Gold bullish setupGold seems to continue its bullish move after a short retracement , Technically , its tapping weekly fvg , and showing minor bullish movement over there , Give us oppertunity to build a bullish trade Longby fuzailx2
SELL XAUUSDIn my opinion, I am looking to sell , which is a strong SUPPLY ZONE and market also in Correction phase. It is not advisable to enter without confirmation from a lower TF.Shortby KnickkUpdated 1
GOLD NEXT MOVE (waiting for the perfect entry) (31-05-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (31-05-2024) Current price- 2345 "if Price stay below 2362, then next target is 2330 and 2320 and above that 2375. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 4491
XAUUSD - Gold prices increased slightly at the end of the week⏩XAUUSD news to pay attention to this week are: Unemployment Claims, Retail Sales m/month, Unemployment Claims, PMI.... This week, the gold market is expected to be quiet without important economic data. Investor concerns will turn to developments and interest rate decisions of major central banks in Europe, including the Swiss Central Bank and the Bank of England. 🔴SELL GOLD: 2338 - 2342, SL: 2346 🟢BUY GOLD: 2308 - 2305, SL: 2301 ⛔️Breakout: 📈 Breakout on: 2340 📉 Breakout below: 2312 🔼Support: 2312 - 2305 - 2291 🔽Resistance: 2338 - 2340 Everyone, let's have the information to have a plan to safely evaluate the market. Wishing everyone a lucky new week Shortby Scalper_Ananda2
17th JUNE GOLD PREDICTIONIntroduction: This analysis focuses on a sell trade for gold, targeting the sell zone between 2336 and 2341. Our objective is to establish a trading plan with a risk-reward ratio of 1:1.5, ensuring disciplined and strategic trading decisions. Traders can enter a sell position anywhere within this zone. Trade Setup: We have identified a sell zone between 2336 and 2341. Traders are advised to enter a sell position at any point within this range, providing flexibility and allowing for market dynamics. Sell Zone: 2336-2341 Risk Management: Effective risk management is crucial for any successful trade. In this setup, we place our stop loss slightly above the upper limit of the sell zone to protect against adverse price movements. By setting the stop loss at 2343, we limit our risk regardless of the entry point within the zone. Shortby TradingGuruTop5
XAUUSD, GOLD Gold should sell from this supply and go down to demand, you can create a sell position with confirmation.Shortby imtiyazhakeem3351
XAUUSD/GOLD Buy Projection|Morubozu+ Bullish Engulfing + Double XAUUSD/GOLD Buy Projection| Morubozu+ Bullish Engulfing + Double Bottom Longby kripsonfx972
XAUUSD ANALYSIS OVER H1 CHART.Buying zone active, Looking for upward movement, Proper risk management suggested, watch my last analysis on gold for more clarification. On D1, gold quotations are above the 200-day Moving Average, suggesting that an uptrend is now in effect. The resistance line is being tested by the RSI. In this scenario, it is anticipated that the price will test and then break over the 3/8 (2375.00) level, continuing to rise to the 4/8 (2500.00) resistance level. This scenario might be nullified by a rebound from the 2/8 (2250.00) level, which could result in a slide to the 1/8 (2125.00) level. A breakthrough over the top line of the VoltyChannel on M15 will raise the likelihood of a price hike. Looking for buying opportunities in it.Longby charliedavies7704
XAUUSD buy given at 2300 CMP 2334 , 34 points profit hold it Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
XAUUSD ANALYSIS OVER H1 CHART.Forecast for Gold Prices: Sellers seize control of XAU/USD, targeting a protracted slide below $2,300 The price of gold is still restricted in a range, and the 21-day and 50-day Simple Moving Averages (SMA) confluence around $2,345 is the upper limit of the price range, favoring sellers in the short-term technical picture. Conversely, the downside is protected by the $2,277 low from May 3. The 14-day Relative Strength Index (RSI), which is now at 48.00, is able to stay below the 50 threshold. Additionally, on a daily closing basis on Friday, the 21-day SMA crossed the 50-day SMA from above, verifying a Bear Cross. These technical signs suggest that there will likely be more drops in the price of gold. The $2,300 barrier is currently the area of immediate support; a decline below this will activate the $2,287 low from June 10th. If there is a prolonged decline below the latter, sellers will target the psychological barrier of $2,250 and retest the low of $2,277 on May 3. Alternatively, any gold price recovery will require acceptance above the 21-day and 50-day SMAs, which are located at $2,345, the important confluence support that turned resistance. On their journey to the June 7 high of $2,388; purchasers of gold will next stretch their biceps for the May 24 high of $2,364.Shortby charliedavies7702
XAUUSD It will be right to buy gold, if we get confirmation in 1 minute, then we will buy it, otherwise we will wait for the right direction Longby imtiyazhakeem335223
GOLD NEXT MOVE (mild correction, trend continuation)(11-06-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (11-06-2024) Current price- 2316 "if Price stay below 2338, then next target is 2303 and 2286 and above that 2350. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post. by AnupZiddiUpdated 61
Gold Sell tradeGold is trading in a downtrade channel. Channel support is 22287 and that can be our targetShortby wosushantUpdated 221
XAUUSD: INSTITUTIONAL ANALYSIS1. IN the 1 HOUR and 4 HOUR time frame the price has been making lower lows and lowers highs, which indicates bearish nature. 2. The market is currently making a pullback, a counter trend 3. So possible short entries are around the areas of imbalance and the bearish orderblock 4. Only make the entry after a 15 min change of character which is the confirmation of our analysis and trend Have a profitable Trading !Shortby VitalismTraders2
GOLD NEXT MOVE (GOLD is AT CRUCIAL AREA) (07-06-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (07-06-2024) Current price- 2340 "if Price stay below 2358, then next target is 2325 and 2305 and above that 2372. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 85
XAUUSDI Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank QLongby mistertraderofficial118
Gold Price reduced at the end of the trading session!Hello everyone, today the price of gold continues to trade around the psychological level of 2300 USD. Accordingly, gold was not beyond my prediction when it approached 2300 USD to receive new resources around this support area. After the Fed's above announcement, gold lost its inherent momentum, causing the number of investors buying to decrease significantly. Not only that, the gold market also witnessed strong selling momentum after the US Bureau of Labor Statistics announced that the consumer price index (CPI) in May remained high, the main reason why the Fed extended the Delay interest rate cuts. Gold price forecast: -In terms of market psychology as well as news: negative reaction to monetary policy and pressure from the rising USD, weaker buying demand from China makes it difficult for gold to increase in price during this time. - Technically: Gold is in a downtrend, the price moves below the resistance level and the Trendline line decreases. The price is affected by the EMA 34, 89 which is still beneficial for selling momentum. The reduction target to the support level of 2288 USD is again targeted in the short term.Shortby HamedMarketsUpdated 11
XAUUSD June 13, 2024 After news of CPI and Fed interest ratesYesterday we had the Fed's announcement about the CPI index, we saw that this index was 0.3 to 0.4 lower than the previous period. This is the result when the Fed implemented tightening monetary policy in the past. After that, the FOMC meeting announced that interest rates would continue to remain at 5.5%. - This made gold yesterday, after the announcement of CPI increased to 2340, then the news that interest rates remained high at 5.5% continued to push gold prices down. Look at the H1 chart - Yesterday's pullback to the 2340 price range reached the 50% Fibo level, which is a level that has surpassed the usual 38% level of wave 4. This suggests to us a more complex wave model - For now, at this position, we observe the price zones to confirm the formation model, which are the price zone 2307 and the price zone 2287. - If the price holds above the 2307 area, then we will have wave 5 formed at the 2287 area, meaning wave C during the ABC correction looks like D1 has completed. Then we have wave C higher than bottom B. Looking at D1, we see that a new complex correction model can form (I will update later). - If the price breaks through the 2287 area, we have wave 5 targets as on the chart we mentioned before.Shortby DEEKOPUpdated 1
Short Position In XAUUSDThe prices of XAUUSD seem likely to go down in the coming days if buyers fail to push it beyond the mentioned stop loss. In my opinion, this seems like a good positional trade opportunity.Shortby svsinu1
Today's Gold Price Update: A Continued DowntrendGold prices today continue to face downward pressure, currently trading around $2314, losing 0.45% for the day with a drop of over 100 pips during the early Asian trading session. Despite a strong rally last night that pushed gold close to $2350, the precious metal couldn't maintain its recovery. This was despite the U.S. Dollar weakening after the U.S. released its economic data. The USD took a hit after the U.S. Consumer Price Index (CPI) for May showed a faster cooling than economists had anticipated. The CPI remained flat after a 0.3% increase in April, while the forecast was only for a 0.1% rise. Gold Price Forecast: News Perspective: The Federal Reserve is expected to implement two rate cuts this year, with an 80% chance that the first cut will happen in September. This scenario typically leads to a weaker USD, which could benefit gold prices. Psychological and Technical Perspective: From a technical standpoint, gold remains in a downward channel. In the short to medium term, the market sentiment still favors selling gold. The EMA and trendline indicators continue to support the bearish outlook for gold. Key Points: Current Price: $2314, down 0.45% for the day. Support and Resistance: Unable to sustain gains around $2350. Economic Data Impact: USD weakened after lower-than-expected CPI data. Fed Rate Cuts: Expected to cut rates twice this year, with the first likely in September. Technical Indicators: EMA and trendline favor continued bearish movement. Stay tuned and watch for how these factors play out in the coming days. What’s your take on the current gold trend? Shortby HamedMarketsUpdated 8
Gold XAUUSD buy given at 2300 hold it for tomorrow for big moveDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . 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
GOLD NEXT MOVE (waiting for the perfect entry) (06-06-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (06-06-2024) Current price- 2358 "if Price stay above 2338, then next target is 2370 and 2380 and below that 2330. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 4474