Hello Traders , Upon reviewing the EUR/USD chart in the 2-hour timeframe, we observe that the price was able to rise to 1.075 and then underwent a correction, penetrating below 1.0678. Consequently, after a liquidity collection, it encountered demand again! The upcoming supply zone ranges from 1.07260 to 1.07530, and we can monitor the price reaction within this...
By checking the GBPUSD chart, we can see that the price started to fall from the range of 1.257 and was able to correct up to 1.247 and it brought us about 100 pips of profit! Now I expect the price to move up first and then we will probably see a further drop in the price! Please support me with your likes and comments to motivate me to share more analysis...
Hello Traders , Upon reviewing the gold chart in the 2-hour timeframe, we observe that, as per our primary analysis and expectations, the decline continued and managed to correct down to $2281! As we had marked on the chart two weeks ago, the range of $2268 to $2284 was an important demand zone where we expected the price to show a positive reaction after reaching...
Bullish Divergence... Across all the time frames. There's never been an easier trade! The Silver Bullet won't let you down!
Gold has rebounded every time it fell recently, and the market has not reversed. Gold can be bought directly at 2335 in the US session. The previous article also directly and publicly suggested that longs enter the market. Today, the Asian session opens, and we need to improve our thinking. It is expected that the upper breakthrough position will be around 2353,...
Today, gold provides a layout idea of shorting first. Short gold near 2289, reduce positions and take profits near 2283. After breaking 2290, go long gold at 2291 and take profits at 2300. At present, gold has rebounded and corrected. After waiting for the news to be released, short gold at high levels will be the main focus!
hello guys... as you can see the descending channel formed and the flip area is in front of the price! the price touched the middle line of the channel as well! I believe you can enter the position after retracement! the target could be 2226$! the flip area is a great area for getting long positions too! ___________________________ ✓✓✓ always do your...
I just broke down the anlysis on gold for those who don't like to watch video this is a quick recap. Gold market cycle 2020 --> Gold repeated the same move with curved formation, before a massive drop --> Gold was at its all-time high at 2020 similar to now --> Gold has reaccumulation phase in 2020 similar like what is happening with the third leg formation...
Wednesday we saw Crude make a nice substantial move downwards as the previous forecasts have shown. A large range day isnt normally followed by another day with a extremely large range and you can think of it like a runner running 800meters and couples minutes later having to run another race shortly after... energy needs to be recouped. I am staying bearish and...
Price was below the 200MA which is RED MACD cross above the 0 line Short term moving averages are RED Entry on the close of the hour candle with SL at the previous high and TP at the lows. Currently running in the region on 190 but pushed to near 300 pips.
So this are my 2020 analysis on gold hope you also watch them it will help you understand my perspective on the market!! 2020 chart analysis More pattern repeating
Falling Wedge / Bull Flag... 200 MA on 4 hr holding. Bull Divergence on multiple indicators and time frames. I would not be selling or throwing in the towel. Adding is the way.
🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ) 🟡. 🌊According to the theory of Elliott waves , Gold seems to be completing corrective waves in the 15-minute time frame . The structure of the corrective waves is Zigzag(ABC) . 🔔I expect Gold to Go Up to at least the Resistance line and 🎯 Targets 🎯 I've identified on the chart. Gold Analyze (...
During FOMC yesterday we saw news push Gold prices up as manipulation. Then overnight during Asian session we saw Gold prices move back down again, taking out those who bought during news. Our sell position now running 1,330 PIPS in profit!
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
Hello everyone, WTI Oil 4H NEW FORECAST The price of oil begins today's trading with noticeable negativity, breaking the 83.90 level and settling below it, heading towards a new bearish correction during the coming sessions, targeting the 82.88 areas as the next main stop. Therefore, a bearish bias will be likely for today unless the 83.90 level is breached and...
Hello,Friends! Previous week’s red candle means that for us the GOLD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2343.979. ✅LIKE AND COMMENT MY IDEAS✅
I would say that the month of April was very weak for Gold. Even though the market updated the ATH and we saw quite a strong rally at the beginning of the month, bulls quite quickly lost the momentum. We can even conclude that the rally finally stopped and the market started to consolidate within a horizontal range. For the last 10 days we see a steady shift...