xauusd 1h 4h demand monthly up , weekly up , daily up. here we have a 1h RBR as the first possible entry. our second option is the 4h DBR that is lower. should the market retrace to these zones ill be waiting wit ha buy limit Longby MastermindGND2
GOLD Trading Opportunity! SELL! My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2414.7 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2381.7 My Stop Loss - 2437.5 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Shortby AnabelSignals113
Weekly #XAUUSD analysis, 20-24 May. The price is in a bullish move and apparently will break the historical high this week. Daily time frame: 4H time frame: 15M time frame: by yehiabedawi3092
XAUUSD week 3, May 2024 How far will the increase continue?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Last week, we saw that the US economy also sent remarkable messages. For the first time, the number of applications for unemployment benefits decreased despite the softening of the labor market, this shows that the American people are gradually adapting to the current controlled economy, plus the CPI released last week has increased beyond expectations, this will create motivation for the Fed to continue maintaining high interest rates in the near future Besides, we see some notable points: the assassination of the Slovak prime minister, we know that Slovakia is a pro-Russian country, or the Russian president's official visit to China, which raises concerns about risks. global geopolitical risk. In addition to geopolitical concerns, this visit of Russian President Putin may promote the development of the BRISC bloc, which will accelerate the purchase of gold by the central banks of this bloc to prepare gold reserves. designed to strengthen the bloc's common currency Although the US economic situation will still keep high interest rates to restrain inflation, this will create strength for the USD, but the current geopolitical fluctuations in the world will still create conditions for gold prices to increase and volatility to occur. The gold became a safe place for him to hide Looking at the 1D chart, we rely on the Elliot wave principle to analyze price movements - Last week we saw a strong price increase and currently the price is clinging to the peak of 2433. - At this point, it is still early to conclude whether correction wave 4 has completed or not. - We have the price level that confirms the completion of wave 4 and the start of wave 5 at 2433. - If next week the price breaks out through 2433 then we have confirmation that wave 4 has completed and the price is in rising wave 5 then we will measure 2 expected price targets for the end of wave 5 which is the 2500 area. and area 2550 - If the price cannot break the 2433 zone and turns down, then the price is still in correction wave 4 and at a smaller wave level, the price will complete wave b and will continue to complete wave c as shown on the chart. - Then wave b is confirmed when the price breaks out through the 2280 area, then we will have the target to end wave c measured at the price range 2455 and 2211 Above is Deekop's plan for next week and the daily plan will be updated by Deekop every day 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.by DEEKOP2
goldthis is the true example of resistance transforming into support, gold is a still a buy, will create higher highsby oheek2
GOLD Bearish Correction Ahead! Sell! Hello,Traders! GOLD went up and Almost retested the All-time-high resistance Of 2431$ so we will Be expecting a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals113
XAUUSD 600+ PIPS OPPERTUNITYXAUUSD we are expecting one more push up for grabbing the external liquidity. LOOK FOR BUY SETUPS ONLY. we have 2 important levels marked on chart . Once price is within these POIs look for LTF buy conformation. manage with proper risk management. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice Our reliable Forex Analysis will provide you with expert advice, Knowledge of market movements & when to buy and sell the major currency pairs. If you’re looking for daily signals, we recommend that you peruse our trading view channel or telegram for a look at some of the best professional charts and updates Experience Live timely execution with experts. TalhaJin PATIENCE IS THE KEY TO SUCCESS!Longby Talhajin3
USOIL: Weak Market & Bearish Forecast Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell USOIL. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
Gold: China moves market?The price of gold made a significant move during the previous week toward the ATH, however, this level has not been reached. Instead, the highest weekly level was $2.420, while ATH stands at $2.430, reached in April this year. There are generally two reasons why this move occurred. On the one side were posted US inflation data, which were in line with market expectations, and a bit lower from posted data in March. This pushed the market optimism that the Fed might eventually make the first rate cut in September this year. Additional impact was made from China. Namely, based on the latest economic data for China, analysts are of the opinion that China's monetary authorities will make adjustments to their monetary policy in order to boost the economy, in which sense, measures in terms of banks’ reserve requirements and interest rates are currently expected in the near future period. As investors from China are among the highest gold buyers, and there is general positive sentiment when it comes to the price of gold in the future period, the market pushed the price of gold to higher grounds on Friday`s trading session. With the latest push in price, the RSI reached the level of 66. This level is quite close to the overbought market side, which leaves some space for the price of gold to move toward a higher ground in the coming period. Moving average of 50 days continued to diverge from its MA200 counterpart, and not providing any kind of indication that the convergence might start any time soon. Current charts are showing that the price of gold has still some space for a move to the upside. This would most probably mean a new ATH for the gold. Still, when the RSI reaches the overbought market side, it would mean that the price could enter into short term reversal. The first level in this sense could be the $2.300 short term support line. Still, it should be considered that the market is currently under the hype of potential Fed's rate cut, in which sense the weakening of the USDollar should also be accounted as a potential trigger for the price of gold during the week ahead. by XBTFX2
XAUUSDDaily time frame gold analysis I expect gold to experience a heavy drop after touching 2450Shortby m0neyminer3
USOIL On The Rise! BUY! My dear subscribers, My technical analysis for USOIL is below: The price is coiling around a solid key level - 82.13 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 83.93 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 1111
FCPO WEEK 21 2024 -Neutral for the start of the week.Price has been in consolidation mode for at least 2 weeks. Good trading weeks for range traders but definitely not good for trend traders. Will be looking for further price action early next week to further determine the direction. Price needs to close either above or lower of the resistance or support level. Overall view is still bearish based upon how aggressive the price push lower from the neckline. However a retracement higher towards the neckline is welcome for another meaningful move lower. It will also provide opportunity to go short with a much better pricing. So early next week is definitely a wait and see mode before deciding to take any trade. ✌🏼💰💵by edramlan2
US OILWe are starting to see the early signs of seasonal tendencies across all markets. Price took out the 76.84 low (Turtle soup) on which it is acting as a support currently. The consolidation we are currently in will most likely be broken in the next week and we will look for an entry long on the lower TF as well. Target 1 coming in at 82.05, Target 2 at 84.42 and Target 3 at 87.59 More updates to followLongby Anele_8883
Gold Continues Higher . . . Look for Small PullbackWhere are we today? We are in a rising wedge . . . and there is a risk that gold eventually breaks this primary trend levels . . . but, if past is prologue, then we should see a 15 minute retracement into our next buy at the 4 hour HWB long setup. . . around 2391-2393.6 area. by CeresTrader4
USOIL is approaching the uptrendHey Traders, in the coming week we are monitoring USOIL for a buying opportunity around 78.70 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 78.70 support and resistance area. Trade safe, Joe.Longby JoeChampion3
Week of May 19 - NDX/VIX/10y/OilNew record highs on indexes!! The DJI broker 40k, and CME_MINI:NQ1! itself broke to nATH as well. CBOT_MINI:YM1! never actually made a nATH, but cash DJ:DJI did - so I wan waiting for that to resolve itself. The good news is that CME_MINI:NQ1! has a really clean weekly chart here, so I will be focusing on that this week instead of the Dow. I think we are entering the final blow-off phase of the markets where we could see a final up leg that takes us vertical to 50k on the Dow, 7k on SPX, and 22k on NDX. That said - I still see Q4 as being super weak, but the market wants to go higher and it will get its wish with the VIX and bond market helping along - but I will cover that later. Nasdaq Last week, we made a nATH which is great. From HERE - I want to see a pullback on CME_MINI:NQ1! to around $18k. This is a weekly FVG as well as ~50% pullback from the ATH. This will also satisfy our ERL -> IRL move. Once we take that out, we can see a weekly Fib projection of 19.6k - and at that point I think they would just muscle this thing to 20k. VIX Our poor baby TVC:VIX - what have they done to you!? Friday was OPEX so I was expecting to see them pin price somewhere as they drained the VIX dry - and thats exactly what they did. VIX nLOY - and we almost swept the 2023 lows which is a 4 year low. The TRAP in all of this - is that I do NOT want to be looking for Longs with a VIX that is at multi-year lows. I want the VIX to pop to help pressure indexes for a normal pullback. The faster the pullback and the higher the VIX - the sooner we can get on with this final leg of a 40 year bull market. Bonds I have been watching the 10yr note really closely as it looks like rates are going to backtest higher before resuming lower. A slight backup in rates, along with a VIX pop, SHOULD give us the needed pressure on indexes to get a proper pullback to buy. The longer term picture is still much lower for rates from here as the economy continues to weaken. Stocks won't care WHY rates are dropping - at least not for a while. So long as we have a low-ish VIX, and bonds are bid - the indexes (especially tech) will FLY higher. Oil Oil FINALLY gave us some weekly context we can start leaning against. Oil is starting to march lower and this week was just the pullback into a weekly IRL level. From HERE, I want to see Oil continue to march lower on the weekly. This will continue to ease inflation - which will drop rates - which will bid bonds - which will allow indexes to FLY. Everything is starting to align for a final leg up in a parabolic - exactly what David Hunter has been talking about. So here is the setup I am watching for this week; I am looking for indexes to start a pullback this week led by NQ. Any pullback I expect to be fast and sharp - so that nobody can capitalize on it. Set your alerts - I am looking for ~ 18k on NQ1! I want to see the 10yr sweep the highs of last week, and then continue to march lower. This added pressure from the Bond market will weight on indexes. I want to see oil start a march lower from here. The next weekly target for me is down around 75.6 Until next week - We'll be watching.Shortby Baero-Trading3
Gold Swing Setup Trade 18/May/24XAUUSD is on its final leg of leading diagonal pattern in wave (A)(Green). Waiting for confirmation in next idea for confirmed stop lost level before shorting. by SteveTan111
SILVER DAILY OUTLOOKT&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before deciding whether to trade. Shortby NkosinathiFXT2
✅GOLD RISKY SHORT FROM ALL TIME HIGH🔥 ✅GOLD is trading in a Strong uptrend but the Price failed to reach the ATH level of 2431$ which Is also a resistance which In turn indicates that the Market is uncertain about The breakout so it is Likely that we will first See a bearish reaction on Gold from the resistance SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx114
The increase in gold prices, despite expectations for a decreaseDespite expectations for a drop in gold prices, the yellow metal will rise By examining the trend in the four-hour time frame, global gold has broken the resistance range of 2366-2350 upwards, and now this scenario is likely that gold will increase in price until the resistance range of the ceiling of the second ascending channel in the range of 2451-2473Longby arongroups6
XAGUSD 1M Oanda ShortThe nature of the precious metals market appears bearish with a sharp move into wave (3) down. Take heed from here until 2027. XAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.Shortby TheCryptoChartWhispererUpdated 112
Can't miss Gold analysis and trading strategies next week!Gold message surface analysis: On Friday (May 17), the ICE Dollar index rose 0.15% late Friday to 104.642. Gold rose 1.09 percent to $2,408.09 an ounce. On a seasonally adjusted basis, the U.S. Consumer price Index (CPI) rose 3.4% in April from 3.50% in March, in line with expectations, according to a report released by the Bureau of Labor Statistics on Wednesday. Us CPI rose 0.3% month-on-month in April, below expectations of 0.40%, and 0.40% month-on-month in March. It was the first fall in CPI growth in six months. What these inflation numbers do for the Fed is that it lays the first groundwork for them to cut interest rates later this year. The consumer price index data "could be an early sign that inflation will cool over time and the Fed will cut interest rates for the first time." Gold trend analysis: The golden day line, April 12 in the record high of 2431 fell back, and finally in the 2277 line to gain support began to strengthen, this Friday the market successfully stood on the 2400 mark, and broke the April 19 high of 2417 US dollars, the next resistance is the historical high of 2431 US dollars, the current point of view should be no pressure. Four-hour line, gold in the 2277 line to get support after the opening of the upward trend of the shock, each time after the strong pull up will be corrected and then high again, Friday's end rose to near 2422, the current Bollinger belt opening to run upward, gold prices running near the upper track, KDJ gold fork behind the upward divergence, MACD gold fork after the upward divergence operation, The volume of red energy column, the overall trend is still strong. In summary, after hitting a record high on April 12, gold continued to fall back to adjust and finally get support near 2277 to open a volatile upward trend, on Friday has stood at the 2400 mark and broke through the high of $2417 on April 19, is expected to continue to rise again to challenge a new historical high. In summary, gold next week on the short-term operation ideas suggested to callback to do more, rebound short as a supplement, above the short-term focus on 2430-2435 a line of resistance, short-term focus on 2400-2395 a line of support. Medium and long line layout plan: Gold rose close to the all-time high 2431 is not far, I think this is a very good opportunity, we can start to lay out 80-100 points of the midline plan, because the last wave touched 2431, and then back to 2277, there are nearly 154 points of space, whether this will repeat the mistake, we can wait and see, at least there is this opportunity; Midline empty unilateral, gold has now touched 2422 line, previously talked about 2400 May feel far away, now no one will not believe it, back to 2390-2400, again to the historical high 2431 or above 2460 impact, the midline has more than 50 points of space worth looking forward to; Gold has now run to this point, and indeed there are opportunities for both long and short; Next week we will start the layout, the individual is more inclined to quickly peak after a large pullback, so wait for a new record high.by Sherry-MkUpdated 3
Fractile nature of gold Monitoring Gold over a monthly timeframe We can look to the charts to form an opinion on whether gold has a fractile nature or not. The first blue parallel channel lasted 3 years and the price of gold went up around 176% going from $706 to $1911. I've noticed how gold beautifully forms an almost perfect representation of previous price action. If it does indeed play out as such ( which it already 90% is ) we could see gold @$2804. Here are indicators and data that support that, just keep in mind fundamentals and World economics do play a major role and inflation data is KEY. - I have two main channels for this fractile "cycle". Its the two blue ones. To calculate the expected move for this cycle I used the same date range and also the measured move from the channel to get the %. I did not use 176% as the expected move because my charts are not logarithmic. - The D2 peaks explained on chart - A1 bottom explained on chart This is the direction Id like to think gold will go. Remember to always prepare for all scenarios and stay safe!Longby someshrenen2