$XAU - Megaphone Pattern on dailyTVC:XAU - Glod Spot Re-accumulating inside a Megaphone pattern on daily. We are going above $2500 for sureby B56786766785031
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 SELL Plan gold sell limit swing trade SELL LIMIT 2388-2395 sl 2415 TP 2180 2157 2123Shortby Shrimp71
Gold - patient, but opportunities seen within a $145 range The big picture on gold is that price is in wait-and-see mode, and assessing what comes next in US economic trends, Fed policy and EM central bank gold purchases. The clearly defined range of $2430 to $2285 reflects this patient stance, although, within the $145 range, there are moves being made that traders are capitalizing on. Still, I expect we’ll see these levels hold until we get a more immediate need to reweight gold allocations higher in the broad portfolio. The consolidation in the set-up reflects the fundamental picture perfectly, where the dominant theme has been the PBoC lowering purchases in April and then fully refraining from adding gold holdings to its total reserve in May. Perhaps the PBoC want to see the price closer to $2000 before resuming buying again – however, other EM central banks are still in the mix, and adding gold to their reserves. The US economic picture is still humming along nicely, and the Fed seemingly in control, with consumption still rosy and labour markets not at the levels where we start to ramp up a recession probability as our base case for the coming 12 months - a big signal to buy gold and what could drive the price well above $2500. Maybe that comes, and perhaps the recent underperformance in US small caps (i.e. the Russell 2k) is indicative of further economic cool, with small caps weighed down by a higher-for-longer Fed policy setting, as well as refinancing risk. We also see some support from the US interest rates markets, where we can look at markets implied view for Fed easing through 2025 (through SOFR Dec 2024 -Dec 2025 contracts) and see almost four cuts priced – increased rate cut expectations is supportive for gold upside, where the pricing offers a view that the Fed will reduce rates to a more neutral setting of 3.5% over time. However, should the market get any sense that the Fed will need to go beyond neutral and to stimulate the economy through lower rates and balance sheet expansion then it's on for gold. For now, gold goes quietly about its business, and for a new trend to develop may take time, so for now we wait and trade the moves with the $2430 to $2285 range. by Pepperstone1
GOLD 1D CHART LONG POSITIONLONG ALERT TARGTING 2500$ gold position on daily timeframe Longby MarcaGroup1
GOLD ( UNDER DOWNWARD PRESSURE ) ( 4 H )XAUUSD HELLO TRADERS YESTERDAY : as mentioned , a bullish trend it can be rising +160 pip TODAY : the price is under bearish trend , until trading below 2,343 $ Tendency the price is under bearish pressure at 2,343 $ FVG : The FVG between 2,343 $ and 2,327 $ , so as long as the price bellow FVG , there will be a bearish trend BEARISH ORDER BLOCK : Breaking FVG at 2,343 $ , the price will attempt to 2,371$ , and braking Order block at 2,386 the price created upward structure BULLISH ORDER BLOCK : Breaking FVG at 2,327 $ , the price will attempt to 2,300$ , and braking Order block at 2,288 the price created downward structure resistance level : trade above 2,343$ , the price will attempt to 2,360$ , and stable this level it will reach to 2,371 $ support level : the price trade below FVG at 2,327$ , the price will reach the support level of 2,300$ and 2,288 $ corrective level : price will attempt 2,320$ , correct itself before long I HOPE YOU A PROFITABLE DAYShortby ArinaKarayi2
XAU/USD 20 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: -> Swing: Bullish. -> Internal: Bullish. As per expectation price targeted the weak internal high and printed a bullish iBOS Price has printed a bearish CHoCH indicating, but not confirming bearish pullback initiation following bullish iBOS. Intraday expectation: Price to either react at M15 POI or discount of 50% EQ before targeting weak internal high. M15 Chart: by Khan_YIK1
Perhaps we entered too early in the last analysis.Hoping Gold would fall greatly from here... Bears, Brace yourselves for for a good fall. I don't need to say much, the chart explains itself.Shortby SwiftTradr1
XAU/USD 18 June 2024 Intraday AnalysisH4 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 target weak internal low. H4 Chart: M15 Analysis: Analysis/Bias remains the same as yesterday's 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_YIK111
GOING LONG ON GOLD- TRENDLINE BONO indepth analysis done. based on price action only. did not check required criteria. targets based on support and resistance levels. Longby dhairyathemarketlearnerUpdated 2
XAU USD LongAs we wait for the close of the week with a bang. We have seen the higher Lows for a bit and if it breaks below Longby brianmtheUpdated 1
XAUUSD, Expecting Bullish from M15 OBI am Expecting XAUUSD Bullish from M15 OB and the last bullish candle has the ultrahigh volume it is as well. good luckLongby ForexFeverYT1
Gold possible buy Signal was sent and delivered, liquidity was created and cleared, while our take profit is reached, understanding market structure and market behavior is very important, 1:2 RR consistentlyby MadsTheGoldminer1
Gold possible buy Yesterday we traded continuation trend,today we'll do the same, liquidity as been created and cleared, while our buy limit will soon be activated, beware of red folder Newsby MadsTheGoldminer1
XAUUSD H1 TF I'll buy here for good R:RBuy low and put low risk : high reward at this tradeLongby PynyxUpdated 2
Do 20 JuneGold shorts EJ used to be short biased, but after finishing this outlook I would like to long ### XAU/USD - Nieuws → Geen nieuws - Interne structuur → Bearish → Shorts - 50-zone → Tab geweest dus mogen doortraden - POI’s verwijderd/gezet - Alerts verwijderd/gezet ### EUR/JPY - Nieuws → Geen nieuws - Interne structuur → Bearish → Shorts - 50- zone → Tab geweest dus mogen doortraden - POI’s verwijderd/gezet - Alerts verwijderd/gezet06:06by JuulSchakenraad1
XAUUSD PLAN 6/20Support: 2325 - 2308 - 2300 - 2291 - 2286 - 2280- 2274 Resistance: 2346 - 2350 -2365 🔴SELL ZONE 2350 - 2352 stoploss 2355 🔴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.‼️ Note: TP, SL are full to be safe and win the market.Shortby Winlouh2
plan Annuelle XAU/USDBonjour je publie ici les Target potentielle de l'onde annuelle (bleu) qui est en cours , elle nous montre une zone importante entre 2800 et 2700 . Attention à cette zone un ralentissement pourrais avoir lieux en mensuelle même sil il reste encore de la marge , si cela peut aider certain dans le futur . bon trade à tous .by Tony_analyse1
GOLD ENTRYThe 15 minute candle closed below the 4Hr/1Hr/30minute OB. (Green Dot) I have not looked at any of the lower time frames. Rules. Forbidden Rules. Ive placed a sell limit (For the most accurate entry possble) at 2334.31 to go down to our 1st OB at 2328.19. If it restest, perfect. I get a 1:1 ratio. Win. If it does not retest, perfect. I dont lose anything and I didnt get a horribel entry point. Win. by MoniqueLHarris1
Gold Prices Struggle to Capitalize on Gains Near $2,300Gold (XAU/USD) is finding it challenging to build on Tuesday's gains from the $2,300 mark, fluctuating within a narrow range during the European session on Wednesday. The precious metal remains confined within its familiar trading range, which has persisted for over a week and a half. Traders are eagerly awaiting clarity on when the Federal Reserve (Fed) might begin cutting interest rates before making new directional bets. by Trader_BrianFXUpdated 2
monitoring sl hunt of 2334 resistancenot trade advice, I create this chart as reminder of my own theory sl hunt target gold too often create a double top and double bottom I see a pattern and try to backtest it 2328, 2324, 2321 previously I used it for 2306 and 2301by salvanostUpdated 1
XAUUSD IDEA (LONG)Looks good for a short term long position. Please do your own risk management and technicals. This is not financial advice. Happy trading 717Longby MillionaireMind7171