Gold is poised to mark its first weekly decline in a month on Friday, as the U.S. dollar gains support from fading expectations of an early interest rate cut. Investors are eagerly awaiting a key employment report later in the day to glean further insights into the future of interest rates. The dollar index is on track to register its best weekly performance since...
– Previous Weekly candle closed Bearish around 2045.700 forming Weekly Resistance around 2063.000, Friday Daily candle closed Doji Bullish forming huge Rejection to the Upside and the Downside – Buys on close above 2048.600 targeting 1h Resistance around 2055.000, Leaving Runners to the 15min Resistance around 2061.100. – Sells on close below 2037.700 targeting...
Hello dear friends, do you think the price of gold will increase or decrease in the near future? Generally, the main trend of gold in the past week has been a decrease in price, with a decline of over $40 during the week. However, when looking at the long term with the 1-day chart, gold still maintains a strong upward trend with a steady rising trendline. Gold...
Hello dear friends, let's delve into the gold price last week and discuss a new strategy with Karina! Last week, the gold price appeared to decline, losing more than 40 USD from 2088 USD to 2045 USD. Towards the end of the week, gold seemed to remain relatively stable, focusing on a sideways movement with a resistance level at 2050 USD and a support level at 2030...
TVC:USOIL Crude oil futures rose toward $76 per barrel on Friday, cutting the 5% plunge from the prior session that took prices to their lowest since July. CBOE:OVX ended on $40.43 nearly 7 percent lower than its previous session. Breakthrough 75.63 resistance. Still it is within acceptable deviation range, the short stance is yet too early to be declared...
DXY / 1D Hello Traders, welcome back to another market breakdown. DXY has been trading in a trading range, the price keeps making new lows for now, and lower highs which is a signs of a bearish trend for now. The price is around the previous S/R level where bears might show up again. I'll be looking for some confirmation on lower time frame to the down...
Good evening gold gang! its that time once again where we tackle these gold markets with ease and precision! Price closed friday respecting 2 major zones .. so we are currently stuck in the middle. The HTF (higher time frame) is respecting the major algo at 2031 and looks good to keep coming up .. but we know this can all change very quickly. We will need some...
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Hello Traders! This is my idea related to GOLD H4. I see a good opportunity for a SHORT TRADE from the OB. As a take profit, I see the price of 2015. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and...
CNX bounced off the 200 EMA on the daily and has broken out of a downward wedge. A move over $21.00, and a reclaim of the 50 EMA should send this back up to test the highs. Looks even better on the weekly chart imo. Target $23.50
I think it's hard to predict gold prices next week. However, I propose the following two scenarios for gold prices: Analyzing the H4 timeframe, I found: Important key levels for next week are: 2035-2039 (bold areas) 1/ If this Keyleve area still holds the price, I think the price of gold will continue to rise and will rise to the starting point of the last wave...
KOG Report: In last week’s KOG Report we said we would likely see the week start with ranging movement where if we saw the resistance levels hold above at 2060-65 we felt an opportunity to short the market would be available. We gave the initial level of 2050-55 and then on the break the level of 2030-35 with the weekly bias being bearish below 2075 with target...
Support 2024 Resistance 2070 gold will first touch 2024 support Then it will spike up to resistance 2060 What you think about gold my point view is that
HELLO TRADERS !!! As I can see this pair has reached at a strong resistance zone we are expecting a drop from this zone to the draw tps my charts always talk it self see other pairs charts updated so it will help alote to understand markets next move its just an trade idea share ur thoughts with us & stay tuned for more updates
Thesis: This is a trade made by Senator Thomas Carper last month. Upon reviewing and doing my research, it seems the volume of one of the pipelines in the gulf of Mexico controlled by Valero Energy has has a significant increase in volume. Looks like a bullish year ahead for Valero! Here are the levels I will be interested in. Please note that this is a...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...