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Goldsell

Continue sideways ! Gold price stuck below $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues with its struggle to make it through the 50-day Simple Moving Average (SMA) pivotal resistance and trades with a mild negative bias during the Asian session on Wednesday. The commodity, however, remains confined in a familiar range held over the past week or so as traders prefer to wait for more cues about the Federal Reserve's (Fed) policy path before placing fresh directional bets. Hence, the focus remains on the release of the FOMC meeting minutes later today. This, along with the Nonfarm Payrolls (NFP) report on Friday, might influence expectations about the Fed's future policy decisions, which will drive the US Dollar (USD) and provide a fresh impetus to the non-yielding yellow metal. ⭐️ Personal comments NOVA: Gold price is still stuck in the fluctuating range of $2310 - $2350, waiting sideways for NF news this week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2304 - $2302 SL $2297 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2348 - $2350 SL $2355 TP1: $2340 TP2: $2330 TP3: $2320 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ 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 longest
OANDA:XAUUSDShort
by Nova-Scalper
5
GOLD [XAU/USD] Sell Structure for the Month of MayAnalysis of Gold Price Movement in May 2024 For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at 2339.56 , followed by the open price of 2321.07 . Key rules to follow when trading this structure include: 1. Market Structure (OHLC/OLHC) 2. Divergence 3. TDI Cross When these conditions align, the likelihood of a successful trade increases. Remember to practice patience and apply proper risk management techniques. Kindly support this idea, Follow, Share and like :)....
ICMARKETS:XAUUSDShort
by ezeepips
GOLD - Short trade forecast / Sell trade opportunity !Hello Traders! I am looking for a short trade from the supply & OB resistance zone. I expect to see a 50% retracement which could be turned into a 2R profit target. Keep in touch and all eyes are on the next move 👀 Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. www.tradingview.com
TVC:GOLDShort
by GoodTradeST
DOWN trend for gold!! under $2300⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues its steady movement below $2,300, approaching a two-week low. The Fed's unexpected hawkish stance earlier this month, predicting only one interest rate cut in 2024, bolsters US Treasury bond yields and hampers the non-yielding gold. The global equity markets' underlying bullishness also limits the upward potential of this safe-haven metal. ⭐️ Personal comments NOVA: Gold price reached the target area of $​​2300 yesterday, continuing the DOWN trend, waiting for price reaction when bears prevail. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2271 - $2269 SL $2264 TP1: $2276 TP2: $2284 TP3: $2290 🔥SELL GOLD zone: $2320 - $2322 SL $2327 TP1: $2310 TP2: $2300 TP3: $2290 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ 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 longest
OANDA:XAUUSDShort
by Nova-Scalper
5
DOWN trend for Gold!! Expected mark $2300⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) dips for the second day, hitting over a week's low during Wednesday's Asian session. Influential Federal Reserve officials' recent hawkish comments imply no imminent rate cuts due to a strong US economy. This boosts US Treasury bond yields and the US Dollar, negatively impacting the non-yielding gold. ⭐️ Personal comments NOVA: Gold price in the H1 trend line is decreasing - selling pressure exists. Pay attention to support areas ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2294 - $2292 SL $2287 TP1: $2300 TP2: $2308 TP3: $2315 🔥BUY GOLD zone: $2300 - $2302 SL $2297 scalping TP1: $2306 TP2: $2310 TP3: $2315 🔥SELL GOLD zone: $2334 - $2336 SL $2341 TP1: $2328 TP2: $2320 TP3: $2310 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ 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 longest
OANDA:XAUUSDShort
by Nova-Scalper
9
Accumulation price zone - XAU continues to trade below 2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower despite weaker USD. Stronger US PMI delayed interest rate cut, limiting gold's upside. However, safe-haven flows from geopolitical tensions in the Middle East and Ukraine may boost gold in the near term. Investors will closely watch the speeches of Fed members Lisa Cook and Michelle Bowman on Tuesday. Key economic data to pay attention to this week includes the final Q1 US GDP reading on Thursday and the May PCE Price Index on Friday. If there are signs of declining inflation, it could lead to expectations of Fed rate cuts in 2024, potentially weakening the US dollar and benefiting USD-denominated Gold. ⭐️ Personal comments NOVA: Gold price continues to maintain the price range below 2350 - 2300 today, a cumulative sideway price range. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2302 - $2300 SL $2295 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2341 - $2343 SL $2348 TP1: $2335 TP2: $2328 TP3: $2320 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ 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 longest
OANDA:XAUUSDShort
by Nova-Scalper
4
XAU/USD Shorts from 2,355 or 2,370 back downMy analysis for gold this week aligns with other pairs, where I am expecting bearish moves. Given the recent rise in the dollar, I am looking to join the trend and focus on selling opportunities. I have identified two nearby supply zones on the 6-hour and 12-hour charts as potential entry points. Once the price reaches these zones, I will look for signs of slowed momentum, distribution, and a change of character (CHOCH). From there, I will target the liquidity pools below, including trendlines and Asian session lows. Confluences for GOLD sells are as follows: - Price has been breaking structure to the downside on the higher time frame. - Price has left clean supply zones on the 6hr and the 12hr. - Lots of liquidity to the downside that needs taking - Trade idea is pro trend as price has been forming lower lows and lower highs. P.S. Currently, the price is at a decent short-term buy position that can be taken up towards the supply zone, provided the confluences are correct. If the price continues to drop, I will look to enter off a new break of structure (BOS).
OANDA:XAUUSDShort
by Hassan_fx
FAKE BREAK! Gold price maintains the DOWN price range below 2365✍️ NOVA hello everyone, Let's comment on gold price next week from 6/24 - 6/28/24 🔥 World situation: Gold prices fell over 1.70% on Friday due to positive economic data from the US, which reduced expectations of interest rate cuts by the Federal Reserve. The XAU/USD trades at $2,317, below its opening price after reaching a daily high of $2,368. The US economy showed mixed signals, with June's PMI readings surpassing estimates but the housing sector declining as Existing Home Sales for May fell compared to April's data. 🔥 Identify: Gold price had a FAKE BREAK to the 2365 zone then strong selling pressure on Friday, returning to the sideway price zone. Will continue to accumulate until the end of June 2024, maintaining below the 2365 area 🔥 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: $2338, $2365, $2385 Support : $2306, $2270 🔥 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 longest
OANDA:XAUUSDShort
by Nova-Scalper
4
Gold SellAs i have predicted earlier that gold will go down as it is forming a Bearish Flag pattren but at that time fundamental got in as a CPI news but i am still stick to the plan from a good Markup price of 2330 which is also a physiological level and a strong support became resistance through which gold has taken resistance almost 2 times in current scenario now gold is going upwards for liquidity sweep and then will rally down to fill FVG and take out sell side liquidity also in higher time frames and major trend of gold is down trend so we won't change our plan being bearish Keep trading guyz only take care of ur capitals R:R for money management is all what we traders have got We can't control the market but can control our losses
OANDA:XAUUSDShort
by Wakeel_Saab
XAU/USD Gold short from 2,360 back downThis week, I'm anticipating a bearish drop. I have a clean 12-hour supply zone that has caused a break of structure to the downside. At the start of the week, I expect the price to move towards this zone. If not, we might see a small reaction from the 2-hour zone, leading the price up to the 12-hour supply. Once the price reaches the 12-hour zone, I'll look for a Wyckoff distribution to form on the lower time frame, then sell the price back down to target the liquidity below, which I have identified as trendline liquidity. Confluences for GOLD Sellls are as follows: - Price has been breaking down and confirmed with a BOS on the higher time frame. - Lots of liquidity below in the form of asia lows and trendline liquidity. - price is near a good supply zone that has caused a break of structure. - ATH's was taken and enough liq for price to move back down. - This trade idea is along the with the current bearish trend. P.S. If the price breaks this 12-hour supply zone, I will wait for the mitigation of the 2-day supply zone.
OANDA:XAUUSDShort
by Hassan_fx