# ****Gold Price Weekly Forecast: XAU/USD could break out of range on NFP? **** Gold has been struggling to make a decisive move following a correction from the $2,000 level. While the technical outlook points to a bullish bias, buyers are likely to remain hesitant in the near term. Market participants are closely watching the US Nonfarm Payrolls (NFP) data,...
Hello traders i am expecting bullishness on gold we mainly see volatility during news wait the news to pass like 2 min then the trade will setup the news always like to knock people first before making the right move i will make an update on it just follow me
hello traders this is more of an ascending triangle as a descending or simply a trendline breakout strategy can be a bit unique for some but it works guys if the concept behind is correct wait for session wait for candle close
Daily TA: Well, you can see all the information on the chart. If you have questions feel free to ask. 💥💥💥Important note: At first I should mention that it's not investment advice then as you know, today's CPI for Canada will be published so it's a high-risk trade, and as always we need a low time frame confirmation. Last but not least, if you look at...
USDJPY was on a clear uptrend. Then, a major support level was broken. This level was even visible on the 1D chart, which shows that it's a significant level. Once the level was broken, I quickly entered on a buy once price returns to that level. It was a major level, so I predicted that only a short retest was required. This is because I felt the market...
In accordance to my previous post, I outlined the scenario in which we may pull back on US OIL to these prices 76.8. We have created structure as anticpated. RR 3 : 1 Not Financial Advice
Summary of the RBA’s February 2023 statement: • The RBA hiked the cash rate target by 25 basis points to 3.35% • Underlying inflation was above expectations at 6.9% • Strong domestic demand is adding to the inflationary pressures • CPI is expected to decline this year due to global factors and slower growth in domestic demand • Medium-term inflation expectations...
EIA Petroleum Status Reports are considered high-impact news, yet how much do they impact ES futures? In the 30 minutes after it gets reported at 10:30am ET, here's how ES has reacted the last 5 times: Jan 4: 14.75-point range, closing up 0.21% after 30 minutes Dec 28: 11.5-point range, closing up 0.25% after 30 minutes Dec 21: 12-point range, closing...
look where price is one more time at an area where rejected clearly twice before plus it's a structural point too ( it use to be support but changed to resistance ) if you look at the left side of the chart. this cluster of resistance add to the importance of the area. But the thing is matter most is not to rush into a trade as we have CPI news today and depends...
Bearish view here. Due to the Political failures and cost of living crisis, i only see one direction for the GBP going into the Inflation Reports on the 19th October . I expect Inflation to rise and continue to place pressure on the Pound further as seen in the past few months. I can't see the price entering any lower than 1.06700 as the buying opportunity...
Looking to play a little volatility from CAD inflation numbers. I will only get in if price comes to retest that blue zone rejects it. I'm targeting that 1.3200 level. Entry: 1.3339 SL: 1.3374 TP: 1.3204 RR: 3.82 Personal opinions only not investment advice!
FedEx Corporation Short Term - We look to Buy at 161.03 (stop at 148.79) The company gave a bleak outlook for profits and plunged in the premarket by 20% .We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move...
Please see related ideas for better context, everything else is in the video. But in short - we will have a lot of manipulative moves during the next two days. See why in the video. 👋 Disclaimer: All ideas here are for educational purposes only, not financial advice. Your trades are yours only, and your complete responsibility. I'm not particularly bullish or...
Alert has presented on EURUSD. Short reversal trade identified and entered. Working the 15M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Trade is currently running in blue but we'll see where we end up. Jackson Hole Symposium starts today so this trade will be finished today be it a TP or a SL as expect...
BOS is a crossed trendline as an indication the trend will go up again. Before the ascension. There will be a retrencment to continue the advance. Use the Buy zone to start your trading.
Work in progress. Feel free to send me events I can research and add to this.
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so as I mentioned my previous ideas in general I am looking for short position again. I am seeing no reason for taking long position. Summary: 1820~1795 levels are take profit level for bears and it may little go up after seeing 1820~1795! please like and comment on my ideas!