During the day I trade from these levels. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Levels are drawn before the European session, based on volumes. Used as interest levels for intraday trading. When returning to the level, a “reaction” is expected, which can be traded both for a rebound from the level and...
Today, I went long gold at 2310 and 2305 respectively and made a very good profit. Gold is currently trading around 2329. Judging from the recent trend of gold, gold has repeatedly touched the 2305 position area and quickly recovered, and this area happens to be the dividing line of the upward trend, indicating that although the bullish momentum has weakened...
USOIL bought then consolidated created a false break out to the down side and went up(accumulation, manipulation, distribution, etc.). We still in strong bulls for USOIL FOREXCOM:USOIL FX:USOIL TVC:DXY . This is only a trade idea, use risk management. Happy trading
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2340.9 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2369.0 My Stop Loss - 2325.2 About Used Indicators: On the...
Hello dear friends! XAUUSD continues its corrective trend. Previously, I warned about the approaching decline. Gold is shedding buyers and appears to be heading towards finding a medium-term bottom. From a technical perspective: The first point of resistance is seen at the previous day's high of $2,334, above which the psychological level of $2,350 will be...
Gold is facing strong resistance and is likely to drop. Consider shorting gold at the current resistance level with a target price set at the nearest support level. Monitor price action and market sentiment closely for potential profit opportunities. Use proper risk management techniques and stay informed about economic data and geopolitical events. Entry:...
TVC:GOLD bullish momentum seems to be exhausted after making All Time High. As It has broken its ascending trendline and support area at 2300-2320, It looks like GOLD will continue its correction towards 2200-2230 zones. In long term outlook, GOLD is still bullish while in short term outlook, We can look for selling opportunities till fib 0.5 retracement.
By checking the gold chart in the 1-hour time frame, we can see that yesterday the price corrected to about $2312 and then it came back with the demand and was able to grow up to the next supply range, i.e. $2332 to $2343, and then again It was accompanied by a heavy drop to $2305! As you can see, the price has entered the desired supply range for the fourth time...
Hello,Friends! We are targeting the 80.21 level area with our short trade on USOIL which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
looking at the over all charts, could we be just months away for a Gold rush?
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2285 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2285 support and resistance area. Trade safe, Joe.
Palladium (XPDUSD) is in the process of forming an Inverse Head and Shoulders (IH&S) pattern as it approaches its 1W MA50 (blue trend-line), which has been unbroken as a Resistance since the week of October 10 2022. Once the 1W MA50 breaks, we will have a confirmed buy signal, whose first emergence was when the 1W RSI formed Higher Lows against the price's Lower...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some time ago rebounded from the support line, which coincided with the 2305 support level and buyer zone and started to rise to the 2380 resistance level. When the price reached the 2380 level, it soon broke it and rose to the resistance line, but then Gold...
Black arrow : Possible to price can make a breakout H4 then continue to fly. Blue arrow : is our sell zone Anyway right now the price is still in sideways which 50-100 pips movement.but I will wait for confirmation first
So we are on the Daily Not moving with much drive and lets say... obvious direction when it comes to day to day bias (Overall Bearish) I am ONLY focusing on PDH and PDL as targets today with any signal to buy or sell into the market being in a discount before I place a trade. Range day - yes To consider that Thursday's have seen good movement on Oil recently so...
#gold #xauusd chart has bearish patterns in STF and weakened. Expecting more sales. Not financial advice.
Long: S1 - 2311.516 S2 - 2291.159 Short: R1 - 2333.953 R2 - 2353.632 Targets: 1000-1500 points. Stop: 500 points. BUY on the BLUE line - SELL on the RED line.
Gold has found support and may be charting a swing low. The shorter-term traders look to be positioning for a positive swing. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a...