Hello everyone. At present, crude oil continues to fluctuate at a high level on the daily trend, and the short-term moving average is basically in a flat state, tending to continue to maintain a relatively volatile trend in the short term. Currently, the 4-hour trend continues to fluctuate at a low level, and the K line continues to be under pressure. The...
XAU/USD, H4 6 March 2024
Gold prices have extended their upward trajectory, surging by over 4% throughout March. The
precious metal's ascent is largely attributed to the prevailing risk-off sentiment in the market,
intensifying ahead of the Federal Reserve Chair Jerome Powell's testimony scheduled for today and tomorrow. Additionally, the growing financial risk...
H4 Analysis:
Bias/Analysis remains the as yesterday's analysis (05/03/2024)
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
-> Has reached EQ.
Price has printed a bullish sub-internal iiBOS and internal iBOS.
Most likely scenario would be for price to pull back which is the same for W and D1 following BOS'.
First structural indication,...
Hello traders!
As we can see, the Eur/Usd pair in the daily timeframe has entered the triangle pattern. My opinion is that if the price breaks the 1.0890 level, then we will have a buy movement at the 1.1050 level. Be careful! Don`t forget to look at the economic calendar!
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Hello,Friends!
We are going short on the GOLD with the target of 2055.261 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Dear Colleagues, the price is showing a strong upward movement and I saw a five-wave structure. Now wave 3 is coming to an end and I expect a correction in the form of wave 4. I expect the price to reach at least the support area of 2100.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hello,Traders!
SILVER surged up rapidly
And is now making a
Local bearish correction
But after a retest of the
Horizontal support level
Of 23.3$ I will be expecting
A bullish move up
Buy!
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Check out other forecasts below too!
XAUUSD is currently near the strong resistance level of 2144. If the price cannot break through the 2144 level, there is a chance that the price will correct. Consider selling in the red zone.
>>GooD Luck 😊
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– Tuesday Daily candle closed Weak Bullish as price forms a new range on the Hourly timeframe. I’ll be looking for potential Buys above 2134.000 anticipating for price to fill the previous Daily High around 2142.000 and to potentially retest the Monthly Rejection formed in December 2023 around 2149.300. I’ll be looking for potential Sells below 2123.000 targeting...
Introduction - This is DRAFT 6 for 2150. We hit 2120 today. Trend engine says 2200 Tuesday morning. Followed 2100 on Wednesday.
Details - See previous drafts for details.
Gold is VERY, VERY CLOSE to our POI & supply zone. If this short position goes accordingly, looking to bank a potential 2,000+ PIPS profit from this move🦾
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
Gold 's latest price action offers a gleaming outlook as it flirts with the pivotal $2131 mark, showcasing a vigorous attempt to redefine its all-time high (ATH). The provided chart underscores a narrative of a bullion ascent, mapping out the psychological and technical battlegrounds ahead.
All-Time High Resistance : The ATH, boldly marked, represents an...
#Silver - H1
📣 Looking at the 1-hour timeframe, with the break of the downtrend around 22.81, there is an expectation for price growth towards the range of 23.20.
⛔ Stop Loss: 22.50
On the other hand, with the break of the 22.50 range, one can consider selling with a target of 22.00.
⛔ Stop Loss: 22.81
Guys pls keep this pairs in to your watchlist dont jump in to the trade immediately since
market is very volatile and you will hit the stop loss and one more reason this pairr didn't
take the proper pullback pls be cautious.
Thats the reason I have not given your entry andd stoploss once I get some more data I wil update the same.
Guys Please like and follows...
Gold breaking out while silver tries hard to break resistance. Once it breaks I think silver is bound for an aggressive move up. Silver has took the patience away from many, who are bound to sell on smaller time frames. In my view, they will be left out.
