Hello Traders ! The Gold Reached A Support Level (2013.702 - 2021.000) Currently, The Price Failed To Create a New Lower Low. The Resistance Line is Broken. The Last Lower High is Broken (ChoCh). So, I Expect a Bullish Move📈. ----------- TARGET: 2071.000🎯
GOLD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GOLD Entry - 2027.8 Stop - 2017.7 Take - 2047.9 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Dear colleagues, I assume that the price has completed the five-wave structure and is currently in correction. It should update the maximum of wave 4 or at least reach its level. Hence, I expect the price to come to the area of 100% Fibonacci extension level at 2047.117. Before that a small correction to the area of 2025.872 is possible. Manage your capital...
Hey Everyone, PIPTASTIC finish to the week with our chart idea playing out perfectly in true level to level fashion with setups giving plenty of time to prepare and get ready for the entries and exits. We started the week with ema5 lock below 2044 opening the retracement range, which was HIT with plenty of retests. Ema5 failed to lock below the retracement...
Hello friends, I hope you are doing well. We have the gold chart in 1 hour.Currently, gold is fluctuating in a trending range area and we have the top and bottom of the trending range to enter trading positions. CPI data will be released today, if we have data that is in favor of gold, that is, the US inflation has decreased, this means that it will harm the...
Crude Bullish Or Bearish today? I think she will go down.........but you tell me your opinion? Due to the levels I thought they could break through and/or jump up lol....... I could be SUPER wrong but.......
OANDA:XAGUSD has been sold heavily with yesterday's CPI numbers. Hotter CPI than expected numbers increased the probability of postponing the start of rate cuts to a later than March. With this expectation, OANDA:XAUUSD and OANDA:XAGUSD were sold with the initial reaction and then they saw some recovery. Silver might have bottomed out. Why? TVC:US10Y ...
Analyzing OANDA:XAUUSD in light of the most recent data, the headline Consumer Price Index (CPI) for the previous month exceeded expectations. It recorded a year-on-year increase of 3.4%, surpassing the anticipated 3.2%. Additionally, the core gauge outperformed predictions, reaching 3.9%, surpassing consensus estimates by one-tenth of a percent. Initially,...
Dear friends, gold is currently affected by geopolitical conflicts, which has led to a surge in risk aversion in the market, thus stimulating the rise of gold. Gold has reached its highest level near 2054 and is currently trading near 2050. From a technical perspective, gold has now broken through the downward channel, and the bullish energy has regained its...
Hey everyone! Let's dive into what's going on with gold after the CPI news. We saw a spike, followed by a channel formation. But after losing channel support, I'm expecting gold to enter a trading range, starting with the first pullback post-spike. Notice how gold experienced three bearish pushes, each weaker and shallower than the last, barely breaking the...
Hello Traders, Hope you all are doing good!! I expect Gold to go Up from here. Any correction is an opportunity to enter. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago made a strong upward impulse to 2145 points, but at once in a short time declined to the resistance line of the triangle, thereby breaking the 2075 resistance level. But later, the price rebounded from this line and made a downward impulse to...
Take a look at our analysis for GOLD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2033.297. Taking into consideration the structure & trend analysis, I believe that the market will reach 2021.324 level soon. P.S We determine oversold/overbought...
BLACKBULL:WTI is still within hard consolidation with two ways outcome. Look the video to get clues
Supercycle - a term which is gaining popularity these days, applies to commodities. Basically what happens is surge in demand, which current supply struggles to cover, causes prices to sky-rocket from being under-valued to highly over-valued. In my opinion Bitcoin and its' four-year cycle is the best example. The main event of the cycle is halving (halving the...
FOREXCOM:XAUUSD reaches our target, but after a false breakdown of support 2016, the market quickly buys back all the fall. Now the price is heading towards a strong resistance The most interesting thing is that three times in a row the US market received fundamentally bullish news. The TVC:DXY has been in the same place for 10 days now and cannot pass...
4 month bearish channel finally broke on red sea tensions. Oil is ready to gain after near 4 month bearish move. Trade safe. Good luck.
Gold finally broke his bull flag and can goes higher on geopolitical movement. 2015-2016 area is good support in gold chart. Double bottom firm in lower time frame that can push price higher. Trade safe. Good luck.