I've been trying some custom approach / experiment on detecting reversal play in advance stages -- and my current case study is XAUUSD. Here's how it looks. Based on weekly data, we got a thinning price line with a shifting inverted support lines (bottom lines). A good confirmation Identifier would be a complete horizontal inverted support line shift. 1950...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of Silver Jewelry based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback...
Silver has been in a downward pointing "shape" with a resistance on the top as a force pointing down, while being supported in a "cup" shaped support that can become resistance on the up if it is broken down. The levels in this project are potential support/resistance zones in the future, where potential pivot points can occur (marked examples in the past)....
In my previous ideas, i highlighted that #silver #xagusd has need to retest and success to confirm the rally. Orange box is the retest zone and must not be lost.
The Federal Reserve's monetary policy meeting is expected to maintain interest rates at 5.25%-5.5%. Federal Reserve Chairman Jerome Powell's speech on Wednesday will provide more clues on expectations for a rate cut. Traders have scaled back bets on the Federal Reserve cutting interest rates this year as recent U.S. economic data has been stronger than expected...
✅SILVER is going down to retest a horizontal support of 25.70$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 27.00$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a...
Gold is shining bright as it rides a bullish wave, fueled by geopolitical tensions and economic uncertainty. Technical indicators are pointing upwards, hinting at more potential gains. Day traders can hunt for buying opportunities during pullbacks, but must tread carefully in gold's volatile waters. Entry: 2333.19 SL: 2328.31 Target 1: 2337.21 #Gold...
For gold, we look at the 2345 line. The K line has reached 2346 as scheduled. Our target has been accurately reached. The golden four-hour line still maintains a bullish trend. Although the negative and positive lines are intertwined, the overall trend is still holding the 2310 line. The market continues to close the shadow line, and the signal is obvious....
Waiting for price to pullback at the pivot and could fall to overlap support. However, a break above the pivot might lead price to rise toward a multi-swing high resistance Pivot: 2333 Support: 2320 Resistance: 2346 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
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) Ideas For 30 April 2024 SELL LIMIT Order: $2336.52 Stop Loss: $2347.08 Take Profit 1: $2326.21 Take Profit 2: $2312.50 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Gold has rebounded every time it fell recently, and the market has not reversed. Gold can be bought directly at 2335 in the US session. The previous article also directly and publicly suggested that longs enter the market. Today, the Asian session opens, and we need to improve our thinking. It is expected that the upper breakthrough position will be around 2353,...
Today I tell you very clearly to sell gold 2345-2350 We make a profit at 2329 Then we bought gold around 2330 and made a profit again Then around 2345, if you continue to sell gold, you will make a profit! Today, the market has been moving within the range we have been analyzing throughout the day. Did you see that? Can check my last article I was clearly given...
If the Federal Reserve refrains from cutting interest rates this year, particularly when it was widely anticipated by the market, it could have significant implications for gold prices. Here's how: Market Expectations Disappointed: When market expectations aren't met, especially regarding key monetary policy decisions like interest rate cuts, it often triggers...
Hey Everyone, Great start to the week with our chart idea playing once again in true level to level fashion!! Price was sitting between two weighted levels, 2354 resistance and 2327 support and we were looking for either weighted level to break and lock to confirm the next range. We got our bearish target hit first at 2327. No lock below confirmed the rejection...
Daily/4h time frames analysis for Gold. Price action analysis. Important key levels. Technical outlook. ❤️Please, support my work with like, thank you!❤️
Gold once dipped deeply on Friday, but overall it still held the 2310 line. The bulls held the 2310 line. The overall thinking was bullish. The gold four-hour line is still bullish overall, showing an arc bottom shape. At least the K-line is still above the moving average. Even if the K-line is tested downward, it maintains a strong upward rhythm, and the...