My option about gold My opinion about gold,is that zone good for buy and it can be bullish Longby hamapro2
oil 30mOn the upside, the 55-day Simple Moving Average (SMA) at $81.31 and the descending trendline at $81.85 are forming an area with a lot of resistance.Longby EMDE50
Crude oil continues to run in the 77~80 rangeCrude oil continues to run in the 77~80 range, waiting for a breakthrough, continue to sell high and buy low Crude oil technical analysis Daily resistance 79-80, lower support 76.8 Four-hour resistance is 79-80, and support below is 77-76.8 Crude oil operation advice: Crude oil was under pressure at the 79.2 mark yesterday and ushered in a weak and volatile downward breakthrough. The Asian and European prices fluctuated sideways and came under pressure near the 79 mark, then fell back and fell rapidly, falling back to a weak rebound near 78.2. NY time was under pressure at the 79 mark and ushered in an accelerated decline. Finally, the price fell to around 77.6 and stabilized. The overall price appears to be suppressed at the 79 mark. Short-term oil prices continue to show a daily red-green cycle rhythm. Today, the lower support focuses on 77.2-77, and the upper pressure focuses on 79.5-80. The day will continue to rely on this range to maintain a wide range of long and short shocks. The watershed between short-term long and short strength still focuses on the 80 integer mark. Before the daily level reaches 80, it will continue to maintain long and short shocks between 77 and 80. BUY:77.0 near SL:76.70 BUY:76.8 near SL:76.40 BUY:79.6 near SL:79.30 Technical analysis only provides trading direction! Longby ActuaryJUpdated 6
XBR, is starting to BURN "UP"! MASSIVE ascend coming!XBR accumulators is close to winning the battle. The last few days of continued net buying has pushed the price significantly higher with so much gusto and strength. Price surged a weighty 2.2% last trading day. On weekly histogram, higher lows has been recorded conveying of a long term trend shift. Pricewise, XBR is moving thinly at the current range -- closer to breaking out the descending trendline. It is now sitting at 5.0 FIB level - a major order block support where most buyers converge. Based on the recent price action and volume surge expect some significant price growth from the present price range. Spotted at 78.00 TAYOR Safeguard capital always.Longby JSALUpdated 4419
GOLD Trades Idea for Thursday 30 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 30 May 2024 SELL LIMIT Order: $2351.27 Stop Loss: $2361.86 Take Profit 1: $2340.93 Take Profit 2: $2327.18 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 28 May 2024 We didn't hit full take profit and got stopped at break even. Let's try again! Trade Review For 29 May 2023 Unfortunately, this trade heads straight to loss almost immediately, let's try again tomorrow! P&L for the month: +0.7R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R 13 May: -1R 14 May: -1R 17 May: -1R 21 May: -1R 22 May: +1.6R 28 May: +0.5R 29 May: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10RShortby Barry_Games_Trading2
XAUUSD - Gold (Make or Break moment)There is a lot of selling pressure for gold, with RSI signaling overbought conditions on every higher time frame. Undoubtedly bullish, however, it may have reached a peak. In my opinion, a lot of consolidation is required before pushing for another ATH. Currently, a double top appears to be in the making, with a swing rejection candle on the daily, with a hanging man candle in formation. Bear trap? Possible. However, considering there is a possible DXY breakout to the upside, as EURUSD breaks down with impending interest rates cuts in June for the EURO, my money is on the dollar. Consequently, if gold begins to retrace back to the 2300 region for a "double bottom" bounce, the ensuing move upward may begin to appear more as the right shoulder with a sequential move to the 2200 region. Moving averages are quickly catching up. Conversely, there is arguably a "cup and handle" with ~2550 target. However, this may be perceived as invalidated by many with the rejection wick on the daily. Trade carefully.Shortby Trader-DavesUpdated 222
XAUUSD:Bullish, pay attention to the resistance near 2368 The gold small-level trend indicator has formed a bullish trend. Before the US market, the main trend is long. Today's important resistance is still around 2368. The unemployment benefit data to be released during the US market is expected to be favorable to gold bulls. In addition, there is a choice of direction in the market at present, so the volatility will be very intense at that time. If I make a mistake in my prediction, if there is no good risk management measure at that time, the loss will inevitably be relatively large, so everyone must be cautious when trading and do not put their accounts at risk of being burned. If you have any questions, feel free to leave me a message. Good day, good luck to everyone!Longby Allen_Ex11
GOLD → Operating with the view of whalesThe proposed strategy seeks to capture a short-term upward movement based on resistance breaking and support validation by LTA. It is important to monitor economic data and Fed-related news as it can significantly influence the price of gold. Longby Samuel_PVSRA1
WTI New Trend BeginningWe can see on the 4H that the downtrend has been broken, waiting for a confirmed retest of the old trendline before entering. We could see consolidation for a little while however. Swing trade.Longby Pottz7773
Corn and Wheat to look for long...why?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Why? will share my thoughts in my trading analysis this week. Technical wise yes,part of it. Do check it out ;) Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Longby Shadowing_The_Big_BoysUpdated 2
Paladium in a attractive buying zoneIt would be a long ride to the upside. Targets at 1,200, 1,500, and 2,000 ~ 2,200. Good luck! Longby richard7_Updated 1
ZM1 bearishafter confirmation candle bearish breakout on H4 our trading plan is buy on pullback and short on zone. Confirmation downtrend already start Daily candle is DOUBLE TOP. TAYORShortby shahfx930
WTI, back at major order block support -- BOUNCE expectedWTI is currently sitting at below 0.5 FIB level on a weekly data -- a key area where most buyers converge. $65-70 area has been quite a solid order block support. It has been tested many times and oil keeps bouncing up from this range. A bounce is expected from current price range. Accumulation has notably started increasing at the present levels. Spotted at 69.0 TAYOR. Safeguard capital always. -------- RELATED NEWS: Reuters Oil prices settle more than 3% higher after China rate cut By Stephanie Kelly NEW YORK, June 13 (Reuters) - Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China's central bank lowered a short-term lending rate for the first time in 10 months, boosting crude prices after steep losses the previous session. The rate cut is aimed at adding momentum to a hesitant post-pandemic recovery in the world's second-largest economy and biggest crude importer. Brent crude futures settled up $2.45, or 3.4%, to $74.29 a barrel. U.S. West Texas Intermediate (WTI) crude gained $2.30, or 3.4%, at $69.42 a barrel.Longby JSALUpdated 565644
GOLD'S OUTLOOK LOOKING BEARISH WITH DOUBLE TOP AND BOSXAUUSD daily chart is now looking bearish. Price slows down with a double top and mini-break-of-structure. Gold's price is close to support at S1, if thisbreaks down, then, gold likely to go lower. N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gold #xauusdShortby BullBearMkt3
Nasdaq 1 MonthNasdaq's Mixed Signals At a glance, the Nasdaq looks robust, but if you remove the influence of the MAG 7 (the biggest tech companies), the landscape changes. Take NVDA NVDA -1.01%↓ , for example, which gained an impressive 7% yesterday. This is largely due to the upcoming 10:1 stock split on June 10, 2024, which is driving market enthusiasm. However, we urge caution, as these events can often lead to a "sell the news" scenario. While this may keep the Nasdaq buoyant for a while, we're also keeping an eye on a bearish rising wedge pattern since April 22, 2024, which suggests a potential minimum drop to the 18,000 level. It's a waiting game from here on out. The C Correction: What to Expect Our analysis of past patterns indicates a retest of the 2021 all-time high (ATH). However, we present three alternative scenarios: 1. Testing the Bull Market Support Band: This would see a drop to around 18,000. 2. Running Flat Correction: A less severe correction, leveling off at the same point as Correction A. 3. 2021 ATH Expanded Flat: A more deep outlook, where the market corrects to the 2021 ATH. We'll be closely monitoring the market's behavior, particularly volume and candle development, to determine which level the correction will reach.Shortby ChartScope0
✅SILVER TIME TO SELL|SHORT🔥 ✅SILVER will soon retest a key resistance level around 32.50$ So I think that the price will make a pullback And go down to retest the demand level below at 31.60$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx115
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply/demand zone (low-risk sell/buy zone) spanning from 2357 to 2359 and 2331.5 to 2329.5, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 2357 and 2359, serving as a low-risk sell. Important Demand Zone🟢: Identified between 2331.5 and 2329.5, serving as a low-risk buy. Bullish Targets📈: 2335: Possible retracement area. 2347: Possible retracement area. 2356: Possible retracement area. 2364: Significant supply zone. Ultimate Target: 2400- Significant supply zone. Bearish Targets📉: 2356: Possible retracement area. 2347: Possible retracement area. 2340: Possible retracement area. 2333- Laying Low Liquidity Ultimate Target: 2331: Essential Demand Zone What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss4
Will 50/50 Funds have to Dump the NDX and SPX Friday?Funds that keep a portfolio of 50 percent bonds an 50 percent stocks are now too long the equities. Many times at the end of the month, these funds will have to rebalance. That could lead to big equity sell-offs.Shortby chrisbrecher0
Lower prices tomorrow IT WILL RETRACE THEN DUMP YOU CAN BUY IT AND RIDE IT UP OR SELL IT WHEN IT GETS TO THAT LEVEL AND HOLD FOR EOD tomorrow. price is also AT an extreme Premium on High TF. DAILY WILL BE BEARISH TOMORROW LOOK FOR SELLS ONLY. Shortby chrisalexis42112
GOLD potentional short setupHi guys, I spotted head and shoulders pattern in making on GOLD as you can see on the chart. It is interesting, that we do have confluence with nearest support level and neckline of H&S. It could be a good idea to wait for breaking both neckline and support level, ideally with some high volume. After that we could go short to the next support. Please tell me your opionon :)Shortby martin20482
Ascending Triangle on Silver/USDI'm not the first one seeing this, but in a few days we'll know: a. another buy opportunity under $31.00 b. $31/oz floor is setLongby antoniochipfernandez114
Short Crude OilOn Daily Chart and 4H chart we created the megaphone(broadening formation) so I would check the top boarder of the formation and look for breaking market structure. Shortby rafael_kyrdanUpdated 2
GOLD Local Long! Buy! Hello,Traders! GOLD is going down But a horizontal support Level of 2327$ is ahead So after the retest We will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals1112