white line broken we have possible triangle pattern in blue lines silver made bottom ahead of gold for fed pivot you can say silver is light year head of fed decision for next fed fomc watch if breakout sustain or fakeout
Please, check our technical outlook for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2232.998. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2344.553 level. P.S Overbought describes a...
Today’s gold trading situation is as follows: 1.Xauusd: @2256-2258 Sell, SL:2266 Loss: -4000 2.Xauusd: @2263-2265 Sell, TP:2255 Profit: +5532 3.Xauusd: @2273-2275 Sell, TP:2255 Profit: +7184 4.Xauusd: @2276-2278 Sell, TP:2255 Profit: +8520 In today's gold transaction, although one of them touched SL: 2266, resulting in a loss of 4K, overall, I...
Hello everyone, I'm back so let's discuss strategy with me today! Overall, it can be seen that XAUUSD's long-term uptrend is showing signs of weakening, especially as it quickly bought back the decline and retested its all-time high resistance at the $2265 mark. At the same time, two peaks have formed, the price may react similarly any buying activity by the...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 02 April 2024 Trade Idea 1 BUY LIMIT Order: $2247.16 Stop Loss: $2228.29 Take Profit 1: $2265.78 Take Profit 2: $2275.90 Trade Idea 2 BUY LIMIT Order: $2242.76 Stop Loss: $2228.29 Take Profit 1:...
Apologise for the inconsistent dates DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 03 April 2024 Trade Idea 1 BUY LIMIT Order: $2263.94 Stop Loss: $2246.47 Take Profit 1: $2281.16 Take Profit 2: $2290.52 Trade Idea 2 BUY LIMIT Order: $2259.87 Stop...
Gold seems to be approaching its trendline for the third time, suggesting a potential downward trajectory towards 2225. However, in light of today's market uncertainty and the upcoming ISM news release, it's crucial to proceed with caution. While the technicals point to a possible entry opportunity, we'll remain vigilant and await a clearer signal once the market...
Pour yourself a glass of Goldschläger and let's review the 12 steps before diving into this. 1. We admitted that we were powerless over the Fed -- that our balance sheet had become unmanageable. 2. Came to believe that a Power greater than our central bank could restore us to solvency. 3. Made a decision to turn our fiat over to the care of sound money, as we...
Prospects remain positive as investors bet on lower global interest rates, perhaps look for diversification opportunities away from elevated stocks or, in the case of central banks, continue to reduce exposure to the USD (net central bank gold purchases have grown strongly in the past two years, reports indicate). Broadly, history suggests higher Gold prices are...
Behind a strengthening background and a bullish scenario, it can stop at the upper price channel and Fibonacci congestion area around 2311. We can Short GOLD from that point to the 2130 area.
00:00 Natural Gas stock NatGas Support & Resistance Guide 06:59 AMEX:UNG Stock Forecast 09:30 USO Oil Stock Forecast 10:49 DXY US dollar Stock Forecast 12:27 Gold XAUUSD Stock Forecast 13:28 Silver XAGUSD Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
FX:XAUUSD is still very strong. The price does not react to the news properly, only as a short-term reaction. The market is quickly buying back the decline and testing resistance. Buying potential is quite strong, the probable area of the first stop could be the zone 2300-2325. On H1, an intermediate sideways range is formed after a false breakdown of channel...
On the weekly chart we can see that the green demand zone is very strong so it looks like it doesn't want to go much deeper. It can be that the wave 4 sequence is finished with a WXYXZ formation, but i have doubts. Indicators show that it may need more time to finish the sequence. Currently we have a strong impulse which could finish around 1830 and we should have...
The recent decline in gold below $2,260 was a result of profit-taking, following its surge to a new all-time high near $2,280. Adding to this, investors showed reluctance in betting on an extended rally in XAU/USD, owing to the rising US Treasury bond yields. Despite this, the bullish trend for XAU/USD remains firm as per the daily chart, with the pair...
Introduction - Once more, with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents: 2350, 2440, and by extension 2520 all before 04/23/24. At publishing on Saturday March 30th, that is 12.85% range in 17 trading days but counts as 25% if the trend engine can nail the 150-pt "V" move (for an extra 300 pts) between 04-09...
I understand the title may seem bombastic and possibly clickbaity, but in my view, there's a solid case for OANDA:XAGUSD potentially rising by $10 in 2024. Here's why: Observing the chart, unlike OANDA:XAUUSD , Silver has been trading within a range for precisely a year now, failing to establish new highs. However, on a positive note, since the pandemic low,...
This was supposed to be tomorrow's post but since it looks as if the breakout could be underway as I'm typing I'm going to make it right now I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money Some very notable calls in recent years: SPREADEX:NIKKEI and ...