XAU/USD BUY ABOVE 2307.73Hi Traders we have XAU/USD We had break and retest. giving us strong bullish candle stick On H4. moving to H1 we have H and HL formation. ENTRY REASON: EM CROSS Certified Price action KingLongby Low-keyFXtrader224
Possible Buy on GOLD A confirmed market structural shift to the upside suggests potential buying opportunities. Additionally, the formation of multiple buy-on-stop orders and an inducement signals further potential for buying. It is important to exercise caution and adhere to risk management practices when considering these opportunities.Longby BFUFX_MARKETS225
Gold Approaches Key Support Level Gold dropped more than 80 points on Friday 7th June due to a resurgent US dollar – taking the precious metal back to a key area of support. Let’s take a look at the various trading opportunities that may present themselves at this key level. Daily Candle Chart Analysis Gold’s daily candle chart is locked in a long-term uptrend with prices trending above the 200 day moving average (MA) since the turn of the year. This is a simple yet powerful observation that should not be overlooked. Established trends take considerable time and effort to reverse, hence gold’s recent weakness may present an opportunity to position yourself within the long-term trend at attractive levels of risk/reward. Past performance is not a reliable indicator of future results Hourly Candle Chart Analysis The hourly candle chart highlights the negative momentum which occurred on Friday – dragging the market back down into the key support zone. And with Monday’s price action stabilizing near support, swing traders are faced with three scenarios: 1. Break Above Hourly Swing Resistance: In this scenario, short-term momentum would realign with the long-term trend, potentially driving prices back to the top of the recent consolidation range. 2. Bullish Fakeout at Support: A break below support, followed by a quick rebound above it, would create a bullish fakeout. This pattern could trigger trapped shorts to cover, benefiting the bullish outlook. 3. Break of Support: Traders should also consider the possibility of a support break. To mitigate the risk of a fakeout, it’s advisable to wait for a daily candle close below support before confirming this scenario. Past performance is not a reliable indicator of future results 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. by Capitalcom114
Will there be a short-term recovery in Gold?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The People's Bank of China (PBoC) stopped buying gold in May, after 18 months of continuous purchases. This has weakened the price of gold. However, there is some support for the safe-haven XAU/USD due to a cautious market mood. Traders are hesitant to make aggressive bets before important US data and central bank events this week, such as the release of consumer inflation figures and the outcome of the FOMC policy meeting on Wednesday. Therefore, caution is advised before expecting further losses. ⭐️ Personal comments NOVA: Gold price suffered a lot of bad news and broke many support zones. The downtrend and investors' psychology will cause the price to continue DOWN ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2270 - $2268 SL $2263 TP1: $2280 TP2: $2290 TP3: $2300 🔥SELL GOLD zone: $2320 - $2322 SL $2325 SCALPING TP1: $2315 TP2: $2307 TP3: $2300 🔥SELL GOLD zone: $2338 - $2340 SL $2345 TP1: $2330 TP2: $2315 TP3: $2300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longestShortby Nova-ScalperUpdated 1118
XAUUSD - June Outlook - NeutralRemaining neutral until a bottom is established. If price action favors staying above 2285.21 there is a possibility for a correction I will not make too many assumptions about what happens next until after the first 8 hours of market open.by BetterBusinessBully114
Gold → an update for xauusdhello guys... gold FXOPEN:XAUUSD is on an ascending channel but after the sharp movement I think it will be on the downward compression for a while! what do you think?! if the gray area breaks up it would be bullish again and we can count on it! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentShortby melikatrader94Updated 6625
Analysis on goldI see a complete M structure with double bottom at 2288-2292 with strong support and OB at 2284 to push gold upwards towards 2310 Gold buy 2288-2292 Safe buy 2284-2288 Tp levels on the chart Happy tradingLongby anabullbearUpdated 223
XAU / USD 4 Hour Chart Quick Buy ScalpHello traders. I entered a Buy position at $2302.24 I am securing partial profit as of this post. Just thankful to Big G for the nice scalp trade. Currently 2306.12 is the sticking point we need to break and close above. Sells scalps and buy scalps are available. I am not trying to rush or force a trade when we have big news here in the US this week. I will update in a bit. My SL is at my entry point on this trade and a runner is running. I closed 50% of the trade's profit so now there is no loss. Very thankful.by musclemilk0075Updated 113
GOLD - at today resistance? whats next??#GOLD.. perfect move as per our video analysis and congratulations to all. now market at his today one of the most important resistance 2330 around, keep close that area because if market hold it then you can see again a drop from here, dont be lazy here, good luck trade wiselyby AdilHussain731333113
still seeking for buyi expect to see such move, i think with some patience we can enter in right position in right price Good luck Arya the traderLongby Aryanouri114
GOLD XAUUSD Long - 4 confirmations R:R 1:2 Part 1GOLD XAUUSD LONG- decided upon four confirmations. These are the four confirmation that are required in order for us to enter the market in this set up 1st Confirmation: Retest at one of the designated fib levels. The fib levels need to be measured from the H4 or higher 2nd Confirmation: Retest at a zone of Supply and Demand. The Supply and Demand zone needs to be formed from the H4 or higher 3rd Confirmation: Confirmed engulfing pattern in the direction of the trade starting at the H1. 4th Confirmation: Break of support or resistance in the lower timeframes starting with the 3 minute in the direction of the trade.Long07:11by Manny_FX_223
GOLD LOOKS TO DECLINE .. After securing a weekly pullback.... gold implies to embark on bearish momentum as dxy looks to incline ... follow for more insights ... and bnoost ideas Shortby Ak_capitalist224
Gold RoadmapGold downtrend after performed Choch at H4. Need to wait until pullback at least 50% and entry SELLShortby MohdFauziJumaatSupertrader223
Potential GOLD Movement Basic Price Action.(Bullish Pattern + Break & Retest) Wait for the breakout as a CONFIDENCE FACTOR!Longby Pfunzo_MNP113
$XAUUSD - Today’s Setup - 14/06Good Morning Traders ☕️ The zones for today 👀 Keep it nice and clean as is Friday. We don’t want to give the profits made this week back to the market 🤝 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 alexm1011113
Gold will fall from here... The Dollar is gaining value already.Let's rock the SELL... OPen entry now if you can. From the look of things... There was a retest on H1 broken .Shortby SwiftTradr223
Gold is currently exhibiting bullish trend activityTechnical Analysis: Gold Gold is currently exhibiting bullish trend activity. The price is stabilizing in the bullish zone and is expected to continue rising towards the bullish targets of 2321 and 2327. A break above 2328 would indicate a continuation of the bullish trend towards 2357, especially in anticipation of the CPI and FED rate decisions tomorrow. Bullish Scenario: As long as the price remains above 2302 and 2292, the bullish trend is expected to continue towards 2321. If it breaks above this level, the next target is 2357. Bearish Scenario: For a bearish trend to develop, the price must break below 2292 on a 4-hour candle close. This would signal a move towards 2278 and potentially 2260. Key Levels: - Pivot Line: 2302 - Resistance Lines: 2320, 2333, 2357 - Support Lines: 2278, 2260, 2248 Today's Expected Range: The price is expected to move between the support level of 2292 and the resistance level of 2328. Longby SroshMayiUpdated 16
XAU/USD: Strong fall but not convincedWhat Excites Me I'm anticipating a big pull back (see my last post for details) to happen for Gold, but S/D, and volume analysis suggests that there could be a better entry on the horizon! What I'm Looking For I would be willing to short if I could get in from $2400 upwards. I would also be willing to reassess things if the market made a lower low. But as for now, I'm expecting a strong demand at this current price. What I See As for now, I think it's best to stay out of the market; personallyI haven't seen enough to suggest that the long term move, I'm anticipating is playing out, currently. 🤷🏽♂️ I've included to best case scenario's on the chart. We'll see how things play out. This post idea builds upon the original analysis that peaked my interest about this market: by NeoDaNomad1110
xau usd good for longWe have price action for purchases, we go with the trend and go for our objectives, the white linesLongby aayou_fx112
Weekly XAUUSD analysis, 10-14 June.-The price Reacted to the daily supply area very strongly. Now we can follow bearish OF to play the daily swing pullback phase. Surly after breaking the INT low. D: -The price has shifted bearish again from the daily supply area saying that the demand was not strong enough to take the swing high. As we said last week, it could be the end of daily bullish moves and Brice is ready to shift bearish. 4H: -INT structure is bearish and aligned with 15M swing and 4H INT. We can follow bearish OF and play shorts but now the price is prepared for 4H INT and 15M swing pullback phase, Longs is the high probability now. Wait for your confirmation to get in. 15M: by yehiabedawi309222
Gold flag breakoutbearish flag broken = red boxes are possible targets first red box = next demand second red box = fib 1.618 (2248) to flag structure target (2238)Shortby Uzi-Trades-ForexUpdated 9916
Bad news coming to Gold - price DOWN✍️ NOVA hello everyone, Let's comment on gold price next week from 6/10 - 6/14/2024 🔥 World situation: Gold prices dropped to a four-week low due to strong US labor market and China's halt in gold purchases. XAU/USD traded at $2,295, resulting in a more than 3% decrease. The latest US Nonfarm Payrolls report showed an increase in workforce but also an uptick in the Unemployment Rate and slight rise in Average Hourly Earnings. 🔥 Identify: Gold prices had a sudden drop at the weekend, negative news that China's central bank stopped gold reserves brought negative psychology to investors. Currently, the price is breaking through many support zones, so priority will be given to the DOWN trend 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2335, $2371 Support : $2278, $2260, $2210 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longestShortby Nova-Scalper1115
XAUUSD Swing TrendXAUUSD Swing Trend Down Trend in my 3 Trends Analysis Open a Sell position when the price reaches the FVG zone and make a Reversal Pattern which is close to the Cancel Minor Trend line which is a short Stop Loss point and is also a significant line from the POC of Volume Normal Distribution above. Still looking down And the downward momentum will look better when the price drops below 2280. The target is to drop in the area of 2200 - 2150 which is the lower support zone. Things to be careful about: Time Cycle, the latest low was exactly 21 days, so this set of downtrends should break the Low to head down for 34 days, according to the Fibonacci proportion. Trade with faith in your beliefs and follow your own plan. C.Goii SuperTraderShortby CoachGoii_SuperTrader15