1. Price Levels: - Current Gold Price: 2040 - Expected New Higher High: 2180-2193 - Resistance Levels: 2124-2115 - Stop Loss (SL): 2011 2. Bullish Sentiment: - Gold is described as "very strong bullish," indicating a positive outlook on its price movement. 3. Technical Analysis: - Demand Zone: 2180-2193 is identified as a demand zone,...
EURUSD is starting to adjust after it reaches the upper limit of the price channel as we have set out before, continuing to keep the old view, I expect this pair of money to decrease more but the trend of increasing It will still be preserved as long as it moves in the current price channel.
Greetings, fellow traders! Yesterday, we witnessed a robust surge in gold prices, leaping from $2160 to near the $2200 mark—a swift $40 increase—propelled by a weakening USD and supportive market news favoring this esteemed metal. Currently, gold's price is pausing at $2179, following an upward trajectory. However, I anticipate a period of adjustment after this...
🔅SUIUSDT has showcased significant respect for the $0.51 demand zone, highlighting a crucial support level within the price action. Concurrently, a notable surge in volatility suggests an imminent explosive move in the near future. Analyzing the current price dynamics, particularly the bounce observed from the demand area coupled with the formation of higher highs...
Upon observing SUIUSDT's medium-term price action, a discernible supply/demand zone materializes in the vicinity of $1.44. While there was an initial attempt to breach this zone, the descent halted in proximity to the 88.6% Fibonacci support. Subsequently, SUI swiftly rebounded, reclaiming its position above the demand area. The most recent price movements...
Hello,Traders! AUD-USD is making a bearish Correction after a strong move up And the pair will soon retest a Broken key level of 0.66 which Is now a support, from where We will be expecting a bullish rebound As we are bullish biased locally Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CHF_JPY is approaching a demand level of 167.082 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
If you haven`t bought S prior to the previous earnings: Then analyzing the options chain and the chart patterns of S SentinelOne prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $3.80. If these options prove to be profitable prior to the earnings...
Take a look at our analysis for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 5117.4. The above observations make me that the market will inevitably achieve 5183.6 level. P.S The term oversold refers to a condition where an asset has...
Forgot about NASDAQ:DASH ? Seems like a good entry for me, expecting 30$ as absolute bottom.
New entry levels for #AITECH for those who missed Buy above $0.12 or after the breakout of this bullish flag pattern. #DYOR
NVDA and MSFT stood out as my top picks for 2023! On the chart, you'll find some of my past buy recommendations, such as this one before the earnings: In my view, the current retracement presents a favorable 'buy the dip' opportunity. Utilizing the Fibonacci retracement tool, I've identified a buy zone between the 0.618 level and 0.5, ranging from $785 to...
If you haven`t bought ORCL prior to the previous earnings: Then analyzing the options chain and the chart patterns of ORCL Oracle Corporation prior to the earnings report this week, I would consider purchasing the 110usd strike price Puts with an expiration date of 2024-4-19, for a premium of approximately $4.60. If these options prove to be profitable prior to...
Take a look at our analysis for GBPAUD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.931. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.937 level. P.S Please, note that an oversold/overbought...
Please, check our technical outlook for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2168.373. Taking into consideration the structure & trend analysis, I believe that the market will reach 2215.553 level soon. P.S We determine oversold/overbought...
#BEAM about BEAM NASDAQ:BEAM is the native crypto asset for the Beam network, an ecosystem that brings gamers and developers together to shape the future of the gaming industry. It's used to pay for transactions and interactions with smart contracts on the Beam network, and also serves as the heart of the governance of the Merit Circle DAO. Our strategy is to...
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.53900 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.53900 support and resistance area. Trade safe, Joe.
This is one of my favorite Leap Options positions for 2024 and let me tell you why.... In the Chinese electric vehicle market, there exists a formidable contender that stands toe-to-toe with the mighty Tesla ( Ok a bit exaggerating but you get the gist) . This company, known as NIO, has been turning heads in the industry with its innovative technology and...