURE ) OANDA:XAUUSD HELLO TRADERS Tendency the price is under bearish pressure at 2,327$ FVG : The FVG between 2,327 and 2,343 $ , so as long as the price bellow FVG , there will be a bearish trend ORDER BLOCK : Breaking FVG at 2,347 $ , the price will attempt to 2,370 $ , and braking Order block at 2,386 the price started to bullish trend resistance level : , Breaking 2,327$ , the price will attempt to 2,342$ , and stable this level it will reach to 2,370 $ support level : the price trade below FVG at 2,327 $ , the price will reach the support level of 2,302$ and 2,288 $ corrective level : price will attempt 2,327$ , correct itself before dropping I HOPE YOU A PROFITABLE DAYShortby ArinaKarayi3
XAU/USD H2 Bullish Move ?Price reacted to our D1 support and we can see bullish reaction. I expect to see bullish move, but with a potential pullback first. Potential bullish zone: 2315Longby SanShone3
GOLD-Tuesday Analysis Market attention was low on Monday, with no major news releases. U.S. retail sales data on Tuesday, weekly jobless claims on Thursday and the initial Purchasing Managers Index (PMI) on Friday may provide more information on consumption and economic strength. Gold fluctuated between 2310 and 2327 on Monday. After hitting the bottom at 2287, it has been fluctuating at a low level for several consecutive trading days. Although it has not yet stabilized above the Bollinger middle track, from the perspective of 1D, the possibility of continued rise is very high. I think buying in 2308-2315 support range, SL: 2299 I will analyze the trend and strategy of gold every day, follow me and join me Longby Colin_AnalystUpdated 3
XAU/USD shortXAU/USD Multi Timeframe Trading Report Overview Daily chart: The daily chart shows a correction down trend, indicating that the long term downtrend is strong. This shows that the market sentiment is generally bearish. 4 Hour Chart: The 4 hour chart shows a bullish trend, indicating a short term uptrend pullback. This divergence between the longer and shorter timeframes suggests a counter trend trading opportunity. 1Hourly Chart: The 1hour chart offers actionable trading signals, including entry points, stop losses, and profit targets, suitable for capturing short term movements. Entry Price (EP): $2,325.26 Rationale: The entry point at $2,325.26 is chosen based on the Relative Strength Index (RSI) and Exponential Moving Average (EMA), which suggest a favorable short term bullish opportunity within a larger bearish context. Stop Loss (SL): $2,344.97 Reason: The stop loss is set at $2,344.97, calculated using Average True Range (ATR) data. This placement is intended to minimize potential losses by safeguarding the trade against sudden downward movements that might occur as the market reacts to the conflicting trends observed across different timeframes. Take Profit (TP): $2,298.80 Reason: The take profit level is established at $2,298.80, Profit Potential in pips: $26.46 (2,646usd/lot). This target is strategically selected to capitalize on the short term bullish momentum identified on the 1 hour and 4 hour charts, securing profits before any potential resistance or longer term bearish trend resumption. Please note that Forex trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly.Shortby Tracyanalyst2
XAUUSD H1 - Long SignalXAUUSD H1 We bounced nicely yesterday from this indicated buy zone, offering as much as 3.5R. We have since come back down to this area of support. We could see some potential re-entries from this zone, with targets of 2325/oz, 2335/oz and then 2350/oz. If support doesn't manage to hold this time round, we could expect to see the more major support price of 2285 see a test.Longby Trade_Simple_FX2
XauusdShowing sideway pattern in H1. Weekly candle is weakening.. price maybe going to 2200 area.. waiting to sell once early seller liquidated.Shortby merongnetwork1
billyForexSa xausd resultshey guys its a beautiful day isnt it .... with views goingup i def hope yall followed with the signal i sent o Fridayso these are he results hope yall followed through and choped it Shortby vesimsezane112
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
XAUUSD PLAN 6/21Support: 2352 - 2345 - 2341 - 2338 - 2331 - 2323 Resistance: 2369 - 2375 -2380 -2388 - 2397 🔴SELL ZONE 2388 - 2390 stoploss 2393 🟢BUY ZONE 2341 - 2339 stoploss 2336 🟢BUY ZONE 2332 - 2230 stoploss 2227 Scalping strategies will be taken until the resistance - support zones above have an entry signal.‼️ Note: TP, SL are full to be safe and win the market.Shortby WinlouhUpdated 3
Did GOLD TURNED BULLISH???GOLD has demonstrated a breakout above the trendline, followed by a successful retest and rejection, confirming a bullish setup. This pattern suggests a strong potential for upward momentum. RISK TRADE Follow risk management. Risk no more than 1%Longby PotentFX2
XAUUSD PLAN 6/18Today the market focuses on US retail sales data released at 19:30 tonight. If actual data released exceeds expectations, gold will be under downward pressure; conversely, if actual data released will be weaker than expectations, gold will be supported to increase. About the technical angle. Gold, after falling to the 61.8% Fib zone of the previous increase around 2310, has bounced back and is currently moving above the 2320 zone. Support: 2315 - 2308 - 2300 - 2291 - 2286 - 2280- 2274 Resistance: 2333 - 2338 - 2345 - 2350 -2365 🔴SELL ZONE 2348 - 2350 stoploss 2353 🔴SELL ZONE 2364 - 2366 stoploss 2369 🟢BUY ZONE 2306 - 2304 stoploss 2301 🟢BUY ZONE 2300 - 2298 stoploss 2295 Scalping strategies will be taken until the resistance - support zones above have an entry signal.‼️Longby WinlouhUpdated 3
ANALYSIS GOLD 21/06/2024Overview The chart shows a detailed technical analysis of gold prices using various technical indicators such as Fibonacci retracement levels, volume, and VWAP (Volume Weighted Average Price). The price is currently at $2,361.87. Key Levels Support Levels: $2,297.27: This is a key support level as indicated by the Fibonacci retracement (0.786 level). $2,264.04: Another support level derived from the historical price action. $2,188.59: Significant lower support, indicated by the Fibonacci extension level (1.618 level). Resistance Levels: $2,386.95: Immediate resistance, highlighted by the 0.618 Fibonacci retracement level. $2,434.94: Next significant resistance level based on the 2.618 Fibonacci extension. $2,445.00: Further resistance level, marking the 2.618 Fibonacci extension from another pivot point. Technical Indicators VWAP (Weekly): The VWAP bands are shown, indicating significant levels for institutional trading and average price. Volume: There is notable volume activity, with some spikes indicating strong buying or selling pressure. Trendlines Green Dashed Lines: Representing potential channels and trendlines that could guide the price movement in the coming days. White Dashed Lines: Indicate projected movements, either bullish or bearish scenarios based on current patterns. Price Projections Bullish Scenario: A potential upward movement is indicated, possibly reaching up to $2,434.94 or $2,445.00 if the price breaks above the immediate resistance at $2,386.95. The trendlines suggest a channel that might take the price towards these higher levels. Bearish Scenario: If the price fails to hold above $2,361.87, it might retest the support at $2,297.27. Further downside could see the price moving towards $2,264.04 or even $2,188.59 in an extended bearish trend. Conclusion The price of gold is currently at a critical juncture, near the $2,361.87 mark. A breakout above $2,386.95 could signal a bullish run towards $2,434.94 and beyond. Conversely, a breakdown below $2,361.87 could see the price testing lower support levels, with significant support at $2,297.27 and $2,264.04. The volume and VWAP levels should be closely monitored for further confirmation of these movements.by crktrader2
GOLD POTENTIAL SHORT OPPORTUNITYHello Everyone! How are you all? Gold is an instrument to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on. So, I will be looking for a bearish continuation because of the following reasons: 1. The short term trend is bearish. 2. The price has formed a continuation structure. 3. The price is approaching the value area. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the high, and makes a bearish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag. Shortby TreasureFXHubUpdated 2
Central bank purchases of gold affect goldWorld gold charges reversed to growth barely whilst the trendy record confirmed that US retail income had been weaker than expected. Specifically, in line with the Statistics Department of americaA Department of Commerce, the country`s retail income extended via way of means of 0.1% in May. Previously, economists had forecast an growth of 0.3%. Disappointing monetary statistics has bolstered hopes that americaA Federal Reserve (FED) will lessen hobby prices this year, placing strain at the greenback and US Treasury yields. According to the CME FedWatch tool, buyers are presently pricing in approximately a 67% risk that the Fed will reduce hobby prices in September. Lower hobby prices will gain gold as it reduces the possibility fee of retaining Precious metals do now no longer deliver this hobby.by NicoTradingMaster2
XAU/USD 19 June 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same analysis dated 17 June 2024 -> 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 target weak internal low. H4 Chart: M15 Analysis: Analysis/Bias remains the same as analysis dated 17 June 2024. -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish iBOS following US CPI data release 12 June 2024. Price has printed a bearish CHoCH indicating, but not confirming bearish pullback initiation following bullish iBOS. Price has reacted from H4 POI and continued bullish to target weak internal high, however, price was unable to breach and close above weak internal high reacting at an M15 POI. Intraday expectation: Price to target weak internal high. Price could target more liquidity by trading down to nested H4 and M15 POI's before targeting weak internal high. Alternative scenario is price could target strong internal low as H4 internal structure is bearish. M15 Chart: by Khan_YIK2
*Alert Investors! XAUUSD Climb Watch!*📣 Traders, take note! 🚀 XAUUSD is soaring, hitting new peaks with accuracy! 💫 Check this out: 🔍 XAUUSD Analysis: 📈 Battling within the 2328.2 to 2331.8 range. 🤔 Will it break through? 🔻 Bearish Alert: 🔻 Watch for potential declines if it falls below this level! 🎯 Targets: 2325, 2323. 🔺 Bullish Alert: 🔺 Look for buying opportunities if it breaks above! 🎯 Targets: 2333, 2335. 💡 Join the Conversation: 💡 Share your insights as we explore this dynamic market! 🎤 Let’s reach new milestones together! 🌟🚀by hanalyeeforex2
Strong Resistance @ 2335-2342I plan to sell within the 2335-2342 range due to significant resistance observed across multiple time frames. I do not anticipate Gold surpassing these levels. However, if it does, there is a chance it could rise to the 2380 area before experiencing another decline. Here is my detailed trading breakdown: Sell around 2335-2342 SL 2344 TP OPENShortby Jaytrader19943
Interest rates are supported, Gold weakensGold increased for the second consecutive trading day, the gold price once reached 2,320 USD. The market will receive the Federal Reserve's interest rate decision and US CPI data, which is expected to explode the market. US CPI Data and Federal Reserve Decision Coming Soon. US May CPI data will be released a few hours before the Fed decision. If inflation stays stable, that could allow the dollar to start to gain traction first. Fed shows policymakers expect policy rate cuts by a total of 75 basis points in 2024. An upward revision is possible as most policymakers say that they are in no rush to start reducing borrowing costs. Today is a very important trading day because it is directional from big data such as CPI and FOMC events, first gold and dollar will be affected by CPI data and then FOMC. If CPI data is better, this will boost the US Dollar but then if the FOMC shows the prospect of a rate cut then this will boost gold prices. Up to now, after the NF data was announced, the gold market has formed a short-term downtrend. and the recovery to form the DOW model is taking place quite perfectly in the h4 time frame. The recovery could reach the 34 EMA or higher the 89 EMA of the h4 frame with two notable resistance levels at 2325 and 2338. The Fed is likely to keep interest rates unchanged in June after today's meeting so The dollar will be strongly supported at least in the next 2 months. The market's downtrend could take gold to 2387 or deeper than the 2376 support level. During trading periods with a lot of macro data and major events, sudden large price movements can completely disrupt any technical structure. At times when major events take place, technical analysis is no longer available, the market will depend on basic factors such as: Geopolitical developments, monetary policy, macro data. tissue,….by TVS-TraderUpdated 9
XAUUSD:14/6 Today's Analysis and StrategyGold technical analysis Daily resistance 2328-40, lower support 2277 Four-hour resistance 2328-40, lower support 2307-2277 Gold operation suggestions: From the current gold daily trend, the upper resistance is near 2340, and the lower support is near 2277. Continue to sell high and buy low according to this range during the day. In terms of economic data on this trading day, the main focus is on the US May import and export price index and the initial value of the US University of Michigan Consumer Confidence Index in June. In terms of events, focus on the speeches of Federal Reserve officials and geopolitical technical related news SELL:2328 near SL:2331 SELL:2340 near SL:2345 BUY:2277 near SL:2274 Technical analysis only provides trading direction! by ActuaryJUpdated 3310