Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price declined to the support level, which coincided with the buyer zone, and at once rebounded and made a strong upward impulse to the resistance level. Soon, Gold broke this level, which coincided with the seller zone and rose a little more, after which it...
Prices rally around 15% this month and break another threshold, hitting the highest levels in two years. The advance brings the record peak of 2022 in the spotlight (5.041) and given the improved supply-demand dynamics, that level looks within reach. There is optimism around increased need for the non-ferrous metal due to the green energy transition and the...
Gold sell position running 800 PIPS in profit so far for our Gold Fund investors!😍 Already a risk free investment as SL is at breakeven. Nothing to lose.
Why might Gold prices decline? Persistent Inflation: When prices exhibit stickiness, it means they don't adjust swiftly to changes in supply, demand, or the overall economy. If inflation remains high despite efforts by the Federal Reserve (the Fed) to manage it through interest rate adjustments, this scenario is termed sticky inflation. Federal Reserve and...
Let's start the week off by looking at Gold. Price is lowering nicely towards our 'selling confirmation' zone which will be a safe entry for any of you with small accounts. Strict risk management still required.
XAUUSD Analysis On the 1 hour timeframe, price action has created a 1 hour Bullish retracement. Currently, price is in between the 1 hour low of 2326 and 2352. To get a clearer picture, I want price to break above/below these levels in order to look for potential trades. IF price breaks above 2352, i wll be looking for a break and retest of that key...
I thought in buying because the market took liquidity in below And we have demand Also the market do the same in last movement on low frame so I thought again in buying
Just wanted you guys to hear my voice this is just a visual to my most recent idea
SELL LIMIT: R1 - 27.71800 BUY LIMIT: S1 - 27.04500 Trading Guidelines (SILVER): Risk Management: Risk no more than 1% of your capital per trade. Maximum Trades: Limit yourself to a maximum of 2 trades per day. Trading Sessions: Focus on trading between the London and NY sessions. Discipline: Execute the order at the identified level. Stop Loss and...
SELL LIMIT: R1 - 2353.632 BUY LIMIT: S1 - 2323.364 Trading Guidelines (GOLD): Risk Management: Risk no more than 1% of your capital per trade. Maximum Trades: Limit yourself to a maximum of 2 trades per day. Trading Sessions: Focus on trading between the London and NY sessions. Discipline: Execute the order at the identified level. Stop Loss and...
Following our previous analysis (links provided in the description below), gold continues its upward trajectory, in line with the prevailing trend since the beginning of the year. The recent pullback to the $2295 area appears to have attracted buyers seeking a discounted price, fueling the impressive momentum of this metal. After a brief consolidation period...
Hello Traders , Upon recent analysis of the GBP/USD chart in the 2-hour timeframe, it is observed that the price is near the supply zone of 1.25. If it can stabilize below this level, we can expect a further decline in GBPUSD! The scenario I have in mind is marked on the chart. The demand levels are, in order, within the ranges of 1.237 to 1.237, 1.2345 to...
It's clear from the pix that gold will rally. That's a potential 200 pips rally to the upside
Here is our detailed technical review for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 27.221. Taking into consideration the structure & trend analysis, I believe that the market will reach 25.581 level soon. P.S Overbought describes a period...
Based on the M30 chart analysis, we can see that the price has just reacted off our sell entry at 2329, which is a multi-swing high resistance. Our take profit will be at 2310, an overlap support level. The stop loss will be placed at 2351, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...
Gold looks extremely bullish in the short-term and also in the long-term. 5000 USD or 10000 USSD in the next few years is definitely very likely, but right now let's focus on the short-term price action. We can see that GOLD is in a strong uptrend, and we can use a simple trendline tool to measure its strength. The price respects the blue trendline pretty...
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XAUUSD has reacted off the pivot close to the 38.2% Fibonacci retracement and could fall to a pullback support. However, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2343 Support: 2194 Resistance: 2393 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...