Hey Everyone, Another great day for us with our route map and targets getting HIT inline with our plans to buy dips. We stated yesterday our open target to 1928, which was HIT perfectly completing this Bullish target using our retracement range for the multiple entries. We also stated that 1905 swing range is also open but not to target but to keep in mind and...
AMEX:GDX Trend Line Break, echnical breakout in the chart of AMEX:GDX , which is an ETF that tracks the performance of companies involved in the gold mining industry. A "Down Trend Line Break" to the upside is typically seen as a bullish signal in technical analysis. It indicates that the security in question, in this case AMEX:GDX , has broken through a...
Hello traders and investors As shown here on my chart gold if breaks its higher level (2090) it will reach TP1 around 2200 and TP2 2550. so 2090 it is the key of all blowups Remember traders that i am not having a cristal ball predicting markets moves but i try to be more efficient and rational Good luck
A move up to 4375 area is likely in the morning to test the channel. I expect a failure but if they get over 4380 they will likely fill the gap at 4404 on spx cash. Us oil needs to get over 88 convincingly to be a solid long, right now it's just chopping around confusing both sides. Gold and SIlver both broke down and now are retesting structural resistance, it's...
Good Afternoon! Long Term #interestrates are PUMPING today!!! The 10 & 30 Yr have been struggling in this area. They are currently forming a negative divergence. We'll see how that goes. 3Month - 1Yr haven't moved much. 2Year #yield is also moving. This is "good"! That means that the normalization of yield curve is not happening yet. #stocks #gold #silver
Resource are very likely the place to be over the medium term. Satrix Resources which is a basket of the biggest resource stocks on the JSE is bouncing off a massive level of previous long term support which has now become support (Change of Polarity). This is a great area to accumulate for the long term in my opinion. Will be happy to review after a few months...
Gold / XAUUSD has again failed to cross above the Falling Resistance of the long term bearish trend. In fact today's failure, if remains, it will be a technical Double Top formation, a very bearish pattern. Sell if it stays intact until closing and target 1900 (4hour MA200) and 1875 (Fibonacci 0.5 level). The 4hour RSI also shows that we have a rounded top like...
#ERUGBP UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and also our trading analysis. Today we are here here to share our updated analysis on EURGBP. As EURGBP was in down trend in the HTF, and then it has done the change of character pattern. Also we had an order block at the top, where we can see a good selling...
My dear friends, Please, find my technical outlook for SILVER below: The price is coiling around a solid key level - 22.8833 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 22.016 Safe Stop Loss - 23.334 About Used Indicators: The...
But black gold What is 100% clear and certain for me is that there is no seller in the upper price levels and the price level of $130 is empty of heavy sellers and oil has a target of $138. But until the price reaches 138 dollars, many ups and downs are possible, because the weekly price structure is currently downward and the price has made a PA in the range of...
R3 LRS 1973 Supply Area R2 MRS 1953 Supply Area R1 HRS 1932 SNR S1 HRB 1932 SNR S2 MRB 1903 S3 LRB 1858 Demand Area D1 On Resistance Sma200 1929 W1 On Resistance Sma44 / 1924 MN On Support 38.2% / 1903 MN On Resistance 23.6.0% / 1973 SELL> 1953 – 1973 BUY> 1903 - 1858 OBSERVATIONS: FOR FULL DETAILS VIEW THE VIDEO IN THE LINK
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XAUUSD symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Good evening gold gang! .. a great day on the charts today following the analysis from last night catching some scalps along the way Starting with london session where the algo bounce was perfection netting almost 20 pips before price broke lower and deeper into the range before coming back up .. congrats anyone who took it news spiked up and tapped the algo to...
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 22.272 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Preferred direction: SELL Comment: The New Zealand dollar, which has been trading within a large long-term accumulation for a long time, is also prone to sales. Today the lows are expected to fall and update. The target of the transaction is approximately the level of 0.58000. Thank you for like and share your views!
Preferred direction: SELL Comment: The price of the currency pair is once again testing the level of 1.05700, in addition, the market is awaiting data on retail trading. Most likely, against the background of this, the currency pair will make a small jump above current prices, and then slide back down to the level. The target for the fall can be considered at...
Hello,Traders! . . . . . XAGUSD (Silver) is trading in a downtrend on the daily and sitting right below the 50 MA. After the recent decline and consecutive rejection at 20.73, price has been pushing upward in an impulse, correction phase. It is currently rejecting the 32% fib after the impulse rise from 21.77. All signs are pointing to more upside at the...
The conflict may escalate further, and Iran warned Israel not to expand the situation, otherwise it will join the war. Once Iran joins the war, oil prices will skyrocket. Last week, due to the conflict, oil prices rose to close at 87.72. On Monday today, the opening momentum of oil prices has slowed down. On the one hand, it is due to some profit-taking. On the...