H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed further highs where we continue to trade within a fractal high and internal low. New high has meant location of ChoCH has been brought closer to current price. As mentioned on 22/03/2024, Intraday...
I haven't posted on TV since Dec 2022 as I've been posting elsewhere (check my profile) but I'll begin duplicating some of my calls here and continue if I gather a decent audience here I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money Some very notable calls in...
Strong support (major pivot) and bullish technical indicators.
Gold opened Tuesday's session with a surge to a new high, but as of the time of writing, the precious metal is experiencing a slight loss of momentum. A short-term analysis reveals a potential Double Top formation with RSI divergence, suggesting a looming reversal in price. On the USD front, business activity in the United States surged in March, as indicated by...
Based on my analysis of the USOIL market, it seems that the trend is still strong and there is a consistent demand for buying. In order to avoid losing your money, I would recommend focusing on buying deals only. You should wait for the price to return to the support level, and even if it reverses, you should still consider buying. Remember to always follow the...
Exxon Mobil with ticker XOM is back in the uptrend after a completed (A)-(B)-(C) irregular flat correction for wave 4. It's in strong rally away from projected support for wave 4, so wave 5 can be now in progress, which should be completed by a five-wave cycle of the lower degree. It can easily send the price towards all-time highs, just be aware of subwave (4)...
By checking the gold chart in the 1-hour time frame, we can see that the price was able to correct up to $2228 last day, and then it started to grow again, and now gold is trading in the supply range of $2256! Note that the only supply level in front of the price is $2256 to $2266 and we may have a negative reaction to this level again! If the price starts to...
In the early hours of Monday's Asian trading, gold prices (XAU/USD) surged to unprecedented heights, flirting with £2,250 per troy ounce. This surge was driven by a blend of factors: prospects of a Federal Reserve (Fed) policy shift in the latter part of 2024, simmering tensions in the Middle East, and upbeat sentiments surrounding China's economic...
Hello,Friends! The BB upper band is nearby so GOLD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2201.270. ✅LIKE AND COMMENT MY IDEAS✅
Broadening Formation (Vuvuzela) and W Formation is forming on AngloPlats. We are seeing synergy with the upside with the platinum price and platinum stocks. I guess no suprise knowing they work in tandem with each other. Also, there is a good chanc eof upside with the price above both: Price>20 and Price>200 Wait for break above the necklines and we could...
XAGUSD price is in the correction period at the support zone 24.76-24.48. If the price cannot break through the 24.48 level, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Box Formation and W Formation is showing on the Daily chart of PLatinum. We do need the price to close above the neckline of both patterns to really confirm upside to come. So far the MAs are also confirming a bullish inclination along with the rising uptrend. Price >20 and crossing 200MA Bullish bias Target $1,132 Let's drill into the fundamentals for the...
NATURAL GAS - WEEKLY - READY FOR A BREAKOUT? TF-WEEKLY. More bullish after breakout and confirmation.
The news is likely to boost oil prices. Geopolitical factors have affected oil reserve inventories. Oil inventories this week will be significantly lower than expected. leading to increased market demand In terms of trend, there is a certain degree of over-rising behavior in the market, but the trend is still a bullish trend. If the price falls back to the low...
and Yet this move is far from over My final log target is still 8000 points away. We are witnessing #Fiat melt away in front of our eyes. Are you actually making money is the real question? #gold #silver #bitcoin
Preferred direction: SELL Comment: For the Swiss franc , we continue to follow the buy-priority. Scenario №1 , which we previously published, is already in progress, however, the strengthening of the US dollar at the beginning of this week will most likely lead to the activation of scenario №2 . We also assumed this, and given the fact that the franc is...
Preferred direction: BUY Comment: The New Zealand dollar almost completely copies the situation with the Australian dollar . Here, we also continue to adhere to buy-priority in the medium term. It should be noted that both of these currencies are currently having the best setup for buy among others majors, but even this does not exclude potential short-term...
Preferred direction: SELL Comment: The week for gold begins with another update to its historical maximum. At the moment, the market is witnessing a climax of buying, against which a downward reversal can be expected. The approximate reversal area is located at the level of 2300 . According to scenario №1 , a movement towards this level is expected before...