XAUUSD Longs after Election ShortsTake a look at the chart, it will provide all info necessary, all my previous trades are based on the techincal zones and I am trading that. No economy or political influence, purely technical biasby ProfXAU1
XAU USD after trump electionIts going to the top of the channel now that trump is elected and the fed should be cutting rates tommorowLongby MoistafaXUpdated 5
XAU/USD (Gold) Post Election Moves ExplainedUSD favour gave way to precious metal falls, mainly from Gold. Gold has been routinely resilient and is rebounding from early support. Would not be shocked if we re-rise back to keep resistance as labelled. New shorts may be ideal there/at highs. No real heavy shorts. Kill Longs at the same area.by WillSebastianUpdated 6
XAUUSD: Buy@2660-2652 TP 2686-2702The result of the election, with Trump becoming the President of the United States, led to a significant drop in gold prices. The original target range for this week was between 2786-2752, but due to the news impact, the target was reached earlier than expected, so the upcoming trading plan needs to be adjusted. Today's trading was quite volatile. The long positions entered early were closed near 2728, resulting in some losses. However, these losses were effectively compensated during the subsequent rebound. At the same time, short positions brought in substantial profits . Currently, gold prices have dropped to around 2760.. It's important to note that gold's price corrections often come with strong rebound signals. If you're currently holding long positions and temporarily trapped, it's advisable to remain patient, as a rebound is expected soon. My personal target for this rebound is around 2700. The potential for this rebound is worth watching closely.Longby Mia-SignalUpdated 12
GOLD Analysis Post-Election: Bearish Continuation with Key LevelTechnical Analysis As we mentioned yesterday, GOLD was expected to be bearish due to the high likelihood of Trump’s success in the election. Now that Trump has won, GOLD has dropped by about $49 as anticipated, reaching 2712 and 2700. Currently, we remain in a bearish trend, with the price still aiming for 2712 and potentially 2695 and 2677. A retest of up to 2739 is possible. As long as the price trades below 2731, further declines toward 2712 and 2695 are expected. Bearish Scenario: The price may retest 2731 before resuming its downward trend toward 2706, 2695, and 2677. Stability below 2706 reinforces the bearish outlook. Bullish Scenario: A 4-hour candle close above 2739 would indicate a potential bullish shift, with subsequent targets at 2749 and 2758. Key Levels: Pivot Point: 2731 Resistance Levels: 2739, 2749, 2758 Support Levels: 2706, 2695, 2677 Trend Outlook: Under 2739: Downtrend previous idea Shortby SroshMayiUpdated 10
MCL Long 11/5/2024MCL is in an uptrend. Placed a long position in confluence HV DZ (the upper zone). Waited for price to break previous high. Risk=$220. Target= 1:1 and 3:1.Longby SethuratnaAnbuvinothUpdated 2
Daily XU & GU Nov 2024Hello Traders! Markets were hot last night and the Asian Model played out for several pairs.Short11:18by ForensicForex2
Gold - 15 min - ( Buy Scalping Target Range 300 PIP ) 💎 Gold Time Frame : 15min Chart ------ 🔻 Type :intraday 🚨Bearish After Break Out key level + High Volume / 2672 Area ——————————— ☑️Great opportunity now Please check the drawing carefully and all the reasons for entry and exit are shown in the analysis If the analysis does not agree with you, please do not take it This is a personal vision that reflects my practical way good luck for everybody And we strive to provide the best opportunities and develop your money Please apply good capital managementLongby GoldenEngine61
GOLD forming strong downtrend, dropping towards the 2700-2665.XAUUSD Price Forecast 🔻 Gold has broken down from its uptrend with a strong bearish candle. Currently retracing to the broken trendline resistance, it’s primed for a potential drop toward target levels. Trade Setup: -Entry: 2740 -Stop Loss: 2750 -Target Levels: 2720, 2702, 2684, 2664 📉 Like, comment & follow for more updates!Shortby AlphaForex56Updated 3
XAUUSDGold could resume its downtrend before rising again at the end of the afternoon, still on a downtrend I see.Shortby MCY-TRADER-BTC_GOLD4
Will crude oil fall further?Oil prices fell and then rose before closing slightly lower on Friday as the new US presidential election briefly rattled markets. The president's New Deal still needs time to land, and the current pattern of crude oil is still not contradictory. The latest data for the US and Middle East show an overall destocking, with about 300,000 b/d of crude production shut down before Hurricane Rafael makes landfall. U.S. oil and gas production will be greatly improved after the election of Donald Trump, and the new president is likely to tighten sanctions on Venezuela and Iran, which will reduce global supply. From the perspective of a trade war, demand for goods could fall around the world. The current crude oil supply and demand pattern is still volatile on oil prices. Crude oil today appeared a high break trend, the highest point in the $72.2 area encountered resistance to fall, then the lowest point hit 70.9 area hovering. Daily chart level, the medium-term trend of oil price oil price up and down through the average system, the trend is volatile rhythm, range between 72.80-65.50. Oil prices are at the lower end of the range. Last week, the overall trend was weak, and finally tested the lower edge of the range. The medium-term trend is expected to fluctuate in a wide range for a period of time. Crude oil four hours on the level, the trend of oil prices fluctuated repeatedly upward rhythm, oil prices hit around 73, fell again. Short - term objective trend shock rhythm. It is expected that the short - term trend of crude oil will still maintain the probability of repeated upward. Based on the above analysis, I believe that: in the broad shock of crude oil, the upper resistance is more obvious, and the probability of pressure is greater in the future market. In terms of operation, the rebound is the first, and the low is the auxiliary. The above attention is paid to the resistance of 72.0-72.8 dollars, and the below attention is 69.6-69.0 dollars support.Longby fm4tfm4tUpdated 1
XAUUSD: Holding Short Positions Over the WeekendAfter rising to around 2704, gold prices have retraced, and the resistance remains strong, causing the price to fluctuate near the support level. Market sentiment remains cautious, making it difficult to form a clear trend in the short term. If you prefer not to hold positions over the weekend, it's recommended to close your positions before the market closes. If you choose to hold positions over the weekend, I would personally suggest considering holding short positions before the market closes. Given the current market weakness, gold prices may face further downward pressure. For those with less favorable account conditions, it's advisable to set stop-loss orders (SL) to effectively manage risk. Unpredictable news or events over the weekend can cause unexpected volatility, and having a stop-loss in place will help prevent significant losses from sudden market movements.Shortby Mia-Signal1
XAUUSDGold at the end of the week should set us up for a bullish comeback next week. It is possible that the price will correct below 2660 and then start to rise again, but the pattern leads us to say that it is starting to rise again.Longby MCY-TRADER-BTC_GOLD1
XAUUSD-bias short Bearish indications: LLLH Trend line resistance respected. Moving average is respected in day time. Moving average respected in 4 hr time frame. Resistance respected at 2701 Currenlty at lower high to go further low. Formed head and shoulder pattern from resistance. Fib level 0.618 respected at 2708 Support broken at 2685. Moving average respected Trade plan bias short @ 2685 SL:2701 TP1:2671 TP2:2659 Shortby gouthamkulal10
Longterm Yen Bottom - Defensive PlayI think this is a major turning spot for equities/crypto/gold and people should pile into YEN. I think YCL (2x yen) or whatever other instrument you want to use bullish Yen is at an amazing longterm play here. Longby ghengiskahnspermshot0
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts following on from the election move that gave the drop into the lower Goldturns and our weighted levels all giving bounces inline with our plans to buy dips. The swing range is providing the swing although the full swing range level has not been tested. We also have the swing completing the retracement range and leaving a candle body close gap above 2696 opening 2724, which will be further confirmed by ema5 lock. Our current range is now between 2640 and 2724 to play within, until we see a ema5 lock breakout to confirm the next range. We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX by Goldviewfx8848
Silver price down 1.75% (intentional I think) to take longs out. A lot of people were long on gold and silver on thursday and I think that it was planned to keep the price selley today to take out stops. Anyway, XAGUSD is down 1.75% and about 31.38 now. I think the price will move swiftly back up if buyers are there. Join the friday afternoon free silver train long and get paid to do nothing.Longby Easy_Explosive_TradingUpdated 0
Gold's Game: Bouncing Back from Key LevelsLet’s talk about Gold for a sec. I mentioned before that this level would be attractive for Gold because there’s liquidity and a local minimum that traders all over the world are eyeing and will be trading around. And that’s pretty much what happened. But then Gold dipped lower and 'knocked' on another level of accumulated liquidity—what some folks call the 'triangle,' or whatever works for you. It knocked and then bounced back up, leaving those bears who got stuck in short positions in a bit of a tough spot. So, bottom line, the sentiment is bullish for now, but it’s more like a 'borderline' bullish vibe, to be honest..by ClashChartsTeam0
The #1 Reason Why Buying Gold Is Hard Right NowBuying gold is a bit of a challenge for me because I am so used to buying bitcoin But what i have noticed is that When bitcoin goes up gold goes down and vice versa.. so my idea of buying gold Is to buy it at the same time as bitcoin but account for the drawdown of about 5% its not pretty but it will work in the long run Again am not a fun of trading gold COMEX:GC1! With margin but its a good one to consider right now that the market is quiet from good entries and we are standing on the sidelines during this crazy market mania. Even though am thinking You can still buy Bitcoin but look at the stochastic RSI below the chart you can see the moving averages crossing. The only challenge with trading Gold and silver is the volatility is crazy so if you dont mind the ride Then you can take it just remember to use the stochastic rsi as your guide to know whether the price is cheap or not. Personally, i have re-entered the Bitcoin CME:BTC1! price action, It may crash next week But at least your Bitcoin Buy should sustain you with some profit. So for this one Buy Gold, silver and Bitcoin according to this chart Buy Gold using the daily stochastic rsi chart after the Bitcoin buy signal Also, this price action follows the rocket booster strategy To learn more about this strategy check out the references below Remember to rocket boost this content to learn more Disclaimer: Trading is risky please learn risk management and profit-taking strategies. Because you will Lose money whether you like it or not.Longby lubosi1
USOIL USOIL: IMO here is the point which the next upward impulse will comes . I want to buy CL with 1% risk . Notice: Use buy stop order to find best price and lowest risk Longby Dellaseno0
Bearish continuation setups taken on Silver and WTI today explaiIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades: * Silver Breakdown Retracement Continuation Short, R4,5 * WTI Breakdown Continuation Short, R3 I'll also provide a detailed explanation of the BD Continuation setup, helping you understand how to apply this strategy in your own trading. Breakdown Continuation is one of my personal A+ playbook setups. Don't miss out on these valuable insights and tips!Education04:29by TC8881
XAUUSDXAUUSD is reacting to some important resistance levels where a consolidation, breach and break out was observed. I see that it potentially will moved further down and a TP of 1:1.5 is pretty possible.Shortby Trade_ologist1
The market is showing signs of a rejection What im seeing is the market pushing to create zones so that sellers can join I will be looking to see what happens at the fvgby mohhamza0