XAUEUR_1D_Buyhello Update analysis of gold against the euro Analysis style based on Elliott waves in daily and mid-term time frame The market is rising in the 5th wave of Elliott. Currently, until the number 2488 is maintained as a support, the upward trend is for the target of the 5th wave to the number 2666.
GOLD/EUR
XAUEUR_4Hhello
Analysis of gold against the euro Analysis based on Elliott waves The market is in a downward correction and this correction is the bottom of wave 4 in the long term, for which we are buying the market for the long term. But in the 4-hour and weekly time, the resistance is 2545.5, and by maintaining this resistance, we will fall towards 2440.0
XAU/EUR "Gold Euro" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU/EUR "Gold Euro" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
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XAU/EUR "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear 🤑💰,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAU/EUR "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
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Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 30m timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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XAUEUR Gold Mines Robbery Plan in Short SideMy Dear Robbers / Traders,
This is our master plan to Heist XAUEUR Gold Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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$XAUUSD $GOLD $2,540 PLAUSABLE BY END OF WEEK (23Aug2024)Since the 1st of April 2024, TVC:GOLD has formed a clear bullish channel with a highly probable eventful price action week to the few hours after FED Chairman Powell's speech on Friday. I believe a suggestion of an emergency FED rate cut outside schedule propels TVC:GOLD to between $2,525 and $2,540. This of course is dependent on the size of retracement in the earlier days of this week.
12th to 16th August was a bullish week that saw TVC:GOLD reach an ATH above a psychological mark of $2,500. In the absence of clear increased and unpriced geopolitical risk(s), I expect some retracement within the accelerated channel from 12th Aug (white channel). The accelerated bullish channel (white) and the longer term bullish channel (pink) provide a great tier of support levels to use as risk indicators against the bullish trade.
1. The 1st support level will be $2,483 as it coincides with the high of day's trades for 17th July and coincides with the progressive mean for the accelerated channel for last week's trades on the yellow metal. The yellow dashed line shows the first level a retracement can breach against opposing the long positions this week. This will probably come as early as the Asian trades in a few hours. I will still hold if a position was opened in fear of a huge event over the weekend. I opened a smaller than normal position near Friday's closing bell.
2. The slightly more significant area for me will be the $2,464 - $2,472 price range on a daily candle. Any close in this range between Monday and Tuesday together with Volume profile analysis should indicate strong selling pressure (amber range). This will be the last level I would add to my position (but on the small side as the probability to hit $2,525 - $2,540 would need more certainty of an event driving the price's momentum.
3. If on the Day candle we hit the red-pink zone, then an event driven momentum could only see us hitting sub $2,530 but for me sellers would have significantly dented my expectations for the week.
LET"S GO FOR THE GREEN DOT OR HIGHER. GOOD LUCK
4. Touching $2,429 or under before or Wednesday on any timeframe is significant even for the bullish channel started 1st April. This will be its rising mean and crossing under is some seller strength in the arm wrestle for $GOLD.
XAUEUR Gold Mines Robbery Plan To Steal EverythingMy Dear Robbers / Traders,
This is our master plan to Heist XAUEUR Gold Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
XAUEUR Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist XAUEUR gold Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Stop Loss : Recent Swing Low using 4h timeframe
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Golden Doomsayer judgment is that inflation still highGold prices traded higher midafternoon on Wednesday as a report showed US inflation is still high.
Gold for June delivery was last seen up, again near US$2,400 per ounce.
The US Bureau of Labor Statistics on Wednesday reported the April consumer-price index rose by 0.3% from March.
Shelter, gas prices remain sticky.
Notable call-outs from the inflation print include the shelter index, which rose 5.5% on an unadjusted, annual basis, a slowdown from March. The Shelter index (the largest US CPI component with near 32% weight) rose 0.4% month over month and was the largest factor in the monthly increase in core prices, according to the BLS.
Sticky shelter inflation is largely to blame for higher core inflation readings, according to economists.
In technical terms, Gold prices are on positive path, firmly above 26- and 52-weeks SMA, while 50/200-weekly SMA Golden Cross that occurred in 2017, still works pretty well, helps year after year to robust gain in yellow metal.
Technical perspectives are near 2550 and 2800 per XAUUSD ounce in this time.
GOLD XAU/EUR Bullish Money Heist PlanMy Dear Gold Robbers / Miners,
This is our master plan to Heist Bullish side of GOLD/EURO Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
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GOLD XAU/EUR Bearish Robbery Plan to make moneyMy Dear Gold Euro Robbers / Traders,
This is our master plan to Heist Bearish side of GOLD EURO based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯.
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Gold might be in a late stage of the rallyGold saw a pullback of nearly $100 from a high of $2,431, followed by a slight rebound, dragging the price to $2,370 per troy ounce. This increasing volatility begs the question of the market’s state. To address this, we would like to note that the rising volume has been accompanying the increasing price, which is positive (and, indeed, quite impressive, considering how much gold has run up in the past year). In addition to that, silver and some of the mining stocks within the precious metals sector began to catch up with gold recently, which could indicate the shiny metal is entering a late stage of the rally. With that said, we think there is still a significant chance for gold to run higher (likely beyond $2,500). But then, we are also well aware that certain market developments (if they play out) might hold gold down for much longer (including the stock market downturn, steady or higher interest rates for longer, etc.).
Illustration 1.01
Illustration 1.01 shows the daily chart of XAUUSD. Green arrows highlight a simultaneous rise in the price and volume.
Illustration 1.02
The weekly graph of XAUUSD depicts two multi-year resistance levels from the past, which now act as critical support levels. Following a breakout above the first level in June 2019, gold rallied nearly 51% before forming another wall of resistance at $2,075. This level was first time broken (temporarily) in late 2023 and then again in late February 2024 (now with the price staying above it); when measuring from the second breakout level at $2,075 until the recent peak of $2,431, gold rallied slightly more than 17%, potentially leaving some more upside left (though, unlikely another 30% without a significant pullback to the base).
Illustration 1.03
The daily chart of XAUUSD above shows alternative support levels derived from past peaks and troughs.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
XAU/USD SELL - 07/02/2024Dear Students,
I trust you're all eager to explore the fascinating world of trading. Today, I want to walk you through the rationale behind a hypothetical sell position in gold in 2051, leveraging a supply zone strategy.
1. Identifying the Historical Supply Zone:
Upon thorough analysis of historical price charts, a prominent supply zone was identified at the price level of 2051. This zone represented a region where sellers historically dominated, creating a robust resistance level that had consistently held over time.
2. Technical Analysis:
The decision to initiate a sell position was heavily influenced by technical indicators. The presence of the supply zone, coupled with other bearish technical signals like overhead resistance, reversal candlestick patterns, or negative momentum indicators, provided a compelling case for a potential downward movement in gold prices.
3. Fundamental Analysis:
Fundamental factors were also considered in conjunction with the technical signals. If economic conditions, central bank policies, or geopolitical events aligned with the technical signals within the supply zone, it bolstered the conviction behind the sell decision.
4. Global Economic Conditions:
Understanding the broader economic landscape was pivotal. Factors such as interest rate decisions, economic indicators, and currency movements that interacted with the supply zone were carefully analyzed to anticipate potential catalysts for a downward price movement.
5. Market Sentiment and Supply Zone Dynamics:
The supply zone wasn't just a technical level; it also resonated with market sentiment. If there were indications of increased selling interest or a shift in sentiment aligning with the supply zone, it added another layer of confidence to the sell decision.
6. Diversification within the Supply Zone:
Initiating the sell position within the supply zone was strategic for portfolio diversification. By entering the market at a historically significant level, the trade aimed not only for potential profits but also to minimize risks associated with potential market reversals.
7. Short-Term Perspective:
This sell position was approached with a short-to-medium-term perspective, anticipating a potential price decline within the context of the identified supply zone.
8. Risk Management within the Supply Zone:
Robust risk management strategies were integral to this hypothetical trade. Setting stop-loss orders and closely monitoring price movements within the supply zone were paramount to control potential losses.
Remember, this discussion is intended for educational purposes, and trading decisions should be based on a comprehensive analysis of both technical and fundamental factors. If you have any questions or would like further clarification, feel free to reach out.
Happy learning,
New all-time high is inGold skyrocketed past $2,140 only a few minutes after the futures market opened. Unfortunately, however, the rally was not sustained, and shiny metal erased nearly all of its gains by the European morning; in fact, at some point, it traded as low as $2,057.89 per troy ounce. While the overnight price action was, once again, pretty impressive (and despite us loving to see gold rising), this situation also makes us worry about the overall market's health. Over the past two months, gold and Bitcoin began to move by leaps, with increasingly more and more people betting on the FED cutting interest rates in the first quarter of 2024; yet, in our opinion, we will not see that, at least not in the first half of next year (unless the FED is forced to cut due to a crashing stock market). As a result, disappointment among investors can lead to volatile repricing across various asset classes, including gold and crypto. Our long-term bullish outlook remains unchanged. But at the same time, we are wary that the potential weakness in the stock market can quickly translate into weakness in gold. Therefore, we are approaching the current period in the markets very carefully.
Illustration 1.01
Illustration 1.01 shows the weekly graph of XAUUSD. The yellow arrow indicates a bullish breakout above the previous all-time highs.
Illustration 1.02
Illustration 1.02 displays the 1-minute chart of XAUUSD. The yellow arrow indicates a futures market open.
Technical analysis
Daily = Bullish
Weekly = Bullish
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Its hard to talk Straight and Right/!>Hello dear participants in the Market
I am trying to somehow use political perspective as less as I can to express my view on the economic part.
But I think the general awareness on the subject justifies my use of this kind of references more. There is a lot happening and its getting harder to stay neutral.
The line between the power(political) and finances had become so thin, and we can see the market reaction to this struggles and sometimes it feels like a financial battlefield between grand players and sides(there is a visible harmonious movement most often).
What they are referring to these days as “the axis of evil” the new version of it of course, it must not hide or going unseen the impact of Many other parties playing…
But considering these three major countries, Iran, china and Russia influence and sometimes shared interests, makes the idea of an unusual(unwritten) alliance between them more possible But there are differences in their decision making dynamics.
China has a future defining role here.
It seems like they are preparing for different scenarios, maybe in controversial ways sometimes But if the peace chances looks stronger, I believe that they are ready to contribute to the way of maintaining and restoring some of the civilization's values in this chaos.
Iranian anti semitic government position in regard of the current events is disappointingly clear, in fact it’s been clear since it’s evolution turn-around in 1979, and like so many nations most of it’s people aren’t at the same page with their government's foreign policies and its overseas activities.
Its very important for us at this stage, to try define some key words because it makes a lot of difference given our minds way of measuring things nowadays. So given the circumstances the word “fair” make a tricky obsession of our sense on it, so the term “balanced expectations” is a more suitable and calculable way to deal with the reality we’re facing now.
What that should motivate us besides color, culture, religion, language, geography and even differences to stand out against the path which officially started nearly two years ago have to be the desire for peace and tranquillity. because if this continues it will ultimately touch all of our lives more than how much it already did and it won’t be a pretty sight for none of us if we let it be.
I think one thing we can do (which some began and are doing) is to determine the post-war solutions around geopolitical conflicts
So much that we will see a New(considering the expectations formed by the previous re-actions) picture better than before this chaos because we paid and are paying a painful price ever since and I think no Sane Mind having a desire for more now.
The game of power has been always suggested any shortage in responding as a sign of weakness and its true that we’re all a product of nature after all and we didn’t lose our animalistic instincts, we just learned to live above them, and base our judgments on reason and flexibility with counting on the hard earned values we gathered throughout our (bloody) history as humans(the good definition of it),
So we know enough, and it’s our choices which’s making the difference…
The more validate type of analysis about political military actions is to analyze interests gained by parties, and its true that manipulation of this kind of basic perception is a tool being used and using still
And even this method of manipulating could cause some kind of reverse psychology effect, so confusion is the main game and ultimately a lesson i hope it to be for us to learn, a lesson which should enhance how we perceive the ongoing reality.realities
Its seem like Middle east war has its own attention especially with America from west and almost all nations in the Region.
What “feels” like an expected discrimination, is showing itself and what threatens the future of our Civilization in peace and prosperity is this very feeling’s existence ! But Europe, is one of the powerful forces in the axis of peace and i think they can help out Ukraine if it receives proper (especially)financial support so it makes our currency related plans more clear.
Ukraine's destiny, is very sensitive to our specie's evolution in its history and it will define all of us as modern civil humans in an uniquely designed era of our world.
And i think its time for Capitalism to engage its resources into the ongoing issues more than ever and the front line of supporting is the Europe zone. It’s obvious that we all want peace but its not that simple, there are a lot of variables with different natures and reaching that point with solid and stable outcome needs…<;,>’’
We understand now that our destiny (living..) is very much linked to each other at this stage of the civilization, So as peoples affected by decisions out of our control or even knowledge we should remind our selves that we are the main vein of every major changes through history and this time we can choose not to be just the subject of Their deciding, for Ourselves. S
People can show that they have a say in or against politics around this deep rooted chaos, now is the time, now we have the chance to brighten our role(as a..?) in this critical chapter of modern history, to honor the sacrifices of those who lost their lives for the path to the next chapter of our Civilization as a Whole in peace and harmony. And its kind of exciting to witness and participate in the building of a new world a one
which… (:coming soon:), uniquely with no similarity to anything in our known history.
Crazy deal.Earlier, I updated my thoughts on shorting gold, but it only fell to around 1943 before stopping. I have updated in the channel and closed the transaction.
Obviously, I seized the opportunity and the rising order has been profitable.
Now we continue scalping and shorting the highs.
TP1950
GOLD esting resistanceThe gold price is showing quiet negative trading, gradually moving away from the 1963 level, reinforcing expectations of the continuation of the downward trend during the coming sessions, with its next target at 1943, stimulated by the negativity of the Stochastic indicator, which is clearly visible now, with a reminder that the continuation of the downward wave depends on stability below the 1963 and 1981 levels.
Pivot Price: 1963
Resistance prices: 1981 & 1998 & 2017
Support prices: 1943 & 1931 & 1912
The general trend expected for today: bearish
timeframe: 4H