If you are trading Silver, you need to see this video. Be prepared for a sideways melt-up in Silver while the dual Flags play out. Gold will likely move more aggressively than Silver. But Silver will give you two or three opportunities to buy into the lows. Pay attention.
by the Politicians, Talking heads and Bankers. Governments can only Tax, Borrow & Spend Central Banks can only Print & Lend. If this index were to rise by the average of 43% You are looking at the CPI Index hitting 372 by Jan 2030 There is every likelihood this decade, will be a higher than average inflation rise. You must save in scarce Assets #Gold &...
Federal Reserve Chairman Jerome Powell said he was less confident than before that inflation will come down. However, it emphasized that it does not believe that the next step may be to raise interest rates, and is more likely to maintain the policy interest rate at the current level. The U.S. economy is performing very well and has a very strong labor market....
After CPI market has priced in the negative CPI numbers, I expect a drop to the 2304 level and below. Use proper risk management. Cheers
The price of uranium, known as yellow cake, has more than doubled in the past year amid a significant imbalance between supply and demand in the global market, sending uranium-related assets soaring to the sky. In addition, the return of Japanese appetite for carbon-free energy and the restart of two nuclear reactors last year, along with plans to restore more...
It's easily seen on #usoil 1D cs. chart, price made a huge W bounce months ago. After the bounce price has been in the correction of this bounce and may not be dipped yet, but after dip in mid/long term (takes months, 1-2 years), #oil price may reach the previous ATH.
We went long at 2338.45 after the news broke on PPI m/m data. Tight stops as trading news can be extremely volatile and risky. A conservative take profit is sitting at 2361.83 with another TP at 2370.30
Hello,Friends! The BB upper band is nearby so GOLD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2323.862. ✅LIKE AND COMMENT MY IDEAS✅
With no news injections today I would stay on the side lines. We have Daily Wick level in conjunction with a 1hr FVG which if Crude Oil is substantially bearish should respect leading upto NY open and CME open. The overall bias for me is still bearish with weekly ssl in the lower half of the charts marked with a magnet. This is the draw and what I will be waiting...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a few moments ago entered to upward wedge, where it at once made a strong upward impulse from the support line to the resistance level, and even soon broke it, breaking the support level also. After this, XAU rose a little more, after which made a correction...
Gold New Forecast The price of XAUUSD (Gold) is expected to be volatile today due to the release of the CPI news. The movement will depend on the results: if the CPI is higher than expected, it typically indicates rising inflation, which could lead to increased interest rates and potentially cause gold prices to fall. Conversely, if the CPI is lower than...
By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is trading around $2370, and in a few hours, we will have the important US CPI...
Upon reviewing the gold chart in the 2-hour timeframe, we observe that the price, following last night’s analysis, has rallied once again, soaring to $2319! However, it wasn’t long before it encountered selling pressure and has corrected to $2307 as of this moment! As I mentioned in the previous analysis, the significant demand zone for gold lies between $2303 and...
Trading Setup: A Trading Signal is seen in the Gold XAUUSD (h1) There is a Trading Signal to Buy in EURUSD Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 2349.9 ⭕️SL @ 2326.0 🔵TP1 @ 2424.2 🔵TP2 @ 2470.0 🔵TP3 @ 2524.3 #Signal #forexsignal What are these signals based on? Classical Technical Analysis Price Action Candlesticks...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Another drop incoming on GOLD. Sell from this levels 2348, stops above 2360 and targets at 2304. Use proper risk management. This is phase two distribution. Cheers my friends
On Tuesday, the price of gold stabilized as mounting geopolitical tensions spurred demand for the safe-haven asset. Escalating protests against Israel’s presence in Gaza, Russia’s initiation of a new conflict in Ukraine, and concerns regarding potential disruptions in global trade have heightened the perception of geopolitical risk. The decision by BRICS nations...
WTI Oil (USOIL) eventually did give us the bearish break-out trade as per our last outlook (April 29, see chart below) following the first 4H Death Cross in 7 months and easily hit our 78.00 Target: As you can see, the expected Channel Down was formed and the price has been consolidating on the Higher Lows trend-line and the 1D MA100 (green trend-line) for 8...