Preferred direction: SELL Comment: The price of the currency pair is once again testing the level of 1.05700, in addition, the market is awaiting data on retail trading. Most likely, against the background of this, the currency pair will make a small jump above current prices, and then slide back down to the level. The target for the fall can be considered at...
Hello,Traders! . . . . . XAGUSD (Silver) is trading in a downtrend on the daily and sitting right below the 50 MA. After the recent decline and consecutive rejection at 20.73, price has been pushing upward in an impulse, correction phase. It is currently rejecting the 32% fib after the impulse rise from 21.77. All signs are pointing to more upside at the...
The conflict may escalate further, and Iran warned Israel not to expand the situation, otherwise it will join the war. Once Iran joins the war, oil prices will skyrocket. Last week, due to the conflict, oil prices rose to close at 87.72. On Monday today, the opening momentum of oil prices has slowed down. On the one hand, it is due to some profit-taking. On the...
On the senior timeframe we see a stop after a strong distribution. This may last until the price breaks the resistance of 1929. At this point, consolidation and a retest of resistance is forming TA on the high timeframe: 1) The bullish trend is strong 2) The area of 1929-1932 stops us from further growth. TA on the low timeframe: 1) Price is consolidating....
WTI Oil (USOIL) got heavily rejected following our sell signal (see chart below) earlier this month (October 02) after failing to close above the 12-month Double Top: This long-term bearish trade is still valid but on the short-term (4H time-frame) we see another sell opportunity in the making. The Channel Up that is emerging after the price got rejected on...
hello everyone, The gold price is facing noticeable negative pressure to attack the 1913.15 level, which requires attention in the upcoming trading, as continuing the decline and confirming the break of this level will stop the positive scenario suggested in the morning and put the price under negative pressure during the coming sessions, while the price needs to...
The gold price is facing noticeable negative pressure to attack the 1913 level, which requires attention in the upcoming trading, as continuing the decline and confirming the break of this level will stop the positive scenario suggested in the morning and put the price under negative pressure during the coming sessions, while the price needs to consolidate above...
Hello everyone, The silver price is showing noticeable positive trading to approach our expected target of 22.71, and we remind you that exceeding this level will lead the price to achieve additional positive targets of up to 22.96in the near term. Pivot Price:22.71 Resistance Price: 22.96 & 23.14 & 23.38 support price: 22.21 & 21.95 & 21.71 The general...
OANDA:XAUUSD continues to form consolidation in the range between 1928.8 - 1914.2. In the near future resistance may be tested, the price reaction to this level will determine the future direction of the price Since the price is in the key range of 1928 - 1914, there is a probability of price bounce from the resistance. Further growth may continue after the...
Pair : Crude Oil Description : Completed " 123 " Impulsive Wave. Bullish Channel as an Correction after Impulse , It has completed " abc " and Rejection from the Upper Trend Line with Strong Bearish Price Action if it Breaks the Lower Trend Line then Sell Entry Precaution : Wait until it Breaks or Rejects Trend Lines
💬 Description: And shorts of gold are still being considered. The approach to 1885 creates a promising short trade. However, today we expect inflation data, which may make some adjustments. In this case, one should not be afraid to re-enter, or one can consider entering using pending sell orders, placing them below and above the market price before the release...
XAUUSD D1 Little tedious from gold at the moment, but that is very much the case with a lot of our setups. If we start to see the DXY fall of and reverse trend, this will certainly set the tone and bias for the next handful of weeks. As we sit on a break/retest and possible pivot. We just need to sit patiently and wait for zones to approach and alerts to trigger.
In this video we undertake a comprehensive analysis of GOLD. XAUUSD has conspicuously exhibited a robust downtrend, notably observable on the weekly timeframe. It experienced a substantial selloff followed by a marked retracement to its initial point of origin. Given the magnitude of these price movements, we anticipate further market volatility. Within the...
Hello dear traders! Upon observing the D1 chart, we can see that a downtrend channel is currently in operation, and gold is still showing positive development this week with a high price of $1883. However, it has not yet broken out of the extended downtrend. With an expected increase reaching 1912, it will be rejected on the downtrend channel and subsequently...
Hello traders! If the price breaks the neckline, then there is a movement at the level (1.0790). But be careful! A movement occurs if the price breaks the level (1.0450) for a discount to the level (1.0320). Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello traders! In my opinion, the pair is at the consolidation level. You should wait for a break of the level (1929.30) for an ascent to the level (1966.00). But be careful! A movement occurs if the price breaks the level (1907.00) for a discount to the level (1820.00). Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY...
Looking Good! Nice ROI Not difficult and great for your CHRISTMAS GIFTS!!!
Gold (XAUUSD) could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 1903.16 Why we like it: There is a pullback support level that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1885.02 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci...