Wti ( UsOil ) thats my idea about Wti up trend first , then going to down trend but if price break 95.5 its going to need an update .. by KhodeAlex1
XAUUSD: Trend in 2H timeframePlease pay special attention to the accurate trend, colored levels, and red level as SL. >>>>>>>>>>>>>>>>>>> The setup is very sensitive <<<<<<<<<<<<<<<<<<<<<<<< Be careful BEST MTby MT_TUpdated 3
Possibly Ascending ChannelI see silver moving according to this scenario. I will only sell some of my silver when hit 50-60 dollars. I believe once we hit those levels price will go down and then sideways for sometime (1-2.5 years) and ill be buying more around 40 dollars.Educationby Se7enSkies2
SILVER On The Rise! BUY! My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 30.4065 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 31.0378 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCKLongby AnabelSignals4
XAUUSD TRADE SETUPWait for retest the entry level then take a trade for Sell otherwise skip this setupLongby JinnatAlamSumon1
FCPO Week 23 2024: Bullish?The price broke through the neckline with strong momentum and retraced slightly on Thursday, creating a buying opportunity. It then continued higher on Friday, confirming a rounded bottom pattern. From here, the price is expected to continue rising. A long position targets 4135 initially, with a potential move to 4230 depending on next week's price action.Longby edramlan1
Gold next week analysis and advice, hope to help you!Gold latest market trend analysis: Gold news analysis: Before the close on Friday (May 31), the US dollar index rebounded slightly at 104.62, and gold unexpectedly plunged nearly $40, falling below the key level indicates further weakness. Despite a slight recovery, the bulls are still not in control. In the week just ended, the gold market experienced volatility guided by inflation data and Fed policy expectations. On Friday, with the release of PCE inflation data, which showed that price pressures cooled in April, gold prices experienced a significant correction, falling back below $2,330 per ounce. Spot gold closed down 0.68 percent at $2,327.05 an ounce. COMEX gold futures fell 0.79 percent to settle at $2,347.70 an ounce. April's PCE inflation data showed some cooling in price pressures, an outcome that was in line with analysts' expectations, but the core PCE data came in below expectations, suggesting inflation was cooling faster than expected. This phenomenon increases the likelihood that the Fed will cut interest rates sooner rather than later, which has a positive impact on the gold market. Lower interest rates reduce the opportunity cost of holding non-yielding assets, so precious metals rose after the data was released. However, as the weekend approached, gold prices began to fall back. Last week, market analysts were divided on gold. This week, the market will continue to focus on the US economic data, especially the ISM manufacturing PMI, ADP employment change, ISM services PMI, ECB interest rate decision, US jobless claims and non-farm payrolls such as key indicators. These data will have an important impact on the gold market. The movement of the gold market last week was significantly influenced by the PCE inflation data and the Fed policy expectations. While long-term bullish sentiment towards gold remains, volatility is expected to continue in the short term. We need to pay close attention to upcoming economic data and policy developments to make informed investment decisions. As the market reacts further to inflation expectations and Fed policy, the future direction of the gold market will become clearer. Gold technical analysis: the rise of gold in the United States on Friday did not break through the high point of 2360 to continue the rally, the day continues to maintain a pattern of volatility, and is a weak trend, we in the United States as expected in 2358 line empty, gold rush high after the scheduled fall harvest! Gold daily chart, gold after last Friday's washing trend in the United States, the direction of the space has been opened, and now the trend of weak shocks in gold is obvious, near 2360 has formed a triple top, multiple pressure above or again to depress gold bulls, gold is now a big possibility of a sharp fall, below the support can first focus on the daily low 2320 near the competition, Before the effective break, follow the trend to see the shock, after the break, below or fall again to lower 2320, or even 2300 mark, while the above pressure is near the 10-day moving average 2360, if gold can re-break this position to stand firm, then it will open a new upward trend of bulls, and in the short term, the long/short conversion watershed can be concerned about 2340. There are more long and short orders accumulated here, which belongs to the gold-intensive trading area, and the strength of the analysis of the market can be concerned about the competition for gains and losses. On the whole, the short-term operation idea of gold Monday suggested that the rebound is mainly short, the callback is supplemented by more, the short-term focus on 2340-2345 resistance, and the short-term focus on 2315-2320 support.by Frederic-FUpdated 1
Xauusd potential moveHi traders I am seeing gold will reach its support in 2300 area before moving upwards to 2400 or even reach new high of 2500. I will continue update you with more details in the upcoming days! Good luck and happy profit!Longby andrey_kurniawan2
GOLD OUTLOOK I'm acticipating gold to drop to the inner trendline on the weekly time-frame. GOLD is in Overall BULLISH TREND. But the market has reached a higher point of a resistance level and right now we can see a Reverse Candlestick pattern at and level same with a Chart pattern ( Double Top pattern ) Shortby destinyesabu1
Silver Get ready for massive runSilver has been testing the pactience of investor community for a very long time. Known as a poor man's Gold this commidity mimicks the gold price but moves are sudden and strong. Gold has been in past 5 years moving within the range of triangle and getting into a squeeze period. looking for breskout upward and flow the Gold price move. by spiritedDingo47834Updated 8
Weekly XAUUSD analysis, 3-7 June.1. Swing is Bullish 2. INT structure is bearish. Swing pullback phase. 3. Expectations for the price to remain swing bullish. Wait for the confirmation to get involved. 4. Price has swept the LQ below the low We could see another INT bearish leg before shifting bullish cause it still LQ and 4H demand area below, If the price remains swing bullish. Follow Lower Time Frame. Daily Time Frame: 4H Time Frame: 15M Time Frame: by yehiabedawi3092
gold huge risk breaking 2300$ support1. still no lower low, breaking 2300 = lower low start of long term bearish trend 2. If it is lower low then it will create lower high = say goodbye to 2700$ for a while 3. it just 1 candle signal on 1H , 12H and daily, wont show on weekly or monthly yet so I don't know would monthly 2700$ target win the battle or notby salvanostUpdated 1
GOLD fell last week, the market will pay attention to PCEAlthough central bank buying and strong Asian demand have created a long-term fundamental bullish trend for gold, OANDA:XAUUSD , but uncertainty surrounding the Federal Reserve's monetary policy continues to create large short-term fluctuations, mainly with mixed pressure to strengthen the US Dollar's position. Gold prices rose to a record high above $2,450 an ounce earlier this week as the market began to consolidate expectations that the Federal Reserve will cut interest rates twice this year. However, the breakout to create a new all-time high was short-lived as gold prices fell more than $100 this week. Minutes of the Federal Open Market Committee meeting showed hawkish sentiment, with the central bank reluctant to cut interest rates as inflationary pressures remain high. The meeting minutes stated: "Participants noted that first-quarter inflation data were disappointing and that various indicators pointed to strong economic growth. They estimated that it would take a long time." than previously expected to get inflation closer to 2%.” The minutes also noted that some committee members were willing to raise interest rates if inflation continued to escalate. This news has delayed interest rate cut expectations and November could replace September as the date for the first rate cut. This change has pushed U.S. Treasury yields higher and the U.S. dollar stronger, thereby hitting non-yielding precious metal prices. Gold market OANDA:XAUUSD will be very sensitive to inflation data next week The Fed's preferred measure of inflation, the core personal consumption expenditures (PCE) index, will be released next Friday. Signs of easing price pressures could revive hopes of a Fed rate cut, pushing gold prices higher. If the PCE report is higher than market expectations, it will continue to provide another source of "energy" that has a negative impact on the Fed's interest rate cut expectations, causing gold prices to fall even more. While Friday's inflation data will be the main focus in the economic week ahead, broader financial markets will also be closely watching the latest US GDP and consumer confidence data. Notable economic data and events next week Tuesday: Conference Board consumer confidence index Thursday: Preliminary US Q1 GDP, weekly jobless claims, pending home sales Friday: Personal Consumption Expenditures (PCE) and US Personal Income and Expenditures Analysis of technical prospects for OANDA:XAUUSD Although the gold price has recovered from the technical level of 2,324 USD noted by readers in the last issue, the recovery momentum was soon defeated by the horizontal resistance level of 2,345 USD, the price point marked with moderate attention. horizontal resistance and also the price point of EMA21. As long as it cannot break and move above EMA21, it is still not technically eligible to increase in price. For gold price to be eligible to increase in price, it at least needs to operate above EMA21 and return. above the trend line again, this is also considered resistance, creating technical pressure on gold prices at the present time. In case the aforementioned resistance confluence area is broken above, gold has the opportunity to rally further and head towards the 0.236% Fibonacci levels and the $2,400 level in the short term. On the other hand, if the $2,324 horizontal support level is broken below gold could continue to decline more to the 2,304 level and more to the $2,300 raw price level in the short term. Technically, the gold price is in more favorable conditions for the possibility of a price decrease, while the Relative Strength Index is pointing down without reaching the oversold level, this shows that gold still has room to fall. Notable prices will be listed as follows. Support: 2,324 – 2,304 – 2,300USD Resistance: 2,345USD 🪙SELL XAUUSD | 2371 - 2369 ⚰️SL: 2375 ⬆️TP1: 2364 ⬆️TP2: 2359 🪙BUY XAUUSD | 2289 - 2291 ⚰️SL: 2285 ⬆️TP1: 2296 ⬆️TP2: 2301by Xayah_tradingUpdated 1112
Another drop for goldHi traders, Last week XAUUSD made the correction up. So after the finish of the correction next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: Trade sells after a correction up and a change in orderflow to bearish on a lower timeframe. If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade!Shortby EduwaveTrading2
GOLD recovered to EMA21, Middle East situation tense On the Asian market on Monday (May 27), gold was delivered immediately OANDA:XAUUSD increase rapidly in the short term. Gold price touched 2,347 USD/ounce, setting a session high and increasing strongly by more than 13 USD during the day. OANDA:XAUUSD The gains were supported by a weaker US Dollar and rising geopolitical risks in the Middle East. Tuesday's speeches by Fed officials Bowman, Mester and Kashkari will be closely watched. Affected by the Memorial Day/Spring Bank Holiday, US and UK stock markets will be closed for one day on May 27; CME Group's U.S. crude oil futures and precious metals trading will be suspended at 01:30 Hanoi time on May 28. Gold will get more data from speeches by Fed officials on Tuesday, including those from Bowman, Mester and Kashkari. The US's first quarter gross domestic product (GDP) released on Thursday will be the focus, with GDP expected to grow 1.5% in the first quarter. Stronger-than-expected data could boost the Dollar and continue to pressure gold, whereas weaker-than-expected data would see gold supported and the Dollar weaker. In terms of the fundamental picture, gold is receiving some support that could be transformative as the geopolitical situation becomes complicated again. Previous lessons show that every time the geopolitical situation becomes complicated and escalates, gold sets a new all-time peak. The Israeli army has conducted many air strikes! Killed about 200 people Early on the morning of May 27 local time, the Gaza Strip Media Office issued a statement saying that in the past 24 hours, the Israeli army conducted 10 attacks on 10 areas in the Gaza Strip such as Jebaliya, Nusayrat, and City. Gaza, and northwestern Rafah. Air strikes targeted evacuation centers run by multiple United Nations agencies, killing a total of about 200 people. A day earlier, the Qassan Brigades, an armed faction affiliated with Hamas, said it had launched a "massive rocket" attack on Tel Aviv, Israel, in response to the "massacre of civilians by the regime". Zionism". Analysis of technical prospects for OANDA:XAUUSD On the daily chart, receiving support from the $2,324 gold level rose quickly to test the $2,345 EMA21 price point which is also the short-term target recovery level sent to you in the weekly publication. Now, with the geopolitical situation becoming more complicated, once gold breaks out of the 21-day EMA and moves above the 21-day moving average and returns to the trend, it is well placed to continue. Technically bullish with a short-term target then aiming for the 0.236% Fibonacci extension and more to the original price of 2,400USD. On the other hand, EMA21 is also the nearest resistance, which provides expectations for the possibility of a price decrease with a target level at 2,324USD, more at 2,305USD. During the day, the technical outlook is still leaning towards the possibility of a price decrease in the case of qualifying for the above increase. Notable prices are listed below. Support: 2,324 – 2,305USD Resistance: 2,384 – 2,400USD 🪙SELL XAUUSD | 2380 - 2378 ⚰️SL: 2384 ⬆️TP1: 2373 ⬆️TP2: 2368 🪙BUY XAUUSD | 2306 - 2308 ⚰️SL: 2302 ⬆️TP1: 2313 ⬆️TP2: 2318by Xayah_tradingUpdated 12
USOIL Will Go Up From Support! Long! Take a look at our analysis for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 77.11. Considering the today's price action, probabilities will be high to see a movement to 79.91. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider114
GOLD (XAU/USD): what does the MTF view orchestrate?Initially, taking a look at the Monthly-timeframe development, it could be noted that the price is printing huge wick candles, which emphasises the inability to continue pushing in the upside destination. Identifying all crucial key zones and levels of decision, we may point out the importance of the 2.07 key region, the borders of which could be visited in the upcoming middle to long run if our game-plan plays out as desired. Zooming into the Weekly-timeframe chart to locate probable entry areas, the right shoulder zone of the currently forming Head&Shoulders pattern could be held under the radar. If the price manages to bounce off the neckline highlighted on the graph and reach the right shoulder zone as orchestrated, we might look into taking short positions and aim for the 2.07 destination in the upcoming long run.Shortby Investroy5
Silver Bump and Reversal?The "parabolic" Trend was broken yesterday. The longer term trend could coincide with 50% Fib retracement from the latest up move.by tsurutasani111
Hear's a next week analysis on XAUUSDLet's take a look at the technical analysis for XAUUSD shared a chart for the reference onlyLongby forex_fundaa3
DO WE HAVE A POTENTIAL SWING TRADE ON GOLD? There are no certainties in trading, only probabilities... Let's see how this one pans out. Longby babaofijebuUpdated 3
Crude Turning BearishAs shown above, Expecting a reset of previous support zones. Shortby User-Optimized1