First trade the rebound opportunity in the downtrend, and short after the long position ends, tp60240
XAUUSD Analysis On the 1 hour Timeframe, price price has just rejected of the 1 hour bearish OB. On the 15 minute timeframe, price is still bullish, creating a higher high. There are 2 scenarios i am looking at for Gold. 1) I want to see a break of the 15 minute Higher low, if this happens, price creates a bearish CHOCH. I will looking for a break and...
this chart is for my friend who is new and needs a clean looking chart, so this id for you kingkji
Gold failed to challenge the downward trend line yesterday and quickly rebounded to stay above the 2300 mark. The pressure of the downward channel is still effective. Even in the face of relatively turbulent geopolitical fundamentals, gold still fails to fully reflect its safe-haven properties. Some people would say that the overall rhythm of the current market...
Gold still cannot rise and cannot break through the important resistance level of 2330. The market obviously lacks momentum. We also adjust our strategy in a timely manner and enter the market directly with short orders in the 2320 area. The k-line reached around 2330 three times but never broke through. In one hour, it was suppressed by the middle track of the...
Gold is currently in pause mode, and if the conflict between Iran and Israel eases, market focus will turn to the Federal Reserve. It is clear that the Federal Reserve is not going to cut interest rates anytime soon, which is a bearish factor for the gold and silver markets. If the conflict escalates, you will see gold rise again. For now, the focus is on...
Yesterday, it continued its downward trend and fell below the $2,300 mark, reaching as low as $2,291. Based on the previous day's high, the two-day retracement was nearly $100, completing a retracement adjustment in a relatively short period of time. The retracement of the gold price itself is an adjustment. It is under such expectations that we effectively seized...
Hi traders, Turning our attention to Royal Caribbean Group (RCL), we can see that it has formed a rising wedge pattern over the past few weeks, indicating a potential bearish reversal. Despite recent challenges, Royal Caribbean Group remains a dominant player in the cruise industry with strong brand recognition and a loyal customer base. However, it's essential...
On Tuesday, gold fell to a short-term low of $2,315. Before the Federal Reserve FOMC meeting, the U.S. PCE index in April was 2.9%, indicating that the Federal Reserve has postponed interest rate cuts, and hawkish bets are affecting the trend of precious metals. Recently, the gold market has been fluctuating under the pressure of a 4-hour double top. The moving...
Another breakdown in the daily chart of HDFC Bank. It has respected support at 1480 but we may see a dip if the same is broken. There is a sort of a double top pattern made before the breakdown which makes me bearish. Can sell for targets below 1420. Educational purpose only
Spot gold maintains a sharp decline during the day, with the price of gold currently located near US$2,300 per ounce. It plummeted $64.95, or 2.72%, on Monday to close at $2,327.18 per ounce, the largest single-day drop in more than a year. On Tuesday, it fell further, with gold prices reaching as low as $2,295.44 per ounce. The decline is already a trend, pay...
XAUUSD Sell Limit: 2316 SL: 2324.1 TP: 2295 RR: 1:2.5 All the best :)
Buy some #CTC here and at its support. Targets are: $0.7425 $0.8232 $0.9038 $1.0036 Support: $0.6277
GU is at a demand area that could give some fruitful longs, ideally i'd wanna wait for london to do some form of manipulation/ inducement then will look to buy. at least into yesterday's NYSE open area where i would look for sells. Note that this demand area is extreme of last week range, meaning has big liquidity at the low, i have a limit sitting just below the low.
Spotted another candidate for a nice squeeze :) However, I am not as convinced as I was with TRB, because this is probably the worst shitcoin ever, I don't even know what it does but anyway, the setup is there. Once BTC finds a bottom around 60-61k and goes up again, CVX could see a nice run, maybe 100%. BUT if BTC fails to hold 60k for whatever reason, I'm not...
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
It seems that the previous upward movement was a bit emotional, if the resistance is maintained, there is a possibility of correction
-Bullish if we hold above -Bearish if we close below weekly inversion