Daily live trade with XAUUSD in 15m/30m/1h 20240607Daily live trade with XAUUSD in 15m/30m/1h 20240607Longby tradermongolia7
WTI, back at major order block support -- BOUNCE expectedWTI is currently sitting at below 0.5 FIB level on a weekly data -- a key area where most buyers converge. $65-70 area has been quite a solid order block support. It has been tested many times and oil keeps bouncing up from this range. A bounce is expected from current price range. Accumulation has notably started increasing at the present levels. Spotted at 69.0 TAYOR. Safeguard capital always. -------- RELATED NEWS: Reuters Oil prices settle more than 3% higher after China rate cut By Stephanie Kelly NEW YORK, June 13 (Reuters) - Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China's central bank lowered a short-term lending rate for the first time in 10 months, boosting crude prices after steep losses the previous session. The rate cut is aimed at adding momentum to a hesitant post-pandemic recovery in the world's second-largest economy and biggest crude importer. Brent crude futures settled up $2.45, or 3.4%, to $74.29 a barrel. U.S. West Texas Intermediate (WTI) crude gained $2.30, or 3.4%, at $69.42 a barrel.Longby JSALUpdated 565644
XAUUSD Plan day 7/6/2024Gold prices recovered strongly due to economic news..NF continues to be forecast to help gold price recover above 2400$ in the end of week,remember if it touch 2400 it may Go to recorded high 2450. Set up.. Buy gold zone-2352-2350 Target 2360 Target 2370 stop loss, 2340 Sell Gold zone-2400-2405 Target 2390 Target 2380 Stop loss 2412Longby Oliver_Targets13
XAU/USD under pressure ??The current price of gold (XAU/USD) is around $2,336.44 per ounce 📈, reflecting a recent increase of approximately 0.41% 🚀. Over the past few months, gold has experienced significant volatility, fluctuating between a range of about $1,810.10 and $2,450.13 🔄. Gold prices have been struggling to maintain levels above $2,400 📉, despite several attempts to break past this resistance. The recent price movements suggest that while there is substantial support at the $2,300 level 🛡️, further consolidation might be necessary 🧩. Factors influencing the current market include ongoing concerns about inflation 💸 and potential changes in Federal Reserve policies 🏦. Speculation around the Fed's monetary policy decisions, particularly regarding interest rate cuts, has contributed to gold's price volatility. Despite the noise, the long-term outlook for gold remains bullish 🐂, with many analysts expecting continued upward momentum as the year progresses. Short-term sell's 📉, looking for buy setups into the highs again 📊. Macroeconomic factors will be playing a big role in the coming weeks 🌍. For education purposes 📚**Longby Ninja_Snipes_fxUpdated 0
Gold soared on hopes of interest rate cutsAn develop above the 2,364-rate stage additionally triggers a weekly bullish reversal from closing week`s incredibly slim variety week, if it occurs earlier than the quit of the week. So some distance this week, gold is displaying symptoms and symptoms of strengthening at the weekly chart. If it continues strength, it's going to near the week withinside the inexperienced with a bullish weekly setup. Maintaining aid across the 50-Day MA goes to shop the fashion in gold. The red 20-Day MA described dynamic resistance of the upswing from the February 29 bullish breakout, even as the brand new develop can also additionally use the 50-Day line as dynamic fashion aid. A breakout above closing week`s excessive does now no longer suggest that gold begins offevolved going immediately up again. Although it could do that, the much more likely situation following the latest 23.5% rally, is similarly consolidation close to the latest highs. Another crucial rate stage at the manner up might be 2,431, a previous document excessive from April 12. Resistance can be visible there again, however there may be additionally a very good threat that the rate of gold breaks out via the rate sector because it heads higher. For a examine all of today`s financial events, take a look at out our financial calendar. 💵 TVC:GOLD SELL 2371-2373💵 ✔️ TP 2360 ✔️ TP2 2350 ❌ SL 2379 💵 TVC:GOLD BUY 2353 - 2355💵 ✔️ TP 2360 ✔️ TP2 2370 ❌ SL 2347Shortby MrTrongVoUpdated 7
Gold creates a strong decreasing patternGold stays in a good consolidation sample because it has for the beyond 9 days. The excessive of the variety is at 2,364 (C), additionally a weekly excessive, and the low is 2,315. On Wednesday gold superior to a three-day excessive of 2,357, over again checking out resistance on the 20-Day MA. At the time of this writing gold is on the right track to shut at its maximum each day ultimate fee in six days. An increase above 2,360 will offer an in advance bullish sign than a upward thrust above 2,364. The 50-day MA has represented a place of assist during the last week. If this week`s low of 2,315 fails to maintain assist, gold will goal to retest the current swing low of 2,277. A wreck beneath that stage could goal the preceding breakout degrees at 2,212 and 2,195. The meantime goal is 2,239, that is the final touch of the downward ABCD sample. That goal is a capability pivot in which assist will be seen. Downside prolonged ABCD goal at 2,205, withinside the 2,212 to 2,195 fee variety 💵 OANDA:XAUUSD SELL 2371-2373💵 ✔️ TP 2360 ✔️ TP2 2350 ❌ SL 2379 💵 OANDA:XAUUSD BUY 2353 - 2355💵 ✔️ TP 2360 ✔️ TP2 2370 ❌ SL 2347Shortby MrTrongVoUpdated 2
Gold soon regained its rising position (week 24 gold analysis)💥Gold reacted strongly at 2360 and could not overcome the old resistance level to break back to 2400. Gold has formed a double top pattern on the 4th hour frame. 💥After returning below 233x, important support levels 2317-2310 -2305 will be believed by investors to push gold prices back up. 💥The price is retracing relatively far from MA 34 and MA 89, so the downtrend can maintain for the first few days of the week before gold bounces back strongly at the end of next week. 💥When the gold price drops, we will BUY at the support points listed above. new stop loss of 50 pips for each signal. possible profit level according to RR11 ratio. When the price reaches the 2310 or 2301 area, we can consider making long-term BUY signals. 💥If you check back at the levels we have shared weekly over time, you can see how effectively they are used to trade with or against short/medium term fluctuations and trends . Resistance 2360-2400 Support 2317-2310-2305by TVS-TraderUpdated 1112
Live Trade Update📈 Current Trade: Floating another 120+ pips on gold. Target zone: bottom of the H4 FVG range. 🔍 Trading Environment: Platform: Eightcap Account Type: Live funded account specifically for scalping. 💡 Why I Scalp Gold on Eightcap: No Commission: Keep more of your profits. Low Spread: Better entry and exit points. Optimal Conditions: Superior trading environment for scalping. 🔔 Final Note: This will be my last post for the week as I do not trade NFP. Have a great one, be safe, and good luck with the upcoming volatility in the markets. Happy Trading! 🚀📊💰 #Gold #Trading #TechnicalAnalysis #MarketUpdate #Eightcap #Scalping #LiveAccount #LowSpread #NoCommission #Investing #NFP #VolatilityLongby Mike_SnD1
Xauusd breakout trades Xauusd saw a pump in price on Asian open. after a while price was settled and as always it will consolidate before breaking out support or resistance. Buy position 2375 after retest tp as given on chart and sl according to your habit Sell position 2365 after retest tp as given on chart and sl according to your risk. Today is high news day so trade with caution.by Ats9Updated 114
Silver Short Idea for June Seasonal Outlook 🌦️ June has historically been a challenging month for silver. Seasonality analysis suggests that silver often experiences weakness during this period. Various factors, including market liquidity, investor behavior, and macroeconomic conditions, contribute to this trend. As we enter June, these seasonal patterns may play a significant role in influencing silver prices, potentially leading to a decline. Commitment of Traders (COT) Index 📊 The COT index, which measures the positioning of different market participants, offers valuable insights into market sentiment. Currently, the 6 month COT index score for silver is at a bearish 3.8%, while the 3-year rolling COT index score is even lower at 2.3%. These figures indicate that smart money—typically the more informed and larger traders—are significantly short on silver. This bearish sentiment from smart money contrasts sharply with the retail traders, who are predominantly long on silver. This divergence often suggests a potential reversal or pullback in prices as the smart money tends to be on the right side of the market over time. Technical Analysis 🔍 Despite the overall uptrend in silver prices, several key technical signals suggest a potential pullback is on the horizon: Break of Structure: A higher time frame break of structure has been observed, indicating a potential shift in market dynamics. Buy Side Liquidity Taken: Recent price action has taken out buy-side liquidity, potentially trapping retail traders who are long. Imbalance Left Behind: An imbalance left on the H4 chart adds to the expectation of a corrective move. Given these factors, a strategic short position could be advantageous. The proposed trading plan is as follows: Entry: Sell at $31.24 Stop Loss: Above the recent H4 high after the imbalance Take Profit: $26.80 This plan aims to capitalize on the expected pullback to a daily demand level before any new buyers step in. Conclusion 🧩 In summary, the seasonal weakness in June, coupled with bearish signals from the COT index and technical indicators, supports the case for a short position in silver. While the overall trend remains up, the confluence of these factors suggests a pullback is likely. Traders should consider the outlined strategy to navigate the anticipated market movements.Shortby Mike_SnDUpdated 339
XAUUSD market structure on 1 hour time frame4H swing is bullish 1H swing is bullish => Current is pullback We look for buying opportunities when the price drops to the demand zone on the 1 Hour Timeframeby quangcttnUpdated 4
#### XAUUSD UNIQUE IDEA $$$$$#XAUUSD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is moving as predicted already in good gain. Getting here a good volume we can see price around 2500 soon. Keep in touch we will update you soon.Longby Williamforex2
Gold rose sharply after ADP when the ADP index was lowWorld gold prices reached the highest level of the last two weeks around 2374. Gold was supported by the weakening of the USD and the decline in US government bond yields after the latest labor market data. The ADP report of private companies added 152,000 jobs in May, much lower than forecast and compared to recorded in the previous month, this is the lowest level since the beginning of the year. Weak labor numbers may force the Fed to act soon. The possibility of the FED reducing interest rates in September is higher than 60% to boost the economy from which gold can benefit. Gold has escaped the falling price range and returned to the uptrend in line with the market trajectory. Gold created a new trading range with the main resistance and support levels at 2400 and 2358. The EMA 34 and EMA 89 crossed each other in the h2 frame, signaling that the market began to reverse strongly and the price line formed a trend. short-term increase to reach the key price level of 2400. Support: 2358 - 2351 - 2345 - 2340 - 2331 Resistance: 2380 - 2385 - 2390 - 2400 - 2414 BUY zone 2357 - 2355 SL 2351 BUY zone 2341 - 2339 SL 2335 SELL zone 2383 - 2385 SL 2390 SELL zone 2398-2400 SL 2403by TVS-TraderUpdated 8
Overview of important economic events in the past 2 weeks: XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The past 2 weeks have witnessed a lot of important economic news such as: ISM Manufacturing PMI, JOLTS Job Openings, ADP - NF, PMI, Unemployment Claims, CB Consumer Confidence, GDP, PCE, Pending Home Sales m/m As the overview chart shows: it can be seen that most of the economic data is not good for the dollar - DXY decreased - XAU increased and stabilized to recover. The US economy near the US election is quite gloomy - not showing positive recovery + war conflicts in the world (Russia - Ukraine / Israel - Palestine) are still tense ⭐️ Personal opinion: US macroeconomic factors are not supporting the economy - Gold is still a safe and effective investment channel at present. ⭐️ Technical analysis: Long-term H1, H4 time frame, after Gold price broke 2350 thanks to positive impact from economic data. Gold price tends to increase greatly, returning above the 2400 area Pay attention to resistance zones: $2400 , $2430 , $2450 ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longestLongby Nova-Scalper339
xauusd GOLD Update : Gold Trading at 2381.00 Levels Looks Bearish Sell below 2400 Gold is currently in a highly bearish position with a significant sell-off underway. The sell-off in gold is driven by several factors and purposes, including heightened economic uncertainty, increasing interest rates, and a stronger U.S. dollar. Additionally, investors may be shifting their focus towards alternative assets amid changing market dynamics and geopolitical tensions. Shortby Al-Reshad5
Brent Finds Support at 76.764 Amid Pivot Point WatchHello Everyone, Brent has experienced a steady decline to 76.764, where it has since found support. Currently, the price is moving towards the 1Y/1M pivot point. It remains to be seen whether these pivot points will act as support or resistance in the future. For now, however, a solid support level appears to have been established. TradeWithTheTrend3344Longby TradeWithTheTrend33442
WTI Oil H4 | Rising into pullback resistanceWTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 76.03 which is a pullback resistance. Stop loss is at 76.88 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 74.21 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:46by FXCM4414
bitcoin bearish idea there's a bearish idea on bitcoin if we fail to continue going up once we reach new all time highs. if we reject and get back into old range i see this playing outShortby Trader_Polo2
Gold jumped in this morning's trading sessionUS non-farm file will display gold optimism The short-time period uptrend will begin from here buyers now see approximately a 67% threat the Fed will ease economic coverage in September, up from much less than 50% remaining week. In addition to economic coverage expectations, professionals say that gold is being supported through robust shopping for call for from significant banks. Net purchases through worldwide significant banks rose to 33 tonnes in April, the World Gold Council said, persevering with to be robust notwithstanding growing treasured steel prices. The closest resistance for gold is at 2400 Experts are expecting that the imminent Fed assembly will possibly hold hobby costs solid withinside the context that inflation withinside the US stays high.by TrategySherpa1
XAU turned around to find the peak againUS non-farm report will show XAU optimism The short-term uptrend will start from here traders now see about a 67% chance the Fed will ease monetary policy in September, up from less than 50% last week. Experts predict that the upcoming Fed meeting will likely keep interest rates stable in the context that inflation in the US remains high.by TrategySherpa1
World oil prices are in the process of accumulationWorld oil fees extended 2% at the buying and selling consultation on June 6, after the European Central Bank (ECB) determined to reduce hobby fees, elevating hopes that americaA Federal Reserve (Fed) will comparable action. Meanwhile, ministers from the Organization of the Petroleum Exporting Countries (OPEC) and its allies, called OPEC+, reassured traders that the ultra-modern oil output settlement should alternate relying at the situation. into the marketplace. At the quit of this consultation, Brent North Sea crude oil charge extended through 1.forty six USD, equal to 1.86%, to 79.87 USD/barrel. The charge of US mild candy oil (WTI) extended through 1.forty eight USD, equal to 2%, to 75.fifty five USD/barrel. On June 6, the ECB carried out the primary hobby charge reduce on account that 2019, mentioning development in pushing lower back inflation, however caution of inflationary strain withinside the Copper Area. Euro (Eurozone) continues. Specifically, the ECB diminished hobby fees through 25 foundation points, to 3.75%, after maintaining hobby fees unchanged from October 2023. Lower gas charges and easing post-pandemic deliver constraints have helped push inflation right all the way down to 2.6% withinside the 20 nations that use the euro, from 10% on the quit of 2022. Investors are actually much less sure than they had been some weeks in the past that inflation has fallen sufficient for the ECB to adopt a large-scale economic coverage easing cycle. In americaA, economists expect the Fed will reduce hobby fees in September 2024. The range of Americans submitting preliminary unemployment claims rose closing week and hard work charges rose much less withinside the first area of 2024 than forecast, the Labor Department stated. While this indicates americaA hard work marketplace is cooling, it's miles not going to spark off the Fed to begin slicing hobby fees. Meanwhile, buying and selling company Trafigura`s leader economist Saad Rahim stated OPEC+'s choice to steadily raise a few manufacturing cuts, blended with sturdy gas supplies, had driven oil fees down. reduced withinside the beyond few sessions. Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman stated on June 6 that OPEC+ should pause or opposite the growth in manufacturing if it reveals that the marketplace isn't sturdy sufficient./.Longby Chart_MasterPro3
How is the gold market doing today?Gold prices are trading around the $2,370 USD/ounce mark today, down slightly from the previous trading session. However, there is still potential for gold prices to rise in the future due to the following factors: Economic uncertainty: Concerns about a global recession are growing due to high inflation and central banks' monetary tightening strategies. Gold, considered a safe-haven asset, could benefit from this risk-averse investor sentiment. Fed rate cuts: The Fed is expected to cut interest rates in September 2024 to support the economy. This could make the US dollar less attractive and boost demand for gold. Geopolitical tensions: Rising geopolitical tensions, particularly the Russia-Ukraine conflict, could lead investors to seek safe havens for their assets, driving up demand for gold.by Rena_Potter2
GOLD will break out strongly this year and set a new peakbuy gold 2360-235x SL 2343 TP 2395 -- - Gold charges regularly react inversely to the USD. The US Nonfarm file may be an critical aspect affecting the USD and consequently additionally affecting gold charges. If reported - Strong Nonfarm file, reinforcing expectancies that the United States Federal Reserve (Fed) will hold to tighten financial policy, the USD might also additionally growth in price, thereby setting downward stress on gold charges. - Conversely, if the Nonfarm file is weaker than expected, the USD ought to weaken, growing gold charges because the possibility fee of preserving non-yielding property decreases. - Investors will intently screen financial reviews to alter their positions on gold.by Chart_MasterPro1