Hello dear friends! Gold prices today continue to trade quietly with minimal fluctuations, as this precious metal remains sideways around the $1975 range, and there is still limited information regarding future trends. However, it is not because the upward momentum of gold has ceased, but rather the market needs to consolidate above the resistance level of $1985...
Hello dear friends! The price of gold is continuing to approach the $2000 mark today, with the precious metal currently trading at $1991, marking an increase of nearly $12 for the day. However, the psychological barrier of $2000 still remains a strong resistance level. Karina's trading idea is to set a sell order when gold reaches this resistance level. The...
It's been quite an eventful journey these past couple of weeks. On October 2nd, I shared my trading setups for Gold and Nasdaq100, and it's been an interesting ride ever since. Gold, although a relatively fast-moving pair, and Nasdaq100, which has its fair share of consolidations, have given me plenty to talk about. In this video, I want to share why I took these...
If we can maintain price action here, we can expect gold to push higher after forming this support.
The December Crude oil contract has endured a precipitous drop in the past three trading sessions - falling nearly $7 per barrel. Is this just a correction? Are we in the midst of a trend change? The Bullish Case: Crude gapped higher on Monday, October 9th, following the start of the conflict between Hammas and Israel, and the geopolitical risk surrounding...
The price had a bullish reaction after collecting liquidity below the major low and after that changed the market structure to the bullish. Now we can expect that the price will collect liquidity under the previous low and then start the upward move. 💡Wait for the update! 🗓24/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
According to the market structure, we can expect that the identified bullish order block work as a support and push the price higher. Please pay attention, we need an LTF confirmation for the execution. 💡Wait for the update! 🗓26/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
PMI readings (services and manufacturing are in an uptrend Stocks and Gold are in line with current PMI readings (e.g. services PMI) Commodities (WTI/Oil) and Crypto are lagging behind and may catch up to current PMI readings YoY%-Changes of all assets are shown in the following chart: Disclaimer: this is not investment advice. You are responsible for...
By re-examining gold in the 12-hour time frame, we can see that the price on Friday was accompanied by heavy buying pressure with the announcement of Israel's ground attack on Gaza (Hamas) and considering that gold is a popular and low-risk asset in war conditions. It is considered to have created this amount of demand in the price! The important thing that...
Daily/4h/1h time frames analysis for Gold. Price action & important key levels. Potential scenarios. Detailed trading plan. ❤️Please, support my work with like, thank you!❤️
Crude oil 85.5 support line to earn the pressure line, we rely on this pressure level to continuously short the harvest of nearly 20 points of profit, the subsequent recommendation to end the short order, withdraw to 82.5-83 to convert long! If you are confused about trading, please join me, I believe you will have a great harvest!
In this watchlist, we look at Gold and Oil, US30, US100 and US500.
Hello Traders, Base on technical and wave analysis we see this scenario for #Silver for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Pair : Copper - CU Description : Completed " 123 " Impulsive Waves and it will make its " 4th " Wave at Fibonacci Level - 38.20% / 50.00%. Rising Wedge as an Corrective Pattern in Short Time Frame and Formed " wxyx " Corrective Wave and will make its " z " wave at Daily Descending Trend Line Entry Precautions : Wait until it Breaks UTL / LTL and Retest
Hello Traders, Base on technical and wave analysis we see this scenario for #Gold for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Perfect Entry Perfect exit early Warning But good Traders also have good profit Taking sense of the market.And they have no EGO. Ig they are wrong they take the loss. Immediately. They have the perfect money mangement discipline. And they stay out.
Hello traders, The recent gold price trades are confined within a descending secondary channel, which we believe constitutes a bullish continuation flag pattern, as shown in the chart,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as...