What should we do next week after gold prices jumped $46? ! It’s simple, go with the trend and go long. As the saying goes, when things go up, they don't reach the top, and when things go down, they don't reach the bottom. Look big or small, take advantage of the trend and take a short position➕Stop loss! Under the volatile situation, gold prices hit a new...
After completing the long strategy of 82.7-85, the market adjusted as expected. Judging from the trend, the current adjustment is not over yet. The position I can see is around 83-82.8, which is a better entry point. . As shown in the figure: the trading strategy can be short first and then long, and the short target is around 83-83.2. Then go long around 83,...
Currently, 2300 is around the corner, and the highest gold price is around 2288. From the minute and hourly lines, 2285-2288 is the short-term pressure level, but as mentioned before, the top was not mentioned during the period. Ascending, which means I can't be sure here. It will become a top because the trend has not yet formed a top form, so it can only be...
Gold began to rebound after falling back to around 2230 at the beginning of the week and is currently back around 2260. Judging from the trend of bulls this week, the upper space is still looking towards 2300, which is likely to be the high point hit this week. Trading idea: Adjust and stabilize around 2230 at the beginning of the week, and you can go long...
From a trend perspective, oil prices have limited fluctuations and have maintained their recent gains. Market expectations + production cuts will lead to tight supply, and Russian refineries were attacked. Affected by geopolitical policies, crude oil broke through the previous high and continued to rise. The overall trend is bullish and the pullback continues to...
On the negative side, sources said that + next week’s meeting is unlikely to make any changes to oil output policy, and the latest data showed that API crude oil inventories increased by 9.337 million barrels, which has revived demand concerns. From a technical point of view, crude oil is trading sideways, and you can sell high and buy low. as the picture...
Gold began to rebound after a slight correction, but the decline did not meet expectations. However, judging from the trend, it still continues to fluctuate in a range, but several trading points are relatively clear. As shown in the figure, 2195 is still used as the dividing point, and 2200-2205 above is the pressure level, which can be shorted. In this way,...
Judging from the current prime time chart: There is indeed suppression near 2195, but can it be shorted? Is it worth going short? This is what we should consider. From a trend perspective, gold is still in a bullish trend overall. Shorting requires a certain amount of courage and sufficient ability. As can be seen from the figure, the current trend is divided...
Gold fell today after encountering resistance near the previous high, and then found support near the upper edge of the previous shock box. It is currently oscillating within a narrow range. From the 1h chart, we can see that the resistance is now back near the upper edge of the box at 2185. At the same time, the MACD indicator has now formed a dead cross, but...
In the past two days, gold has been in a narrow range of fluctuations. In the short term, the trend is indeed not obvious, and both long and short are entangled. Then we can analyze the trend of gold from the side of the US dollar index: The obvious five-wave rise in the U.S. dollar is over. According to the wave theory, it is basically a five-wave + three-wave...
Hello traders around the world. My name is Alexandre Karim. Today we will be talking about NZDCAD double long position. I already posted my analysis on 9 March showing you the long position scenario. Lets talk abou the first position on NZDCAD which was a descending channel / falling wedge on the daily lower TL. The entry was at the breakout of the pattern...
After a prolonged downward trend, AUDUSD has returned to a stable market, showing signs of bottoming out. I plan to initiate a light long position on AUDUSD, adding on dips, and will reap a decent profit if a bottom forms. My personal trade recommendation: Enter a long position near 0.67000-0.67050, with the first profit target at 0.67800, second at 0.68500, and...
The USDCHF is trending down on the daily time-frame, when we drop down to the 4hr chart, we notice the retracement in a form of counter-trend. Now the structure on the counter trend has broken i.e. price broke the last low which by my strategy indicates the end of the counter-trend. To place a trade I wait for the price to pullback to my preferred sell zone which...
sell from sell stacked imbalance.. from 3min.. conformation . xauusd short..
GBP/USD went up after a breakout and I expected to see the retest as I mentioned in my previous analysis. Retest occurred and I saw opportunity to sell. Trade ended good for us and we caught +89 pips. Now, its likely to see some bullish pressure.
After a big pump of this pair is time to go down! Let's see!
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/JPY ⚪ Technical Analysis : Since the beginning of January 2021, the price has been following an interesting trendline,...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions