BANKNIFTYBANKNIFTY closed below va 1. gapup 49400 long till 49550 2. 49400-49050 trade reversal 3. gapdown 49050 short till 48950by subhankarsahoo0
GOLD BUY GOLD buy position for geofund news and inflation . SL : 2338.84 ENT : 2362.50 TP 1 : 2380.16Longby pouriya_kd2
NIFTYNIFTY closed below va 1. gapup 23000 long till 23050-23150 2. 23000-22925 trade breakout 3. gapdown 22925 shortby subhankarsahoo0
LONG TERM GOLD! what we see on gold is very interesting! the news brought it down nicely, but we know that gold should go up to at least 2500, a bigger short may come! we'll see! go ahead and be smartLongby AmigocsekUpdated 3
Today analysis xauusd Go up baby :) GO UP? Go 2360? in the long term, we are still waiting for further descent. but to go down we have to go up to at least 2365! we'll see :)Longby AmigocsekUpdated 6
Gold Bullish OutlookPersonal Journaling only chart shows detail Bearish move from last week to retrace back at least 50%-61.8% in order to continue bearish cycle. Ill continue to move my stop loss to break even in order to maximize my follow through. If I can scale in at those higher lows I will.Longby BetterBusinessBully6
Long MNQAlgo says go long with a possible 2 entry if SL is hit. I may be taking profit at 50% targetLongby Tn3310796Updated 1
XAUUSDhello guys hope everyone enjoying their trading journey yesterday i have shared 2 zone I took both of trade and gain decent profit now here is also mentioned 2 areas that's why I mentioned long sl so keep eyes on it Longby WiKiFX221
Gold shock correction nears endMarket participants will also be closely watching comments from Fed officials next week. The chance that the Fed will adjust policy in September remains slightly above 50%, according to data from the CME Fed Watch Tool. Market positioning suggests the dollar could face selling pressure if Fed policymakers leave the door open to a rate cut in September. On the other hand, if Fed officials favor a rate cut closer to the end of the year, the U.S. dollar may hold its ground, making it difficult for gold to gain traction. However, policymakers still have several inflation and employment data to assess before September, and they may not send any clear signals on the timing of a policy shift. The market will also see appearances from several regional Fed presidents. Minneapolis Fed President Kashkari will speak in New York; Richmond Fed President Barkin will speak at an event in South Carolina. New York Fed President Williams will speak at a conference in California; Fed Governor Cook will speak in Washington, D.C., and Chicago Fed President Goolsby will speak at the Economic Club of Minnesota. In terms of short-term rhythm, looking at the market price in four hours, the pressure position is obviously at the integer mark of 2,400 US dollars, and there is no physical closing line above 2,400 US dollars. At best, it was suppressed by a virtual break of $2,400. However, as the market price hit the $2,400 mark many times and failed to form an effective breakthrough, it then adjusted downward and corrected, which is what we often talk about accumulating strength. If US$2,400 to US$2,292 is regarded as the first wave downward revision, then US$2,252 to US$2,282 is the third wave downward revision. The correction decline is not a decline in the main trend, and the maximum correction wave does not exceed three waves. And the decline in each wave will be compressed. This wave, which is the third wave correction, will be based on the high point of $2327. Combined with the double bottom position of 2267, there is a high probability that the correction will be completed at the $2267 line. So that means the area around $2,267 is what we think is the correction low. In terms of specific layout, the third wave of downward revision has not yet completed, and next week it is still necessary to make a high-altitude pullback layout, and then retrace $2,267 before making a backhand. At the beginning of the week, focus on 2310 to suppress the first short-selling layout. Below, focus on the 2292, 2282 and 2267 positions. Focus on the first-line opportunity of touching 2267, and start to place long orders on the backhand. When the correction is completed, the bulls will return! Taken together, in terms of short-term gold operation ideas next week, Jin Shengfu recommends to focus on longs on callbacks, supplemented by shorts on rebounds. The top short-term focus will be on the 2308-2310 first-line resistance, and the bottom short-term will focus on the 2265-2267 first-line support. All friends must keep up. Rhythm. It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits.Shortby Kevin-analyst9Updated 1126
Gold bull moveGold is about to broke a resistance and I believe it will bounce off the support and make a reversal in trendLongby tourvilledamian0
GoldFull View - BPR - FVG - Breaker Low Resistance Either Side... I was expecting a lower continuation off the Daily or LTF BKR to Liquidity Void (Didn't reach it) So the only two options are The Root Candle Holds with the HTF FVG / LTF BPR to External liquidity. or Internal BISI we've already taken to Topside LR / ATHby Cb98_0
GOLD FORECASTThe current analysis indicates a Bearish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2360, and it's possible to touch 2369 as well then it'll start the bullish trend. The prevailing Bearish pressure suggests that if trading remains below 2360, the trend will continue a strong downward till 2330. Key Levels: Bullish Line: 2376, 2397, 2412 Pivot Line: 2360 Bearish Line: 2344, 2330, 2306Shortby RojBarwari2
long position for this week the price is trying to hit a fvg , and when the price get in fvg i will pepare myself for shortLongby ayoubantar430
GOLD (Toward 2369 and then !!!)Technical Analysis of Gold The price of gold has stabilized above 2354, suggesting it will likely reach 2369. A break above 2369 is needed to continue the bullish trend toward 2388. However, if the price remains below 2369, it may consolidate between 2369 and 2354. Should the price break below 2354 and stabilize, it is expected to drop to 2344. Pivot Price: 2369 Resistance Levels: 2378, 2388, 2397 Support Levels: 2354, 2344, 2328 Today's anticipated trading range is between the support level at 2344 and the resistance level at 2388. previous idea: Longby SroshMayi228
Key Levels and what you need to know about themThere are Key Levels on every timeframe. But the ones that are relevant are the ones that agree in between timeframes. There are Swing Key Levels, Intraday Keylevels /agree on H4 + H1) and Scalpers Key Levels (I use those that agree on H1 and M30). Key Levels are zones where the market has not decided yet which direction it will choose, but as a trader you have to be one step ahead and speculate on it. Key Levels of higher time frames are always dominant. So when you scalp make sure you are not landing in between the buyers and sellers fight of swing or intraday traders. How to apply on low risk: - Have a D1 ceiling and floor, have an H1 ceiling and floor. Generally don't sell on floors and don't buy at ceilings. - Look for reversals around those areas (3 peak patterns or longer consolidations rejecting an important zone) - Be careful at Key Levels (that is everything in between the floor and the ceiling) - Generally buy at floors and sell at ceilings when you have: a. indication of reversal b. break of structure indication with candle close (not few pip around the zone, it should clearly break with close) c. momentum pushing like "engulfing patterns", long candles (towards your direction), long wigs (towards the opposite direction), Dojis (indicates end of wave and short term change of direction) How to apply on middle risk: - buy when it breaks the ceiling with volatility specific stop loss of asset - sell when it breaks the floor with volatility specific stop loss of asset Also take a look at my post about specific volatility of assets. Linked below. Educationby Underlayer0
XAUUSD May 28, 2024 How will gold inflation cool down?We can observe the expected target areas above to find reversal signals to enter a sell order. With recent signs of cooling inflation and the fact that the US economy in particular has been directly impacted by high interest rates, the employment rate has decreased. These things will make the Fed's statements no longer resolute in maintaining high interest rates. In addition, the European central bank ECB also announced data to support the interest rate cut in June. Signals show that gold will continue to be supported in the near future to continue its upward price trend. Looking at H1, we see that wave 4 is about to complete. With the price data from the morning of the previous day, we measured the price target at the 2351-2355 range, but now that we have new price data, we have more information. The 2 new target areas are area 2362.5 and area 2371 - Plus the momentum in the H4 frame is still in the overbought zone, this shows that the upward price momentum is showing signs of weakening, besides the H1 momentum is increasing and is also about to approach the oversold zone. reinforces the goals of wave 4 - We can observe the expected target areas above to find reversal signals to enter a sell order. Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.Shortby DEEKOPUpdated 2
Gold Gains Momentum in Early European Trading on MondayGold prices are seeing an uptick in Monday's early European session, rising by 0.30% for the day. This upward movement in the yellow metal is primarily supported by a weaker USD and escalating geopolitical tensions in the Middle East. Factors Influencing Gold Prices The current rise in gold prices can be attributed to two main factors: 1. Weaker USD:A decline in the value of the USD typically boosts gold prices, as it makes the metal cheaper for holders of other currencies. 2. Geopolitical Risks: Increasing geopolitical tensions in the Middle East are driving investors towards safe-haven assets like gold. Upcoming Influences: Fed Speeches Investors will be closely monitoring speeches from Federal Reserve officials Bowman, Mester, and Kashkari on Tuesday. Their comments could provide insights into future monetary policy, which may impact gold prices further. Technical Analysis From a technical perspective, gold is currently in a discount area with the stochastic indicator in an oversold condition, suggesting a potential new bullish impulse. This sets the stage for a possible upward movement, making it an opportune moment to consider a long position. Investment Outlook Given the current market conditions and technical indicators, we are looking to establish a long position in gold, anticipating further gains driven by ongoing geopolitical risks and a weaker USD.Longby FOREXN1Updated 3311
Has Gold Began to correct ?Hello traders, hope you doing great. for upcoming week, I think we'll probably see an upward correction to one of the specified levels and then it will start to fall to 2300. so with a proper trigger, we can open a long position and after that, a short position. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks.by aminrzbUpdated 11
GOLD.. at resistance ?? Hold or not??#GOLD... well guys market very well holding his supporting area and bounced back.. now we have 2357 around day resistance and weekly resistance. Keep close it and if market tholdit them gain drop expected from here Good luck Trade wisely by AdilHussain7313332
Inverted H&S' on Silver Chart2 Inverted Head & Shoulders - possible trend continuation until final target.Longby onur-simsek2
Africa the new Chinese Copper ColonyThis day has seen the price differential between the COMEX and the London Metal Exchange (LME) seen as a support for the consolidation of the UK market. The copper market has been experiencing tensions due in part to the closure of one of the most important mines in Latin America located in Panama, coupled with the reduction of production forecasts from several suppliers. China's focus on lending, investment and trade with Africa as a whole has generated a beneficial exchange in which billions of dollars have been committed to construction projects led by President Xi's Silk Road initiative. Chinese investments in Africa increased by 114% according to Australia's Griffith University, where their focus is highly concentrated on extracting minerals for the energy transition and China's plans to lead and revive its own economy. Such trade also requires oil, agricultural and manufacturing products, as China's deficit has ballooned. Public-private infrastructure development (PPP) loan agreements appear to be China's channel for acquiring raw materials in exchange for finished goods. Recently, the American Enterprise Institute, a Washington think tank, reported that investments from 2023 to 2025 have been increasing to $11 billion, of which $7.8 billion went into mining, such as the Khoemacau copper mine in Bostwana, which China's MMG Ltd acquired for $1.9 billion, as well as lithium and cobalt mines in countries such as Namibia, Zambia and Zimbabwe. The hunt for critical minerals has also extended to the Democratic Republic of Congo (DRC), where the Chinese government is developing the Atlantic coast corridor called the Lobito Corridor, to send metals from Zambia to Congo, the development of the Nairboi Expressway, the development of automobile tracks in Kenya or the railroad line that was cancelled in Uganda. What can be detected in the Chinese economic model is the generation of a hyperdependence of “colony-metropolis” that was previously occurring with European countries such as France, or the United States in those countries, and this control of monetary power is being transferred to China. Looking at the July copper futures chart, there has been a gradual escalation in price since February, where major African contracts with China through the BRICs began to be backed by Gold and intensified, and this forced the repatriation of millions of dollars sitting in fort nox bunkers and respective domestic warehouses in the US. It would not be unusual to see a price contraction to previous areas of 383 because the demand for copper has been able to match pure speculation prices of 2022, where there is no real demand to cover that supply, because none of the technology consuming countries are at their best. This, added to the inflation problem, may be affecting and causing copper to remain bullish, just like the rest of the metals. But not because of real market demand, but because of inflation. Its high of 519.75 could be pierced again because of inflation, but as soon as inflation is corrected if market demand remains as poor, copper will fall in price to plummeting lows. In any case, a bullish continuation is very feasible in the short term. Ion Jauregui - AT analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades2
SILVER: Weak Market & Bearish Forecast Balance of buyers and sellers on the SILVER pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals114