Here is my latest structure analysis and important key levels to watch on Gold. Resistance 1: 2350 - 2357 area Resistance 2: 2390 - 2405 area Support 1: 2300 - 2305 area Support 2: 2250 - 2280 area Support 3: 2194 - 2222 area Support 4: 2145 - 2155 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Technicals Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579. On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to...
Crude oil market analysis Crude oil bulls have been, did not stop, although the extent of the rise is not too large, has been in the sideways slow rise, but the shape and indicators look at the size of the trend is all bullish, today back to 84.80 to consider continuing to more, the short-term strength of the water rose near 84.10, this position does not break...
Crude oil market analysis Yesterday, we laid out more than 85.50 crude oil single meat, today we continue to find more single opportunities, 85.50 today is also the opportunity for long to get on the car, crude oil short-term to see that it has the need to repair, back can continue to layout, now the size of the trend of crude oil is all bullish, short-term back...
Technical analysis of gold: Key resistance: 2185 - 2189 and 2207 - 2212 Key support: 2176 - 2179 If the resistance is broken, we can expect a strong upward trend towards 2200 and 2212. 📈
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Oil is as I predicted, with a strong upward momentum. If you buy at the support point, you will also make good profits. Oil reached a maximum of around 87.2. I previously thought that there would be a need for adjustment when oil reached 87, so I am cautious about buying now. Join me, I will analyze in detail how to trade and improve your success rate
FX:XAUUSD has been reaching 2354 since the opening of the session amid strong excitement. The price is leaving the trend boundaries and continues to form new bullish ranges. Strong bullish trend is realized on the background of important geopolitical news, related to the crisis in the Middle East, Eastern Europe, as well as a huge interest in hedge gold....
Daily resistance is 85.5-88, support below is 82.6 Four-hour resistance is 85.5-86.5, support below is 84.2-83.5 Crude oil operation advice: Yesterday, crude oil also reached a new high, and the price also began to fall around 85.5. The overall trend above is in line with expectations. From the daily level analysis, the current big support below is around 82.6,...
Hello dear friends! In general, gold prices today continued their upward trend, peaking at 2,354 USD/ounce before falling slightly to 2,335 USD/ounce at the time of writing, recording a decrease of 0.25% on the day. Despite facing traditional "headwinds", gold still rose 5% last week, reflecting concerns about global tensions. Gold is now considered a global...
It seems that gold is not going to form bigger retracement. I expect slowly bullish continuation until CPI. There are a lot of fundamental reasons for gold to fly, so will be lucky when gold come back for a good swing trade.
Today's focus: USDCAD Pattern – Heavy Resistance Support – 1.3514, 1.3454 Resistance – 1.3602 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDCAD daily. What are we discussing and asking today after looking at USDCAD? Will current heavy resistance contnue to block buyers? Does price have enough momentum in its current bull...
✅SILVER is trading in a Strong uptrend and the Metal is now above the Key level of 27.00$ which Is now a support so we Are bullish biased and We will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Gold price today April 8, 2024 on the world market increased dramatically, reaching a new record level of nearly 2,342 USD/ounce after adjusting downward in the morning. Gold prices set a record thanks to high trading volume after US Federal Reserve Chairman Jerome Powell emphasized that recent data will not change the overall economic situation. The US economy...
XAUUSDis rising toward the pivot point and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level that lines up with the 127.2% Fibonacci extensions Pivot: 2348 Support: 2327 Resistance: 2363 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
OANDA:XAUUSD continues to make new all-time highs, while Federal Reserve Chairman Jerome Powell has reiterated that recent job growth data and higher-than-expected inflation data will not materially change the the general situation of economic policy this year (the Fed is expected to start its interest rate cutting cycle in June). Fed Jerome Powell Powell...
Gold price today (April 9), the world market reversed and increased sharply again compared to the previous trading session. Rising demand and high expectations of investors have pushed gold prices up despite positive economic developments. A series of positive US economic information shows signs that the world's No. 1 economy is recovering well. Therefore, the...
XAUUSD has reacted off the pivot that lines up with the 78.6% Fibonacci projection and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2353.87 Support: 2330.47 Resistance:2372.98 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...