Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking above the $2100 resistance, XAUUSD surged by 5%. How high can Gold climb? The marked red circle represents a significant resistance and overbought zone as it marks the intersection of: 1- $2250 round number. 2- Upper red trendline from weekly. 3- Upper...
Gold broke an important ceiling in the weekly time and started a strong upward trend. Now we have the resistance of 2200 in front of us, which is expected to be tested again and then it will move towards 2150 and suffer there for a while and after testing the swap zone once or twice, it will start moving towards higher targets. We expect to see the number 2320 in...
New uranium find has pushed Canalaska up 50% in a day. Wow! Downward trend channel formed in April 2021 and almost 3 years later it has broken out, pulled back and now rocketed with volume. 0.85 therefore seems achievable and 1.54 all time high could also be possible. As ever, this is not a solicitation to trade. Do your own research and you decide all aspects...
As We Talked in The Previous Analysis: The XAUUSD Reached a 0.6 Fibonacci Retracement Level. The Price Formed a Triple TOP Pattern. Currently, The Neckline is Broken. So, I Predict a Bearish Move📉 TARGET: 2006.600🎯
Looking at the technical picture of EASYMARKETS:XAUUSD on our 4-hour chart, we can see that after a brief visit of the area below the psychological $2000 mark, the commodity is now struggling to find it's next near-term direction. This is because it had approached a short-term downside resistance line drawn from the highest point of December. In order to...
Oil moving very smooth in our predicted direction! While it'll be a loss for majority of the public who suffer from higher Oil prices, we'll be profiting as we've managed to get in on the right side of the market📈 Buyers still holding strong, making sellers fail in taking out the previous Wave 4 low. GET INTO LONG TERM OIL POSITIONS NOW!
hello guys... as you can see, two head and shoulders patterns happened, the first one experienced a weak breakdown so we cannot count on it! the second one is a slope pattern so we should wait until the price breaks down strongly! then we can get a short position with these targets: target1: 1996.4$ target2: 1981.7$ ______________________ always do your...
Crude oil made only three waves up over the last few weeks, which indicates for an A-B-C correction within downtrend. It actually retraced into golden 61,8% Fibo. and 80.00 area from where market turned down and now pointing lower, possibly back to the 2023 lows if the channel is broken. So, energy can see more weakness as latest latest 4h structure looks bearish...
Crude Oil prices are still extremely undervalued. We've been seeing buying accumulation happen for majority of 2023. We've just seen ANOTHER 17% bullish rejection from our demand zone. Buyers still holding strong in 2024.
Given the mounting anger and protests by farmers across Europe, there appears to be a significant challenge stemming from contradictory and potentially detrimental agricultural policies. The grievances include increased costs for agricultural diesel, additional fees for water consumption, complex regulations, and objections to bans on pesticides and herbicides...
Given the mounting anger and protests by farmers across Europe, there appears to be a significant challenge stemming from contradictory and potentially detrimental agricultural policies. The grievances include increased costs for agricultural diesel, additional fees for water consumption, complex regulations, and objections to bans on pesticides and herbicides...
Looking at the short-term technical picture of EASYMARKETS:BRTUSD on our 4-hour chart, we can see that the price is approaching a key resistance area, around the 81.50 hurdle, which is marked near the highest point of December 2023. At the same time, the price remains well above a short-term upside support line drawn from the lowest point of December. Although...
Gold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 2,039.27 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci level Stop Loss: 2,063.96 Why we like it: There is a swing-high resistance that sits above the 100.0% Fibonacci projection...
xau is bearish in HTF and rejected from a seller POI .and building liquidity below the OB .if it wants to fall from the current point then it should first clear the current liquidity and again retest the lower 15M OB . And in case if it reaches to the top OB prefer high rejection from it.and go for short. if it shows bullish momentum then the setup is invalid. #AQURISHA
Hi Traders ! On The Daily Time Frame, The XAUUSD Formed a Descending Triangle. The Price Broke The Support Level (2013.702 - 2021.000). This Key Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉. I'm Waiting For Retest... ________ TARGET: 1983.000🎯
Copper is very close to losing criyical support. If this daily chart trendline breaks, there is a big move down into the next support. Copper Equity stocks are already teing us aa likely breakdown in the commodity is coming. Is this base metal signaling weaker economic demand & growth?
Although recently we saw a price rebound in EASYMARKETS:XAGUSD , still, the commodity remains below our 200-day EMA and a short-term downside resistance line drawn from the high of December 3rd. That said, in order to continue aiming lower, a break below the 22.51 hurdle, marked near the lows of December 13th and January 11th, would be needed. Until then, we will...
Supercycle - a term which is gaining popularity these days, applies to commodities. Basically what happens is surge in demand, which current supply struggles to cover, causes prices to sky-rocket from being under-valued to highly over-valued. In my opinion Bitcoin and its' four-year cycle is the best example. The main event of the cycle is halving (halving the...