XAUUSDconfirmation for a breakout for bullish movement. A minor retracement then a possibility of a bullish movement.Longby im_kurt_mkg3
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we said we would be looking for the trade down into the support region and then a bounce to take us upside into the higher resistance levels. During the session we said we would only take the long if the set up was clean and we managed to get in twice from the support region and the lower level extension level 2337. So, what now? We're in a small range now and the market is accumulating pending a breakout. For that reason, we have the lower level of 2320 where if price is taken we may get a RIP. We've used this 2340-37 region enough now, so going long here is not an option for us, if we get lower we'll attempt a long on a clean set up, otherwise, we'll wait higher to go short. Mid-range trading is not something we want to get involved in now as we draw even closer to the month end. As always, trade safe. KOG by KnightsofGoldUpdated 3366
GOLD W1 buy set upwaiting for nice deep swing... gold bias still in long... daily can still correct up to 2360's to 70's... but H4 looking to start dropping, for now NY is the key play...Shortby watpakUpdated 4
OIL (WTI) - 4H Three PushThe WTI Oil 4H chart displays a classic bullish reversal pattern, often referred to as the "three pushes" or "three drives" pattern. This pattern is characterized by three distinct attempts by the market to push lower, each attempt being met with increasing buying interest. The current setup shows that after three downward pushes, the price has started to rebound, indicating a potential shift in momentum from bearish to bullish. The price action has recently broken above the upper boundary of the descending wedge, which suggests a weakening bearish trend and the possibility of a new bullish phase. The target for this bullish movement could be around the $84 level, where previous resistance lies. Traders should watch for continued higher highs and higher lows to confirm the upward trajectory, and consider long positions as the price action aligns with this bullish reversal signal.Longby Sober_TradingUpdated 6
XAUUSD REGULAR FLATKindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.by MarioSianipar_Updated 3
Double Bottom Pattern forming on 4hrBeware sellers, we can notice double bottom pattern forming on 4 hr and gold hasnt broken 200hr MA on 4hr as well, so target will be the gap at 2411.Longby anand1988112
Gold price-reversal head and shoulder in 15 min TFafter reversal head and shoulder in 15 min TF the price make HH-HL. so i decided to wait the price pull back Longby vangphanyamoularat221
XAU/USD SHORT IM LOOKING TO TACKLEXAU/USD 15M - I am looking to place a short position here with this market as price has traded us recently into a higher timeframe area of Supply and has shown signs of bearishness since. What makes me believe this is a break in the last protected low you can see on the left side of this screenshot, that is the last protected low as that low created the highest high within that last bull run. Wha we have seen now is price trade us back up to set a new lower high before what I think will be a new lower low. Its important we find areas that price may trade up and into in order to set a new lower high and this is an area I have in mind. My reasoning for this is because there is an order block that I have marked out that was left unmitigated, what we have seen since price has traded into that order block is good rejection. The trade itself is slightly pre-emptive with us not waiting for another fractal break but if we get taken out I will look to get re-introduced is price trades us up and into another OB slightly higher.Shortby Lukegforex116
BANKNIFTY BANKNIFTY closed inside va 1.gapup 49200 long till 49400 2.49200-48900 trade breakout 3. Gapdown 48900 shortby subhankarsahoo0
Crude oil - rangebreakingBoth Brent and WTI continue to frustrate investors. Last week saw both contracts break below significant support in a move which suggested further weakness to come. But prices reversed sharply and rallied back above resistance yesterday, signalling the likelihood of a breakout through the top of a range which has been building since the beginning of this month. Yet having smashed through resistance, crude reversed direction again, pulling back from Wednesday's month-long high, and dropping back into its rough trading range. What to make of it all? As noted yesterday, this market has form when it comes to wrongfooting traders, and there’s no reason why that shouldn’t continue to be the case. The market has repeatedly shrugged off geopolitical concerns, but remains unsure of the outlook for future demand growth. In this regard, there is considerable uncertainty about the state of China’s economy, and how that will affect crude imports. At the same time, there are worries about how the US economy will perform now that the Federal Reserve has forced the market to dial back its interest rate cut expectations. Add in this weekend’s OPEC/OPEC+ meetings and volatility is perhaps the only thing traders can take to the bank. by TylerNorcross0
NATGAS - Time for a pullback? There is a high possibility we are going down on the GAS Technicals 1. We closed on a doji on the weekly 2. We have been pumping strong lately, and the charts are screaming for a pullback 3. We came to a key .618 FIB retracement level 4. I see a zone here which can act as a major resistance. Trade Looking for a position for a sell this week!. Great trading all of you & remember to always trade with caution and a plan :-) Greetingz, Simba TradesShortby Simba_TradingUpdated 7
NIFTYNIFTY closed below va 1. gapup 22550 long till 22600-22700 2. 22550-22350 trade reversal 3.gapdown 22350 shortby subhankarsahoo1
GOLD - at his major area, hold or not?#GOLD.. well guys market perfectly hold you area 2339 and grind further highs. Now market thave 2349 50 as current resistance level on chart. Keep close it and manage your portfolio accordingly. Feel free to ask anything.. Good luck Trade wisely by AdilHussain7313334
GOLD in a FVG GOLD is in a bulish fvg if a 1to3 candlestick confirmation will be formin on 5 or 15 min TF i ll entry i just see if is gonna respect it or not Longby Thund3r_FXUpdated 3310
GOLD: Will Start Falling! Here is Why: Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GOLD pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals1111
USOIL - where is current support? holding or not??#USDOIL.. market placed 80 plus day high and dropped again . now market have a supporting area here, keep close it because if market hold it then again bounce expected from here, don't be lazy here. good luck trade wisely by AdilHussain7313332
2024 : XAMD PROFILE?There has not been any drastic movement from April until today. The possibility of this phase is Accumulation. if this phase is accumulation. this means that the next phase is Manipulation followed by Distribution. However, any movement will change according to price conditions This is just an analysis. All risks are your own responsibilityby EyonGaristerus0
tech is going uptoday we have touch the bottom part of a range. we are going up. entry in blue. target in green. stop in red. have fun Eleketra 33Longby Elektra330
OilThats what i tihnk will hapend on OIL, Technical analysis is based on MTF AnalaysisLongby andy4444_0
XAUUSD 30-05Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line CHoCH RSI - Divergence Completed " 12345 " Impulsive Waves Break of Structureby ForexDetective5
POTENTIAL LONG OPPORTUNITY ON CRUDE OIL (BCOUSD) Hey everyone! Hope you're doing awesome! Just wanted to get on here and do a post on some potential upside I see here on Brent Crude Oil after today's price action! SO as you can see price has had a hard time breaking past the lows of 81.50-82.00 price handle. Price came down into daily demand and tried breaking lower to downside but now for the 3rd time being rejected to the upside...with buyers buying up this price not allowing it to go lower. This leads me to believe that there could potentially be a upside move for the next move for Crude Oil. Obviously you can see on the 1D (DAILY) timeframe right now the market is overall bearish...but price has now failed to make that new LL showing me potential for an overall pullback on this commodity. ALSO if you look at the 1W (WEEKLY) timeframe you can see that price is actually creating subtle higher lows in price (buyers taking worse prices) which displays to me a demand for this product and a next likely move being to the upside. On the hourly timeframes now you can see a shift to a bullish market which also gives the bias of the next move on this commodity being to the upside to upside supply around the $87 price point. Hope this brough some value to you guys! Please boost this post and follow my page for more accurate analysis! Cheers!Longby JosePipsUpdated 4