XAGUSD SELL Could this be a possible selling zone for Silver? The RSI is showing that the market has reached maximum buying area. The 4HR is also showing a reversal chart pattern at the current zone, we could possibly see selling pressure coming in. Let's see how this will play out Shortby WiLLProsperForex1
XAUAUDThe Chart is printing HH and HL with no divergence so the trend is Bullish The Entry Point will be 80.66 and the stop Loss will be 78.84Longby Azeem2081
SILVER XAG $24 | Range for entry $18 | $40 Oil has a 20 year cycle that resets from $5 to $120 per barrel this Rock has less than 20 .. 10year of winding down and 3 years of unstoppable pump by senyorUpdated 4425
posted a bit late but short on nas100looking for a short on nas after the break out downwards from my trend line I marked.Shortby EternalxlUpdated 0
📈🔔 *Attention Investors! XAUUSD Rally Alert!* 🔔📈📢 Attention traders! 💥 XAUUSD is on fire, setting new highs with precision! ⚡ Check this out: 🔎 XAUUSD Insight: 📉 Locked in a fierce contest between 2353 and 2361. 🧐 Is a breakout near? 🔻 Downside Watch: 🔻 Stay cautious for potential drops if it dips below this range! 🎯 Targets: 2345, 2343. 🔺 Upside Watch: 🔺 Look for buying signals if it rises above! 🎯 Targets: 2368, 2370. 💬 Engage with Us: 💬 Share your thoughts as we navigate this exciting market! 📢 Let’s achieve greatness together! 🚀✨by hanalyeeforex226
Gold price today (May 28): Increases simultaneouslyDear traders! Gold prices today continued their upward trend with spot gold increasing by 15 USD to 2,350.7 USD/ounce. Gold futures last traded at 2,352.5 USD/ounce, up 18 USD compared to yesterday morning. The yellow metal price increased slightly at the beginning of the week as investors expected an important inflation report published later this week that would change the US Federal Reserve's (Fed) view on the possibility of cutting cuts interest rate. Recently, the Fed's positive stance on interest rates has put great pressure on precious metals markets. Personally, I still maintain faith in the bearish trend of gold prices to continue in the near future as gold faces more hawkish comments from Fed officials and better-than-expected US economic data. While gold is often considered a hedge against inflation, higher interest rates increase the opportunity cost of holding gold. Currently, investors are waiting for the personal consumption expenditures (PCE) price index, the US Central Bank's preferred inflation measure, expected to be released on Friday for more clues about the Fed's future policy direction. In the current environment, the gold market will be sensitive to inflation data. Accordingly, if the report shows downward price pressure, it may arouse hopes of cutting interest rates by the Fed and boost gold prices. On the contrary, if PCE is higher than market forecasts, it will deal another blow to expectations of Fed interest rate cuts and cause gold prices to fall even deeper. In the short term, use Fibonacci technical analysis signals if the downward momentum continues due to profit-taking pressure. The next recovery point for gold is 0.5 - 0.618, more clearly around the 2,380 USD area as shown on the analysis chart. It is expected that the decline could bring prices to the support level of $2,300/ounce or lower.Longby ConanForexUpdated 2020116
Heading into overlap resistance, could it reverse from here?XAU/USD is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2,373.83 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 2,396.28 Why we like it: There is a pullback resistance level which is slightly below the 81.8% Fibonacci retracement. Take profit: 2,328.59 Why we like it: There is an overlap support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets9
Retrace started, pattern is clear !A very clear and consistent HH-HL price action and measured moves down ! I believe we will see a retrace back to the TrapZone. what do you think ?Shortby SnowflakeTraderUpdated 7
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 2366 to 2368 and 2337 to 2335. Additionally, medium-risk buy zone between 2345-2343, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 2366 and 2368, serving as a low-risk sell. Important Demand Zone🟢: Identified between 2337 and 2335, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 2345 and 2343, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈: 2338: Possible retracement area. 2343: Possible retracement area. 2356: Possible retracement area. 2364: Significant supply zone. Ultimate Target: 2400- Significant supply zone. Bearish Targets📉: 2364: Possible retracement area. 2356: Possible retracement area. 2347: Possible retracement area. 2333- Laying Low Liquidity Ultimate Target: 2331: Essential Demand Zone 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
RTY Retest and FailRTY is my favorite short setup at the moment. Had a nice break of this ascending wedge and failed on a retest. I expect further downside, but being cautious with shorts while NQ and NVDA are this strong. Shortby AdvancedPlays0
FCPO1 bullish momentumafter very big bullish momentum price predictions will going up to $4027 for intraday. ABC pattern will appear at bigger TF to move to second zone above $4100 (fibo retracement 50% daily). TAYORLongby shahfx93113
ZM! still uptrend still look uptrend after a big pullback on H4. price still bias going up looking for $401 zone fibonaci 50% retracement if this hit need to draw a new technical review. TAYORLongby shahfx93111
Bullish gold.. Seize the opportunity Gold seems to continue the buy. Find buy options and key In the trend by RonaldoRichmond5
XAUUSD, WEEKLY CHART... here's how it looks.I've been trying some custom approach / experiment on detecting reversal play in advance stages -- and my current case study is XAUUSD. Here's how it looks. Based on weekly data, we got a thinning price line with a shifting inverted support lines (bottom lines). A good confirmation Identifier would be a complete horizontal inverted support line shift. 1950 (completed support line) would be the key price point for that level. Touch it, and we got a BUY SIGNAL. Non-confirmatory (risky) would be 1940 level. TAYOR. Safeguard capital always.by JSALUpdated 1116
SILVER, bargain opportunity that's hard to resist.SILVER has trimmed it's price significantly to multi week lows. The overextended correction is a good opportunity for possible reversal prospect. KEY NOTES: Daily FIB is at 61.8 level -- buyer's key demand area. Currently bouncing off this level with precision. Histogram higher lows. Daily Higher lows -- firm ascending support lines. TRI-MONTHLY higher lows - price + histogram conveying firm price valuation goal. Bubble up volume appeared twice this last 2 quarters -- current range of 22.00-23.00 acting as support space for XAG. Spotted at 22.3 TAYOR Safeguard capital always. Longby JSALUpdated 3318
GBP (GBPUSD, 6B1!) Weekly Forex Forecast.... BULLISH!Bias is Bullish, overall. Price has formed several +FVGs on the way to the DOL. Potentially, a pullback to one can propel price higher to the draw on liquidity at 1.2810. I do not think price pullback further than this +FVG at 1.2745. This is also the location of the Volume Imbalance seen on the Daily TF.Longby RT_MoneyUpdated 1
Gold buyLiquidity to take,new bullish trend, 3 ascending triangles, bullish market structure, Longby seanstone12240
Xauusd Xauusd I dropped the signal of a buy its just same pattern that repeat it self I love ❤️ the way Xauusd is playing out but we hit sl on audusd I lost 114$ and am making 900$+ a nice day Longby Greatvic001332
A Shining Year for Gold: Geopolitical Risks and Economic DynamicThe year 2024 may be a bright year for gold, but it coincides with a period of increasing geopolitical risks. Global political and economic uncertainties, while unsettling investors, may boost demand for safe-haven assets such as gold. Another notable feature of this year is the decline in inflation and interest rates. It is expected that inflation will be kept under control, and central banks will opt for interest rate cuts. The -0.75% interest rate reduction can be considered as part of efforts for economic recovery. Gold has traditionally been a sought-after investment in environments characterized by low inflation and interest rates. Therefore, the anticipated interest rate cut in 2024 may support gold prices. However, the persistent presence of geopolitical risks remains another crucial factor influencing the value of gold. Investors will carefully monitor the performance of gold in 2024, taking into account both geopolitical developments and economic indicators in this complex and dynamic environment. In the face of potential risks, a diversified investment strategy may provide a more secure position. ------------------- When I look at the gold mining index, I see a very positive increase. ------------------- The graph of gold in 12-6-3 month time frames gives very positive clues that the price will rise. ------------------ My Goals for 2024 - 2200 - 2500 - 2700Longby FXMHDHUpdated 2211
silver vs spx weeklyHere's the setup for #silver to run up over 50% in a few months and recapture the mythical 50$ mark.by Badcharts1
2024-05-28 - a daily price action after hour update - oilcomment: In my weekly outlook I wrote that 76 was rejected often enough and bulls are favored to at least test the top of the channel around 78.8. They poked enough today and finally broke above. I expect 84 over the next 1-2 weeks. Measured move would bring us to 84.3. current market cycle: Bear trend broken - Still inside bigger triangle (form of trading range) key levels: 76 - 84 bull case: Got my clear confirmation today and will look for long entries over the next days. Bulls probably expect a pull-back to maybe the daily 20ema (79) to form a channel). 1h 20ema is currently holding nicely. Invalid below 78.4. bear case: Bears stepped aside since Friday US session and we are in a strong bull trend inside this bigger trading range. Bears will try to sell new highs for small scalps. Best they could hope for is moving sideways around 80. short term: Up - 84 expected over the next 1-2 weeks. medium-long term: We are seeing the big triangle playing out between 73 and 86 (could also be 87 but for now I see the spike above 83 as a failed breakout of the triangle. We hit the lower trend line and now we will test back up to above 83. trade of the day: Just buy anywhere. Look which 20ema is holding and buy near it. Longby priceactiontds1
USOILWe can attempt to buy USOIL from specified level as it break LH , also bullish divergence occur indicate that it move upward . SL , TP mention in chart.Longby SignalEdge2