GOLD: Bullish - FLAG detected + Breakout of the range. 1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$. 2- When we break a range the Take profit should be the Height of the range. Then the TP2 is expected around 2 518$. 3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is...
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price some time ago entered to support zone, which coincided with support 2, and started to trades inside. Gold long time traded in this area, after which the price declined a little lower and then made impulse up higher level 2, thereby breaking it and exiting from the...
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 27.890 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 - 28.558 About Used Indicators: On the subsequent day,...
As you can see, the price reached a daily bearish FVG and had a bearish reaction, so we are looking for a sell position. I am searching for a premium entry, there is buy-side liquidity below FVG which aligns with the balance price range. Until we don't close the candle body above the Daily FVG, I am bearish. 💡Wait for the update! 🗓️15/04/2024 🔎 DYOR 💌It is...
GOLD now has a bullish impulse that made it cross the 1800 resistance mark ! Will it go further and breakout from the handle and move higher up? The target seems to be 2,500 based on the depth of the cup. Let me know what you think?
Oil investors piled into the options market days before Iran launched its attack on Israel and traded a record amount of contracts that profit from higher prices. Just over 1 million calls on the global Brent crude benchmark traded last week, surpassing a previous record, according to data compiled by Bloomberg. The volumes were focused on contracts at $95 and...
Emergency situations As Iran launches a large number of missiles and drones towards Israel, risk aversion has increased, and gold will jump $50 higher at the opening tomorrow. 1. Federal Reserve-Goolsby: If the PCE expands again, the Fed will stabilize prices. Schmid: There is reason to think that interest rates will remain high for a long time. Bostic: The...
VANTAGE:USOUSD Spot crude oil is showing a megaphone pattern on the 4H chart. This suggests increased volatility due to buyer/seller indecisiveness especially when the price action is near the upper and lower lines as well as the midline. The link below goes to a tutorial on how to trade a megaphone pattern.
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 80.85 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✅
By examining the gold chart in the 30-minute time frame, we can see that the price started to grow from the demand range of $2326 to $2333 and is currently trading in the range of $2341! Pay attention that at this moment gold has entered a supply range and because of this it has faced a negative reaction, but there are a series of attractive ranges for trading...
following last year prediction, xauusd is really near 2500 as predicted by adding wave 3 now the size match trend lines, i think this will do a short-term sharp retrace for wave 4 followed by short term wave 5 probably ending diagonal, than will start a bigger wave 4 wich will be more complex on the way to fish long term wave 5, than... "The" long term retrace
Natural Gas prices have been dropping over the past four months due to progress on renewable energy and hot weather being among the drivers. However, market could become tighter this year, with slower supply growth and an acceleration in demand, while key US drillers have slashed their 2024 outlook. Further Middle East hostilities after the Iranian hit on Israel,...
As in previous post on Sunday - So we have dipped our toes into the weekly fvg May leave a low in place here to raid it again later, want to see weekley CE respected.. as its London and Monday this could be the judas swing... wait for more info and cme or 830 open. Any Longs from me will need market to show displacement on 15min or 1hr tf... no rush
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2364.7, which is an overlap resistance. Our take profit will be at 2327, a swing low support level. The stop loss will be placed at 2390.99, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Hello dear friends! In general, last week gold experienced quite strong fluctuations affecting gold and currency pairs. Let's discuss and strategize for the new day with me. From now until the end of the week, there will basically not be as much important information as last week. From the 1-day chart, it can be seen that at the close of the candle last Friday...
There is no doubt that Gold (XAUUSD) has entered a new Bull Cycle after last month's bullish break-out. Last week though it closed its 1W candle almost on a Doji which can potentially be a trend reversal, at least on the short-term. As you can see on this 1W chart, which displays the similarities between the previous Cycle and the current, such 1W candles have...
Gold prices are surging amidst escalating tensions in the Middle East, following Iran's recent attack on Israel. Surprisingly, the US dollar remains steady, as market sentiment is relatively calm despite the geopolitical strains. Gold could see further support ahead of the upcoming U.S. retail sales data. The initial target is today's high of $2,373, with the...
Gold is losing ground as traders lock in the time aggressively. The US Dollar tested a multi-month high today. Normally, a strong dollar would lower gold prices, but the current situation is unique as gold prices are driven by central bank demand and rising geopolitical tensions. In case gold falls back below $2,350, it will head towards the nearest support,...