XAGUSD, wkly: ab = cd?With a tightest BB squeeze in over 36 months, and Gann, Wave and Pitcfork targets in consensus, the top of the channel looks probable? Is the EURO losing the war? Time to buy rubles?Longby reggytrades0
Gold will reach a new high next week! Next week gold will break through the previous high and reach a new high. Why do you say this? I have prompted to go long since 2335, predicting that gold will reach 2400. This week has achieved the target, and we have repeatedly made profits by going long; At present, gold is in a relatively stable upward trend. Every step back and confirmation is expected, and the trend is perfectly in line with expectations. Friends who are not sure can refer to the previous strategy on the homepage. The 2400 point has been completed, so the next step is around the previous high of 2433, and 2433 is just the first breakthrough point. My goal is simple: see new highs! Therefore, we will continue to trade based on the long strategy next week. Any decline is an opportunity to buy long! I will notify you of any changes, so stay tuned! ! Friends who still don’t know how to trade can come to me directly!Longby Explorer-k1
XAUUSD:Pullbacks are opportunities to go long When gold was at 2335, I repeatedly emphasized going long, and all my friends who followed me were making profits. At present, gold has reached a maximum of around 2397 and then began to fall back and fluctuate. Everyone’s question should be: Can it still rise? I think there is no problem. We will go long starting from 2335, with the target unchanged at 2400. As mentioned in the previous article, if gold opens up room for growth again, there is a high probability that it will break through the previous high. It has now reached around 2397, just above the test. Pressure, short-term correction is to accumulate strength in order to sprint higher; So in terms of thinking; a pullback is an opportunity to go long, go long, go long! The idea remains the same! Follow me, trading is that easy! If you still don’t know how to trade, come to me!Longby Explorer-kUpdated 10
🌟📈 Gold Analysis Hits the Target! 🚀💰🌟📈 Gold Analysis Hits the Target! 🚀💰 🎉 Great news, everyone! Our recent gold analysis has hit the target! 🌟 Gold prices have broken through the resistance zone, demonstrating the accuracy of our technical outlook and trading plan. 🔍 Key Highlights: - Forecast: Our bullish outlook was spot on! 📈✨ - Technical Outlook: Gold respected the main resistance and surged past key levels. 📊💪 - Trading Plan: Those who followed our strategy of buying on dips near the main resistance have seen significant gains. 💼💰 - Key Levels: Gold surpassed the $2360 level and moved into the resistance zone around $2400. 💎🎯 - Price Action: Clear bullish price action signals confirmed the trend continuation. 🕵️♂️📈 Thank you all for your continued support! Let's keep riding this wave and stay tuned for more updates and analysis. Happy trading! 🚀🌟💰 👉 Boost this post, comment, and share to spread the success! 🌟📈💬🔁Longby MrCharlie10
📈✨Gold Market Outlook: Golden Opport: Bullish Breakout Ahead✨📈📈✨ **Gold Market Outlook:** ✨📈 Gold wrapped up the week with a strong bullish momentum, hinting at a potential breakthrough of a significant daily resistance cluster. 🚀 Looking ahead, a bullish breakout above the **2361 level** accompanied by a daily candle closing above it could fuel a powerful uptrend, aiming for the **2391 level**. 💰💪 🔍 However, if the market fails to breach 2361 and instead closes below **2339**, a shift to a stronger bearish trend might be on the horizon, signaling the emergence of a notable selling pattern. 📉⚠️ Stay tuned for updates as we navigate through these critical levels! 📊💼 #GoldAnalysis #MarketInsightsLongby MrCharlie1Updated 1146
Cup-ceptionThere's a multi-year cup and handle within the multi-decade cup and handle on $SLV.. Hang on tight gang. AMEX:AGQ is going to the power of AMEX:SLV ref prev: Longby httpz0
🚀✨ Title: "Gold's Resilient Rally: Testing New Heights!" ✨🚀🚨✨ Breaking News: Gold's Remarkable Surge! ✨🚨 📈 Market Update: Gold has made an impressive move, hitting a high of $2419 today before pulling back to test the $2404 level. It has now rebounded and stands strong at $2416. 💪 Current Position: Gold is showing solid strength in the buy zone. Let's keep a close watch to see how this unfolds! 📊 Analysis: The bullish momentum remains robust. Will Gold continue its upward journey or take another breather? Stay tuned for the next exciting chapter! 🚀📈 Conclusion: Gold is in a powerful position, demonstrating resilience and potential for further gains. Keep your eyes on the charts! #GoldSurge #MarketUpdate #BullishMomentum 🚀✨📈Longby MrCharlie10
🌟📈 Title: "Unveiling Gold's Golden Path: A Charting Odyssey!" 🌟✨ Golden Opportunity Alert! ✨🌟 📈 Current Situation: Gold is at a pivotal moment, testing a formidable resistance cluster marked by a strong trend line and a steadfast horizontal barrier on its daily chart. 🔍 Analysis: A bullish breakout from this critical zone could unleash a surge of bullish momentum, signaling a definitive confirmation of upward movement. 🚀 Potential Outcome: Traders eyeing the skies anticipate a bullish continuation, propelling Gold towards the $2400 milestone and potentially beyond! 📊 Strategy: Strap in for a thrilling ride as Gold charts its course to new heights! Stay vigilant for a daily candle close above the resistance cluster for confirmation. 🎉 Conclusion: The stage is set for an epic ascent – seize the opportunity and ride the wave of Gold's potential surge! 📈🚀💰 #GoldenOpportunity #BullishBreakout #ToTheMoon 🚀🌟📊Longby MrCharlie1Updated 2219
Don’t chase long gold too muchGold rose strongly today, reaching its highest level near 2419. It has now fallen back and is trading near 2406. I have been emphasizing since yesterday to close all short positions in the 2380-2375 area and commit to long gold. After going long gold yesterday, we continued to go long gold near the 2382 position today and successfully hit TP: 2390. .Today continues to end in profit in trading. At present, gold has risen strongly to near the 2419 position. The bullish sentiment in the market is high and the market following sentiment is prevalent. Therefore, I do not recommend shorting gold. After all, gold may continue to rise due to the market's pursuit; although the trend of gold is still very strong, but since today is Friday, I don’t recommend going long on gold directly at the moment, because gold immediately fell back after rising high many times, forming multiple upper shadow lines, and faced the resistance of the previous sub-high 2418-2420 area. Therefore, it is not recommended to directly pursue long gold before gold falls back to prevent short-term gold decline caused by profit realization.So if your trading style is prudent, I suggest you wait and see first and don’t rush to participate in the transaction; if you have an aggressive trading style, for now, I don’t recommend chasing long gold directly.On the contrary, you can consider trying to short gold in the 2414-2416 area to gain short-term short profits first, and wait for gold to fall back before going long gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !Longby Trading-HawkeyeUpdated 4
S&P 500 Hitting Heavy LiquidityES1! showing signs of heavy resistance to price movement, AKA liquidity in this rarified air. The daily ranges for the previous two trading days will be monumental in the market deciding its direction, as there is a lot of interest packing in at these levels. 5287 to 5349 are the outer limits with 5318-to-5323 also being important inflection points as this plays out. Volume has notably been low during the melt-up that got us here, but this low influx of volume has seemingly run into a wall of resting orders. I lean short, but will wait for confirmation either direction. by PrestigeWorldwideTradingCo0
Silver: Potential Double Top Formation Signaling a DowntrendI'm observing a potential double top forming in the silver market at the 29.85 level. This pattern is typically a bearish reversal signal, indicating that silver might be poised for a downward move. Trade Details: Pattern: Double top at 29.85 Potential Target: 24.12 Technical Analysis: Double Top Formation (29.85): The price action (PA) shows that silver has tested the 29.85 resistance level twice, failing to break above it. This creates a double top pattern, a common reversal signal in technical analysis. Neckline and Confirmation: The neckline of this double top pattern is around the 26.50 level. A decisive break below this neckline would confirm the pattern and likely accelerate the bearish momentum. Target Projection (24.12): Based on the height of the double top pattern (from the peak at 29.85 to the neckline around 26.50), we project a potential target at 24.12. This level aligns with previous support zones, making it a logical target for the downward move. Supporting Factors: Bearish Divergence: Potential bearish divergence on the RSI/MACD indicators could add strength to the bearish case if observed. Market Sentiment: Current market conditions and sentiment could influence the extent of the move. If the broader market turns risk-off, it could further pressure silver prices. Fundamental Analysis: Monitor economic indicators, particularly inflation data and Federal Reserve policies, as they can impact precious metals significantly.Shortby mackmackeyyUpdated 5
Buy July beans, 1224 limit, 11.99 stop, tgt TBDLooking for early trend developing to the upside on beans Buy July beans, 1224 limit, 11.99 stop, tgt TBDLongby Cannon-Trading0
ES Daily UpdateAt this point you gotta figure the daily is gonna go overbought before this stupidity ends, lol. My 3hr indicators should go oversold Monday, guess I gotta go long.by hungry_hippo2
Buy micro Bitcoin 65720 limit, stop at: 63300, tgt TBDLooking for another leg up on bitcoin, Buy micro Bitcoin 65720 limit, stop at: 63300, tgt TBDLongby Cannon-Trading0
I have no idea these predictions are magics or what the hell !I lost 600$ today however it was very simple if i waited i could have made something. Have patience guys ..... Longby dihari110
Silver breaking out of its consolidationSilver is breaking out its long term consolidation and triggering a bullish reversed Head & Shoulder pattern with a target in the $42.50 area. Next resistances at the all time high near $50 then the line linking the top of the channel near $53. A break below $23.50 would invalidate this view. ________________ With gold and copper making all time highs, the governments and central banks printing money like crazy, it's hard to believe that Silver won't catch up and eventually make new all time highs. Longby powerintegral0
XAU / USD 4 Hour ChartHello traders. Happy Friday. I am currently in a scalp buy from $2379.23. Watching the 2382.00 area, which we need to stay above for me to be confident in this trade continuing up. Saying that, I have secured profit at 40 pips or so, and as of this writing, I am only 35 pips or so in profit. My Stop Loss is now at my entry point after securing 50% of the trade's profit. A runner is running. I am looking for a push up, so even if we drop down again to the 2376 area, I would probably re enter if conditions are met. Let's see how things play out. Very thankful to Big G, who gets all my thanks. Be well and trade the trend.. I will update or repost in a bit. Longby musclemilk0075Updated 7
XAGUSD SELL About to StartIn smaller timeframe Silver start to show bearish signal Shortby PotentFXUpdated 6
Unveiling the Nuances: Logarithmic vs. Linear Scales Technical analysis is a cornerstone for navigating the dynamic world of financial markets. A crucial element of this analysis is interpreting price movements depicted on charts. However, the way these movements are displayed can significantly impact your understanding. This article delves into the two primary price scaling methods employed in financial charts: linear and logarithmic. Linear Scale: A Straightforward Approach A linear scale presents price movements with an equal distance allocated to each absolute price change. This method offers a clear picture of price movements over time, particularly for short-term analysis. For instance, a $10 price increase from $100 to $110 would occupy the same chart space as a $10 price increase from $10,000 to $10,010. Benefits for Beginners: Linear scales are often easier to grasp for beginners as they provide a clear visualization of absolute price movements. Imagine tracking a stock price. A linear scale shows you exactly how much the price has moved in dollars, whether it's $10 from $100 or $10 from $1,000. Drawbacks for Volatile Assets: However, linear scales can distort the significance of percentage changes, particularly for volatile assets. A $10 increase might seem like a big deal for a low-priced stock, but barely a blip for a high-priced one. This is where logarithmic scales come in. Logarithmic Scale: Unveiling the Percentage Play A logarithmic scale prioritizes the relative change in price, depicting movements as a percentage of the current price. This approach offers a clearer picture of the effort (percentage change) behind each price movement. Think of a stock that jumps from $10 to $15. On a linear scale, this might appear insignificant. However, on a logarithmic scale, the significant percentage increase (50%) would be more visually apparent. Benefits for Long-Term Analysis: Logarithmic scales are generally preferred by experienced traders for long-term analysis. They emphasize the relative importance of price movements, especially for volatile assets like stocks and commodities. This allows for easier identification of significant percentage changes, regardless of the asset's current price. Drawbacks for Beginners: However, logarithmic scales can be less intuitive for beginners due to the compressed scale at lower price points. They might also be less suitable for short-term analysis where absolute price changes might hold more significance. Choosing the Right Tool The optimal choice depends on your trading goals and risk tolerance: Logarithmic Scale: For experienced traders focused on long-term analysis of percentage changes and volatility assessment in stocks and commodities. Linear Scale: A suitable starting point for beginners due to its straightforward nature. However, it's crucial to be aware of its limitations when interpreting percentage changes. The Straightforward Scale: Linear Think of a ruler. A linear scale on a stock chart works similarly. Each price change, regardless of how big or small in dollar amount, gets the same amount of space on the chart. This can be helpful for beginners because it clearly shows how much a stock's price has moved in dollars and cents. For example, if a stock price goes from $10 to $15, that $5 increase takes up the same space on the chart as a jump from $100 to $105. This makes it easy to see how much a stock's price has gone up or down in absolute terms. Benefits: Easy to understand, especially for beginners. Shows clear dollar-for-dollar price movements. Drawbacks: Can be misleading for percentage changes. A $5 jump might seem like a big deal for a low-priced stock, but barely a blip for a high-priced one. For example, a $5 increase for a $10 stock is a huge 50% jump, but for a $100 stock, it's only a 5% increase. Linear scales don't show this difference clearly. Zooming in on Percentages: Logarithmic Scale Imagine a special ruler that stretches out the vertical scale. This is kind of like a logarithmic scale. It focuses on how much the price is changing as a percentage, not just the raw dollar amount. This can be super helpful for spotting big swings, especially for stocks that have soared in price or taken a nosedive. Here's how it works: The space between $10 and $15 on the chart would be much bigger than the space between $100 and $105 because the first jump is a much steeper climb in percentage terms (50% vs. 5%). Conclusion Understanding linear and logarithmic scales empowers you to extract richer insights from financial charts. Experiment with both to determine which approach best aligns with your trading strategy and risk profile. Remember, effective technical analysis requires a combination of tools and knowledge. By mastering these scales, you'll be well on your way to unlocking the secrets hidden within those squiggly lines and navigating the ever-evolving financial landscape with greater confidence. Educationby ParabolicPUpdated 446
Sell 2415 sl 2425 tp 2150Price under construction M form pls like for support thank youShortby I_AM_ADRENALINE2214
USOIL: The pullback provides a buying opportunity, Buy@78.3Crude oil began to rise sharply yesterday as geopolitical conflicts intensified and the situation in the Middle East became tense again. Both API and EIA reserves are negative this week, which is another good signal for crude oil. The upside of gold continues to expand with the support of data and geopolitical conflicts. At present, MACD is in the positive zone, and the overall momentum is dominated by multiple parties. There is a greater opportunity to follow the trend and be bullish. The trading volume below is inactive in the short term, and the market's bearish sentiment is sluggish. There is a high probability that bulls will launch another attack after the adjustment. Combining multiple aspects, I think the current callback is a good opportunity to buy directly near 78.3 and set 3 TPs, respectively 79/79.5/80Longby Get-rich-signalUpdated 8
PLATINUM - Close To Breakout 🧐This chart could easily be overlooked as noise with not much coherent but with simple use of the Supply Line we can see that many breakaway shakeouts (arrows) have already happened. And now much further down the line with liquidity behind it depleted; there is much more chance that there will be a real breakout. Also notice by using a lower trendline the price is close to an apex. This also increases the odds of a full breakout. This is great for " XYZ" " (client only) as both " X " and Platinum are looking bullish and it is still a deep value buy right now; could be a pump coming soon. Its become a great moment for metals and related stocks 👍. Longby dRends35Updated 337
XAUUSD Continúa la tendencia alcistaEl oro sigue con su tendencia alcista desde inicio del año desde los $1800 usd/onz hasta los límites de hoy en $2420 usd/onz. La tendencia de este activo implica que va a llegar muy posiblemente este mismo año a valores entre los $2650 usd/onz y los $2750 usd/onz. Este análisis está basado completamente en movimiento de mercado y no en indicadores, y aunque el índice dólar este año se ha mantenido en la misma zona, esta estabilidad ha dado paso a que activos de reserva como el oro consoliden mayores volúmenes de compra. La proyección anual es alcista y va apoyado por la estabilidad del dólar, aunque como ya va a mitad de camino lo más prudente es esperar un muy posible retroceso en las próximas semanas o meses de mitad de año en el precio del oro (que al parecer ya está completando un patrón de onda de extensión "wxy" interno), buscar entradas o zonas de compra en este retroceso y subirse al ruedo hasta el final del ciclo alcista, también existe la posibilidad de que el ciclo avance directamente hasta el objetivo si hay mucha influencia de noticias económicas, pero teniendo en cuenta la relación de liquidez que debe mantener el mercado para su fluctuación, necesita un retroceso mayor que aumente su liquidez de avance. Este análisis general en periodos mayores nos ayuda a mantener y entender la dirección y la tendencia que lleva mercado en este ciclo. Espero que les sea de ayuda en su visión general para que puedan tomar las mejores entradas posibles en sus trades diarios o de mayor periodo, siempre esperando y calculando el momento y el lugar mas oportuno. Herramientas: Análisis Técnico y Fundamental Ondas de Elliot Retroceso Fibonacci Patrones Armónicos OB Zonas de volatilidad // nota: Si les resulta oportuno y de ayuda este análisis, pueden ayudar con su "me gusta" o comentario y así cuando estemos en zonas de entrada las compartiré también. Éxitos en sus trades.Longby johangbach2