xauusdBuy on gold due to the fibonacci ratio at 50, price is generally on an uptrend.Longby mandelan682111
gold - fold this idea is test . how to work to the trdvew ? Life is not a rehearsal. Each day is a new show, no repeat no rewind. Perform carefully live the best, choose the best and do the best. When life is sweet, say thank you and celebrate. When life is bitter, say thank you and grow. .I am not afraid of tomorrow, for I have seen yesterday and I love today White Shortby trdwsusrs81700110
sells XAUUSDXAUUSD is at a very strong selling zone at 2426 and if price respects that area we shall see sells towards 2346 area, just above the 200 SMA. Shortby josephazran226
GOLD The Target Is UP! BUY! My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2358.2 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2402.4 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 2210
XAUUSD H4 | Bullish Bounce off Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 2371, an overlap support Our take profit will be at 2401, a pullback resistance The stop loss will be placed at2329, which is a pullback support High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM1111
GOLD Will Move Lower! Sell! Please, check our technical outlook for GOLD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2,414.246. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2,349.686 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 2211
Long Gold, target 2,495It was a good retracement for gold and now its time to complete wave 5 to reach 2,495 in the next days. Good LuckLongby richard7_Updated 23
Gold sell (Still valid)UPDATE: Sell order have been filled Price Action have been validated. Don't overleverage your account, take this trade idea on demo account. Practice makes perfect. Don't forget to FOLLOW SHARE LIKE for others to see as well. Click on the profile for our socials. Happy trading OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY Shortby PLETHORAFOREXINSTITUTE1111
Trading Signal For Gold Trading Setup: There is a Trading Signal to Buy in Gold XAUUSD (m15) Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 2378.0 ⭕️SL @ 2362.6 🔵TP1 @ 2424.2 🔵TP2 @ 2449.1 🔵TP3 @ 2470.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments . Longby pullbacksignalUpdated 2219
Xauusd Weekly Analysis (4H time frame)We expect xauusd price continues its downward movement to the support zone (2300 to 2312) and back upward to resistance zone (2374 to 2364). Then the price will fall again to the support range of 2334.by SalimiFinancee1112
XAU USD SELLThere is a potential trend reversal on the 1 hour timeframe. If it's going down, the downtrend will be followed up on higher time frames so a huge sell. Stop loss :2441.5 Take profit: 2382.4 or keep it open and wait for higher time framesShortby Visionary_insightsUpdated 22
Don’t panic because of the adjustment, gold is bullish near 2405 This time, unlike four years ago, the surge in gold in 2020 is due, on the one hand, to the sudden epidemic, which has led to market uncertainty about the future, and, on the other, the massive monetary easing by the Federal Reserve. Today, the Federal Reserve has already tightened policy and has been clamoring to raise interest rates. Fed Governor Bowman has repeatedly reminded the market not to be too optimistic. A drop in inflation does not guarantee that interest rates will not be raised in the future. Federal Reserve voting committee member Mester also said yesterday that she believed three interest rate cuts this year were too many. Based on the current economic development, too many interest rate cuts are not suitable. The US economy is slowing down. This is already an event. Politicians will not come out and say that their economy is going to collapse. They are optimistic that there will be a soft landing and inflation will continue to be high and interest rates will be reduced to 2%. The market situation does not mean that the higher the frequency, the better, nor does it mean that a small amount adds up to a large sum. It is about clarifying the main trend, then turning the short-term into a long-term, and continuing to make profits. It is unrealistic to try to counter the trend. Because it does not mean that a rise will necessarily lead to a fall, and a big rise does not necessarily mean a big fall. This is not a positive or negative relationship. Just like many people’s understanding of the Fed’s interest rate hikes and cuts is very one-sided. The end of interest rate hikes does not mean that It is necessary to raise interest rates. It is absolutely possible to maintain high interest rates without increasing or decreasing them. I have repeatedly emphasized that once you miss the gold rally, you may not be able to encounter such an opportunity even if you wait for ten years. But even if you participate, you do not have a deep understanding of the trend and cannot make profits, and you will always be pessimistic. I think it’s because the market is not good, I’m not lucky, and I’m not good enough. In fact, none of the above has anything to do with it. Wealth is determined by the track, and investment is determined by trends. Just like if you invest in stocks in the United States in the past 20 years, the trend will take participants across classes. Don’t be afraid of heights. There will be adjustments after rising. This is a normal market behavior. Yesterday, the price of gold adjusted downward from 2,450 US dollars. It was just a short break. It will not have an impact on the rise. Instead, it is an opportunity to get on the train. After the gold price hit $2,450 yesterday, it continued to fall back. The current support is at $2,407, which will be adjusted. However, the structure is still mainly low and long. We are not considering shorting gold at the moment. Therefore, we should pay attention to this kind of sharp rise in the market, especially after the data weakens, we should not go low again. Today, gold is long near 2405, and the loss is at 2390, avoiding the previous top-bottom transition position of 2396. The span of the target area above is enlarged a bit, at 2430-2440, and the stop loss will be adjusted by moving up at that time. Longby Yuliya10Updated 1110
GOLD- TRADE ACTIVATEDFollowing my previous post, the trade is now activated, fingers crossed lets see how will it play, GOOD LUCK IF YOU ETERED Longby MR-FX4229
GOLD → Will the bullish sentiment persist after the news?FX:XAUUSD is growing and testing local descending resistance. Growth is associated with the decline in the dollar index on the background of Powell's comments. Ahead of the news on inflation... Technically, on H4 the price overcomes the correction phase and returns to the bullish rut, testing the local maximum. Bulls are focused on consolidation above 2350. If this can be done on the background of the news, 2400-2500 is ahead. Traders are waiting for the inflation report, which may be ambiguous like PPI. A slight weakening of the situation may weaken the dollar, and gold will react appropriately. Resistance levels: 2378, 2400, 2418 Support levels: 2352, 2336, 2328 The mood of traders is bullish, which can generally determine the medium-term outlook for us. But inflation can both strengthen this bullish mood and weaken it. Trade carefully! Regards R. Linda!Longby RLindaUpdated 111190
Long Opportunity 5/21/20242414 support weekly support tested multiple times on 4H (support respected) Bullish retracement breakout to then retest 61.8% of the bullish move post breakout targeting 1.272 extension which is slight above 2435 which is monthly resistance and was tested during the breakout. Price will likely break through if it doesn't I will take profit here or just adjust my SL to Break even in order to maximize the trade as I aim for 2441 and 2450Longby BetterBusinessBullyUpdated 119
Closing my Selling order / #42 Profits rowAs discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,436.80 entry point (optimal Target remains #2,400.80 psychological benchmark). My Selling order is running in decent Profit and will re-Sell Gold when / if #2,400.80 benchmark fails to hold." I have closed all my Selling orders (#2,436.80 - #2,412.80) on an fine #24-point Profit, extending my results range to #42 Profits and #9 Stop-loss hits regarding October - May cycle. I will use this chance to congratulate Traders which are Selling every High's that Gold delivers, well done! Technical analysis: Gold has made a temporary Low’s and temporary High’s near psychological levels of #2,400.80 and #2,452.80 with third straight Daily chart’s green candle (followed with bigger than usual Selling Volume delivering series of Bearish candles). Both Hourly 4 chart’s breakout points are intact however all MA periods are pointing to aggressive takedown as #H4 and #D1 are in perfect alignment with the respective Selling sequence where the movement neckline is dictating healthy Descending Channel on Hourly 1 chart which restricts the Price-action back above #2,400.80 - #2,412.80 Support zone (Technical maximum at this point). My strategy remains to Sell every local High’s which Gold delivers, proven to be very safe and is delivering optimal framework pointing to prolonged weakness ahead on Gold on Medium to Long-term. As mega Bullish rally is showing signs of exhaustion, Resistance zone attempt failed and Gold is delivering more and more sustainable Selling reversals and since the Volume is Low and Investors are less interested in Buying, I do believe if #2,400.80 benchmark gets invalidated, Selling sequence will extend towards #2,352.80 benchmark (as shown historically within current Selling sequence). The #2,400.80 - #2,412.80 local Low's was achieved on sequence of #3 Hourly 4 chart’s Bearish candles and this is typically a Selling continuation signal since Price-action is isolated within Descending Channel. My position: Currently I am without the order, waiting for #2,400.80 initial break to pursue / re-Sell Gold towards #2,352.80 benchmark.Shortby goldenBear88228
⭐️ XAU/USD : Gold’s Pivot Point: The Rise or Retreat (READ)Hello Traders , Upon reviewing the gold chart in the 4-hour timeframe, we observe that the price, following our analysis, managed to rise by 170 pips to $2387. Since the range of $2386 to $2397 is an important supply zone, the price reaction to it was negative, and currently, gold is trading around $2383. If the price stabilizes below this level, we can expect a decline to lower levels (Scenario One). Otherwise, if the price increases again and the candle closes above the $2397 level, we likely will see a return to the $2400 channel (Scenario Two). I hope you make the most of this analysis! Additionally, today, if I receive enough support from you, I will announce several tradeable levels (both for SELL and BUY). Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban Shortby ArmanShabanTradingUpdated 171769
3 Best Fibonacci Tools For Forex Trading Hey traders, In this article, we will discuss 3 classic Fibonacci tools you must know for trading different financial markets. 1️⃣ Fibonacci Retracement Fib.Retracement is my favorite fib.tool. It is aimed to identify strong horizontal support and resistance levels within the impulse leg . We draw this tool based on the high and low of the impulse (from wick to wick) and it shows us POTENTIALLY strong structure levels determined by Fibonacci numbers . Common Fib.Retracement levels are: 0.382, 0.5, 0.618, 0.786 . Once one of the levels is reached, wait for a confirmation before you open a trading positions. Above is the example of an application of a fibonacci retracement tool based on a bearish impulse leg on EURUSD. 2️⃣ Fibonacci Extension Fib.Extension indicates strong horizontal support and resistance levels beyond the impulse . Similar to Fib.Retracement tool, Fib.Extension is drawn relying on impulse's high and low (from wick to wick) and it shows POTENTIALLY strong structure levels where the consequent impulses may complete based on Fibonacci number. Common Fib.Extension levels are: 1.272, 1.414, 1.618 . Once one of the levels is reached, wait for a confirmation before you open a trading positions. Above is the example of fibonacci extension tool based on USDJPY based on a bullish impulse leg. 3️⃣ Fibonacci Channel Fib.Channel shows strong vertical supports and resistances (trend lines) within the channel . The tool is drawn based on the trend line of a valid parallel channel (based on wicks) and it shows POTENTIALLY strong trend lines from where the market may retrace . The trend lines within Fib.Channel rest on 0.382, 0.5, 0.618, 0.786 Fib.Levels . Once one of the levels is reached, wait for a confirmation before you open a trading positions. Above is the example of a fibonacci channel on USDCHF. Remember that Fibonacci's are simply tools in a toolbox. In order to use them properly, you need to build a trading system around them, test it and confirm its efficiency. Educationby VasilyTrader3312
Great Last KissA retest in forex trading is the price action that occurs after a breakout, where the price returns to the level that was broken and tests it as a new support www.tradingview.com level.Longby Goldminer10Updated 227
GOLD SELL NOW AGAIN!!!!!!!Gold completed another +300pips from my yesterdays analysis predictions now price just revisit the fvg zone and am expecting another rejection for a new lows Am taking a sell from all fvg zone retested JOIN AND ENJOY..........Shortby CAPTAINFX2117
XAUUSDXAUUSD price is near the important support zones 2365 and 2355. If the price cannot break through the 2355 level, it is expected that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324117
XAU/USD 13 May 2024 Intraday AnalysisH4 Analysis: Bias/Analysis remains the same as analysis dated 12 May 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback. CHoCH is positioned at quite a distance away from current price, therefore, there is a possibility price could engineer a CHoCH closer to current price to indicate initiation of pullback. Previous intraday expectation dated 10 May 2024 was for price to continue bullish, react at nested Daily and H4 POI levels to start pullback phase which price is indicated as printing. Intraday expectation: Price to continue bearish, react at discount of 50% EQ or H4 POI, both of which are closely positioned before targeting weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a printed a bullish BOS and iBOS After BOS we expect price to pullback. First indication, but not confirmation of pullback initiation would be for price to print a bearish CHoCH which is denoted with a blue dotted line. Intraday expectation dated 10 May 2024 was for price to react at nested Daily and H4 POI levels to initiate pullback, which price did. Current Intraday expectation: Price to react at M15 POI, discount zone of 50% EQ or H4 POI before targeting weak internal high. M15 Chart: Editors' picksby Khan_YIK3434388
XAUUSD:17/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2400, support below is 2373-35 Four-hour resistance is 2400, support below is 2373 Gold operation suggestions: Yesterday, the technical aspects of gold surged rapidly in the Asian market and broke through the 2397 mark, ushering in a suppressed and volatile downward trend. The European market reversed for a second time and came under pressure of 2394, and fell back again. In the US market, the gold price continued to bear the influence of the initial unemployment claims data. It weakened again under the 2386 mark, and finally continued to decline to rebound and close around 2370. The overall price appeared under pressure below the 2400 integer mark. Yesterday, the European market opened down around 2392-94, which became a short-term strong resistance area. Judging from the 4-hour trend of gold, the short-term support below is focused around 2370-73. The overall focus is on the 2370-2395 area to maintain selling high and buying low. The strong dividing line for short-term bulls focuses on the 2350 mark. The daily level has stabilized and bulls are still strong above this position. There is no important data today. Beware of unilateral market trends. SELL:2397near SL:2341 BUY:2373near SL:2370 Technical analysis only provides trading direction! Longby ActuaryJUpdated 1110