XauUsd, Tuesday 17 September 2024XauUsd made a correction to the new demand area at 2565-2551. this confirms the formation of the 5th wave of price growth. ideal positions to open trades at 2565 and 2551 with take profit targets at 2599 and 2620.Longby AREA1680
Short Term Bearish Setup for GoldThis is a short-term bearish setup for gold. Now that a small downtrend has been established in the lower time frames, we are aiming for the price to retest the high of the value area of the recent uptrend.Shortby OchlokratUpdated 0
Gold Historically Outperforms S&P/Dow JonesI’m no expert on the matter, but I find it odd that ever since the U.S government removed itself from the Breton Wood System (August 15, 1971), Gold has nearly outperformed the indexes. Banks, Advisors, and the finance world in general have convinced the general public to never bet against the U.S dollar. “On average, the S&P returns 8-10%, it’s safe.” Etc. But what about the asset that, when left alone and not pegged to any federal reserve or monetary system, has flourished? How long will we put our trust in Fiat currency? I’m curious to know your thoughts. It’s just been on my mind here recently.by Omegadear270
Precision analysis of crude oilInvestors are pricing in a possible rate cut, with federal funds futures pointing to a 67% chance of a half-point cut. A dovish Fed decision could lower borrowing costs, stimulate economic growth, and support oil demand. However, deeper production cuts could also signal underlying economic weakness, which could weigh on crude prices in the longer term. Despite these bullish supply-side factors, concerns about weakening demand for crude have capped any big gains. Weaker economic data continued to weigh on global oil demand forecasts and limit price recovery, although supply-side disruptions provided some support. The latest trend of crude oil -- Crude oil saw another dip today, after hitting $69.5, the oil price saw a long continuation, the highest hit $70.9 hovering. Crude oil from the daily chart level, the mid-term trend is still below the range along the support, a downward rhythm. Moving average system short arrangement, medium term objective trend down. The downward trend line is still suppressed, and the strength of the current recovery and rebound is limited. Focus on whether the 71.4 area will stand firm. Crude oil four hours on the level, oil prices bottomed out, oil prices repeatedly through the moving average system, short-term objective trend shock finishing operation. Oil prices are supported again around 69.5, which will be seen as an important long platform support in the afternoon. Based on the above analysis, Zhang Yifu believes that: crude oil bottom again, bulls are expected to continue, today's operation to consider the withdrawal layout more than single first, supplemented by high, above the focus on 71.5-72.5 dollars resistance, below the focus on 69.5-69.0 dollars support. Today's crude oil firm at 70.2-69.8 more than once, profit in the 70.9 area.Longby Mary5541
XAUUSDPrice is little jumpy and unsure of the direction.. It is looking like it's headed lower, but I am taking long here at 2574, with a very tight SL..Longby BlueSecUpdated 0
9.17 Technical Analysis of Gold Short-term OperationsGold prices did not fluctuate much during the day. It retreated to the lowest level of 2574.50 in the Asian session, and then turned positive and moved upward. However, the space has not been opened yet, and it is in the rhythm of range fluctuations. For the extremely strong trend in the past few days, the recent two days have been mainly corrections. At the same time, even if it retreats, it is difficult to have a continuous decline, so the European session continues to see a rebound. Recently, the market has paid close attention to the Fed's interest rate decision on Wednesday, and there are different views on how much to reduce. Before the announcement, the market trend is more cautious, which means that it is difficult to have a large operating space. Today's analysis 1. At present, in the process of consolidation at a high level, the ups and downs are high, and the space is difficult to open 2. After all, the overall trend is bullish, and there is still a demand for rebound after the correction 3. After the Asian market went sideways, it stepped back to the previous starting point of 2574.50, and then there was no strong pullback in the European session. Two consecutive positives tested the high point of the morning pullback near 2586.30 and did not continue to rise. Then the hourly line turned negative and continued to pull back. For a strong pattern, there is some lack of momentum, and the shock component has increased. Continue to follow the trend with long positions. In the previous trading day, we relied on 2578 to look up to 2590. In the morning, we continued to look up around 2576/1, and looked up to 2587, but failed to reach 2600. The dream of 2600 has not yet been realized! From the market point of view, the low point of the afternoon retracement is around 2574.50. The European session can continue to retrace, and even cross or break through, but it cannot deviate too much from the intraday low, otherwise it will limit the momentum of the evening pull-up. The position of the golden section line 236 is near 2571, which is also the support position of the lower trend line, so pay attention to the opportunity to continue to rebound below 2571 in the evening, and the upper resistance is near 2590.Longby David_strategy1
gold posible to go down..gold has made a sideways move after making a new ATH.. it is likely to take orders in the 2530 area (demand area) then gold can make an increase.. so you can focus on selling this month.. and focus on this week's Federal Funds Rate data, it is possible that it can spike above if the U.S. makes a rate-cutShortby pi3zal1
Auto Trendline by DojiEmojiGoing to KIV this. Will see in timeframe M1. Tradingview not allowed to post TF below 15min.Longby putraworks1
XAUUSD - sell levelNext sell level is at 2587 area. There is FOMC tomorrow, price is little jumpy and erratic.. I would be extra careful!!Shortby BlueSec1
NIFTYNIFTY levels are based on imbalances 1. gapup 25500 long 2. 25480-25380 trade breakout 3. gapdown 25380 shortby subhankarsahoo0
XAUUSDTrade Opportunity: XAU/USD – Sell Entry Overview: We are initiating a sell entry on XAU/USD (Gold vs. US Dollar), based on our latest market analysis and trading signals. This opportunity is poised for traders looking to capitalize on potential downward movements in the gold market. Market Analysis: Recent technical indicators and price action suggest a bearish trend in XAU/USD. Key resistance levels are holding, and momentum indicators are showing signs of weakening. Fundamental Factors: Economic data, interest rate decisions, or geopolitical developments are supporting a stronger USD relative to gold. Technical Signals: Price is approaching resistance levels with a potential for reversal. Previous support levels have been broken, signaling a possible continuation of the downtrend.Shortby gangstatime1
XAUUSD - Longs only for nowThere are couple of long levels I will be watching closely!! 2570 & 2559.. Currently, 2578 level is holding.. There is also a possibility that it may not break below 2578, and goes higher from here!! Gold is due for a little pullback, but not until this weeks FOMC. I will try to look for selling opportunity only after the FOMC meeting..Longby BlueSecUpdated 1
GOLD before newsAs yesterday's analysis, the multi-frame Overbought signal has temporarily kept Gold from breaking the high of $2590 and correcting to the $2572 area (Weekly Plan Resistance and Support) Today, Retail Sales are about to be announced and are expected to cause short-term volatility in the market, as all the focus is on the FOMC statement at 1am this coming Thursday. Still note that: A 0.5% decrease would be a strong signal for the dollar to fall and gold to rise, but a 0.25% decrease would be somewhat disappointing news for investors, which could be quite unpredictable (if the market reacts negatively, it will be short-term). as the general trend of the market is set by the actual interest rate cutting cycle). Resistance: 2578- 2590 - 2600 - 2605 - 2615 - 2626 - 2645 Support: 2572 - 2565 - 2552 - 2545 - 2539 - 2525 - 2516 SELL gold now 2577 SL 2582 Watch BUY 2564 - 2562. Stoploss 2558 Watch BUY 2545 - 2547. Stoploss 2541by SHL_Trader136
Gold Next MoveGold Sell limit 2587 SL-2592.6 Take Profit-2577 Take Profit-2568 Take Profit-2562 If 2562 successful cross! Then you can hold the cell. And if it crosses 2592 then you can buy with retest, thanks.Shortby Goldsignaldaily2
CRUDEOIL MCX - OCTOBER SERIES INVERTED HEAD AND SHOULDERCrudeoil is making inverted head and shoulder on 1 hour time frame Weekly time frame is downtrend Crudeoil trading at weekly strong demand zone Target we may see 6072 and above that 6279 This chart is only for educational purpose. Do your own analysis before taking any tradesLong05:54by be_you_akshay1
Buy opportunityGold (XAU/USD) currently presents a lucrative Buy opportunity at $2575.00 with compelling potential for profit targeting. Targets: Primary Target: $2590.00 Secondary Target: $2600.00 Breakout Scenario: Should Gold surpass the $2568.00 threshold, indicating a Bearish breakout, the target price is forecasted to reach $2550.00. Technical analysis suggests a strong Buying sentiment at the current price level. Market dynamics indicate downward pressure, aligning with the proposed Buy strategy.Longby GODOCM3
Silver 1D Short Trade : Retracement After Bullish MomentumAfter observing strong bullish momentum in silver over the past few days, the recent price action suggests the potential for a retracement. This setup is based on the daily chart, indicating that silver might be approaching a temporary peak. The anticipated move is towards the 29.800-29.600 area. The trade is not intended to be short-term but rather based on a daily timeframe, which could span several days or even weeks. The key signal for this trade will be if today’s daily candle closes bearish, confirming the weakening bullish momentum and setting up a favorable short trade. Trade Setup: • Entry: Anticipated upon confirmation of a bearish daily close. • Target: A retracement towards the 29.800-29.600 area. • Stop-Loss: A tight stop-loss has been placed to manage risk. This will be adjusted as the trade progresses based on daily price action. Risk Management: Since this is a trade based on the daily timeframe, it’s important to manage the position with the understanding that the trade may take time to develop. The stop-loss is placed tightly to protect against any sudden reversals, but as the trade progresses, it will be adjusted accordingly. This strategy allows for dynamic risk management, where profits can be secured incrementally if the market moves in our favor. This trade idea is built on the expectation of a cooling down period after recent bullish activity. The key will be the daily close, and traders should be prepared to adjust positions based on evolving market conditions. Stay patient, manage your risk carefully, and let’s see how this trade unfolds. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.Shortby AR33_1
9.17 Technical Analysis of Gold Short-term OperationsIn the four-hour chart, the price recovered the upper line and ran below the upper line. The short-term support is at the acceleration line 2573. If it breaks down here, it also indicates that the lower line of the hourly chart will break. Once it breaks, it will resonate downward, at least testing the support of the 2562-50 line. Secondly, from the four-hour moving average chart, the 5-10-day dead cross is downward, and the auxiliary indicator MACD is dead cross at a high level. The hourly chart counterattacks the upper line and turns short for the second time, which is the best time to short, and it is also a reasonable position to reduce positions. Once it breaks down, the overnight closing price of 2579-80 is basically rebounded, which is to add shorts. So as long as you hold 2590 to see that the adjustment remains unchanged, wait for 2600 or above after the breakthrough to make arrangements. Strategy: 2585-88 area short, loss 92, look at 73-68-62-50. Break down 73 and rebound 80 and short loss 85Shortby David_strategy111
ES Overnight Price Action REview 9-17-24Going over the price action ES overnight looking for clues as to what the market is telling us. always know where you'll get out if you're wrong. 04:30by BobbyS8130
Gold analysis for bullish and bearish scenariosGold analysis for bullish and bearish scenarios as we await Retail Sales and the 'goldarn hour' in the NY session, 10am ! 05:25by Ross-J-Burland0
Day Trading Sold Nifty around 25410-Sl hit 17th Sep ’24Below mentioned points are discussed in my post analysis video(Fast forward to 1:08 for Hindi Audio) -Traded Both morning & Second half -No Volumes in the morning before 10 -Sold Nifty around 25410-Sl hit01:21by eliftrades1
XAUUSD The fateful rangeAfter 6 months of increases, the price of gold is now at this point of its chart in a range that can be considered both a decrease and an increase, but since gold is a safe asset for investors and it has witnessed a decline these days. Important indicators of stocks or crypto, I consider the upward pathLongby sashacharkhchianUpdated 6
ANTICIPATING TRADEAnalyzed XPTUSD by applying following trading strategy steps:- 1. Bearish trend 2. Bearish divergence 3. Double top bearish reversal pattern found in the end of bullish trend and before start of bearish trend 4. Anticipates a bearish trend, and initiated two trades with 1 % risk thru sell stopShortby akyzai711