xauusd otw 2720xauusd sell limit 2749 with target 2720, many other supporting factors besides technical fibonacci are in golden ratio .Shortby priceactionindonesia7
XAUUSD: Can Gold Return to 2780?On Friday, gold prices experienced a slight decline, mainly under the pressure of a stronger dollar and rising U.S. Treasury yields. However, weaker-than-expected U.S. job growth fueled market speculation for a Fed rate cut, cushioning gold’s decline. In October, due to hurricane disruptions and an aerospace industry strike, U.S. nonfarm payrolls saw a modest gain of just 12,000 jobs, marking the smallest increase since December 2020. Although the dollar initially retreated, it closed up 0.4%, and the benchmark 10-year Treasury yield rebounded from early losses, diminishing the appeal of non-yielding gold. Gold prices returned to the support zone, aligning with prior predictions. Current chart patterns suggest a potential “W” bottom, signaling bullish prospects, with short-term indicators pointing to a likely upward move. However, a mid-term bottom pattern has yet to form, and bulls should watch for resistance around 2750 in Monday’s trading, as a retest of support remains possible. With the U.S. election approaching and reports of a potential retaliatory move by Iran against Israel, multiple uncertainties hover over the market. Coupled with a lackluster jobs report, many analysts now see a near 100% probability of a 25-basis-point Fed rate cut next week. While rate cut expectations might bolster gold bulls, this scenario could already be priced in, meaning gold prices may potentially drop in response to the rate decision. Ahead of this, the U.S. election on Tuesday and initial jobless claims on Thursday will be key factors influencing gold. In summary, a turbulent week lies ahead for gold, with investors encouraged to remain vigilant and approach trades with caution.Longby Mia-SignalUpdated 7
XAUUSD is forming a phase of correctionDisappointing NFP data was offset by hot wage inflation data. The U.S. labor market report failed to deter dollar buyers as it had limited impact on market pricing in Fed meeting expectations. Which had a negative impact on the price of gold... All eyes are now on the US presidential election on November 5, and the outcome of the Fed meeting on Thursday. Markets believe that Trump's policy will put upward pressure on inflation, bond yields and the dollar, while if Harris wins, the dovish policy will continue. Technically, traders are taking a wait-and-see approach. The price is forming a range, and most likely gold will trade inside this channel in the near term Resistance levels: 2745, 0.5 and 0.7 Fibo, 2758 Support levels: 2731, 2724, 2713by SwiftSignalFX111
USOIL otw 2746m15 pinbar was unable to penetrate the mid-bollingerbands area, the trend continues until the nearest pullback area.Longby priceactionindonesia1
Daily FVG Daily FVG looks to be some resistance will be looking for a short in the smaller time frame in the daily FVG if it gets there Shortby Jimmyoo1
GOLD SHORT TO $2,540 (1H UPDATE)If you still haven't got into Gold sells yet, you haven't missed out! Still expecting price to drop 2,000+ PIPS in the mid term, which YOU ALL can capitalise on. has been absolutely dropping since yesterday, which works in our favour! If you haven't seen my last video update on Gold, go back & watch it just so you know how the ATH of $2,790 could be manipulated.Shortby BA_Investments5
The price of gold currently fluctuates mainly in a rangeThe overall operating rhythm of gold is range-bound. It fell for two consecutive trading days last week. Although there was a retracement today, it continued to support the low of 2732. The bottom of gold continues to rely on the position near 2730, which has been supported many times in the early stage. The resistance above focuses on the 2745, 2755 and 2760 first-line suppression. If it encounters resistance, it will lighten up its positions and continue to see range fluctuations. Longby Donald-trading-starUpdated 6
GOLD SHORT OVERVIEW (4H UPDATE)Overall bearish on Gold in the long term. We have so far seen an impulse move down (Wave 1), now waiting for a corrective move (3 sub-waves) towards Wave 2.Shortby BA_Investments3
BANKNIFTYBANKNIFTY levels are based on imbalances 1. gapup 51700 long 2. 51700- 51300 trade breakout 3. gapdown 51300 shortby subhankarsahoo2
NIFTYNIFTY levels are based on imbalances 1. gapup 24300 long 2. 24300-23950 trade reversal 3. gapdown 23950 shortby subhankarsahoo3
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.Shortby syomking764183
ES Levels and Targets Nov 4thOn Friday, 5802 was the primary target for ES as a major backtest, and we saw a sell-off from there. The 5740 support, talked about Sunday in group, held exactly on target with a bounce last night. As of now: 5760 is today’s support level. Already defended once. Holding above it keeps 5779, 5792, and 5797-5802 in play. If 5760 breaks, a retest of 5740 is sellers target, which is now a weaker support.by ESMorg0
Selling Level is defined IN #Gold #XAUUSDHello trader's here is your gold trading level for intraday so trade smartly when you find a good selling candel over my marked level ,, and avoid aggressive buying Reason is low volume buying .. and don't miss to follow or like this page.. This is for your learning purposeShortby vikashsharmaxz2
SELL USOILBeen a while since I last posted a trade, I'm sharing with you this on CL1! / USOIL that you can take as seller with the same TP and SL on the chart. Follow for more!Shortby YassineAnalysis2
My vision on gold for this weekI think the price is going down for the week I think the price is going down for the week I think the price is going down for the week I think the price is going down for the weekShortby dare_trader5
GOLD LONG ENTRYAnother Gold Entry Can Be SEEN Here STOPLOSS Below Swing Low. Execute the price at the exact price mentioned, NO FOMO. 💡KEEP IN MIND💡 I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market. 🚀Follow, I will drop daily 2-5 Intraday Charts🚀Longby abdulmoizboy0
GOLD Will Go Higher From Support! Long! Please, check our technical outlook for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,740.91. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,791.34 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider115
Possible Canadian Dollar StrengthI’m monitoring for Canadian Dollar strength in the near to mid-term. Based on my data, the risk-to-reward ratio appears very favorable. I plan to start building a short position on the USDCAD pair if it rises above 1.40, only initiating the trade once this threshold is reached. If it doesn’t, I will refrain from entering. Given the strong current momentum, it’s possible the pair could move significantly higher, so I’ll begin with a small initial position. I scale into and out of my trades gradually, taking multiple smaller positions along the way.Shortby Maddin2780
US/OIL Still Falling Longer Term.Election shocks may change market state significantly if any occur. Short zones nonetheless persist at a preferably lower size. SZ = Short Zone(s).by WillSebastian3
XAUUSD Analysis | Upcoming Election...GOLD recently bounced off the key resistance zone whilst creating all time highs for the last 2 weeks before slowing down before the next quarter phase of $2,800 where we saw a pivot correction into what could be a inner descending channel of the overall long term bull trend. As price approaches a key support level which is met by several confirmations such as the EMA, Dynamic Trend, Lower BB + Latter half of this quarter phase we could see a short term pullback to test that newly created resistance and create a lower high inside the inner channel before descending to fulfil price at these confirmation levels of $2,700 and a suitable long entry point for the long term trend following the correct validations. In previous times following elections the precious metal has had corrections from its price which would increase the probability of this idea but it is still important to be patient and make sure to wait for suitable confirmations to unfold before looking at entries due to the volatility that will occur primarily watching price action to gain better insight into the market movements. If you like this analysis feel free to drop a like and comment your ideas about the upcoming direction of gold below :) Shortby OfficialKieranTrewick3
Crude turns upCrude prices shot higher overnight following news that OPEC+ has delayed an expected production increase. Both Brent and WTI were up around 3% on the news, even though the announced delay is only for a month. This has taken front-move crude back up to an area of resistance around $71.50-72.00. If it can push above this region convincingly, and then hold it on any pullback, then this starts to improve the immediate outlook as far as the bulls are concerned. The daily MACD has started to turn up a touch, and while it remains in negative territory, this suggests an uptick in upside momentum. There has also been some relief that Iran did not take the opportunity over the weekend to launch an attack on Israel in retaliation for the Israeli attack the week before. Prices had jumped on Thursday evening after Israeli intelligence reported that Iran was planning to attack Isreal from its bases within Iraq.by TradeNation1
XAUUSD 30 MIN CHART - 04/11/2024 ESTI'm looking for a good sell setup for this week My resistance zone : 2749.35 - 2752.62 Always wait for the reaction first when price reach the resistance zone *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (5m, 3m, 1m)Shortby GrandTA2
Xauusd going short in my opinionTapped 4H FVG and got rejection twice, US Elections etc i think avoiding trading is best for few days and i am not a financial advisor etc do your own research before making any decision Shortby BilalGhouri220