Hello traders, I want share with you my opinion about Gold. If we look at the chart, we can see how the price some time ago entered to upward wedge, where firstly it rebounded from the support line and made a strong upward impulse to the resistance level, which coincided with the seller zone, thereby breaking the 2150 support level. After this movement, Gold...
Weekly Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has finally printed a bullish swing BOS. Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a vertical blue...
The structure support that we spotted earlier on Gold remains respected and we saw a strong bullish movement from that this week. Feels like this bullish spike is just a manipulation. Next week, we will most likely see a test of an underlined blue support one more time. As I previously said, its bearish breakout will be an important event that will signify...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bearish Gold & Silver:...
hello guys... Gold recently broke out of its ascending channel, reaching the 4.2 Fibonacci retracement level, signaling a strong bullish trend. The current retracement towards the channel's midpoint and the flip area is seen as a healthy correction. Traders are closely monitoring this zone as a potential entry point, anticipating another upward movement...
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:05 AMEX:UNG Stock Forecast 06:50 USO...
Weekly=Bullish. Daily=Bullish. 4H=Bullish. Major rejection on higher time frame but market is still overall bullish. As long as the 4h maintains bullish structure look for buys. Currently 4h is in a deep pullback to 78.6% & 88.6% fib level. Because of Major rejection on higher time frame I would only use 0% (top of Fib) & -23.6% as TP levels. Just in case price...
Gold has shown me something surprising whilst overlooking some charts, we appear to have this huge monthly divergence in the asset when alongside the cumulative delta, now I have my doubts as this delta should be using orders for the most efficient results, but it is sure is interesting as its the only divergence I can find looking back, be interesting to here...
✅CRUDE OIL is going down to retest a horizontal support of 80.00$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 81.72$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
We have a block order, we have a good price reaction to this price floor and block order area, the possible floor and ceiling of the specified price, the status of the RSI indicator shows the possibility of breaking the downward trend line. We can hope for the direction of the price movement. This is not financial advice. Check with your technical analysis...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to decline in falling channel, where firstly it reached resistance line and then bounced down. After this, Gold fell to support level, which coincided with support area, and then rose to resistance line. Then price declined to support...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2159.7 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2174.5 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Oil analysis in 1 hour time frame In the specified areas, you can enter the transaction by seeing the confirmation. The general trend is upward, but in the short term, it can fall to the range of 76-77 and continue its upward trend from this range. Entry: 79.976-80.291 TP1: 81.621 TP2: 82.321 SL: 79.85 RR: 3.02
Looking at the chart of GOLD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2172 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2172 support and resistance area. Trade safe, Joe.
Gold is in a downtrend with decreasing prices. The important support range we have is 2150 - 2155. Gold has tested this support several times over the past 2 days and the strength of the support is very high and has not been broken. Now we need to see the reaction of this range for the coming week. Considering the formation of a descending triangle pattern by the...
Silver had a very important resistance that it broke through with strength and now that range has turned into strong support. Silver faces another important resistance on its way, if it fails to surpass and break that resistance, we can expect a price drop to the support range of 23.417. However, in case of breaking the resistance, we may anticipate an upward...