CAPITALCOM:GOLD MCX:GOLD1! NCDEX:GOLD TVC:GOLD FXOPEN:XAUUSD TVC:DXY OANDA:XAUUSD ACTIVTRADES:GOLD VELOCITY:GOLD During the European and Asian trading times, gold continued to fluctuate and fall at high levels, falling from 2185 to 2167 After the US market opens, under the influence of CPI. Gold fell sharply first. Then it rose to 2182. But...
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Long Time Frame Completed " 123 " Impulsive Waves Break of Structure RSI - Divergence Bearish Channel as an Correction Short Time Frame
With the release of cpi data, gold fell from 2185 to around 2150. Tomorrow, gold will be supported at 2165-2168/2170-2174 above and 2145-2141/2132-2136 below. I think gold will break through above and then fall. We can rely on the upper pressure point to sell gold. Buy gold at the pressure point below. sell 2165-2168/2170-2174 buy ...
The top of Gas marks the bottom in bictoin, the bottom in gas marks the top in bitcoin. HINT : Gas has reached flat bottom and about to boom imo.
XAUUSD H4 Price dumped yesterday following the cluster of inflation data we witnessed, US stock indices whipsawed, XAUUSD dumped beyond our support on the LTF, but held on the H4. A slight bounce was we are currently witnessing, before the next potential downside leg. US stock market volume to follow in 1 hour 45 minutes time. Lets see what it brings.
Platinum (XPTUSD) broke above the 1D MA200 (orange trend-line), and being on 1D RSI Higher Lows, we may be having a strong rally in its early stages. At least this is what the very same Higher Lows RSI pattern has led to when Platinum made the very same 1D MA200 break-out on October 26 2022. The result was a +28.50% instant rally from the bottom and then a finaly...
Copper (HG1!) has entered the 3.9740 - 4.0235 Resistance Zone that has been in effect since May 01 2023. It has provided the rejections of August 01 2023 and December 27 2023, with the latter hitting the 0.618 Fibonacci retracement upon its reversal and the former the 0.786 level. Technically the current 1D CCI pattern is almost identical to the one that preceded...
FX:XAUUSD stops after a strong rally. A new ATH = 2195 is formed, after which the market starts the correction phase. The support 2175 is broken and the price tests 2150. There is a probability of continuation of decrease but after resistance retest. The fundamental background has been maintained since Tuesday. Yesterday we got CPI positive for the dollar,...
As you can see, the price took the liquidity that formed as a high in Daily FVG, had a bearish reaction, and shifted the market structure. Now the price trades inside the bearish order block that we expect to push the price lower. We need the LTF confirmation for entry. 💡Wait for the update! 🗓️13/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Hello,Friends! Bearish trend on USOIL, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 77.74. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! SILVER uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 23.123 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the SILVER pair. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: SELL Comment: The outlook for the US dollar against the Canadian dollar in the longer term is quite positive, but before this rise, which is likely to allow new highs in the 1.36000 area, the currency pair will test the area around the 1.34000 level. At the indicated support area, we expect the seller to stop and the beginning of...
Gold has been moving very nicely this year. First it broke out of a MASSIVE Symmetrical Triangle that lasted an entire year of sideways movements. Then it shot up, formed a W Formation and then just rallied up with a high inclination. I'm talking over 60 degrees up. So, the momentum is strong (bubble style) but still strong. And the target remains at $2,236....
Gold (XAU/USD) is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 2,155.01 Why we like it: There is a potential breakout level (wait for the 1-hour candle to close below 2,155.01 for a breakout confirmation) Stop Loss: 2,195.20 Why we like it: There is a pullback resistance at the all-time high Take Profit:...
Natural Gas on an intra-week basis seems to be in a position to Bullishly Reverse as it sits at the PCZ of a potential Bullish Shark with slight Bullish Divergence near the previous month's low. My target will be anywhere between $16 and $20 though it could always go higher.
WTI oil (XTI/USD) is falling towards a pullback support level at 75.89 that aligns close to the 50.0% Fibonacci retracement level which has been identified as a pivot point. Could price bounce off this level and potentially climb higher towards the 1st resistance? Pivot: 75.89 Support: 73.45 Resistance: 80.79 Risk Warning: Trading Forex and CFDs carries a...
FX:XAUUSD is consolidating above 2175, but at the same time a descending triangle is forming. Theoretically, price should break support, which will form a false break of 2175. On D1, volumes are declining, price is stopping after a strong rally. On H1, support 2175-2175 is formed and price has been squeezing towards support for a few hours, which increases...
www.tradingview.com On March 13, 2024, the price of gold might go down because it dropped from its recent high of 2195 to around 2150-2155 on Tuesday, and the candlestick closed in red, suggesting it might continue to decrease. So, it's a good idea to sell. Sell: Sell when the price reaches 2165-2166, aiming to close at 2153. Alternatively, sell at 2176-2178...