Gold fell below $1,830 an ounce on Tuesday, sinking to its weakest levels in seven months due to constant pressure from a strong dollar and surging Treasury yields. The dollar scaled fresh ten-month highs against a basket of peers and the 10-year US yield rallied to its highest levels since 2007 as strong US economic data bolstered the view that the Federal...
Gold reaches the specified level and forms a false breakout attempt. A rebound may be formed. But there is a chance of a continuation of the fall from the level of 1825. TA on the high timeframe: 1) Broken 0.5 fibo level. A strong fall is formed from the opening 2) The liquidity area that the price can test within the counter-trend correction is in the area of...
We still have a good chance to take short as you can see we have a good price action also we have some strong key levels , The market will stop in the first Support on 1D so be careful
Retesting resistance currently, i like this down to $1,800-1,820 as you would see in my past gold post. We have been pretty accurate following gold so far, dont expect much more upside before a further move down.
Gold keeps falling since the market opening this week. Here are the updated structures & key levels to watch on a daily time frame. Support 1: 1803 - 1814 area Support 2: 1765 - 1777 area Support 3: 1726 - 1738 area Resistance 1: 1883 - 1890 area Resistance 2: 1902 - 1907 area Consider these structures for pullback / breakout trading. ❤️Please, support my...
Intry price: 1829 Stop : 1838 Tp short 1: 1816 Tp short : 1808 Tp short 3 : 1797
2017 - 2021: Market made its first impulse wave. Created a new ATH (all time high) at $2,074. 2022 - 2023: Long term correction & accumulation for buy orders. Also, market trapped late buyers at the top, who got in during the end of Covid. Liquidated them during the correction. 2024 = New all time high’s for the market. Markets move in cycles. Never a...
TVC:GOLD forecast The price reached our target in the previous idea. So, now the price will move between 1931 and 1815 However, stabilizing above 1831 will reach 1857 we had a strong support area, if the price breaks this support area it means will continue the downtrend to get 1786 and 1773 but the bouncing from the lower of the channel will start from...
WTI oil is going to test 84.5$ level while Dollar is going green, probably it’s will go down more than this level. we will wait to see price move after test the level. Wish you best trades
📊 COTTON ⏱ TIME: 1W 📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future. ⭕️risk: LOW 📍buy market:89 $ 📌TP1: 104 $ 📌TP2: 116 $ 📌TP3: 124 $ 📌TP4: 150 $ ⛔️SL: 74.5$
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to the 1890 resistance level, which coincided with the resistance zone, and at once rebounded up to 1980 points, but didn't fixed and continued to decline. Price broke the 1890 level, entered to big consolidation, and fell to the bottom part of it, which coincided with resistance 1,...
USOIL New forecast The price perfectly fulfills my last idea and price reached to our target . On Wednesday, there is a meeting of the members of OPEC Plus, and the decision is in their hands. Increase production. We will witness a decrease in prices. Extending the reduction, we will witness an increase in prices. Additionally tomorrow we have US crude oil...
hello guys... as you can see, gold formed two opposite sides of the channel. an ascending channel in the long term and a descending one in the short-term time frame! the dark blue line is an important area for touching and starting an upward movement let's see what happens! _________________________ always do your research. If you have any questions, you...
OANDA:XAUUSD is testing the liquidity area I mentioned yesterday. The mentioned levels are not target levels, but only on the way to the target. Gold does not reach the lower boundary of the zone and the market maker forms a trap On the chart I have marked the liquidity area - quite a wide corridor and with a high probability the price should pass this zone,...
XAUUSD D1 We have sold off an absolute monstrous 1250 points in total from 1940 down to 1815, actively 1150 points as we have bounced somewhat 100. Support price of $1805 would be the lowest price gold has trading during the whole of 2023. We have have a huge bearish selloff without any relief rally. A bounce from support price of $1805 could be amazing...
WTI Bullish into last week's range again with prospects of an upside continuation for the day ahead.
Hello Traders WTI is continuing with major pullbacks off the upper resistance cluster level increasing the bearish momentum. WTI is likely to finalize the whole ascending wedge with the main breakout below the boundary. USOIL just retested the low of last week and started to rise from there without any stop. stabilizing above 87.67 will support rising to...
Midday Europe Market scan, turnaround Tuesday? Plenty of prospects if DXY meets supply.