METAL Testing bottom of channel, pump may come next if it holds! Targets are $1.50 and then $2.00 if middle of channel breaks. NFA & DYOR - Thanks! 🤑
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for XAUUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Gold prices reversed the bearish corrective trend, as we expected during the previous technical report, in which we relied on the negativity of technical indicators, in addition to the stability of trading below the 2006 resistance level at the time of the report’s release, recording its highest level at TSE:2009 per ounce. Technically, and with a closer look...
This one has to be mentioned. Engulfing bull candle rejected by huge bear candle only to find more bullish strength the next day. Its a sneaky strength because it hasn't showed its teeth yet. Velvet gloves And who doesn't like platinum
hello traders this is my next week market forecast for Gold prices extended their gains early on Friday as traders kept buying up in the face of lowering inflation, falling dollar, and rising economic worries. Two days after the yellow metal climbed above HKEX:2 ,000, it got as high as HKEX:2 ,048 per troy ounce, or just around 1.8% away from its record. It is...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Gold is retesting the previous all-time-high exactly at the TADAWUL:2050 area and we already started a small rejection away from the resistance. You can also see that weekly market structure is sill bullish, Gold is still creating...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting our 1800 support zone , Gold has been bullish making higher highs and higher lows. However, it is approaching the upper brown trendline that I consider an overbought area. Moreover, the 2075 is the current all-time-high. 🏹 So the highlighted purple circle...
Trend Line Has 4 Touches. After the break of trend line, waited for a rejection candlestick (Pin Bar) to form on the retest.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for XAUUSD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
hello traders here i will explain why people get faked out the market do same thing over and over again every time we should try to learn and see what the chart is saying and the mechanics behind how a trade setup form them selves i have outlined for breakout traders how they can avoid being faked out all the time ...comment down below and follow for more also...
Hi, this is my new update for Silver. Finally today we have broken one of the biggest trendline in the history of Silver. In the past 2 years we have been stuck under this trendline and after testing it for the 6th time we finally see a good breakout, but not everything is certain right now. Two months ago I told you guys that we are in a "bullish expanding...
XAUUSD is expected to decrease 13.58 units.
hello traders gold probably will sweep early buyers lets get it when it setup
Hello,Friends! SILVER will soon hit falling resistance line so accourding to the thechnical analysis rules there is a high likelyhood of a pullback from resistance. Hence short.
Here we have a mixture of patterns that alerts us of a bullish bias. MTLBTC - Produced a very strong decline. A strong move to any side produces a similar reaction to the other side. - This steep decline from 20-Feb. to 22-Mar. ends in a higher low compared to Dec. '22. - A volume breakout takes place; the highest volume since February. This signal goes...
Gold has been trading a downtrend which has changed We see gold made gains during the course of the months and is currently at a KEY RESISTANCE LEVEL We confirm Gold is trading within an uptrend But can also confirm we do see SELL positions in the weeks ahead reason being Gold opened the week at a KEY RESITANCE LEVEL which is rejected and we do see a strong...
Gold on the daily timeframe is forming a false breakout and consolidating under the global resistance zone and the local timeframe is forming a pattern that could send the price even lower. Senior Timeframe: 1) False breakout of the resistance and interest area 2) Consolidation formation below 1960 3) Closing of the daily candle near the daily low. The price...