Gold Approaches supplies again Gold is approaching a significant potential sell zone between the prices of $2345 and $2355. This substantial supply zone is expected to trigger increased sell momentum..... do well to follow for more insight , comment , and boost idea folk Shortby Ak_capitalistUpdated 5
Gold is double topping!Gold is double topping, will fall into the summer, before taking off. If we over-extend lower to the $2,000 level, then it'll be in fall that gold takes off. Taiwan war cancels this plan. A birdflu pandemic doesn't.Shortby EmptyEternityUpdated 27
XAUUSD Short IdeaGold is resting at Mitigation Zone as expected. Shorts can be taken down to 2310 level. Our buy from yesterday ran over 200 pips. Shortby trenderfxUpdated 5
Down trendYesterday Gold dump at 2309 After duming go up at 2327 Today Again dumping today dumping at 2300Longby Fxtiger-targets674
XAUUSD - GOLD Zone 2322 rebounded💵GOLD PRICE AND ECONOMIC INFORMATION Gold dropped to around $2,320 per ounce on Monday, following a more than 1% rise last week, under pressure from higher US Treasury yields, while market participants awaited further cues to gauge the Federal Reserve's monetary policy trajectory. Last week's data indicated that US consumer prices held steady in May for the first time in nearly two years, while producer prices unexpectedly declined. Analysis: Gold is currently stuck in the price range Current gold range: 2340 - 2295 Between the 2 EMAs of frame D. Large frame H4 shows a clear selling trend 🔴SELL GOLD: 2340 - 2342, SL: 2346 🟢BUY GOLD: 2307 - 2305, SL: 2301 ⛔️Breakout: 📈 Breakout on: 2340 📉 Breakout below: 2312 🔼Support: 2312 - 2305 - 2291 - 2286 - 2280- 2274 🔽Resistance: 2338 - 2340 - 2350 GOOD LUCK EVERYONE👍Shortby Scalper_Ananda5
Gold price makes new breakthrough!At the start of the trading session on June 21st, gold prices saw an uptick, spurred by market anticipations of an impending rate cut from the U.S. Federal Reserve, following weaker-than-expected retail sales data earlier in the week. While gold may have lost some of its upward momentum, the overall market sentiment remains largely optimistic. Numerous hedge funds have pivoted towards gold, which has helped maintain a solid support level at $2,300 per ounce. A significant pillar bolstering the gold market is its status as a safe-haven asset, providing a hedge against risk amid ongoing global geopolitical instability. Gold Price Forecast The gold market is poised for a resurgence as the Federal Reserve's monetary policy becomes more defined. With an expected shift in policy direction, investment demand from the West is likely to increase, potentially setting the stage for gold to soar.by Trader_BrianFXUpdated 5
Gold. My main wave counts. 20/June/24XAUUSD probably now trending now to wave (ii)(yellow) @ around 2306 where there is a 1 hours F.V.G (Fair Value Gap ) need to be filled. Longby SteveTan3
GOLD Ready to go downExpected movement for now I'm already entered and sell limit still not activated. SL use at according to your margin if anything will update *My personal trading details. use at your own riskby chamitha454
Gol sell- Update on analysisHere is an update to follow up on my Gold analysis in the AM. I missed some good pips in a sell and that is okay. I've caught some good ones too. Feel free to ask questions in the comment section04:04by DrBtgar5
Personal Opinion, we have more opportunity to open a Sell trade!My analysis yesterday was successful. Now that we see that it has reached 2317, it is creating a resistance between 2324 - 2323, making a 'bearish houri candle chart' at (30m chart), which means that we will continue to see the sale to the destination at 2288, it is expected and I have seen that there is a possibility that arrive in 2 to 3 days when the Market reopens. We think it may also follow him to the incredible 2220 to 2188 hit that Order Block Which was created on March 21st.Shortby BuildProft5
We are back in the rang, pullback and down to the lows.Price rejected in H4 breaker and moved back sharply to the range. I'm expecting IFVG and Breaker to be resistant to the continuation down. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Follow me for daily updates. Jun 15 Comment: Share your charts and opinions in the commentsShortby Dave-FX-Hunter4
GOLD - BULLS YESTERDAYGold gave the bullish setup yesterday that finally delivered a total move of $23 for gold to the upside. resulting in a possible 2,300 points move - just by trading 1 lot on gold here you could have gained $2,300 on your account with max $450 as risk - so giving you a 1:5RR for those ready and wanting to be part of our community - like and follow us for more. the community links will be made available early July 2024.Longby InForMe_Analysts3
XAU/USD Market Analysis PlanDate: 18/06/2024 - This analysis is a case study only, a study of investment advice and does not provide signals to inform you of responsibility for the actions to be taken. ❤ Shortby Liquidity_Trap4
PLAN XAUUSD 6/17Gold is testing the support zone around 2325. After breaking this price range, gold has increased to near 2340 and declined again. During the Asia and Europe session, you can sell gold at this price range with the goal of retesting the support area around 2320. Support: 2311 - 2304 - 2298 - 2291 - 2286 - 2280- 2274 Resistance: 2330 - 2338 - 2340 - 2345 - 2350 -2365 🔴SELL ZONE 2345 - 2347 stoploss 2350 🔴SELL ZONE 2338 - 2340 stoploss 2343 🟢BUY ZONE 2306 - 2304 stoploss 2301 🟢BUY ZONE 2300 - 2298 stoploss 2295 Scalping strategies will be taken until the resistance - support zones above have an entry signal.‼️ Note: TP, SL are full to be safe and win the market.Shortby Winlouh5
Gold buyIf Gold moves above 2340, we will see 2375. Using H1, we will wait for price to break above 2340, retest our horizontal line , then we will till 2375.Longby KairosFX15
Closing my Selling order with Profit / #52 Profits rowAs discussed throughout my morning's commentary: "My position: My #2,335.80 re-Sell order triggered #10-point Stop-loss as I took the Risk and held the order over-night. As explained, Gold could aggressively fill both Support or Resistance zone however these are Fundamentally driven sessions where Gold is soaring without any signs of stopping and Trading such sessions brings huge dose of Risk as Gold might continue soaring all the way towards #2,400.80 benchmark, or aggressively lose value which is disastrous for one's capital. Even though it is Friday's session and Gold could extend the relief rally (besides critically Bearish Technicals), I repeat these are Fundamentally driven sessions and Selling such motions is very dangerous. However since I do expect equally strong decline to correct current Inflated Prices on Gold, I engaged Selling order on #2,367.80 with now Stop on breakeven with #2,327.80 as my first / optimal Target. If this fails, I will take no more orders and monitor the Price-action fluctuation from sidelines towards market closing. Once again Technical proper trend is distorted by Fundamentals. Patience is required." Aggressive Selling correction to Inflated Gold's Price came as no surprise as I closed my Selling order with excellent Profit (#2,367.80 - #2,335.80) on a fine #32 point run extending my results range to #52 Profits and #12 Stop-loss hits regarding December - June cycle. I will use this chance to congratulate Traders who followed my re-Sell calls as they can take early weekend break, well done!Shortby goldenBear884
Lingrid | GOLD in the CONSOLIDATION zoneThe price perfectly fulfilled my last idea. It reached the target zone. After the market broke through the critical level at 2330, it plunged downward. OANDA:XAUUSD close below this level suggests a prolonged range-bound market is likely to persist. However, if the price experiences a pullback toward the top of the range zone, I anticipate a potential selling opportunity because the price has repeatedly bounced off this level before, and the recent large bearish candle that broke through it serves as a clear indication of its importance. As a result, I expect the price to retest the lower boundary of the range. My goal is the previous support level at 2286.000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻 Shortby Lingrid141450
You know Price will decrease again..As you know The fed now expects only one rate cut in 2k24,compared to the three previously projected,this is likely tu put more pressure on decreasing gold price .In the end of the week, as i showed in my previous idea. Oliver'x Opinion On the basis of identification of H1 fram Looks like the selling pressure is high,All economic data, didn't Inc: gold price yet. The important thing that causes to dec: in gold price is that the feds interest rates will be kept unchanged . Set up:- BUY ZONE 2275-2265 TARGET :-2280 TARGET:- 2287 TARGET:-2295 SL:-2260 SELL GOLD:- 2327-2321 TARGET:- 2316 TARGET:- 2309 TARGET:-2304 SL:-2333 Wishing you best trading day 💗 Remember that: dicipline, patience,and managing the capital is the factors that can make victory possible,🔥Longby Oliver_Targets13
Gold to be monitor for sell opportunityGold signaling reversal from the recent extended buy on higher timeframe with both weekly and daily chart are showing selling pressure. On Friday, we have seen H4 showing sign of buying. However, on the D1 ,the overall still sell bias. We are waiting for H4 to provide a confirmation on buy reversal signal with small candle to indicate sell. Overall if gold fall below $2,335. We would retest range support at $2,280 and potential target at previous breakup of $2,185. On M15 timeframe, gold hitting a resistance at current price, however, if trend not yet confirmed reversal on H4, gold could hit $2,370 Shortby Juliustradingz3
XAUUSDXAUUSD price is near the support zone 2280 - 2267. If the price cannot break through the 2267 level, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324Updated 23
XAUUSD, CHoCH in M5, expecting a down move nowIn XAUUSD, There is Choch in M5, M15 chart is showing just for posting the idea, expecting a down move nowShortby ForexFeverYT3
Gold Will fall like Lucifer Looking from the chart Gold has hit an upper limit in the channel and it's coming down from here... MAy God help us as we stick to our plan and take max profit. Remember, in coming down there will be little pull backs but do not fright... Follow the plan. Stay safe Shortby SwiftTradr3