Gold futures price delivered in December 2023 on the Comex New York floor decreased by 15.1 USD, equivalent to a decrease of 0.76% to 1,973.5 USD/ounce. Gold experienced an impressive October and a historic month for this market, closing at a record high with an increase of nearly 7%. However, according to analysts at the World Gold Council, this precious metal...
World gold prices decreased this morning with spot gold down 13.5 USD to 1,977.5 USD/ounce. Gold futures last traded at 1,988.6 USD/ounce, down 10.6 USD compared to yesterday morning's gold. During the first trading session of the week, safe-haven metals came under pressure as risk appetite among investors and traders increased. According to experts, weak...
Hi Traders! There is a resistance short-to-support opportunity on the CHFJPY 1D chart. Price Action 📊 The market has reached the 2-month resistance at 166.601 (August 2023 high), and bears are currently holding strong at this level. A continued hold here will most likely lead to a pullback to the support level at 164.000. We are looking for the bears to hold...
Hi Traders! EURUSD is near its lowest level in three months. There is a descending triangle formation on EURUSD, and there is a possibility of a breakout to the downside. Price Action 📊 The market is in a descending price channel with lower highs and lower lows, creating a descending triangle pattern on the chart. We are looking for a support break and a close...
Price is hovering at our buy entry, at 1.2190, which is a major overlap support level. Our stop loss is at 1.2132, which is another overlap support level. Take profit is at 1.2390, which is an overlap resistance level. We can expect price to gain bullish momentum to the upside soon due to the correlation of GBPUSD and DXY. High Risk Investment Warning Trading...
Based on the H4 chart analysis, we can see that the price is nearing our buy entry at 1.2756 which is an overlap support level that aligns with 61.8% Fibo projection and 127.2% Fibo extension. Our take profit will be at 1,2833 which is a pullback resistance level. The stop loss will be set at 1.2664, which is an overlap support level. Please be advised that the...
The daily trend is bullish after the pullback made my the price, i was wating for a retracement in a smaller timeframe , and in H1 i saw a good entry point. The Price is near the lowest trendline and the support made above 156.250 can help i buy vision of this operation. Thank You!
Price is moving towards our sell entry at 1.0960 which is an overlap resistance that aligns with 61.8% Fibo retracement. Our take profit will be at 1.0916 which is an overlap support level. Stop loss will be at 1.1005. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
Based on the H4 chart analysis, we can see that price is approaching our sell entry at 0.9915 which is an overlap resistance. Stop loss will be at 0.9198 which is a pullback resistance level. Our take profit will be at 0.9041 which is a multi-swing low support level Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Based on the H4 chart analysis, we can see that price is falling to our buy entry at 0.9028 which is an overlap support level. our take profit will be at 0.9102 which is a pullback resistance level. Stop loss will be t 0.8982 which is an overlap support. additionally, price is also above a significant ascending trend line, indicating further potential for...
Based on the H4 chart analysis, we can see that price has just bounced off our buy entry at 1933.32 which is an overlap support level. Our take profit will be at 1954 which is anoverlap resistance. Stop loss will be at 1913.47 which is an overlap support level Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Hi Traders! We had a breakout to the upside of our symmetrical triangle setup yesterday. We had the retest of the breakout and had a bullish push to break and close above the 0.67172 resistance level. PLEASE NOTE: LATER TODAY, THE NON-FARM PAYROLL (NFP) WILL BE ANNOUNCED THEREFORE THE MARKETS WILL BE VERY THIN SO PLEASE TRADE CAREFULLY! We will continue to...
Hi Traders! We currently have a symmetrical triangle setup here where the breakout could happen in either direction. We are currently in the middle of the range looking for a direction. To the downside, we must break and close below 0.66266 for a further push down. To the upside, we must break and close above 0.67172 for a further push up. Please keep in mind...
#USDPHP (UsDollar Vs Philippine Peso) chart is in good demand Area Entry:55.41 SL:55.06 TP:58.87 RR= 1:10 Support Me & Share Please if You like Post
Looking at the H4 chart,we can observe that the price is approaching our sell entry at 0.6629, which is a pullback resistance level along with the 50% Fibonacci retracement. We have placed our stop loss at 0.6312, which is a swing high resistance level. Additionally, our take profit level has been set at 0.6169, which is a swing low support level Any opinions,...
Hey trader, As you can see the price is currently bearish running below the double tops L1, 50, and bearish crossed short-term MAs. It is expected to drop the patterns L2 & L3 together for the 200 MA (visible in my MT5 chart). But this bias will be fully confirmed once the price has bearishly closed and retested below the 1st 4H Key Lvl and 50 MA. If the price...
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Today we are looking at CADJPY and the pair breaking the 102.500 - 102.440 range and dipping 100 pips. The trading set up that we have behind this trade is as follows: CADJPY SELL @ 102.608 TP: 101.234 SL: 103.459