XAUUSD has reacted off the pivot that lines up with the 78.6% Fibonacci projection and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2353.87 Support: 2330.47 Resistance:2372.98 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
Dear friends, at the beginning of the new week's trading session, the price of gold fell exactly as I expected and quickly bought back the decrease at this high level. The uptrend still seems clear on the 1-hour chart. You may wonder why the price has increased so sharply. Regarding international market information: -Expectations that the Federal Reserve...
I believe it's possible to observe a Pullback prior to CPI data on Wednesday for Gold. CPI is anticipated to increase once again which is not great for the Fed's inflation goals. This could cause more buying pressure on gold. In the meantime, we've seen a nice Higher High of 1hr market structure to begin the week. This seems like a solid liquidity move preceding a...
Hey everyone, kickstarting this week with a golden stride, gold prices surged right out of the gate on Monday, continuing its impressive rally. In the early trading hours, gold momentarily soared to a dazzling $2354 before settling back at $2337, marking a 0.31% increase for the day. This upward trend defies the traditional headwinds gold faces, especially amid...
Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2330 position. Today's transaction can actually be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly,...
Hi, 1PERCENT here. It is important to notice that currencies in the world all lose value over time. It converges to 0. The median home price went from $20K in the 1960s to $385,000 today. The house did not change obviously. But your currency value decreased. Why is that? You gotta understand that the whole system is built on debt. To learn more about...
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!