Gold Sell Zone - 2365According to my analysis & experience gold should first touch 2365, after 2365 we can se big downside move Shortby Goldoperator-Mohit2
Gold possible forming an expanding triangle. 12/June/24XAUUSD possible trending up for wave e ( Blue circled) on an expanding triangle in wave B (red). Longby SteveTan5
New Shorts on GOLD XAUUSDAs previously hinted, some reactions from the questionable/ dubious buy orders/block around the 2304 levels propelled the asset upward, but its price remains below the referenced trading range(marked in purple). The keyword here is 'questionable'; the precious metal might experience some downtime ahead. The chart below provides a higher time frame view of the initial analysis. See related ideas for background information. Remember to conduct your due diligence!Shortby FroggyFXUpdated 331
Gold Friday-Buy TP 2380Gold opened 1st trade before market close trade 2 opened in asian session & 3rd trade in london-target is 2380...gold like previously creats dump which are -100$to50$ and then jumps back up.we are in a range 2300-2400 gold will not turn bearish before 2024 US elections and fed announce 1 rate cut this year even this cut was not needed as us economy is strong. If you have missed the buy entry leave a comment below to get a entry.Longby ProWolfTrader_89445
GOLD - at today resistance? whats next??#GOLD.. perfect move as per our video analysis and congratulations to all. now market at his today one of the most important resistance 2330 around, keep close that area because if market hold it then you can see again a drop from here, dont be lazy here, good luck trade wiselyby AdilHussain731333114
$XAUUSD - Today’s Setup - 14/06Good Morning Traders ☕️ The zones for today 👀 Keep it nice and clean as is Friday. We don’t want to give the profits made this week back to the market 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always conduct your own analysis before jumping in. No financial advice here.Shortby alexm1011113
GOLD(XAUUSD)LONG POSITIONResumption higher for gold soon.This is backed by a weaker dollar based on correlationLongby Youngloyd2
GOLD - Pin bar bullishA bullish pin bar has formed on the gold chart, suggesting a potential rise in gold prices. If the price breaks above the 2325 resistance level, this would confirm the bullish trend. It is advisable to set a stop-loss in the 2310-2305 range to manage risk in case of a breakout.Longby me22_5
GOLD BUY ENTRYSL = 50 Pips ——— 🚨 Please Always Use Proper Risk Management and Trade Management 🚨 Mind you - Trading always results in a Profit or Loss outcome, You don't have to trade everything you see in the market. Trade only Good setups and we know them when we see them - Be Patient. ⚠️ PROP TRADERS: Risking 0.5% to 1% per trade is a good risk - Don't try to meet your target profit in one go. ⚠️ Be mindful of FOMO - It's best you wait for a better setup than setting yourself up. LESS IS MORE & PATIENCE IS KEY - MaximMintzLongby MaximFxBossUpdated 8
GOLD (XAUUSD): Ahead of CPI, FOMC & FED Rate Decision,Your PlanTraders, please keep in mind that we have important economic events such as the US CPI & FOMC, as well as the FED Interest Rate decision later today. Here is my analysis for GOLD before the news. The pair recently broke through a key daily support level, leading to a new lower low and a correctional move. On the 4H chart, a bearish flag pattern is evident. A break below the flag's support would indicate a strong bearish trend and trigger a sell-off. It's important to note that the previously broken support level now acts as a strong resistance level. On the other hand, a bullish breakout above the highlighted supply zone with a 4H candle closing above it would signal a strong bullish move.Shortby linofx1335
XAU/USD 12 June 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same as yesterdays analysis dated 11 June 2024. -> Swing: Bullish. -> Internal: Bearish. Price has continued to trade to the downside Price has now pinted a bullish CHoCH which indicates initiation of bullish pullback phase. 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. Yesterday's intraday expectation dated 10 June 2024 was for price to price to print bullish CHoCH, trade up to premium of internal 50% EQ before targeting weak internal low. Price has printed a bullish CHoCH which is indicative of bullish pullback phase initiation. Intraday expectation: Price to continue bullish, react at premium of 50% EQ or H4 POI before targeting weak internal low. H4 Chart: M15 Analysis: Analysis/Bias remains the same as yesterdays analysis dated 11 June 2024. -> Swing: Bullish. -> Internal: Bearish. Price has printed a bullish CHoCH which is indicative of bullish pullback initiation. We are now trading within an internal high low. Yesterday's intraday expectation was for price to print bullish CHoCH to indicate, bullish pullback initiation. Price to trade up to premium of 50% EQ, or, M15 supply zone before targeting weak internal low. Bullish CHoCH has been printed. Intraday expectation: Price to trade up to premium of 50% EQ or M15 supply zone before targeting weak internal low. M15 Chart: by Khan_YIK2
still seeking for buyi expect to see such move, i think with some patience we can enter in right position in right price Good luck Arya the traderLongby Aryanouri114
DeGRAM | GOLD back in the channelGOLD is back in the channel again. After a decrease in volatility, the chart formed a long green candle, which immediately brought the price back to the channel boundaries. Now XAUUSD is trying to consolidate above the lower boundary. We expect a rebound in case of consolidation above the channel boundary. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAMUpdated 3314
long term down trend is over?It seems that the increase in demand for gold does not allow a lower low to be formed. We should wait for a while and patiently enter into long postion, if we will sure of the weakness in the formation of lower low. Longby Goldminer10Updated 228
GOLD 4D TF BearishGold Market Outlook Fundamental aspects - Gold prices remain under pressure, continuing their bearish trend after a steep sell-off last Friday. Today, gold prices fell as the U.S. dollar strengthened. This rise of 0.1% in the dollar makes gold more expensive for holders of other currencies. - Tomorrow we have CPI data. If the upcoming Consumer Price Index (CPI) report shows higher-than-expected inflation, the likelihood of the Fed delaying rate cuts could push gold prices below this level 2,277. Additionally, if the Fed’s dot plot indicates minimal or no rate cuts this year, gold could face further downward pressure. - Considering the current strength of the U.S. dollar, the approaching CPI report, and the expected Fed stance on interest rates, the short-term outlook for gold remains bearish. If inflation data and Fed projections support a delay in rate cuts, gold prices are likely to break below the key support level of $2,277.34. Traders should stay vigilant and monitor these developments closely as they impact the gold market. - The Federal Reserve’s June meeting with a policy decision expected on Wednesday. The Fed is widely expected to keep interest rates unchanged. However, economic projections are anticipated to show fewer rate cuts than previously expected due to persistent inflation. High interest rates reduce the attractiveness of non-yielding assets like gold, as investors prefer bonds and other yielding investments. Technical View The key level is 2,234. A sustained move under $2,344 will signal the presence of sellers. If this creates enough downside momentum, then look for the selling to possibly extend into the last swing bottom at $2,277.34. This could trigger an acceleration to the downside with the next target bottom at $2,146.15.Shortby GOLDFXCC5
Heading into pullback resistance, could it reverse from here?The Gold (XAU/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support. Pivot: 2,319.97 1st Support: 2,286.09 1st Resistance: 2,351.54 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets5
XAUUSD, time to SELL? Despite a visible attempt to return to the upside on the LTFs, I am still selling gold on the MTFs. On Wednesday, following the economic announcements, we returned to the bearish equilibrium on the MTFs. The price immediately reacted downwards (we also rebounded on an order block). In my view, there are two possible scenarios: - Continuation of the downtrend without a return to the OTE zone - Return to the order block in the OTE zone before resuming the downtrend. If my 2 zones don't react and we continue the BOS on the LTFs to the upside, then this could mean a change in trend. I will therefore be looking for gold sales over the next few days. Feel free to subscribe and boost this post if you enjoyed my analysis, as well as tell me what you think in the comments. Happy trading and have a good weekend :)Shortby InfiniteY27
XAUUSDI'm currently bullish on Gold as price looks like it was creating a HL on the higher tf, to then expand even higher. We can see a clear shift happening in Gold atm on the smaller tf, which I do believe is the move to push Gold to new highs or at least get a major rally up. Gold will be volatile around 3pm so watch out.Longby MordecaiCleggUpdated 3
Gold's rebound continues Sell, the target is still below 2300We are mainly bearish on gold in the near future. Now the gold price is still in a downward trend. As long as it rebounds, it will give a better Sell price. Yesterday, the gold price fell below the 2300 integer mark as expected. Today, it is likely to try the support of this area again. It is currently rebounding strongly, but I personally think it is just a rebound, not a reversal, so you can consider selling in this area, with a target of 2300. The gold 1-hour chart rose, but it still did not break through the high of 2326 after yesterday's US data. Under this position, gold is still dominated by shorts, but it is worth noting that if gold cannot fall quickly today, it may start to build a bottom structure. If it continues to rise and fall, and falls quickly, then the short trend of gold will not change.Shortby Get-rich-signal3
Gold in pulback for breaked trend Gold in pulback for breaked trend Highest price betwen 2322_2330 and can short it for 2250 and 2200Shortby erfan_hy2
Check the trend It is expected that the price will change the trend in the current resistance range and we will witness the beginning of the downward trend. If the price crosses the 100% level, it will be possible to continue the upward trend up to the resistance range by STPFOREX1