long on Golda long position was entered upon breakout of what appears to be a falling wedge pattern which is a bullish reversal pattern from the steep drop that happened on the last day of the previous week. TP and SL is as below stay safe and happy trading!!Longby jonathanelayoUpdated 5
Gold 2305 short In view of the large negative line closing last Friday, there is still room for decline in the short term, and the overall trend is still biased towards the bears. What is needed now is to wait for the bulls to pull back and then continue to fall. The key short-selling position above is maintained at 2303-05, which is basically equivalent to the first low point of the previous retracement and the quarterly line position of the daily line. The first target below will also be maintained around 80-70. If you agree with my point of view, remember to pay attention, and leave a message if you have any questionsShortby SignalkingUpdated 7
Gold price update: Losing more than 800 pipsHello friends, Yesterday, gold experienced a significant drop, losing over 800 pips and breaking through the crucial 2300 USD support and psychological level. Gold's recent movement created a false breakout, misleading many investors. Looking ahead, we anticipate a retest of the 2282 USD level, followed by a mild recovery in line with basic wave structure patterns. What are your thoughts on gold's future movement?by Odessa_MarloweUpdated 2121127
Attention price range before FOMCGold dropped from peak to 2,340 USD before Fed information After CPI rose to a three-day high past the $2,340/troy ounce mark, gold prices now appear to have digested that initial move and returned some gains amid a weaker dollar and Yields fell ahead of the FOMC event later in the session. The 2340 level is unlikely to hold before the FOMC. The 2352 resistance zone will be better for you if you want to SELL gold. Today it is predicted that the FOMC will continue to support the dollar, so the possibility of gold falling will be very high. Scalp support may be around the old bottom of 2390by TVS-TraderUpdated 7
"Live Signals & Analysis"Master Forex Trading: This headline grabs attention and communicates authority and expertise. Live Signals & Analysis: This highlights the valuable content viewers can expect, creating a sense of urgency and relevance.Long00:47by muntishabuilderUpdated 115
Gold is Ready For BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts Shortby ForexMasters2000Updated 6
get ready to sell moreafter every sideways movement the breakout occurs and in this case we are in the bear and hoping the bearish market will continue. china has also started selling gold, dollar also looks bullish. good luck and manage risk wiselyShortby ForxTayUpdated 116
Profited $18K, Fed rate decision, continue to short gold!Although gold rose beyond expectations and broke through 2335 today under the stimulus of CPI data, we still won a big victory in the short position! We added short positions near 2332 and 2338 respectively. Gold fell back quickly after touching 2341, and we closed the position manually near 2325; then when gold rebounded to 2330, we shorted gold again and closed the position manually again near 2323. Obviously, I made more than $18K in profit from today's short trade. Very considerable income! The Fed's interest rate decision and Powell's speech later may exacerbate the short-term volatility of gold. Of course, this is also an opportunity for us to participate in transactions and make profits. In fact, for now, judging from the recent US economic data, I think the Fed does not have the conditions to cut interest rates immediately, so it is very likely to postpone the rate cut, thereby suppressing gold; and Powell's speech is likely to express an optimistic attitude, thereby supporting the rise of gold, so in the next period of time, gold may fluctuate violently back and forth! From a technical perspective, I think gold is likely to hit the 2350-2355 area during the violent fluctuations. If gold breaks through this area strongly, it may even reach around 2370. So after closing the short position to make a profit, I have not participated in short trading again. But even if I am bullish on gold now, I will not chase the rise of gold. I may even try to short gold in small batches in the 2350-2355 area. If it breaks through this area strongly, I will choose the opportunity to short gold again in batches around 2370. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !Shortby Trading-HawkeyeUpdated 7
XAUUSD H4 | Bearish Reversal?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2328, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 2291, a multi-swing low support level. The stop loss will be at 2360, 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. 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. Shortby FXCM5
Gold Massive Sell Setup!!Based on the daily timeframe, a downside structure is clearly forming. I strongly anticipate this to be a fake out leading to a massive drop during the New York session! NOTE: Proper risk management Please Follow me for more breakdown!!Shortby ShinForex1Updated 5
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 2296 to 2294. Additionally, a low-risk sell zone between 2335-2337.50 respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 2335 and 2337.50, serving as a low-risk sell. Important Demand Zone🟢: Identified between 2296 and 2294, serving as a low-risk buy. Bullish Targets📈: 2300: Possible retracement area. 2320: Possible retracement area. 2325: Possible retracement area. 2330: Possible retracement area. 2335: Significant supply zone. Ultimate Target: 2340- Liquidity area. Bearish Targets📉: 2330: Possible retracement area. 2325: Possible retracement area. 2320: Possible retracement area. 2300: Possible retracement area. 2396: Essential Demand Zone Ultimate Target: 2290- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss8
1206 CPI+FED big day for GOLDHello traders, The previous week , Canada and the European Central Bank—both allies of the United States—taking the initiative to reduce interest rates. Although the rate cut is not large, the purpose of cutting interest rates can be considered to cool down their high domestic debt on the one hand, and to provide a little buffer space for the Federal Reserve to cut interest rates on the other. Because of interest rate differentials, after Canada and the European Central Bank cut interest rates, some liquidity may flow back to the United States, bringing a respite to the tight liquidity in the United States. Now it is expected that no changes for Fed RATE in this week. Check on this daily chart for GOLD, it get support again from the red line after a sharp down last Friday. Gold's narrow range of shocks on Monday and Tuesday may accelerate its upward movement under the blessing of tonight's CPI data. Considering that the outcome of the Federal Reserve interest rate is coming later, it is recommended that the fluctuations end after the London market opens, choose the opportunity to buy long orders, control the position well, and hold the position until the Federal Reserve discusses interest rates. I am long on gold, but if there is an unexpected interest rate result, the stop loss must be within a range that I can accept. This is an opportunity that I think is worthwhile. GOOD LUCK! LESS IS MORE!Longby FUNTRADER-VeraUpdated 7
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 fell after the FED kept interest rates unchanged in June💥Gold prices (XAU/USD) gained positive traction for the third straight day on Wednesday and touched a new weekly high, around the $2,341-$2,342 region as US consumer inflation figures softened slightly. 💥Gold then fell sharply after data from the US Federal Reserve (FED) signaled there would only be one interest rate cut this year. in a context where inflation is still far from target. 💥The change in the Fed's forecast led to a slight increase in US Treasury yields, supporting the US Dollar (USD) after its overnight bounce from multi-day lows and further weakening prices. Yellow 💥Gold support is approaching at 2282. Gold prices could accelerate the decline after the $2,285 horizontal support is broken. That said, any further decline is likely to find some Support near the $2,300 mark before the $2,285 horizontal zone. Some further selling activity will be seen as fresh trigger for bearish traders and leave XAU/USD vulnerable to accelerating the decline towards the next relevant support near the $2,254-2,253 region. If gold trades above 2325 today, it will soon find higher levels such as yesterday's peak resistance area at 2340 and higher at 2355.by TVS-TraderUpdated 7
GOLD BULLS WILL DOMINATE THE MARKET|LONG Hello,Friends! We are going long on the GOLD with the target of 2363.420 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 117
$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
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves Fibonacci Level - 38.20% / 50.00%by ForexDetective7
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.Short04:44by ForexWizard016
$XAUUSD - Today’s Setup - 10/06Good mornings Traders ☕️ Gold dropped massively on Friday over 900pips, incredible. I believe this bearish trend will continue this week as well, so I am looking for sells. This are my zones. We need to see gold come back up before a continuation to the down side. Have a profitable week everyone! 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 alexm10116
GOLD - Starting another wave up to 2720 (+17%)GOLD is in a strong bull market, that's for sure. The key to success is to trade with a trend to increase the probability of your decisions. GOLD is likely to make a multiyear bull market and can double or triple in price in a few years. Of course, if you hold GOLD, that's very smart for the upcoming years. But right now, we need to take a look at short-term opportunities for swing and day traders. What I generally recommend is to trade with the bullish trend and employ only long-term strategies. Avoid shorting GOLD in general. As you can see on my chart, we have an ascending parallel channel, and the price is near its dynamic support upward-sloping trendline. What we want to do here is enter a long position. Also, my Elliott Wave count suggests that GOLD is going to make another 2 huge waves to the upside in the following few weeks. Always start making your Elliott Wave count from the bottom of the trend. This trend started on October 5, 2023. If you see something like (1)(2)(1)(2) at the start of a trend, it is called an Elliott Wave nest, a strong bullish setup. This occurs very often on the stock market and in Bitcoin, so make sure you learn this technique. Overall, I am very bullish on GOLD and if you trade futures, you can make good money with leverage. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.Longby XanroxUpdated 232365
XAUUSDHello traders ,what do you think about GOLD? Gold has hit the resistance zone of 2360 several times and has not been able to cross it. It has also reached the trend line now. It is expected that with a little fluctuation in this zone, the trend line will be broken and after the pullback to it and with the break of the 2280 zone, it will fall at least to the specified level. If this post was useful to you, do not forget to like and comment.❤️Shortby HAMED_AZUpdated 101081