What is going on gold gang!! crikey what an insane day .. cant believe first the move up nearly 600 pips .. then a correction of 1000 pips! crazy times We caught scalps of course .. but the big moves? leave them to the big players. My next price prediction is 1993 for gold .. we are selling off heavily at the min due to institutions taking profits .. with the...
Dear colleagues, I believe that the downward movement is not over yet. At the moment the price is in the formation of wave 3. I consider the support area at 72.29 as the ultimate target.
The last two days are not a good sign for #GOLD bugs But we said that on Sunday... WHY do we say this? Sunday was an ugly reversal Huge volume with bearish engulfing yesterday Follow through selloff today as well We could be seeing a top for some time....... AMEX:GLD NYSE:NEM TVC:GOLD NYSE:AEM NYSE:FNV NYSE:WPM
This week's spike on gold to ATH reminds me of silver back in 2021, when "over-crowded" bullish trade caused the opposite reaction. So on gold, can be very similar situation now, especially as a drop from ATH looks like an intraday impulse back to an important 2k area. Grega
The coffee price is currently trading in our orange Target Zone between USX 180.40 and USX 174.65 and is making its first attempts to rise. According to our expectations, the low of the yellow wave 2 has already been reached and we expect the yellow five-part wave to continue to grow to USX 210 before the upward structure and thus also the overarching wave (b) in...
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2072.4 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2035.0 About Used Indicators: On the subsequent day,...
Yesterday's crazy gold finally calmed down today. Today, the United States will release November's service industry PMI data, as well as JOLTs job vacancy data, which are all very important news. Will it make gold crazy again? Let's continue to see. Yesterday we mentioned that Friday's non-farm payrolls is a time window to determine the future direction of...
OPEC has not taken a real approach to enforce compliance with selective production cuts, and the production cuts are expected to continue until the first quarter of 2024.Since OPEC's meager production cuts of one million barrels per day are unlikely to offset the impact of the decline in global crude oil demand, it is expected that there may be an oversupply of...
The value area is between 76.5 - 78.5 Be careful about your RISK The target will be 84$
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Silver is near value area for Long positions. Between green areas ( 23.100$ - 22.400$ ) you can set your buy limit positions. Manage your RISK!!! Do not enter any positions by your whole margin
WTI is again in the value area and good for long positions. Manage your risk and set some buy limit in different prices like 70.5 - 71.5 - 72.5 By manage your money wisely you can earn money with out worrying about losing your money. If this area breaks and oil falls more don't panic! Just keep your positions and buy in the lower levels
HELLO TRADERS As i can see Gold has reached at strong daily broken resistance which is now as a Support and now its time for more bulls to join the rally with just -50 pips STOPLOSS :) strategy friends as we can see geopolitical issue around the world and current $ conditions... NFP and bla bla but chart always talk Technical + Fundamental = max wins..... i can...
After the daily rejection, gold is poised to test support below 2000! N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gold #xauusd
With the new analysis of gold in the weekly time frame, we see that after about 4 years, gold recorded its highest historical price ceiling, that is, the price of $2149! Before this, the highest historical ceiling was formed in 2020 due to the epidemic of COVID-19! Considering that it was the fourth time in the last 4 years that the price had reached this...
Multiple time frame analysis for Gold. Price action. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
4h- On the 4-hour timeframe, we observed a break in the market structure on Monday. The context has shifted to short, with my initial target set at 2010. Following its confirmation, I aim to see a continuation towards 1930, serving as a secondary structural level.
XAUUSD - 24h expiry Price action resulted in a new all-time high at 2145. Selling pressure from 2145 resulted in all the initial daily gains being overturned. Posted a Bearish Outside candle on the Daily chart. Bespoke support is located at 2016. Previous resistance, now becomes support at 2010. There is scope for mild upward pressure at the open but we look...