GOLD - Short - GOld Expected to reverse from the levels of 2645Gold Expected to reverse from the levels of 2645. The Price expected to fall to the levels of 2535.Shortby Investing_TradingPublished 5
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 syomking76418Published 5
Gold's Wild Ride: Rebound Completed, Time to Short Again Crazy gold! The market has regained all of yesterday’s losses in today’s rally. This market is always full of surprises! Now it's clear that the resistance at 2600 is very strong. Since it couldn't break through, it's time to switch back to short positions. What rose from here is likely to fall back down to the same level. Sell, with a target profit (TP) at 2572.Shortby Wealth_WavesUpdated 6
Outlook for the rest of the day/weekExpecting sell off today from M15 engulfing sell zone in yellow and for this week's weekly candle to close bearish.by ryencPublished 6
Possible Movement in GOLD XAUUSD possible levels are mapped on the chart. I think it will retest the previous high range of 2500-2504 before continuing its move upwards. I am still BULLISH on GOLD on a fundamental level. by TusharSinghal01Published 220
Gold: overboughtFurther weakening of the US Dollar, after the Fed's rate cut of reference interest rates by 50 bps, and also new geopolitical tensions in the Middle East, brought the price of gold to new all time highest levels. At Friday's trading session the price of gold reached the level of $2.621, where it is finishing the week. Analysts are noting that this year the price of gold was increased by 26%, up to now, and that it represents its biggest yearly price move since the year 2010. Considering that markets have yet one more quarter to run until the end of this year, it is questionable if the price of gold could break another historical record. During Fridays’ trading session the RSI reached the level of 71, which is clearly overbought market side. As per technical analysis, this break also indicates a potential for a short term reversal to the downside. Moving averages of 50 and 200 days continue to run as two parallel lines with an uptrend, without any indication that the slowdown might come anytime soon. Markets will use the week ahead to digest information from the latest FOMC meeting. In this sense some short term reversals might be possible, however, it should not be expected to be the significant ones. Considering that the new ATH is reached, and that RSI clearly shows a potential for a short reversal, the price of gold might use the week ahead to slow down a bit. In this sense, a $2.580 might be shortly tested. However, considering current general trends in both market expectations and geopolitics, the price of gold might reach even new ATHs till the end of this year. by XBTFXPublished 8
Gold-dollar, daily Gold prices reached a record high on Monday, driven by a weakening U.S. dollar and expectations of further interest rate cuts by the Federal Reserve. The prospect of deeper rate cuts supports gold while geopolitical tensions in the Middle East are also fueling demand for gold as a safe-haven investment. US PMI data release, which could strengthen the dollar if it exceeds the expectations, may influence short-term gold price movement. Gold's historical significance, central banks' increased reserves, and its inverse correlation with the US Dollar are key factors affecting its price movements. Analysts suggest that forced liquidation of short positions and rising bond yields may further push gold prices to new historic highs. From a technical point of view, the price hit a new all-time above $2,600 and kept retesting the resistance of the upper band of the Bollinger bands even closing above it in late last week. The Bollinger bands are also expanded hinting that volatility is picking up and this could also suggest that the Stochastic oscillator could stay in the extreme overbought levels for a prolonged period of time. The moving averages validate the overall bullish trend in the market for gold and there are no significant signs of a trend reversal any time soon. by Exness_OfficialPublished 110
Gold Support Test - 2550 ZoneThe initial reaction in gold to the rate cut announcement was strong, with bulls pushing up for a test of the 2600 level. But that didn't last for long and prices soon started a rather quick pullback. At this point there's already been a bounce from the 2544-2550 zone and that bounce has come on quickly. Reading this, along with USD and USD/JPY, through the Asian session tonight will be important. If bulls can't hold the bid, the next spot of support comes into play around prior range resistance from 2527-2531, and, notably, that latter level is confluent with the 50% mark of the fibo retracement from the September major move. by FOREXcomPublished 6
XAU/USD Key Levels And Lessons To Note/UnderstandIdeal exits exist nearer to early support / early MA's. Lack of negative sentiment (Risk Off) is stopping you from hitting higher MA's. Be wary, and do not ram in short. Similarly to no risk off sentiment, you could keep rising continually (and ultimately pullback). The problem for some is the pullback may be too late for their extortionate size.by WillSebastianPublished 5
Gold - No Trouble at 2600 on 2nd AttemptGold has extended its post-FOMC support bounce and the second test at 2600 didn't cause bulls the same trouble that the first did. The challenge now is chasing the pair after a fresh yearly high, with daily RSI nearing overbought and weekly already well in that territory. This, of course, doesn't mean that the trend is done. But - it does highlight the fact that patience may be the more operative way forward. Where buyers show up on corresponding pullbacks can be telling. Like we saw after the first test at 2600 that failed, bulls returned later that day to hold support around 2550. That led to a knee-jerk move up to 2590 which stalled, and the pullback from that held at 2570 with prices pushing back up to 2590. Those minor psychological levels have continued to play a role and that can be of interest moving forward. A higher-low support hold at 2600 could be construed as aggressively bullish, and a sign of greater acceptance at the new big figure. A pullback to 2590 or 2580 could similarly be construed as bullish with a more attractive setup for continuation scenarios. But if 2570 is taken out, the door has to open to deeper pullback potential and the 2544-2550 zone is back in the picture. Longer-term, prior range resistance still remains as a point of interest as there hasn't yet been any support tests at that prior resistance and, logically speaking, there's probably a lot of bulls that would want to take profits after such a strong topside run. - js by FOREXcomPublished 4
WEEKLY CHART MID/LONG TERM CHART UPDATEHey Everyone, Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months. Previously we stated that we had the candle body close above 2505 leaving a gap to 2557. We also stated that we need to keep in mind that we have a ema5 detachment below highlighted on the chart with a circle for a possible correction area. We then got the detachment touch below two weeks ago, followed with the bounce like we analysed. Last week the bounce completed the full range and hit our target at 2557 perfectly. Just amazing to see our analysis play out in true level to level fashion. We also stated that all channels that break usually require the channel top to become support outside the channel for further continuations before new channels form and once again this played out like we analysed. We now have a candle body close above 2557 leaving a long term Axis gap target to 2603, which we shared on this chart number of weeks back. The new weekly candle will have a detachment below for correction range which will show up when market opens. Please note any corrections below that fail to provide support outside of the channel, means price breaks back into the channel, in which case the channel re-activates for trading and tracking level to level once again Therefore, if we see a rejection before the gap and a break back into the channel then we will use the levels within the channel to provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames keeping in mind the long range gap for the future.. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFXby GoldviewfxPublished 77153
Gold 1HR Intra-Day Chart 19.09.2024Option 1: Gold carries on moving up from here and ranges between $2,570 - $2,550 for the coming days. Option 2: Market dips towards $2,545 - $2,535 before Gold finds support and reverses back to the upside.Longby BA_InvestmentsUpdated 7
GOLD Will Go Lower! Sell! Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2,574.53. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2,546.89 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderPublished 116
SELL GOLDIn todays session we are looking for selling opportunity in Gold. Gold has been a raging beast lately. Todays Asia session has a surprise liquidity sweep, we are anticipating a pullback from this high 2628.27 with stops above 2638.724. Target the 2592 levels. Always use proper risk management and don't risk what you can't afford to loose. Cheers and best of luck, gwg.Shortby GeminiWealthGroupUpdated 5
SUPPORT AND RESISTANCE / PRICE ACTIONIn this analysis we are focusing on 30M time frame for XAUUSD. As we know that gold has manage to create a new all time high and the market structure was strongly bullish. So here I'm using simple support and resistance concept along with price action to find out the key levels. And also we are using Fib. Retracement tool to finding a retracement key levels. If market price break the consolidation zone toward upside then we look for buy. But If market price break the consolidation zone toward downside then we look for sell. Any step can be taken after confirmation. Let's delve deeper into these levels and potential outcomes. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. # GOLD 30M Technical Analyze Expected Move.by TradeTacticsrealUpdated 7
Is it wrong to sell?Is it wrong for us to look for opportunities to sell when the price is going up? Actually, there is nothing wrong for us to choose to buy or sell, as long as we are able to control the risk and take care of money management (MM). I saw an opportunity to sell again, even though the previous sell setup had failed. However, we as traders will not admit defeat and will continue to fight. If seen in the m30 time frame, there is bearish engulfing which is a signal for the price to retrace. take it or leave it. Trade at your own risk. TAYOR. RLAD - REAL LIFE AFTER DEATHShortby ExperTrader21Published 6
GOLD BEARISH MOVEMENT Gold is showing bullish signals today based on current technical analysis. Key indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and multiple moving averages are all pointing towards a strong buy. The RSI indicates upward momentum, and both simple and exponential moving averages are aligned in a favorable direction for buyers. Additionally, the MACD and Stochastic Oscillator are confirming bullish trends This upward trend may continue today, although factors like Fed interest rate decisions could introduce volatility Given this technical setup, gold prices could edge higher, testing recent resistance levels.Shortby BELLATRIXFXUpdated 7
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Rising Wedge as an Corrective Pattern in Short Time Frameby ForexDetectivePublished 6
Gold Trading Strategies Today Gold Trading Strategies Today 📈 Strategy 1: Go Sell when gold rebounds to around 2562-2565, target around 2550-2540, break the position and look at the 2530 line 📉 Strategy 2: Go Buy when gold pulls back to around 2530-2532 , target around 2540-2550, and look at the 2560 line if the position is broken Strategy orders are divided into two positions at 1:2 or 1:3 Strategy orders change SL to the entry price when the profit is more than 1:1 RR. Unless otherwise notified, the original price shall not be re-entered; The trend of the gold market is changing rapidly, and trading strategies may also be adjusted in real time. Investors are advised to place orders cautiously and manage account funds and positions reasonably.by chamitha45Published 6
Gold 1HR Intra-Day Chart 23.09.2024My current bias for the start of the week is that Gold will start dropping towards $2,600 - $2,590. Price should find support between this zone and buyers will then have enough liquidity to come back into the market. This should then push Gold towards a new ATH of $2,640 - $2,640 where we should see final exhaustion. Shortby BA_InvestmentsPublished 6
XAUUSD: 2,650 by next week, 2,850 by early 2025.Gold turned overbought on its 1D technical outlook (RSI = 71.445, MACD = 34.140, ADX = 33.307). Despite that, our TP = 2,650 will most likely get hit by next week, so now we will discuss what could happen next. Obviously a rejection at the Top of the Channel Up is most likely to take place, with which the market will seek technical confirmation of a support and buyers near the 1D MA50 again. On the 1W timeframe however (right chart), with the Fed cutting the rates aggressively as during the pandemic (March 2020), it is very likely that we are in a post cut rally which, with the support of the 1W MA50, will peak possibly as high as +78.50%, like the August 2020 Top. Consequently, we see more probable long term for Gold to reach 2,850 by February-March 2025. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScopePublished 6
Order Flow TradingOrder Flow Trading What is Order Flow and Why is it Important? Order flow trading is the process of analyzing the real-time flow of buy and sell orders in the market. Unlike technical analysis, which relies on historical price data, order flow looks at the immediate actions of market participants—particularly large institutions—that directly influence price movements. This approach helps traders understand market liquidity, identify major buyers and sellers, and anticipate potential price reversals or continuations. Order flow trading is crucial because it offers insights into the market's real-time supply and demand dynamics. By seeing the actual transactions occurring at specific price levels, traders can gauge the strength of market participants and make more informed decisions. Essentially, order flow reflects where the money is moving in the market, making it a powerful tool for identifying key price levels and market trends. Tools for Analyzing Order Flow Several tools and platforms allow traders to monitor and analyze order flow. These tools provide a real-time view of market activity and reveal hidden information that can’t be seen through price charts alone. Here are the most popular tools for order flow analysis: 1. Depth of Market (DOM) The Depth of Market or DOM is a tool that displays the current buy and sell orders placed in the market at different price levels. It shows the number of contracts or shares that are waiting to be executed at various prices, allowing traders to see where large orders are sitting in the order book. Usage: Traders use DOM to identify areas of high liquidity, where many buy or sell orders are clustered. These areas often act as support or resistance levels, as large institutional players may defend these zones to prevent the price from moving beyond them. 2. Time & Sales The Time & Sales window (also called the tape) is a real-time list of executed trades. It shows the time, price, and volume of each trade, as well as whether the trade was executed at the bid or the ask price. Usage: By watching the tape, traders can see whether more trades are being executed at the bid (indicating selling pressure) or at the ask (indicating buying pressure). This helps in identifying whether market participants are aggressive buyers or sellers. 3. Footprint Charts Footprint charts combine price data with order flow information to show the volume traded at each price level. These charts are color-coded, making it easy to see where buying or selling is dominant. Unlike a regular candlestick chart, footprint charts offer more granular information about the balance of buy and sell orders. Usage: Traders use footprint charts to see whether volume is increasing or decreasing at key price levels. This helps them gauge the strength of a price move or spot potential reversals when high volume fails to push the price in a certain direction. 4. Volume Profile The Volume Profile is a tool that displays the amount of volume traded at different price levels over a specific period. It gives a clear picture of where most of the trading activity has occurred and highlights high-volume areas that could act as support or resistance. Usage: Traders use the volume profile to spot significant price levels where large institutional orders are likely to have been placed. These zones often indicate key levels for potential reversals or continuation of trends. Using Order Flow to Spot Large Buyers/Sellers and Market Direction Order flow provides a real-time view of market participants' intentions, especially large institutional traders. By identifying large buy and sell orders, traders can infer the likely direction of the market. 1. Spotting Large Buyers and Sellers Large Buy Orders: If the DOM shows a large number of buy orders stacked at a specific price level, this suggests strong buying interest. Large institutions may be accumulating positions, and the price is likely to bounce from this level if those orders get filled. Large Sell Orders: Conversely, large sell orders stacked at a price level indicate strong selling pressure. If these orders remain unfilled or new sell orders keep appearing, it could mean a price drop is likely, especially if the market struggles to break through this level. Time & Sales Activity: By watching the tape, traders can spot large individual trades, which often signal the activity of institutional players. These trades can serve as clues for potential market direction. For example, a series of large trades executed at the ask price may signal aggressive buying and a potential upward move. 2. Identifying Market Direction Buy or Sell Imbalances: If there’s a significant imbalance in the DOM between buy and sell orders, this can indicate the likely market direction. For example, if there are substantially more buy orders than sell orders, it could suggest bullish sentiment and the possibility of an upward move. Absorption and Rejection: If large buy or sell orders are continually placed at a specific level but are not being filled (absorbed by the market), it could signal that the price is likely to reverse. This is known as order absorption, where one side of the market (buyers or sellers) can no longer push the price higher or lower. Price Support and Resistance: Large orders at key price levels often act as temporary support or resistance. If the market fails to break through these levels despite multiple attempts, it could signal that a reversal is likely. Conversely, if the orders get consumed quickly, it might suggest that the price is ready to break out in the direction of the larger order flow. 3. Tracking Institutional Activity One of the primary advantages of order flow trading is its ability to reveal the actions of institutional players. By analyzing where large orders are placed and executed, retail traders can follow the "smart money." Institutions often hide their intentions by splitting large orders into smaller ones, but order flow analysis can help identify these patterns. Example: Suppose you see a significant number of buy orders at a specific price level over an extended period. This could indicate that a large institution is accumulating a position, and once these orders are filled, the price may move sharply upwards. Conclusion Order flow trading provides unique insights into real-time market activity, allowing traders to anticipate price movements with greater precision. By understanding the dynamics of large buy and sell orders, monitoring liquidity levels, and using tools like the DOM, Time & Sales, and footprint charts, traders can spot opportunities that are invisible on traditional price charts. Incorporating order flow into your trading strategy can give you a competitive edge by helping you align with the moves of larger market participants. Educationby samstoobadPublished 5
XAUUSD SELL ANALYSISXauusd have been trending now made a resistance around area of 2630.905 and there is a chance of falling so going for SHORT is needed with target profit of 2573.750. Use money managementShortby FrankFx14Updated 5