Gold started trading inside a Channel Up following the September 28th 2022 bottom. As you can see, the Higher Low since October 6th 2023 follows a similar structure to the one that started on November 3rd 2022. This shows that the current bullish wave isn't over and should instead settle at around 2280 (+15.45% rise). After that we may see a healthy pull back...
Focus on data this week On Monday, the New York Fed’s 1-year inflation forecast for February On Tuesday, the U.S. February NFIB small business confidence index, CPI data, and OPEC released its monthly crude oil market report On Wednesday, U.S. EIA crude oil inventories for the week, IEA released monthly crude oil market report Thursday, US February...
According to the current trend of crude oil, the price of crude oil is basically fluctuating at 77-78 US dollars. At this stage, the crude oil price reached 78.6 and was unable to break through due to resistance, and then fell again. As far as the current trend is concerned, the crude oil price is oscillating at 78 US dollars. Please pay attention to my signals...
Hey Everyone, Once again a great start to the week with our chart idea playing out, as analysed. Yesterday we stated we had a open target at 2184 and a ema5 cross and lock above 2184 will open the range above or failure to lock above 2184 will see price retrace. - Our target at 2184 was hit perfectly followed with a candle body close above 2184 leaving 2192...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Gold has completed an astonishing continuous rise to new highs. Next week there will be CPI data, which may be a factor that promotes gold's continued rise. Next Monday, I don’t think gold will have major fluctuations. It will be mainly bullish and fall in the short term at 2185 and 2195. So I think Gold Monday is a shock trend It is recommended that you buy...
For crude oil on Monday, focus on the first-line support of 77.0 at the bottom and the first-line resistance of 80.5 at the top. At the same time, pay attention to the upper and lower breakthroughs before making changes. Crude oil operation suggestions: 1. Go short after rebounding near 80.5, stop loss 0.6 US dollars, target around 78.5-77.0; 2. Retrace...
Gold moving very choppy to the upside, despite a positive NFP figure. We're seeing a trap form which'll keep enticing new & new buyers into the market, before we see a reversal. Waiting for a break of structure once our 'selling confirmation' zone is hit, which is when we will short the market. Till then I'm sitting on the sidelines📉
Dear friends, gold is still consolidating around 2180. From a graphic point of view, gold still maintains a bullish pattern, but relatively speaking, the bullish energy is showing signs of weakness.Then gold is likely to see a correction in the short term, and is expected to retreat again and test the strength of the long-short dividing line. In the last...
Daily/4h time frame analysis on Gold. Price action. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Stop looking at paper stuff, get the real thing, shiny, bright and rare. YOU! CAN MAKE THE US FED SWITCH BACK TO THE GOLD STANDARD! Just FRONT RUN THEM. SEE THE LEVELS, THE REAL PARTY IS THERE!.
gold price made triple bottom at 1620 since then it is rising but crowd is now bullish at top at $2100 price level if buy the rumor sell the news is real then hedge funds already front running rate cut by fed same like at bottom $1620 in september 2022 👉 nobody talking where gold will be 18 months from now 👉 what will be next macro theme for gold 18 months from...
Everyone has been bullish gold here, but the idea never made sense to me. We're still in the beginning of a market downturn, and if S&P and QQQ go down, gold is going to go down too. Now the chart is also confirming my thoughts. We just went up and retested previous support as resistance and now we look to be forming a lower high on lower timeframes. This looks...
Crude oil trend analysis, easily make money for you The overall trend of crude oil rose and fell back last week. The expected strength did not appear, but the upward trend has not changed. As long as crude oil price does not fall below 77 US dollars per barrel, the oil price will still rebound, and the weekly negative closing means that there will definitely be...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price fell below $2050 level, which coincided with support area, thereby breaking it, inside falling channel. After this, price tried to back up, but when Gold entered to support area it at once continued to fall. Then XAU repeated this movement,...
Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
We had a nice week for gold and silver. Both rallied higher as DXY fell and reached below 103. The level that we have been waiting for in the past weeks. Now that DXY had a nice weakly bearish candle closing below 103, what should we expect for gold and silver? Would this rally continue this week as well? I don't know. I'm just enjoying the ride. However, there...