XAUUSDHI .MY ANALYSIS IS SELL ;) Thank you. Like & Subscribe. Thank you. Like & Subscribe.Shortby alihakamitoosi0
Three scenarios for the gold market in the coming weeks .Last week's price formed a cup . Last week price closed next to the ATH. Three scenarios for the next weeks and for the coming weeks: 1. Break of the top -->> 2500 2. Triple test the top without a break 2430 ---> High probability to form an handle ( or bullish flag° with target > 2600 . 3. Can't reach the top and break 2320 --> start C wave to 2260-2180Longby Neutrinogold1
XAUUSD Continuous UP TrendWe have important buying zones for gold: 1: From 2392 to 2380 with targets at 2444 and 2490 2: From 2367 to 2358 with targets at 2392 and 2422 3: From 2342 to 2332 with targets at 2372 and 2401 The closest scenario for me: Closing a four-hour candle below 2392 opens the door for decline to 2370, and stability below it with a four-hour candle opens the way to 2343.by Hejaaa3
USOILUsoil is currently at a 50/50 level where we both have the bullish and bearish scenario in play for now we wait for confirmation by Showboi-fx2
XAUUSD Short BiasHello traders! An interesting idea here. I am looking to short gold mainly because historically May is a bearish month for gold. One thing we can also expect is a potential shooting star first to take out the liquidity above and short term sell orders.. I will be taking this trade from a confirmation entry. However, the setup shown presents a very nice R:R - considering gold is at high curve on HTF... Let's see! Trade safe! Hope you have a great week ahead! :)Shortby NeddFx132
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 NkosinathiFXT1
Movement for 21/5/2024Gold break downtrend channel for h4 analysis.Posibble for uptrend channel. On other side, chart forming double top position. Longby thefintechtrader0
✅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 ProSignalsFx112
Professional analysis and strategy, please read carefullyYesterday's market fell to $77.75 in Asia-Europe trading began to rise to yesterday's highest point of $79.30, the lowest point to the highest fluctuation range is $1.55, and Wednesday's new low and yesterday's rise, that is, $76.36 May be the end of 3 waves, but also the end of 3-5 waves. Is it that today's market can rise to break $79.47, broke can basically determine that $76.36 is the end of 3 waves, and this wave is 4 waves, from the daily shape of today there is room to rise, so our operation today is in the Eurasian plate waiting for the market to fall back to do more, and then to the above pressure level short, as follows. Crude oil opened today at $78.82. Crude oil recommendations: 1, below $78.35 long, stop loss 30 points, stop profit of $79.50. 2, short above $79.80, stop loss 35 points, stop profit of $77.50. 3, if the strategy 2 short is stopped, go short again at $80.60, stop a loss of 30 points, and stop a profit of $78.50by Sherry-MkUpdated 1
Follow me and we'll get rich together!XAUUSD - 24h expiry Price action continues to trade around the all-time highs. Buying continued from the 61.8% pullback level of 2372.7. Previous resistance at 2370 now becomes support. The primary trend remains bullish. Preferred trade is to buy on dips. 20 4hour EMA is at 2366.4. We look to Buy at 2370.2 (stop at 2356.2) Our profit targets will be 2405.2 and 2411.2 Resistance: 2397.5 / 2417.9 / 2431.6 Support: 2380.0 / 2370.0 / 2355.0by Sherry-MkUpdated 3
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 1
Gold is in an interesting price patternGold is on the rise and for those of you who plan to own or already own gold, I don't see you doing badly. And if you think it falls at that point, think again.Longby MoralDiscipleUpdated 11117
Predicted Reversal at -5 Deviation!Time & Price 👁 NY PM Session offered beautiful reversal at -5 deviation which beautifuly overlapped with Discount of Dealing Range and H1 BISI (Buyside Imbalance Sellside Inefficiency) Also notice how bodies stayed ABOVE -4 Deviation! It's not random.by Keclikk1
3 Best Fibonacci Tools For Forex Trading Hey traders, In this article, we will discuss 3 classic Fibonacci tools you must know for trading different financial markets. 1️⃣ Fibonacci Retracement Fib.Retracement is my favorite fib.tool. It is aimed to identify strong horizontal support and resistance levels within the impulse leg . We draw this tool based on the high and low of the impulse (from wick to wick) and it shows us POTENTIALLY strong structure levels determined by Fibonacci numbers . Common Fib.Retracement levels are: 0.382, 0.5, 0.618, 0.786 . Once one of the levels is reached, wait for a confirmation before you open a trading positions. Above is the example of an application of a fibonacci retracement tool based on a bearish impulse leg on EURUSD. 2️⃣ Fibonacci Extension Fib.Extension indicates strong horizontal support and resistance levels beyond the impulse . Similar to Fib.Retracement tool, Fib.Extension is drawn relying on impulse's high and low (from wick to wick) and it shows POTENTIALLY strong structure levels where the consequent impulses may complete based on Fibonacci number. Common Fib.Extension levels are: 1.272, 1.414, 1.618 . Once one of the levels is reached, wait for a confirmation before you open a trading positions. Above is the example of fibonacci extension tool based on USDJPY based on a bullish impulse leg. 3️⃣ Fibonacci Channel Fib.Channel shows strong vertical supports and resistances (trend lines) within the channel . The tool is drawn based on the trend line of a valid parallel channel (based on wicks) and it shows POTENTIALLY strong trend lines from where the market may retrace . The trend lines within Fib.Channel rest on 0.382, 0.5, 0.618, 0.786 Fib.Levels . Once one of the levels is reached, wait for a confirmation before you open a trading positions. Above is the example of a fibonacci channel on USDCHF. Remember that Fibonacci's are simply tools in a toolbox. In order to use them properly, you need to build a trading system around them, test it and confirm its efficiency. Educationby VasilyTrader111
1/3 Average Weekly Range YMM20241/3 Average Weekly Range in New York AM Session sending us higher towards ATH, AWR acted like a true Support. 🔥by Keclikk1
$gold- end of the rainbow is nearready for $2600 as we flip our ath should get a retest but since am bearish on the dixie recon we keep going from here and the fun has not even started for peter schiff flip side dixie may deviate above range for now so pullbacks are for buying Longby CompoundingGainUpdated 1
Daytrading does not workquote larry williams: "daytrading is just price price momentum." there is not a strategy that works all the time, especially the fancy looking ones like ICT buying in a "value area" are very frustrating to trade. WHY not simply buy and sell levels that every algorithm sees and trades? prior day true range (from open to close) has usually a good 50% level where you can buy on the following day with target prior days high. or short if prior day was a down day It really does not matter if price touches the prior days 50% levels 4,5,6 times just get in with a fixed stop and target your 3-4 times reward vs risk exit zone. Just get in realy with 15 min bar confirming the reversal at the desired level. Works also on nasdaq (also use the half of the day before yesterdays range as level)by responsibletrad8r1
Gold breaks 2400 today Gold broke through multiple levels yesterday and Wednesday, 2360-2365, 2380-2385, and is currently hovering at the 2400 resistance. From the current point of view, the upward trend of gold should not be over yet, so here we still have to be wary of the possibility that gold will continue to rise. Judging from the current 4-hour chart: At present, gold's first support position is near 2380. 2380 is actually near yesterday's suppression point. After breaking through 2380, this position will obviously become a support position. Therefore, we still cannot go short rashly here. If it pulls back to around 2380 and stabilizes again, there is a high probability that it will rise again, and there is a high probability of directly breaking through 2400. Therefore, for the next operation, I suggest that you pay attention to the support position near 2380. If it can pull back to this price, you can enter the market to buy and look towards the high point near 2400.Longby money-making-machine-Updated 5
Gold will continue to break through all-time highs Hello everyone. We can see that 2335 was a suppression point for gold in the early stage. After breaking through 2335 last week, it changed from suppression to support. This week I tested the support here at 2335 many times, but failed to fall. From the wave shape analysis, we can also see that gold is currently out of the fifth wave of gains. The top of the previous wave was at 2335, and the callback trend of the fourth wave was from 2378 to 2335. If the fourth wave does not break the top of one wave, then it proves that there will be a fifth wave of rise later. I have also drawn it in the picture. Once it is said that it will stand firm at 2360-65, then it will directly test the 618 position and the previous high of 2400. Once it effectively stands firm at 2380, the market outlook will go directly to the 100% position near 2400. At the same time, I have been buying gold today when gold fell back and broke through resistance 2355-2360.Longby RID_WKUpdated 1111
BUY GOLDGold is currently in an uptrend channel on the daily, weekly, and monthly timeframes. The next target is the upper channel around 2500-2550, with a possibility of breaking the all-time high by next week. Longby WaelHaz1
Price could drop for goldHi traders, Last week XAUUSD went up again. I think this could be the end of the X-leg. So for next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: wait for a change in ordferflow to bearish to trade sells. At the moment it's still very bullish. If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading111
How GOLD going to 2525$ ?Hello everyone Gold for this week still, the direction of gold is upward. There is only one zone which has a potential to bring gold back a little bit down which starts at 2424$ - 2436$ this zone can bring all down to 2387$, the zones of buying gold start at 2387$-2381$ and 2370$- 2366$ these two zones have a potential to rise gold to 2474$ I’m the second target maybe to 2525$ . this is only my analyses please do not risk with it.Longby MajdAbdolMajeed3