Gold countdown to the FedA few scenarios for both the Fed and Gold are outlined in the following video. Hold onto your hats! 17:02by Ross-J-Burland0
Long trade (1min TF observation) Buyside trade Wed 18th Sept 24 12.14 pm LND to NY Session Entry 15min TF Entry 5692.25 Profit level 5707.25 (0.26%) Stop level 5690.25 (0.4%) RR 7.5Longby davidjulien369Updated 0
NQ FOMC SpeculationKind of in-between for the FOMC move but I am expecting volatility would ideally like to see todays HOD get taken for the continuation towards the downside.by SayonaraSan0
Man's dreamWhat if? AFTER FOMC PROJECTION The Federal Reserve is preparing for its first interest rate cut since the COVID-19 pandemic began in March 2020, USA TODAY reported. The Federal Open Market Committee is expected to lower its benchmark rate, currently at its highest level in 23 years, during Wednesday's meeting. While economists do all agree that a rate cut will happen, forecasts are varying between a 0.25 or 0.5 percentage point reduction. by kmiarka0
Man's dreamWhat if? AFTER FOMC PROJECTION The Federal Reserve is preparing for its first interest rate cut since the COVID-19 pandemic began in March 2020, USA TODAY reported. The Federal Open Market Committee is expected to lower its benchmark rate, currently at its highest level in 23 years, during Wednesday's meeting. While economists do all agree that a rate cut will happen, forecasts are varying between a 0.25 or 0.5 percentage point reduction. by kmiarka0
Technical Analysis of Gold Price – Long-Term PerspectiveGold is currently in the peak phase of a major impulsive wave within this cycle, showing no signs of weakness in the short term. The price continues to exhibit a strong upward trend, moving within a clear technical structure. It is important to note that this analysis does not focus on the specific time period but rather on the trend and cycle. This approach offers a clearer understanding of the market dynamics and helps identify the broader direction of the price. Short-Term Pullback Gold is expected to experience a pullback to the zone between $2470 and $2430 before resuming its upward trend. This area represents a key support zone where the market may find renewed buying interest and continue its impulsive wave. Impulsive Wave Toward $2700-$2750 Following the pullback, the price is projected to enter a new impulsive wave, targeting the $2700 to $2750 range. This area marks the next significant resistance level, and a consolidation phase could be expected here. Consolidation and Potential Breakout to $2970-$3000 After reaching the mentioned range, the price might consolidate between $2700 and $2970. The key resistance level is at $2970-$3000, and a breakout above this level could signal a significant price rally. Expected Correction to $2550-$2250 If the market fails to hold above $2970-$3000, a correction towards the support levels between $2550 and $2250 is possible. This correction could present a new buying opportunity before the final impulsive wave begins. Final Impulsive Wave Toward $3500-$3870 The last wave of this cycle could push gold prices to new long-term highs in the $3500 to $3870 range. This phase is likely the final impulsive move before a more substantial correction or long-term consolidation occurs. Time Aspect While the specific time frame is not the focus of this analysis, it is important to highlight that gold is entering a "discovery" phase, where prices are moving into uncharted territory. As a result, price behavior becomes increasingly unpredictable. Therefore, this is a general outlook of gold, with no precise timing provided. Disclaimer: This analysis is provided for educational purposes only and reflects my personal view of the market. I am not a financial advisor, and anyone considering trading or investing should conduct their own analysis or consult with a licensed financial advisor before making any decisions. Trading carries significant risk, and each individual is responsible for their actions in the market. by RhinoAkaBear0
Gold on the Edge: Rising Wedge Breakdown or Support Bounce?4-Hour Chart: Consolidation Below All-Time High: After reaching the all-time high, the price is consolidating in a rising wedge pattern. This formation reflects indecision in the market, but the overall structure suggests potential for a downward move. Key Levels: 4H LQZ TP1 (2,550.342): A strong support level and a possible target for short positions if the price drops. 4H LQZ TP2 (2,522.172): The second support level, likely to attract buyers if tested. Strategy: If the price breaks down from the rising wedge and fails to hold support at 2,550.342, a move toward 2,522.172 could be expected. A reversal could occur at either of these liquidity zones. 1-Hour Chart: Descending Channel (near support): The price is trending lower after failing to break above the all-time high. The descending channel is not steep, suggesting mild bearish pressure. Support Levels: 1H LQZ (2,542.481): Immediate support for the current descending structure. 4H LQZ (2,522.172): Deeper support, aligned with the broader market structure, giving more room for a potential pullback. Strategy: A break below the 1H LQZ could accelerate the sell-off, targeting the 4H LQZ. Watch for consolidation or buying pressure at these levels, as they are potential reversal points. 15-Minute Chart: Rising Wedge: The price is forming a rising wedge pattern, which is typically a bearish signal, suggesting potential weakness in the uptrend. The price has made lower highs while testing a crucial support zone. Key Levels: All-Time High (2,589.652): The price tested this region but has failed to sustain momentum above it. This could indicate a major resistance level. 1H LQZ (2,542.481): The first level of significant support, serving as a take-profit target (TP1) for short positions. If the price breaks below, it could accelerate toward this level. 4H LQZ (2,522.172): The next key support zone (TP2), which could act as a strong buying area if the price corrects further. Strategy: Watch for a potential breakdown from the rising wedge. A confirmed break below the wedge and support levels could indicate a stronger move downward toward 1H LQZ or 4H LQZ. Overall Summary: Bearish Bias: Across all time frames, the rising wedge formation points to potential bearish pressure, especially with failure to break above the all-time high. Key Levels: The all-time high (2,589.652) remains the major resistance. Watch for reactions around 1H LQZ (2,542.481) and 4H LQZ (2,522.172) for potential support and buying opportunities. Breakout or Breakdown: If the price breaks below the wedge patterns on the 15-minute and 4-hour charts, further downside toward the liquidity zones is likely. However, a rebound could signal renewed bullish momentum. This setup is perfect for monitoring entry points based on key support/resistance levels and the wedge formations' breakdown potential.13:39by MommaPreneur0
XAUUSD SHORTShorts on gold from valid LH in internal structure, bearish PA from london POI, expecting to tap the next target to create a valid LL in internal structure and a valid HL in major structure, federal rates might give the volatily for this.Shortby samcashx0
VX Paths Ahead of FOMCVX will be very important to monitor during today's volatility. For a basic short term view, I think this chart will work well. For the center line in the sand we have the 19.20 level. We also have some shorter term trendlines along with some more major support and resistance. So we can just look for VX to break or come into these areas. For now, if VX remains below 19.20 and has a trend break to the downside, I'd expect bullish action on equities and for VX to head back to 16.45. Otherwise if VX can reclaim 19.20 and sustain a breakout, I'd expect it to hit the 22.60 area. Major resistance: 22.60 Major support: 16.45 Middle: 19.20by AdvancedPlays1
BTC - Rate Cut ScenariosHello traders, Briefly I wanted to give my thoughts on what we might see develop with the price action of BTC today. No matter what I believe these rate cuts will lead to the continuation of the bull market in the macro structure but it is possible to have a short term pull back before. We are viewing the CME chart as we still have a gap to the downside around $53,000-$54,000. It would be ideal to have price fill this level before breaking out of its multi month falling wedge. Based on the charts there are two main scenarios: The first scenario is we get a pop to the upside to test the white trendline ($64,000-$65,000) and then maybe retrace one more time to fill the gap. The second scenario is we get an initial drop to fill that gap which would put price somewhere between ($52,000-$54,000). Price would retest the green trendline or just fill the gap and then we continue the run to the upside. We no longer have to worry about the downside risk as much once we see daily candles on the CME chart close above the orange line. Once we see a 3D candle close above $71,300 that will give us the confirmation of the next leg of the bull market starting. by VIAQUANT0
Nifty Gift nifty buy signalRisk taking trader can buy if this starts buy tomorrow we can expect a gap up on nifty Happy trading 🥰 Longby TRADING_MASTER_DAVIS111
gold analyse Il est important de bien savoir qu'elles sont les liquidités en attente et atteinte du marché afin de savoir le véritable biais directionnel pour se placer en tout sécurité. #smvby KarnajFx0
gold analyse Il est important de bien savoir qu'elles sont les liquidités en attente et atteinte du marché afin de savoir le véritable biais directionnel pour se placer en tout sécurité. #smvby KarnajFx0
Gold Fomc Movement Buy/SellGo through the analysis carefully, and do trade accordingly. Resistance- 2589-2591 Resistance-2612-2616 Support- 2571-2565 Support-2551-2555 Support-2541-2545 Strong support area- 2531-2535 Gold Signal Daiky for the week Current price- 2572.3 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605, 2618" Advice-For Buying Best buying area= 2535-2540 For selling Best selling area= 2600-2616-2630 -POSSIBILITY-1 If 2561 break and sustain then you can sell gold with retest target will be 2545-2535 -POSSIBILITY-2 If it breaks 2591 and sustains then you can sell gold with retest target will be 2616-2630by Goldsignaldaily0
GOLD: Local Correction Ahead! Sell! Welcome to our daily GOLD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,564.053$ Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals111
SELL GOLD TODAY DUE TO FED 25bps CUT OVER 50bpsPrice will fall over today FED 25bps cut over 50bps high anticipation, Overbought Gold will fall from high to 2540 to 2520 level, God willing 2569-2575 SL 2583 (Trade till 2581) 2587-2592 SL 2603 (Trade till 2601) 2608-2613 SL 2627 (Trade till 2625) GOD WILLINGShortby forextrade119Updated 1
WTI Crude Oil (4h) Technical AnalysisWTI Crude Oil continues to trade within a descending channel, reflecting a broader downtrend that has been in place since early August. The price is currently hovering around the $69.93 level, attempting to break through a significant resistance zone near $70.64. This resistance zone aligns with the upper boundary of the channel, adding further strength to the resistance. Key levels to watch include: Immediate resistance: $70.64 Support: $68.23, which has acted as a solid level over the past few sessions. If the price manages to break above $70.64 with sustained volume, it could indicate a potential trend reversal. However, failure to break this zone could result in a continuation of the downtrend, with the next key support levels at $68.23 and $65.01. The volume profile suggests strong resistance between the $69.50 and $72.00 range, with a notable drop-off below $68.50, indicating low demand in that region. A break below $68.23 could drive prices toward the lower boundary of the channel near $65.00. Outlook: Bearish within the descending channel unless a breakout above $70.64 occurs with strong momentum.by AngshumanSaikia1
BANKNIFTYBANKNIFTY levels are based on imbalances 1. gapup 53000 long 2. 53000-52550 trade reversal 3. gapdown 52550 shortby subhankarsahoo0
NIFTYNIFTY levels are based on imbalances 1. gapup 25475 long 2. 25450-25350 trade breakout 3. gapdown 25350 shortby subhankarsahoo0
YM - $42,070 Looking Weak...With huge news releases this week, it is expected that big movements will occur. It's just that right now, for this week, after all-time highs was booked, we haven't seen any dramatic movements as of yet.08:09by LegendSince0
gold uptrend viewgold will crash after this wave go up to 2600-2700 prices area!!!i think the last uptrend moves r reaching their termination and we will see a big crash in GOLD in next two years Shortby omidtrader13670
Market headlines for OilOil prices pared recent gains as US crude inventories unexpectedly increased by 1.96 million barrels, according to the API, contrary to forecasts of a decline. Investors are cautious ahead of the Fed's interest rate decision, with growing speculations of a 50 basis point cut that could boost economic activity and oil demand. Rising tensions in the Middle East are raising concerns over potential supply disruptions that could support oil prices in the near term. However, the gains could be limited as weakness persists in China, one of the world's largest oil importers. by Exness_Official0
Analyze the impact of interest rate decision on crude oilI'm sure you all have your eyes on the upcoming Federal Reserve meeting. For a possible rate cut, it shows a 67 percent chance of a 50 basis point cut. A dovish Fed decision could lower borrowing costs, spur economic growth and support oil demand. However, deeper production cuts could also signal underlying economic weakness, which could weigh on crude prices in the longer term. Weaker demand for crude, however, has kept prices in check. But there are still these bullish supply-side factors. So I think you can buy at 68.6 today TP69.6 TP70.6 TP71.6 SL67.6by Christi0Updated 2