xau/usd trade analysis for upcoming weekmarket maker sell model Orignal consolidation done after Lrb done and price goes into SMR phase after its completed LRs done and now retest and need to take sell side liquidity down complete.by Harsh81886
BUY XAUUSDThere will be a big buy move after the retest. Following the retest, I am looking to buy gold and am waiting for a confirmation within a shorter period of time.Longby Knickk3
GOLD: Bullish - FLAG detected + Breakout of the range.GOLD: Bullish - FLAG detected + Breakout of the range. 1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$. 2- When we break a range the Take profit should be the Height of the range. Then the TP2 is expected around 2 518$. 3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is expevted around 3 030$ The red horizontals are retracements regarding ICHIMOKU levels . However a retracement Fibonacci gives a target lower around 2 100$. Be carefulLongby Le-Loup-de-ZurichUpdated 4
XAUUSD LongFOREXCOM:XAUUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!Longby PhinicsUpdated 10
XAUUSD 20 - 24 May 2024Dear friends, In a bullish case we will be active from 2421.5 (high risk) the best zone to buy is above 2429/30 zone. The critical zones are 2438 - 2448 - 2465 - 2477 - 24 - 2425/30 and after that 2500 or the moon. In a bearish case we will be active from 2402 (high risk) the best zone to sell will be after 2396. The critical levels are 2381/78 - 2370/67 - 2360 - 2354 and 2340. We will keep you all updated with regular updates throughout the week. Don't forget to like, comment and follow to support me, i really appreciate it! I wish you a good week, trade with a stop loss and I hope you all get rich! Longby TheDutchGoldTradeHubUpdated 6
GoldPrice is consolidating and the important support is seen at 2405 - 2410. Price has formed a descending triangle pattern. If it breaks the support, then we can expect at least 20 points fall. Buy above 2410 with the stop loss of 2404 for the targets 2418, 2430 and 2444. Sell below 2398 with the stop loss of 2404 for the targets 2392, 2384 and 2376. Even the price fall, remember the main trend is positive and it is a pull back. Always use stop orders to protect your capital. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. by vanathiUpdated 5
23rd May Analysis of Gold Price Overview On May 22nd, the price of gold experienced a notable decline, falling from $2415 to $2375. This sharp movement could be attributed to various market factors, including economic data releases, changes in investor sentiment, or geopolitical events. As we look at the price action on May 23rd, gold is anticipated to retest the $2397-$2400 zone. However, there is a prediction that it may fail to establish a head and shoulders pattern, indicating potential future movements. Technical Analysis Price Decline on May 22nd: Support and Resistance Levels: The sharp decline from $2415 to $2375 suggests that there was a strong resistance at the $2415 level, which sellers capitalized on, pushing the price down to $2375, a significant support level. Volume and Momentum: It's crucial to analyze the trading volume during this decline. High volume on the way down indicates strong selling pressure, which might suggest a continuation of the downtrend if the buyers do not step in. Retest of $2397-$2400 Zone: Importance of the Zone: The $2397-$2400 zone is a critical area. If gold manages to break above this zone, it could signal a potential reversal or continuation of the uptrend. Conversely, if it fails to break through, it might indicate that the downtrend will persist. Indicators to Watch: Pay attention to key technical indicators such as the Relative Strength Index (RSI), Moving Averages, and the Moving Average Convergence Divergence (MACD). These will provide insights into the strength and momentum of the price movement. Head and Shoulders Pattern: Pattern Characteristics: The head and shoulders pattern is a classic reversal pattern that signals a potential change in trend direction. A successful pattern consists of a peak (head) between two lower peaks (shoulders) and a neckline that connects the lows. Prediction of Failure: If the price fails to break above the $2397-$2400 zone and does not complete the head and shoulders pattern, it could indicate that the bears are still in control. This failure might lead to further declines, potentially testing lower support levels such as $2350 or $2300. Conclusion The price action on May 23rd is crucial for understanding the future direction of gold. The retest of the $2397-$2400 zone will be a significant indicator of whether gold can regain its upward momentum or continue its recent downtrend. Traders should closely monitor the price action, volume, and technical indicators to make informed decisions. A failure to break through the critical zone and establish a head and shoulders pattern could signal further bearishness in the gold market.Shortby TradingGuruTop2
🔥GOLD TREND ANALYSIS ON MAY 22💲In the past two days, gold has failed to continue the bullish trend and is in a state of range oscillation adjustment. From the daily chart, the stochastic indicator of the daily K fluctuates and rises, and the MA5-MA10 golden cross runs upward, indicating that the golden cross is bullish. At present, KDJ is in a sticky state. From the 4-hour chart, gold is consolidating in the 2440-2400 range. The stochastic indicator shows a volatile trend, MA5-MA10 dead cross, and MACD fast and slow line dead cross continues to show green energy columns. The K-line pattern shows a bottoming out and rebound, and the anti-fall support position is near 2410, and it is sideways and anti-fall. In terms of operation, choose to step back to near 2410 to go long. It is expected that gold will continue to rise in the short term, but it is necessary to prevent a fall after a high. On the 1-hour chart, gold is trapped in a wedge consolidation, and the support below needs to pay attention to the vicinity of 2407. Radicals can go long directly at the overnight low of 2410. The bull support area is between 2406-2410. We need to focus on the 2400-2406 area as the bull lifeline. Short-term long orders can be arranged above this area, but if it breaks below 2400 at any time, it will be beneficial for the bears to test lower points.by MasterGoldTraderUpdated 10
xau/usd trade analysis possible long area 4h ob mid point long area 2347 to up to 2450 possible sort from 2402 to 2347 by Harsh81880
XUAUSD - Gold Short side trade 🔻🔻🔽⬇️GOLD trade bellow this level after a candle close (DOWN SIDE ) 👉keep traking always use SL for small LOSS after closing a red candel then bellow that red candel entry, SL is little bit big. keep trail SL Shortby ArmanSahaUpdated 224
XAUUSD May 22, 2024 Is the current correction over?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Yesterday there were many statements from members of the Fed 1. Fed's Jefferson says it's too early to know whether deflation will last. 2. Fed's Mester says economic conditions do not support three rate cuts. 3. Fed's Bostic expects only one rate cut this year. The main content is to maintain the increase in interest rates. This information continues to support the current adjustment period Looking at the H1 chart we see - The current correction process is likely to be an abcde triangle correction wave model. - This process is likely entering the final stage of the correction. Looking at the price model, we wait for wave e to form to end the correction. - The correction process is confirmed to be completed when the price breaks through the peak of wave d (2433.8), then the price continues to increase to the target of 2500 Trading plan If price stays above 2406 we have a good buying zone at 2408 If the price breaks down to 2406 we have a good buying zone at 2401 Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.Longby DEEKOPUpdated 4
Gold Upcoming views right now #gold #xausd Be provide a good signal in The Gold and still good show the bullish sign because it’s not break 2400 level. Buy gold 2410-2420 Target are 2460 2480 2510 Sl are 2370 Longby bopandit470
Gold Upcoming views right now #gold #xausd Be provide a good signal in The Gold and still good show the bullish sign because it’s not break 2400 level. Buy gold 2410-2420 Target are 2460 2480 2510 Sl are 2370 Longby bopandit470
🔥GOLD TREND ANALYSIS ON MAY 21💲From a technical perspective, the daily line rose on the upper track of the Bollinger Band, and the price broke through the historical high of 2449. The Bollinger Band moved upward as a whole, and the short-term moving average showed a golden cross upward pattern. Other periodic indicators also maintained a long position. Combined with the risk aversion caused by the geopolitical situation, the daily line also needs to be prepared for the gold price to fall sharply at any time from the high level. From the 4-hour chart, the gold price first retreated slightly after the opening this morning, and fell into the 2415 area after touching the middle track of the Bollinger Band 2406. At present, the moving average dead cross pattern has become the upper line of pressure. In addition, other periodic indicators are unable to follow the rise. The Bollinger Band as a whole shows signs of exhaustion of upward potential. In addition, the MACD indicator dead cross, the green column potential continues to increase, and the KDJ indicator dead crosses again. Therefore, the overall 4-hour level can be expected to increase the selling caused by consolidation. From the 1-hour chart, the short-term retracement from the high point of 2450 to 2407 is also relatively fast, and the local closing is just neutral. At present, we are focusing on the breakthrough of the 2450-2433 downward trend line. Today's early trading session fell again to test the 2406 support line. If the European session breaks the 2407 low point, the adjustment space will be further deepened. On the contrary, if it breaks the high, the sustainability will not be too strong, and it will be accompanied by repeated inertia to explore highs and fall back. Short short once near 2420-2423 in the European session, stop loss 2430, target 2406-2400. Enter the low position to do more, and then enter the market after the hourly chart stabilizes. On the whole, today's short-term operation of gold is recommended to be short-selling on rebounds, supplemented by long positions on pullbacks. The short-term focus on the upper side is 2423-2425 resistance, and the short-term focus on the lower side is 2397-2390 support.by MasterGoldTraderUpdated 28
xau/usd trade analysis long term h1 time frame above is the h1 time frame trade analysis of pair xau/usd possible up front move from discounted area 2390 to 2393 long from 2390 to 2393 sl area 2370 target area 2450 and above Longby Harsh81881
Gold to continue The rally?With Increasing size of Candles, And Rising Volume. Gold seems to be prepared for 2550 2600 zone. 2565 to be precise. Longby DrAnandMUpdated 4410
Gold 1 hr resistance 1hr resistance area.. sell small sl maintain. Support resistance plan. Happy trading.Shortby Tamiltry111
bullish symmetrical triangle patternIn XAUUSD there is an bullish symmetrical triangle pattern in 1 hour time frame now which is going to be bullish OANDA:XAUUSD Longby nikhilharake3692
xau/usd trade analysis 21/05/2024a nice sort from 15 min fvg up to down 15 min fvg sort area 2423 sl 2432 tp 2393 Shortby Harsh81884
How much will the price of XAUUSD drop on May 21, 2024?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. The war between Russia and Ukraine has not yet found a voice at the negotiating table, plus President Putin's recent visit to China further shows that Russia will not make concessions to Nato. And recently both Russia and Ukraine rejected the French president's call for a ceasefire during the Olympics in Paris on May 17. These moves further demonstrate tensions in the geopolitical situation The US economy, after a long period of maintaining high interest rates to control inflation, has led to a situation where the economy is showing signs of weakening, although it is not yet in a recession, but with the leading economic index falling. of the US fell 0.6% MoM in April following an uncontrolled 0.3% decline in March. Weaker consumer outlook on business conditions, weaker new orders , negative interest rate differentials and falling new construction permits fueled April's decline. It suggests weaker US economic conditions going forward. With such potential risks, Gold will continue to set new ATHs until the above conditions are resolved. Use the Elliot wave principle to evaluate the situation on the H1 chart - Yesterday gold created a new ATH at 2450, this is the target area of wave 5 that we launched. - Then the price dropped to 2408 and recovered slightly to 2436, so we have the current gold price in the ABC correction wave. - Looking at H1, we see that wave a and wave b are likely to have completed and currently the gold price is completing wave c of the correction. - The expected price range of wave c has 2 target areas: area 2397 and area 2381, this is the target for the end of wave c. Plan to trade when the price approaches the 2397 or 2381 zone Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.Shortby DEEKOP1
GOLD PREDICTION THIS WEEK 14/5- 18/5At the start of the week, gold prices saw a decline due to stronger U.S. Treasury yields and a rebound in the U.S. dollar. This led to a moderate pullback from its recent peaks, although the price of gold still remains relatively high historically, influenced by persistent economic and geopolitical uncertainties. Analysts predict that gold prices may rise later in the year. Anticipated rate cuts by the Federal Reserve, as inflation decreases from its recent highs, could lower the real yield on U.S. Treasuries, enhancing the attractiveness of gold as an asset that does not yield interest. Additionally, factors like ongoing global conflicts and market fluctuations typically boost the demand for gold as a safe-haven asset. Longby TradingGuruTopUpdated 8
GOLD ON 17TH MAY 2024Current Market Situation Gold prices have been experiencing a bullish trend, recently approaching the resistance zone of 2397-2400. This movement is significant as it indicates a potential test of this critical resistance level. Scenario 1: Immediate Upward Movement In the first scenario, gold continues its upward trajectory and tests the 2397-2400 resistance zone. This scenario is plausible due to several factors: Global Economic Uncertainty: Ongoing economic uncertainties, including inflation concerns, geopolitical tensions, and fluctuating interest rates, often drive investors towards safe-haven assets like gold. Weakening Dollar: A weaker US dollar makes gold cheaper for investors holding other currencies, thus increasing demand and pushing prices higher. Technical Indicators: Technical analysis may show bullish signals such as rising moving averages or positive momentum indicators, supporting the case for an immediate test of the resistance zone. If gold successfully breaches the 2397-2400 resistance, it could signal a continuation of the bullish trend, potentially leading to new highs. Scenario 2: Retracement to 2370 Before Rising In the second scenario, gold experiences a retracement to 2370 before resuming its upward movement. This scenario can occur due to the following reasons: Profit-Taking: After a significant rise, investors may take profits, causing a temporary pullback in prices. Technical Resistance: The 2397-2400 zone may act as a strong resistance, leading to a short-term correction as the market digests recent gains. Market Sentiment: Changes in market sentiment, such as positive economic data or policy shifts, could cause a brief decline in gold prices. If gold finds support at 2370 and holds, it would likely attract buyers looking for an entry point, leading to a rebound and another attempt to test the 2397-2400 resistance zone. Strategic Implications For traders and investors, both scenarios offer potential opportunities: Scenario 1: A break above 2397-2400 could be seen as a buying signal, with potential for further gains. Scenario 2: A pullback to 2370 could be an opportunity to buy at a lower level, anticipating a rebound. Risk management is crucial in both scenarios, with stop-loss orders and position sizing helping to mitigate potential losses. Conclusion Gold's price movement is influenced by a complex interplay of economic factors, technical indicators, and market sentiment. Monitoring these elements closely will be essential for making informed trading decisions. Whether gold continues to rise immediately or retraces to 2370 before moving up, both scenarios present potential trading opportunities in the current market environment. Longby TradingGuruTopUpdated 8