XAUUSDI highly doubt the gold is going down from here before reaching key level above ( old high ) . let see if it break above 2342, if it breaks , then it will drive up to 2362 before getting a direction.by ICT_spartan1
Are we on a ABCDE retracment in daily XAUUSD ?Its possible that in daily timeframe we are on a corrective ABCDE structure ! as chart . what do you think ? Longby BeyondXAU1
Gold1h technical analysis on Gold, for me price is looking Bearish, i would like to see price reacted from 1h BR+FVGShortby andy4444_1
gold this week so far. read discriptionmissed me? been fine tuning my indicator/ passing funded accounts. used my indicator for sniper entries. This 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
Empire of dollar is crashing In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path. Chart pattern on weekly. I really like using higher time frames. DXY ( U.S. Dollar Index) Longby BTC-XLMUpdated 131321
GOLD FALLS MORE last CPI gold made a huge move and remove all seller from the market and move again to the starting point so what we can expect that the market may continue the falling move .currently it is testing the volume area of interest so we wait for a proper breakout then we do sell till lowest level of volume and last target of end of the bearish channel .Shortby rasindu20032
xauusdhello beautiful people hope you are well here is XAUUSD chart which is i am sharing with you how i am looking i am looking still buy market already pumped from nearest prices but i still hope market trigger my price hope for the bestLongby WiKiFX1
WAIT FOR RETRACEPrice moving slowly, for retracement. waiting for confirmation for selling at supplay zone marking with engulfing candleShortby dodogtg112
XAUUSD 1H Long Position Above 2300.00: This means that the trader will enter a buy (long) trade only when the price of the asset rises above 2300.00. Take Profit at 2325.00: This means that the trader sets a sell order at 2325.00 to lock in profits. Once the price reaches this level, the trade is automatically closed, securing the profit. Trade Execution: It's important to use limit orders for both entry and take profit to ensure the trades are executed at the desired levels. Market orders can be used, but they may result in slippage, especially in volatile markets. 🤞🤞 Longby vbenking91111
big intraday support level before big newsgold price dropped $100 in friday last week on china central banking stopped buying gold and hot nfp number which risk fed projecting 2 cuts instead of 3 and first cut after election price now side near 2300 psychological number after big dump price has failed to breakout big yellow support zone near $2280 in first attemptby Sangam-Agarwal1
XAUUSD Running Short Due to Fundamental and FOMC pressure gold heading for a temporary correctionShortby fawadjawed143Updated 2
My Powers Are Growing...Learning to stick with my rules and being patient when in draw downs. This play was a rollercoaster but I finally did it!! So grateful but this is just the start!! Done for the day, back to studying...Longby KalongaLutalo1
Gold possible sell There's high probability that price might give us a good sell, at least 1:2 will not be bad, remember what we waited for and that's liquidity created and cleared, now we waited for price to either go against us or we go along with price trend by MadsTheGoldminer1
XAUUSD 30M1). Resistance Level at 2311.00: *). Definition: Resistance is a price level where a rising asset price tends to stop and reverse due to a concentration of selling interest. *). Context: The resistance level of 2311.00 indicates a price point where the asset has difficulty moving above. It is expected that at or near this price, there will be sufficient selling pressure to prevent the price from rising further. 2). Target Level at 2277.00: *). Definition: This is a specific price target that traders aim for when they predict a downward movement in the asset price. *). Context: The target level of 2277.00 suggests a forecasted drop in the asset's price from the resistance point at 2311.00. Traders expect that if the price fails to break above the resistance, it will move downwards towards this target. Trading Approach: *). When the asset price approaches the resistance level of 2311.00 but fails to break through it, traders should anticipate a potential reversal.Upon identifying this resistance, traders should look for opportunities to sell or short the asset, aiming to capitalize on the downward movement towards the target level of 2277.00. Risk Management: *). Set a stop-loss order slightly above 2311.00 to mitigate the risk of unexpected price movements above this resistance level.Consider setting a take-profit order near 2277.00 to secure gains once the price reaches this target. By adhering to this strategy, you aim to profit from the anticipated price movement based on the established resistance level. 🤞🤞🤞 Shortby vbenking91111
XauusdGold is now in an ascending channel and experienced a sharp decline from the middle line of the daily time channel and reached the bottom of the channel, but the break of the bottom of the channel was fake, now the price is expected to move higher. From the bottom of the channel The price is tight and uncertain. If the ceiling of this small range is broken, we can expect an upward movement of gold. As indicated above, there are our falling ranges, and once the price reaches and gets confirmation, we can experience a market drop in those ranges.Longby Crazykanka5
XAUUSD. The seller is aiming for 2326 and belowOn the daily time frame, a sideways movement has been forming since April 9th. The buyer’s vector 4-5 reached a new high. The key candle of vector 4-5 was on May 20th and is located at the top (highest volume, "tKC" on the chart). The seller absorbed this candle, and now the seller’s vector 5-6 is developing. The first target is 2326.515. On the hourly time frame, there is a short trend. The last seller’s impulse started from 2374.01. The price corrected to the 50% level of the last impulse (2364.498), and we see a strong seller’s continuation. It makes sense to look for sell opportunities above 2390 if the price returns there or from the defense of the trend by the seller. by AlexeyWolfUpdated 4
XAUUSD: SELL Short term sell on Gold ..Use proper risk management & please do correct me if I messed up somewhere. Shortby techdarko1
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
XAU/USDDescending Trendline: There's a clear descending trendline from the high around 2387.63. This indicates a bearish trend. Fibonacci Retracement: The Fibonacci retracement levels are marked, with the 0.618 level at 2345.89 acting as a resistance recently. This is a key level to watch for potential reversals. Support and Resistance Levels:Support at 2286.23.Resistance at 2345.89 (which aligns with the 0.618 Fibonacci level). Current Price Action: The price is currently at 2332.52, slightly below the 0.618 Fibonacci level. This suggests the price might be facing resistance around this area. Possible Directions Bullish:If the price breaks above the descending trendline and sustains above the 0.618 Fibonacci level (2345.89), it could signal a potential trend reversal or at least a short-term bullish move. Targets could be the next resistance levels above 2345.89 Bearish:If the price fails to break above the 0.618 Fibonacci level and the descending trendline, it could continue its downward movement. A break below the recent low around 2286.23 could signal further downside, with the next support levels coming into play. Patience is The Keyby Nkosinathi0121
XAU/USD Tp HitHi Traders trade we sent to hit our 1st and last profit as analyzed. we just banked our self 190+ pips in 1 trade. Certified Price action KingLongby Low-keyFXtrader2
XAUUSD ANALYSISIm currently bearish for Gold as I do believe it will meltdown today, I can see a lower high potentially form on the hourly that could push price down to take the Asian low and possibly even lower. There will be some volatile news around 3pm so be careful.Shortby MordiFX2
GOLD shorts i am expecting price to react from that 2312 level creating and double top continuation pattern in line with the sell structure. yesterday we had the same outcome as CPi with PPi ...buy the news, sell the fact. hence im still sell biasedShortby BM_ForexTrader1
XAUUSD PLAN After china stop buying gold, gold movement bearish. FVG area & fresh SBR 61.8 order flow zone & fresh qm 78.6 area. this 2 zone also fresh zone in Daily engulfing. TAYORby mohdnazreenmohdramli1