We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead. Last week is HERE or in the related ideas at the bottom of the post. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development...
Hey Everyone, Another PIPTASTIC day on the chart today buying dips all the way into our Bullish target!!! After completing the retracement range earlier this week, we got the bounce into 2357 yesterday followed with the lock above 2357 opening the 2389 bullish target once again. - This played out perfectly completing the target at 2389!!! We will now look...
We've identified a promising long setup on OP with several strong confluences: 1. **Sweep of MDay-Low Range**: The price has swept the MDay-Low range, moving right into the Fair Value Gap (FVG) and Demand zone. 2. **Bullish Market Structure**: The market remains bullish as long as the demand holds. 3. **Range Low Within Demand**: The range low is situated inside...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
💥 GOLD information World gold prices increased with spot gold increasing by 21.9 USD to 2,357.6 USD/ounce. Gold futures last traded at 2,363.6 USD/ounce, up 21.1 USD compared to yesterday morning. Weakness in the USD and Treasury yields following US producer price data for April provided a boost to the yellow metal. The dollar fell 0.2% after US data made gold...
💥 GOLD information World gold prices decreased with spot gold down 27.2 USD to 2,335.7 USD/ounce. Gold futures last traded at 2,342.2 USD/ounce, down 32.8 USD compared to yesterday morning. Short-term futures traders rushed to book profits after recent gains put pressure on the yellow metal in early trading of the week. Meanwhile, the market is still waiting for...
“Bears have had ample opportunity to re-take control of the trend, but ever since the low printed on the NFP report, bulls have been making their way back,” Stanley said. “This week saw a break of the falling wedge, which takes on a similar appearance as a bull flag, and this keeps the door open for continued strength next week.” Adrian Day, President of Adrian...
On the morning of May 15, the State Bank (SBV) announced the central exchange rate USD/VND at 24,269 VND, an increase of 3 VND. The exchange rate range allowed for transactions at Commercial Banks ranges from 23,400 - 25,450 VND. The USD/VND exchange rate was also brought to the trading range of 23,400 - 25,450 VND by the SBV Exchange. This morning's exchange...
Gold prices steady amid mixed US PPI data, investors ready for tonight's CPI data Gold's rally continues after falling on Monday at $2,357, but has yet to surpass the recent high of $2,378, recorded on May 10. This could cause the XAU/ USD moves sideways within a certain price range. According to the RSI indicator, the current trend is beneficial for investors...
Hey Everyone, Great day on the chart today catching the move up form support inline with our plans to buy dips. Yesterday after break and lock confirmation below 2357, we got our retracement target hit at 2337. We then highlighted, as per the chart arrow our expectation for a bounce back into 2357. - This played out perfectly for the bounce into 2357 today. We...
Looking at this short on NEAR the strucuture remains bearish and for now it doesn't seem to flip bullish. I am looking for either the FVG or the 2H supply to hold. If this works out the target is $6.65 ✅
Short Term Trading Advice by Naranj Capital Buy Methanex Corporation ● Buy Range- 51.5 - 52.5 ● Target- 55 - 56 ● StopLoss- 50 ● Potential Return- 5-7% ● Duration- 12-14 Trading Days
Short Term Trading Advice by Naranj Capital Buy GeneDx Holdings ● Buy Range- 22 - 23 ● Target- 26 - 27 ● StopLoss- 19 ● Potential Return- 13-17% ● Duration- 15-16 Trading Days
Render is reacting more than others and it seems to be in an different market structure here as we have been building more higher higher lows and higher highs when zooming out. Currently we are on the edge of the MDay-Low range, we are looking for a sweep of this Weak Low and the MDay-Low right into the 1H demand zone and the range low. The volume profile should...
GBPUSD is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the...
Gold prices extended gains near $2,360 on Monday during the first hour of trading in Asia. Rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals. Gold prices traded positively during the day. The yellow metal kept the bullish trend intact as it held above the key 100-day Exponential Moving Average (EMA) on the daily...
Gold prices continued their uptrend on Thursday and rose more than 1% as US Treasury yields fell, reducing the greenback's appeal. Labor market data from the United States was weaker, increasing the chances of an interest rate cut by the Federal Reserve despite facing inflationary pressures. XAU/USD's daily chart shows it has slowed its recovery around the...
Hey Everyone, Our 4H chart kick starts the week with 2357 support hit first. This followed with ema5 lock below 2357 opening the retracement range. This allowed us to wait patiently for the retracement range to be hit. This was hit perfectly and now we are seeing price test the first level of the retracement range. We expect support bounce on each level of the...