Hey folks, Brian here. Today, XAUUSD is making a comeback on the track with a recovery since its last touch at $2300 USD, now trading around $2350 USD, marking an increase of nearly 500 pips. On the 1D chart, XAUUSD is regaining bullish momentum after touching the EMA 34 line, signaling long-term growth prospects are still intact.
When assessing that prospect, there are worse market indicators to monitor than the front-end of the US bond curve. As this chart shows, the daily correlation between the US dollar index and US two-year bond yields over the past quarter stands at 0.89, implying the dollar usually follows movements at the front-end of the US curve. Gold looks great on he charts,...
🔴 Resistance - 2989 🔴 🚀 Target - 3006- 3030 🚀 🟢 Support - 2968 🟢 🚀 Target - 2948 - 2930 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Bitcoin time frame 4 hours If Bitcoin reaches the specified FVG area, it can climb up to the $65,000 range.
Hey everyone, let's dive into what's new in the gold market today! Yesterday, gold saw a significant breakthrough, with the metal surging from around $2300 USD to as high as $2350 USD at the current moment, completely brushing aside previous bearish sentiments. The weakening of the USD has strongly supported the upward trend of this precious metal. Additionally,...
Geopolitical tensions withinside the global have now no longer ended and principal banks of nations are continuously shopping for gold for reserves Currently, gold costs are growing specially because of geopolitical tensions High US hobby charges over an extended time frame aren't an amazing signal for gold, pushing up the possibility price of making an...
Hello everyone, In the realm of cryptocurrency trading, BTCUSDT is currently navigating through a volatile phase. Despite moving within a price range with a gradual downward trend for several weeks, it is currently trading around $60,900 USD and has lost 0.5% for the day. However, taking a long-term perspective, BTCUSDT is following the structure of a bullish...
Market Analysis PT2/2 (9th May 2024) EURUSD Analysis On the 4 hour Timeframe, price is approaching a structural high created on the 7th of May. During london, I will be actively looking for price to sweep the structural high before a short term down trend into the Bullish 4 hour FVG. Once price does tap into the 4 hour FVG, I will be looking for a 15 minute...
Market Analysis PT1/2 (10th May 2024) XAUUSD Analysis On the 1 hour timeframe, price has finally broken out of the 3 day range we have formed. As price is driving towards higher prices on Gold, Price has actually created a 1 hour Bullish FVG as well as a Bullish OB. There are 2 scenarios that could play out. 1) Price retest into the FVG and continues...
#EURUSD Hello everyone, finally the context has synchronized in the short direction across the daily and hourly timeframes. After the start of the London session, my nearest intraday target is the equal lows below. Ideally, before heading lower, clearing the equal highs formed above during the Asian session would be preferred. The scenario will be considered...
My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8613 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8586 My Stop Loss - 0.8627 About Used Indicators: By the very...
My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.0745 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0761 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2479 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.2515 About Used Indicators: By the very nature of the...
My dear subscribers, This is my opinion on the AUDNZD next move: The instrument tests an important psychological level 1.0959 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0996 My Stop Loss - 1.0936 About Used Indicators: On...
PEPE has been performing extremely well over the last few weeks, gaining back almost all losses from March and April. This made me question where we can see a long-term top? If BTC remains trading neutral/bullish, alts will grow. In which case, I can see PEPE move all the way towards the top of the resistance of the parallel channel. This could mean an easy...
TWT Analysis and Signal on 4H 🔵Entry Zone 1.1016 - 1.1355 🔴SL 1.2305 🟢TP1 1.0177 🟢TP2 0.9172 🟢TP3 0.8301 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
Today, the price of gold is hovering around $2309, showing a downward trend as the US dollar has risen approximately 4% against the basket of six major currencies. Despite the strong global demand for precious metals, particularly in Asian regions such as China, India, and South Korea, the robustness of the USD continues to exert downward pressure on gold...
The Gold price chart on the H1 timeframe shows a precarious situation. Bullish speculators face skepticism after failed attempts to break free from a short-term downtrend. Gold now hovers around the $2300 USD/oz support level. Expectations of a rapid price surge to historical highs above $2400 USD seem distant. Traders await significant catalysts, such as the...