The top of the highest wick on silver is actually the exact measured move target of the previous inverse head and shoulders silver recently hit precisely. On the journey as it retested that ones neckline it formed this anger more horizontal inverse head and shoulder neckline and has since also broken above it with a measured move target much higher at around $34....
Silver, Natural Gas DXY, Gold Oil Price Forecast 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:36 AMEX:UNG Stock Forecast 09:16 USO Oil Stock Forecast 12:18 DXY US dollar Stock Forecast 14:04 Gold XAUUSD Stock Forecast 15:44 Silver XAGUSD
My dear followers, This is my opinion on the SILVER next move: The asset is approaching an important pivot point 27.222 Bias - Bullish Safe Stop Loss -26.487 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 28.310 About Used Indicators: For...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2322.8 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2362.6 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Looking at the technical, I will look to buy both Gold and Silver. I am looking at a short-term bull run from the green arrow marked on my chart. Do your due diligence though.
Hi folks today I'm prepared for you Gold analytics. Recently price rebounded from the trend line and started to move up near this line to the support zone, and when Gold reached this zone, it soon broke the support level too. After this, the price made a retest and in a short time rose to the resistance level, which coincided with the resistance zone and even rose...
Hi everybody! Recently, gold continues to maintain positive growth momentum in maintaining the 2300 USD level. Gold's rally is driven by many fundamental factors, including after US GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the Fed could reduce borrowing costs. It is expected that in the coming time, the uptrend will...
Dear friends! These are RalphBenjamin's insights about the market at this time, let's discuss! On the weekly timeframe, the uptrend remains positive allowing long-term speculators to continue holding their positions. However, the resistance level at 2,400 USD continued to hold last week mainly because the demand for safe haven due to concerns about escalating...
Hello,Friends! GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello all, I have a long trade possibility forming on XAGUSD. Basically, my draw on price is the Relative Equal Highs residing above. My POI for taking a trade is where the BISI 2D is. Since we have a SIBI 2D, we should see lower prices to this POI. If price does not reach my POI before trading higher, I would like to see a clean 2D close above the SIBI 2D....
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
Hello friends! XAUUSD is forming a sideways range during the recovery phase with a corrective bias, receiving support from the $2290 level. It is currently trading around $2,325, marking a 0.43% gain on the day. Regarding impact news: The US Dollar (USD) encountered new supply and fluctuated near its lowest level in more than a week. This, coupled with a slight...
Ralph Benjamin greets everyone! Currently, the price of gold is struggling to attract any meaningful buyers in the context of purchasing new USD. Betting that the Fed will maintain higher interest rates for a longer period of time in the face of challenging inflation will help revive the demand for USD, thereby allowing short sellers to expect some selling waves...
Hello brian, let's find out about gold price today! Currently this precious metal has surpassed more than 15 USD compared to the same time in the session yesterday. Accordingly, the rising momentum was supported in the short term of the cow side that remained stable in the price increase channel and established the high levels of the bottom. It is expected that...
Gold prices (XAU/USD) attracted buyers for the second consecutive day on Friday, trading just below the overnight high during the European trading session. The US GDP report released on Thursday indicated a significant loss of growth momentum at the start of 2024, along with an unexpected rise in inflation, thereby providing some support for the precious metal.
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
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...
Markets are liquid. Liquids, by definition, move. Some of them have moved tremendously well. These liquids got so strong that they are now considered to be gasses. Unfortunately for them, gasses are not very dense. They are light and weak. Apple is the prime example of this important paradigm change. Until ~2005 Apple tried to strengthen and it magnificently...