– Thursday Daily candle closed Bullish for 7th day in a row. I’ll be looking for potential Buys above 2165.000 targeting Key Level point around 2175.000 and next Key Level point around 2185.000. I’ll be looking for potential Sells below 2152.700 targeting 1h Strong Support around 2144.700 and next 30min Support formed around 2138.700. High Impact News ahead of the...
Yet another very strong Daily close on Gold. DOL is Thursdays high. I want to see h1 bullish arrays respected to then look for M5 bullish displacement for long entry.
My bias all week has been for oil to trade to the PWH. So far, I've been given no trigger to get involved. However, end of NY session saw H4 candle bullish closing disrespecting bearish arrays. I want to see these levels respected as bullish arrays to then look for m15 bullish displacement long entry.
Gold's ( TVC:GOLD ) rally has propelled it to an unprecedented price of $2,164.78, buoyed by expectations of easing policies from both the European Central Bank (ECB) and the Federal Reserve (Fed). Despite the ECB's hawkish hold, ECB President Christine Lagarde's openness to June adjustments contrasts with the rising US Treasury yields. On the other hand, Fed...
I'm just thinking about possible scenarios for gold. what do you think ? I think we have a lot of room for correction, so I will look for a pull back sooner. Just my options.
WTI Crude Oil is neutral on its technical outlook across the three different long term timeframes 1D, 1W and 1M (RSI = 50.461, MACD = 2.330, ADX = 15.020). The latter is the timeframe that we are looking at on this chart and as you can see, Oil is inside a Triangle pattern, which inside the 17 year Channel Down is the pattern that consolidates the price before a...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS and subsequently a bearish CHoCH which is the first structural indication, but not confirmation that bearish pullback is underway. Expectation is for price to pullback to H4 POI or 50% EQ before targeting internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. ->...
In this chart we spotted Head & Shoulder and we expect a good down trend but there is chance it will go UP as there is no DIVERGENCE SPOTTED there is 50/50 possibility either it goes up or down.
Hey Everyone, Following on from yesterdays update another PIP-TASTIC day on the chart for us, with our bullish targets being hit with confirmation, to give us plenty of time to get in for the action. After completing yesterdays targets, we advised of the ema5 break and lock above 2143 opening, 2153, 2159 and potentially 2167 if momentum allows. Today we got the...
Rationale: COT sentiment The last COT report shows that Commercials' net short positions have been decreasing, which could indicate a shift in sentiment towards the bullish side. The COT report can be used as a tool to gauge the market sentiment of traders. When Commercials' net short positions decrease, it could signal a potential shift in sentiment towards...
Rationale: COT sentiment The last COT report shows that Commercials' net short positions have been decreasing, which could indicate a shift in sentiment towards the bullish side. The COT report can be used as a tool to gauge the market sentiment of traders. When Commercials' net short positions decrease, it could signal a potential shift in sentiment towards...
Hello,Traders! CRUDE OIL is trading in an Uptrend along the rising support From where we are already seeing a Bullish reaction so I think that The price keep growing Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Let's look at gold from a long-term perspective on the chart. Gold is showing a very strong upward trend, and well, after so much price increase, everyone is expecting a correction! Especially when the trend is strongly bullish! 🌟 If you intend to sell gold, wait for confirmation of a downtrend in at least the 4-hour time frames. Currently, the market boundary...
Entry price , Target already marked in the chart itself FYI. stoploss as per your risk mgmt Guys pls like, share and follow my ideas . Thank You and I wish everybody should win.
n testimony before Congress on Wednesday, Powell said he expected the Federal Reserve to cut interest rates and that a U.S. recession was unlikely, but he stopped short of committing to any timetable for easing policy because he was unsure of further progress in lowering inflation. Data showed that U.S. private employment growth was slightly lower than expected...
Preferred direction: BUY Comment: Previous long-trades in gold and silver have been completely fixed with profit, but short-trades are out of the question. At the moment, there is a strong limit buyer working for metals, and most likely the price is heading to a historical maximum at the level of 2140 . This week is rich in the publication of economic...
Preferred direction : BUY Comment: The British pound continues to be the most promising major currency pair to rise amid so much accumulated selling. Here, we continue to adhere to the previous plan, and events strictly develop according to scenario №2 . The growth target is the level of 1.28000 , or more precisely the area near it, since most likely, as...
Preferred direction: BUY Comment: We continue to consider the euro in favor of buyers, especially until the target at 1.09000 is crossed. Above this level, there is a target of 1.10000 , which the pair may approach quite easily, since there is an accumulated resource for this. This potential movement will develop within the framework of scenario №1. ...