XAUUSD NEXT TARGETHello traders i am going to share my first idea on xauusd. kindly share your ideas on analysis. In my opinion gold can move sell till 2560. Keypoints Target entry 2606 Target 2560 follow me for more ideas ....Shortby fxzayn0
Waiting for the trend to form Update: Friday, December 20, 2024 There is a downtrend line in the form of resistance!!! We are monitoring the expected movement of the current price. The price may encounter resistance and continue the downward movement. If the downward sloping line is broken, and passes through the support level, the rise may be confirmed and the rise has begun. There are suggestions for two Fibonacci corrections indicating the formation of the beginning of the rise!!! In this case, the Fibonacci technique works when the price stabilizes above the 0.74 area for two Fibonacci corrections, indicating a local upward movement or a rising coordination. Conclusion: As long as the price is below the sloping line, or continues in the downward direction, the downward trend is preferred if it does not reverse to the upside. The next possible trading area is 2540, this price is considered a support area and the price may head towards it.02:51by chihaaymen0
Continued bearishness in crude oil pricesOn December 17, 2024, oil prices showed a slight stabilization following the drop in U.S. crude inventories and the Federal Reserve's (Fed) interest rate cut. However, gains were limited by expectations that the Fed will slow the pace of cuts in the coming months. Brent crude oil futures rose 20 cents, closing at $73.39 per barrel, while West Texas Intermediate (WTI) crude rose 50 cents, reaching $70.58. Despite these increases, gains moderated after market close. The U.S. Energy Information Administration reported a drop in crude oil and distillate inventories, while gasoline inventories increased in the week ending December 13. In addition, total product supply, a key indicator of demand, grew to 20.8 million barrels per day, reflecting an increase of 662,000 barrels from the previous week. Despite the partial optimism around demand, crude oil prices fell briefly following the Fed's announcement to cut interest rates, although the pace of these cuts is expected to slow. The Fed projects only two additional rate cuts through the end of 2025, which could boost oil demand, but also dampen near-term expectations. On technical analysis, crude oil continues to lose value, with the price looking for the $68 area since the start of the European session. The POC mid-zone is around $70.20, and the RSI is highly oversold at 30%. The crossover of the 200-average over the 100-average reinforces the prospect of a bearish continuation, as anticipated in previous weeks. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades1
Institutional Multi-Timeframe Ichimoku Kinko Hyo Analysis and TrDaily Chart Analysis Trend Context: • Price: $2,603.58 • Relative Positioning: Price is below the Kumo, confirming a long-term bearish bias. • Kumo (Cloud) Analysis: • Jump Thickness: Thick Kumo ($13.81 gap between Span A and Span B) reinforces strong resistance. • Senkou Span A: $2,640.15 (flat slope, signaling equilibrium). • Senkou Span B: $2,653.96 (flat slope, acting as a ceiling). • TK and KS Crosses: • TK Cross is bearish below the Kumo. • Tenkan-sen (Conversion Line): $2,653.96 • Kijun-sen (Base Line): $2,647.05 • Chikou Span: • Positioned below price and Kumo, confirming bearish sentiment. • Distance: Significant lag, reinforcing the downward momentum. Timing Cycles (9, 17, 26): • Price aligns with the 17-period cycle, suggesting a potential liquidity probe above $2,614 before continuation lower. Key Confluences: • Resistance: • $2,640.15 (Senkou Span A and Fibonacci 50% retracement). • $2,653.96 (Senkou Span B and Kumo ceiling). • Support: • $2,592.43 (VWAP deviation and institutional bid). • $2,581.85 (swing low and major liquidity zone). 4-Hour Chart Analysis Trend Context: • Price: $2,603.51 • Relative Positioning: Price is below the Kumo, aligning with the bearish daily chart trend. • Kumo (Cloud) Analysis: • Jump Thickness: Thin Kumo ($8.21 gap) indicates volatility and weak resistance. • Senkou Span A: $2,614.86 (sloping upward slightly, suggesting potential pullback). • Senkou Span B: $2,623.07 (flat slope, acting as an institutional resistance ceiling). • TK and KS Crosses: • TK Cross is neutral, forming inside the Kumo. • Tenkan-sen: $2,606.65 • Kijun-sen: $2,604.15 • Chikou Span: • Positioned below price and Kumo, confirming bearish pressure. • Distance: Slight lag, reinforcing bearish continuation. Timing Cycles (9, 17, 26): • A 9-period cycle aligns with a likely pullback to $2,614.86 before continuation lower. Key Confluences: • Resistance: • $2,614.86 (Senkou Span A and Fibonacci 61.8% retracement). • $2,623.07 (Kumo upper boundary and major institutional level). • Support: • $2,592.43 (VWAP and liquidity zone). • $2,581.85 (key institutional bid). 1-Hour Chart Analysis Trend Context: • Price: $2,603.76 • Relative Positioning: Price is testing the Kumo lower edge, signaling potential consolidation or rejection. • Kumo (Cloud) Analysis: • Jump Thickness: Narrow Kumo ($6.10 gap) signals indecision but sets a rejection threshold. • Senkou Span A: $2,606.65 (flat slope, suggesting equilibrium). • Senkou Span B: $2,612.75 (flat slope, acting as minor resistance). • TK and KS Crosses: • TK Cross is neutral, forming near the Kumo edge. • Tenkan-sen: $2,604.15 • Kijun-sen: $2,606.65 • Chikou Span: • Aligned with price, confirming consolidation. • Distance: Flat positioning indicates potential sideways movement. Timing Cycles (9, 17, 26): • Expect a price test above $2,606.65 in the next 9 periods before potential rejection lower. Key Confluences: • Resistance: • $2,606.65 (Senkou Span A). • $2,612.75 (VWAP deviation and Kumo upper boundary). • Support: • $2,601.65 (VWAP midpoint). • $2,592.43 (session low). 30-Minute Chart Analysis Trend Context: • Price: $2,604.23 • Relative Positioning: Price is consolidating at the Kumo lower boundary, reflecting indecision but bearish dominance. • Kumo (Cloud) Analysis: • Jump Thickness: Thin Kumo ($4.12 gap) signals low resistance. • Senkou Span A: $2,604.98 • Senkou Span B: $2,606.65 • TK and KS Crosses: • TK Cross is flat, aligned with consolidation. • Tenkan-sen: $2,603.76 • Kijun-sen: $2,604.98 • Chikou Span: • Flat and aligned with price, confirming short-term sideways action. Timing Cycles (9, 17, 26): • Price is expected to break toward $2,606.65 (Senkou Span B) before resumption of bearish movement within 9-17 periods. Key Confluences: • Resistance: • $2,604.98 (Senkou Span A and VWAP). • $2,606.65 (Kumo upper boundary). • Support: • $2,601.79 (VWAP lower deviation). • $2,592.43 (institutional liquidity zone). Actionable Entry/Exit Signals Short Setup: 4-Hour Resistance Rejection • Entry Price: $2,614.86 (Kumo lower edge on 4H chart). • Stop Loss: $2,623.50 (above Kumo upper edge). • Take Profits: • TP1: $2,601.65 (VWAP midpoint). • TP2: $2,592.43 (session liquidity zone). • TP3: $2,581.85 (long-term institutional bid). Mean Reversion Scalping Long: Tokyo Session • Entry Price: $2,601.65 (VWAP midpoint). • Stop Loss: $2,598.50 (below VWAP lower deviation). • Take Profits: • TP1: $2,606.65 (Kumo upper edge). • TP2: $2,612.75 (VWAP deviation and Kumo resistance). Breakout Long Setup: NYC Volatility • Entry Price: Above $2,614.86 (confirmed breakout). • Stop Loss: $2,610. • Take Profits: • TP1: $2,620 (VWAP upper deviation). • TP2: $2,640.15 (daily Kumo lower edge).Shortby ICHIMOKUontheNILE0
goldIF gold loses 2606, and bearish PA holds below, we could possible counting down towards 2580, 2550, daily looking prety bearish following 12/19 shooting star rejecting 12/18 open been short since 2609Shortby zaytoven000Updated 0
20241220 ESI anticipate at least one more low to be made with ss raid. 8.30 HI news will be the moment to look for the signs of the upside TGIF scenario. I anticipate some upside move during AMS and sideways into the end of the day. NWOG and ORG Thursday CE are my upside DOL. by Yoo_Cool0
Natural Gas !! Bulls are Still on the Road.How's the Josh trader ?? Natural gas has a Good Setup... I am extremely sorry to update so late, I am holding it 225 Levels and I am expecting it to go towards 370-375 Levels. As we Can Clearly see on Chart ... Natural Gas is on the rally towards Wave 3 ( Wave 3 is the longest in Impulse Wave ) so I am Clearly Betting towards 370-375 Levels. SO, LONG NATURAL GAS @ MARKET PRICE TARGET @ 370-375 STOPLOSS @ OPEN NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE Have A Good Day Traders. Longby Trading_Bulls00000
CL finishing correctioCL tracing five waves up followed by three waves correction, target 76.Longby TheLazyBrother0
Gold: Multi Tie FrameHello Traders In the weekly timeframe, an ascending channel is observed, showing a good reaction at its upper boundary. We are waiting for a price pullback to the next resistance level. In the daily chart, an ascending trendline has been broken, with two returns to the breakdown area around 2600.700, indicating the strength of sellers. The price returning to this area for the third time also shows the buyers' insistence. If the price can stabilize below 2532.800, the likelihood of further decline increases. Conversely, if the price cannot break through the green zone, we predict an upward movement to 2606.200. At the same time, we anticipate a slow downward trend and fluctuations to around 2568 in the coming days.Shortby AliSignals1
USOIL LONG FROM SUPPORT Hello, Friends! We are going long on the USOIL with the target of 70.67 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals111
Full of power towards empty CMEThe real bull run won't start until the price touches the 80k range.by melo_bit0
XAUUSD, DailyXAUUSD rebounded slightly yesterday but failed to hold gains. However, it is good to note that also the pair didn't break below Wednesday's low. The pair seems to consolidate between 2580 and 2625. A break to the upside, could push the price towards a resistance of 2652, while on the downside, the price could visit the 2554 area.by Exness_Official0
xauusdThe gold is forming a bearish flag So we expect to go short as soon as all the conditions are metShortby Thembile1981110
Gold Market Update: Response to Weekly Demand at $2640sGold is responding to weekly and subduing demands at the $2640s, setting the stage for a potential sweep toward the $2660–$2675 range. This movement aligns with bullish attempts to capitalize on supply zones for continuation or reversal opportunities. follow for more insights , comment and boost idea Longby Ak_capitalistUpdated 0
12.20 Gold short-term short-selling trend remains unchangedAgainst the backdrop of changes in the Fed's expectations for a rate cut in 2025, and the reduction in the number of rate cuts and the reduction in the magnitude, the gold market plunged sharply on Wednesday night. Although there was a rebound on Thursday, the price once reached 2626. However, it should be noted that this seemingly strong rebound is actually a bullish counterattack after the decline, and it is difficult to reverse the overall downward trend. From the daily trend pattern, the closing line of the high-rise and fall leaves a long upper shadow, which means that the increase cannot be maintained and the strong pattern is difficult to return. This rebound, on the one hand, vented the resistance of the bulls, and on the other hand, it confirmed the pullback of the previous bottom support and completed the top-bottom conversion. Once the key support level is broken, the bears will continue. In addition, after the short-term touches the whole hundred mark, there will be repeated situations. From the technical perspective, whether it is rising or falling in the short-term, after touching the whole hundred mark, there will be short-term repetitions. Therefore, after yesterday's decline and the price fell below 2600, it is normal for the price to rebound. Although the current market has not started to fall, it is very difficult for the price to return to the original support level, and the downward trend has become a high probability event. Today's trading strategy: SELL: 2620 Target 2600 90 80Shortby AIan_GoldUpdated 111
Gold Market Update: Imbalance Liquidation Targets $2620–$2580Gold continues to align with the imbalance liquidation between $2620 and $2580. The recent prominent support at $2605 is under pressure; if it fails to hold, further sweeps around $2619 could occur. The bearish momentum remains intact, aiming to secure weekly demands below the $2600 level. yall should stay cautious, hedge along with AK , and prepare for potential volatility as the market seeks equilibrium .follow for more insights , comment and boost ideaby Ak_capitalist0
UKOILSPOT "Brent Crude Oil" Energies Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the UKOILSPOT "Brent Crude Oil" Energies market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a bull trade at Pullback, however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low level. Goal 🎯: 78.437 80.000 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂 Longby Thief_TraderUpdated 1
CYCLE 4 | CME GAP - View on the Daily ChartFor additional clarity, this companion post is intended to be read in-conjunction with the weekly analysis post below: by Brodie1
Gold Bearish OutlookGOLD (XAU/USD) Technical Analysis: A Bearish Flag pattern has emerged in Gold, following a breakdown from a Triangle formation. This indicates a potential reversal of the recent uptrend, with a possible continuation of the downtrend. Key support levels are being closely watched, and a break below could confirm the bearish bias. Best Wishes Tom 😎Shortby Tom_Trades_6701
CYCLE 4 | CME GAP: Bull Cycle Period First Major Pull Back?Quick post to address BTCs expected potential first major pull back into this bull run period... BULL MARKET PULL BACKS Historically, BTC during its bull market enjoys pull back which ranged from 15% to as much as 30%-40% in prior markets. This is essential for trader participants in the market to take profits, allow BTC to retest low levels and prove new heights are sustainable before ranging to new higher price levels. The first pull back historically for BTC post the start of the 'Bull Run' phase of BTCs 4 year cycle is traditionally the largest pull back opportunity and historically been the best short term buying opportunity in the Bull Run (NOT FINANCIAL ADVICE). We can expect a 30-40% correction for this pull back based on historic bull market period examples (Let me know in the comments below if you would like me to detail consistent price behaviour during BTC bull run periods in a future post). ARE WE AT THIS POINT NOW OF THE CYCLE? WHAT ARE THE INDICATORS SAYING? As highlighted by the RED arrow on the chart, a number of the indicators like to monitor on the weekly chat are suggesting bearish divergences and fading momentum exists with the current price action. This is calling for a cooling off period of the market. CME GAP Historically, BTC has had a tendency to want to 'close' open gap, created by weekend trading of BTC that does not align with equities that follow the traditional 'No Trading' over the weekend policy of Traditional Financial instruments. Hence crypto ETFs which align with these policies (such as the CME Futures chart as seen in this chart) can create 'GAP' between the open (Monday) and close (Friday) candles. To understand CME gaps, please take the time to review the details discussion in the earlier post. The orange BOX shows the below CME gap target that BTC price may range towards to close. NOTE: this box has been listed as Partially Closed as the open Monday candle of the gap did go below before rising during the weekly candle but did no dip past the close of the previous weekly candle. 21W EMA & 20W SMA Historically, a fully developed healthy bull market for BTC has required periodic retesting and holding of these moving averages. A close of the CME gap at this point of the market would also satisfy this historic trend for BTC. ORANGE TREND LINE Bears if eager to continue the 'close the CME gap' trend will need to convince the market by first exceeding the orange trend line. Currently this allows BTC to complete a 10 to 12% correction while also taking the price below the key psychological 100K price level, without phasing the bulls conviction to charger higher. * Holding the Orange Trend Line Scenario: we want to see price bounce and conviction from the bulls to push BTC to higher highs. The goal for Bears would be to achieve the measured move up to 180K. This would most potentially shorted the bull run (time prospective) and potentially cap our ATH for this cycle early; creating a distribution zone similar to the 2021 cycle top. * Breaking below the Orange Trend Line Scenario: If we break the Orange Trend Line then Bulls will concede ground to the MA levels (allowing the CME gap to also close). Bulls will write this off as a market reset and holding support at these levels will entice Traders to take positions needed to drive BTC up sustainably to the next higher level(s). Losing the MAs would ask serious questions to the intent of BULLs and the sustainability of the market moving forward this bull run..... by Brodie1
NQ Power Range Report with FIB Ext - 12/20/2024 SessionCME_MINI:NQH2025 - PR High: 21429.25 - PR Low: 21363.00 - NZ Spread: 148.25 Key scheduled economic events: 08:30 | Core PCE Price Index (YoY|MoM) Value decline continues below daily Keltner avg cloud - QQQ gap filled - Maintaining vols since FOMC triggered selling - Next key pivot, 20920 zone from Nov 27 Session Open Stats (As of 12:40 AM 12/20) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 345.51 - Volume: 51K - Open Int: 237K - Trend Grade: Bull - From BA ATH: -5.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 19814 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Shortby mv3trader50
XAU LONGHey Guys, Happy friday. I see the potentia in XAU pushing up towards 2626 if it London closes above 2595.75. Trade Smart, Trade Safe guysLongby paulsmith007223