Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2331 Goldturn resistance and 2310 Goldturn support. We will need to see a test and lock on either levels to open the next range. We now have gaps between both support and resistance weighted levels. Gap above at 2331...
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. After completing our...
Hey Everyone, We have been successfully tracking this chart for a while now and after completing all our targets inline with our plans the new month candle opened in a central range with room above and below for the updated detachment to complete, highlighted with the new circle and also room above to re-test the new open range LAST WEEKS UPDATE We saw price...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2339 resistance and 2313 is the weighted support for this range. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2339 to open the range above or a...
Hey Everyone, Great finish to the week with another nice catch from the dip. Not much to update today, as we saw price play between both weighted levels like we suggested yesterday. Currently back to testing the 2322 level again. We will need to see ema5 lock above or below either level to open the next range. We will now come back Sunday with our multi...
Gold's current Falling Wedge Reversal pattern presents an excellent opportunity for traders to capitalize on a potential upward movement. By waiting for a confirmed breakout above 2334 , or alternatively entering at the support level of 2320 , traders can strategically position themselves for potential gains. Ensuring a stop loss at 2316 will help manage risk...
📌GBP/USD eases from 1.2765, keeping gains modest. GBP/USD hit a two-day peat at 1.2765 during the US session, as US data showed core PCE inflation held steady at 2.8% yoy in the month Private. The pair retreated later as risk aversion triggered demand for the US Dollar. 📌The possibility of the FED cutting interest rates in September is quite low. As the Fed has...
EUR/USD clings to gains above 1.0850 following US inflation data. EUR/USD traded in positive territory around 1.0850 during the US session on Friday. The US dollar struggled to maintain its strength following the April PCE inflation data and helped the pair hold its ground at the end of the week. The EU region's CPI consumer price index has begun to cool down,...
Gold prices temporarily halted their recovery streak as the USD increased slightly, in addition to the FED's hawkish comments, and stronger-than-expected US economic data reduced expectations of a FED interest rate cut in September. This creates momentum for the USD to put pressure on gold. On the other hand, geopolitical tensions and instability may promote gold...
EUR/USD fell sharply on Wednesday, returning to the 1.0800 degree after broad-primarily based totally danger urge for food disappeared. The pair is buying and selling firmly inside technical resistance as buyers put together for a sequence of mid-variety European financial signs on Thursday, observed with the aid of using an replace on Gross Domestic Product...
The GBP/USD pair weakened to 1.2695 during the Asian session The GBP/USD pair fell to 1.2695 during the Asian session on Thursday. The main cause of this decline was the strengthening of the US Dollar (USD) amid higher US interest rates and reduced expectations of an interest rate cut by the Federal Reserve (Fed) in September. In recent weeks, Fed officials have...
The recent short-term uptrend is showing signs of reversing when gold prices have dropped more than 4% from the historic peak of 2,450 USD, set just a few trading sessions ago. This adjustment shows that investor psychology is changing, as buyers tend to take profits and look for investment channels with higher profitability. Tonight, 19:30 Vietnam time, the US...
💥After the gold price reached a new all-time high, it encountered a sell-off and fell back to more than 120 US Dollars an ounce from a high of 2,450 USD/ounce. Gold continued to fall when the FED made new statements. about monetary policy. Gold prices will continue to decline if the US economy continues to grow and data shows that the US economy is still at a good...
World gold price (XAU/USD) increased slightly to close at 2,343 USD after the second preliminary estimate of US Q1 GDP growth rate showed stagnation, increasing market expectations for Fed's future rate reduction. Meanwhile, recent negative technical news along with hawkish comments from Fed officials are still weighing on market sentiment. However, many experts...
Hey Everyone, Just pure perfection on the level to level tracking!!! Yesterday after completing 2361 and rejection we confirmed price was heading towards the 2322 weighted level and also stated that, as long as ema5 remains above 2322, we can use our smaller time-frames and intraday levels to buy dips from this range. - This played out perfectly for the 2322...
💹 Let's dive in and analyze MKR, a crypto coin that has recently shown significant growth. We'll update our previous analysis and check new triggers together. 🛡️ Weekly Time Frame Analysis: In the weekly time frame, MKR is one of the rare coins that has broken out of its box and started an upward trend, moving in tandem with Bitcoin. It has risen from $503 to a...
CADJPY looks very strong, after a test of a key support. The price formed a double bottom pattern and broke its neckline. With a high probability, the market will reach 115.0 level soon. ❤️Please, support my work with like, thank you!❤️
NZDJPY formed a nice cup & handle formation on a strong horizontal support on an hourly time frame. I made a decision to buy the pair after a breakout of the neckline of the pattern. I expect a growth now at least to 96.2 ❤️Please, support my work with like, thank you!❤️