www.tradingview.com Gold (XAUUSD) is navigating a descending triangle pattern and has rebounded from its upper edge. The 50-period moving average adds an additional layer of resistance for the asset. If it breaks above the 2345 resistance level, it could clear the path to the 2365/2390 resistance Conversely, a rebound from the upper edge may trigger a...
So, as stated in the video, the shorter term timeframes of 30m/1hr/2hr have opened up to lower movements, while the 3hr/4hr/6hr have been violated and would call for a movement back up, but haven't shown that potential movement yet. We are still in a short term Bullish Zone in accordance with my moving momentum algorithm, but we are very close to hitting below...
1. Trend Bullish and chart is in pullback 2. Set up: Probable reversal point 3. RR: 1: 10R
1. Trend: sideways to bullish 2. Set up: Reversal 3. SL: follow on closing basis
Designed to track the performance of the S&P 500 market index, the SPDR S&P 500 ETF Trust (current AUM is US$529,081.40 million) is engaging with an interesting area of support on the 4h chart after gapping lower on Wednesday. This follows an all-time high forged last week at $534.00. SPDR Testing Support The uptrend in this market at the moment is obvious,...
So trends that called for upward movement confirmed this upward movement last week. I had mentioned in my last video that the candlestick pattern for May 1st was extremely bullish, the following two days confirmed that movement in my opinion and given that trends called for upward movement, we crossed above the zero line on MACD Momentum into a bullish zone, and...
“If the PCE record is better than marketplace forecasts, this can be some other assault on FED hobby price reduce expectations, inflicting gold expenses to fall even deeper.” Notably, Kitco News`s ultra-modern weekly gold survey indicates that greater than 3-quarters of enterprise specialists assume that gold expenses will pass sideways or lower this week. 14...
Momentum preceeds prices! The USDCAD has had a trend reset (Secondary Trend), which is key to the Up-trend continuation. The structural point for trend reversal is 1.3656, we want to see a second breakdown below the structure without breaking below 1.3624. A trade back above 1.3656 will be the first buy, confirmation will be a trade above 1.3671. In terms of...
Prices Already on Resistance!! If Market Crash Price can go higher up to $2900 (I mean 20% rally). or Opposite, It come down to $2100 to $2000 level It will provide a bearish divergence signal shortly. Keep an eye on it, but make a trade plan in advance. A surge in the US dollar and Treasury yields also brought down the price of gold. Central...
World gold price on the night of May 22 was about 16.8% higher than at the end of 2023. World gold price converted by USD bank price was 74.7 million VND/tael, including taxes and fees, lower about 16.2 million VND/tael compared to the domestic gold price as of the late afternoon of May 22. World gold prices fell sharply, causing the USD to increase rapidly....
www.tradingview.com USDJPY May Rise! On the H4 chart, the USDJPY has formed a symmetrical triangle pattern. The price has broken above the trend line and is currently testing a significant resistance zone. A short-term bullish trend could be anticipated if the price manages to break above this resistance level. 🔼 Trade: Consider buying USDJPY on a breakout...
**Sorry about the sound** Today, I'm looking at the Major Indices to determine the current state of play of the currency market and what we should expect for the remainder of the trading week. The current 4HR wave structure analysis of the Indices is as follows: DXY: +ve EXY: Neutral AXY: Neutral SXY: +ve JXY: +ve BXY: -ve CXY: -ve ZXY: -ve BUY PAIRS: No High...
Just simple trendlines Basically once btc gets above 70k and holds in till atleast ema catches up, in day time frame, we shall resume the bullish trend Well tbh we'll just see how things goes Thank you for listening (tradingview requires big descriptions :)
Introduction In this idea, we'll analyze the performance of our crypto trend model by breaking down each individual trade made since it went live on 27th July 2023 . We'll delve into key market events that occurred around these trades and the run-up gains or drawdown avoidance achieved by the model. Trade Breakdown Short Signal - July 27, 2023 Trade...
Based on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights: Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is...
#BTC has started an uptrend since 16oct2023 (30 weeks ago) and then reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024 . when Israel bombed Iran's consulate , tensions escalated and risky assets like BTC dropped , on the other hand safe assets like gold rose . after that , BTC retraced and found support the 38.2 Fibo level ( while...
NSE:DIXON Long time RS positive stock. retesting the 8200 levels after breaking out. Heading towards all time high.
Hello. We have been in a falling trend for about 3 months. I believe that a nice surprise will await us at the intersection of the support and resistance point. It is not investment advice. I will open a position at the point I specified. I don't think the support point will be broken. I wish you profitable trades :)))