WTI oil (XTI/USD) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 85.20 1st Support: 83.52 1st Resistance: 86.89 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. Trading Forex and CFDs may not be suitable for...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2345, which is an overlap resistance that aligns with the 61.8% Fibo retracement. Our take profit will be at 2327, an overlap support level. The stop loss will be placed at 2362, which is a swing-high resistance level. High Risk Investment Warning Trading...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 12364, which is a pullback support that closes to the 50% Fibo retracement. Our take profit will be at 2395, which is a swing-high resistance level. The stop loss will be placed at 2327, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs...
Bullish fundamentals are potentially setting up 'higher-for-longer' oil prices. I think we might see a retrace down to the trend-line area given how far we have extended. Although, in any case be ready to jump on a bullish move. If we start creating downtrend structure then sentiment might have shifted, noting US / EURO growth rates / interest rates are also...
Here on gold price has made a reversal showing that the seller has step in so going for SHORT is needed and targeting profits at level of 2373.04
XAUUSD is still in an uptrend at the 2395 level if the price cannot break through. It is expected that in the short term the price will go down. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
"Leading Manufacturers and exporters of Bright Bars, fasteners, HB wires , Annealed Wires , Binding Wires , Galvanised Wires , Chain Link Fencing , Barbed Wires , Nails , foundation bolts" spot 9.46 expect 13 inr in A QUARTER FROM NOW ADD UPTO 8.80 DATE 12 APRIL 2024
Key metrics being overlooked imo #Bitcoin VS #Gold ETF buyers eyes Gold and stall on BTC buys Last TVC:XAU 2020 top month was a bullish breakout month for CRYPTOCAP:BTC Would they run together this cycle ? or BTC picks up when Gold stops #BitcoinHalving2024 AMEX:GLD AMEX:IAU CRYPTOCAP:ETH #Inflation
Today's gold price is following a specific wave pattern, experiencing a dip due to the US CPI index from yesterday. Despite geopolitical risks typically benefiting XAU/USD as a safe haven, the rising US dollar could cap further gains. Yet, the short-term downside risk remains. Gold is likely to retest the $2,305 area as per the pattern before a potential uptrend resumes.
hello everyone, currently gold is moving smoothly in an uptrend direction, the price is bullish so it's best to see the price action in 15min timeframe... currently it's just doing a minor correction for 1hr tf... price is still very bullish from weekly to 4hr timeframe... try getting low as possible good luck..
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 85.03 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 83.60 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at...
Not much to say here other than we're overextending to two MASSIVE resistance numbers, which break down into multiple short term resistance lines, which all occur in the marked zone. Unless gold decides to really take off because of the UFO's, then I'd say, the marked sell zone will be around a top. How far does it fall? no clue, but trends and retracement...
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 12 April 2024 Trade Idea 1 BUY LIMIT Order: $2351.75 Stop Loss: $2325.49 Take Profit 1: $2377.76 Take Profit 2: $2391.90 Trade Idea 2 BUY LIMIT Order: $2345.61 Stop Loss: $2325.49 Take Profit 1: $2377.76 Take...
Due to the clearing of sellers in the local area, the price of oil at $14 is ready to rise again to this area and register a new ETH. "Beta version whale"
Gold at all time high with Ascending triangle Triangle shape with horizontal top, up sloping bottom. Breakout is upward
The analysis of USOIL (West Texas Intermediate) takes into account multiple factors influencing the current oil market. Geopolitical tensions: Growing tensions in Gaza and concerns about potential attacks from Iran in the Middle East are adding a risk premium to oil prices. These events could lead to disruptions in oil supply, increasing price volatility. Supply...
Gold is overbought on all long term timeframes, 1D (RSI = 79.774, MACD = 65.910, ADX = 64.635), 1W (RSI = 78.920, MACD = 78.590, ADX = 45.450) even on the 1M technical outlook (RSI = 72.546, MACD = 91.920, ADX = 43.804). This doesn't mean that a technical correction is bound to come soon but on the contrary that this is a very strong cyclical trend that is more...
FX:XAUUSD continues to grow. Since the opening of the session the price has been testing 2350 but has not been able to update the maximum yet, having formed a correction to MA-50. CPI is ahead and the market stops and goes into a waiting mode. There is a huge imbalance in the market. The news can provoke strong sell-offs, provided that the price breaks...