GOLDThis Weekly FORECAST Opportunity for GOLD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN3
Dumpster FireWith the S&Ps inability to hold above the overnight low today, inflation data on tap for tomorrow, and an almost insane amont of crowding in every good trade available I think it is time to pay for our hubris. NVDA trade is showing cracks, MSFTs buyback program seemingly on hold and a vix close above the 50 day tells me we are in for some short term pain. Extended personal outlook: *this is not finical advice, I'm not a financial advisor! The fact that FED members are even mentioning rate hikes, even if to just dissuade us that the next move will not be one, should be alarming. Maybe they will give us a transitory rate hike. Probably not this year, but by year end, I expect the market to catch on to the fact that rates are going higher.by poedric220
a daily price action after hour update - goldGood Evening and I hope you are well. Gold comment: 2350 is the big line in the sand for both sides. Bears did it big time by closing below the big bull trend line from March and consecutive daily closes below the 20ema. Problem for them is, 2300 - 2350 was huge support for 2 months now and I doubt bears can break it that easily. My bear channel from the weekly outlook is still valid though. current market cycle: tight trading range key levels: 2350 - 2380 bull case: Big support 2300-2350 and bulls need a daily close above the ema (2380) again. Right now they have not shown strength but neither have the bears or we would have traded lower already. Invalidation is below 2300. bear case: Bears see this as a small pull-back in the new bear trend (started with the double top on the daily chart) down to 2170-2200. They need much bigger selling pressure to get below 2300 though. Invalidation is above 2390. short term: Completely neutral inside given range. medium-long term: For now I think the most reasonable outlook I could give is a trading range 2200-2450. This could hold for some time. Bear in my still thinks this rally is dumb and we will see 2000 again this year but that’s as unreasonable of an outlook one could hold so DON’T. current swing trade: None trade of the day: Long low of last week 2349 after bar 3 (signal bar) - bar 4 = entry barby priceactiontds1
XAU/USD INTRADAY BULISH IDEAHawkish FOMC minutes deliver a harsh dose of reality Gold on track for largest weekly drop since December XAU/USD daily chart highlights negative divergence as bullish momentum wanes Gold market trading involves a thorough understanding of the fundamental factors that determine gold prices like demand and supply, as well as the effect of geopolitical tensions and war. Find out how to trade the safe haven metal by reading our comprehensive guide:Longby mqaisar144221
NQ Scalping Update 5/30NQ Weekly Outlook - As we can see all of my downside levels have been hit and will continue to remain bearish pending any news surprises. 18,600 is the line of the sand for me or it gets ugly. Weekly trend showing multiple bearish divergences also. Upside Targets: * 18,929--19,000--19,100 Downside Targets: *18,826--18,758--18,693 Daily Trend Tracker - *NQ- *DXY+ *VIX+ *US10Y+by QuantumEdgeAnalytics1
Mapping GoldGot some lines and stuff here. Sold thinking we kick back from these diagonal resistances. Looking to 3313-3280 for TP and look for some wicks to enter on the bounce from there. Expecting a decision from 0000-0800 tomorrow. Will go long if we breakthrough upper diagonal and retest with confirmation. Good luck Shortby ImminentDanger2
ANALYSE GOLD SCALPINGGOLD NOW TO WAY TO FINISH WAVE Z 15 MIN SCALPING note :any help or question just send write comment to help you Note: for new followers after follow me cheek your inbox in trading view i will send message welcome and surprise like and follow our profile for more signal forex for free and good luckShortby tarikhut4
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply/demand zone (low-risk sell/buy zone) spanning from 2357 to 2359 and 2327 to 2325. Additionally, medium-risk buy zone between 2334-2332.5, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 2357 and 2359, serving as a low-risk sell. Important Demand Zone🟢: Identified between 2327 and 2325, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 2334 and 2332.5, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈: 2330: Possible retracement area. 2337: Possible retracement area. 2342: Possible retracement area. 2352: Laying Buy Side Liquidity Ultimate Target: 2357- Significant supply zone. Bearish Targets📉: 2356: Possible retracement area. 2350: Possible retracement area. 2342: Possible retracement area. 2334: Possible retracement area. 2327: Essential Demand Zone Ultimate Target: 2320: Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss3
GDP drop as expect + Bear Flag If you check 1D time frame you can see Gap down that show strong selling pressure On 1H show bear flag show impulse down wave hope this trade set up is good this time Shortby tofinse1
Draw on NQTape is crappy. Without NVDA and AAPL, this market would be in free fall. Therefore, we sell until underlying stocks show some initiative. First target is this Liquidity here from a while back. If you look at ES it already broke lower...NQ should follow.Shortby Pogchamp99Updated 1
The bullish rise in gold has been digested, now 2350SellGold rose due to the bullish data in the US market, but the stimulus brought by the bullish data has been digested. There are many resistances on the daily line, so continue to short. Gold is currently priced at 2350 in the US market and is directly short! The 4-hour moving average of gold has also begun to turn downward, and the rebound space for gold bulls is limited. Gold 4-hour yesterday's starting point 2354 continues to sell at highs. The current bullish strength of gold is not enough to reverse. The market is likely to fluctuate before the big data. Don't chase the gold if it rises, otherwise you will be uncomfortable in the pursuit of rising and falling. Gold rebounds at a high level and continues to be short.Shortby Get-rich-signalUpdated 3316
STILL ON GOLD SELL TO 2277!!!!!! SELL NOW!!!!Still on the wyckoff theory model after we hit the last sign of support trend have been moving towards the target area am still selling gold using the engulfing candle confirmation JOIN AND ENJOY.........Shortby CAPTAINFX25
XAUUSD 2420 Currently a lower high is forming on Higher TF's (4H + ) The recent 4H low closed above the previous 4H low so it seems like we are moving up. 2331, 2345, 2370 are key levels to get in a long trade and hold gold to 2420 + Wait for the retest on the key level before entering. Goodluck FX:XAUUSD Longby ShvdeeUpdated 115
GOLDThe idea of long positions in gold is still relevant. Yesterday, there were news events that negatively affected the price of gold, causing many buying points to be ignored. However, these news events were just another manipulation, and the price absorbed the liquidity of the previous week's low. The nearest target now is the previous day's high. The entry points are questionable, and the risk of hitting a stop-loss is very high. This is a scalp session, so be careful and use only 1% of your deposit. For example, if your balance is $1,000, enter the trade with $10-15. The main thing is to find a favorable entry point, and patience will be key from there. !!!I should note that this idea complements my previous ones, especially the first idea where I canceled the main entry point. This idea is a long-term option, while the current trades aim for short-term profit.!!!Longby T12r12a12d12e12r1
USOIL Trading Strategy: Bullish H1 Candle Confirmation for Buy SIf a bullish H1 candle closes above the 79.10 level, we will initiate a buy position. The stop loss for this trade will be set at 78, while our target is set to exceed 80. This trade setup offers a risk-to-reward ratio of approximately 1.3:1, making it a potentially favorable trade. Longby MrKTechnicalLevels10
GOLD IS BUYINGgold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying gold is buying Longby jack_of_all_trades228
New H1 Range for Gold/ NEWS TradingGold is near the daily floor, but didn't want to drop all the way. I do not like that zone, there is a daily and a new hourly Key Level. If you trade here with 500 pip SL from zone to zone. News is coming out in 20 minutes, I will be watching for a News trade today, about 30 minutes to 2 hours after News, when market has calmed down. by UnderlayerUpdated 1
Gold Price Analysis: Key Levels and Scenarios for Potential Move### SMC-Based Setup Analysis: 1. High Probability Buy Setup: - If H1 candle closes above 2364-65, initiate a big buy. - Target: 130-250 pips move up to the 2386-2394 area (Fibo 0.50% area). - This area might act as a good reversal point. 2. Downside Scenario: - If H4 candle closes below 2330, expect a downward move. - Target: 2298-2290 area (potential support for gold prices). - This scenario is likely due to high volatility and rejection from the H4 Fair Value Gap area. 3. Alternate Upward Push: - Price may get a significant upward push from the 2290-2300 area. - Target: Approximately 100 pips move upwards. by MrKTechnicalLevels227
UKOILHello Traders My idea about OIL is Bullish To the targets After breaking the 82 $ and retesting the price the goals on the chart Good luck Longby akrmelo10Updated 10
XAU/USD) Technical Analysis: Bearish Patterns Indicate PotentialThe XAU/USD is showing signs of potential bearish movement with the completion of the Bearish Butterfly pattern and the formation of a Bearish Flag. Key levels to watch are the resistance at 2380.000 and support around 2295.554. Traders should monitor these levels and the price action closely for confirmation of the predicted movements.Shortby efmarquez40
When will gold raise again Here's the possible scenarios i see. The bearish continuation: if price gonna keep smashing down hard we might see a retest of the 1 hr FVG above when a drop more down to the round number 2300.00. but if we see bulls snicking in and bears respecting the support level 2321,47 the bulls might take out the liquidity at 2360.08 when drop down to 2300.00 Bullish reversal: i do believe that a lot of traders have a buy limit set on 2300.00 and what do you guys think we see below that ? a lot af stop losses and a bunch of people becoming liquidity before we see the next move up 🚀Shortby Mortenphysique1
SILVER: Small Corrections And Then Shoots Up! TVC:SILVER Expecting small correction to our identified area, and a strong bounce from our region is expected. The trend is still extremely bullish however, as we said price is making a correction once it completed and at the rejection we can enter. **If you like the idea then please like,comment and follow us** Team Setupsfx_ Longby Setupsfx_4
XAU decline back to 2100 dollars1.Okay May's candle just closed and it's a shooting star same as April's candle. This isn't typical especially on the monthly which means we could see further upside, after a correction. 2. Currently the market is in the third leg of the Elliot wave, and we might be going into the 4th corrective wave. Price action below the monthly chart is further proof of this. 3. A retest of $2100 and even $2000 is likely and then A 5th leg past current highs is inevitable. OANDA:XAUUSD Shortby Ratii2