The following developments for the silver price should be characterized by further increases until the green wave 3 is completed and forces the bulls to rest a little bit. However, a more prominent 3rd-degree-wave, namely the blue wave (iii), should be completed between $26.95 and $29.06, before pushing the course back down South. In any case, movements below...
Looking at the H4 chart, my overall bias for PA1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 1838.5, where the 78.6% Fibonacci line is. Stop loss will be at 1878.5, where the 61.8% Fibonacci line is. Take profit will be at 1759.5, where the 127.2% Fibonacci extension line...
Pull Back to two Pivot Point Levels. Pull Back to 50% Retracement Level. Enter a buy market execution order.
15min downtrend broke out and retested wit bullish eng at a higher low , 5min double topped then dropped and after 15m bullish eng we got the 5min high low bring all timeframes in confluence and possibly making the hour close in confluence as well
Engulfing Candlestick formed on the 4H Chart for Gold Market.
XAUUSD Trade Idea was a success. Next, wait for another pull back to a Pivot Point Level. Look for entries where a pin bar or rejection candlestick forms. Look at November 23rd, 2022 at 15:00 as an example.
XAGUSD Entry Price 20.846 Target Price 21.292 / Enter Long Trade Position
XAUUSD Entry Price 1735.80 Target Price 1761.17
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GOLD. 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
Iron ore prices have carved out a Descending Triangle pattern. That puts a breakdown on the table if prices pierce below wedge support. The measured move puts a downside target well below the 90 psychological level, leaving the 2021 low in focus.
Industrial metals prices are traditionally cyclical Industrial metals have historically been cyclical. In this current downturn, we are finding that metal prices are suffering, as they have done in the past. However, the importance of base metals in delivering the energy transition has never been greater. We are currently living in an energy crisis exacerbated...
Gold reached our target after covering all the left imbalance candle.
Expect XPDUSD to increase 11.60 percent.
Entered long positions on October 2nd 2022. Exited all trades except for one. For open trade, using a trailing stop loss. What's next? Wait for another parallel channel to form. Repeat the cycle.
Gold perfectly rejected our demand zone and a bull run started.
Wait for a close above parallel channel resistance level.
XAUUSD (Gold) price is expected to decline further.