World gold prices tend to decrease with spot gold down 2.4 USD compared to last week's closing level to 2,388.8 USD/ounce. The world gold market last week fluctuated according to a familiar pattern. Gold prices continuously touched new highs thanks to being boosted by shelter demand due to fears of escalating tensions, but then retreated and entered a...
Today i will try to explain how to play with Kava in a simple way. - Remember always that in Cryptos are not easy as forex or stocks, because movements are always brutal. - The first step is always to detect the real trendline. - Detect 3 points. Bouncing Points, Rejection Points. - Some traders use only 2 points, but i am old style trader, so i really need 3...
Bharat Dynamics Ltd. engages in the manufacture of defenses equipment. It specializes in surface-to-air missiles, air defense systems, heavy weight torpedoes, air-to-air missiles, and other allied equipment. The company was founded on July 16, 1970 and is headquartered in Hyderabad, India. Stop-Loss - 1740 Target 1 - 2230 Target 2 - 2400
Workhorse could start working again as the 50 minute chart is showing a suggestion of a reversal after a long trend down. Price has passed over the longest moving average which is a SMA20. The EMA cloud ( 100, 200, 300) is starting to turn up and price has crossed over it. All in all, there are some golden crosses here. Blue buying volume spikes are seen...
Vedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE. Its other businesses includes...
FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...
FX:GBPUSD is going to leave the sideways range with the negative fundamental background. On D1 the price is breaking the trend line, and at the same time the dollar is conquering new highs. The pair is declining amid the strengthening of the dollar index, which is connected with the news on inflation. The medium-term outlook is defined and thus gives us an...
Trend - On the weekly chart: Still within the large uptrend channel since January 2023. - On the daily chart: The minor uptrend channel since October 2023 was broken with moderate volume. - Although the long-term uptrend remains intact, the short-term momentum may be pausing. 100% Symmetrical Projection: Uptrend “N” Patterns - There are two price...
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price. Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
FX:EURUSD is testing 1.0864 for a breakout. The price is heading towards downtrend resistance. Unpredictable CPI ahead, but technically the currency pair could bounce back down. All eyes are on the consumer price index today. Traders expect a strong decline in the CPI from 0.4% to 0.3%, which generally indicates the state of inflation and is a strong lever for...
FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game. (Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest) Bulls form another intermediate bottom at 2365, building a limit...
FX:XAUUSD reaches the 2400 mark on Friday before facing a profit-taking. There is a possibility that traders closed positions before the strong news that occurred from Saturday to Sunday. There is no correlation with the dollar now, which makes it easier for technical analysis. In fact, we have a strong bullish trend and strong support in the form of the...
Once again Bitcoin is Re-Testing my Multi-Year TrendLine as support. The last 3 daily candles each have a wick poking down at it. Will it hold? So far it has but with each passing day and retest, the chance grow less and less likely. As long as we remain above it, I am long. A drop below would have me taking risk off and waiting for a better price below somewhere.
We expect further downside on this pair, signalled by the formation of a triple-top pattern. We can also see the breakout of a counter-trendline supports our directional basis
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce. The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that...
FX:XAUUSD reaches our goal of 2400. The psychological level is tested, but 2400 does not mean expensive. The growth may continue as the potential and interest is still huge. From 2400 a correction to the nearest area of liquidity can be formed. The market needs to rest and accumulate a bit before breaking through 2400 to continue further upside as...
On the pound, there are no significant differences observed compared to the euro. There is also a clear short order flow, and positions can be considered based on reactions to FVG with targets for continuation in short direction