Get started

Goldusd

GOLD heading for under 2300$(06/18/2024)bears in the gold market still have the upper hand and selling pressure on gold still dominates the market. we believe the current price market will reach under 2300$ (likely 2285$ and 2266$) before doing a proper correction. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
OANDA:XAUUSDShort
by fortunamarkets
XAUUSD - 15m Sell ScalpOn the 15-minute chart, XAUUSD is breaking below crucial support trendlines, suggesting an increased bearish momentum. The weakening support, indicated by the failure to sustain above these trendlines, points to a potential decline towards lower support levels. Traders should be cautious as the breakdown may accelerate selling pressure, leading to further downward movement in the gold price. Monitoring the price action closely around current levels could provide insight into whether the bearish trend will continue or if a short-term consolidation might occur before any recovery attempts.
FX:XAUUSDShort
by Sober_Trading
Gold is in a downtrend and will fall sharplyGold prices (XAU/USD) may find support at the 50 EMA in case the price breaks out of a sideways range after initially trading off the May highs. XAU/USD has broken the main uptrend line and may be in a short-term downtrend. According to the mantra "the trend is the trend", the probability of price increase will continue to decrease. The 50 EMA at 2,310 USD and the May 3 low at 2,277 USD will be the final supports before gold prices fall further. The RSI indicator also dropped, surpassing level 50, further reinforcing this scenario. On the contrary, the resistance levels to pay attention to are the EMA 20 at 2,350 USD and the main resistance is the 2,400 USD area, corresponding to the main trendline of the rising wave from the beginning of the year. To overcome these levels will require a lot of effort from buyers and enough momentum and is unlikely to happen in the short term.
TVC:GOLD
by SantaTradeGold
Gold Prediction(5/7/2024)in our last analysis, We had anticipated the price drop in gold. still, We believe the gold price OANDA:XAUUSD has more room to fall more. As you can see the price made a sharp decline last week. after that during the week corrected, right now geopolitical matters seem calm so the market is shorting gold. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
PEPPERSTONE:XAUUSDShort
by fortunamarkets
My Gold Buying ZonesI see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a resistance break above ~2078.25. No need to get spooked by a dip; Next fibonnaci support and trend support looks to be around ~1562.64. This is not trading or investment advice .
SAXO:XAUUSDLong
by GoldArti
Oh My Gold!- Everything is in graph. - maybe Gold will start a new rise after BTC Halving. " In a bearish market, investors typically prefer to buy gold, and at times of high inflation and market volatility, gold is considered by many as a 'safe haven' asset. " - This was the definition of a safe heaven i found in Google, but this have no more sense in 2022.. - if you bought GOLD in 2011 ATH and sold in 2022, you would have made somehow zero benefits or lose your money because of lack of patience. - How much money you would have made buying Bitcoin in 2018 ? ( no need to push the date to 2011..) if you really want to know what is happening now, it's really simple and logic : - The New Generation is impatient, they buy BTC and Cryptos, they take risks. - They make much more money and faster money than buying a corrupted metal controlled by Governments ( Thanks to Nixon's Team in 1971 ). - When Cryptos Bull runs burst to new ATH, smart peoples drop Cryptos to buy Gold, Rolex, Graphic Cards, and Lambos or RS7 ( a joke for my friend Baba ) - in a worst case of world war, it's much more simple to have a Ledger in the pocket than move with 50 Kgs of Gold in a bag. - The New Money is in the Blockchain. Happy Tr4Ding !
TVC:GOLD
by thecryer
22