XAUUSD 30 As we discussed yesterday on XAUUSD the price is dropping. But I will advise to close some positions now and move stop to breakeven. 🤞🤞Shortby vbenking911
GOLD Trades Idea for Tuesday 18 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 18 June 2024 BUY LIMIT Order: $2318.66 Stop Loss: $2309.77 Take Profit 1: $2327.31 Take Profit 2: $2338.80 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 17 June 2024 Our trade got triggered late at night, let's continue to hold until the price reaches either stop loss or take profit 1! P&L for the month: -0.9R 03 June: +0.5R 04 June: +1.6R 05 June: -1R 07 June: -1R 14 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2RLongby Barry_Games_Trading1
Gold Selling UPON PRICE ACTIONIN view of PRICE ACTION gold is making LOWER HIGH and lower low now it has made of new Lower High which is a retracement before making a new lower low This Lower High has also a retest of previous LL which is in favor of selling gold.Shortby noob_qasim2
This is my oportunity for today trade. If you have skills and if you have learned something about trading, you have to see this and do something about it, if you dont try, if you are afraid, why? Just if you put your RISK MANAGMENT there is no fear for you to take a trade and let to it free space. Longby matejblazevic4201
GOLD Analysis This is my general outlook for Gold this week. I'm expecting the Buyside Liquidity to be purged first then price to touch Daily Bearish Order Block and expand to the downside. Safe Trading!Longby BhadMhan2
XAUUSD SHORT Gold has presented itself with a bearish push, my analysis shows that gold can fall to 2309 which would be between the 50 an 618 zone on the fib, do your own due diligence if taking this trade. TP AND SL WILL BE ADJUSTED to suit PA. Shortby fxdonno1
GOLD MARKET ANALYSIS AND COMMENTARY [June 10 - June 14]On the daily chart, gold has lost almost all of its technical points to a bullish structure, instead with a weekly close below the $2,300 base point opening up expectations for more downside with a target level. Short-term target is aimed at the 0.382% Fibonacci retracement level. The relative strength index (RSI) is pointing down but has not yet reached the oversold level, this shows that there is still room for price declines and the Fibonacci level of 0.382% may be suitable for a short-term upward correction when which RSI reached the oversold level. In the near future, if gold recovers to above 2,300 USD, it will have the necessary conditions to recover more with the target levels when moving above 2,300 USD being 2,324 - 2,345 USD. Thus, the original price of 2,300 USD is also the closest resistance currently. 📌The trading plan for next week will first consider selling if the price returns to around 2342, buying around the support mark of 2195.by Xayah_tradingUpdated 15
gold ideaThis Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingViewby kF_pippinright1
XAUUSD Gold on Federal Reserve Day and AfterGold on Federal Reserve Day and After If inflation decreases, gold will rise (this is inevitable). You need to be both a hunter and the hunted. How to trade gold on Federal Reserve Day and with inflation When the inflation report is released, you should focus on the dollar index chart and then decide when to enter. I expect the price of gold to drop to 2294 or 2284, and from there, it will start to rise with the first target being 2299 and the second target being 2318. The second scenario is to sell from 2337 to 2348 with the first target being 2324 and the second target being 2310. If a half-hour candle closes above 2337, the target will be to reach 2380. If a half-hour candle closes below 2337, the target will be to sell down to 2286. If a half-hour candle closes below 2286, the target will be to sell down to 2256 and 2237. Good luck.by Hejaaa7
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
XAUUSD A Great Selling OpportunityA Great Selling Opportunity Goals : - 2300 - 2200 - 2160 Shortby FXMHDHUpdated 9
Gold projection Gold seem about to move a little upward for ranging and then SELL off.. Keep eyes on the movement and see what happen Trade with caution Shortby Olumine1
Gold continues to rise!Hello everyone! The gold market saw an uptick following the release of labor market data, along with the May housing starts and the Philly Fed manufacturing index. Currently, gold is trading above the $2360 mark and continues to exhibit a long-term upward trend in the daily chart, as prices remain above both the 34 and 89 EMA lines. Additionally, the $2330 support level continues to be staunchly defended by the bulls. What do you all think about this recent development?by Lunox_TradingUpdated 2
XAUUSD H4 I Bullish BounceBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 2350, which is a pullback support. Our take profit will be at 2369, which is a pullback resistance level close to 78.6% FIbo retracement The stop loss will be placed at 2337, which is a pullback support 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.Longby FXCM1
GOLD - 2nd time testing channel line, what's next??#GOLD- well guys market near to your channel line 2nd time, first time market hold it perfectly and now 2nd time market again placed a high near your channel down line. what will happen? this time market will hold that channel or not.. no doubt day is not closed yet. it will cleared after day closing. good luck trade wisely by AdilHussain7313331
XAUUSD : Does gold have the ability to recover strongly?XAU/USD is increasing slightly and hovering around 2,337 USD/ounce. According to American Bank Wells Fargo, this precious metal may continue to consolidate throughout the summer as the market accepts the Fed's tightening policy. In an interview with Kitco News, John LaForge, Director of Real Asset Strategy at the bank, said: "Central banks will continue to buy wine, while also seeing solid upside potential in gold." quarterly through 2025. According to Wells Fargo's mid-year updated price forecast, gold prices are expected to trade between 2,300-2,400 USD/ounce."by SantaTradeGoldUpdated 2
Gold Analysis and Trading RecommendationSell Opportunity: Gold (XAU/USD) currently presents a lucrative sell opportunity at $2340.00, with compelling potential for profit targeting. Targets: Primary Target: $2304.00 Secondary Target: $2278.00 Breakout Scenario: Should Gold surpass the $2354.00 threshold, indicating a bullish breakout, the target price is forecasted to reach $2400.00. Technical analysis suggests a strong selling sentiment at the current price level. Market dynamics indicate downward pressure, aligning with the proposed sell strategy. Risk management strategies should be implemented to mitigate potential losses in case of unexpected market shifts. Disclaimer: This analysis is based on current market conditions and historical price movements. Traders are advised to conduct their own research and consider risk management techniques before executing any trades.Shortby GODOCM1
Gold. Indeed we have triangle but it's bullish! 20/June/24XAUUSD probably have completed a bullish triangle pattern in wave (b)(yellow). Probably will have a deep pullback toward 2404 +/- which is the daily order block /supply zone.Longby SteveTan1
XAUUSD good sell opportunityLike you see in the graph, we are heading to resistance level and good short setup. Shortby ProfessorForexSK1
GOLD DAILY OUTLOOKThe near–term support is around $2280, a break below the target of $2270/$2250/$2228. The yellow metal faces minor resistance around $2340 and a breach above will take it to the next level of $2350/$2375. It is good to buy on dips around $2300-02 with an SL of around $2280 for a TP of $2372.Longby kofloksiah1
#XAUUSD Chart of the Day#XAUUSD Chart of the Day XAUUSD Bullish sentiment has gained momentum, above pivot level $2330 look for further upside towards resistance levels at $2345 ahead of $2358. Below the pivot there is possible downside towards supports at $2300 and $2295 in extension.by chamitha452