COPPER HG HG1 Like last week, just more confusing Gann fan forming maybe? Price might Fakeout and bounce again. #Patience and wait for a sign. If I had to bet now I would say Long but - again - let's wait for a clearer view.
COPPER HG HG1 Like last week, just more confusing Gann fan forming maybe? Price might Fakeout and bounce again. #Patience and wait for a sign. If I had to bet now I would say Long but - again - let's wait for a clearer view.
Gold sees to be forming a Flag pattern or a double bottom, but my bets are on flag pattern as volume seems to be decreasing, also, the 100 Moving Average is providing support while the 200 Moving Average is providing resistance.So, short for now.
Copper HG1! has been trading in a channel lately, and in a couple of trades we profited by the bounce on the descending trendline (magenta in the chart). Indicators look still quite bearish while the triangle pattern might suggest a continuation pattern high as I think it will go this direction but let's wait for confirmation. Be ready for action!
Copper has been trading in a channel lately, and in a couple of trades we profited by the bounce on the descending trendline (magenta in the chart). Indicators look still quite bearish while the triangle pattern might suggest a continuation pattern high as I think it will go this direction but let's wait for confirmation. Be ready for action!
CC2! Cocoa on the same support hit on 2008 and not broken since. The next days will be decisive to see if a big move will be made.
CC2! Cocoa on the same support hit on 2008 and not broken since. The next days will be decisive to see if a big move will be made.
Coffee is already almost hitting the trendline formed on the Daily chart. It broke the 4-hourly trendline some days ago so a bit of extra caution is needed; however, the Risk-Reward-Ratio looks quite promising. Watch for the opening of the next 4H chart!
Coffee is already almost hitting the trendline formed on the Daily chart. It broke the 4-hourly trendline some days ago so a bit of extra caution is needed; however, the Risk-Reward-Ratio looks quite promising. Watch for the opening of the next 4H chart!
XAGUSD has been consistently growing on the Weekly timeframe: We closed last week with an indecision bar; however, the fundamentals should point higher and the Daily timeframe is still on an upward trend, so this might be a physiological retracement. Let's see where the 4-hour chart brings this moment of indecision to see a clearer direction, which could make...
XAGUSD has been consistently growing on the Weekly timeframe: We closed last week with an indecision bar; however, the fundamentals should point higher and the Daily timeframe is still on an upward trend, so this might be a physiological retracement. Let's see where the 4-hour chart brings this moment of indecision to see a clearer direction, which could make...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive 4XSetUps for next wee - friday close (32 Commodities) drive.google.com Best regards :) Aaron
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive 4XSetUps for next wee - friday close (32 Commodities) drive.google.com Best regards :) Aaron
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive 4XSetUps for next wee - friday close (32 Commodities) drive.google.com Best regards :) Aaron
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive 4XSetUps for next wee - friday close (32 Commodities) drive.google.com Best regards :) Aaron
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Closings Bearish (32 Commodities) drive.google.com Best regards :) Aaron
The anticipated bounce from the USD1123.50 (76.4%) retracement of the December-July rally is unfolding, with Gold prices now approaching USD1200 as oversold studies begin to stabilise. A push above here is looked for, as investors sentiment gradually improves, but the USD1300 break level is expected to prove difficult to reach, as the Tension Indicator (not...
GLD held the broken trendline and the $110 level. The price action at these levels does not jump off the screen at me, meaning it looks shaky IMO. I would not be surprised if we revisit $100. I still believe the long-term R/R is to the upside from these levels. I will be looking to buy dips b/w 100-110. I would stop out under 100. Let's breakdown the R/R....