Gold sell again for weekHi traders, we sell agin gold for week. And our old trader are running till now❤️Shortby FOREX_HIGHT2
Bullish trend in XAUUSDA bullish trend is observed in Gold XAUUSD and is likely a good point to take a long position. The previous trend was bearish and there was a bullish divergence and the trend reversed after the divergence.Longby wakqas121
XAUUSD SHORTSBreak of the higher timeframe uptrend Anticipating a strong push to the downside, rejections respecting the Fibonacci Shortby GiovanniEx0
WTI Crude Oil: LONGToday's session marks the beginning of the bullish move higher to test the April 2024 WTI highs. The ultimate target seems to be around the 85.00 - 87.00 region. This move begins now and may possibly extend to the end of June or early July. The stop loss should be around the at least be 77.90. Stay tuned for updates.Longby ZAR_Republic3
Gold Scalping SetupsA day trader should have a realistic target of 40 to 50 pips. I am sending you my analysis on gold according to smart money concept. Do your own and trade after match. by FineTrader786117
Bear StrongGold price is down. It was retracing near 2370 but it faed, but now is seem to go near 23000 Down ( in 30m tf) there is liquidity. The probabity of price is to clear that one. Let us see. Shortby BoaNergeTrading2
XAUUSD LONG- ASIA SESSION - 1:6 RRGood Morning Asia, On Monday, I shared a Long opportunity with my second target at 2369.80. Although I'm still holding this position, I've identified a scalp opportunity this morning with a good R:R opportunity of 1:6. Price is currently accumulating and preparing for that final bullish expansion towards 2369.80. I believe a bearish continuation in-line with the Daily will take place after this move, see below: On the LTF, price is currently in a 15mins bullish range. Therefore, I'm anticipating a purge of the recent low within the 15mins range at 2357.78. This is where I'll be entering with my SL below the low. My target is 1:6 towards 2347.35 Trade safe and use appropriate risk. Longby Pips4BreakfastxUpdated 113
Where are we now in the Hong Kong Stock market ?Now, it is always clearer when we have a longer time frame to plot the chart and it seems more common sense why we should buy later and not earlier. Bear in mind that the chart is constantly plotting its price movements and in December 2022, that was the picture shown and one has to rely on this to make a decision. Of course, if you are trading, then you would have a stop loss, probably at 16968 level. But if you are like me who see the longer term potential of the China market, then a paper loss of 20% is pretty common. And you would average down at 17193 recently when it presents another better buying opportunity. 19116 is an important support level and the price action has went down below it. The next support is at 17193 level and if this breaches, then it is possible that it may returns back to the bearish trend again. I doubt so when the National Team in China are seriously propping up the stock market with different measures. If we take 14903 as the bottom price point, then the index has risen more than 32% , thus a 8-10% retracement is very common. It should be a buying opportunity for those who continues to believe in the cheap valuation of the Hong Kong stock market. The only sectors that remains hazy is the property sectors which may take some years to stabilise(2025-2026). Banks are pretty stable not forgetting they are state owned so the government will ensure its viability. Tech stocks are what drives the China market in the coming years - robotics, AI, E-commerce, EV, semiconductors, etc which the Government continues to pour investments into it. I remain bullish on the HK/China stock market and will continue to accumulate on weakness. Please DYODD Longby dchua1969Updated 440
GOLD Trades Idea for Wednesday 29 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 29 May 2024 BUY LIMIT Order: $2349.43 Stop Loss: $2340.06 Take Profit 1: $2358.54 Take Profit 2: $2370.67 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 28 May 2024 We managed to hit take profit 1! Shifted stop loss to break even and hope to reach final take profit 2! P&L for the month: +1.7R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R 13 May: -1R 14 May: -1R 17 May: -1R 21 May: -1R 22 May: +1.6R 28 May: +0.5R & Running The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10RLongby Barry_Games_Trading1
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 shahfx93114
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