Gold has been bullish against the US dollar in recent day trading sessions, driven by geopolitical tensions, economic uncertainty, and a weakening dollar. Technical indicators support further upside potential, with traders likely to continue buying into gold as a safe haven asset. The outlook for gold in day trading remains positive, with potential for continued...
XAU/USD is facing resistance, indicating potential selling pressure. Day traders may consider short positions near resistance, targeting support levels. Monitoring price action and volume is key for confirming the selling pressure and managing risk effectively. Setting stop-loss orders is important to protect against potential losses. Entry: 2345.61 Sl:...
Last Week : Last week Globex opened and pushed out of Value of 5227 - 5066 Range, by RTH Open we were able to make a push over 5207.50 the Edge low but we needed acceptance over 5207 - 04 area and instead selling came in which took us through the Mean and right through VAL of that Range without any buyers being at VAL, instead we got covering and buying under...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:42 for Hindi Audio) -No Trades in the morning -Poor Volumes in nifty before 10 -Sold Nifty Future Below 22660; -How will i trade when market opens tom
AUD/CAD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. AUD/NZD Short Minimum entry requirements: • 1H impulse down. • If 2 touch 15 min continuation, 5 min risk entry within it.
The gold will go to the support break of daily candle will become the new RS in 2360 can entry the sell
Gold is facing strong resistance and is likely to drop. Consider shorting gold at the current resistance level with a target price set at the nearest support level. Monitor price action and market sentiment closely for potential profit opportunities. Use proper risk management techniques and stay informed about economic data and geopolitical events. Entry:...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:27 for Hindi Audio) -No Trades in the morning -Good Buy Volumes in Nifty Before 10 -Nifty Futures Breaking day Low;Triggered a sell at Vwap. -How will i trade when market opens tom
Looks about done with C wave of the wave 4 triangle. Hard to say what E wave will do could do. Might extend or truncate or hit the bottom TL. But minor wave 4 almost completed.
Gold is currently facing resistance at key levels, making it challenging for prices to push higher. Factors such as a strong US dollar, rising interest rates, easing geopolitical tensions, and bearish technical indicators have all contributed to the pressure. While the long-term outlook for gold remains positive, the current resistance zone suggests that the metal...
EUR/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • Tap into area of value. •...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:27 for Hindi Audio) -No Trades in the morning -Poor Volumes in nifty before 10 -Sold Nifty Future Below 22440 for a gap fill! -How will i trade when market opens tom
The XAU/USD pair is showing bullish momentum, with the weakening US dollar and global economic uncertainty driving up the price of gold. Technical analysis also supports a bullish bias. Day traders may consider going long on the pair, but should exercise caution due to gold's volatility and use proper risk management techniques. Entry: 2323.28 SL:...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:41 for Hindi Audio) -No Trades in the morning -No Volumes in nifty before 10;Vix dropped to 10. -Scalped Sold Nifty At Vwap;Got out at Cost. -How will i trade when market opens tom
Wait to see use my idea, SNR Gold already break Sell the next way it will make it the domain break for 23-04-2024
XAU/USD, gold/US dollar, is showing signs of a potential drop in day trading. Technical indicators point to a bearish outlook, with the 50-day moving average crossing below the 200-day moving average and the RSI indicating overbought conditions. The US dollar's strength and the Federal Reserve's hawkish stance are pressuring gold prices. Day traders can consider...
PEPE bulls are already to make 150% pump after the correction. We see not only one confirmation of bullish signal. Risk reward 1/3
EUR/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.