Hey Everyone, A big move down on gold today from the rejection at 2429. Yesterday we stated we were looking for ema5 to break either 2429 or 2413 level to open the next range. Today we got the break below 2413 opening the full retracement range like we said and this played out perfectly hitting the retracement range. We now also have a cross and lock below the...
USDJPY analysis Time frame of 4 hours USDJPY can continue to fall by filling the 4-hour FVG
💥Gold prices extended their decline on Wednesday. The yellow metal's potential for further upside may be limited as the FOMC minutes are understood to be significantly more hawkish than previous releases. 💥The future direction of gold may depend on the results of the FOMC Minutes. Technical indicators in the daily chart suggest an extension of the ongoing...
Gold prices decreased because US government bond yields increased after the Fed meeting minutes. Gold prices fell sharply when US government bond yields increased and the greenback appreciated. The 10-year US government bond yield increased 2 basis points to 4.43%, while the DXY index increased 0.19% to 104.82, an obstacle for gold. FOMC minutes showed that Fed...
#ONDO Breakout this bullish pennant pattern and currently retesting the support, and then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 150% rally. Entry: CMP and add more up to $0.848 SL: $0.77 DYOR, NFA #Crypto LSE:ONDO
Closing the trading session on May 22, spot gold price decreased 1.8% to more than 2,377 USD/ounce after hitting a historic high of 2,450 USD/ounce on May 20. Calculated from the intraday high of 2,426 USD/ounce, spot gold price has decreased by about 50 USD/ounce. Gold futures contracts also decreased 1.4% to nearly 2,393 USD/ounce. As of the time of writing,...
Regarding Nvidia, we maintain our view that Wave ((iv)) has concluded, and we are currently on the path to completing the overarching Wave 3. We anticipate this wave to reach between $1032 and $1300, which we consider the maximum potential target range for now. We observed an accumulation phase from June 2023 to January 2024. This area might become significant...
Today, Snowflake’s earnings are due, and it’s an important event to watch. Looking at the stock’s history since its debut on the New York Stock Exchange in September 2020, we can identify a crucial zone that initially acted as support but has since turned into a resistance zone. We’ve seen attempts to break above this resistance at around $210, but these have been...
We have let things develop and it seems as it is indeed bullish, I don't really know what to say else only the ETF approval/disapproval could shake this market currently. The correlation between BTC and NVIDIA is also not something you can just ignore but currently I don't think even a miss on NVIDIA earnings could make crypto worry. Looking at SUI now we got the...
This is what we want to see on NTRN as we face challenges breaking above $0.741. We are looking for the HVN to hold here and the MDay-Mid, FVG, and POC to provide enough support for NTRN to maintain its bullish structure. The resistance at $0.741 has proven to be a significant hurdle, but with the support from these key levels, there's a strong foundation for a...
A bad home sales report (but record April home prices) combined with falling traffic and smaller spending data from Target cast an early shadow on the markets but it was the FOMC Minutes that did the trick. big waves with their more hawkish comments. For any and all that say "yeah but they're old, we've had CPI and Retail Sales since then", see the chart below to...
Pendle broke through the resistance level and the descending trendline. The bullish movement to the resistance level at $7.54 is expected to happen.
THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to attempt the push up, go into resistance where we wanted to short the market into the order region, and then look for the long trade back up from there on the RIP into the levels above. This went extremely well giving us a pin point move from level to level. During the week we...
Hey Everyone, Another great day on the chart today with our trading idea playing out level to level. After hitting our bullish targets yesterday we expected play between 2413 Goldturn and 2429 Goldturn. We used the 2413 Goldturn today to buy dips inline with our plans for the week. We are now looking for ema5 to break either level to open the next range. A...
www.tradingview.com ; We can observe descending triangle ,If the bears push the Gold below the support at 2407, the downside target will be 2395, 2378
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...
Since the shock increase and decrease on Monday following the speeches of Fed officials, the gold price (XAU/USD) has had almost no significant fluctuations, fluctuating around 2,420 USD/ounce. Many experts believe that the reason gold does not fluctuate much after officials' hawkish speeches is because the Fed's monetary policy only has a secondary impact on...
AUDUSD looks bullish to me after a test of a key intraday structure support. I see 2 strong bullish confirmations: - double bottom formation and a breakout of its neckline - falling channel and a breakout of its resistance. I expect a bullish movement now at least to 0.669 ❤️Please, support my work with like, thank you!❤️