Hello traders, I want share with you my opinion about Gold. A not long time ago price started to decline in a downward channel, where it first reached the resistance line and then rebounded down to the buyer zone, which coincided with the 2160 support level. After this, the price bounced up from this area to the resistance line of the channel, but in a short time,...
Hello,Friends! SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2250.313. Taking into consideration the structure & trend analysis, I believe that the market will reach 2222.660 level soon. P.S We determine...
Gold's reaction to its own resistance range In case of failure, the next target area will be activated!
Preferred direction: BUY Comment: The situation with the New Zealand dollar is as similar as possible to the situation with AUDUSD . The mid-term buy priority is very strong, and we are considering growth towards the levels of 0.60700 and 0.61000 . Most likely, there will be a renewal of the local minimum at the level of 0.59500 , but this will not in...
Preferred direction: SELL Comment: Our previous idea of going long on this coin has been worked out, and it already makes sense to take a closer look at going short. In the short and even medium term, growth is likely to continue, as can be seen on the chart (two short scenarios), but a correction for the coin is approaching. This short-term/medium-term growth...
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 83.06. The above observations make me that the market will inevitably achieve 80.08 level. P.S Overbought describes a period of time where there has been a...
Gold (XAU/USD) could break below a potential breakout level and drop lower from here. Sell entry is at 2,168.96 which is a potential breakout level ( wait for the 1-hour candle to close below 2,168.96 for confirmation ). Stop loss is at 2,195.00 which is a level that sits above a pullback resistance. Take profit is at 2,130.81 which is a pullback support that...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 2257, a swing low support Our take profit will be at 2222.66, a pullback support level. The stop loss will be placed at 2272.15. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Gold is currently moving in a descending triangle. Key support: 2144 - 2149 Key resistance: 2158 - 2163 Gold is waiting for interest rates to come in and provide a 200-400 pip fluctuation! 💰 Fundamental analysis: Numbers above the expected limit of inflation in the United States last week confirmed that price pressures persist and the final stage of...
Gold in the 2-day time frame is forming an ascending channel! The upper limit of this channel can be considered around $2250! If gold wants to complete this trend and wants to complete its price action impulse, reaching $2250 is possible! In any case, it should be noted that this analysis is in the 2-day time frame and this analysis will be long-term. 📈🪙
Layers 2160.5 - 2158 Sl @ 2154 1st tp @ 2165 2nd tp @ 2170 3rd tp @ 2180
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 01 Apr 2024 Trade Idea 1 BUY LIMIT Order: $2211.87 Stop Loss: $2187.16 Take Profit 1: $2236.33 Take Profit 2: $2249.64 Trade Idea 2 BUY LIMIT Order: $2206.10 Stop Loss: $2187.16 Take Profit 1: $2236.33 Risk...
Technical analysis using Harmonic patttern, Finding Point D using Extension Fibonacci Numbers. If the price hit entry, Risk 27 or 80 profit.
whole trend started from 1620 has now reached its wxy projection inside a parallel channel with trend near its peak at current price 2260 gold is highly overbought driven by means macro factor creating fomo buying in gold if breakout from here then 2150 next meltup target while sub wave of Y don't have clear wave counting until we get trend reversal
🔸Hello traders, let's review the daily price chart for UKOIL. Speculative XABCD in progress, with 20% upside potential based on the current price action / fundamentals. 🔸XABCD structure is defined by point X at 95.60, point A at 73.20, point B at 92.50, point C at 77.00, point D/PRZ at 105.00, currently most points validated, point D/PRZ pending in May/June 2024...
With March ending on a new all-time high at 2233, the first day of April brought about another surge of 300 pips, leading to the question: is it time to sell? To be honest, there's no easy answer to this question. Since last Monday, OANDA:XAUUSD has indeed risen by more than 1,000 pips, and a correction could occur at any time. The main issue lies in...