ES OverNight Price Action REview FOMC 9-Going over the price action Overnight prior to FOMC looking for clues as to what the market is telling us. risk down and only A+ Setups today. 01:38by BobbyS8130
XAUUSD: Institutional Price ActionIt has failed to create a new higher high and also break the support and has created new lower low. i think we can get sell opportunity from marking zone. its not financial advice just education purposes. by FXNEWSCLUB0
GOLD — Wave 4 CorrectionGold is entering a danger zone now, the fifth subwave of the third wave that started one year ago is about to end soon. Also approaching a macro trend line resistance. Here's a macro view so that it's clear where do all the lines come from: Shortby function_mechanic0
FOMC DAY XAUUSD ANALYSIS 18-9-24🚨 XAUUSD (Spot Gold) 🔖 18-9-2024 🚨 Sell at : $2599-$2619-$2638-$2650 Buy at :$2525-$2480-$2460-$2440 CMP - $2576.84 (as of writing) 📈 ⚠️Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses. 🚨📝Data scheduled to be published at 18:00 -00:00 hrs🔖📊 18:00 - USD-Building Permits (Aug) 18:00 - USD-Housing Starts (Aug) 18:00 - USD-Housing Starts (MoM) (Aug) 20:00 - USD-Atlanta Fed GDPNow (Q3) 23:30 - USD-Interest Rate Projection - 1st Yr (Q3) -4.1% 23:30 - USD-Interest Rate Projection - 2nd Yr (Q3) -3.1% 23:30 - USD-Interest Rate Projection - 3rd Yr (Q1) -2.9% 23:30 - USD-Interest Rate Projection - Current (Q3) -5.1% 23:30 - USD-Interest Rate Projection - Longer (Q3) -2.8% 23:30 -USD-FOMC Economic Projections 23:30 - USD-FOMC Statement 23:30 - USD-Fed Interest Rate Decision- 5.25% - 5.50% 00:00- USD-FOMC Press Conference 🔴Technical Status: XAUUSD: 📌 D1 SMA100-P (2403.64) Buy🔺 D1 SMA200-P (2267.13) Buy🔺 H4 SMA100-P (2520.63) Buy🔺 H4 SMA200-P (2476.96) Buy🔺 H1 SMA100-P (2560.28) Buy🔺 H1 SMA200-P (2539.19) Buy🔺 Summary: Strong Buy Moving Averages: Strong Buy RSI(14): Status: Buy STOCHRSI(14): Status: Oversold Stoch(9.6):Status: Neutral MACD(12,26):Status: Buy ROC: Status: Status: Sell William%R: Status: Buy High/Low: Status: Neutral ATR(14): Status: Buy SOC: Status: Sell Bear/Bull Power: Status: Buy by sagaahhelite0
That's a wrap!! Gold analysis pre Fed, (take 2) This is a video to replace the prior video where the chart was blocked by a paper trading sign! Same levels, bias and plans for the Fed are in this video! Please enjoy ;) Gold is a mixed bias, under pressure while below lasty week's highs, but it will be make or break time, perhaps, with the Fed today. Let's see! Here are my levels for bulls and bears!07:21by Ross-J-Burland0
Swing trade on silverHello, Silver been bouncing up and down for a month now, let's determine those zone, and the most probabilistic scenario supported by fundamentals. We are stuck in this range between 28 and 32, and no sign of it being over, this is a swing trade idea, take a small positions and forget it, only check if previous high is broken and minimize your risk but as long as new low are created, you can keep it, i've already entered a short position. Fundamentals: market is pricing at 40% a 50bps rate cut, i truly believe the rate cut will only be 25bps, which is supported by my technical analysis, this is a swing trade, entered short at 30.92, first tp is at 29.5 and second tp is at 28.7by marouuuuuun1
Usoil sell analysis Usoil sell side momentum changed to buy rally base rally mode 1:2 RR Follow MM , RM Longby DNA_traderofficials0
Gold Price Analysis Ahead of FOMC September 18Fundamental Analysis On the day of the Fed's announcement, markets continued to price in a 65% chance of a 50 basis point (bps) rate cut, CME Group's FedWatch Tool showed, reviving selling interest around the US dollar (USD), as US Treasury yields also turned defensive amid cautious markets. As such. Gold prices are attempting to reclaim all-time highs just shy of $2,600, as attention turns to the Fed's decision, Chairman Jerome Powell's press conference and the Dot Plot, all of which will help gauge the US central bank's future policy actions. If the Fed delivers a 25 basis point rate cut later this Wednesday, it could send the US dollar soaring. However, the immediate reaction to the Fed's announcements could be overshadowed by the implications of the Fed's projections and Powell's words. Therefore, gold prices are still subject to strong fluctuations in the Fed event. Conversely, if the Fed acknowledges the potential risks to inflation and maintains a cautious tone, this could bring the hawks back into the game, negatively affecting the non-interest-bearing gold price. Technical analysis Gold is breaking the downside price band and approaching the resistance level around 2575. If it fails to break this zone before the US session, we can SELL and hold to 255x and 2545 when the FOMC announces to BUY back up and hold to 262x. In case of breaking the 2575 zone, we will not SELL and wait for the candle to close above 258x and BUY when the 2575 zone is retested. Hold until the FOMC does not break the new ATH, then we exit the order. Breakout upper limit: 2582 - 2591 - 2603 Upper resistance: 2581 - 2590 - 2600 - 2605 - 2615 - 2626 - 2645 Breakout lower limit: 2570 - 2563 - 2550 - 2538 Support: 2572 - 2564 - 2552 - 2545 - 2539 - 2525 - 2516 Pay attention to the trend zone around 2580 above. Sell the price zone 2603-2605. Stoploss 2609 Watch for BUY 2564 - 2562. Stoploss 2558 Watch for BUY 2545 - 2547. Stoploss 2541by TVS-Trader1
This 1:5 RR Trading Setup was formed on the 1-hour candle 17-09 This 1:5 RR Trading Setup was formed on the 1-hour candle yesterday. I asked in a poll if people were able to catch this trade on the 1-hour candle or not. About 80% of the people understood the setup and got the trade. However, for those who still didn't understand, I have explained step by step how to confirm resistance and how to take the trade. For those who need real-time chart updates or want to learn from the basics, join the WhatsApp group. The link is in the bio.Educationby rg7398470
Day Trading Bought Nifty Near 25420-18th Sep ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 1:26 for Hindi Audio) -Traded Both morning & Second Half -No Volumes in the morning before 10 -Bought Nifty Near 25420Long02:37by eliftrades1
Gold trading signals September 18Gold price (XAU/USD) struggles to gain any meaningful traction on Wednesday and consolidates in a range, around the $2,570 area heading into the European session. Traders now seem reluctant and opt to wait for the outcome of the highly-anticipated two-day Federal Open Market Committee (FOMC) meeting before positioning for the next leg of a directional move. Heading into the key central bank event risk, rising bets for a more aggressive policy easing by the Federal Reserve (Fed) keep a lid on the US Dollar (USD) recovery from its lowest level since July 2023 touched on Tuesday. This, in turn, is seen acting as a tailwind for the non-yielding yellow metal. Apart from this, the risk of a further escalation of geopolitical tensions in the Middle East, along with the US political uncertainty ahead of the November presidential election, might continue to lend support to the Gold price. Investors this week will further take cues from the Bank of England (BoE) decision on Thursday and the Bank of Japan (BoJ) policy update on Friday. This makes it prudent to wait for strong follow-through selling before confirming that the XAU/USD has topped out in the near term and positioning for an extension of the overnight pullback from the vicinity of the all-time peak, around the $2,589-2,590 area touched on the first day of the current week. Breakout upper: 2582 - 2591 - 2603 Upper resistance: 2581 - 2590 - 2600 - 2605 - 2615 - 2626 - 2645 Breakout lower: 2570 - 2563 - 2550 - 2538 Support: 2572 - 2564 - 2552 - 2545 - 2539 - 2525 - 2516 Pay attention to the trend zone around 2580 above. SELL 2603-2605. Stoploss 2609 BUY 2564 - 2562. Stoploss 2558 BUY 2545 - 2547. Stoploss 2541by SHL_Trader123
Xauusd FOMC Target Gold now buy confirm signal FOMC Target today Gold now buy 2570 Support 2601 Resistance 2560Shortby JohnHarry_70
XAUUSD plan updateMarket Structure & Setup: Trend: The chart shows a pullback after a recent bullish run. You're planning to buy into this pullback at a lower level, aiming to capitalize on a continued upward move. Key Levels: Entry Zone (around 2,555–2,558 USD): You plan to enter a buy position near this area, expecting it to act as strong support after the pullback. Stop-Loss (2,548 USD): The stop-loss is set just below key support to protect against further downside risk in case the market breaks below this level. Take-Profit (near 2,590 USD): The take-profit level is set just below the previous resistance, aiming to capture the continuation of the bullish momentum. Indicators: Moving Averages: The short-term moving average (blue) shows recent price momentum is still strong, and the price remains above it after a temporary pullback. The longer-term moving average (orange) continues to trend upward, confirming the broader uptrend. RSI: The Relative Strength Index (RSI) is at 55.44, indicating the market is not yet overbought and has room to move upwards, giving you confidence in the potential rally after your entry. Trade Plan: Buy Position: You are looking to enter a long position around 2,555–2,558 USD, after the price pulls back to this support level. Stop-Loss: Set at 2,548 USD to manage risk, in case the market breaks below the support zone. Take-Profit: Aiming to exit around 2,590 USD, capturing the next upward move if the market resumes its bullish trend. Conclusion: This is a buy setup during a bullish pullback: You’re looking to enter the market on a dip to 2,555–2,558 USD with a stop-loss at 2,548 USD to protect your downside. The take-profit is set near 2,590 USD, targeting a continuation of the uptrend as the market recovers. You’ll be watching for price action around the 2,555 USD level for a strong bounce, aiming for a profitable upward move.Longby Ryantungle0
SPX Data Market Analysis| ICT | Sep 18Pre Market Analysis for Sep 18'th using Statistics and Data to drive a 70%+ historical accuracy with all analysis methods. Inner Circle Concepts Trader using Stats to analyze the stock market. Topics: - Yesterday's Results - Today's Projections05:33by DIY_Trades0
EUR FUTURES Short Eur is sitting at weekly and daily Supply zones commercials are selling and retailers are buying at extreme which favors bearish Idea seasonality is bearish for near future Good R:R ratio till next demand area Price is Overvalued against USD Long term and above the mean short term also price have rollover gap that has been created which could also be filled to the downside trade safe Shortby Alhalawi0
Brent oil trend moving down or up?Amid supply concerns in the markets, oil prices, which had dropped to the $69.30 level, saw a notable rebound. The American Petroleum Institute reported a 1.9 million barrel increase in weekly crude oil inventories, while a slight decrease is expected in the official crude oil inventories to be announced in the U.S. today. In the U.S., strong expectations remain that the Fed will cut interest rates by 25 basis points today. Therefore, despite the positive risk appetite, Brent oil prices have continued to trade with a bearish trend below the $73.00 level. Technically, if the 72.35 support level is broken, further declines toward 71.50 and 69.30 are possible. On the upside, if the 73.0 resistance is surpassed, buying momentum could accelerate toward the 74.30 and 75.50 resistance levels. by primequotes1
Today is the BIG DAY !!! We GO DownAs we are waitting for the FED . I prefer to short XAU with 100 Pips SL and X2 TL Good LUck WE GO Shortby WEGOtraders0
GOLD, XAUUSDTHIS ANALYSIS FOR "XAUUSD , GOLD" ON MULTIPLE TIME FRAME. Wait price come into sell zone then we can try to find opportunity to entry SELL. Set you SL with in 25 - 35 Pips with your own risk! Goodluck !!! If you want more update on Gold, Xauusd. Kindly follow and like. Feel free to comment my outlook and share with your friends. Thanks!by ShahrulMokhtar_SAMUpdated 0
XAUUSD BEARConfirmed If market drops below 2500 we are heading down to 2400Shortby elitetechfx-dailyUpdated 0
Gold h4 tf analysisAfter a large triangle price is printing an impulsive advance. I am looking at 2550 that is in the 38-50% range retracement against the local wave 3 to locate the next long entry before the Grand Short )) Longby Alpha_Mind1
XAU/USD: Preparing for a Buy on 15-Minute Chart Overview: After observing a consolidation period on the 15-minute chart, XAU/USD is showing promising signs of a bullish breakout. The chart attached highlights a critical break of structure (BOS) along with a forecasted path that suggests a possible uptrend continuation. The recent price action has breached previous short-term lows, indicating a potential shift in market sentiment from bearish to bullish. This break of structure could be an early signal of smart money positioning before a significant upward movement. A marked red arrow points to a key structural break, suggesting a potential entry point for a long position. The idea is to initiate a buy once we see a clear break above this resistance, confirmed by increased volume and bullish candle closure. The purple line indicates a potential upward trajectory for the price following the breakout. The forecast is based on historical price patterns and expected market psychology post-breakout. Entry: Buy after a confirmed breakout above the current OB with a solid bullish candlestick. Stop Loss: Just below the most recent low prior to the breakout to mini exposure. Take Profit: Initial target set at the recent high, with a possibility to extend gains if the upward momentum continues. This setup provides a compelling opportunity for traders looking to capitalise on a breakout strategy in gold. As always, ensure to manage risk appropriately and adjust your trading plan based on real-time market conditions. by Saurabh_R_Bhosale0
Gold Intraday Analysis: Potential Decline (READ DESCRIPTION)Gold Intraday Analysis: Potential Decline to 2554.00 - 2561.00 Pivot Point: 2582.00 Primary Strategy (Our Preference): Consider short positions below the pivot point of 2582.00, with targets set at 2561.00 and extending to 2554.00. Alternative Scenario: If the price rises above 2582.00, anticipate further upside with potential targets at 2590.00 and 2600.00. Technical Outlook: As long as the resistance level at 2582.00 holds, the likelihood of a decline below 2561.00 remains significant.Shortby CharivapaAlgo2
XAUUSD 1HXauusd TF1H still strong up trend Zone betwen 2576.54 and 2560.78 in case of price cross down 2560.78 not finish base adjustment 2579.57 there is prosibility prices down to at supoort 2555.2, 2536.4 and 2529.7 in case of prices break up 2576.54 finish base adjustment there is prosibility prices up to test resistaces 2583.2 2587.231 then if break up 2590.1 next targets 2611 by Batiden0