In this video we take a close look at Gold. XAUUSD has traded into a key resistance level. Throughout the video we discuss the trend, price action, market structure and other aspects of technical analysis. We also look at a potential trade idea. As always everything explained in the video and not to be construed as financial advice.
2023.7.13 USD is about to challenge the 100 integer gate Hello, I'm Older Duan. Today is Thursday, July 13th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index has...
US markets gapped up on buyers enthusiasm after a weaker than expected CPI release that signals inflation is easing more than expected. US Bond yields fell while the USD was sent lower also which I expect is the big story from overnight. I feel that the USD will find more weakness in the near term but will not be without a bounce here and there. Gold and Silver...
Welcome back! Let me know your thoughts in the comments! ** XUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
Welcome back! Let me know your thoughts in the comments! ** XAGUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Price is testing a major resistance level which is an overlap resistance + 61.8% Fibonacci retracement. There is also a descending resistance that suggests there could be bearish momentum. A reversal from here could see prices drop to the 1902 recent swing low. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’)...
Weekly bounce off 50% fib retracement good sign for the bulls weekly uptrend still intact, now we have a big enough bounce for bulls to try for the daily uptrend change
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
WTI is at daily highs but a trap could be set for breakout traders and a break of daily trendline support is eyed.
Multiple time frame analysis for Silver. Price action & key levels. Directional bias and thoughts. ❤️Please, support this video with like and comment!❤️
Gold (XAUUSD) has hit the sell entry at 1938.32, which is a key overlap resistance that aligns with the 61.8% Fibonacci retracement and 78.6% Fibonacci projection levels. Price has reversed and started to drop lower towards the take profit level at 1912.55 which is an overlap support. Stop loss is set at 1956.59 which a swing-high resistance. Please be advised...
USOIL could approach a key overlap resistance and potentially reverse off this level to drop lower. The sell entry level is set at 74.034 which an overlap resistance. Stop loss is at 76.944 which is an overlap resistance that aligns above the 61.8% Fibonacci retracement level. Take profit is at 70.005 which is a pullback support that sits just above the 61.8%...
2023.7.11 GBPUSD accelerates its rise USD continues to be weak, the pound accelerates its rise, and US crude oil fluctuates slightly! Hello, I'm Older Duan. Today is Tuesday, July 11th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily...
Gold: Price levels and price analysis Today's focus: Gold Pattern – Trend break Possible targets - 1965 Support – 1905 Resistance – 1932.80 As the USD continues its decline since last Friday’s employment data, our attention has turned to Gold as buyers continue to hold outside the downtrend. Price still sits in a range, but for now, the momentum looks to be...
This idea base on liquidity. This might not work if the Gold woul rise . Trade base on your own decissions . This is not a financial advice. Follow for more
Natural Gas and other commodities offer alternatives to main show which is the stock market indices. The spx sp500 is currently offering very low volatility premiums because its been trending higher in smooth way, and put sellers have crushed premium there. UNG etf offers an alternative potential opportunity for me since premium is high enough and its already...
Last week I mentioned I wanted to see a bullish week with an sweep of buy side liquidity in the form of previous weeks High as an upside objective. That objective was met perfectly, price did exactly as explained, price fell into an 1hr +FVG forming the low of the week drawing to LWH sweeping the liquidity resting above it. This week I'm still bullish gold,...
Cotton could be on the verge of a bullish correction before heading lower again.