gold changed trend i drew all information for you just (((( maybe gold want do fake to all I drew for you with red arrow ))) so if want try buy please take position at under liquidity Shortby MR_G0ld0
PLAT/GOLD ratio: why my stockpick number 4 will start to fly !!Platinum is usually 1 to 2 times more expensiv than Gold historically (between 1.17 and 2.37 times from 1998 until 2008). After the Great Financial Crisis things went out of wack ! The ratio fell inside a bullish descending wedge until it touched its low point around 0.39 ! At the peak of the Corona Crisis you could buy 2.5 ounces of Platinum with 1 ounce of Gold ! This undervaluation is of factor 3 compared with its average. This means Platinum could very well outperform Gold by 3 times in the future. Intresting is that price formed a double bottom with its recent March low and that a bullish divergeance formed between the March 2020 and March 2024 low. Whereas the March 2020 low was a FALSE breakout of the wedge. The March 2024 is a REAL backtest of the apex of the bullish wedge. The future price movement of the ratio, and especially the price movement of the PLG (Platinum Group Metals - stock pick number 4/10) should be dramatic !!Longby Dangermousebanana0
Crude Oil / Brent Oil Robbery Plan in Bullish SideMy Dear Robbers / Traders, This is our master plan to Heist Crude Oil based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, Market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_TraderUpdated 1
Brent Crude Oil (XBRUSD): LONG Call, Butterfly Harmonic PatternXABCD Butterfly pattern has been drawn on price chart. Three White Soldiers appeared signaling an upward break out for the final leg of CD. Just wait till breakout confirmation once previous LH is breached. Keeping Stop Loss at previous prominent HL of leg AB, my trading values are mentioned on the chart. Taking 2 trades with 1:1 and 1:2 risk/reward ratio.Longby ASAD_G47Updated 3
2024 05 29 XAUUSD Bearish Case: Begining Wave 3 to the downside- Gold led the markets with correction to the downside starting on May 20 - The move was very strong and is a beginning of an impulse wave. - Gold corrected for 3 waves and I think is ready to resume move down - Wave 3 is usually the longest and the steepest. In this case it might be not because Wave 1 Was long and steep.Shortby actualAntelope547900
GOLD, Price vulnerable under the 2365-2358 ResistanceThe Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data. Resistance : 2358 - 2365 Support 1 : 2335 Support 2 : 2305Shortby AbeikuGlobal_FX113
Wednesday Forecast Crude OilWe had a very expansive two days From the Bank Holiday Monday and Tuesday. I do expect the market to slow down a little before we start to move higher to 81.50 as long as price stays above the 1hr fvg and the 1hr +ob my bias will be Bullish. If we close bellow these pd arrays then a retracement is in order and different targets will have to be looked at. Pretty simple Longby IamThattrader0
Potential Reversal on GOLD On the Daily timeframe we can observe that gold has reached it potential reversal zone, after completing ABCD Harmonics and printing strong divergence. Keep an eye, if 2275 level breaks, we can expect at big fall. Shortby Shahzaib0051
XAU ShortTime for a pullback! This is the blueprint. I say price returns to $2000, but could very well regress all the way back to $1800 over the next year. I’m looking for a much better entry on the lower time frames than the one shown on the chart, but you get the picture. It’s time for a major regression back to where price consolidated for over a year, in 2021. Happy Trading!Shortby NeoDaNomad0
GOLD BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! GOLD is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 2325.206. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
WTI $USOIL BullishGIven the support from the asian session this morning, WTI already broke the 200EMA yesterday. Europe is going to take it further. 80.12 -> 83.0 Longby Altzeasy20
Gold futures rebounded strongly after last week's price pullbackWith the June settlement nearing its first be aware day, the August 2024 gold futures settlement will quickly turn out to be the maximum actively traded. Currently, the August 2024 settlement is up $27.40, buying and selling at $2,384.30. Multiple elements were riding gold`s ascent to document highs. While a few analysts characteristic the treasured metal's rally to greenback weak point and declining U.S. Treasury yields, our evaluation shows that geopolitical and macroeconomic impacts have performed a extra full-size role. Ongoing army conflicts withinside the Middle East and the Russia-Ukraine battle keep to gasoline geopolitical uncertainty, bolstering gold`s safe-haven appeal. Additionally, primary banks international had been regularly growing their gold holdings over the last years, with China's primary financial institution a number of the maximum competitive buyers. China's client call for has additionally been a first-rate catalyst for gold's current surge. According to UBS, "A vast motive force of the surge in gold costs has been the sturdy boom in China's gold call for, specifically glaring withinside the first zone of 2024.by MrTrongVoUpdated 1
Crude Oil (WTI) may rise to 80.90 - 81.35Pivot 79.35 Our preference Long positions above 79.35 with targets at 80.90 & 81.35 in extension. Alternative scenario Below 79.35 look for further downside with 78.95 & 78.50 as targets. Comment The RSI advocates for further upside. Supports and resistances 81.90 81.35 80.90 80.23 Last 79.35 78.95 78.50 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson2
Gold chart analysisLast analysis was correct till now ! It may to make reaction to static liquidity or FVG area and if blue trend line (Daily) broken we can enter to short position after see confirmationShortby mparsco1
OIL will going up around 83Oil will going up aroung 83, Buy now. we can see Oil has Descending Braodening Wedge Pattern.Longby EdyDragon4
XAUUSD : Gold will increase strongly againAlthough the price of gold is slightly decreasing today, looking at the technical level, the prospect of an increase in price of this precious metal is still very high as XAU/AUD is trading actively above the 100 EMA today. However, the indicator RSI 14 is currently at an intermediate level around the 50 line, showing the possibility that XAU/USD will move sideways or not have a clear trend in the short term. The first upside price target will appear at the upper border of the Bollinger band at $2,427. If gold's momentum is sustained, prices could head towards an all-time high of $2,450. Breaking through this resistance level, gold could rise to the psychological level of $2,500. Conversely, the $2,325 level will be the initial support zone for XAU/USD. The next key support level is $2,300. Any sell-off below this level would send gold prices closer to the lower edge of the Bollinger band at $2,277, followed by the 100-day EMA at $2,222.by SantaTradeGold1
XAUUSD (GOLD) SELL ANALYSISHere on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000Shortby FrankFx140
XAUUSD (GOLD) SELL ANALYSISHere on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000Shortby FrankFx140
XAGUSD upside target 34.0XAGUSD is currently maintaining a good upward trend, and bulls are performing strongly. At present, we can pay attention to the potential upward AB=CD pattern, with a target position of 34.0.Longby XTrendSpeed4
Gold has stabilized on the middle track, and we continue to be b This week clearly indicated that the gold price should rise to recover the market, and the gold price began to open low bullish ideas near 2330 at the beginning of the week. The first stage of the rise of the target 2350 arrived, and now the price is moving towards the second stage of the rise of 2368 target position, yesterday's public 2347 near the dry price of 2364 line, to keep up with the idea is to harvest. Today, starting in 2347 repeatedly dry more, we do not chase but dry short also do not go to early intervention, at least reach the limit of 2385 and then consider the game stage high point, and the current stage of the bottom consolidating price is still on the way up. Today, do more than 2347 repeatedly, or such as the price of white break through to pull up a small margin of high entry! Go straight to this week's rally target of $2385! Intraday strategy 1: 2347 Repeat more, stop 2339, target 2357-2368!Longby Yuliya10Updated 11
check the trend It is expected that after some fluctuation, the price will make a new ceiling and then we will witness the completion of the corrective uptrend. If the price crosses the green support range, it will be possible to continue the downward trend up to the support trend line rangeby STPFOREX0
Gold- correction could be over soonAs explained in my latest video and written analysis, gold may have changed its trend. However, considering the 1000-pip drop from last week, a correction could occur. Indeed, the price started to rise after hitting a low of 2325 and reached a high around the 2360 zone. This rise is clearly corrective in nature, and gold could soon drop again in a new downward leg. The sell zone is between 2365 and 2375, with a target for bears at the 2300 level. I remain bearish as long as the price stays below 2380 on a daily closing basis.Shortby Mihai_Iacob141426
NQ Power Range Report with FIB Ext - 5/29/2024 SessionCME_MINI:NQM2024 - PR High: 18951.00 - PR Low: 18936.75 - NZ Spread: 31.75 No significant calendar events Fading inside prev session range. - Hold prev week's highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 227.10 - Volume: 20K - Open Int: 249K - Trend Grade: Bull - From BA ATH: -0.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Shortby mv3trader50