Hey Everyone, Another great day on the chart today buying multiple dips inline with our chart idea. Yesterday after hitting our bullish target at 2389, we got the rejection, as no ema5 lock above this level. The rejection maintained support above 2349 Goldturn, allowing us to buy dips back to 2389 target. We will continue to see this level tested until broken...
Hey Everyone, Great finish to he week completing our last target at 2408 after lock confirmation for the range. We started the week with 2355 bullish target hit followed with the ema5 lock above 2355 opening 2382 and 2408. We had the 2382 level hit early this week followed with lots of dips giving plenty of action to get in from every dip, knowing we still...
The EUR/CHF pair experienced a sharp decline, yet found resilience at 0.9680, marking a significant support level. This support has sparked a rebound, indicating a reversal in direction. As momentum builds, the trajectory suggests an imminent move upwards towards the target of 0.9801. It's an opportune moment to consider a long position, capitalizing on the upward...
The US dollar is on track to gain for a second straight week today, underpinned by a strong US economy that has changed expectations for an interest rate cut by the Federal Reserve. The greenback's 0.17% gain for the week was tempered after Thursday's warning message from financial leaders in the US, Japan and South Korea regarding the weakness of the Japanese yen...
Strong breakout on weekly TF formed a flag and pole pattern which is a continuation pattern a strong up move expected after a thorough consolidation SL - 1856 TARGET - 2300 // 2320
interesting zone for DCA, indicators that match: the highest volume in that zone, it was also the highest volume from the May 3 range. 2021 until May 3, 2022. Right below us is the 200dma plus 0.618 Fibonacci of this entire movement. Until that happens, who want to trade: check weekly level of $11 and 0.5 Fibonacci is $8.2. Thanks for support.
Hey Everyone, Please see update on our 4h chart idea we shared Sunday, which is playing out perfectly. We were looking for a retest at 2389, as our Bullish target, which was hit perfectly completing this target and no further ema5 cross and lock above this level, which confirmed the rejection. We will need to see ema5 lock above this level to see a continuation...
Hey Everyone, Another great day on the chat today buying dips in true level to level style. After hitting our Bullish target yesterday at 2355 we stated we had 2382 left open. Once again we delivered the results with 2382 hit today completing this target. We now have a gap left open at 2408 but we will only continue to buy dips also keeping in mind our...
Comments on Friday from Fed Chairman KC: Encouraging patience with interest rates until inflation declines markedly to 2% Economic growth is creating uncertainty about monetary policy Inflation remains high The employment sector remains strong Wage increases indicate an imbalance in the labor market Want to see the Fed balance sheet shrink
Hey Everyone, Great start to the week with our first target hit at 2355 - BOOOM!! We now have a lock above this level leaving 2382 open. We will continue with our plans to buy dips and also keeping in mind our retracement range at 2312. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the...
XAUUSD LONG ONCE AGAIN TOWARDS 2400 Currently shaping smaller triangle inside a big triangle which is expected to break from 2360 & move for another 400 pips to touch 2400 & then after breaking the bigger triangle Gold will fly once again towards 2480-85 in sha Allah
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with 2355, as our Bullish target and 2312, as the support target. We are looking for a retest at 2355 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted structures with 2389 as the resistance target and 2326 as the support target. We are looking for a retest at 2389 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. Last week we stated we...
Hey Everyone, Last week we stated that after completing all our long range targets, we were seeing price break out of the ascending channel. However we needed to see ema5 cross outside the channel to establish another bullish run above. The Bullish momentum last week helped clear some of our extended long range targets- BOOOM!! We also need to keep in mind the...
Forecast: Start of Bearish Trend (Daily) Invalidation Level: 5281.7 Only sell when the price is close to these levels: 5151.3; 5281.7.
Forecast: Start of Bullish Trend (Daily) Invalidation Level: 1.580 Only buy when the price is close to these levels: 1.745; 2.026 (R/S);
Forecast: Return to Bullish Trend (Daily) Invalidation Level: 2087.889 Only buy when the price is close to these levels: 2330.901; 2268.223; 2145.037.