As the market worried about a broader economic recession and worries about the escalation of the crisis in the Middle East had eased, gold prices fell the most in a year, and the market's "risk aversion" sentiment further reversed, with gold prices falling 2.34% to $2,336.46 per ounce. The trend of gold has been in this gloomy pattern throughout the day, with...
Spot gold maintains a sharp decline during the day, with the price of gold currently located near US$2,300 per ounce. It plummeted $64.95, or 2.72%, on Monday to close at $2,327.18 per ounce, the largest single-day drop in more than a year. On Tuesday, it fell further, with gold prices reaching as low as $2,295.44 per ounce. The decline is already a trend, pay...
In the past two days, gold rebounded above 2330 and fell back. Now it has been converted into a support level. If the fall does not fall below 2330, then gold can rely on 2330 to support the bullish trend. If the data is negative and directly falls below 2330, then the rebound will continue to be bearish. "Emotional trading is fatal. A good trader must keep an eye...
Gold failed to break through new highs again. Although there was a short-term rebound, the amplitude was very small. The short-term decline has become a trend. Then we will follow the trend according to the market, short on rallies, and achieve stable profits. We hope this can Help you.
U.S. first-quarter GDP growth released on Thursday fell short of market expectations, dragging the U.S. dollar index to a nearly two-week low and helping gold prices hold on to key support. During the day, we will focus on data such as the annual rate of the core PCE price index in March in the United States, the monthly rate of personal expenditures in the United...
The Bullish Butterfly pattern is another harmonic pattern used in technical analysis. It's similar to the AB=CD pattern but with some distinct characteristics. Here's how it forms: 1. **X to A**: The pattern starts with a significant price move (leg XA), usually in the direction of the prevailing trend. 2. **A to B**: This is followed by a retracement (leg...
The AB=CD pattern is a popular harmonic pattern used in technical analysis to predict potential price movements in financial markets, particularly in forex and stocks. It consists of four points: A, B, C, and D. - The pattern starts with a strong price move (AB leg). - This is followed by a correction (BC leg), which usually retraces a significant portion of the...
this zone marked is potential reversal zone . expecting reversal from that zone.buyers can look for buying confirmation inside the zone. -- intraday traders can keep 0.236 fib level of swing C to latest swing low. entry is strictly inside zone. keep sl below zone -- swing traders can keep 0.5 fib level as tgt.
Is another currency like bonk coming Yes Turbo does not travel to the moon But It will go to Mars Community Verified icon
Is another currency like bonk coming Yes Turbo does not travel to the moon But It will go to Mars Community Verified icon
It's no secret the elite are manufacturing pandemics to herd, destroy and remake society into a neofeudal system controlled by social credit scores. The next pandemic will be H1N1 which has already been shared within the news that milk in the markets has trace amounts of (no worry they say!). After the establishment rolls out bird-flu for everyone's summer bingo...
A harmonics pattern has formed in AUDNZD along with the presence of divergence, indicating a likely reverse in trend.
this zone marked is potential reversal zone . expecting reversal from that zone.buyers can look for buying confirmation inside the zone. -- intraday traders can keep 0.236 fib level of swing C to latest swing low. entry is strictly inside zone. keep sl below zone -- swing traders can keep 0.5 fib level as tgt.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
AUDUSD harmonic bullish reversal on 1H time frame making bullish
BTC - Trading in bullish pennant !! Break out ! (Bears rekt)