Gold

You and the rest of us that are in the red since 2 Weeks know lower lows lower highs but Miss gold won't budge

Strong feelings about 2315 minimum

Recovery done

hy guys,

I hope you are doing well. I need help, I'm wondering which prop company you use for trading? Now i had 1of1, but i lost my account. #beginner.

key levels

rebelsfunding

Been trading so may years, now focus on Gold Scalping.

Result 17 and 18 June. target R:R 1.15 or above.

XAU/USD short-term technical outlook
From a technical point of view, XAU/USD has made no progress. It trades within familiar levels for a second consecutive week. The daily chart shows it's still developing below a bearish 20 SMA, providing dynamic resistance at around $2,335.00. At the same time, technical indicators have turned marginally lower but remain within negative levels, suggesting buying interest is not enough to trigger a bullish extension.
The near-term picture is neutral, although the risk skews to the upside. In the 4-hour chart, XAU/USD trades above a flat 20 SMA but below the 100 and 200 SMAs. The Momentum indicator aims modestly higher above its 100 line, while the Relative Strength Index (RSI) indicator aims north with more strength, standing at around 55.
Support levels: 2,314.25 2,298.10 2,286.70
Resistance levels: 2,335.00 2,351.90 2,366.30

Technically, we are still kind of inside the flag.
Prep for some cool stuff if it falls short of the top.

seems like your earlier image was more accurate

Ive got the same analysis, but for me this is a retracement for the next move down

Trend Analysis:
Gold is still in a consolidation phase, lacking any significant breakout as it remains capped below the $2335 resistance level.
Outlook:
I see a promising upward trend, especially with the ascending trendline on the 4-hour chart. I'm looking forward to buying opportunities once the price breaks above the current resistance and the descending wedge.
target for this strategy is $2380?

Basically we waiting for the Trip wire to be triggered I love the saying

US Bank Holiday - muted movement for the rest of the day?

New Released : SIGNAL 33-2024

While waiting signal 32-2024 to play out. Instant BUY and hedge sell stop.

Yes, and closes early so don't get caught holding open positions!

lol, not again?

Hope not lol
Im longing
Trade safe

Im too 2329.50 target 2341

Trade safe buyers have good day