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Gold stands firm amid Middle East conflict outbreakThe world gold price increased quite strongly after Iran's airstrike on Israel, but also cooled down, then increased rapidly again. The gold price on the international market is holding high, showing its "durability" amid escalating tensions in the Middle East, after Iran massively fired hundreds of missiles at Israel. Israel's Iron Dome air defense system is said to have failed to stop many missiles. In the context of the chaotic world political situation, especially in the Middle East, calling Bitcoin (digital gold) a safe haven has caused disagreement among many precious metal supporters.
TVC:GOLD
by NicoTradingMaster
#AUDUSD 4HAUD/USD 4-Hour Chart Forecast: The AUD/USD pair is showing bullish potential on the 4-hour chart, signaling a buy opportunity. The price action appears to be testing a key resistance level, which, if broken, could lead to further upside movement. Key factors supporting the buy forecast: Resistance Breakout: The pair is challenging a significant resistance zone. A confirmed breakout above this level would likely trigger strong bullish momentum, potentially leading to new highs in the short term. Bullish Pattern Formation: The chart may be forming a bullish technical pattern, such as an ascending triangle or inverse head and shoulders, which often indicates an impending breakout. Momentum Indicators: Technical indicators like the RSI or MACD might be showing bullish divergence or a breakout above key levels, reinforcing the potential for further gains. Traders looking to take advantage of the buy opportunity should watch for a confirmed breakout above the resistance level before entering the trade. Stop-loss orders can be placed below the breakout level or recent swing lows to manage risk. Profit targets should be set at key resistance levels or prior highs. Monitoring for any failure to break resistance is essential, but overall, the technical outlook supports a buy strategy for AUD/USD on the 4-hour chart.
Short
by PIPSFIGHTER
#EURAUD 1 DAYEUR/AUD 1-Day Chart Forecast: The EUR/AUD pair on the 1-day chart is showing signs of bearish momentum, presenting a potential sell opportunity. The market appears to be in a downtrend, with price action favoring further declines in the short to medium term. Here are the key factors supporting the sell forecast: Downtrend Continuation: The pair is likely respecting a downward trendline or consistently forming lower highs and lower lows, indicating strong selling pressure. Bearish Indicators: Technical indicators such as the RSI or MACD could be signaling bearish divergence or oversold conditions, confirming the potential for continued downside movement. Key Resistance Levels: The pair may have recently bounced off a key resistance zone, providing an attractive entry point for short positions. Traders considering a sell trade should place stop-loss orders above recent swing highs to manage risk, while targeting previous support levels as potential take-profit areas. Monitoring the market for any signs of trend exhaustion or reversal is crucial, but overall, the **technical outlook favors a sell strategy for EUR/AUD on the 1-day chart.
Short
by PIPSFIGHTER
#CADJPY 1HCAD/JPY 1-Hour Chart Forecast The CAD/JPY pair is showing **bullish potential** on the 1-hour chart, suggesting an opportunity to enter a **buy trade**. The pair may have been experiencing upward momentum, with key technical indicators pointing toward continued strength. The following key elements support the buy forecast: Uptrend Formation: The pair is likely respecting an upward trendline or breaking above recent resistance, indicating strong buying pressure. Momentum Indicators: Oscillators such as the RSI or MACD may confirm bullish momentum, signaling that there is room for further upside. Support Levels: The pair could be bouncing off a key support zone, offering an attractive entry point for buyers looking to ride the trend higher. Traders looking to enter a buy trade should consider setting stop-loss orders below recent swing lows to manage risk in case of a pullback. Targeting previous highs or key resistance levels is recommended as potential take-profit areas. Keeping an eye on any shifts in sentiment or market conditions is essential, but overall, the technical picture supports a **buy forecast** for CAD/JPY in the short term.
Long
by PIPSFIGHTER
XAUUSD Analysis Trade Idea By OfficialKieranTrewickWhilst actually validating my earlier trade idea this 4hr depiction does show a clear sign that the bull trend remains intact despite the current exhaustion. Going forward i will like to see if this momentum is enough to break the market structure and fallinto the lower lateral of the trend which would be signs of a greater correction perhaps even trend shift due to the volume of current support confirmations in this general zone area. currently sitting on dynamic support, horizontal support, EMA Support, BB Support and full quarter completion marking this as a key area of interest for upcoming cycle phases of movement, with the correct inverse in volume and pivot confirmations we could see price ascend back into the upper 2600s however if the momentum is strong enough to break the current levels into 2500s-2613 then i see a likely continuation of the bears. What do you think of this idea ? Where could gold go to next?
OANDA:XAUUSDLong
by OfficialKieranTrewick
FULL AUDUSD ANALYSISHello my wonderful community ! I’m back again
I really appreciate you guys for reviewing my charts Kindly like and comment on how you feel the market will go , I’m open to learn and communicate with other hardworking traders on here. The colors for each line/zone Monthly - Yellow Weekly - Orange Daily - Green 4H - Red 1H - Purple My Monthly chart view: Ever since 2021, price has been in a downtrend by making Lower highs and Lower lows. Price breaks a major Support area and turns it to a dynamic resisitance area and respects the EMA 50.
Take note as price is in a range and respecting the newly formed monthly resistance line (0.7050) and support line (0.6300). My Weekly chart view:
Going into the weekly TimeFrame, it is truly clear that bears has been in full control of price from 2022 until 2023 displaying a down trend. 
Price is currently not making lower lows and has been ranging from the beginning of 2023 till recent 
Last week price made a new higher high. Going down further to get clarity My Daily chart view:
Price is in an uptrend after breaking the daily resistance in green (0.68700), Waiting on a retest or more volume from the bulls to see price start heading for the Monthly resistance line in yellow.
Until then I will go down to smaller timeframes to see market setups My 4H chart view:
As we move into the smaller timeframe of the 4H period, the market seems to be clearer
So I’ll go further and look for buy Setups as bulls seems to be coming in strong with rising momentum after the break of the daily resistance line in green(0.68700) To play safe for me to feel comfortable in capturing a buy setup , I’m waiting for a few confluence to put the odds in my favor , probably wait till the end of the first week of October 
 My 1H chart view:
On the hourly and anything below this timeframe , I can choose to capitalize by scalping and looking for buy entries that is validated by my own trading style 
Fibonacci tool will be good once I can see a formation of the last trend line, I’m patiently waiting for the market to reveal itself.
I will be back to review this trade and see how things go 


Avoid entry of any trade during any major news that will affect price and this is not financial advise

 -> NEWSCHOOLTRADER
Long
by newschooltrader
#XAUUSD 1HXAUUSD 1-Hour Chart Analysis Pattern Identified: Bearish Market Bias with Focus on Selling at Pullbacks Forecast: Sell Outlook for Next Week: Good Luck On the 1-hour chart of XAUUSD (Gold/US Dollar), the market is exhibiting a bearish bias, with sellers maintaining control over price direction. Given this downward pressure, the strategy revolves around selling at pullbacks. Pullbacks represent short-term upward retracements that offer opportunities to enter short positions before the price resumes its decline in line with the prevailing bearish trend. Key resistance levels, previous support zones that have turned into resistance, or Fibonacci retracement levels will serve as optimal points to watch for potential pullback reversals. These pullbacks provide traders with better entry prices for their short positions, maximizing the potential for profit while minimizing risk. Actionable Insight: Traders should patiently wait for price pullbacks towards resistance areas or key retracement levels. Once price action shows signs of weakening bullish momentum, these points can serve as entry zones for selling. Stop-loss orders should be placed above resistance levels or the highs of the retracement to protect against potential reversals. Look for confirmation patterns such as bearish candlesticks or momentum indicators to validate entry decisions. Good Luck for the Next Week: Stick to the plan, and may your trades align with the bearish trend for a profitable outcome!
OANDA:XAUUSDShort
by PIPSFIGHTER
#USDCHF 1HUSDCHF 1-Hour Chart Analysis Pattern Identified: Bearish Market Bias with Focus on Selling at Pullbacks Forecast: Sell Outlook for Next Week:Good Luck On the 1-hour chart of USDCHF (US Dollar/Swiss Franc), the market bias remains bearish, indicating downward pressure on the pair. In this context, the focus will be on identifying short opportunities during pullbacks. Pullbacks are temporary moves against the prevailing downtrend, offering traders favorable entry points to initiate sell positions before the trend resumes. Identifying key resistance levels during these pullbacks, such as previous support turned resistance or Fibonacci retracement levels, will provide strategic points for short entries. These pullbacks often present opportunities to sell at better prices within the overall bearish momentum. Actionable Insight: Traders should wait for price pullbacks to resistance zones and look for signs of weakening bullish momentum to enter sell positions. It's important to manage risk by placing stop-loss orders above resistance or retracement highs to safeguard against potential reversals. Watch for confirmation signals like candlestick patterns or technical indicators to solidify the bearish continuation before committing to a trade. Good Luck for the Next Week: Stay sharp, and may your trades follow the trend profitably!
Short
by PIPSFIGHTER
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