Hey Everyone, This is the DAILY CHART idea that we have been tracking for a few months now and still playing out perfectly! We have completed all our Bullish targets all the way into 1987 and now testing weighted resistance. We stated a close above 1987 will see the range above open into 2026 for a challenge. We now have a close above 1987 leaving a gap to...
Hey Everyone, Please see our monthly chart update, which we have been tracking for a while now. This has been playing out perfectly allowing us to use the smaller timeframes to pick the entries and exits. Please review the previous updates below to keep you all in the loop on how this chart idea has been tracking since posting. Current update - We are seeing...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Gold has broken a resistance line that is dotted red and is looking for higher moves I expect a inverse H&S along this red dotted line and then continuation higher into the supposed channel. 4Hr Chart
MY analysis on GOLDUSD this could take a year or so to actualize. However, this is what I see price doing anytime soon.
Both fundamental and technical analysis show that gold has a chance to reach an all-time high in the coming weeks.
WTI Crude Oil formed a double bottom formation after a test of a solid rising trend line on a daily. Its neckline was broken this week. The broken neckline and a trend line compose a contracting demand zone now. A bullish continuation will be expected to 93.7 level from that. ❤️Please, support my work with like, thank you!❤️
Gold (XAUUSD) is having an remarkable 3 week rally after a technically flawless hit-and-rebound on the 1W MA200 (orange trend-line) on the week of October 02. Obviously, this rally has been stretched by the geopolitical unrest in Middle East and isn't purely technical on its full range, but besides the small fundamental correction we should see once peace is...
Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no...
Gold price is now targeting the bearish order block above 2030. If gold is rejected, then price may fall to retest 1960 level before another strong rally to create a new high! 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...
Dear friends, during last week's trading session, we witnessed the Gold market surpassing the psychological resistance level of $2000, just as expected. Investors sought to protect their assets as uncertainties in the Middle East continued to unfold. At the time of writing this article, the price temporarily halted at $2006. Overall, there has been a relatively...
This week will be a very tricky one. My long term bias is still bullish but I am very cautious about the current price and we will see why later. In my opinion it is too high to buy and too bullish to sell. The last few days of the month are very manipulated, so the price could move very strangely. Banks may use the NFP to take profits and create a bearish...
Equity continues to trade heavily, and while we are getting to a point of extreme fear, the price action, and the bearish momentum in EU, AUS200 and US equity indices, suggest this is still a sellers’ market. While we have some big catalysts due this week, I still think we must navigate a passage of darkness before we see light in this tunnel. The geopolitical...
This is a risky analysis and my expectations are very low But I wanted to share with you
Bullish setups galore with one more low possible before the bigger move up. Worth watching all of these for a long term (swing) trade.
USOIL New forecast The price of oil traded with noticeable negativity in the past sessions, and the day begins with an additional decline to break the support of the main ascending channel followed by the 88.30 level, which provides indications that the price is heading to return to the downward corrective path again, but we note that the technical indicators...
Dear valued comrades, Gold prices today are trading calmly with slight fluctuations. However, this precious metal has escaped from the downward trend that caused prices to decline recently. At the time of writing this article, the gold market is trading at $1975. A downward trend has formed, so gold may experience a slight decline before continuing its upward...