Get started

Futures market

XAUUSD: 8/11 Today’s Market Strategy and SignalsGold technical analysis Daily resistance 2761, support below 2600 Four-hour resistance 2720, support below 2678 Gold operation suggestions: After a sharp drop of nearly $100 on Wednesday, gold rose by nearly $70 yesterday. From the 4-hour chart, it stabilized and rebounded from the 2643 line, and 2700 was lost and regained. Today's opening is near the Bollinger middle rail. The hourly chart rebounded too fast yesterday. Today's support below is 2678, and the upper resistance is around 2718-20. The overall intraday support relies on this range to maintain high selling and low buying. BUY:2778near SL:2774 SELL:2720near SL:2725 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLD
by ActuaryJ
2
11/7/2024Today I took a couple of trades (not my original plan) I noticed that the trend was bullish so I made a plan, I got on the charts early about 8:30/9:00 o'clock and marked my zones. I attempted to follow my plan and stick to it because I need control and I do not want to pull pointless multiple triggers a day. The plan was to go long, but I don't think that today was a good idea for that type of strategy.. At first I did manage to make $536 however because of the activity in the market and because there's choppiness it caused me to double guess and have multiple entries and exits. I did try to walk away a few times but I started losing money and I lost 90% of my earnings and I only was able to walk away with about a $100 when I accounted for my losses.
CME_MINI:MESZ2024Long
by laurabalanta1
1
XAU! 11/7! retest 2680 area to get liquidityXAU / USD trend forecast November 7, 2024! SCALPING Gold prices (XAU/USD) decline for the second straight session on Thursday, weighed down by a stronger US Dollar following former President Donald Trump's election win. The precious metal faces selling pressure as safe-haven demand wanes, with market optimism rising on the back of “Trump trades.” With the presidential outcome now clear, the markets are less concerned about a contested result, contributing to the bearish sentiment around gold. Gold prices mostly sideways before the FOMC meeting tonight: 2650 - 2670 /// BUY XAU : zone 2661-2658 scalping SL: 2655 TP: 40 - 80 - 150 pips (2673) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
6
Natural Gas: Follow The Price BreakoutNatural Gas: Follow The Price Breakout In recent days, natural gas (NG) has continued to develop a contracting triangle, which, according to our chart, typically suggests an upward price movement. However, given the unclear fundamental perspective, we need to consider both trading scenarios. Technical Analysis: If the price breaks through 2.8920, a bullish movement will be confirmed, and the price may rise further to 3.00. If the price breaks below 2.8000, a possible bearish wave may begin, with NG potentially moving down to 2.6300, as shown on the chart. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
CAPITALCOM:NATURALGAS
by KlejdiCuni
3
The Trump effect is over - Gold is back on the upsideGold (XAU/USD) came under heavy selling pressure ahead of yesterday's market action, falling to near 2,650, a recent low. The dollar rallied strongly after Republican candidate Donald Trump won the US presidential election to become the 47th president, triggering a sell-off in gold. Concerns about deficit spending and expectations that the Federal Reserve will be less aggressive in cutting interest rates have also pushed up US Treasury yields and shifted investor interest away from non-yielding gold. In addition, the risk appetite shown by the strong rebound in US stock futures suggests that gold will also continue to fall. However, with the change of the Federal Reserve's interest rate cut expectation in November, the gold price will still have a certain rebound. From the current point of view, before gold did not fall below 2650 points, gold this wave of Trump effect decline has ended. Therefore, in the post-market operation, I recommend that you keep an eye on the situation here, if it can stabilize above 2,650 again. Then, it is possible to rely on 2650 positions or more than 2650 to enter the long. Keep looking above 2700.
OANDA:XAUUSDLong
by fm4tfm4t
Brothers, my wavy man is here again. Was yesterday’s fuck perfecGold 1-hour level wave count: Accurate analysis yesterday showed that the purple fourth wave correction ended. Every time I grab the bottom or the top, no one dares to say that to me. Accurately grasp the bottom and escape from the top. Gold went up in five waves yesterday, and the expectations were perfect. Yellow 1 wave is completed. The second yellow wave is currently correcting. Pay attention to going long at Fibonacci 0.382-0.5-0.618, and the third yellow wave will start to rise soon, heading towards 2761-2790.
OANDA:XAUUSDLong
by qwekjc
1
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, A volatile day in the markets today from the US election and once again we were able to use our levels to navigate the markets even on a volatile day like this. We did not chase momentum but instead we stuck with our plans to buy dips from our weighted levels for a 30 to 40 clean catch from 2700 level. We are now seeing a further breakdown into the retracement range. EMA5 is lagging due to market momentum. However, although we are seeing price in the retracement range and ema5 lagging behind we will need to see ema5 lock below 2672 to open the swing range. Failure to cross and lock below 2672 will see price push up to test the Goldturns above. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2754 EMA5 CROSS AND LOCK ABOVE 2754 WILL OPEN THE FOLLOWING BULLISH TARGET 2784 BEARISH TARGETS 2724 - DONE EMA5 CROSS AND LOCK BELOW 2724 WILL OPEN THE FOLLOWING BEARISH TARGET 2696 - DONE EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE RETRACEMENT RANGE 2672 - DONE EMA5 CROSS AND LOCK BELOW 2672 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2640 - 2611 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
23
Gold's decline isn't overGold technical analysis: at present see this round of gold decline has not ended. It's just down nearly $150 from its all-time high this morning. Short - term need time to change the short - term rebound correction. The completion of the correction will start the decline again. Yesterday, international gold prices fell from 2,749 to near 2,650, a one-day drop of $100, perfectly replicating the market of the last election in 2020. If this pattern holds, there is theoretically at least $100 left to fall after the next two days of the rally. Then it will be more dangerous to rush to the bottom. From the post-close structure, the daily level adjustment continued, and triggered the weekly formation of the evening star figure. Once the weekly adjustment also unfolds, the downside space and time will be extended. As far as 1 to 2 months is OK, as far as 3 to 4 weeks at least, in space, the rising band since 2286 should be around 2600 if the 38.2% Fibonacci retracement is taken. Let's focus on the 2620/2600 region. If 2600 breaks again in the later period, it will continue to fall to the next target 2530 line. But whether 2600 breaks the 2620/2600 area or not is bound to have a big repeat. So now I think the big concern for everyone is where is this rebound going to go. I personally would prefer a rally to around 2680 at the moment. As for whether it will break 2680 also need to see according to the market in the past two days. Even to the 2680 line, of course. Expect a big probability next week. At present, in the 4-hour level trend of price decline on the more technical form also follow the faster, the current K line continues to pressure short cycle average to maintain weak operation. Hour level after the opening fell below the early row support band, short-term trend to pay attention to whether there is a rebound after the second decline trend. Early gold 2662 line layout empty order, as scheduled to fall 2643 line harvest a wave, now 1 hour figure 2667 line resistance, here is just the downward trend line pressure. Here CAN'T PASS, SHORT - term STILL MAY be repeated!! In general, today's gold short-term operation ideas suggested to rebound short, supplemented by correction to do more, the above short-term focus on 2668-2670 first-line resistance, below the short-term focus on 2600-2605 first-line support, 11.7 Gold Operation strategy reference: Empty single strategy: Strategy 1: gold morning 2667-2670 near the batches of two ten-point positions, stop loss 6 points, the target 2640-2620 near, break to see 2605 line; Multi-single strategy: Strategy 2: gold callback around 2600-2605 in batches to do more than two-tenths of a position, stop loss 6 points, the target around 2615-2625, break to see 2640 line
OANDA:XAUUSD
by TheBraveGirl
XAUUSD: Key Resistance 2712-2720Following the rate decision, gold saw a slight pullback as expected, then rebounded near support. Those following the long strategy have locked in profits. Looking ahead, the focus now shifts from support to resistance, specifically in the 2712-2720 range. If gold reaches or approaches this resistance zone, it may offer an opportunity for short trades. However, caution is advised; avoid excessive risk, and stay alert to signals of a potential trend shift in the broader timeframe.
OANDA:XAUUSDShort
by Mia-Signal
1
Market Analysis: Gold Price Takes HitMarket Analysis: Gold Price Takes Hit Gold price is declining below the $2,700 support zone. Important Takeaways for Gold Price Analysis Today - Gold price failed to clear the $2,800 resistance and corrected lower against the US Dollar. - There is a key bearish trend line forming with resistance at $2,725 on the hourly chart of gold at FXOpen. Gold Price Technical Analysis On the hourly chart of Gold at FXOpen, the price was able to climb above the $2,750 resistance. The price even broke the $2,765 level before the bears appeared. The price traded toward $2,785 before there was a fresh decline. There was a move below the $2,760 pivot zone. The price settled below the 50-hour simple moving average and RSI dipped below 30. Finally, it tested the $2,645 zone. The price is now consolidating losses near the $2,660 level. Immediate resistance on the upside is near the $2,668 level or the 23.6% Fib retracement level of the downward move from the $2,749 swing high to the $2,643 low. The next major resistance is near the 50-hour simple moving average and the 61.8% Fib retracement level of the downward move from the $2,749 swing high to the $2,643 low at $2,708. There is also a key bearish trend line forming with resistance at $2,725. An upside break above the $2,725 resistance could send Gold price toward $2,760. Any more gains may perhaps set the pace for an increase toward the $2,780 level. If there is no recovery wave, the price could continue to move down. Initial support on the downside is near the $2,645 level. The first major support is $2,635. If there is a downside break below the $2,635 support, the price might decline further. In the stated case, the price might drop toward the $2,620 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
2
Calling All Pro Traders!This is the action you’ve been waiting for as it dances around critical levels! XAUUSD Outlook:Currently in a tight range between 2692 and 2700 – a major battle unfolding here! Will it break out soon? Keep those eyes peeled! Downside Alert:If XAUUSD slips below this key range, it could trigger a swift move lower! Targets on the radar: 2680 and 2667. Be ready to act! Upside Potential: On the flip side, if we see a breakout above this zone, it could set the stage for an explosive rally! Next targets in sight: 2704 and 2708. Is the bulls' momentum building? Let’s Chat! What’s your take? Will we see a breakout or a reversal? Drop your thoughts below! Together, we’re navigating one of the most exciting moments in the market! Stay sharp, stay strategic – let’s go for the win!
TVC:GOLD
by luxgoldtrader
1
Gold sideway below 2700 - in DOWN trendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Traders took profits on recent Trump trades, leading to a pullback in the US Dollar from a four-month high and giving a boost to Gold prices on Thursday. The USD continued to ease after the Federal Reserve cut its benchmark interest rate by 25 basis points, bringing it to a target range of 4.50%-4.75%. ⭐️Personal comments NOVA: sideway in a bearish correction - waiting for the 2700 resistance zone to scalp SELL ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2700 - $2702 SL $2705 TP1: $2694 TP2: $2688 TP3: $2680 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
2