Gold price is finding support at 2146-54. A break below may push the prices further down.
The SP500 index has run a magnificent rally recently. It appears a trend line resistance will make it to retrace for a pull-back. Coincidently, inflation number s are also getting hotter.
Gold is experiencing support around 2018-22. Hence, one may enter into long positions placing stop loss below these levels. The reliability of the support appears 55%. The price is swinging back and forth in a shorter time frame, which is difficult to trade. Stay safe and happy trading!!!
Sell GOLD/USD with a stoploss @ 2053 for a target @ 2022. US Interest Rates Likely To Stay High 'For Some Time'. Big rate cuts are far yet.
Breakout is likely very soon. Trade in the direction of breakout.
Although the GBPUSD pair is likely to be range bound, the bearish bias is dominant.
Looks like Ethereum's monthly chart is hinting at a chill zone between 20K and 25K. So, cashing out some of those long positions on your crypto shelf might not be a bad Santa idea. It could hang out in this range for a while, waiting for something exciting to nudge it one way or the other. Happy holidays, and trade safe!
Breaking the trendline support on the weekly chart, gold is in a downtrend. On the weekly chart, 1808-1812 is likely support. There may be pullbacks, which may give a short-sell opportunity. Overall, the bias is bearish.
Gold is in a strong downtrend. However, a short-term pull-back is expected. For a bullish confirmation, gold needs to sustain its weekly closing above 1905. If it fails, prices are likely to fall. LIKE, FOLLOW & SHARE ON TWITTER (Thanks for your support!)
Breaking below a h&S patter. Possibly 25100 target area. Follow for more ideas.
Bullish Breakout Buy around 89.5-90.0 Place a stop loss below 89. Target 93.90-83.50 Like and Subscribe
Facing resistance around 5.95. Once resistance is overcome, 6.30 is the target.
Hi, This is SHIB/USDT daily chart. A few days back, the price had dropped to 29-30 level. It was a fundamental support level. As we had expected, the price went rebound from there. Now the price is getting the resistance at 37-38 level. We had a rebound, but unfortunately, volumes are not convincing this time. If the price breaks the resistance, we could see a...
2.41-2.48 appears to be good support. Defining a stop loss below this level, one can target 2.3 in the short to medium term. We can notice a bullish divergence on the RSI indicator. Overall, the possibility of a bullish movement is high. My stance is a BUY. Let me know your thoughts in the comments.
ICP/USDT pair is looking bullish here if it breaks its trendline resistance. Given a stop loss at 39.88, the target price is 56. Comment below to give your thoughts.
Currently, Litecoin is offering a good buying opportunity at 200-210 with a stop loss of 195-97. The first target is 275, and the second target is 375.
LTC is trading in the bullish channel, and we can expect the bullish momentum to continue in the mid-term. LTC has not performed significantly in the near past and there is a lot of room for this coin to play. My stance is bullish in the near to long term.
SPX may re-test its 4620-4636 level before we see the bull journey continue. You may also consider this level as a technical stop-loss.