Look at using Sniper how can be trap both traderswe can expect this move for up side with multiple traps for small traders.....Longby TheMoneyOceanUpdated 2
XAUUSD ANALYSIS UPDATE After Mutiple High Breaking Rally in SPOT GOLD , here are new set of technical and fundamental analysis, expected Range of channel is still under $2200 - $2300, amidst of US Elections and uncertainty amongst buyers and sellers. by sagaahhelite1
Bulls and bears compete for resistance at $2,163The U.S. dollar rebounded 0.8% on Thursday after falling to a one-week low, causing gold to post a slight profit-making correction from highs. An unexpected rate cut by the Swiss National Bank on Thursday boosted global risk sentiment and underlined the dollar's appeal amid strong U.S. economic growth. In the global market, the United States remains the only option that offers higher yields (nominal and real yields) than other major economic regions. This allows the US dollar to maintain a strong performance in the foreign exchange market, and indirectly acts as a slight restraint for gold. Factors that hinder the ability to show off one's strength. However, for gold, what is more critical now is to see when the Federal Reserve cuts interest rates, and whether the frequency and magnitude of interest rate cuts are in line with market expectations. Let’s look back at the main content of the Federal Reserve’s March interest rate meeting on Wednesday: The Fed’s statement after Wednesday’s interest rate meeting reiterated that it is waiting for increased confidence in inflation to fall, and deleted the wording about employment growth “slowing down” in the January statement; the dot plot remained A total of three interest rate cuts are expected this year, and Powell said it would be appropriate to implement a balance sheet reduction in the near future. The content of the March meeting has once again heated up market interest rate cut bets. Therefore, whether the Federal Reserve will cut interest rates as soon as possible is a long-term factor that affects the trend of gold. In the short term, we must guard against the risk of disturbance caused by high profit adjustments. Gold prices did not continue to rise after rising to around $2,185 today. It falls quickly after encountering resistance. It has now fallen back to the important resistance level of $2,163. However, the current international situation and the Federal Reserve's policy do not support gold's continued sharp decline. Radicals can buy short positions and long positions in the $2163-2165 range. If the price falls below 2163 US dollars and rebounds to the 2160-2163 range, you can short the position, and the take-profit price can be set in the 2148-2150 US dollars range.Longby winner-2004Updated 72
Bullish View - Expecting Gold price should go up to 2358Bullish view - Expecting Gold price should go up to 2358 A bullish view on gold suggests an expectation for the price of gold to increase. This outlook is often driven by various factors such as economic uncertainty, inflationary pressures, geopolitical tensions, or a weakening US dollar. Investors with a bullish stance on gold anticipate that these factors will lead to increased demand for the precious metal as a safe-haven asset and store of value. With an expectation for gold to rise to $2358 in trading view, investors may believe that the current market conditions and trends support a significant appreciation in the price of gold. This price target could be based on technical analysis, fundamental factors, or a combination of both. Ultimately, a bullish view on gold reflects optimism about its future performance and potential for price appreciation in the trading market.Longby lonetechnicalanalyst2
Gold price today: Stable waiting for new news!Gold Update: In the early trading hours in Asia on Monday, the price of gold (XAU/USD) comfortably fluctuated around the $2,100 mark, receiving support from speculation that the Federal Reserve may cut interest rates by the end of this year. Investors are awaiting the release of the US Gross Domestic Product (GDP) data for the fourth quarter, which is expected to remain stable at 3.2% and potentially create new momentum. Currently, gold is trading around $2,168, marking a modest increase of 0.15% for the day. Following the March meeting of the Fed, where they chose to maintain the benchmark interest rate between 5.25% and 5.50% for the fifth consecutive time, Fed Chair Jerome Powell hinted at a plan to cut interest rates three times in 2024, boosting investor interest in the precious metal and pushing gold prices higher. According to the CME FedWatch Tool, the likelihood of the Fed starting to cut interest rates in the June meeting has increased to 72% from 65% after the interest rate decision. Personal Information: After the terrorist attack in Russia, the price of gold slightly increased, returning above $2,170. The market appears stable but may face a short-term decline between $2,150 and $2,180.by RKarina2
XAUUSD GOLDresist. 2175-2180 support 2150 watch carefully in this area before planning tradeLongby devkumarchakrawarty2022Updated 1
XAUUSDGOLD's breakout or retest completion of the descending triangle pattern in the 1-hour timeframe, combined with its adherence to the Impulse Correction Strategy, suggests a potential buying opportunity. Traders may consider long positions in GOLD for both short-term and long-term trades, anticipating further upward movement based on this technical analysis.Longby RoxCapitals2
Gift nifty fall till 21970 , 21830 sell on every rise On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader2
Nifty 26 march sell on rise only till 22130 break on daily closeOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Gold Trend 25/03Following the Fed meeting, gold reached a new all-time high of 2222 last week. However, it failed to stay above 2200 and retraced quickly below the previous high of 2195 within 24 hours. This Friday is a US holiday, but the inflation data(PCE price index) will still be released. Make sure you pay close attention to market volatility at the late Friday session and the early Monday Asian session, and exercise caution in managing risks. 1-hr chart - The price broke through the S-T resistance(1) last week and reached our target range of 2185-2190 (2). Although it subsequently reached a new high, the price is now falling back to 2147-90(3). The resistance zone of 2186-90(2) is still valid. Take advantage of the rebound driven by the newly formed upward channel(4) at the beginning of this week, and expect the price to be bound within 2147-90 (3) in S-T until another news breaks out. Daily chart - After the quick pull-back after the Fed. Meeting last week, a reserval signal(5) has appeared. Unless the gold price can close above 2190 on the daily chart, an S-T consolidation period is likely to occur in the next two weeks. Again, 2147 is the key support level, once its clear the next support will be at the 20-day MA. S-T resistances: 2190 2185 2180 Market price: 2175 S-T supports: 2168 2160 2155 If you like my work, please give me a thumbs up 👍. Feel free to leave a comment; share your thoughts 🤟. P. ToShortby 1uptick0
1:2 Intraday 20 March StrategyHello Traders This is for 1 day - 1 week timeframe Buy above 22115 target 22390 / 22480 / 22525 Plot is mentioned on the chart Stay safe.. Trade according to your risk profile. Let me know if you agree or disagree in comments... Looking forward Best RegardsLongby Gunshot321Updated 115
GOLD IN BUYGOLD/USD March FINAL WEEK PLAN... In GOLD-USD Friday (22-03-2024) Market reaches our 2nd sell target of 2160... Which is buy correction zone(BUY FLIP ZONE)... EXTREM BUY ZONE IS still there 2152-2146 I am looking for buy because of below mentioned points: 1.Before reaching 2160 market forms buy liquidity(BUYING PATTERN) in FAIR GAP Area 2.In 30M Awesome Oscillator indicates upside distribution even market comes down... 3.In 15M-50% Buy confirmation we got... 4.In DAY TF i am expecting 2258-2300 is 1st Pull back zone(only my opinion not confirms yet) Here we got 3 entry zones with 3 different entry method... 1.Intraday Setup-- use 1% RISK of your capital in every entry we have 3 intraday setup (_a_).15M Gives only 50% confirmation for BUY REWARD---1:20 Ratio BUY limit @2160 SL 2156 TP 2185 TP 2206 TP 2211 (_b_).5M mid range entry(if confirms get we will updates here then entry this)BUY REWARD--1:22 Ratio BUY limit @2153 SL 2149.4 TP 2185 TP 2206 TP 2211 (_c_).30M Extreme entry zone previous BUY LIQUIDITY zone... Also PULL BACK AREA...In 2146 is trend line passing point... you can place order without confirmation... REWARD--1:24 Ratio BUY limit @2149 SL 2144 TP 2185 TP 2206 TP 2211 2.Mid Risk Setup-- use 4to5% RISK of your capital.... REWARD--1:8-1:10 Ratio USE 2 Layers 5 Orders Strategy BUY LIMIT @2153-2149 SL 2144 TP 2185 TP 2206 TP 2221 Once Market HIT 2149...SET 2153 as a Target BE(close @entry) 3.Swing setup-- Need higher capital.... REWARD--1:7-1:8-1:10 Ratio USE 3 Layers 5 Orders Strategy BUY LIMIT @2160-2153-2149 SL 2144 TP 2185 TP 2206 TP 2221 TP 2270 Once Market HIT 2149...SET 2160 as a Target BE(close @entry) IF MARKET TREND CHANGE... OVER ALL SELL STOP 2143..use x2 lot size which total lot size you use in above buy limit orders ( Targets & SL will updates later) or Don't use sell stop wait for next recovery update... All The Best... NOTES:EDUCATION PURPOSE ONLYLongby FIVE_WOLVESUpdated 334
XAUUSD SELL PROJECTION 24.03.24Overall Possibel Outcomes XAUUSD SELL 2160-2175 SL 2200 TP 2147 TP2 2082 TP 3 2047 Reason Behind Sell 1. Bearish Spinning top Formed Overtrendline 2. Double Top Formed 3.Obey Trendlline @ 2210Shortby kripsonfx971
CRUDE-OILresist 81.00- 81.400 support 79.50-79.00 watch carefully price in this area Shortby devkumarchakrawarty20221
Equity is still the flavourThis is an interesting ratio study of Gold/SPX . SPX is the US equity Index. The ratio moving up means it favours Gold over Equity. The ratio broke above the MA for the first time after 20 years in Dec 02 and hence was a significant breakout. It broke the trend line in Mar 2012 and was asking u to exit gold and buy Equity. Now in this 10 years Gold gave an absolute return of 400% VS 60% by SPX. From Mar 2012 till date Gold gave an absolute return of 23% Vs 270 % by SPX. The ratio has not crossed above the MA which means it still favours being in Equity over Gold.by singh17vivek0
Bank nifty (15 mins chart) 3 Wave pattern, chances are in the morning to breakout & touch upside. whether can sustain or not is the question , depends on overall market situation Longby AnkurSingh3
#2 GOLD Update - know where to buy and sellIf, price below 61450 will trigger the liquidity of trades who entered recently because the price have not mitigated the order block below it 61200 and 61100 On the upper side, above 62700 63200 - 63400 - 63800 will be the sellers order block and fair value they will look to sell the remaining levels will be choppy trade level to level by Jimmy_RebelloUpdated 3
Gold Long side trade idea (Liq sweep or run??)Long side trade has two condition to consider either SWEEP OR RUN on liquidity 1 run >>> price will fall back and mitigate the pending fair value area at 2020 lvl and then run towards 2050 and 2089 as all time high 2 sweep >>> either price trap the weak hands by making a up move and then fall back to fvg area and then go to meet the target of all time highLongby Jimmy_RebelloUpdated 4
Gold Price Driven by Modest USD StrengthHello everyone! Let's delve into the sparkle of gold prices today! In the News: Today, gold (XAU/USD) is struggling to capitalize on its recent rise from the Simple Moving Average 100-hour support level around $2166-$2165. Instead, we are witnessing a decline in Asian trading session this Friday. Despite the Federal Reserve's policy update on Wednesday, investor focus is gradually diminishing as the US dollar strengthens, thanks to optimism about US economic growth. This resurgence, coupled with increasing US Treasury yields and prevalent risk appetite, is putting downward pressure on this traditional safe haven asset. Personal observation: After reaching a peak at $2222, gold prices plummeted, retreating to the $2170 range. Economic indicators continue to reinforce the US dollar. Looking ahead: The Fed's stance on maintaining interest rates and ongoing global political tensions may boost gold's upward movement in the near future. However, we should be prepared for a continued downward trend in today's trading session. Stay tuned for a day filled with opportunities or challenges.Shortby RKarinaUpdated 24
XAUUSD bearish move next weekXAUUSD bearish move next week gold expecting bearish on next week 1. directly break 2143.70 level 2. break 2186.17 level then back to reversalShortby mindmonk1
XAU long or shortxau there is a possibility that the open market will xau rise, confirmation can be seen at timeframe M15, my target is for it to rise to the QM level area to make HNS before it falls to a maximum level of 2100. monitor the 2153 support area hard zone weekly, if the price rejects in this area then next week it will probably return to sideway until PCE releases next FridayShortby yyusrizal2
Natural Gas - How to trade on next working day Please read the geometric presentation and notes on 1D Chart and act accordingly. Disclaimer: I am not a SEBI Registered Analyst and it is only for educatonal purposes. PLease consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. Let you grow. May! I follow you. Thank you by rekhi567444
Gold’s Weekly Correction and Federal Reserve’s Rate Cut PlansGold experienced a significant downward correction from all-time highs, closing the week near the support area of the Point of Control (POC) and Fibonacci 0.50%. The Federal Reserve has stated that even with inflation still above the 2% target, it hopes to cut interest rates three times this year. While gold reached record highs this week, the market witnessed a notable downward adjustment towards the end of the week. #XAUUSD #GOLD #RoBotPro® #TakeProPips # GiaiPhapGiaoDichTuDong #TradingShortby RoBotProTakeProPips111