Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring XAUUSD for a buying opportunity, once we will receive any bullish confirmation the trade will be executed. If this post was useful to you do not forget to like and comment.
It is not the first time we use the SPX/GOLD ratio (S&P500 to XAUUSD) for a macro analysis and certainly each time it manages to offer us different and very helpful insights. This time on the 1W time-frame, the ratio is consolidating these past 2 weeks but after having broken in late May - early June above the 2022 Lower Highs trend-line. That alone is a strong...
after a nice long position, Im looking for short position here. we have two supply zones and Im not sure which one would work so I would go for 2 short positions.
Despite experiencing a pullback from its daily peak, gold price continues to climb, reaching a two-month high. The precious metal is benefiting from the broad retreat of the US Dollar in sluggish markets. Adding to its upward momentum are positive headlines from China and declining yields. The US Dollar saw a turnaround on Tuesday, extending its recovery on...
2023.7.20 USD and US crude oil rose and fell Hello, I'm Older Duan. Today is Thursday, July 20th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index rose yesterday and...
Support forming on 4hr of AUDCAD, We could see the rejection at this level. Looking to target Longs today, USD news later also so could see some volatile market movement later today.
Looking to buy NU, Channeling down our channel nicely, watching for that rejection up towards the top of our trend.
Gold is looking to pullback to 1911 support. Here i will watch for a break or a rejection. Im targeting sells this week, I believe 1895 will come in time.
Gold has been pushing upwards the past week, 1963 area seems to have formed a resistance of price. I have implemented kill zones into my strategy now. Also looking to sell from rejection of resistance, but, price could push through from CPI and Retail Sales news at 1:30pm GMT. Caution on USD and CAD pairs at this time.
Holding a buy from the resistance of 78-79. Im looking at EMA200 as 1Hr candles have closed above. Again using kill zones in my strategy now. Waiting for more news at 3:30pm on USD pairs
Can we see a push from GU today? Looking for strengths in the dollar, I am currently watching London and NY sessions today. Running most of this trade on fundamental analysis. Not too much technical. Using killzones and 200EMA implemented in my strategy, also watching MACD to determine buy and momentum. Buy order is set, will update when entered. 7:1 R/R
Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1981.93. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1947.61...
Hi all. ALCXUSDT is at a strong support, forming a triangle with an increased volume of the buyer, I consider a set to the spot now and a long position when the trend line is broken/retested. Marked targets and levels on the chart.
Technical Analysis: As you can see, there exist a Hidden Bullish Divergence with MACD and it is the very sign of bullish trend continuation as the Price is Bullish Bounding in an ascending channel. We draw Fibonacci retracement from the low to the top of previous impulsive wave for specifying the Bullish Cycles and the Possible Pivot Points and Reaccumulation...
GOLD at the key resistance zone 1999-2002 expects a chance of a decline in gold prices. Consider selling below 2002 / stop loss 2012. >> GooD Luck 😊
simply showing the power of Fibonacci we had seen a Bullish Divergence and Hidden Bullish Divergence on MACD and by the confluences of 4 Fibonacci tools (Retracement, Extension, Projection, Time Zones) in an ascending Chanel... So we are Speculating...$$$ A TP Zone Starting from 39.43$ to 41.16$ a Safe and Sure TP can be 39.43$ It is a Swing Trade and it...
Dear colleagues, I believe that the price increase is not yet over and the price will reach the area of the 50% Fibonacci Extension level. A small correction is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Technical Analysis : As you can see, Gold has moved in the ascending channel. After finishing its Bearish Divergence moving, We believe that XAUUSD is accumulating and consolidating on the 61.8% Fibonacci level and get ready to shoot for the defined targets and the targets are defined with Fibonacci projection of the impulsive waves.