reverse trade directionI first opened a sell position, but when I saw the demand in the one-minute time frame, I decided to change the direction of the trade and close the previous trade at the entry point.Longby Goldminer101
GOLD → Consolidation before distribution. $2,400 or $2,300?FX:XAUUSD after a false breakdown of the support of the range is forming a correction, but within the upward consolidation channel. The fundamental background is still negative. There is no strong news in the next two days, so the fundamental background remains the same. There is no strong buyer on the market yet and thus, gold may continue its downward movement if it breaks through the support area: the rising line or the approximate area of 2340. A break of the local uptrending support line will move the market into the realization phase, which will be a continuation of the decline. The structure may be broken if the price rises and consolidates above 2354. In this case, the price may head towards 2374. Resistance levels: 2354, 2358, 2370 Support levels: 2340, 2335, 2325 I expect that with high probability the decline may continue. But in the phase of waiting for strong news (Thursday and Friday), the market may gather liquidity. Regards R. Linda!Shortby RLindaUpdated 5564
Long Idea on Gold 4HEntry price from the demand zone. I recommend opening the trade with 2-3% of your deposit. Use a tight stop loss. I will open the trade now without a stop order, but I advise you to open your position from 50% of the order block. I will mark the entry point and stop loss for you below. BUY-3.345,35 TP-3.390,53 SL-2.337,48 Longby T12r12a12d12e12r2
Xau/usd BUlish by fib is retesting the fvg before the retrecemenet to be done i ll see how gold is gonna react there i usually entry by a candlestick confirmation like a 1to3 on my box drawn if is not gonna happen i m not gonna entry the time frame that i usually look is 5 min bdw Longby Thund3r_FX223
Tea cup/ Gold cup setup on XAGUSD (Silver)1. Order block with unbalanced fair trade gap identified in the green. 2. Wedge broken. 3. Price is anticipated to break 50 McGinley line average. Longby thethefrom3Updated 8
US/UK OILClear descending wedge on a weekly/daily structure, looking for a retest of previous resistance for entry. Break on trend line or 8 daily ema may mean a change of trendLongby kakashicrypto2
XAUUSD (GOLD): Was it a Fakeout?We're currently back inside the dynamic rising trendline, I'm expecting a further push up and then a retest and then I'm getting back in. I'll set TP's at: 2405 - resistance 2445 - just below previous high 2500 - 41% Fib Extension / Good target number Not sure what's going on with USD ATM as per my earlier post, however geo-political tensions are growing significantly so I'm expecting more speculation on gold.Longby FinchcliffeUpdated 334
XAU/USD - Sell Zone!Hi there! I'm a seller on XAU/USD : -RMID (Range Manipulation Initiation Distribution) -We have liquidity. -We have an interesting zone. -We have the optimal fibo. -We have accumulation before/on the zone. -We are with the trend. If you liked it and want more, feel free to subscribe and Boost the publication! Shortby InfiniteY15
Gold H1 range analysis and important zonesI do not like this zone. Fibs is showing a pickup at 0.786. But it's right at a point of massive contract volume. Anything can happen around there... If you see clear reversal at M15 and strong bullish momentum it's safe to buy from zone to zone. Be careful at the hourly ceiling and the hourly floor. When it gets there we need clear reversals in H1. Don't forget baerish has been dominant last week.. The floor beneath all the way down is still dominant. (2330)by UnderlayerUpdated 1
XAUUSD LONGSeing Great Long idea on XAUUSD after nice drop which gives us quite nice entry price with a good Risk RewardLongby Fx_Trader19033
Buy Idea GOLD!"Long idea on gold, use only 5% of the deposit for the trade, no more, as the trade is somewhat risky in case of a stop loss due to a buy zone below in the form of an order block at 2317. I will re-enter, with the same targets, but you can set the stop loss as you wish.! The idea was published earlier but was blocked due to rule violations, and the entry and stop orders were different. Now that the trade is already open, I'm providing another opportunity to re-enter through the demand zone. Entry Price: 2350.00 Stop Loss (SL): 2331.47 Take Profit (TP): 2449.70Longby T12r12a12d12e12r4
Gold/USDA bearish butterfly is an options trading strategy designed to profit from a decline in the price of the underlying asset. It is a variation of the traditional butterfly spread but adjusted for a bearish outlook. Here’s how it works: Profit and Loss Potential - **Maximum Profit**: The maximum profit occurs when the price of the underlying asset is at the middle strike price (ATM) at expiration. In this case, the options you sold expire worthless, and the options you bought have the highest value. - **Maximum Loss**: The maximum loss is limited to the net premium paid for the position. This happens if the price of the underlying asset moves significantly away from the middle strike price. - **Breakeven Points**: There are two breakeven points, which can be calculated based on the premiums paid and received. When to Use a Bearish Butterfly - **Bearish Outlook**: This strategy is suitable when you expect a moderate decline in the price of the underlying asset. - **Neutral to Bearish Market**: It benefits from a stable to slightly declining market. Advantages and Disadvantages Advantages: - **Limited Risk**: The maximum loss is limited to the net premium paid. - **Profit from Decline**: Profits from a decline in the price of the underlying asset. - **Defined Risk and Reward**: Both potential profit and loss are clearly defined at the outset. Disadvantages: - **Complexity**: More complex than simple options strategies. - **Commission Costs**: Multiple legs mean higher transaction costs. - **Sensitivity to Expiry**: The strategy is highly sensitive to the price at expiration, making precise timing crucial. Conclusion The bearish butterfly is an advanced options strategy suitable for traders with a bearish outlook on the underlying asset and who are comfortable with the complexity and nuances of multi-leg options positions. It offers limited risk and the potential for profit if the asset's price declines moderately.Longby B9A-88652-NisarAhmad0
OIL Swing Expecting price to react from this area and continue to trend downwards from this figure level @80.000.Shortby newsy110
Dow Jones Weekly Template of May 27th BullishMonday has just shown its hand to me on what the week will bring. This week will be a bullish expansion candle. Whether or not it will be a small, medium or large is still up in the air. The average weekly candle's range is 900 ticks. I believe that Monday is the low and will be bullish all week. This pattern right here on a Monday is the textbook play of a bullish week. Price bounces around under the weekly open price and towards the end of the day blasts higher. Tuesday will then continue higher Here is a weekly template with the Monday pattern Longby travis18haneyUpdated 114
ES Low of Week Pullback For Bullish Weekly CandleNow that Monday has printed, the weekly template that it has revealed is a bullish expansion week and Monday is the low of the week. I just now entered in market order at 5324.00 with a 6 point stop down at 5318.00 and a target at 5364.00 for 40 points or 6.6:1 I don't believe price will be returning back below the Low of Week, if it holds. Please see my prior post on the Dow Jones for more details Longby travis18haneyUpdated 222
XAUUSD (GOLD) BUY ANALYSISHere on gold price has been in uptrend and there is a tendence that it will still go up as it still showing bullish . So it expected to go long and targeting profits should be around a psychological level of 2,370.000Longby FrankFx141
XAUUSD Harmonics Crab Pattern Gold Bullish Long PositionXAUUSD Harmonics Crab Pattern Gold Bullish Long Position -Crab Reversal Pattern -Falling Wedge Reversal Pattern -Divergence on RSI reversal indicationLongby PandaPipsProUpdated 119
Gold Bearish IdeaAs gold is bearish in 4HR and 1 HR timeframe, we can short from 15 min Lh and also it is 0.6 of fib level.Shortby mqasim1212225
GOLD corrects strongly, FOMC minutes, main trend areaGold fell sharply under pressure from profit-taking activities in the market and the Fed's (FOMC) meeting minutes. According to the Federal Open Market Committee meeting minutes, although US monetary policy has become a secondary factor in the gold market, continued inflation could cause additional selling pressure as it could force The Federal Reserve must adjust its monetary policy, personally, the Fed is unlikely to increase gold interest rates again. Gold's rally cooled as investors took profits and traders cut bets on the Federal Reserve cutting interest rates this year. With the release of the Federal Reserve meeting minutes, market expectations of the Federal Reserve cutting interest rates continued to decline, leading to increased purchases of the US Dollar, making gold expensive. than for holders of other currencies. According to minutes from the U.S. central bank's April 30-May 1 meeting, Fed officials said it will take longer than previously expected to build confidence that inflation will pick up. 2%. OANDA:XAUUSD is known as an inflation hedge, but the opportunity cost of holding this non-yielding asset increases as interest rates rise. Recent economic data shows inflation trending downward, but Fed policymakers said the central bank should wait a few more months to ensure inflation actually returns to its 2% target first. when cutting interest rates. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, after gold broke through most of the key technical levels and it is now also in a key price area for a technical bullish outlook with a long-term downtrend and moving averages 21 days (EMA21). In the immediate future, if the gold price returns above the 0.236% Fibonacci level, it will have enough conditions to recover with a short-term uptrend from the price channel. During the day, the trend of gold price is still downtrend with notable technical levels that will be listed as follows. Support: 2,366 – 2,353USD Resistance: 2,384 – 2,400 – 2,410USD 🪙SELL XAUUSD | 2406 - 2404 ⚰️SL: 2410 ⬆️TP1: 2399 ⬆️TP2: 2394 🪙BUY XAUUSD | 2344 - 2346 ⚰️SL: 2340 ⬆️TP1: 2351 ⬆️TP2: 2356 by Xayah_tradingUpdated 1111
Crude bouncesCrude oil has put in quite a turnaround over the last couple of trading sessions. At the end of last week, Brent and WTI had sliced through support and looked as if they were set to head lower. Both had broken down through the lower ends of their respective trading ranges that had been building since the beginning of this month. But prices suddenly turned higher and Brent and WTI are now comfortably back within their ranges once again. This has seen front-month WTI head back towards $80 per barrel, a level which has held as resistance this month. The daily MACDs on both contracts have been in oversold territory since early this month. But these had flattened out recently and turned higher, suggesting a rally could be on the cards. Well it has now happened, but not before support there was a break of significant support. There are meetings between OPEC and OPEC+ members this coming weekend. The expectation is that the group will extend its current production cuts from June through to the end of September. Before then, there’s an update on the Fed’s preferred inflation measure, Core PCE. This has the potential to upset investors if it were to come in above expectations, and thereby reduce the possibility of Fed rate cuts this year. by TylerNorcross2
Gold Trendline and Channel Breakout ! Ready For BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20006
Gold Trendline and Channel Breakout ! Ready For BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 3