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Goldshort

GOLD SELL Hi, according to my analysis of the gold market. There is a high probability of falling. With the formation of the descending channel, gold was unable to break it higher. There is also an internal channel as shown in the analysis. There is a lot of pressure from the sellers to fall back to the 1930 levels. And the 1910 level. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
CAPITALCOM:GOLDShort
by inv_market09
4
GOLD (XAUUSD): NFP Ahead! Your Plan: 🥇 Today we are expecting US Non Farm Payroll report. Many of asked me to share the plan to trade the news release on Gold. Analyzing a daily time frame, we can spot that at the moment the market is approaching a key horizontal resistance. To buy the market with confirmation, I would suggest waiting for a bullish breakout of 1978 - 1985 area. Its violation will trigger a bullish continuation at least to 1999. Those, who want to short, patiently monitor 4H time frame. The market is currently stuck within a narrow range, perfectly respecting the above-mentioned resistance and 1969 - 1974 minor support. Your trigger to short will be a bearish breakout of the support of the range and 4H candle close below. Next goal will be 1956. Wait for a breakout, traders and be patient. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
6
Gold is under negative pressureHello traders. According to my analysis of the gold market, it is still in a negative state. down channel. With broken area in yellow as shown in the analysis. In case the price returns to test this area. And the downtrend area, we will witness a violent decline towards 1900. Good luck to everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
CAPITALCOM:GOLDShort
by inv_market09
XAUUSD Will gold continues the downtrend?The Gold has been declining the last couple of week. The market is currently very optimistic about the debt ceiling negotiation. I see the dollar getting stronger. Markets are pricing in a 37.8% chance of a 25-basis-point hike in June, according to the CME FedWatch tool. Monthly We can clearly see at the highs a triple top between the price of 2067 and 2075. The highs are very liquite. At one point the price will move to the highs to collect the liquidity. Also, price is in a top trend in this time frame. At the monthly time frame price still bullish which go against our analysis. Weekly The price created a bearish pattern. Also, there is a good point of liquidity that the price have not liquidated yet. I believe that before the price start a move to the upside the liquidity needs to be taken. Daily The price is in a clear downtrend. I would love to see a confirmation bearish pattern in this time frame before entering any position.
OANDA:XAUUSDShort
by Wiiso
2
GOLD - XAUUSDHello GOLD DIGGERS , this is what I'm seeing on gold from the D TMF. We see that price has pushed down from a major supply zone to a sub-demand level (area or value) where price can really react. I'm anticipating price to either puch back up to the main supply zone and then dig down, or price to brea out from the sub-demand level, pullback , and swim all the way to the main demand zone. What do you think? If this post was useful, please like and leave a comment below what you think. Now, let's make BANK$$$$
FOREXCOM:XAUUSDShort
by ZakProFx
Gold this week, bearish Dow setup!Additionally, concerns about a potential U.S. debt default further affected the market. The rise in interest rates negatively impacts non-yielding assets such as gold, as it increases the opportunity cost of holding them. The Fed's approach to rate hikes is based on data, and with inflation rising, they may consider further hikes. Economic risks from a possible default are also reduced, giving the central bank more leeway to increase interest rates, indicating a bleak outlook for gold in the short term. Gold is currently experiencing a minor increase in value and is expected to hover around the price range of 1955-1960 before heading back down. The projected target for this week is a decrease in value, with Gold returning to the price zones of 1935-1930 and 1925.
OANDA:XAUUSDShort
by DNA_TradingFX
10
Gold (XAUUSD): 2 Scenarios For Next Week Explained 🟡 Gold is approaching an important horizontal daily support. Depending on the reaction of the price to that structure, I see 2 potential scenarios. Bearish Scenario If the price breaks and closes below the underlined green area on a daily, it will signify a strength of the sellers and a highly probable bearish continuation. Next target will be 1900. Bullish Scenario The price may also pull back from the underlined support. To confirm that, watch a falling wedge pattern on 4H time frame. If the price breaks and closes above its upper boundary, a bullish movement will be expected to 1977. Wait for a breakout, it will help you accurately predict the direction of the market next week. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
17
Gold 15m TF I anticipate a favorable market response to occur within the price of 2031.08 to 2033.55, and there appear to be several potential opportunities to sell based on the following confluences: Moving Average, Reversal point, Decline Trend line, Incline Trend line, 0.618 bearish fib and Structure. Currently, Gold has experienced an increase of 1.6%, indicating the need for a pullback before it can make further upward movements. Gold miners have only seen a marginal increase of 0.06%. As such, I am anticipating a reversal in gold's performance within my area of interest.
TVC:GOLDShort
by ChartStrategist
Gold 4hr TF setup for CPI When considering CPI, a lower figure is preferred when buying assets such as gold, EUR, EURUSD, Cable, and indices. The weaker the CPI, the better it is for risk assets, especially those associated with hedging against the dollar. For instance, if there is a year-on-year 4.7% inflation and a month-on-month 0.2%, it would be ideal to buy indices and sell dollars because the data has outperformed. If the CPI is lower than expected, buying gold and selling dollars is a good option. Gold, GBP, EUR, and JPY are some of the assets that may be purchased in such a scenario. Indices such as S&P may move 30-40 points, while Wall Street may see a few hundred points move. Typically, any CPI figure before 4.8 or lower is considered a good data point. It is crucial to analyze the CPI figure excluding food and energy. Food and energy prices have rapidly increased in the last two years, making them an important outlier. However, we are starting to see food and energy prices normalize, and they have been coming down steadily over the last three to four months. If the CPI comes out at 5%, and food is at 5.5%, it is not a good number. The ideal situation would be to see continued decreases for six months. If there is a slowdown in one or two months, that is a problem. Currently, the Fed is still raising rates, which can aid in stabilizing prices. CPI inflation and rates are positively correlated.
TVC:GOLD
by ChartStrategist
XAUUSD - Choose SELL for todayGold price fell below the support of $1936.00 during Asian trading, after slipping beneath the $1952.00 cushion due to the US economy's approaching default. Technical indicators suggest a downside risk in the daily chart. The US Dollar found support due to positive macroeconomic data and the gloomy market mood. The currency remains strong, while the stock market ignores concerns about the US debt ceiling limit. Today, Gold is returning to retest the price zone around 1953$ before continuing its fall. The nearest target is back to 1935$ -1930$ I still choose the SELL beat for today. The previous Break Out and BUY strategy for GDP news is about to be completed.
OANDA:XAUUSDShort
by DNA_TradingFX
14
Gold's bottoming out is still volatile, and the US market is sti In terms of gold, yesterday again bottomed out to test the 1951 line, the US market counter-pumped closing T-shape, and the 1951 position, tested three times, were bounced up, located at the 60-day moving average position, forming a short-term support level. However, in terms of rhythm, the price broke the last rising point in the previous period, and the daily line was overcast, and at the same time broke the short-term moving average rhythm, at least a shock correction, and will not restore the bullish pattern. Therefore, before this point, the bulls cannot enter the safe area, which is not suitable for the planned layout of the middle line long order. In the short term, the bottoming out, the secondary support of 1951, can only indicate that this position is very supportive. But it does not mean that the fall stops, and this position has also become a watershed, in the break, the aforementioned position is coming. In today's trend, the white line in the weakness, the highest point is 1985, and the time point of the US market is the key. This trend has been emphasized to everyone before: close strongly, but do not look at Lianyang, then the European market must not break high, as long as the European market is suppressed below the previous day 1985, the US market will see a second fall. The pattern is similar to Monday's movement. That is to say, when the European market is still suppressed in the 1985-1965 range, then the US market looks at the second retracement. Of course, today if the 1985 pre-high is reversed, directly short, TP: 1960-62 Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
FOREXCOM:XAUUSDShort
by DolphinDeal