GOLD SELL SIGNALGOLD price drop daily as not holding much time in overbought area, and generate high reward with low risk INDICATOR - DELTA MOMENTUM INDICATOR Shortby pranayshahare224
XAU/USD : LONG, SHORT, LONG! (READ THE CAPTION)Analyzing the #Gold chart in the 4-hour timeframe, we observe that the price failed to maintain its bullish momentum yesterday. With news favoring the dollar index, gold experienced further declines, reaching $2664 so far. Now, we can expect an upward correction, likely followed by another drop before gold resumes its rally towards levels above $2700. This analysis will be updated further, so stay tuned and follow step by step! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shabanby ArmanShabanTradingUpdated 121273
Gold Trade Plan -17/12/2024Dear Traders, i expect price will be consolidate 2610-2680 Area for this Week , best Entry Buy Zone : 2610-2620 Best Entry Sell Zone : 2674-2686 "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Longby alirezak2214
XAUUSD Bearish Momentum Towards $2610• The XAUUSD is currently at $2640. • They are looking for a 30pts Bearish Run towards $2610. • Even After Breaking the Channel for a Bullish Run, the Market still became the subject of Bearish Volume.Shortby Meraki_435
Gold bulls losing their footingGold continues to struggle to regain its upside momentum. It was flat yesterday, and has drifted lower this morning. It is now trading back in a band of support/resistance around $2,630-$2,640. It doesn’t feel as if the selling pressure is over. While it could be exhausted if prices can maintain current levels, a retest of $2,600 cannot be ruled out. And a break below here would open up the probability of a drop back down to the lows from mid-November, around $2,530, or even back to late summer levels around $2,500. Such a move would be enough to persuade many that the bull market in gold is over, and that $2,790 will have to remain as the new all-time high. But it would also be an opportunity for a huge MACD reset which could provide a springboard for another run at $3,000 – a long time target for the bulls. We’ll see how things develop over the rest of this year. Meanwhile, silver has broken below the upward-sloping trendline that had been building since August. From here, it looks as if a retest of support around $30 per ounce is possible. Should this fail to hold, then there’s not much to hold up prices until we get closer to $28. by TradeNation0
SILVER Will Go Up! Buy! Take a look at our analysis for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 30.270. The above observations make me that the market will inevitably achieve 31.022 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider116
XAUUSD GOLD will go down XAUUSD GOLD SELL curunt price 2638 support zone 2648 1st target 2631 2nd target 2624 Shortby Simontrades11
GoldGold is in a bearish range today but there is a flow gap, there is a sequence and there is liquidityLongby Psychologicaltrader12213
Gold buys 17/12Gold made a higher high on the 4hr tf. Now has retraced into demand zone. Gold still due to rise due to geopolitics and uncertainty. Anticipating bullish impulse ro upside from this area.Longby Stackin_Guap110
gold longgold 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 ≥ 20Longby RODDYTRADINGUpdated 2
Short itBearish breakout: Entry price 2639.13 Take Profit 2623.00 Stop Loss 2670.00Shortby Berzerk_invest0
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.Shortby syomking764182
SILVER SHORT FROM RESISTANCE Hello, Friends! It makes sense for us to go short on SILVER right now from the resistance line above with the target of 30.300 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 113
Today's trading range is 2643~2664Gold closed higher on the daily chart, but the price still closed below the MA10 daily average of 2660. The RS1 indicator was adjusted at the middle axis, and the daily Bollinger Bands gradually narrowed. The short-term four-hour chart fell into a shock adjustment around the 43/64 range, and the moving average closed. The hourly chart Bollinger Bands closed, and short-term trading was still the main focus during the day, with shocks and sideways trading! Gold was still in a shock repair market yesterday, but it eventually fell under pressure. Gold was still in a bearish shock overall, and the rebound was still an opportunity to continue to be short! The gold 1-hour moving average was still a dead cross downward short arrangement, and the gold adjustment has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660, and it is still selling at highs under pressure at 2665. First support: 2648, second support: 2643, third support: 2631 First resistance: 2660, second resistance: 2667, third resistance: 2678 by Jun-GoldAnalystUpdated 3
Gold on Sell values / Selling order engagedTechnical analysis: The former Support of #2,652.80 (Xau-Usd Spot) has turned into a Resistance in a symmetrical manner as it has done on December #5 fractal, as Gold is eyeing even Lower level. The Resistance zone is at #2,648.80 - #2,652.80 on Hourly 4 chart however looking at the wider time-frame of Daily chart’s Descending Channel and the Higher High’s former trendline, I am expecting a decline around #2,627.80 if #2,640.80 pressure point preserves the downtrend. After that it is anybody's guess but Technically, Gold should see a similar pullback to November #25 Low's again in extension, way below #2,652.80 psychological benchmark (Medium-term decline). However, no changes on the Daily perspective as the Price-action remains Neutral above the Hourly 4 chart’s Support for the session and below the Short-term Resistance, as DX paused the downtrend. #2,652.80 - #2,662.80 should represent ultimate Top for the fractal since Gold already negated (#60%) of gains delivered on current Buying sequence, as Gold currently isolated within #2 Short-term benchmarks (typical Support and Resistance pricing). My aim is roughly #2,622.80 - #2,627.80 Support zone which can be correlated to the Technical Lower High's Upper zone within (will be then) invalidated Ascending Channel. As noted on my remarks, current configuration needs to be reviewed on with a Selling entry near Medium-term Selling accumulation zone which accounts for this week and the next Trading week. My position: Even though I have missed #2,648.80 Selling break-out, I have engaged Selling order with #2,643.80 entry point few moments ago / optimal Target remains #2,627.80 Support in extension. However since #2,642.80 could reverse the Price-action towards #2,648.80 Resistance (break of can restore Short-term uptrend), my Stop is already on breakeven. Since most Traders will Buy #2,642.80, I do believe Gold will extend the decline and trap many Buyers.Shortby goldenBear882235
GOLD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! GOLD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 2,662.621 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals113
Gold on Sell values / Selling order engagedTechnical analysis: The former Support of #2,652.80 (Xau-Usd Spot) has turned into a Resistance in a symmetrical manner as it has done on December #5 fractal, as Gold is eyeing even Lower level. The Resistance zone is at #2,648.80 - #2,652.80 on Hourly 4 chart however looking at the wider time-frame of Daily chart’s Descending Channel and the Higher High’s former trendline, I am expecting a decline around #2,627.80 if #2,640.80 pressure point preserves the downtrend. After that it is anybody's guess but Technically, Gold should see a similar pullback to November #25 Low's again in extension, way below #2,652.80 psychological benchmark (Medium-term decline). However, no changes on the Daily perspective as the Price-action remains Neutral above the Hourly 4 chart’s Support for the session and below the Short-term Resistance, as DX paused the downtrend. #2,652.80 - #2,662.80 should represent ultimate Top for the fractal since Gold already negated (#60%) of gains delivered on current Buying sequence, as Gold currently isolated within #2 Short-term benchmarks (typical Support and Resistance pricing). My aim is roughly #2,622.80 - #2,627.80 Support zone which can be correlated to the Technical Lower High's Upper zone within (will be then) invalidated Ascending Channel. As noted on my remarks, current configuration needs to be reviewed on with a Selling entry near Medium-term Selling accumulation zone which accounts for this week and the next Trading week. My position: Even though I have missed #2,648.80 Selling break-out, I have engaged Selling order with #2,643.80 entry point few moments ago / optimal Target remains #2,627.80 Support in extension. However since #2,642.80 could reverse the Price-action towards #2,648.80 Resistance (break of can restore Short-term uptrend), my Stop is already on breakeven. Since most Traders will Buy #2,642.80, I do believe Gold will extend the decline and trap many Buyers.Shortby goldenBear8813
XAUUSD IDEA Technically, xauusd is flat and heading for strong support Resistance levels: 2646, 2658 Support levels: 2633, 2620, 2612.61 Price is heading towards support before the news. Manipulation before a possible rise? The probability is high We are waiting for support retest, false breakdown and possible growth to the mentioned targetsby FOREXRSMV1
12.17 Gold Short-term Operation Analysis SELLGold was still fluctuating and repairing yesterday, but it eventually fell under pressure. Gold was still fluctuating with a short side. Rebounds are still opportunities to continue to short. Gold is still short at the current price of 2656 in the early trading! The 1-hour moving average of gold is still a short arrangement with a death cross downward. The adjustment of gold has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660. It is still short at highs under pressure at 2665 in the Asian session. It can also be shorted near 2656 in the Asian session. Gold is fluctuating and urgently needs to choose a direction. Of course, it is now a fluctuating relay of the decline, so it is still short at highs. The focus of this week is the Federal Reserve’s interest rate decision waiting to be launched, which is also the battle between the long and short positions of gold. Whether the gold bulls can turn the tide depends on the impact of the data. Of course, if gold does not break a new low for a long time, it is not ruled out that gold has the possibility of short-term bottoming, so it is time to be flexible at any time. Asian trading strategy: Short gold at 2656, stop loss at 2666, target at 2640-2635Shortby AIan_GoldUpdated 112
GOLD H4 CHART ANALYSISThe Gold Price IS still in Selling Control but We Have To wait For Conformation still it take support from2635/2630 from 2630 we can optin buy positions till 2670 for long by David_Josh_Trader0
XAUUSD TECHNICAL ANALYSIS (READ CAPTION)hello traders, kindly share you opinion about this chart in the comment section. current price: 2656 last week market created l-shoulder and head and r-shoulder. market did a breakout but could not properly retest. now market is suppose retrace upto 2675. last weeks w1 candle and today's d1 candle further support and indicate a bullish trend. if market breakouts 2662 middle resistance then its next move will be 2675 which is our demand zone. key points: demand zone: 2675 supporting areas: 2650, 2647 like, comment and follow. thanks for support. Longby Ibrahim_Gold_TradersUpdated 12
Gold will Go Down to PRZ!!!Gold ( OANDA:XAUUSD ) seems to have managed to break the Support zone($2,670-$2,653) . It is currently completing a pullback to this zone, so the pullback pattern appears to be a rising wedge pattern . According to Elliott's wave theory , Gold seems to have completed wave 4 . I expect Gold to continue falling to the next Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . ⚠️Note: If Gold breaks the Resistance zone($2,665-$2,662) and resistance line, we can expect gold to rise further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 8870