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Forex-gold

XAUUSDXAUUSD after the price can break through the level of 2531 and make a new high at the level of 2566 in the price range of 2566-2570 if the price cannot break through the level of 2570, it is expected that in the short term there is a chance that the price will go down. Consider selling the red zone. 🔺Stop loss: 2576 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
FX:XAUUSDShort
by Serana2324
GOLDFrom our previous analysis on Friday, we saw that the price had adjusted down to test the support zone at $2,485 as expected, but the price failed to break through $2,485, resulting in a rebound. And this time, if the price fails to break through $2,510, we expect that there is a chance that the price will continue to fall. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
EIGHTCAP:XAUUSDShort
by Serana2324
3
HelenP. I Gold will break support level and continue to fallHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some days ago declined to support 2, which coincided with the support zone and at once made impulse up to support 1. After this, the price turned around and in a short time declined to support zone, where it some time traded and then tried to grow, but failed and dropped lower than support 2, breaking it. Gold reached the trend line, after which started to move up and quickly rose to 2477 points, thereby breaking support 2 one more time, but soon fell back to the trend line. Next, the price turned around and started to grow to support 1, which coincided with resistance zone and when it reached this level it broke it and even rose a little higher than the resistance zone. Soon, XAU made the correction, after which continued to trades near the resistance zone and recently fell to this area, where at the moment continues to trades near support 1. In my mind, XAUUSD will make a small movement up and then break the support level. After this, the price can continue to decline, therefore I set my goal at 2450 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
3
The Parallels of Trading and GolfAs both a Professional trader, but amateur golfer. recently tried to explain to someone the similarities, especially in the emotional side of golf and trading. I thought it might make an interesting article. Golf, much like trading, is a sophisticated blend of skill, strategy, and psychology. While trading involves navigating financial markets, golf requires skilful manoeuvring across challenging terrains. Both activities demand a strategic mindset, the ability to adapt, and the resilience to handle emotional highs and lows. The Right Club for the shot In golf, a player selects from a variety of clubs, each designed for a specific type of shot and distance. In trading, an investor uses different strategies tailored to particular instruments and timeframes. Just as a golfer wouldn’t use a driver for a close-range putt, a trader shouldn’t apply a long-term investment strategy on a 1-minute timeframe. The key is understanding which tools to utilise for the setup, whether it’s choosing a wedge to escape a bunker or a driver to blast the ball down the fairway. Different Scenarios Golf courses are full of diverse challenges, from long par 5s to intricate par 3s as well as those horrible 4s too long to drive, yet technical. A golfer must adapt their approach to the difficulty of each hole, just as a trader must respond to different market conditions. A poor shot on a par 5 might still recover with subsequent careful play, similar to how traders can bounce back from a loss with well-planned actions in subsequent trades. Success in both fields relies on adapting to circumstances while focusing on the overall objective. Remember there are 18 pins on a golf course, one bad shot doesn’t cripple the account (I mean, doesn’t end the game). Managing Emotions Golf is notorious for inducing a wide range of emotions, from the frustration of a missed putt to the euphoria of a perfect drive. Trading elicits similar emotional responses; the thrill of a profitable trade contrasts sharply with the despair of a loss. You ever notice that you take profits early and let losses run too long? Yup; not wanting the ball in the woods is the same, yet we still reach for the driver. Both golfers and traders must manage their emotions effectively to maintain focus and make rational decisions. Emotional discipline is vital; letting emotions dictate actions often leads to mistakes, whether it's over-swinging in frustration or impulsively buying or selling a stock. Risk management in either scenario. Learning and Improving Professional golfers continuously work to refine their swings and improve their game. Similarly, traders must commit to ongoing education and self-improvement. Doctors or lawyers don’t become professionals after watching one or two videos online. Neither does a trader. Analysing past performances, whether it’s reviewing a golf game or assessing trading results, is crucial for identifying areas of improvement and fine-tuning strategies moving forward. But only you can do this “honestly” claiming a birdie when it should be marked as a bogey is only cheating yourself. To Master the Art The pursuit of mastery in both golf and trading is a lifetime journey. Neither field offers shortcuts to success; both require dedication, practice, and resilience. However, the sense of accomplishment and reward from mastering a challenging golf course or successfully navigating complex markets can be immensely satisfying and still that one bad shot is soul-destroying. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSD
by Mayfair_Ventures
6
HelenP. I Gold will turn around from resistance level and dropHi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the support level, which coincided with the support zone, and even later fell to this area, but soon backed up. Next, XAU made an upward impulse to the resistance level, which coincided with the resistance zone and even entered to it, after which turned around and made a strong impulse down to the trend line. Also, the price started to trades inside the wedge, where it rebounded from the trend line, which is the support line of the wedge also, and rose higher than the 2385 level, after which made the correction. Then price some time traded near this level and later continued to move up, and soon reached the 2465 resistance level. Gold entered to resistance zone, some time traded inside, and recently fell below, after which started to grow. So, for this case, I expect that XAUUSD will rise a little higher than the resistance level and then drop to the trend line. That's why I set my goal at 2435 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
HelenP. I Gold will reach trend line and then start to declineHi folks today I'm prepared for you Gold analytics. A not long time ago price almost reached a resistance level, after which it turned around and dropped lower than the 2380 support level, which coincided with the support zone. After this movement, Gold turned around and soon rose higher than the 2380 level, breaking it one more time. Next, the price some time traded near this level and later made a strong impulse up, thereby breaking the 2435 level, which coincided with the resistance zone. After this movement, Gold some time traded near, and next it rebounded up to the trend line, after which started to decline. Gold quickly fell lower than the 2435 level, breaking one more time it, and dropped to the support zone. Then price bounced up from this area and some time later it rebounded up from the support level and rose to the trend line, which at the moment continues to trades near. For this case, I expect that XAUUSD will rebound from the trend line and start to decline to almost a support level. That's why I set my goal at 2390 points, which is located near the support level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
6
HelenP. I Gold will correct to trend line and then rebound upHi folks today I'm prepared for you Gold analytics. Some days ago price rose until to the support level, which coincided with the support zone and even broke this level, but soon turned around and dropped to the trend line. Next, Gold rebounded from the trend line and quickly rose back to the 2355 level, broke it, and started to trades inside consolidation. In the range, the price some time traded near the 2355 level and then made a strong impulse up to the resistance level, which coincided with the resistance zone and even entered to this zone. Inside the resistance area, Gold reached the top part of the consolidation and even made a fake breakout, after which dropped to the trend line, which coincided with the support level, thereby breaking the 2455 resistance level. After this movement, XAU repeated this movement to the resistance area again, after which fell back to the trend line. Recently it turned around and started to grow, so, I expect that XAUUSD will correct almost to the trend line and then continue to grow to the 2455 resistance level. For this reason, resistance level it's my goal. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
2
HelenP. I Gold can drop of trend line lower than support levelHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some days ago price started to grow inside the upward channel, between the trend line and when it almost reached the resistance line, the price dropped to the support line, breaking the trend line. Then XAU made a fake breakout of the support line of the channel and then in a short time rose higher than support 2, breaking this level and then continued to grow. Price reached the trend line and some time traded near, and later it made impulse up to support 1, breaking the trend line. Also then, the price broke support 1 and even exited from the channel, but soon turned around and made a correction movement below support 1 and the trend line, breaking them. After this, the price tried to grow back, but when reached the trend line, it dropped more. A few moments ago Gold turned around and quickly rose to the trend line again, breaking support 1, and now trades near this level. For this reason, I expect that XAUUSD will reach the trend line again and then drop to $2390 points, breaking the support level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
3
Caterpillar 344 After earnings ? Caterpillar Inc. (NYSE: CAT) has once again demonstrated its robust market presence, with its stock price soaring past $344 following the release of its latest earnings report. The industrial giant reported impressive financial results for Q1 2024, with total revenue reaching $15.8 billion and a basic earnings per share (EPS) of $5.601. This performance not only exceeded analysts’ expectations but also highlighted Caterpillar’s resilience and strategic growth in a challenging economic environment. The company’s strong earnings were driven by increased demand across its construction, resource, and energy & transportation segments. Caterpillar’s ability to navigate supply chain disruptions and leverage its global footprint has been pivotal in achieving these results. The market responded positively, pushing the stock to new heights and reinforcing investor confidence in the company’s long-term prospects. As Caterpillar continues to innovate and expand its product offerings, the future looks promising for this industry leader. Investors and market watchers will be keenly observing how Caterpillar capitalizes on its current momentum to drive further growth and shareholder value.
NYSE:CATLong
by NYRUNSGLOBAL
HelenP. I Gold will rebound down from resistance zone to $2410Hi folks today I'm prepared for you Gold analytics. A few moments ago, the price rebounded from the trend line and started to grow to the support level, which coincided with the support zone. When the price reached this level, it soon broke it and in a short time rose until to the resistance level, and even rose a little higher resistance zone. But soon Gold turned around and dropped to the trend line, breaking the 2455 level and then the trend line too. After this, the price some time rising between the trend line and then fell to the 2370 support level, and even fell lower to the support zone, but quickly turned around and made a strong impulse up to the trend line. Then Gold broke this line and reached a resistance level, but a not long time ago turned around and declined below, breaking the trend line. Just now, the price trades near the resistance level again and I expect that Gold will enter to resistance zone and then drop, breaking the trend line one more time. For this reason, I set my goal at 2410 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
HelenP. I Gold will continue to move up to $2430 levelHi folks today I'm prepared for you Gold analytics. Some days ago price reached the support level, which coincided with the support zone and even rose a little higher, but soon turned around and dropped to 2295 points, breaking the 2355 level again. Then price turned around and started to trades inside consolidation, where it reached the support level and made a fake breakout from it, after which dropped to the trend line, which coincided with the bottom part of the range. After this movement, Gold started to grow and quickly rose to the 2355 support level and broke it, thereby exiting from consolidation also. Next, the price made a retest and then rebounded up from this level to the 2430 resistance level. When Gold reached this level, it broke it and rose until to 2483 points, after which made impulse down, lower than the resistance level with the trend line, breaking them. After this, the price tried to grow, but it only reached the 2430 level and at once rebounded down to the support level. JNow price rising, for this case, I expect that XAUUSD will make a small movement down and then continue to grow to the resistance level. That's why my goal is 2430 level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
3