GOLD OUTLOOK for week of Sun. Dec. 22Continuing my bearish bias to close 2024 for both Gold and Silver. Anticipating shallow runs into bearish imbalances to continue price lower towards failure swings below current price. Shortby chaarate1
XAUUSD position Setup As we can see that rejected from 2632 area which means gold is below the previous consecutive candles on M1 chart which means our.eys will be at 0.318 Fib level ,however this thing happens only when this month candle closes below. On the other hand, Inverse W pattern is completed last week on weekly charts and shows the bearish signs if gold rejected from 2632-35 cluster of Resistances. On H4 what possible scenario we have? Gold is in formation on Inverse M pattern and rejected last Friday from 2632 area and gives the closing below. If 2632-35 area break.then our next target will be 2670 . Market is going to restest again 2632 area once market will opened. For bearish if any H4 candle closes below 2620.support area then our bullish charts.will be invalid . Longby Forexmaestro1210
XAUUSD 99% confirm Gold (XAU/USD) is trading with a moderate positive tone on Friday following the sharp sell-off earlier this week. Cooler-than-expected US Personal Consumption Expenditures (PCE) Price Index data on Friday has increased selling pressure on the US Dollar, although the precious metal is struggling to put a significant distance from the one-month lows hit this weekPCE Inflation has increased 0.1% in November, against expectations of a 0.2% increment. The yearly rate accelerated to 2.4% from the previous month's 2.3% reading, still below the 2.5% anticipated by the market consensus. Likewise, the Core PCE eased to 0.1% from 0.3% in October while the yearly inflation remained steady at 2,8% against market expectations of an uptick to 2.9%from heavily oversold levels. The broader trend, however, remains bearish. The pair is struggling to find acceptance above $2,600 and the Relative Strength Index (RSI) in the 4-hour chart remains flat at levels below the 50 threshold, highlighting the bearish momentum. Immediate resistance is at the $2,605 intra-day high, with the key resistance area to challenge the bearish trend at the $2,625-$2,630 area (November 28, December 2 lows). On the downside, supports are at Wednesday’s low at around $2,580, ahead of November’s trough at $2,540. Shortby KingForex0784
XAUUSD WEEKLY ANALYSIS Hey guys I’m back again for my weekly analysis so we didn’t get a nice entry on gold last week but price played out on the bearish side but no confirmation to execute so we avoided a loss umm this week yeah same analysis and i will be looking for only sells, if we get a nice breakout below and a retest with a confirmation I will execute for sells and this will be my last weekly analysis for the year…let’s have a great week guys….Shortby THATGUYMAZINO0
$usoilsitting below range lets see if it reclaims then flips the 200 ema above confluent with a break in downtrend IF so should go for range high above invalid IF we loose the thin red line Longby CompoundingGain0
$silvertook liquidity below 200 ema Dixie poke above its trend line daily closed above the 200 which is awesome now just wanna see the blue line above reclaimed for us to have a crack at $35-37 depending on where we open you could short this bubba with invalidation above blue line as for me holding for the eventual chad candleLongby CompoundingGain8
XAUUSDXAU/USD, representing gold priced in US dollars, is a popular trading pair that reflects the value of gold against the US currency. Its price is influenced by factors such as global economic conditions, central bank policies, inflation rates, and geopolitical events. During times of economic uncertainty or market volatility, XAU/USD often rises as gold is considered a safe-haven asset. Conversely, when the US dollar strengthens or interest rates increase, the pair may decline due to reduced demand for non-yielding assets like gold.Shortby HavalMamar0
Could the Gold reverse from here?The price is reacting off the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 2,627.88 Why we like it: There is a pullback resistance level. Stop loss: 2,655.19 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Take profit: 2,585.75 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Shortby VantageMarkets11
XAUUSDHI Dear Traders. Overview of XAUUSD GOLD Market To Buy Side. Resistance Zone 2640/50 Support Zone 2620 /15 Check my Chart for and like and also Share idea in comments Thanks. Longby Royal_Forex_Level1
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for the levels of resistance above at the 2670-75 region where we anticipated the short trade to come from and the lower levels of support standing at 2630 where we wanted to see a reaction in price. We managed to get the short just below around the 2665 region giving us a nice start to the week in Camelot, targeting lower and breaking through 2630. We then continued to short completing the bias target levels as well as the red box targets which were shared with the wider community. Pre-FOMC we suggested traders pause and wait for the reversal which we managed to get based on the indicator and the FOMC report enabling us to capture the move upside into the close of the week, giving us a phenomenal pip capture on Gold. Add to that the other pairs we’ve traded and analysed through the week, and it was a nice end to week giving us an opportunity to now take it lightly for the remainder of the year. So, what can we expect in the week ahead? For this week we will be expecting thin volume so potential for ranging and slow movement with sudden burst of unexpected volume. We again have the key level of 2630-35 above which is a reasonable target region for the start of the week as long as the support level just below here holds us up 2610. If we can start the week with a move into that region we feel an opportunity to long is there with the first region being 2630 and above that 2635. 2635 is the level we’re anticipating a break of into the higher levels of 2650-55 and above that 2660-6, which is where we ideally want to be waiting for the short opportunity to take this back down into the lower levels with potential to then break below the 2600 level. We say it a lot but this week and most probably for the remainder of the year we will be taking this level to level, hence the report is showing you’re the 4H red boxes which together with our 15min and 1H indicators work well to capture the moves for intra-day trading across all pairs. KOG’s bias for the week: Bearish below 2660 with targets below 2610, 2596, 2580 and 2578 Bullish on break of 2660 with targets above 2667 and above that 2670 RED BOXES: Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move Break of 2610 for 2606, 2590, and 2680 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG by KnightsofGold1212126
THE KOG REPORT - ELECTION SPECIAL COMPLETEDKOG first published this chart at the beginning of November prior to the US Election with our view of the movement expected and the trade plan for the month. We highlighted the path with the Red arrows and added the green arrows with the actual movement. As you can see, we weren't too far off with the projection using it to then trade the levels intra-day and for the swings successfully. It's worked well and combined with our tools, indicators, algo and target activations we can honestly say it's been another great year in Camelot. We will end this idea here and mark it as completed at the green arrow point above. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG by KnightsofGold2241
XAUUSD XAUUSD Gold Seems In Buy 1st Target 2640.00 2nd Target 2660. 00 To Possible Suggestions For Traders Use It And Till To Hold Until Last Target Keep FallowLongby AGAO_TRADERS1
Review and plan for 23rd December 2024Nifty future and banknifty future analysis and intraday plan. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT Short10:48by vinaysh2
#ES_F Day Trading Prep Week 12.22 - 12.27/24Last Week : Last week we had contract roll and Fed week, for over 2 weeks price kept holding around/over 6074 - 54 HTF Edge which also happened to be Daily Edge as well which makes it a significant area. We kept holding at/above it but we would not get any pushes or acceptance inside new Value and instead we kept seeing sells from every push attempt into new VAL. Contract roll came again giving us a gap in prices which put new contract inside the Value of new HTF Range where we were able to balance while waiting for the Fed. After the Fed announcement we got a sell down towards the lower Edge and filled the Roll Gap we created, but we also took out the Edge fully which had over 2 weeks of Supply built up over it and it caused more aggressive selling which gave us a HTF Edge to Edge move to finish up that Day which put back in 6074 - 5913 HTF Range where we have previously found acceptance in. Thursday we didn't get continuation under the Edge, instead we had selling from Ranges Value which closed right into the Edge. Friday Pre-Market price got under the Edge and made a push for lower Value but we didn't quite make it to take the swing stops which were under 5860s and instead we ran out of supply, rotated back above accepted Ranges Edge and pretty much got short covering before the weekend/holidays to take us all the way back up to the upper Edge where we failed under with price settling back inside Ranges Mean. This Week : We have last week of the year pretty much, Holidays coming up and we had some crazy moves up and down last week that gave us big ranges after we spent quite a bit of days going back and forth inside smaller ranges, so what can we expect this week ? It could definitely be a tricky week, as there are always chances for more continuation to the downside, chances to keep rotating higher so we have to be on the look out, but from what structure and price so far is telling us is that we have found acceptance back inside 6074 - 5913 HTF Range, we are back under Daily Edge with Supply still above us, with shorter Holiday weeks coming and end of year, will we get more crazy action or will things possibly slow down again as we will have much fomo from the flush down and from the rally up that was probably missed by many. Price is currently back inside 6023 - 5973 Intraday Range where it found some balance before, IF we don't get the volume selling or buying then we could see price to balance inside/around this Intraday Range and stay around this current HTF Ranges Value, after failing at VAH we could still target moves towards VAL and if there is enough Volume we could even see it try to push out of VAL but we have to be careful because if we don't find acceptance on pushes over VAH or under VAL then we could continue seeing price come back inside the Value and continue balancing around it. Careful for ranges to become smaller again which means its not time to be greedy and focus on good entries and smaller profit targets. If we do get acceptance over or under the Value we would need to see good moves into or through the HTF Edges for us to see attempts to move into different Ranges Values. by HollowMn1
XAUUSD_4H_SellAccording to the important trend line and the probability of breaking the trend line, Anas Gold will have more ability to fall. Resistance and important long-term number $2650 This week's important number is $2624 If we keep the number 2624 as resistance, we will fall towards the number 2570 and 2550 dollars.Shortby Elliottwaveofficial1127
XAGUSD Silver BEARISH - Head & Shoulders and Wedge BreakSilver has two patterns on the Daily TF that indicate a bearish direction ahead. There is a complete Head & Shoulders pattern and also a Rising Wedge pattern that has been broke. Silver (XAGUSD) has recently had a bullish retracement to re-test both patterns and should start falling soon. Short-Term TP = $28 Long-Term TP (from Head & Shoulders) = $24.60 Long-Term TP (from Wedge) = $20.70 I expect the short-term TP to be hit at least. The longer-term TP's may or may not be reached. What will probably happen is that the Head & Shoulders target will be reached and Silver will hold up around the $25 level. NOTE : I personally love Silver and think it's a great long-term investment. I also consider it a highly manipulated market. I am bearish now based solely on the chart, but keep in mind that anything can happen with Silver!Shortby EACoders2
Another drop for gold?Hi traders, Last week XAUUSD made a very small correction up, dropped and took the liquidity under the lows. After it came into the Daily Balanced price range (BPR), it made a correction up into the higher Daily FVG. Next week we could see price go lower again from here to finish the (orange) A-B-C Zigzag correction. Let's see what price does and react. Trade idea: Wait for a change in orderflow to bearish to trade shorts. If you want to see more from my analysis, please make sure to follow me, give a boost 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 trade signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading9
Silver’s Deep Retrace: Long Setup with Bullish Potential I’ve entered a long trade on Silver (XAG/USD) after observing a deep retrace to the 0.7 Fibonacci level on the daily timeframe. The entry at $28.96 is positioned strategically based on historical support and the current technical setup. The stop loss is set at $26.54 to mitigate risk, while the take profit target is $36.00, aligning with a potential bullish continuation. In the bearish scenario, a break below $27.50 will prompt a reassessment and tighter risk management. Conversely, on the bullish side, breaking above $32.50 will strengthen the case for holding towards the TP. Silver’s price action showcases its potential for a significant bounce back, supported by current geopolitical and macroeconomic conditions. Fundamentals: 1. Federal Reserve’s Hawkish Stance: The Fed’s updated projections for rate cuts in 2025 have pressured silver prices, as a stronger dollar and rising Treasury yields (above 4.5%) diminish the appeal of non-yielding assets. However, easing inflation in the long term could rejuvenate demand for precious metals. 2. Geopolitical Tensions: Although silver traditionally benefits from uncertainty, recent macroeconomic headwinds, such as concerns about tariffs under the new Trump administration and sluggish global economic recovery, have overshadowed its safe-haven status. 3. Industrial Outlook: Challenges in the industrial demand for silver, particularly from China’s solar panel production slowdown, add pressure. However, as inflation stabilizes and geopolitical risks unfold, silver could regain its industrial and safe-haven allure. Technicals: • Entry: $28.96 • Stop Loss: $26.54 • Take Profit: $36.00 • Key Levels: • Bearish Scenario: Manage position below $27.50. • Bullish Case: Strength above $32.50 confirms upward momentum. This setup leverages a confluence of technical retracement, macroeconomic factors, and the potential for a trend reversal. Stay sharp and pay yourself as the market unfolds. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.Longby AR33_4
XAGUSD SELL PROJECTION XAGUSD (silver 🥈) moves just like gold but we can see price in a downtrend, and we expect price to return to that zone and it did , so we go short. Really not good with this explanation things that's why I made my chart self- explanatory Shortby Silveryekerete4
XAUUSD SELL PROJECTION We can see price was in an uptrend, but changed character and we downtrend, there will be a continuation of that downtrend. Shortby Silveryekerete6620
XAUUSD SELL PROJECTION We can see price was in an uptrend, but changed character and we downtrend, there will be a continuation of that downtrend. Shortby Silveryekerete3
ICT TURTLE SOUP TRADING STRATEGY Here in this video i show you ict turtle soup trading strategy you can use to make a profit . There are two strategy mentioned which is reversal pattern and continuation pattern . So You need to practice it very well.Education15:02by FrankFx140
Unveiling the Path: Silver's JourneyHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts Longby ForexMasters20002