Gold sellsFrom 2587 to 2557 i look forward to sells on gold all the way down..Wait for candleshift on current market priceShortby TheWolfOfWallstreet001Published 1111
Lingrid | GOLD Weekly Market Outlook: Price Hit All-Time HighThis week OANDA:XAUUSD surged to an all-time high, fueled by increasing expectations of a potential interest rate cut from the Federal Reserve. The price rose over 3%, marking its strongest weekly gain since August. This optimism is driven by concerns about inflation and global uncertainty, which have led to expectations of a rate cut aimed at stimulating the economy. The market has now entered a new range between 2550 and 2600, where it may oscillate in anticipation of the Federal Reserve's rate cut decision next week. Given that we have high-impact news scheduled for next week, especially for Wednesday, I expect the market to consolidate by forming a trend continuation pattern. However, Monday may start with a pullback toward the support level, considering that price action has made a 1-2-3 movement, after which a correction typically occurs. Overall, I will maintain a bullish outlook with the expectation of a short-term pullback. A rate cut by the Federal Reserve would likely boost gold prices further, potentially driving them toward 2600 and even higher. The underlying fundamentals, including inflation concerns and economic uncertainty, support this bullish sentiment, and any signs of a rate cut could reinforce the upward momentum in the market. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻 Longby LingridUpdated 3535145
Daily live trade with XAUUSD in 15m/30m/1h 20240920Daily live trade with XAUUSD in 15m/30m/1h 20240920Shortby tradermongoliaPublished 226
GOLD (XAUUSD): One More Bearish SetupGold price experienced a sudden change in direction yesterday, reaching a new all-time high near the psychological level of 2,600 leaving a bull trap and bearish engulfing candle on a daily chart. Analyzing the hourly time frame, GOLD broke through two key intraday structures - a horizontal support level and a rising trend line - with a single bearish candle. This breach has created an expanding sell zone. I predict a bearish movement towards the 2546 and 2533 support levels.Shortby linofx1Published 2210
Gold This is my analysis for gold The price approached to appear side of monthly bullish channel as well In 4H Expected to have reversal pattern and fall.Shortby batch6ali2109Published 443
ANALYSE GOLDCAPITALCOM:GOLD has broken through the 2600 high , and now looking for a new high , which requires a return to the areas that were forming supports & resistences, which requires an upcoming correction today before the weekly close . Shortby ThewhaleBPublished 224
XAUUSD M15 I Bearish BreakoutBased on the H4 chart analysis, we can see that the price is falling to our sell Stop entry at 2616.90, which is an overlap support Our take profit will be at 2605.67, a multi-swing low support close to 38.2% Fibonacci Retracement. The stop loss will be placed at 2625.75, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCMPublished 224
Gold is still in Bull TrendAs u can see, daily Gold is basically above SMA 24, pulling Moving Averages above and above. Stop Loss: Three consecutive Daily close below that SMA 24. Otherwise, Increase position everyday Gold above SMA 24. Fundamentals: Fed start rate cutting cycle by 50bps, as well as geopolitical uncertainties all benefits gold.Longby Tekapo-InvestPublished 332
XAUUSD: +400 PIPS Intraday Opportunity! Dear Traders Gold has created a record higher high after touching 2670, price has made a minor correction after that, however, in our opinion it was a small correction due to liquidity emerged as the London Session opened. We think from current trending price we can see a clean move towards 2700$. Good luck. Longby Setupsfx_Published 1110
Lingrid | GOLD sustained MOMENTUM towards HIGHER LevelsThe price perfectly fulfilled my last idea. It hit the target. OANDA:XAUUSD has reached the important level of 2650 and broke and closed above it on the daily timeframe. Since there is no historical resistance above this level, the price may continue to push higher. Currently, we are seeing a pullback from the resistance zone, which presents an opportunity to go long from the support area. If the market pulls back toward the support zone and shows signs of rejection, we can anticipate a movement to higher levels. My target is resistance zone at 2670. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻 Longby LingridPublished 2218
Gold / USDas we see after IM in last weeks we are wairing for correction on 4H chart Shortby AmerAlsalehPublished 118
XAUUSDXAUUSD The main trend is up. Now the price is near the 2600 resistance zone. If the price cannot break through the 2600 level, it is expected that there is a chance that the price will go down in the short term. Consider selling the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana2324Published 3310
The Power of Resilience in Trading: Turning Losses into LearningLosses in trading are inevitable, no matter how well you manage your emotions or perfect your strategies. The key to long-term success lies not in avoiding losses entirely, but in how you respond to them. This is where resilience comes into play. Resilience is the ability to bounce back from setbacks and continue pushing forward toward your goals. It's about maintaining a positive outlook and keeping a sense of perspective, even when faced with adversity. In the world of trading, resilience is not just an asset—it's a necessity. Every trader, no matter how experienced or successful, will face losses at some point. The difference between those who succeed and those who don’t is how they handle those losses. Reframing Losses: A Path to Growth A powerful way to build resilience is by reframing your losses. Instead of seeing a losing trade as a failure, look at it as a learning opportunity. When you experience a setback, don’t beat yourself up—ask yourself critical questions: What can I learn from this? How can I improve my trading based on this experience? By shifting your perspective in this way, you transform the emotional sting of a loss into a stepping stone for future success. Losses become lessons, and each trade—whether profitable or not—becomes part of your journey toward becoming a better trader. A Real-Life Example: My Own Setback Let me share a personal example. In 2009, probably because I already had 7 years trading career and I've become overconfident, I experienced a significant drawdown that wiped out a large portion of my account(more than 50%). I was devastated, questioning whether I had what it takes to be successful in this field, or it's been just luck so far. But instead of giving up, I chose to view this setback as a learning experience. I took the time to analyze my trades (only 3 in fact), identify my mistakes, and refine my strategy. That difficult period taught me invaluable lessons about risk management, emotional discipline, and the importance of continuous improvement. What seemed like a disaster at the time turned out to be one of the best things that ever happened to my trading career. It didn’t just make me a better trader—it made me a more resilient one. Building Resilience: A Lifelong Asset Resilience in trading isn't just about handling one bad day or week—it's about building the mental strength to face the market’s ups and downs without losing your focus or passion. Every challenge you overcome, every setback you bounce back from, makes you stronger and more prepared for the future. The next time you experience a loss, remember that it’s not the end of the world. It’s an opportunity to learn, grow, and come back even stronger. Embrace the challenge, trust in your ability to overcome it, and always keep moving forward. Best Of Luck! Mihai IacobEducationby Mihai_IacobPublished 229
Advanced SwingTrading Breakdown of XAUUSD Gold (1-Hour Chart)The updated chart for XAUUSD (Gold/USD pair) on the 1-hour timeframe provides an in-depth analysis using a combination of Wyckoff Distribution, Elliott Wave Theory, and Fibonacci retracement levels to project future price movements. The integration of these methodologies indicates a bearish market outlook, with the potential for further downside as the market completes its distribution phase and transitions into a markdown. 1. Wyckoff Distribution Analysis: The price action shown on this chart aligns closely with the Wyckoff Distribution schematic, which represents a shift from an accumulation (bullish) phase to a distribution (bearish) phase. The primary components of the Wyckoff Distribution are marked clearly on the chart, indicating a structured process where institutional players offload their positions before a price decline. Preliminary Supply (PSY): This is the point at which the first signs of distribution emerge, indicating that sellers are beginning to test the market. At this stage, demand remains strong, but early signals of weakness in buying interest become visible. Buying Climax (BC): The Buying Climax represents a significant rally, which reaches a peak as demand becomes exhausted. Following the BC, supply begins to outweigh demand, creating a pivot in market sentiment. Secondary Test (ST): After the BC, a Secondary Test (ST) occurs, where the price revisits the area of the climax but fails to break higher. This failure further confirms the transition from accumulation to distribution, showing that buying strength is waning. Automatic Reaction (AR): The AR reflects the market’s natural reaction to the buying climax, leading to a sharp decline in price. This serves as confirmation that the market is entering the distribution phase, with sellers taking control. Upthrust (UT): The Upthrust is a deceptive move in which the price momentarily breaks through the established resistance level, encouraging additional buying. However, this breakout quickly fails, trapping late buyers and signaling a high probability of a reversal. The UTAD (Upthrust After Distribution) shown in the chart is a classic final thrust before the markdown phase, where weak hands are left holding positions as larger players finalize their selling. Sign of Weakness (SOW) in Phase B: The SOW during Phase B is indicative of increasing selling pressure. The price fails to make new highs and begins to form lower highs, confirming that the sellers are in control. Last Point of Supply (LPSY): The LPSY marks the last opportunity for distribution before the price starts to decline significantly. At this point, selling is dominant, and the market prepares to transition into a markdown phase. 2. Elliott Wave Theory Integration: The chart integrates Elliott Wave Theory into the broader analysis to project price patterns and potential future movements. The combination of impulse and corrective wave structures aligns with the overall bearish outlook. Wave (i)-(v): The five-wave structure visible on the chart shows a classic impulsive move downward, indicating that the market is in the midst of a bearish trend. This initial impulsive wave is likely the first leg of a larger bearish cycle, supporting the Wyckoff Distribution model. Corrective ABC Pattern: Following the initial impulse, a corrective ABC wave structure emerges, represented in purple shading on the chart. This correction retraces part of the impulsive wave but remains contained below key resistance levels, suggesting that the bearish trend is still intact. Subsequent Impulse: After the ABC correction, the price is expected to resume the downward trend, indicated by the formation of another five-wave impulsive structure. This further reinforces the bearish outlook and suggests that any rallies are likely corrective in nature rather than the start of a new bullish trend. 3. Fibonacci Retracement Levels: The chart also employs Fibonacci retracement levels, a key tool used by traders to identify potential support and resistance areas during price retracements. 0.5 Fibonacci Retracement ($2,640.548): This level is significant, as it represents the midpoint of the retracement from the initial impulsive wave. The price action around this level can be interpreted as the market's attempt to consolidate before continuing the downward trend. 0.618 Fibonacci Retracement ($2,654.518): The 0.618 retracement level, often referred to as the "Golden Ratio," is a critical resistance area. In the context of the current bearish trend, any attempts to rally beyond this point are likely to fail, making it a strong area for short positions. 0.786 Fibonacci Retracement ($2,661.593): The 0.786 level represents a deeper retracement, but still within the bounds of a corrective structure. If the price approaches this level, it is expected to face significant resistance, reinforcing the likelihood of further downside momentum. 4. Key Resistance and Support Zones: Current Strong High Invalidation Point ($2,686.615): The chart identifies this level as a crucial invalidation point for the bearish thesis. If the price breaks above this level, it would invalidate the current wave count and suggest that the market could shift back into a bullish phase. Resistance Line (BC Distribution): The resistance line, marked in orange, reflects the upper boundary of the distribution phase. As long as the price remains below this line, the bearish outlook remains intact. Any movement above this resistance would require a re-evaluation of the current market structure. Support Line (AR Distribution): This support line indicates a key level formed during the Automatic Reaction (AR). A break below this support confirms that the distribution phase is complete, and the market is fully transitioning into the markdown phase. Point of Control (POC - $2,623.700): The POC level, indicated by the horizontal purple line, represents the price level where the most volume has been traded. This acts as a key pivot point for price action, and if the price breaks decisively below the POC, it suggests that supply is overwhelming demand. Value Area Low (VAL): The VAL is located around the $2,603 level and acts as a key support zone. A failure to hold this level opens the possibility for further declines, with the next downside target around $2,588 or lower. 5. Outlook and Conclusion: The combination of Wyckoff Distribution, Elliott Wave Theory, and Fibonacci retracement levels points to a bearish outlook for XAUUSD. The Upthrust After Distribution (UTAD) and Last Point of Supply (LPSY) suggest that the distribution phase is nearing completion, and the market is preparing to enter a more aggressive markdown phase. Key Fibonacci retracement levels, such as 0.618 and 0.786, offer potential areas of temporary resistance, but the overall structure indicates that these levels are unlikely to hold in the long term. The Point of Control (POC) and Value Area Low (VAL) will be critical in determining whether the market continues to decline. A decisive break below the AR support line would confirm the bearish scenario, while a move above the Current Strong High Invalidation Point ($2,686.615) would invalidate this analysis and suggest a potential shift back to bullish momentum.Shortby spacedevilPublished 1122
XAU/USD Support & an amazing trendline 1H🍇Hey logical traders; ❗Zoom in the above picture to see details❗. In the 1H timeframe, the price has had more than "20" hits with the trend line; These encounters cannot be seen in higher timeframes. In fact, the trend line you see, is a very important line; Despite the very high strength of gold in recent days, I predict that the price will need a pullback to recover itself; We will most likely have a pullback to areas with high trading volume, these areas are shown on the chart. After the pullback, it is more likely that the price will increase than decrease, but it cannot be said with certainty right now, so wait for my next ideas about gold; I always analyze the market carefully. 🔔Please support me with your likes and comments🔔Shortby Jennifer_VIPPublished 6635
HelenP. I Gold will rebound from trend line and continue move upHi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the trend line and then started to move up near this line to support 2, which coincided with the support zone. When the price reached this level, it broke it and rose a little more, but soon turned around and dropped, breaking support 2 and the trend line too. Soon, Gold turned around and continued to move up next, and later it broke the trend line with support 2 one more time. Next, the price rose to support 1, which coincided with one more support zone, and some time traded near this level, after which turned around and made a correction movement below the trend line. Gold some time rose near below this line and later broke support 1, after which in a short time broke the trend line too. Just now, the price trades close to this line and I expect that XAUUSD will rebound from the trend line and continue to move up. For this reason, I set my goal at 2620 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelenUpdated 3315
The Price of Gold Continues to Hit Record HighsThe Price of Gold Continues to Hit Record Highs As shown by today's XAU/USD chart, the price of an ounce of gold is around $2,628, marking a new all-time high for three consecutive trading days: 20th, 23rd, and 24th September. The bullish sentiment in the gold market is driven by: → the reaction to Wednesday’s decision by the Federal Reserve to cut interest rates by 50 basis points; → another surge in tensions in the Middle East. Technical analysis of the XAU/USD chart shows gold’s price is moving within an upward channel (marked in blue), with the bullish momentum becoming more pronounced in September. Since the beginning of the month, bulls have managed to: → break through the resistance level of $2,530; → lift the price into the upper half of the blue channel; → establish a steeper upward trajectory (shown by yellow lines). However, it’s worth noting that: → each new record high is only slightly above the previous one; → the RSI indicator is forming a divergence. This suggests that the bullish momentum may be weakening. It’s possible that market participants may look to take profits from long positions, leaving the price vulnerable to a pullback, potentially towards the lower boundary of the yellow channel, which is reinforced by the blue median line. 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. by FXOpenPublished 228
GOLD (XAUUSD): Bearish Correction ContinuesI see one more important intraday structure breakout. Gold has broken through a support cluster within a small horizontal range, indicating strong selling pressure and a bearish signal. Following a thorough retest of the broken structure, there is now a bearish response. I anticipate that the price will soon reach a level of 2562/2553. Shortby linofx1Published 4429
"More expensive gold"Here’s a more polished translation with some adjustments to make it sound professional: "With the breakout above the 2590 level, price has exited a strong resistance zone and is now poised to form a solid support. Our trend, which is moving powerfully towards the 2670 level, remains intact. If the trend breaks, 2590 could become a resistance area. However, it is highly likely that the price will continue towards 2670. Pay close attention to the signals at the key points indicated on the chart, and be ready to buy or sell upon receiving confirmation."by mortezamzh9Published 116
Bullish bounce off major pullback support?The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 2,531.45 1st Support: 2,500.49 1st Resistance: 2,588.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarketsPublished 116
Trading Signals September 20Fundamental Analysis Bullish gold extended gains after recording losses on Wednesday following the Fed decision. Officials sided with the larger of the two cuts expected by Wall Street, justifying their decision by pointing to inflation progressing steadily toward the Fed’s 2% target. Fed Chairman Jerome Powell stressed that the Fed could maintain labor strength by adjusting policy. Meanwhile, US employment data is in focus after Powell’s speech at Jackson Hole, in which he shifted focus to achieving the maximum employment mandate. On Thursday, the US Department of Labor revealed that the number of people filing for unemployment benefits was lower than expected, indicating strength in the labor market. Meanwhile, US Treasury yields followed in Gold’s footsteps, with the benchmark 10-year Treasury yielding 3.74%, up three and a half basis points. However, this did not support the greenback, according to the US Dollar Index (DXY), which fell 0.31% to 100.62. Technical Analysis The price zone to watch in today's European session is 2610 new ATH peak. If the price fails to break this zone in the middle of the European session, Gold can be sold to the breakout zone when the European session is 2600-2595. When the US session fails to break the 2595 zone, BUY again and continue to hold long-term combined with the old BUY signals in the 254x 247x zone of the previous days, we have a long-term BUY signal up to 27xx Trading signal Breakout upper boundary: 2593 - 2600 -2605 - 2615 Upper resistance: 2593 - 2600 -2605 - 2615 Breakout lower boundary: 2580 - 2572 - 2565 - 2557 - 2550 Support: 2580 - 2572 - 2565 - 2557 - 2550 SELL 2613 - 2615. Stoploss 2619 BUY 2580 - 2578. Stoploss 2574 BUY 2567 - 2565. Stoploss 2561by TVS-TraderPublished 116
XAUUSD SELL NOW ! WEEKLY CLOSING DAY!Go through the analysis carefully, and do trade accordingly. Resistance- 2591-2594 Resistance-2612-2616 Support- 2571-2565 Support-2551-2555 Support-2541-2545 Strong support area- 2531-2535 Gold Signal Daily for the week Current price- 2587.9 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605, 2618" Advice-For Buying Best buying area= 2530-2535 For selling Best selling area= 2600-2616-2630 -POSSIBILITY-1 If 2571 break and sustain then you can sell gold with retest target will be 2545-2535 -POSSIBILITY-2 If it breaks 2600 and sustains then you can sell gold with retest target will be 2616-2630Shortby GoldsignaldailyPublished 226
New ATH XAU above 2630 next week✍️ NOVA hello everyone, Let's comment on gold price next week from 9/23 - 9/27/2024 🔥 World situation: Gold prices surged past $2,600 to a new record high, fueled by expectations of further rate cuts from the Federal Reserve (Fed) and rising tensions between Israel and Hezbollah. XAU/USD is trading at $2,621, up 1.37%. Risk aversion is evident as Wall Street's major indices posted slight losses. Fed Governor Christopher Waller supported a 50-basis-point rate cut, expecting low August PCE inflation data. 🔥 Identify: FOMO to create new ATH for XAU is still very large - continue to expect higher price zones next week, before the market corrects again. New ATH target: 2643-2665 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2638, $2650, 2665 Support : $2584, $2558, 2529 🔥 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 - The winner is the one who sticks with the market the longestShortby Nova-ScalperUpdated 1123