Gold pre open marketHello, gold might make a nice leg with a continuation of the price decline to 2279.Shortby paullefebre924
NASDAQ BUY NOWHi Traders we have XAU/USD Trade BUY. analysis made from H4 having formation of HH and HL and on H1 we failed to break to downside. Entry Reason: bullish engulfing candle stick support level Certified price action king Longby Low-keyFXtrader4
GOLD BERISH i aspect GOLD to respect my berish FVG when news come in i aspect a 50% retrecement followed by a continuation to the downside Shortby Thund3r_FXUpdated 3
GOLD Downtrend Line Rejection At $2309.65 11.06.2024Downtrendline rejection at $2309.65 in 30-minute chart of XAUUSD. If rejection holds: Target 1: $2287.41. Target 2: $2260.28 if $2287.41 is broken. If rejection fails: Target 1: $2325.52. Target 2: $2337.29 if $2325.52 is broken. Apply Risk Management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) Disclaimer Shortby BDSwiss_Academy3
THEY WANT YOUR GOLD, BUT CHEAPER :)The number of traders that got liquidated last week is so high that probably big funds has decided to buy your gold, but at discount price. My previous idea about gold went really good, and I think that now we are going to see a fake moves. My main target for GOLD is above 2400, so I am looking for a good zone to buy some. I think that price can range in the next days, before resuming the drop till the 2.220/1.990 area. I will wait the price there before taking any movesLongby CryptoForexGem4
The gold market is showing a clear downward trendGOLD ultimate night time had a decline again to the 229x area. Regarding the primary trend, Gold is presently in a downtrend. As for rate and in keeping with technical analysis, I see that Gold continues to be growing in reaction to the buildup regions of the Buyers. >This Friday, all buyers can discuss with Canh Buy Gold 2302>2305 SL 2300 TP 2313>2320 >Sell Gold in keeping with the response of MA and Yesterday`s border Around 2322>2326 SL 2328 City 2315>2306 These are the Price zones I will wait to trade. If you guess short, you may purchase small and wait till the 2x area to promote again -- Gold fee forecast The gold marketplace is below strain as current US monetary facts suggests that the Central Bank of this united states of america will best have one hobby charge reduce this year, in preference to 3 as predicted in March. However, , a few economists be aware that the opportunity of hobby charge cuts continues to be possible. According to North American economist Ashworth of Capital Economics, any choice on financial coverage with the aid of using the Fed will rely on the fitness of the economy. According to him, the opportunity of reducing hobby fees as early as September may want to manifest if upcoming US monetary reviews display that the exertions marketplace is weakening and inflation has a tendency to lower sharply. Investors are predicting that 64% of the Fed will reduce hobby fees in September, down from 71% formerly predicted.by TheLeader_WOLF4
A Glimmering Outlook for the Bullish InvestorGold, the timeless haven, is poised for a potential resurgence in the coming months. Here's why a bullish outlook for the precious metal is justified: Weakening Dollar: The Federal Reserve's recent dovish shift, signaling potential rate cuts, could weaken the US dollar. A weaker dollar historically translates to a stronger gold price, as gold becomes a more attractive investment. Geopolitical Tensions: Geopolitical instability around the globe continues to simmer. Investors flock to gold as a safe-haven asset during times of uncertainty, driving up demand and potentially pushing prices higher. Inflationary Pressures: While the Fed aims to combat inflation, lingering concerns and potential future spikes could see investors seeking a hedge. Gold is often seen as a hedge against inflation, as its value historically tends to hold steady when fiat currencies weaken. Supply Chain Disruptions: Ongoing supply chain disruptions could limit the availability of new gold, further tightening the market and potentially pushing prices up. Technical Indicators: Some technical analysts see potential bullish signals in gold charts, suggesting a price breakout could be on the horizon. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions. Longby blamezakUpdated 4
$XAU #Gold Trading IdeaXAU/USD (Gold) is trying to bounce back from this discount zone. Looking for a potential movement to the upside. FVG and Golden Zone work like a magnet for me. Looking forward to catching that short/sell at around $2368.80.Shortby planfomo4
GOLD/XAUUSD MONTHLY Higher speculations this week ahead on FOMC/FED rate, Im expecting price could go higher again atleast 2500 level befor it rips below 2000 level. This idea base on MOnthly opening on MAY and this June month. Im expecting price to go lower after the New high. Im not saying this trade a buy this time. Im buying 2000 level again for longterm hold. If youre on scalping this is not for you. THis idea are for longterm trades or monthly or Quarterly . Im expecting the dollar might go back again. imagine those level 104$ not so much changing. Now I will be updating this idea once the price goes above and Goes lower or 2000 level again.. This might be the boring trades you got. This is not a financial advice. Follow for more MOnthly trades on $GOLD. ciao. Im here to give you context on higher view. Longby keno19892
Goldgold 1 hour time frame With capital management, we can enter a long positionLongby m0neyminerUpdated 3
GOLD BUY OPPORTUNITYIn today's Gold Spot (XAU/USD) trading setup, we're eyeing a buy opportunity as the price approaches the 71.8% Fibonacci retracement level at 2318.5, which also aligns with a previous resistance turned support. This confluence zone offers a robust entry point, anticipating a bullish rebound. Our targets are set at the -27.20% retracement level of 2348.20, promising a significant upside. To manage risk effectively, place a stop loss below the previous low at 2310.00, ensuring a favorable risk-to-reward ratio of 1:3.5. This setup provides a strategic entry with a high potential return, making it an attractive opportunity for traders.Longby akumjoel4
GOLD POSSIBLE LONGS Should price close bullish into the previous support on the hourly TF ,creating a breakout and break back in while hitting SL. i will then patiently wait for bullish market structureLongby BM_ForexTrader3
XAU/USD Market Analysis PlanDate: 11/06/2024 - 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
Next week gold analysisMY PREVIOUS ANALYSIS WAS A PATTERN THAT WAS NOT SOMEHOW PERFECT NEXT week gold possible reaches the zone 2270-80 there we got a best entry point for selling 2350 is also an optional point for us in case of rejection we can take entry on retest of this zone Shortby noob_qasim4
XAUUSD. Weekly trading levels 10.06.2024 - 14.06.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_HobyUpdated 5
Brilliant Basics - Part 4: Multi-Timeframe AnalysisWelcome to the fourth instalment of our Brilliant Basics series, where we help you achieve consistency and discipline in foundational concepts that create a platform for long-term success. Today, we’re diving into the world of Multi-Timeframe Analysis (MTFA) . We will explore how to use different timeframes effectively and consistently to gain a deeper understanding of market dynamics can improve your trading decisions. The Power of Multi-Timeframe Analysis Multi-Timeframe Analysis is the practice of examining the same market on multiple timeframes to get a more comprehensive view of its behaviour. This technique has no time lag and ultimately allows traders to refine their entry and exit points. Why Multi-Timeframe Analysis Matters: • Context and Clarity: By looking at multiple timeframes, traders can see the bigger picture and understand the broader market trend. This context is crucial for trade selection and management. • Precision: Lower timeframes provide detailed price action information, which helps in timing entries and exits more precisely. • Confirmation: Using multiple timeframes helps to confirm signals, reducing the risk of false breakouts or reversals. How to Perform Multi-Timeframe Analysis 1. Select Your Timeframes: Choose three different timeframes: a higher timeframe for context, an intermediate timeframe for your core analysis, and a lower timeframe for precise entries and exits. The timeframes you select will depend on your trading style. For example, you might use the following: • Higher Timeframe: Weekly chart for the long-term trend (top right) • Intermediate Timeframe: Daily chart for the medium-term trend (left) • Lower Timeframe: Hourly for short-term price action (bottom right) Past performance is not a reliable indicator of future results 2. Analyse the Higher Timeframe: Start with the higher timeframe to understand the bigger picture market structure. Is the market trending, range bound or in a random whipsaw structure? 3. Refine with the Intermediate Timeframe: The intermediate timeframe is your core analysis timeframe. It should provide key levels of support and resistance and more detail on the current trend and momentum in the market. Trend continuation traders can look for pullbacks, consolidations, and continuation patterns that align with the higher timeframe. While reversal traders can look for reversal patterns that align with key levels on the higher timeframe. 4. Pinpoint Entries and Exits on the Lower Timeframe: Finally, use the lower timeframe to time your trades with precision. Look for reversal patterns, breakouts, or pullbacks that align with the higher and intermediate timeframe analysis. Examples Example 1: FTSE 100 MTFA Weekly candle chart (top right): The FTSE is trending higher having broken through key resistance and prices are pulling back from trend highs. Daily candle chart (left): The FTSE’s pullback from trend highs has formed a descending retracement line. It has also formed a clear swing low. Hourly candle chart (bottom left): Whilst the hourly candle chart has a bearish bias, given the bullish context of the higher timeframes, swing traders could potentially look to buy bullish reversal patterns at swing support or wait for the market to break above the descending retracement line. Past performance is not a reliable indicator of future results Example 2: EUR/GBP MTFA Weekly candle chart (top right): EUR/GBP’s dominant structure on the weekly timeframe is rangebound. However, we can see that the market has just broken a level of support. Daily candle chart (left): The daily timeframe highlights the significance of the break below support – the market gapped lower and a descending trendline has formed. Hourly candle chart (bottom left): Momentum on the daily and hourly timeframes are aligned, and this momentum is not contradicted by the weekly candle chat. In this scenario, traders could look to sell into pullbacks on the hourly candle chart. Past performance is not a reliable indicator of future results Example 3: Gold MTFA Weekly candle chart (top right): Gold’s weekly candle chart displays a well-established uptrend. Daily candle chart (left): The daily timeframe shows that the market has entered a period of sideways consolidation – marking clear support and resistance. Hourly candle chart (bottom left): While the hourly timeframe shows negative momentum, the established uptrend on the weekly and daily timeframes provides the context to look for bullish reversal patterns at support. Past performance is not a reliable indicator of future results Practical Applications of Multi-Timeframe Analysis Aligning Momentum: MTFA helps you to understand the alignment of momentum across multiple timeframes. This alignment increases the probability of success. Conversely, mis-alignment of momentum could be a red flag which would help you to avoid taking a trade. Enhancing Risk Management: By understanding the broader market context, you can set more effective stop-loss levels and profit targets. This approach minimises the risk of being stopped out by market noise on the lower timeframes. Improving Trade Timing: MTFA allows you to enter and exit trades at optimal points. For example, entering a trade after a pullback on the daily chart that aligns with a breakout on the hourly chart can improve your risk-reward ratio. Summary Multi-Timeframe Analysis is a powerful technique that provides a comprehensive view of the market. By examining an asset across different timeframes, traders can gain deeper insights, confirm signals, and make more informed trading decisions. In our final instalment, Part 5, we will outline a Pre-Trade Checklist that can be applied to any trading strategy on any timeframe. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Educationby Capitalcom3
GOLD / XAUUSD UPDATE !!!!www.tradingview.com The gold market is currently in a holding pattern, with traders reluctant to make premature decisions due to upcoming significant news. A consolidation below the level of 2315 is observed. A false break of support has led the price to retest the 2310-2315 range, after which traders are pausing before the news release. All attention is focused on the forthcoming major events, namely the CPI and the Fed meeting. The key US CPI data will influence the Fed's stance on interest rates, which will, in turn, significantly affect the value of the US dollar and gold prices in the short term. The market anticipates neutral data (no change), which would likely maintain the same fundamental backdrop. However, the actual data is highly anticipated, especially after last Friday's unexpectedly high NFP. Any initial reaction to the US CPI data might be short-lived as gold traders will soon turn their attention to the FOMC & Fed meeting. Resistance levels are identified at 2315, 2325, and 2354, while support levels are found at 2305, 2291, and 2267. From both a technical and fundamental perspective, gold appears weak at the moment. Amidst high volatility, the price may attempt to breach 2325 and test the liquidity zone of 2335-2345, then transition to a decline phase if the fundamental backdrop is conducive. The risk of further decline remains substantial, but the upcoming news could either exacerbate this decline or disrupt the market structure. by Goldxking4
Gold's intraday roadmap. 11/June/24XAUUSD probably will have 50%/ 61.8% pullback until Wednesday Core CPI report. P/s it's better to short than long as there will be more "floor" than "ceiling" levels. by SteveTan3
Gold Long Term ViewGold is Gonna making HEAD AND SHOULDER pattern so if it makes then it can give us good short entry but in case of breakout 2385_2390 is a good selling zoneShortby noob_qasimUpdated 4
XAUUSD, expecting fall from M15 AreaXAUUSD, I am expecting that gold will fall from M15 OB, which has strong probabilityShortby ForexFeverYT2
Falling towards pullback support, could it bounce from here?XAU/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 2,292.30 Why we like it: There is a pullback support level. Stop loss: 2,271.43 Why we like it: There is a pullback support level that lines up with the 161.8% Fibonacci extension. Take profit: 2,334.80 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group. Longby VantageMarkets3
Hold 2305 Area ....Target 2350Dear Traders, if price hold 2305-2310 Area , i expect price will start upward movement to 2350 otherwise fall to 2270 , Keep Eye 2305-2310 !!!! Regards, Alireza!Longby alirezakUpdated 4
[GOLD UPDATE] Channel BreakoutGold have break the channel and travelling down. Its on its way to touch $2,299. Once break that the next level will be $2,286. Do trade with care as another major news is happening today. Cheers allShortby stewart4986112