#GOLD.. well guys we have 2368.50 as current resistance area, keep close it. if market hold it then drop expected from here. dont be lazy here. and keep in mind that abnove 2368.50 cutt n reverse is valid on confirmation. good luck trade wisely
Price cannot get past 960-970$ zone These failures create a triple top formation that is a very bearish pattern I expect a sharp downtrend move in the next weeks
Hey Everyone, Our 1H chart update yesterday completed the bullish targets followed with the drop shared yesterday completing the bearish targets. We got the swing range bounce, as part of our plans to buy dips and now broken the swing range on the 1h chart. However, Switching to our 4h chart, we can see after completing all our bullish targets, we got the cross...
Hello dear traders! On the 2-hour timeframe we see a trend change, then the market moves into a correction and distribution phase and reaches 2355 USD. Accordingly, the USD 2350 resistance area continues to hold the price amid correction and sell-off. I expect that after a retracement and retest of local liquidity areas, the price reaction to liquidity areas will...
Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to...
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...
Dear traders! Earlier we saw the bulls' attempt to maintain a gradual rise towards the 1.0900 level. However, the Pair retreated after the unsuccessful attempt, mainly due to the strengthening of the US Dollar (USD), dragging EUR/USD to a new 5-day low near the 1.0820 region. Looking ahead, relatively weak economic fundamentals in the Eurozone, coupled with the...
Just released news: The preliminary value of the S&P Global Manufacturing PMI in the United States in May was recorded at 50.9, a new high in 2 months; the preliminary value of the S&P Global Services PMI in the United States in May was recorded at 54.8, a new high in 12 months. The preliminary S&P Global Composite PMI in the United States in May recorded 54.4, a...
Dear colleagues, the markup turned out to be rather unusual, but I still assume that the price is headed for a correction in wave “4” (2328.823). This may mean that the price will soon start an upward movement at least to the area of the nearest resistance at 2404.446. After confirmation of this movement we will consider options for further upward movement....
FX:XAUUSD is forming a bearish wave, within which it is declining from 2400 to 2350. The price is testing strong support amid the changing sentiment. Within a bullish trend, after testing the high of 2450, the market catches up with a correction wave based on fundamentals. The market is caught by a wave of sell-offs, which can be continued after a pullback...
By examining gold in the 1-hour time frame, we can see that the price experienced a heavy drop after yesterday's analysis, which was due to the fact that the Federal Reserve announced that the interest rate will remain high for a longer period of time! Currently, gold is trading in the range of $2367 and there are very important supply zones in front of it!...
Dear traders! Gold continues to form a wave of decline, in which gold last traded at 2,330.1 USD/ounce, down 52 USD compared to yesterday morning. In the context of profit-taking pressure continuing to increase as investors continue to worry about when the US will cut interest rates as well as the strength of US business activities. It is expected that in the...
This does not mean entry. We must wait until the buy signal confirms BULL-SHARK entry. You all know the drill. Here are the smart money red trendlines with white line volume blocks. I will wait, all possible dips. Let’s see how the whales behave. BLUE WAVE is my support wave.
Dear traders! On the 1-hour timeframe, we see GBPUSD confirm a drop below 1.2700 and reach 1.2686, after which the price quickly pulled back and retested liquidity amid a correction and sell-off. The price reaction to the established liquidity zone is consistent with our selling outlook. Expecting a more solid selling strategy, Conan is waiting for a drop to at...
Hi everyone, In last 2 days ETH price increased on over 20% and there is a good chance that this rise will continue. Ethereum price is rising amid rumors about possible ETH ETF which might be approved by the end of this month. I just opened ETH UP position at 3750 price with 5x leverage on Fybit trading platform. Target for this trade is previous local high at...
Hello TradingView Family / Fellow Traders, As per my last analysis, attached on the chart, BTC broke above the accumulation phase and traded higher. Currently, BTC is hovering around the upper bound of the range. What's next? Scenarios: 1️⃣ Bullish - Continuation For the bulls to maintain control, a break above the upper bound of the range at $72,000 is...
Dear Traders, GBPJPY from our previous chart analysis on gbpjpy, the price moved as we hoped for, however, after looking at the recent market behaviour, we realised that JPY Pairs will start turn bearish. JPY is currently retesting a very key level where we can see a vast amount of interested coming in from whales to pump the currency, even BOJ is likely to...
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...