⭕ Oil is in an ascending channel, which can return to the range of 77.428 to 77.947 if the channel breaks. ⭕ Its target point can be around 74.637 to 75.101
GOLD: Bullish- Ascending Triangle- Rebounce possible to 2149 $ Gold remains a safe haven despite the current fall! the price still remains around 2000 dollars we could make a return to the highest level of Monday December 4, 2023 around $2,149 FOR WHAT? because we have an "ascending triangle" which would take us up again to $2,149 In addition, the price has...
The price of Western Texas Intermediate crude oil, the benchmark for US oil, was around $77.50 on Friday. WTI prices rose after weaker-than-expected US retail sales data, fueling hopes that the Federal Reserve will soon begin cutting interest rates in the coming months. The conflict in Gaza between Israel and Palestinian Hamas has yet to see a resolution or...
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
Gold touched the FIB golden zone and from there looks like retracing. FVG also been filled. I expect 1979 next week
Hello,Traders! GOLD went up sharply From the demand levels Below but has reached A horizontal resistance Level of 2017$ from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Everyone, PIPTASTIC finish to the week completing our chart idea!!! Yesterday we stated that we had the break above 1999 opening 2007 and 2010. - Both these targets were hit with plenty of time to get in for the action, inline with our plans to buy dips. We will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for...
When we look at daily TF we see still there is bearish move still is in play , when we go to H4 TF we see price obeying H4 order block and we see loss of momentum at the supply zone (order block) so we look so sell after manipulation takes place for good RRR.
Been i while since updated. Gold was in line with our previous analysis. Kept advicing to sell the gold market. Currently we need to focus on the daily closure. Because if if closes below 2003. More selling pressure will follow. 2005-2008 is daily/weekly resistance level. Focus on the support level 1977. Posible longterm buys at this level. Priceaction is...
In September 2023, gold prices had a sell-off for the whole month, reaching daily support levels while the RSI was oversold below average. Interestingly, during this period, the announcement of the conflict involving Israel coincided with gold's approach to a crucial support area, prompting speculation about foreknowledge or market pricing in of this event. This...
We're seeing the Gold bearish momentum carry on today, pushing our sell position into higher profits😍 Congrats to everyone who stacked onto their sell positions yesterday.
FOREXCOM:XAUUSD on Thursday is buying back some of the decline after bouncing off support. The market is under selling pressure and strong ETF selloffs are contributing to the downtrend. Price is testing strong resistance that was broken on inflation related news. But the fall is being redeemed on the back of lower than expected Initial Jobless Claims, the...
Hello,Friends! GOLD is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1984.223 level. ✅LIKE AND COMMENT MY IDEAS✅
By examining the GBPAUD 4-hour chart we can figure out the market structure shifted and the price had a bearish reaction to the bearish breaker block so the structure is bearish now, in addition, there is sell-side liquidity which is the smart money target. Now the price can drop from here or it can test the bearish order block and then start the...
Puts or Sell short at $37.90. Buy to Cover $37.78 or lower.
hello guys... as you can see, two head and shoulders patterns happened, the first one experienced a weak breakdown so we cannot count on it! the second one is a slope pattern so we should wait until the price breaks down strongly! then we can get a short position with these targets: target1: 1996.4$ target2: 1981.7$ ______________________ always do your...
H4 Analysis: Analysis/expectation remains the same as yesterday (15/02/2024) -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation is for price to continue bullish and react at H4...
Preferred direction: BUY Comment: It’s strange that we don’t yet see such strong bullish sentiment for the pound . However, the prospects is still the same and the nearest growth target is located at the level of 1.26810 . The medium-term prospects also look positive for the buyer so far. After overcoming this level, one can count on growth to 1.28000 ,...