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...
The GBP/USD pair has shown signs of gaining traction during the early European session on Wednesday, surpassing the 1.2460 mark after experiencing a rebound around the 50% Fibonacci level. Despite previous forecasts suggesting a potential deeper reversal around the 61.8% and 78.6% Fibonacci levels, recent price action, in line with EUR/USD movements, indicates a...
Should buy now because of the breakout and we can expect an upside movement
NZDUSD is making double top after a bullish trend. now also creating a bearish divergence
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Tesla (TSLA) is currently trading at $175.34. A breakout above the major resistance level of $300, potentially setting the stage for a price surge toward a range of $374 to $400. However, a fall below the key support level of $175 / $160 could trigger a tumble down to $130.
The support line marks the point where demand takes precedence over supply and prices will not decrease below that support line. The reverse holds true for a resistance line. Prices often break through support and resistance lines. A breakthrough a resistance line shows that the buyers have won out over the sellers. Open price 2340 When the price moves up and...
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Gold Are going to Long Again H4 Candle hovering Towards to follow the upper direction although the retailers are in sell
rounding bottom perfet level if work then upside beyond imagine
This chart for swing position if chart time frame daily then period 01 to 03 month. or 1H to 4H then 01 to 10 days . All instructions are given upper on chart . as a all level order, entry, exit. Its not a call tips advisory only for education purpose. Your position your self care.
I see a retracement to $52100 before long trend continuation that will give us a beautiful inverse H&S pattern if plays out according to plan. Should close the year around $120k if all is well.
Evidence suggests that SANDUSD may be bearish in the coming hours.
Time and again the market has a way to play out the traders, they knew how you draw your charts and thus the manipulators or smart money will often went below the stop loss level to take you out and days or weeks later, push the price up again. Let's see how it goes in a week or two time.
XAU markup finished and supply zone confirmed by big red dildo. Starting to consolidate below previous support, suggesting a new supply zone is developing and we're preparing for another leg down in the interim.
Like always just trading the ranges. SFP's in either direction. Short as of writing this.
This week is very interested for a number of reasons; one of them being the fact that the monthly candle will expire before the weekly candle and as such careful analysis will need to be done in order to capitalize on the correct moves. I have updated my bias once again to a sell as the retracement move still has not been finished as the H12 - H23 timeframes,...