The price of gold ($XAU/USD) has surged above the $2,300 mark, defying expectations in the face of robust US Nonfarm Payrolls (NFP) data and escalating geopolitical tensions. Despite a strong labor market report indicating robust hiring, gold continues to assert its status as a safe-haven asset amid uncertain economic conditions and geopolitical instability. The...
This week, international gold prices rose sharply from 2,163 USD/oz to 2,236 USD/oz, closing at 2,233 USD/oz. The increase is attributed to positive US economic growth in Q4 2023, although it slowed compared to previous quarters. Inflation is also decreasing, leading investors to anticipate interest rate cuts by the FED from June onwards. The forecast for March...
Here is the 14 years of GOLD price history and action. Looking at it we can locate a lot of triangle shaped during its movement. 📌 Nowadays we facing resistance zone of $1860 (2011-high) and this is important zone for the whole world. Here is the chart of GOLD (XAUUSD) as pic: Price consolidate in triangles over and over from 2007 and this is quite...
USOIL - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USOIL Entry Point - 86.67 Stop Loss - 88.00 Take Profit - 83.84 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Analyzing the options chain and the chart patterns of NG NovaGold Resources prior to the earnings report this week, I would consider purchasing the 3usd strike price at the money calls with an expiration date of 2024-6-21, for a premium of approximately $0.37. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Introduction -I've been looking for this move 4 weeks now. I think it's now, RIGHT NOW! Details - My daily notes bat pretty well but I've been very frustrated not hitting one "giant but quick super rally" for last four weeks. These things have a "very specific look" that I call "reverse one step water fall". Will explain later. So when they show up in major...
The BCO/USD chart reveals a bearish divergence ; despite higher price highs, the CCI shows lower highs, signaling a potential reversal. Additionally, the CCI's presence in an overbought zone suggests the pair might be peaking. April's monthly pivot at 85.66, like March's, remains untouched —a notable point for traders. This untouched pivot, combined with our...
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell GOLD. ❤️ Please, support our work with like & comment! ❤️
Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 26.776. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 28.130 level. P.S We determine oversold/overbought...
This week was very bullish for Silver. The market managed to violate a key weekly horizontal resistance. It opens a potential for a further growth. Next resistances: 28.0 / 29.5 ❤️Please, support my work with like, thank you!❤️
hello everyone... as you can see, gold did a fake divergence and it is a weak one! I believe the main trend is bullish so you can get a long position until the target that it is 2273! target1=2202 target2=2248 target3=2273 ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I...
hello guys... as you can see, gold did a divergence and it is a weak one! so this shows us the correction will be a little bit! I believe the main trend is bullish so you can get a long position until the target that it is 2273! but if the 2141$ area is lost then the trend will convert to bearish for a few days until the price touches the gray area as the...
XAGUSD / 1D Greetings, traders! Welcome back to another market analysis. Silver has been Trading in a trading range with a bullish long-term trend, the price recently tested a KEY Level which suggests a run higher. Check out the chart for the swing targets and what kind of confirmation bulls need to see for the next pull-back if it happens. Trade safely, Trader Leo
Good Day, Fellow traders and followers, IS SILVER ABOUT TO TO GO BONKERS?!?!?!? This chart is kind of busy, I don't normally make busy charts, but there is so much going on in this monthly chart. Lets dig in!! First off, lets start with the price action, it has clearly broken through resistance (blue line). Also, the price action is in a purple cup, that's...
ProFrac Holding Corp. operates as a holding company with interest in manufacturing and distribution of fracturing units & pumps and provides related services. The company was founded on August 17, 2021 and is headquartered in Willow Park, TX.
Exiting the price increase channel has caused the product to drop in price impressively. It is currently trading below around the 2285 and 2290 resistance zones. The downtrend following the profit taking at the $2305 mark is still very strong with stable trading activity on the 1 hour time frame. Therefore, it would not be surprising if I expected the price to...
In the early trading hours of Thursday, gold prices experienced a momentous surge, briefly peaking at $2303 before stabilizing within a steady range of $2292 to $2295. This ongoing ascent not only signifies another historical milestone for gold but also underscores its remarkable resilience amidst minor market adjustments. The persistent climb in gold prices...