WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 85.033 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 83.400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
Resistance Levels: 1. Resistance at $89.01 and $91.11: These levels represent significant barriers where selling pressure may intensify. Traders should watch for price action near these levels, as a breakout above could indicate further bullish momentum. 2. Secondary Resistance at $93.73 and $95.00: These are additional resistance levels beyond the initial...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 09 April 2024 Trade Idea 1 BUY LIMIT Order: $2328.57 Stop Loss: $2302.73 Take Profit 1: $2354.16 Take Profit 2: $2368.08 Trade Idea 2 BUY LIMIT Order: $2322.53 Stop Loss: $2302.73 Take Profit 1:...
Traders, In today's trading session, our focus is keenly set on Gold (XAUUSD), where we're eyeing a potential buying opportunity around the 2295 zone. Currently, Gold finds itself in an uptrend but amidst a correction phase, drawing nearer to the critical support and resistance area at 2295. Despite the prevailing strength of the USD, it's imperative to...
✅CRUDE OIL is trading in an Uptrend and oil broke the key Horizontal level of 85.00$ And we are seeing a retest And a rebound so I think That the price will keep growing LONG🚀 ✅Like and subscribe to never miss a new idea!✅
DEPENDING ON WEEKLY AND DAILY TREND LINES ... We can see the price making strong correction UNTIL 2160 AND OUR stop loss. ll BE ON 2390 goooood luck
hello guy... let’s say it in the first place, it is not a short signal! as you can see the blue area is a potential area for getting a long position, why? because it is a S&D area and that specific area is on the flip level! if the price will retrace to the blue area get a long position right away! the target is the top line of the...
Hey Everyone, Great start to the week with our chart idea playing out perfectly. Once again you can also see how well our algo generated levels are being respected in a range where no one has any existing levels to go by but our averaged levels are being respected like historical levels. We got our Bullish target at 2338 hit and with momentum also 2353. However,...
Multiple Israeli media reported over the weekend that the Israel Defense Forces withdrew most of its ground troops on the 7th after April's continuous fighting in the southern Gaza Strip, including Khan Younis. There is currently only one brigade left in the Gaza Strip to prevent Gazans from returning to northern Gaza. However, there is no clear indication of a...
End of day update from us here at KOG: Following on from the KOG Report published yesterday, what a move on Gold, point to point, level to level, as we like it here at KOG. Early session straight into support giving the short, then the RIP which was expected straight into the order region, and to top it off, the RIP from the order region for the short. Pip...
By checking the gold chart in the weekly time frame, we can see that the price is still in a strong upward rally and is breaking records every week! Today, the price was able to grow up to $2352 and register a new ATH! Pay attention that the range of $2335 to $2353 is a supply range and it is the only range that can prevent further price growth, otherwise the...
Crude oil is likely to continue to rise next week, but there are still short opportunities, the operation plan has been given in the chart, this week to participate in crude oil orders are very few, the main reason is to focus all on gold, there is a good opportunity to enter the channel next week will prompt everyone!
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Here's the inverted scale on the previous chart which I posted for you all, providing another angle on the market. Gold has tapped into our POI for sells and so far rejecting. Let's see if this huge move can play out! I've been buying XAUUSD since prices been at early $1,600's. Is it time for a reversal? It's not impossible. Gold is extremely overbought & moving...
The entire precious metals sector, including Silver, is currently of great interest, not just gold. For silver, we currently assume that we are probably nearing the end of Wave (iii), which can reach a maximum of 28.51 dollars. We are currently within our target zone for the Wave 5s, so it will likely be challenging to break through and invalidate the 461.8%...
Introduction - After proof checking DRAFT 7-5 for all weak spots, this updated and detailed draft is the base case guide going into today's open in six and a half hours. Details - All background information, data, concepts, suggestions, and etc... can be found in previous DRAFT 7-5. This post is for continuous updates/notes/commentary on live price action from...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price started to trades in flat, where it some time traded in support area, after which bounced up to top part of flat. After this, price bounced down to support area, after which it at once made upward impulse, thereby breaking $2210 level. Also, XAU...
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