XAUUSD made a big splash and just got a new ath recently as it broke above this pink horizontal trendline for the first time. We can see since then it has created a big bear wick however so not so sure it will be able to maintain this pink trendline as solidified support or not. Once it eventually does hod this pink trendline as solidified support for a weekly...
You can see here on this chart how gold seems confidently above the pink trendline but you can also see to the left of that that we were above this line once before not too long ago and that resulted in a big wick and dip back below the trendline to correct for awhile, as is often the case whenever an any asset breaks above a key trendline like this for the 1st...
Shortly after the futures market opened, gold reached our long-time-awaited price target of $2,300 and established a new all-time high at $2,305 before retreating slightly lower. We continue to be bullish on gold in the long term and believe it can reach significantly higher price tags ($2,500 and higher) due to future rate cuts, sticky inflation, and a weak U.S....
WTI oil (XTI/USD) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 85.20 1st Support: 83.52 1st Resistance: 86.89 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2345, which is an overlap resistance that aligns with the 61.8% Fibo retracement. Our take profit will be at 2327, an overlap support level. The stop loss will be placed at 2362, which is a swing-high resistance level. High Risk Investment Warning Trading...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 12364, which is a pullback support that closes to the 50% Fibo retracement. Our take profit will be at 2395, which is a swing-high resistance level. The stop loss will be placed at 2327, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs...
Bullish fundamentals are potentially setting up 'higher-for-longer' oil prices. I think we might see a retrace down to the trend-line area given how far we have extended. Although, in any case be ready to jump on a bullish move. If we start creating downtrend structure then sentiment might have shifted, noting US / EURO growth rates / interest rates are also...
Here on gold price has made a reversal showing that the seller has step in so going for SHORT is needed and targeting profits at level of 2373.04
XAUUSD is still in an uptrend at the 2395 level if the price cannot break through. It is expected that in the short term the price will go down. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
"Leading Manufacturers and exporters of Bright Bars, fasteners, HB wires , Annealed Wires , Binding Wires , Galvanised Wires , Chain Link Fencing , Barbed Wires , Nails , foundation bolts" spot 9.46 expect 13 inr in A QUARTER FROM NOW ADD UPTO 8.80 DATE 12 APRIL 2024
Key metrics being overlooked imo #Bitcoin VS #Gold ETF buyers eyes Gold and stall on BTC buys Last TVC:XAU 2020 top month was a bullish breakout month for CRYPTOCAP:BTC Would they run together this cycle ? or BTC picks up when Gold stops #BitcoinHalving2024 AMEX:GLD AMEX:IAU CRYPTOCAP:ETH #Inflation
Today's gold price is following a specific wave pattern, experiencing a dip due to the US CPI index from yesterday. Despite geopolitical risks typically benefiting XAU/USD as a safe haven, the rising US dollar could cap further gains. Yet, the short-term downside risk remains. Gold is likely to retest the $2,305 area as per the pattern before a potential uptrend resumes.
hello everyone, currently gold is moving smoothly in an uptrend direction, the price is bullish so it's best to see the price action in 15min timeframe... currently it's just doing a minor correction for 1hr tf... price is still very bullish from weekly to 4hr timeframe... try getting low as possible good luck..
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 85.03 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 83.60 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at...
Not much to say here other than we're overextending to two MASSIVE resistance numbers, which break down into multiple short term resistance lines, which all occur in the marked zone. Unless gold decides to really take off because of the UFO's, then I'd say, the marked sell zone will be around a top. How far does it fall? no clue, but trends and retracement...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 12 April 2024 Trade Idea 1 BUY LIMIT Order: $2351.75 Stop Loss: $2325.49 Take Profit 1: $2377.76 Take Profit 2: $2391.90 Trade Idea 2 BUY LIMIT Order: $2345.61 Stop Loss: $2325.49 Take Profit 1: $2377.76 Take...
Due to the clearing of sellers in the local area, the price of oil at $14 is ready to rise again to this area and register a new ETH. "Beta version whale"
Gold at all time high with Ascending triangle Triangle shape with horizontal top, up sloping bottom. Breakout is upward