GOLD The Target Is UP! BUY! My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2344.0 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2351.1 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignals335
Gold/USDThe head and shoulders pattern in trading is a popular technical analysis formation used to predict a reversal in the market trend. It is widely considered one of the most reliable trend reversal patterns. Here’s an in-depth look at the head and shoulders pattern: Components of the Head and Shoulders Pattern Left Shoulder: The price rises to a peak and then declines. Head: The price rises again, forming a higher peak than the left shoulder, and then declines. Right Shoulder: The price rises again but to a level lower than the head, and then declines again. Neckline: A line drawn through the lows of the two troughs between the head and shoulders. This line can be horizontal or slanted. Types of Head and Shoulders Patterns Head and Shoulders Top (Bearish Reversal): This pattern forms after an uptrend, indicating a potential reversal to a downtrend. Confirmation of the pattern occurs when the price breaks below the neckline after forming the right shoulder. Inverse Head and Shoulders (Bullish Reversal): This pattern forms after a downtrend, indicating a potential reversal to an uptrend. Confirmation occurs when the price breaks above the neckline after forming the right shoulder. Trading the Head and Shoulders Pattern Identify the Pattern: Recognize the formation of the left shoulder, head, and right shoulder. Draw the Neckline: Connect the lows (for a head and shoulders top) or highs (for an inverse head and shoulders) to form the neckline. Wait for the Breakout: A trade signal is generated when the price breaks through the neckline. Entry Point: For a head and shoulders top, enter a short position once the price closes below the neckline. For an inverse head and shoulders, enter a long position once the price closes above the neckline. Target Price: The potential price target is estimated by measuring the distance from the head to the neckline and projecting this distance from the breakout point. Stop-Loss: Place a stop-loss order to manage risk. For a head and shoulders top, the stop-loss is typically placed above the right shoulder. For an inverse head and shoulders, it is placed below the right shoulder.Longby B9A-88652-NisarAhmad0
XAU / USD 4 Hour ChartHello traders. We had a holiday here in the US yesterday and today my internet was down until an hour ago. Saying that, I have shown my area of interest on the 4 hour chart. We have news this week so I am in no hurry to rush a trade. If $2355 can hold as support, we may see a push up. Clean buy from $2363.10 to $2373. These are just a few of the potential trade set ups I can see as a possibility. Let's see how the overnight plays out. BIg G gets all my thanks. Happy Tuesday to everyone. Be well and trade the trend.by musclemilk0075Updated 3
OIL: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 2 cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: This market could coiling for an explosive move back to the previous HOW, where short traders are still in profit Short: I do not exclude the secondary scenario of pump and dump starting from Friday, eventually evolving during the further days Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Longby GianniPichicheroUpdated 10107
Golden Slope All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.Shortby THE_APIS_TRADERUpdated 5
XAUUSD: 2368-2373 is a good short trading range In the past day, gold reached a high of around 2364, just one step away from the resistance. Today's focus is still on whether the resistance is broken or not. Judging from the current market situation, I still want to try the resistance. It depends on whether I can accumulate enough bullish power in the 2347-2334 range during the backtest. If I can, then there is hope for the first attempt at resistance today. If I want to break through the resistance and achieve the resistance in the range of 2383-2391, there is little chance today. The focus is on tomorrow's data. If it is favorable to gold bulls, then this possibility will be greater. Today's trading focus is on the resistance range of 2368-2373. If it can reach this position, it will be a better short trading area. If it cannot be reached, continue to maintain the strategy of going long at a low position. Friends who need detailed trading signals can leave me a message to receive them.Shortby Allen_ExUpdated 6
GOLD on the Major Support 1. Gold still on the consolidation. 2. Once its broken the resistance or support we can trade. 3. If major support broken we can take short entry. if not we can go for Long.by Sha_The_Icon3
Orange Juice Crisis Prompts Search for Alternative FruitsThe global orange juice industry faces an unprecedented crisis due to bad weather and disease in Brazil, the world's largest orange exporter. Orange juice futures have surged to record highs, nearly doubling in price over the past year. This situation has led manufacturers to explore alternative fruits like mandarins for juice production. Key Points: - Record High Prices: Orange juice futures hit $4.92 a pound, reflecting concerns over supply shortages. - Natural Disasters: A hurricane and cold snap in Florida, along with citrus greening disease, have devastated US orange groves. - Brazil's Struggles: Brazil's orange production has fallen by 25% this year due to adverse weather and disease. - Mandarins as Alternatives: Industry leaders are considering mandarins, which are more resilient to climate change, as a viable alternative for juice production. - Regulatory Challenges: The International Fruit and Vegetable Juice Association is exploring legislative changes to include other citrus fruits in the definition of orange juice. The long-term outlook remains uncertain as the industry adapts to these challenges, potentially leading to higher prices and new juice flavors for consumers.Longby signalmastermind0
nasdaq FUN TIME2 possible trades. long and short. target in green. description on the chart. have fun Elektra 33by Elektra330
Primary count remains this one...last one was bearish alternateI still remain boolish... but want to make sure we are all aware of bearish alternate counts....this is my primaryt count for silver.Longby ConservativeOne11
xbrusdThe chart is printing Bearish trends their is Divergence The entry Point Will be 84.03 and the stop loss will be 85.05Shortby Azeem2080
XAUUSD 15 Min Bullish Support Xauusd 15 min bullish support zone to pull back upside mkt Lets see whats hpn mktLongby Sandeepsingh552
USOILUSOIL is in bullish trend. Bearish divergence also form in RSI which shows that this might be the last HH. We wait and watch for the breakout of last HL.Shortby Naqash910
FROTO2! FUTURESExpect to see the last leg of a flat correction, with a target between 1019-1080. I suppose that correction will finish between 31th of May to 6th of June.by ekgencsoy1
I don't believe youAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. Longby THE_APIS_TRADER6
Clean up on Isle 6All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. Shortby THE_APIS_TRADER2
S&P 500 (US500):🔴Bearish or bullish...?!🔴By examining the weekly and 4-hour charts, we can determine the price was heavily pushed down after creating the all-time high. I am not bearish for the long-term on the S&P500, but for now, I think the price can have a bearish reaction to the bearish breaker block and move down at least till the previous week's low, then we should study the price to find out the next move. 💡Wait for the update! 🗓️27/05/2024 🔎 DYOR 💌It is my honor to share your comments with me💌Shortby VahidTradingCRUpdated 111
COFFEE price aiming towards higher equilibrium COFFEE price aiming towards higher equilibrium We had the W demand zone pointed out in a previous idea (see below) but price retraced until the D1 demand zone right above it and is respecting this level. Longby EquilibriumTradingAlexMOUpdated 443
Bearish cycle on cardsAs we can see clearly the rising wedge trend was broke in H1 and H4 time frame and now we are expecting the impulsive moves of gold towards 2300 benchmark. however the current position of 2342 and 2340 are critical .just wait for the clear splinter of the support of 2340-2335 cluster. all eyes on DX as is start the descending channel as a rising wedge.Shortby Forexmaestro1214
Fake out of all FAKE OUTS???This could be the mother of all fake outs!...hard to say right now, but I am quite leery of more upside until we get a decent retrace...my sentiment...DEFENSIVE!Shortby ConservativeOne15
GOLD REVERSE ZONE TO (2373-2414we have ACD pattern which clearly showing that gold is in a reversal zone in orange , it might correct to 23.38.50.61. or extend to 2373-2406-2414 levels moreover I also have harmonic pattern on it which work as clustersLongby DALAL_ALBASTAKI1