Weekly chart, wheat cash contract is trading in a falling wedge! Will we see the 435 - 400 price level or rebound upwards from 520 - 525? It is tough to confirm.. However, this falling wedge pattern has a higher probability that the price will cross the resistance (line R) upwards towards 745 and 765 in the long term.
FOREXCOM:XAUUSD is moving into a consolidation phase after a phase of strong sell-offs. The probable reason could be the news that the market is waiting for. What can happen in the market? The general fundamental background for gold is negative, therefore, it is worth considering further prospects downward. Technically, a descending channel is beginning to...
Kinetik Holdings is a company that operates in the energy sector, with a particular focus on the Permian Basin. Analysts have varying opinions on KNTK, with some considering it a high-yield Permian Basin play, while others emphasize its growth outlook. With that said, KNTK is preparing to breakout of a pattern which it began forming over 1,800 days ago! After 5...
*Note #BRK does own Barrick Gold #ABX Very interesting chart pattern 25 years in the making The close of September should mark a confirmed breakout, of Warren Buffet's famous holding company, against Gold on a quarterly basis. More evidence of a Melt Up in paper assets? And the continuation of the Bull market in the "roaring 20's" If this is a continuation...
End of day update from us here at KOG: In yesterdays update we said we would want that 1990 level to support the price, and as long as it did we would hold our long trade for 1995 and above that 2003. Not only did we again catch the top, but again we caught the short term bottom on Gold. So, what now? We're looking at the immediate support levels below of...
Hey Everyone, Once again our update chart idea played out perfectly. Yesterday we stated that 1988 Weighted level was providing support and we have 1999 for the immediate resistance target due for a retest. - This played out perfectly with the 1999 hit perfectly We then had the break above 1999 opening 2007 and 2010. - 2007 hit and 2010 now left open We...
Silver (XAGUSD) is on the 2nd straight green 1D candle, the strongest two day rally since December 14 2023. The natural technical Resistance is the 1D MA50 (blue trend-line) and if broken and the 1D candle closes above it, we will buy the break-out and target the 0.786 Fibonacci level at 25.000. This is because based on the 1D RSI, the current Double Bottom...
To be successful on Wall Street, it is important to be flexible and be able to recognize changing market winds - the patterns that tell investors when to get in and out of the market. Sometimes a breeze is a warm and inviting wind: assets rise in value, and it seems that everyone is making money. Other times, it turns into a violent storm, leaving in its wake...
By checking the gold chart in the Daily time frame, we can see that according to my previous expectation, we waited for the price to enter the Supply ranges of our desired zones and then we were accompanied by the heavy fall! According to this analysis, after the price growth up to $2044, gold managed to start its fall and finally correct up to $1984.5 ! Now the...
Gold is selling pressure with sell trend Gold is ready to fall to support area Gold next level will be 2062 Good luck Seup gold price Gold sell from 1995 Target 1964 Support and push like button
Dear colleagues, the price resumed the impulsive upward movement. I assume that this movement is wave 1 and it will end soon. Perhaps we will see the beginning of wave 2 today from current levels, but a more conservative and favorable entry will be from the resistance area at 79.37. In any case, I expect the price in the area of 50% Fibonacci level 75.49. Manage...
WTI Oil (USOIL) is being rejected once more on the 1D MA100 (red trend-line). Even though we are constructing this analysis on the 1W time-frame, in order to utilize the long-term dynamics and stress the importance of the 1W MA200 (orange trend-line) as the long-term Support for exactly 3 years (since the weekly break-out of February 01 2021), the key that makes...
Looking like Ill be changing my bias based on structure, and DXY short. Will hold for 160 pips but first TP is 40 Enjoy
GOLD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GOLD Entry Level - 2006.5 Sl - 1996.8 Tp - 2028.4 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hi Traders ! On The Daily Time Frame, The XAUUSD Broke The Support Level (2001.895 - 2006.335) The Key Level Becomes a New Resistance Level. The Support Line is Broken. So, I Expect a Bearish Move📉 ------- TARGET: 1983.000🎯
Gold sells still moving nicely. Take advantage of these small pullbacks to the upside & use it to load up on more sell positions. If you missed the sell position when I called it at the top, use this pullback to finally join the selling trend🦾
Preferred direction: BUY Comment: US CPI data strengthened the position of the US dollar , but nevertheless, the momentary collapse is quite significant intraday, and in the medium term, this downward impulse is not so terrible. As before, the medium-term vision remains in favor of the buyer, and a reversal can occur at any time. After the collapse to the...
as same my analysis on GBPUSD...il be waiting for Buy opportunity at demand area..before any trade can be taken...i will wait for reaction first at demand area first then will consider if that trade can be taken or not...