in case the price will go back to level 1730 I think it will be good opportunity to take a sell position.
* advice ( keep watching with no act until the market come to your trap )
Gold has been weak so far and we are most likely to see a downward continuation if we see a strong break below 1840, IT IS ALSO likely to be bullish if we see a change in market behavior above the 1840 region.
The S&P500 has done exactly as I feared.
Thesis: The US is transitioning. The US dollar was the reserve currency of the world. We exported dollars and it either sat in banks or was imported back as investment (Bonds and stocks). When we locked up Russia's money we made EVERY country re-evaluate their relationship with us. A significant pivot is happening on the...
WHEAT: A breakout is on-going following a great volatility consolidation pattern "VCP"
3 supports and a pivotal point touched 4 times.
This is a good set up.
XAUUSD has broken below a major structural level in what may be a simple break and retest for a downward continuation, we will carefully monitor price action around level X and Y to get a directional confirmation.
NO RUSH
From my study of price action from the daily timeframe I observed the following
1.From 1st March to the 8th March we saw price very bullish
2.From 9th March to 15th March we saw price strongly bearish
3.From the 16th March to 31st March we saw price play within a range
Currently i'm looking foward to how price will react below the range, i'm anticipating a...
Hello trading friends,
This is an update for COMPUSDT.
Depending on the study trend - we could enter a new high trend with a possible breakout of the compound.
Depending on the chart show, it shows the box close possibility trend.
60% + could be a possible increase trend for COMP coming time.
Don't expect to fast changes - market going on their way.
- This...
SP500 Analysis Long Chart Daily Target 4588.6 Holding Period 12 Days Good Luck.
DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial adviser before making any financial decisions....
Amid the current geopolitical news oil has tanked on the passed days pulling many energy prices up along with fuel prices. There are strong plans to maintain the current global oil prices with support from the US.
On a technical level, oil is also breaking out from an outstanding comeback from the 2020 lows of below $0.00. We are now trading above the $100 per...
WTI crude oil prices remain on the front foot at around $91.45, up 1.30% intraday while consolidating the first weekly loss in nine during Monday’s Asian session.
Although fears among the energy bulls could be spotted as the key catalyst for the black gold’s first weekly loss in multiple weeks, geopolitical noise surrounding Russia and Ukraine joins the OPEC+...
We saw a break and retest of structure from yesterday and considering the bullish sentiment on the longer timeframe, I'll be bullish till at least 1840 region till any further reaction
OPEC+ LEAVES JANUARY OUTPUT PLANS UNCHANGED BUT REMAINS FLEXIBLE TO OMICRON-RELATED SHOCKS
Yesterday the Organization of Petroleum Exporting Countries (OPEC), Russia and its allies, known as ‘OPEC+’, decided to stick to its original plan to increase oil supply by 400,000 barrels per day (bpd) despite the ongoing threat of Omicron on travel restrictions and the...
With NFP numbers, gold found its breakout to upside with low job numbers and it literally exploded in few minutes before the numbers.
But it reached to all-time resistance 1833 area and have significant resistance and need to have a clear breakout to confirm moving upside towards 1900.
It might come back to the area of `1810 to take support with an extension to...
