XAUUSD price has a chance to test the resistance level 2057-2062. If the price cannot break through the 2062 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
By checking the gold chart in the daily time frame, we can see that yesterday the price fluctuated a lot as expected and even managed to grow up to $2056, after which it faced a heavy selling pressure and managed to fall to $2031! The noteworthy point is that the price has fluctuated a lot in the last 2 days, but it has not been able to close above the price of...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago bounced from the support line and made an upward impulse to the resistance line of the pennant, thereby breaking the 2055 resistance level, which coincided with the seller zone. After this movement, Gold rebounded from the resistance line...
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line. Completed " 1234 " Impulsive Waves at Fibonacci Level - 38.20% or Previous Strong Resistance. Divergence in RSI
Hello,Friends! Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 21.986. ✅LIKE AND COMMENT MY IDEAS✅
The full swing movement of the xau market. Just as the analysis implies, we're going long and the next major retracement zone is at the 70's, then followed by a sell retracement and after a continued buy till the 100's BOOST 🚀, COMMENT 📈 and FOLLOW 🏷 for more helpful analysis 👍....
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 76.37. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 81.90 level. P.S Overbought describes a period of time where...
👆👆👆 #CADCHF UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADCHF. CADCHF is exactly on the way to our main target price as we predicted. Already 100Pips+ gain so far. Now is against ready for next Bullish wave. We can see gain here upto 200Pips+ easily. Keep in touch we will update further soon
Technical Analysis: - NG is doing a bounce in wave ((1)) in black. We expect that this bounce will continue - H1 right side is turning down - H4 right side is turning up Technical Information: - If you didn't buy yet, you must wait for the wave((2)) in black to be completed in order to buy - And if you want to buy now, you need to put stop-loss around 2.43...
WTI Oil (USOIL) gave us the most optimal buy entry last time we made a call on it (January 22, see chart below) and almost touched the 79.40 Target before pulling back: The pattern that has emerged is a Channel Up that started since the December 13 2023 bottom. The recent top at 79.30 is a technical Higher High for the Channel Up and the rejection has started...
H4: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish Price has reacted to Daily and H4 nested supply levels where we saw a reaction within premium zone of the...
Preferred direction: SELL Comment: The situation with metals is quite ambiguous, but nevertheless, considering this instrument from a medium-term point of view, most likely the instrument does not intend to grow yet. According to our two short scenarios, we expect a false upward move before the fall. Of course, this is the first more positive scenario for...
Preferred direction: SELL Comment: As before, despite everything, we continue to adhere to sales in euros. The main target for the fall is the level of 1.07000 , which is also relevant before the upcoming Fed meeting. Of course, more attention will be focused on the press-conference and what mood the regulator will show. If the scenario with the ECB ...
Preferred direction: SELL Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one ( scenario №1 ) assumes entry after the formation of a false breakout at the level of 23.32250...
Preferred direction: SELL Comment: At the beginning of the week, the major currency pairs are showing quite mixed behavior, especially the currencies of the Pacific region. However, the medium-term and immediate prospects are still in favor of the US dollar . Regarding the New Zealand dollar , we expect a fall with a target at the level of 0.66000 . We...
FOREXCOM:XAUUSD continues to be in global and local sideways movement, which is already annoying. The difficulty of trading lies in the fact that it is more difficult to identify strong zones to enter positions than in a trending market. It is allowed to trade from strong borders or zones, otherwise the market will simply tear up. Technically, gold continues...
Hello traders, USOIL is getting more and more bullish NOW. Check on this weekly chart, all price action is above the support line. And last week, usoil has finished with a strong bullish candlestick and price positions are all above EMAs on weekly chart. Try not to short USOIL this week, and follow the new trend just start, you could get more than you can...
Hello,Traders! GOLD went up sharply But will soon hit a Horizontal resistance level Of 2060$ from where I think we will see a Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!