Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 80.46 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
OANDA:XAUUSD stabilized after hitting a more than two-week low as concerns about escalating tensions in the Middle East subsided, while investors await key economic data to further clarify the timing of US interest rate cuts. America. Israel stepped up its attacks on the Gaza Strip, its worst shelling in weeks, but fears of a wider conflict eased after Iran...
Take a look at our analysis for SILVER. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 27.366. Considering the today's price action, probabilities will be high to see a movement to 26.782. P.S We determine oversold/overbought condition with RSI...
Today's focus: Gold Pattern – Lower High swing point Support – 2290.50 to 2315 Resistance – 2338.40 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Gold on its daily chart. Do we have a new swing lower in play after sellers formed a lower high? This could be the case, but we still need some confirmation. In today's video, we...
Gold is shining bright as it rides a bullish wave, fueled by geopolitical tensions and economic uncertainty. Technical indicators are pointing upwards, hinting at more potential gains. Day traders can hunt for buying opportunities during pullbacks, but must tread carefully in gold's volatile waters. Entry: 2333.19 SL: 2328.31 Target 1: 2337.21 #Gold...
For gold, we look at the 2345 line. The K line has reached 2346 as scheduled. Our target has been accurately reached. The golden four-hour line still maintains a bullish trend. Although the negative and positive lines are intertwined, the overall trend is still holding the 2310 line. The market continues to close the shadow line, and the signal is obvious....
Waiting for price to pullback at the pivot and could fall to overlap support. However, a break above the pivot might lead price to rise toward a multi-swing high resistance Pivot: 2333 Support: 2320 Resistance: 2346 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 82.33 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 80.50 which is a level that lies underneath a pullback support. Take profit is at 84.67 which is an overlap resistance. ...
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) Ideas For 30 April 2024 SELL LIMIT Order: $2336.52 Stop Loss: $2347.08 Take Profit 1: $2326.21 Take Profit 2: $2312.50 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Crude oil market analysis Crude oil is much simpler, and crude oil forms a multi-bottom form near 80.00, so we stick to the optimistic idea that a return to support is a buying opportunity! The size trend of crude oil is bullish, the weekly close is small, this week may see optimistic performance, the recent crude oil inventory data is to support the bullish...
Today I tell you very clearly to sell gold 2345-2350 We make a profit at 2329 Then we bought gold around 2330 and made a profit again Then around 2345, if you continue to sell gold, you will make a profit! Today, the market has been moving within the range we have been analyzing throughout the day. Did you see that? Can check my last article I was clearly given...
The specified currency must first return to the origin of the movement. To be able to reach the top The market maker must first collect the currency and exit his sell orders in the specified area in order to be able to achieve high liquidity.
If the Federal Reserve refrains from cutting interest rates this year, particularly when it was widely anticipated by the market, it could have significant implications for gold prices. Here's how: Market Expectations Disappointed: When market expectations aren't met, especially regarding key monetary policy decisions like interest rate cuts, it often triggers...
So I was looking at Crude on the weekend and I couldn't determine a clear direction for Monday. Now Monday Is almost over and we Have disrespected the Mean threshold of the Daily +OB I do expect price to be bearish and heading down towards the Daily FVG. An Good indicator on the Daily we have respected the WEEKLY ifvg CE. These things are very important to...
Hello,Traders! NATGAS made a gap up Then hit a horizontal level Of 1.989 then made a breakout And the breakout is confirmed So we are bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Everyone, Great start to the week with our chart idea playing once again in true level to level fashion!! Price was sitting between two weighted levels, 2354 resistance and 2327 support and we were looking for either weighted level to break and lock to confirm the next range. We got our bearish target hit first at 2327. No lock below confirmed the rejection...
Daily/4h time frames analysis for Gold. Price action analysis. Important key levels. Technical outlook. ❤️Please, support my work with like, thank you!❤️
Gold once dipped deeply on Friday, but overall it still held the 2310 line. The bulls held the 2310 line. The overall thinking was bullish. The gold four-hour line is still bullish overall, showing an arc bottom shape. At least the K-line is still above the moving average. Even if the K-line is tested downward, it maintains a strong upward rhythm, and the...