XAUUSD 4h AnalysisI expect that after hitting the specified box, the price will move upwards to reach 2632 or even higher.by nariman8891224
GOLD/XAUUSD UPDATED LONGTERM VIEWHello traders, we might see a 3000 per ounce of GOLD/XAUUSD end of year or next year. This is not a financial advice, I see on Weekly candle only but the chart is on lower timeframe. WE wait below the zone. those previous idea still valid. if you can wait we wait the zone for LONGS. This is only my view. Lets see how this idea plays. For more Longterm views on FOREX, CRYPTOS or other Currency follow for more. youre here for free see it for yourself. Thank you for some people still following me even thou Im not totally active on posting on charts. Im focus on Longterm view. ciao......Longby D1GITALTRADESUpdated 3
GOLD Weekly Outlook: 2024 Week of December 16Monday December 16 BEARISH towards 2600 For Intraday Speculation and updates, feel free to connect to the Trade RoomShort08:23by G-MoneyFXUpdated 2
Potential LongPlan now is to wait for London session and watch the inversion fvg on the 15 minute to see if potential longs will form... that void is low resistance to trade up againstLongby DanielBlaxks2
Smart Gold Trading Strategy: Catching the Next Big Move! Hello, traders! 👋✨ Welcome to a new market analysis. Today, we’re diving into a trade on gold (XAU/USD) on the 1-hour chart. 🚀 This precious metal continues to provide great opportunities, and this time is no different. I’ve decided to go long at the 2670 level, and here are the details of my strategy: - Entry (Long): 2670 - Take Profit (TP): 2734 - Stop Loss (SL): 2606 This trade is supported by technical analysis. The price appears to be holding a key support level, and indicators are signaling potential for an upward move. The stop-loss is set at 2606 to protect against unexpected reversals, while the take-profit target at 2734 aligns with a strong resistance zone. The risk-to-reward ratio here looks very promising. 📈 While my target is set, I’m always ready to adjust. If I see an opportunity to take profits earlier, I won’t hesitate to act. Staying flexible is key in trading! 📊🚀 What do you think of this setup? Are you trading gold this week? Let me know in the comments, and don’t forget to like and subscribe for more trading insights! 🔥 Disclaimer: This content is for educational purposes only and is not financial advice. Trade at your own risk and consult a professional before making investment decisions.Longby MetalsMineUpdated 0
Gold Wave Analysis 18 December 2024 - Gold under bearish pressure - Likely to fall to support level 2555.00 Gold under the bearish pressure after the earlier breakout of the key support level 2617,00 (which is the lower border of the sideways price range inside which the price has been trading from November). The breakout of the support level 2617,00 stopped the earlier impulse wave 3 of the higher order impulse wave (5) from last month. Gold can be expected to fall further to the next support level 2555.00 (which stopped the earlier medium-term correction (4) in November). Shortby FxProGlobal0
A Sprint to the downside!Based on Fed comments the S&P 500 on the daily chart sprinted to the downside creating volatility that has not been seen since 2001. The expectation would be for the market to move lower but not a dramatic move as the market catches its breath.02:50by DanGramza2
GOLD | Temporary BearishThe US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward pressure. Shortby GOLDFXCCUpdated 3
XAUUSD H6 Bearish Important Gold Update The US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward pressure. Stay informed: News is noise, charts are facts.Shortby GOLDFXCCUpdated 8
Where May Equity Markets Finish For 2024?As we are approaching year end, this is a great time as a trader to go back and see how different markets performed relative to the positions you had throughout the year. Many different sectors had excellent performances this year such as the precious metals complex, with Gold hitting all time high levels, and the crypto market led by Bitcoin. With that said, the ES contract has hit a new all time high this year and is trading right near the $6,000 level which was first achieved this year. Traders often reference the “Santa Clause Rally” referring to a move higher in markets to finish out the year on a high note. With the year winding down, there are only a few more trading days along with some important economic data that will have an impact on how prices settle for the end of the year. Also, with the selling pressure seen today across several markets, there would need to be a catalyst to send prices back near all time highs. Looking ahead to next year, there is still a lot of uncertainty about the markets based on tensions in the Middle East, a new presidential cycle starting in January, and the Fed’s plans for rate cuts or pauses for 2025. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. by CME_Group2
XAUUSD Another Short Setup On the Daily chart, Gold seems to be creating a lower low indicating a downtrend after hitting a new record high. TP and SL are marked. Risk no more than 1% Always do your analysis before following this trade setup Once the trade is over 100 pips in profit move your SL to breakeven. Follow for more swing trade analysis Shortby PotentFXUpdated 4
2024-12-18 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax futures - Neutral. Big up, big down, big confusion. Can the selling continue and accelerate? Yes. Can we also see a bigger bounce from 20000? Also yes. Not as easy to trade as you might think because bounces can be big and you have to trade really small. Huge volatility is not the time to swing for the fences. 19802 is the next target for bears (breakout retest) and chances are good that we get there. 20000 is a very important number and that is why the path leading down to 19800 could be choppier than your account is comfortable with. comment : Bull trend is likely over and I will give my bigger outlook on the next weekly update. US session closed it around 20000 and that price is the obvious magnet. 1h close below brings 19800 in play but it’s also possible that we bounce from here. Selling was strong enough that the best bulls can get over the next days is some sideways movement. Don’t short the hole. We have quad witching this week and markets can always do a huge pullback. current market cycle: bull trend is very likely over - expecting more sideways until end of 2024 before the real selling can begin key levels: 19800 - 20400 bull case: Bulls could be running for the exits to secure the profits. It’s hard to tell in quad witching weeks because prices tend to get distorted. In any case the upside will very likely be limited now. Best bulls can hope for tomorrow is sideways around 20000. Any bounce above 20200 would surprise me. Invalidation is below 19800. bear case: Huge day for the bears and they want to accelerate this down to trap many late bulls. 19800 is the breakout retest and their next target. If we drop below, this could get really nasty. 19600 is close to the big bull trend line and other markets have already broken theirs, so it could happen this week. If you still have long positions, I would not hope for a huge year end rally and just get out. Invalidation is above 20400. short term: Neutral around 20000. Bears need follow through down to 19800 and they can get it but always remember, markets can have huge pullbacks and huge volatility comes with big risk, so trade small. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: None trade of the day: Choppy EU session and it closed near the open. FOMC totally changed the markets and now it comes down to tomorrow’s follow through by the bears. No trade of the day. You could not have known what Jpow says and how markets react. Don’t fool yourself.by priceactiontds0
2024-12-18 - priceactiontds - daily update - sp500Good Evening and I hope you are well. tl;dr sp500 e-mini futures - Neutral. Selling was too strong to be just a pullback in this bull trend. Best guess is that the trend is over and we are in a huge two-legged correction down to 5800 or lower. 5927 was the low from my W2 and we can expect sideways to up around this price. The lower bull wedge trend line should get a retest. comment : Bull trend is over. We are likely in a trading range the next weeks until we begin a new bigger bear trend. Bulls can still make a higher but it has gotten very unlikely after today’s selling. Huge follow-through would be down to 5800 but that’s a bit much for now. A bounce could retest the lower bull wedge line around 6000-6050, depending on when we get there, if we get there. current market cycle: trading range key levels: 5800 - 6050 bull case: Bulls might be running for the exits. Very interesting day tomorrow if bears can close another one below 6000 or if we trade back up. I would only take longs on very strong momentum. First target for bulls is 6000 and then 6050ish. Invalidation is below 5800. bear case: Bears with a huge surprise bar, changing the market character and ending this rally. Now their target is to keep the market below 6000 and then they have a chance of selling down to 5800. It is still somewhat unlikely to see bigger follow-through selling during these weeks of the year but it could happen. Right now it’s best to be flat and wait if bears want more blood. Invalidation is above 6100. short term: Neutral. Only small scalps for me to either direction. Can have bigger swings going into Opex on Friday. Expecting a bigger bounce going into the last 2 weeks of December and then much bigger selling in Q1 2025. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: Nope trade of the day: Nothing. Don’t gamble FOMC or other news releases.by priceactiontds0
VX hit 20VX: Daily: -broke a downtrend in momentum Weekly: (will publish separately) -hit the uptrend line and bounced away ES: breaking down YM: breaking down NQ: also large candle though support PA and rsi not broken yet it would be nice to get a bounce in the indices and pullback in the vx, but thats hard to tell with so many trend violations today. could see bounce, or just sideways hold before the next drop Notes: --yield curve no longer inverted; reverted this week --there have been a few one-day-wonder pulbacks in the market lately with a MM revival the following day; this feels different...Longby Lingamfelter1
GOLD Consolidation Ahead of Key Fed DecisionGold Technical Analysis Gold continues to consolidate between 2,638 and 2,653, awaiting a breakout. Currently, the price may attempt to test 2,638, and a 4-hour candle close below this level would confirm a bearish trend, with a target of 2,623. Conversely, stability above 2,653 would support a bullish move, with a potential target of 2,665. Today's Fed rate decision will significantly impact the market. A 0.25% rate cut would likely have a bullish effect. However, the key focus will be on Powell's remarks during the meeting—if he signals further rate cuts in the next meeting, this could strongly support a bullish trend. Key Levels: Pivot Point: 2645 Resistance Levels: 2653, 2665, 2678 Support Levels: 2635, 2623, 2612 Bearish Momentum: Below 2,638 Bullish Momentum: Above 2,653Shortby SroshMayiUpdated 9
A looon swing trade on gold !! This will test my patience levelsI consider this as an area where the price would reverseLongby dare_trader9
ES Resistance.I am not saying this is a short trade, but if we start breaking down in this area, I would expect lower on the ES. My fibs are pulled from the prior yearly swing highs. This is a major area of resistance. If we gain this box and hold we will go higher, but the hold must be on the high time frame charts like the monthly and quarterly. Thoughts? Shortby DALE-JRUpdated 0
Gold Futures Breakdown: Bearish Momentum ConfirmedGold Futures on the 30-minute chart have confirmed a strong bearish trend after breaking below key support levels. The price failed to hold near the Zone Identifier levels (2,655.9) and experienced a sharp decline following two consecutive sell signals. The breakdown below the moving average further strengthens the bearish outlook. Traders could look for short opportunities on pullbacks, targeting the next support zone near 2,600 while managing risk with stops above 2,660. This setup highlights significant selling momentum and a potential continuation of the downtrend.Shortby TradeTrendsPro0
ES down (weekly chart)today was fomc, ES dropped hard on a large kill candle Weekly chart: -looks like a reversal on price action; last week also had inc volume on small body candle, failing to break higher -the rsi (momentum) turned down a while back; the rsi looks to be moving toward the bottom of these combined channels - the green uptrend channel is very wide, so ES can make a big pullback and still be in a technical uptrend in momentum; tbd **I have not listened to anything related to FOMC yet; everything published here is pure technical analysisShortby Lingamfelter1
gold general plangeneral plan be careful this analysis is daily this is a general view on gold a bearish trend is emerging up to 2399 and possibility of going lower to 2000 and even to 1816 this bearish pace is the same for btcusdt and ethusdt present elsewhere a big correction is brewing for all other cryptos unless a rebound happens Shortby RODDYTRADING2
YM down - broke rsi channel, price action trendline brokenYM: Daily: -broke down hard from the rsi uptrend channel -obviously a kill candle today on fomc; broke hard below the uptrend price action W: (will publish separately) -also breaking below an uptrend rsi trendline/channel Note: the yield curve reverted to normal this week I expected that it would take several months before we saw a meaningful pullback, but the fomc may be a catalyst; tbd...Shortby Lingamfelter0
ES down - broke trendline, 50day, rsiES: Daily: -broke below uptrend rsi channel -broke below uptrend price action -inc volume Weekly: (not shown here) -rsi trending downward within a larger uptrend channel -looks like a topping candle unless Th/Fri are stellar bounce back days If today started a true correction and there is no fake out, one-day-wonder break below these trendlines, it should last a few weeks. tbd...Shortby Lingamfelter0
Silver longSilver long 💎Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position ⛔️INSTRUCTIONS 1: Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss ⛔️INSTRUCTIONS 2: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20by RODDYTRADINGUpdated 3