Gold Analysis - Selling OpportunityGold Analysis - Selling Opportunity Open:2351 SL: 2410 TP: 2200 Shortby ahmedqotb1981Updated 2214
GOLD - at today support? Holding or not ?#GOLD.. perfect move as per our video analysis and now market place a day low near today supporting area. That is 2305 around. Keep close it if market hold it then again bounce expected from here. But keep in mind below 2305 cutt n reverse keep in hand. Good luck Trade wisely by AdilHussain731333Updated 7
XAUUSD June 18, 2024 a potential sharp declineGold prices are recovering after last week's sell-off as the US economy forced the Fed to adopt a more dovish stance. Weak manufacturer inflation data and a rise in initial jobless claims supported lower interest rates. Additionally, escalating geopolitical tensions, such as increased attacks by Hezbollah on Israel and more Russian warships in the Caribbean, have contributed to this rebound. Looking at the adjustment process from June 8 to the present time, we can see that this is a complicated adjustment process. - Trading in a complex correction is not recommended. We watch for this adjustment process to complete - During this process we can scalp in short price ranges in smaller frames. - When the price reaches the expected targets, we will consider placing an order. Looking at H1, we see that the wave C correction process is still continuing. We observe the price reaching the target price zones 2350 and 2356. - The price will confirm the target areas of wave C when it breaks out of the 2341.8 area, then we focus on observing the chart to find a Sell order. - In case the price breaks out of the 2296 price range, it is likely that the adjustment process has been completed and if the price also breaks out of the 2287 area, then the target price area for wave 5 is 2256 and 2210 will be the areas we focus on. closely to find Buy orders.Shortby DEEKOPUpdated 6
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Triple Topby ForexDetective7
XAUUSD H4 | Bearish BreakoutBased on the H4 chart analysis, we can see that the price is currently at our sell entry at 2315,(Breakout) Our take profit will be at2297, an overlap support. The stop loss will be placed at 2337, which is a swing-high resistance." 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. 73% 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. Shortby FXCM7
1 hour Time Zone 1 hour Time Zone say Gold price will pump 2333 Then dip at 2309 Longby Merry_forexmaster6
XAUUSDThis 8s what Gold potentially is saying and I am all in. Let's see what the market has to do. VHT YOUR MENTOR SIGNING OUTShortby Victor_Hunter_Turner6
GOLD: Medium term bias change. FULL MultitimeframePlease see previous ideas for more context The biggest update from previous analysis is that we are becoming more bearish on MTF Because price didn't hold and didn't develop previous described reaccumulation, instead we see bearish internal start to hold itself ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Shortby Yelli_tradesUpdated 7713
GOLD (Reversing to bullish trend)Technical Analysis: Gold The price reversed to a bullish trend after closing 4h candle above 2332, so the next bullish station is 2337 and 2357 Current Outlook: The trend appears bullish for today, as the price has stabilized above 2323. As long as it remains above 2323, it is expected to touch 2338, and above it will get 2357 Bullish Scenario: as long as the price trades above 2323 means has a bullish trend toward 2337 and then should break 2338 to continue the bullish trend till 2357, There is also the possibility of a price correction down to 2323.5 Bearish Scenario: As long as the price trades below 2321, it is likely to drop to 2302. A 4-hour candle close below 2292 would suggest a further downtrend towards 2260. Key Levels: - Pivot Line: 2321 - Resistance Levels: 2337, 2357, 2369 - S upport Levels: 2302, 2292, 2260 Today's Expected Range: The price is anticipated to move between the support at 2223 and the resistance at 2357. In summary, maintaining a position above 2323 supports a bullish outlook, targeting resistance levels. Conversely, breaking under the support line could shift the trend to bearish, aiming for a lower support zone.Longby SroshMayi7
Buy Gold @ 2304 -2300Buy Gold @ 2304 - 2300 Thursday 06/13/2024 12:24 PM EST 2292 StopLoss —> 2304.5 BreakEven+ TakeProfit 1: 2306 TakeProfit 2: 2308 TakeProfit 3: 2310 TakeProfit 4: 2312 TakeProfit 5: 2314 TakeProfit 10: 2324 TakeProfit 20: 2344 TakeProfit 30: 2364 Richard Eyo ~ The Wizard Longby richardeyo90005
$XAUUSD - Today’s Setup - 13/06Morning Traders ☕️ Gold is a bit messy at the moment, with yesterdays news and the following days, it’s a bit complicated to see a clear direction (is bearish on bigger time frames). Take those setups with a bit of salt 😎 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.by alexm10116
Gold Trading in Bearish watersFundamental analysis: Even though Bear cycle has started, Gold is delivering Bullish spikes however they are not as aggressive as they were. The decline on Bond Yields also helped (panic capital) as it is well known that when Bond Yields are losing with every Hourly candle, Gold should benefit. Gold is slowly approaching the #2,252.80 psychological benchmark on Spot prices as I expect it to be realized before Friday’s session (end of the week) on current Selling leg. Despite the fact that DX is still on a Medium-term Ascending Channel and well Supported on Daily Chart, Gold is pushed Higher (apart from the obvious Bond Yields Sell-off effect) as Fundamental developments are progressively adding Buying pressure on Gold and in most cases without any firm reason Buying is favored lately. Technical analysis: After testing and breaking #2,300.80 benchmark, I am even more certain in my Bearish outlook (remember my Lower Low’s strategy that Gold always delivers #3 Lower Low’s and #3 Higher High’s and then price a Natural correction to normalize Overbought or Oversold levels). I expected small pullback again where I would engage new set of Selling orders, pursuing #2,300.80 once again and #2,252.80 in extension. On every fiscal crisis and World’s economy on a decline, Gold is rising as an safe-haven (on High demand) asset and DX engages Buying rally once crisis is on the very own beginning, and gradually loses value as Investors step deeply into the crisis. Regarding today’s session / Critical day for Gold as it is on crossroads for the Short-term. The Daily chart remains an Descending Channel and Hourly 4 chart already Priced in a small correction / pullback motion. All are (Xau-Usd) Spot prices numbers. Hourly 4 chart completed #5 almost straight candles for the first time since February #15 (accomplishment rarely seen lately) which means that if today's candle closes below #2,300.80 benchmark, my estimations are pointing to #2,252.80 Weekly Low’s and local Lower High's Upper zone. My position: As yesterday's session contained Stop-loss hunt, I have set my Stop wider and fortunately I was not stopped out. However I have closed my order on breakeven and will Trade the CPI later on throughout the session as I will re-Sell Gold as Higher as I can ahead of the news. Regardless CPI or not, I do expect #2,300.80 and #2,252.80 Targets next.Shortby goldenBear88229
GOLD - Price can exit of pennant and then break resistance levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it at once broke $2375 level and fell to support line of channel. Then price some times tried to rise, but anyway fell back to support line, which coincided with $2320 level. Later Gold made upward impulse higher than $2375 level, breaking it and exiting from falling channel. Soon, price turned around and quickly declined lower than $2375 and $2320 levels inside pennant. Also recently, price turned around and started to grow, so, in my mind, price can exit from pennant and reach resistance level. After this, Gold can break $2320 resistance level and continue to grow to $2340 If this post is useful to you, you can support me with like/boost and advice in comments❤️Longby WalterMoonUpdated 6619
Gold next possible zone | Follow up.As you know after Dec: of Gold price on Friday.Gild market Opened and didn't Moved any long or short Look at the chart now we Identified that Gold Price will go up For retest Set your Targets 2325- And wait for Confirmed sell entry.Longby Oliver_Targets12
GOLD BUY TO SELLI'm expecting a bullish run on gold before we finally sell it of .We had OB Rejections as clearly seen and i'm expecting that fvg to be filled.Although we might witness equal high creations within to grab some liquidity areas of key interest are2,397 to sellby Sirkuda5
Gold next possible zone | Follow up.As you know after Dec: of Gold price on Friday.Gild market Opened and didn't Moved any long or short Look at the chart now we Identified that Gold Price will go up For retest Set your Targets 2325- And wait for Confirmed sell entry.Longby Oliver_Targets10
Bull Trap!still think we have room to go higher,Resistance at the mentioned level and we'll test the short. Waiting for the price to revisit 2291.13 We want to see support here, based on the price resisting we'll take a action price will decrease today or tommorow this level must be retest first... Shortby Goldminer10Updated 5
XAUUSD SHORTGreat opportunity to short gold. Waiting for the break of bottom red trendline for a nice entry. Looking at this chart on 4HR/DAILY candles. I think gold still has more room to the downside. Any opinions? :) Shortby BULLIONAREUpdated 5
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 fell as the trading week kicked offLast week, world gold prices increased by 1.9% even though the Dollar Index, which measures the strength of the USD against a basket of six other major currencies, increased by 0.6%. Gold prices rose after statistics showing softening inflation in the US reinforced the possibility of the Federal Reserve (Fed) cutting interest rates in September. After the CPI data dropped slightly, PPI also fell from 2.3% to 2.2% year-on-year, increasing the appeal of safe-haven assets as a hedge against inflation. The FOMC maintained its inflation forecast for 2024-2025, but the new dot plot shows at least one rate cut this year, applying some much-needed temporary pressure to gold prices. Net gold positions on the COMEX have gradually declined since a peak on May 21, suggesting waning interest among money managers. XAUUSD retreated from the support zone at around $2,300 with weak momentum and consolidated just below the resistance zone at $2,350. If it sustains above $2,325, the price could test $2,350 and the high set on June 7. However, if it trends below the $2,300 support zone, XAUUSD could drop to the support level. next psychological aid. Support: 2,300 – 2,288USD Resistance: 2,325 – 2,335USD 🪙SELL XAUUSD | 2338 - 2336 ⚰️SL: 2342 ⬆️TP1: 2331 ⬆️TP2: 2326 🪙BUY XAUUSD | 2279 - 2281 ⚰️SL: 2275 ⬆️TP1: 2286 ⬆️TP2: 2291 by Xayah_tradingUpdated 6
Gold rose 2400 this week? Last Friday, gold fell by $100 under the pressure of NFP data. But to be honest, this $100 drop is not the first time; Friday's drop is also common! But this trend comes out, how to operate, how to locate, how to deal with, is very critical! I also know that many people bought gold last week, resulting in huge losses. But I have been selling. So judgment is the most important part of trading. If you need my help, you can like my trading ideas article. Recently, many people have bought and suffered relatively large losses. But it doesn't matter. As long as I help you, you can stand up again soon. On the weekend and Monday, I emphasized Friday's trading and how to deal with Monday's follow-up. Friday chose to deal with the resistance point and chose to sell. We also won a great victory in the 2385-2338 selling order. Today's trend analysis. 1:1 hour temporarily corrected the trend, double support near 2290, strong support position near the previous starting point support position of 2275-2280! BOLL range, the first pressure position is near 2315. Temporarily under pressure, forming a short-term decline; the support positions are near 2295 and near 2285. 2: In the 4-hour period, the stochastic indicator golden cross rebounded upward. The middle track of BOLL gradually moved down, and the pressure position of the downward pressure position 2315 and 2330/2335 here can be selected to sell at the pressure point. Choose to sell near 2315 and sell here at 2330-2335 3: In the daily K, the range of BOLL is still there for the time being, and it has not fallen below or broken through, and the trend is in a volatile trend! Therefore, there is no unilateral trend for the time being; the strength and weakness dividing points of the unilateral trend are the starting point position near 2275 below and the previous historical high position of 2420-2440 above To sum up: In the short-term intraday, sell at 2315-2330-2335 above, and buy at the support near 2295-2285 before considering. If the support near 2285 continues to fall, the price will fall further.by money-making-machine-Updated 8
The Safe Haven Won't Be So Safe Any LongerWho know's what's coming as for news and real world, geopolitcal events? Not me... But as for the chart, the macro outlook on Gold paints a very interesting picture. Does it point to the acheivement of world peace or rather something we've never seen before? Maybe neither of the two, but $117 is a legitimate, long-term, macro target for gold. You heard it here first.Shortby DigitalSurfTradingUpdated 115
XAUUSD H1 I Bearish Drop Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2315, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 2291, a swing low support level. The stop loss will be at 2343, a pullback resistance level. 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. 73% 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. Shortby FXCM5