TradeXMBL

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Hi Traders, In the realm of financial prognostication, few assertions carry as much weight as the trajectory of gold prices. As we stand on the precipice of 2024, all signs point resolutely towards a momentous ascent in the value of this timeless metal. Gold, with its intrinsic allure and historical significance, has long been viewed as a bastion of stability...

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Hello Traders! Here is my analysis of why I believe NasdaQ will turn bearish end of this year, and H1 of 2024. 1. Macroeconomic Headwinds: Slowing Global Growth: The global economy is projected to decelerate in 2024, impacting corporate earnings and investor sentiment. The ongoing war in Ukraine, persistent supply chain disruptions, and tighter financial...

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Hi Traders, This trade presents a comprehensive analysis and rationale for the anticipated strengthening of the Japanese Yen relative to the Euro in the current economic climate. Through an examination of key economic indicators, monetary policies, geopolitical factors, and trade dynamics, this analysis aims to provide valuable insights into the potential...

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Dear Fellow Traders, I trust this message finds you well. I am writing to share my analysis on the current state of the gold market, highlighting key factors that could contribute to a significant bullish breakout in the near future. As of now, gold is undergoing a period of consolidation, hovering just below the critical $2000 mark. My observation leads me to...

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As we navigate through the intricate web of global events and geopolitical tensions, it becomes evident that uncertainty is the only constant in today's financial markets. My fellow traders, it is imperative that we scrutinize the signs and trends that may shape our investment decisions in the coming years. One such indicator that has been capturing the attention...

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The assessment of the current market situation involving a specific currency pair suggests a thoughtful observation of the technical and fundamental elements influencing the market. The trader's analysis highlights key aspects that may impact the currency's trajectory. The trader's discussion begins with a technical analysis, noting a significant rejection at the...

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Dear Traders, In assessing the Cable pair through a review of its daily chart, the current landscape appears notably turbulent. My analysis indicates a strong indication for weakness in the GBP throughout Q4 2023 and Q1 2024. This forecast is substantiated by several critical factors affecting the UK economy: Firstly, persistent high inflation exceeding 6%...

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Dear Traders, I present a comprehensive review of the gold market for 2023. Upon observing the current chart, it is evident that Gold has established a stabilizing range, roughly between 1960 and 2000. Should either threshold be breached, anticipate a significant surge in market activity. My bullish outlook on gold for 2023/2024 is substantiated by several key...

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Introduction: In this analysis, we will examine the short-term outlook for Gold, taking into consideration recent geopolitical developments. The ongoing conflict between Israel and Hamas, Russia's potential actions related to the nuclear test treaty, and concerns about the US economy's health, particularly in light of the recent Non-Farm Payrolls (NFP) data, all...

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Hi Traders, Friday trading just finished and my god, I was very surprised at how badly metals were beaten up... Granted Silver was the better of the bad bunch but still! Absolute massacre... Now you may be thinking? Surely gold will rebound now? Short answer... is maybe? Why am I saying this? - Here is the COT Report for this week. Non-Commercial ...

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Introduction: In this analysis, we will delve into the USD/JPY pair's current dynamics, examining fundamental factors, prevailing trends, and potential supply zones. Over recent weeks, we have witnessed the Bank of Japan (BOJ) taking significant measures to weaken the Yen's currency power and stimulate stock markets and investments through foreign exchange...

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Since GOP decided to pull the finger firmly out of their arses, I strongly believe that next week dollar will weaken ever so slightly, given other currencies a bit of reprieve! Given that GBP is the strongest out of the Euro/Pacific currencies at the moment, I believe that Cable has the biggest chance to bounce to the next supply zone, where most likely it will...

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Hi Traders, Today I will be reviewing the gold pair, given that I mainly a commodities trader it would be great to share my thoughts on the pairs recent movement.. Long story short I was extremely surprised at how quickly gold declined over the last 3 days, we have shorted every time the pair broke down the supply zones. Now are at a critical point for gold,...

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Looking at the charts, the macro data and overall sentiment in the world (Canada vs India, Azerbaijan vs Armenia, Russia vs Ukraine, China Vs Taiwan & US) I can see we are going into a time of hardship and stagflation with WW3 being imminent... Therefore long term I will see gold to reach 2050 by 2024 and 2200 by 2025 should we continue to go this way. Any...

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Looking at the pair very closely, it seems to me we have a beautiful wickoff distribution on 4 hour chart, the pair broke through the resistance, tried to stay up and fell back down into the supply range, should the range break again, I believe it will be the next trend setter for the next couple of weeks, so pay close attention!

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Hi Everyone, Looks like Gold is definitely struggling against the dollar due to risk aversion and higher rates for longer causing US Yields to sky rocket, specifically 3 month/6month/2 year. I expect for gold to bounce today/tomorrow with the rest of the week being highly uncertain, as I am not sure how market will react to North Korea and Russia summit plus CPI numbers.

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Looking at the data from the US last week, seeing how NFP was revised down AGAIN, Unemployment up, whilst prices going up both in manufacturing and in construction, shows that inflation is sticky whilst the economy is weakening, therefore we can see that Stagflation is going to become a real thing in the US and global economy, which means that Gold is the perfect...

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Hi Everyone, Just sharing my thoughts on this precious metal, on the lower timeframes there is a slight change of trend where we can clearly see distribution and accumulation of buys and sell... We are currently waiting for important news to spear the metal either up or down, for now it's all about range trading above 1885 and below 1900. Keep an eye out on 10...