HI Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. The way I told you, you have to trade like this and you will have...
📊Gold analysis in the 4-hour and mid-term timeframe The analysis style is based on Elliott waves By maintaining the important resistance of $2006, the market can continue to fall in 5 waves and reach the 1940 range, which is only a long-term investment opportunity in this range. The next rising wave can be formed by creating tension and war in the Middle East...!
Pair : Copper - CU Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Breakout the Upper Trend Line and Completed the Retracement RSI - Divergence Double Top as an Corrective Pattern in Long Time Frame and Rejection from Daily Resistance Break of Structure
Gold sells running in VERY, VERY DEEP PROFITS within the Gold Fund for our bigger investors😍 Bare in mind, we still have 1,000+ more PIPS to the downside left to catch, so we will position ourselves into more sells during pullbacks & if market structure allows us to do so.
__________________________________________________________________________________________________________________________________________________________________ Hello traders investors and community, today I share with you an amazing observation which I found in the bitcoin and gold chart. As many people know when we talk about digital gold we bring bitcoin in...
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. As per previous analysis price did target weak internal low. Internal structure remains bearish. Price has printed a further bearish iBOS. Expectation is for price to react at a POI, which price currently is reacting to Daily and H4 nested demand levels. Bullish CHoCH, indicated by...
Finally, our expectations for gold to slide below $2,000 were fulfilled yesterday when the shiny metal sold off following the release of higher-than-expected inflation data in the United States. Given the hell breaking lose (yesterday) in the stock market, we remain concerned about gold’s performance in the short and medium term (while being bullish in the long...
We sent out this update in July 2023, where a Vuvuzela (Broadening Formation) formed. INstead of waiting for a breakout, we were playing with the pattern's range instead. Since it bounced off the Support level it's been on the way to R4.75. And you can see the price almost touched it, before retracing back to the uptrend line. So have we been getting it...
FOREXCOM:XAUUSD , amid the decline we were waiting for, reaches the target of 2015 and forms a false breakout. But the only thing that is constant is the range. What should we expect from the price at this point? Pic: False break of trend line support The dollar stops again and goes into consolidation before another series of news. Today the market is...
Good morning and i hope you are well. wti crude oil bull case: Bulls still have the 80 target in sight and they are buying all pullbacks. The uptrend is weakening but i think then can get there. The 1h 20ema is holding pretty good and we are right at it. So it's a buy. The drawn wedge could get us there but bulls have more trend lines below which can hold. Last...
🔸Hello guys , today let's review daily price chart for gold. All previous setups that I've posted already hit TP, congrats if you followed. 🔸DUMP fractal in progress, it's the same distribution/dump fractal that resulted in heavy corrections in 2022/2023. On the left we got the current price fractal, on the right past dump fractals from 2022/2023. 🔸Based on...
🔸Today let's review the 8 hour chart for US oil . Noteworthy bounce in progress after accumulation near lows, however currently getting overbought, we are closing in on a cluster of stop losses / heavy overhead resistance. 🔸XABCD structure is defined by point X at 70 usd, point A at 78 usd, point B at 72 usd, point C at 79 usd, point D at 68 usd. speculative...
🔸Hello traders, today let's review 2daily price chart for gold. Heavy rejection from strong overhead resistance near 2075, sliding S/R contained the bull run once again. 🔸2015/2020 usd weak horizontal S/R price level, once bears take it out expecting strong sell side pressure to accelerate, targeting 1950 and 1900 usd. 🔸While the gold price chart looks strong in...
The price of gold continues to drop below the psychological 2000 level and on Wednesday, during the Asian session, it hits a new two-month low. The Federal Reserve (Fed) may decide to hold off on decreasing interest rates until its June policy meeting, according to rumours stoked by a stronger-than-expected US inflation report released on Tuesday. This is one...
After yesterday's big fall, gold has reached a daily manipulation. It may continue to fall, but for now I am betting that the yellow metal will react and retest the CPI release level.
Here is my thinking for coming days. Gold can move up from 2025-2026 area. It has touched our first target of 2025-2026 . It can move up to 2055 and if it holds it then can move up to 2065 . For the completion of M patten gold should hit at least 2065 or for more confirmation it should touch 2088 . On the down side if it cant hold 2025 support then it...
Just as the analysis implies, xau overview is a bearish momentum right now and any bullish movement is merely a retracement for a continued bearish swing. Eyes on 2006 for a bullish retracement and then a follow-up bearish movement till the 1980's where another bullish retracement is expected. BOOST🚀 , COMMENT🗒 AND FOLLOW🏷 FOR MORE HELPFUL ANALYSIS 👍 ......
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2002, which is a pullback resistance. Our take profit will be at 1981.95, The stop loss will be placed at 2021, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all...