GOLD.. at resistance ?? Hold or not??#GOLD... well guys market very well holding his supporting area and bounced back.. now we have 2357 around day resistance and weekly resistance. Keep close it and if market tholdit them gain drop expected from here Good luck Trade wisely by AdilHussain7313332
Inverted H&S' on Silver Chart2 Inverted Head & Shoulders - possible trend continuation until final target.Longby onur-simsek2
Africa the new Chinese Copper ColonyThis day has seen the price differential between the COMEX and the London Metal Exchange (LME) seen as a support for the consolidation of the UK market. The copper market has been experiencing tensions due in part to the closure of one of the most important mines in Latin America located in Panama, coupled with the reduction of production forecasts from several suppliers. China's focus on lending, investment and trade with Africa as a whole has generated a beneficial exchange in which billions of dollars have been committed to construction projects led by President Xi's Silk Road initiative. Chinese investments in Africa increased by 114% according to Australia's Griffith University, where their focus is highly concentrated on extracting minerals for the energy transition and China's plans to lead and revive its own economy. Such trade also requires oil, agricultural and manufacturing products, as China's deficit has ballooned. Public-private infrastructure development (PPP) loan agreements appear to be China's channel for acquiring raw materials in exchange for finished goods. Recently, the American Enterprise Institute, a Washington think tank, reported that investments from 2023 to 2025 have been increasing to $11 billion, of which $7.8 billion went into mining, such as the Khoemacau copper mine in Bostwana, which China's MMG Ltd acquired for $1.9 billion, as well as lithium and cobalt mines in countries such as Namibia, Zambia and Zimbabwe. The hunt for critical minerals has also extended to the Democratic Republic of Congo (DRC), where the Chinese government is developing the Atlantic coast corridor called the Lobito Corridor, to send metals from Zambia to Congo, the development of the Nairboi Expressway, the development of automobile tracks in Kenya or the railroad line that was cancelled in Uganda. What can be detected in the Chinese economic model is the generation of a hyperdependence of “colony-metropolis” that was previously occurring with European countries such as France, or the United States in those countries, and this control of monetary power is being transferred to China. Looking at the July copper futures chart, there has been a gradual escalation in price since February, where major African contracts with China through the BRICs began to be backed by Gold and intensified, and this forced the repatriation of millions of dollars sitting in fort nox bunkers and respective domestic warehouses in the US. It would not be unusual to see a price contraction to previous areas of 383 because the demand for copper has been able to match pure speculation prices of 2022, where there is no real demand to cover that supply, because none of the technology consuming countries are at their best. This, added to the inflation problem, may be affecting and causing copper to remain bullish, just like the rest of the metals. But not because of real market demand, but because of inflation. Its high of 519.75 could be pierced again because of inflation, but as soon as inflation is corrected if market demand remains as poor, copper will fall in price to plummeting lows. In any case, a bullish continuation is very feasible in the short term. Ion Jauregui - AT analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades2
SILVER: Weak Market & Bearish Forecast Balance of buyers and sellers on the SILVER pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals114
GoldRoot Candle - BPR/FVG in a Breaker Only option for the swing trade if this FVG doesn't holdby Cb98_0
OIL W. LongI expect oil to rise in the next few weeks. On the daily chart we see liquidity (circles) and a very very strong saport at 77.40. I expect oil to start rising from 78.09 or the aforementioned 77.40. At each level I will watch the Order Flow Chart. in case you don't have O.F.CH. so watch the level if the price closes above or below the level it will tell you if the price will continue to the level above or below. In case the price falls below 77.40 and closes below this level we are looking at lower levels which are shown in the chart. I wish you lots of rich success and don't forget about money management because it is the only way to make money .-) Rocket will be very pleased and will motivate me to further public analysis. Longby wennousUpdated 10
XAUUSD : Gold is recovering againWorld gold price (XAU/USD) yesterday increased more than 25 USD to a high of 2,358 USD. Although expectations about the Fed cutting interest rates recently have many negative changes, gold has a lot of momentum and one of the measurements is that the world geopolitical situation is becoming more complicated with military conflicts. There is increasing tension between Israel and Hamas forces. But analysts predict that investors are still betting on gold prices to increase in the near future. Forecasts say that by the end of the week, gold price will increase to 2,375 USD.Longby SantaTradeGoldUpdated 6
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Price is moving as we'd hoped upside only we didn't get the retest of the low that we wanted. We were expecting it to be a quiet day but we've still got some decent movement for those who are in long from the open. Our first target region has been reached 2350-55 where we're seeing a slight RIP, however, nothing significant at due to the low volume in the markets. So, what now? We've highlighted the support region below around the 2340-45 mark, which we feel if held should push us up further to complete the higher target given, which is where we want to see what happens. Too early to say we'll flip, so we'll go with the price as it stands with 2360-65 resistance and 2340-45 support. As always, trade safe. KOG by KnightsofGoldUpdated 2269
Gold short tradeSell limit 2351.2 Sl: 2359.5 Tp: 2333.5 RR: 1:2 All the best :)Shortby sadiya_trade786Updated 337
Gold updateGold is indeed pumping... Make sure secure profits... NY session is yet to pump it even moreLongby BM_ForexTrader0
XAUUSD BuyGold (XAUUSD) presents an interesting scenario. While a weaker dollar could typically support gold prices, the overall risk-on mood might put a cap on significant gains. Analysts are keeping a close eye on economic releases, particularly inflation data, for hints on the future direction of gold.Longby xrpbilbsUpdated 2
GOLD ANALYSIS www.tradingview.com Gold is navigating within an ascending triangle faces the 2350 resistance level a breaching above the 2350 could propel the asset to retest 2360. targets 2357 , 2374 , 2390.Longby Goldxking11
crude oilCrude oil is currently on main wave B of an A,B & C correction, pair has completed sub-wave A & now its currently on towards sub-wave B is about to be confirmed as pair is expected to breakout towards minor-wave 5 of sub-wave C on main wave BLongby Nhlanhla_luck_IV3
Bear flag developing in goldIntraday Update: A bear flag pattern is developing in the gold market which could influence the US Dollar (bullish) on a breakdown of the gold market. Shortby ForexAnalytixPipczar3
GOLD Pair is currently on a correction as sub-wave 4 of wave 3, sub-wave 4 consist wave A,B&C, at the moment its on wave A of sub-wave 4...sub-wave A is an impulse which has wave 1,2,3,4&5 now pair is on sub-wave A as minor wave 4...one last bearish impulse is expected as minor-wave 5 of sub-wave 4Shortby Nhlanhla_luck_IV3
XAUUSD fakeoutfakeout at both uptrend and last bullish momentum candle ... long opportuinty found ⚠Longby Mustafa_Abdel_Hadii3
SUPPLY AND DEMAND In this analysis, we'll be focusing on the H1 timeframe for XAUUSD. We are looking for buy opportunity with key levels at 2350.00 - 2356.00 . If the price reject 2350.00 - 2356.00 zone, than we go for buy and the target is set at 2390.00, indicating a potential upward movement. Conversely, if price break below at the key level 2350.00,than wait for confirmation and look for sell. the sell target is identified at 2332,indicating downward movement. Let's delve deeper into these levels and potential outcomes .Here we have two supply zone and two demand zone. SELL ZONE KEY LEVELS: 2392.00 - 2400.00 2410.00 - 2416.00 BUY ZONE KEY LEVELS: 2350.00 - 2356.00 2328.50 - 2332.50Longby TradeTacticsrealUpdated 115
SMC / LIQUIDITY✅Gold managed to create a New All-Time High(ATH) at the beginning of the week. 🏃♂️Currently, Gold is moving near the 🔴PDL previous day low 🔴. 🌊According to the SMC / LIQUIDITY concept, when gold market has taken all the sell side liquidity, once the sell side liquidity has been taken completely then market will move further according to the direction of the trend. 💡Also, we can see Regular Divergence(RD) between two Consecutive Peaks. 🔔I expect Gold to continue falling to at least the 🟢Support zone(2373 - 2353)🟢. Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions.Shortby TradeTacticsrealUpdated 7
SMC CONCEPT✅Gold managed to create a New All-Time High(ATH) at the beginning of the week. 🏃♂️Currently, Gold is moving near the 🔴PDL previous day low 🔴. 🌊According to the SMC / ICT concept, when market price sweep the liquidity, once the sell side liquidity has been swept completely then market will move further according to the direction of the trend. 💡Also, we can see Bearish momentum is very strong. 🔔I expect Gold to continue falling to at least the 🟢Demand OB or otherwise support area🟢. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions.Shortby TradeTacticsrealUpdated 8
Swiss Franc Long IdeaA potential Long opportunity in Swiss Franc. The "Swissie" has tended to make a seasonal bottom in May and is currently bouncing of support (demand) on the weekly chart. The 4H chart then appears to show a potential accumulation schematic. The breakout above the range aligns with our bullish, seasonal bias as mentioned above. We are monitoring to initiate a long position if price pulls back into the range below 1.106. This would be a test of the schematic. If price trades below the Spring at 1.090, the idea is invalidated. Longby DaXingUpdated 1
SILVER (XAGUSD) 04/02/2024Purple Box: Bearish (21.6 - 22.1p/o) Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o) Bullish Scenario Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver... Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable... If we call our last push down a retrace, we hit 60-70%(discount?) Bearish Scenario There is a high probability of being bullish, but the markets the market and a fall shouldn't be ruled out... A break below the purple box with resistance then found and a fall to 18p/o is likely... (bias change) We could be forming an ascending triangle... So one more rejection of 25p/o and then a full pullback climb to 28p/o or passed. Longby DENCHMONUpdated 115
Gold showing Bears incoming .Gold showing Bears incoming by breaking 2332.63 and close below . but keep an eye on news for sure . if not .. wait for a reversal .Shortby rekoo202