Gold will be bullish until the endAfter the declines stopped at the expected support levels from here the gold has the right to make a very big move upwards even up to 2400by shimi2744
Xau usd (Gold)Gold made a massive correction with little retracement and is now making a bear flag which indicates contunuation to the downside. taking safe entry upon the breakdown of the pole with 1:1 target.Shortby orchidwings_14Updated 3
XAUUSD correction is confirmed, at least to 2290 ish..- Broken channel, retest - Price rejection on strong fibo levels - Bear flag pattern is 80% continuous What else??? Shortby steveivanUpdated 4
XAUUSD H1 | Bullish BounceBased on the H1 chart analysis, we can see that the price has just bounced off our buy entry at 2317, which is an overlap support. Our take profit will be at 2332 The stop loss will be placed at 2306, which is an overlap support level. 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. 73% 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. Longby FXCM3
The USD regained its form with most other currencies in theworldUSD demonstrated its strength compared to most other currencies in the world, causing XAU to fall deeply World gold spot price stands around 2,318.7 World gold prices plummeted as the USD continued to demonstrate its strength compared to most other currencies in the world Gold price dropped sharply mainly due to the increase in USD price. DXY index The Fed still follows the trend of delaying interest rate cuts to wait for US macro signals, especially inflation data. Investors are waiting for information about the personal consumption expenditure price index (PCE), expected to be announced this Friday. This is an important measure of the health of the US economy, used by investors, economists and policymakers to evaluate the effectiveness of monetary policy and forecast trends. future economic direction.Shortby TrategySherpa2
Gold's bullish view. 25/June/24XAUUSD probably forming an expanding flat abc (blue circled) in wave B (red) where wave c ( blue circled) probably an expanding ending diagonal pattern (i)(ii(iii)(iv)(v)(yellow)Longby SteveTan3
long to 2388Hi traders would like to share my forecast for XAUUSD Hope you have profitable tradeLongby Aziztvt3
XAUUSD Head and ShouldersOn the daily chart, XAUUSD fell back from a high level, forming a potential head and shoulders top pattern in the short term. At present, attention can be paid to the resistance near 2316. If the rebound is blocked, sell can be considered. The support below is around 2277. If it falls below, the downward space will be opened, and the downward target is 2150-2200 area.Shortby XTrendSpeed3
XAU / USD Monthly ChartHello traders. This week should be great. Finding a good place to short gold is where I am at if conditions are met. Currently I will be watching the $2321 area. I have marked the one red candle in the montly bull run, we should see a healthy pullback soon. Once we break and close below the $2321 area, we could see a nice push down. US dollar, as manipulated as it is, has strengthened a bit from the news. I will post a lower time frame analysis in a bit. Big G gets all my thanks. Be well and trade the trend. Let's see how things play out.by musclemilk0075Updated 7
Gold Shows minor recovery. Will it last..?Gold shows some minor upward recovery signs though momentum lacks substantial follow through buying activity as overhead resistance is seen active at $2337 As long as the metal does not break above $2337 resistance followed by stable break above $2343, there is a high probability of break below $2317 swing low with a follow up decline to $2305 and a further selling beyond $2305 will ease the drop to retest of swing low $2387by SunilKumarDixitSKCharting3
XAU / USD 4 Hour ChartHello traders. I usually do not take trades when the market opens, unless I was holding one over the weekend. Saying that, I am going to see how gold reacts at the areas marked on the chart. $2321 / $2325.79 and $2331 area all areas I will be looking at for now. This is just speculation and a post about my potential trade set ups / ideas. DYOR. Big G gets all my thanks. Let's see how the next few hours play out. Be well and trade the trend.by musclemilk0075Updated 3
Gold rises as tensions escalateBy examining the trend in the four-hour time frame, it seems that global gold has formed a floor head and shoulder pattern, and it is likely that by crossing the NECKLINE resistance in the range of $2331, the rate can increase to the 113% Fibo resistance at $2378. have a priceLongby arongroups4
Xauusd Xauusd change direction from uptrend to a down trend so we expect price to move bullish Longby Greatvic0013
Gold sell GOLD SELL‼️ Sell limit order @2333.163 - 2335.185 🎯 SL : 2338.100 ❌ TP1 : 2322.100✅ TP2 : 2310.400 🏦 Use proper RRShortby streeetbally3
Gold Sell See gold is in bearish trend and has had a fib retracement with liquidity. i have take this tradeShortby edwardsdevon03
GOLD SELL GOLD has broken the trendline and is expected to get rejected on retest Risk no more than 1% Shortby PotentFX3
gold trandxauusd is rise up long time breck trendline then move up side posibleby Forex_With_MotiChoudhary2
Short gold. Target 2311 The gold hour level is bearish, the short position is 2328-2330, and the target is 2317-2311. If you agree with my point of view, welcome to follow There will be more precise strategies in the free channelShortby SignalkingUpdated 4
XAU/USD ENTERING A BUYAt a previous support looking for a push up from this level Longby mitchpeaceforex3
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone: low-risk buy zone spanning from 2300.00 to 2398.00. Additionally, a buy zone between 2309.00-2307.00 (medium-risk), respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 2300.00 and 2398.00 serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 2309.00 and 2307.00, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈: 2302.00: Possible retracement area. 2305.00: Possible retracement area. 2307.00: Possible retracement area. 2317.00: Significant supply zone. 2364.00: Significant supply zone. 2387.00: Liquidity area. 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.Longby TTradessss4
XAUUSD is break down trend line from Retracement swingI dont care Elliottician master How they count Retracement, but if price go up and retracement in under down trendline and breaking, then I follow BUY.by jirapatsangmee3
August-September 2024: Good Looks for New All Time HighIn my associated idea, I predicted that gold would reach $2600 by Christmas 2024. Despite a few small misreads along the way, that prediction looks very much on track to become true. As for what's the expectancy in the interim - I expect Gold to retest 2357, fall back into the pits of the low 2300 range and then to find support for a trip to $2500 by August-September. Be not brr, nor bll. Just surf.by DigitalSurfTrading2
Gold/USDThe AB=CD pattern is a popular harmonic pattern in technical analysis, used to identify potential reversals in the market. The bearish AB=CD pattern indicates a potential price reversal from an upward trend to a downward trend. Here's how it works and what to look for: Components of the Bearish AB=CD Pattern AB Leg: The initial upward move (AB). BC Leg: A correction or retracement from the AB move (BC). CD Leg: A continuation of the trend in the same direction as AB, ideally mirroring the length and duration of the AB leg (CD).Shortby B9A-88652-NisarAhmad3