Local scalps on Gold I am treating this as an accumulation range at demand. Watching out for these local scalps from the range extremes Confirmation: 15m BOSby Trade-Journal2
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we said we wouldn't be discounting another move into the 2345-50 region and for that reason to play caution. We have a bias level today at 2348 and an activation to long which worked well early session, and then again during the news volume which took us into the bias level and slightly beyond. It's here we suggested not to attempt the short as there was no clear set up available. So, what now? We're in the order region again with the support level now 2340-45 which will need to break for us to go lower. We're still in the range so no breakout as yet, price is playing the up and down whipsaw, which has worked well for us. Now resistance stands at 2360-65 and above that the extension level 2370 which we'll be keeping a close eye on to target if support holds. For now, we would expect there to be a pullback into that 2345-40 region over the coming session. As always, trade safe. KOG by KnightsofGoldUpdated 3362
Gold Sell Zone - 2365According to my analysis & experience gold should first touch 2365, after 2365 we can se big downside move Shortby Goldoperator-Mohit2
What does gold price change today?Hello Everyone, Brian Here! Yesterday, gold moved just as I had analyzed and is currently trading steadily around $2314 in the early hours of today. In the short term, gold has broken its trendline, and we’re seeing the EMA 34 and 89 starting to converge. If the support level at $2310 is breached, I’m planning to continue selling. Wishing you all a successful and enjoyable trading day!by Trader_BrianFXUpdated 3
Today Trading PlanBased on daily hilo and h4 hilo. Set PO sell limits at high H4 with TP 100 pips. Set PO buy limit at low H4 with TP 100 pips. SL at daily hilo. Enjoy your trading. TAYOR!by terasemastraderUpdated 2
Can Gold go below 2,300? Despite gold targeting prices as high as 2,600, the buys are taking a brief stop just to grab some liquidity around 2,300. We have seen Accumulation phase, Manipulation phase, and with the weakening of the dollar due to a negative CPI, Gold has come back to fill the sell side inefficiency, hence we expect Distribution phase to begin from within the region. Shortby skylinefabulous3
XAUUSD 1H Long Trade - 1:6 RRRPair: XAUUSD Action: Buy RRR: 1:6 SL: 2296.63 TP: 2433.82 Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.Longby panjikadar3
Gold price continues to prioritize selling in the short term!Hello everyone, Brian here! 👋 Today, gold continues to move within its descending channel, and my focus remains on selling opportunities: Friday Market Update: As we head into the weekend, gold maintains its downward trend. The liquidity range for SELL positions is currently between $2316 and $2320. Key Levels to Watch: Upper Breakout Level: $2325 Lower Breakout Levels: $2305, $2291, $2286, $2280 Important Price Zones: Support Levels: $2305, $2291, $2286, $2280, $2274 Resistance Levels: $2316, $2321, $2325, $2333, $2338 Keep an eye on these critical price points as they will likely dictate the market's direction. Trading Strategy: Given the current bearish sentiment, I am prioritizing sell positions. Let's stay sharp and make informed decisions based on these levels. Happy trading and have a great weekend!by Trader_BrianFXUpdated 3
XAU/USD shortXAU/USD one Hour Trading Report Overview Entry Price (EP): $2,323.40 Reason: The entry point of $2,323.40 was chosen based on the Relative Strength Index (RSI) and support and resistance levels. This setup marks a favorable opportunity during a market correction, indicating that this is the best entry point to capture a potential uptrend. Stop Loss (SL): $2,338.15 Reason: The stop loss is set at $2,338.15 and is calculated using Average True Range (ATR) data. This tight stop loss setting is designed to protect the trade from any unexpected market volatility, thereby minimizing potential losses. Take Profit (TP): $2,298.51 Reason: The take profit level is set at $2,298.51 with a target profit of $24.89 (2,489usd/lot). This target is strategically positioned to maximize gains from an expected short term downtrend, ensuring profits are taken before encountering any major resistance levels or trend reversals. Important: Forex trading involves significant risk and this analysis is based on current market information. Market conditions change rapidly, so it is important to stay informed and implement a solid risk management strategy. Continuously monitor the market and adjust your trading strategy as necessary.Shortby Tracyanalyst3
GOLD OUTLOOK 1HRMy expectation on Gold. The current price direction is downward. We can clearly see a SMT, which will most likely use as an inducement into out POI. After which it will go after the liquidity below the Weekly Low. What is your thought? Shortby pelumiajilore633
XAU / USD 30 Minute ChartHello traders. We have news here in the U.S. in a few minutes. I am waiting to see how the market reacts and watching the numbers to see if it is good or not so good for the propped up, overinlfated U.S. dollar. Big G gets a shout out. Let's see how things play out. Be well and don't get caught trading in the range.by musclemilk0075Updated 2
XAUUSD Potential BUY Gold prices surged after news that U.S. inflation rose less than anticipated.Longby Ekehghara_11112
GOLD Retracement 10.06.2024After a drop on Friday a retracement is quite possible. Gold drop heavily after the data showed that the Central Bank in China stopped buying. After this reversal the price could move upwards to the 61.8% of the whole downward movement. __________________________ Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy2
A interesting Risk Off Comparison for longer term investors.TVC:GOLD SP:SPX NASDAQ:NDX A interesting comparison that signals when market are to be in a high risk environment as the comparison moves up or more specifically above its moving average generally markets at some point end up being lower then before it crossed above and started its uptrend. by Ryan1993Updated 1
Selling is coming maybe before 12 am india timeBuyers are losing there grip ,market is stuck may fall anytime , this is my idea by harshkethwas9832
GOLD ( TO UPTREND )XAUUSD HELLO TRADERS Tendency the price is under bullish pressure at 2,296$ Turning level : The turning 2,296$, so as long as the price above this level, there will be a bullish trend resistance level : the trading above the turning level 2,296$, the price will rise to 2,330 $ , price stabilize this level , there will be reach to 2,347 $ and 2,365 $ support level : The trading stabilizing below 2,296$ , the price will reach the support level of 2,278 $ and 2,259 $ corrective level : price will attempt 2,296$ , correct itself before rising I HOPE YOU A PROFITABLE DAY Longby ArinaKarayi3
GOLD PRICE DECREASES LAST SESSION💵GOLD PRICE AND ECONOMIC INFORMATION Gold held steady above the $2,300 per ounce mark on Friday, on track for its first weekly gain in four weeks after falling over 1% in the previous session, as investors assessed softer-than-anticipated US inflation figures against the Federal Reserve’s updated interest rate projections. Thursday's data showed that the US PPI unexpectedly fell in May amid lower energy costs, indicating that inflationary pressures continued to subside. This followed cooler-than-expected consumer inflation data released last Wednesday. However, the latest dot-plot projections from FOMC members revealed that, on average, they anticipate only one 25 basis point rate cut this year, with four members forecasting no cuts at all. ✉️Deekop's Analysis: After the FOMC and CPI forecasts as expected, gold increased slightly to 2340 and fell in line with the FOMC's good USD direction. Today's milestone 2304-2308 is quite important. Gold will grind to break this mark if it wants to create a downward trend to conquer the 2291-2267 mark. 🔴SELL GOLD: 2319 - 2321, SL: 2325 (Sell retest dow + down vol) 🔴SELL GOLD: 2336 - 2338, SL: 2342 🟢BUY GOLD: 2282 - 2280 SL: 2276 ⛔️Breakout: 📈 Breakout on: 2325 📉 Breakout below: 2305- 2291 - 2286 - 2280 🔼Support: 2305 - 2291 - 2286 - 2280- 2274 🔽Resistance: 2317 - 2321 - 2325 - 2333 - 2338 Deekop's daily plans all achieve fixed profits GOOD LUCK EVERYONE👍Shortby Scalper_Ananda3
Gold continues to recover in the short term!Hi everyone, Today, we are witnessing a solid recovery in gold prices. Currently, gold is hovering around the 2315 USD mark and continues to trade well within its short-term upward channel. I remain optimistic about gold's upward movement until we receive the CPI news later today. What do you think? Do you believe the CPI report will help gold continue its rise, or will it cause a pullback?by Trader_BrianFXUpdated 3
"Live Gold Trading: Real-Time Insights & Strategies for Maximizi"🔹 Eyeing a bearish move in the gold market? 📉 Discover expert strategies for selling gold and maximizing your profits! 💡 Learn how to analyze market trends, identify key resistance levels, and make informed trading decisions. Whether you're a beginner or an experienced trader, these tips will help you navigate the complexities of the gold market. Stay ahead and trade smart! 🚀 #GoldTrading #SellSideTrading #MarketAnalysis #TradingStrategies #Commodities #InvestSmart #FinancialMarkets"Short00:38by muntishabuilderUpdated 333
GOLDPrice is moving in Ascending channel as shown Price have moving Pattern 1,2,3, and we are expecting 4&5 as shown Ascending channel is a chart pattern that is made up of two upward parallel trend lines showing the bullish price trend on the price chart. Longby Tdawly_OfficialUpdated 2211
Gold bullish retracementGold in a retracement phase for a continual bearish trend, lets observe. Longby abidhaiderUpdated 1
Daily live trade with XAUUSD in 15m/30m/1h 20240612Daily live trade with XAUUSD in 15m/30m/1h 20240612Shortby tradermongolia3
XAUUSD, I am expecting a Bullish move in M30For XAUUSD today analysis, I am expecting a Bullish move from M30 OB 2300-2303 areaLongby ForexFeverYT2