Waiting for a confirmation on short for XAUUSDWaiting for a confirmation on short for XAUUSD. Once it breaks the immediate trend line to the down side and breaks below 2280.830.Shortby ceecide1
Free Entry by Contest Winning - Signals Provider :)Good Evening, I hope you find this entry helpful in your trading journey. Gold Sell Entry using my personally developed system! This is a potential active cycle to account flipping using my 5 years of experience, historic results have proven 25+ win streaks. Note: It is not guaranteed that every trade will be profitable. Shortby Extrq111
Gold Buying Probably LevelExpecting to get some movement from those zones . Let’s See the FOMC today Longby forexprankUpdated 1
Gold CPI Update 2313.00 - 2325.00Gold ready to fly 2325.00 level with cpi data if unfortunately broke 2313.00 support level wait retest the support area 2310.00 - 2313.00 for selling gold if broke 2319.00 level can go for buy order by chamitha451
Gold at $2313: Next-$2337 or $2272..?Gold apparently gathers some buying from $2300 base and attempting consolidation for extending recovery to next overhead resistance $2325 followed by $2337 Upcoming trading sessions may witness high volatility causing swings to test resistance zone and trigger supplies that target $2309-$2305 where some buying may resume for measured upside towards $2325 Renewed attack on $2300 psychological area can extend decline to reach $2290 and $2272by SunilKumarDixitSKCharting111
Gold Trend 10/06 - Consodiate further this week ? (Repost)(The chart posted on Monday morning was hidden by TradingView, reposting now) Gold price experienced the largest single-day decline in recent months last Friday, downed by $82. The price stayed within the range of 2320-2360(1) early last week until Wednesday after a disappointing ADP employment figure was released. It cleared the resistance(2) in the Asian session on Thursday. The breakout triggered a new round of buying, resulting in a weekly high of 2387(3) within 24 hours. However, the gold price started selling at the European session on Friday, again back into the previous sideways range(1). After the release of US employment data that evening, the price fell below 2320(5) and touched our target of 2300, closing at the weekly low near 2286. As mentioned last week, the gold market is in a profit-taking cycle. The latest data from the COMEX gold futures shows that the open interest continues to decline, at 440,000 contracts now. This is about 90,000 contracts less than the peak when gold prices reached a historical high a few weeks back. This indicates that the long buying is still on the limited side, and there is still room for further decline. The key events this week are the US inflation data and the FOMC meeting on Wednesday. Take advantage of a range-bound market while investors are waiting for these economic figures at the beginning of the week. From the M-T perspective, gold prices are still in the phase of consolidation. It will be a good chance to short-sell the market if the high level of uncertainty this week leads to a jump in gold prices. 1-hr chart > The key support level is at the previous low of 2280-2285(6). Expect the price to be bounded within the range of 2280-2320(7), while the market is waiting for Wednesday's news. A new round of selling will be triggered if the price breaks through the support zone(6). Daily Chart > Gold cleared the ascending channel(9) last week. The closing near the weekly low on Friday indicates that the selling is still dominating the market, and the price might have another attempt to the low in the next 2 days. In S-T, support lies at the previous low of 2277 (10). If there is a successful breakthrough below 2277(10) later this week, the first target can be set at the 50% retracement level around 2216(11). The above analysis helps you identify resistance, support, and breakout points. P.To If you like my work, please give me a thumbs up 👍. Feel free to leave a comment; share your thoughts 🤟.by 1uptickUpdated 1
CFDs on Gold (US/OZ) UP to 2353$Hello, We've identified a current opportunity to buy CFDs on Gold (US/OZ) with a high probability and a favorable risk-reward ratio of over 2 in the Daily chart. Our target is $2353 in this week (Swing trade). IbrouriLongby Abdessamadibrouri1
GOLD SHORT H1Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries. Potential idea how we get to major support zone before further take off ;)Shortby kmiarkaUpdated 1
Gold Buy (BE taken out)Gold took us out on Break even, market has shifted to sells. Hope you Longby PLETHORAFOREXINSTITUTE1
LONG GOLD WITH GOOD OPPORTUNITY Daily chart: The order block 2281 defend well ! The CHOCH FAIL OCCUR! Which mean, the structure still in long trend! 4 Hour chart: The Choch occur , the momentum change from downtrend to uptrend. The Macd Golden Cross! 1 Hour: get ready to buy at demand zone. As long as 2281 defended, we shall see target on 2365. Longby kenny64652
XAUUSD :Today, after a rejection, gold is fluctuating around 2300 from around 2314. To fall, it should go from 2296 to 2292 to 90, then 2288. Resistances: 2314, 2321 to 23 Support: 2282, 2277, 2270by Armitaryan1
Final short term bullish impulse on GOLDOWN OPINIONS. NOT FINANCIAL ADVICE Gold consolidating in the 2280$-2430$ range. If broken to the upside, same range amplitude points to the 2.600$ price target. Also, the 3 year "cup and handle" (or inverted HS) leads to the 2.600$ level.Longby j_arrietaUpdated 2
still buyingi personally expect a pullback to 2300, i closed my all position to see what market does with this level, if comes down i would buy again, if goes up in a good opt i would enter again Good luck Arya the traderby Aryanouri2
XAUUSD Gold Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure and Retracement RSI - Divergence Completed " 12345 " Impulsive Waves and " A " Impulsive Waves Bearish Channel as an Corrective Pattern in Short Time Frame Resistance Levelby ForexDetective2
Gold buy positionon the 15 min timeframe, gold has been consolidating in what appears to be a bullish flag. a long position was entered upon test of support and a breakout to the upside is expected. stay safe and happy trading guys!!by jonathanelayoUpdated 4
It’s going down It’ll touch FVG . Then I believe it’ll go to either 2-3 bottom line . 3rd bottom line is the monthly FVG . Shortby clopez23201
XAUUSD 1D Chart - 10th JuneAfter last Friday's announcement of PBOC has ceased buying any more gold, originally to hedge inflation or sovereign risk leading gold prices on a massive retreat; by said announcement gold might be forming a head an shoulder pattern with a neck line indicated by the blue horizontal line. My position of gold remains short with a take profit at 2120, I believe that wave 3 is now completed and we are looking for point C. 2120 is also one of the pervious harmonic patterns that were broken and said level is now resistance to support, which is also two times the extension of the AB leg. My previous trade of gold did get stop lost out, but I did reenter at ~ 2345. The gold position stopping out also can be seen as institutional traders gunning for retail investors stop position, thus hitting a slightly newer high , and now having this retreat. If you like my analysis , please give me a follow !!Shortby Sorosnotsorrow1
Silver and Gold | Short-term and long-term targetsOANDA:XAGUSD OANDA:XAUUSD The past two weeks' price action suggests that we can expect the correction to continue in June for Silver and Gold. After last week's NFP and unemployment rates, the expectation for rate cuts has been pushed a bit further to the last quarter of 2024 which fueled dollar to maintain its strength. On the other hand, if you take a look at the seasonality of Gold and Silver you will notice that June is usually the month for Gold to rest a bit and for Silver to show some correction. So, In the short term, I would like to see lower prices on silver and gold and personally, I might add some more to my positions. The following are the areas for Silver and Gold which I consider as discount prices if as a long-term investor. Silver: $27.5 - $28 is a good discount area for silver. But it doesn't mean it would definitely reach this area. I expect another rally from July with a target of $33.6 to $36.4 area. Gold: $2190 - $2230 is the area that I believe gold will see in the near future. Then we might see another leg up on gold to hit the $2580 - $2650 area. Shortby SamanFx01
Gold - Getting Ready for the Next Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 XAUUSD has been overall bullish, trading within the flat rising channel in blue. Currently, XAUUSD is undergoing a correction phase and it is currently approaching the lower bound of the channel. Moreover, it is retesting strong demand zone marked in green. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #Gold approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalystUpdated 2215
GOLD SELLThis is my analysis for Gold. I think we'll see a push up from Gold and later on the day it will dropShortby LyrebirdCapital2
!!! GOLD !!! - Ascending Channel Definition (A our B situation?)Hey, We have two options for the beginning of the week, choose yours (A or B) and leave on the final descending line. This is just an idea! Be careful!by rogvirtualmoney1
GOLDGOLD is currently on a correction as sub-wave B of wave 4, so far the pair was on an bearish impulse as sub-wave A during the past few weeks, as we all know after an impulse a correction must occur of which our correction will be sub-wave Bby Nhlanhla_luck_IV3
XAUUSD (GOLD) DAILYGold Overall The Market is bullish but Pullback occures on higher timeframes what goes up has to fully come down. I am not interested in buying gold with an OB at 2355.99 we might see a pullback to 2265 and long term 2200. if we close above at 2370 then I will look for a retracement for buys to 2500Shortby NPLFX1