SHIB/USD (ShibaInu) has increased by 224.19% in total since I gave you this call. Now, it's forming a potential bull flag and gearing up for another rally. There's a good chance we'll see another surge after a breakout. Keep an eye on this channel!
Why would Gold prices go down? Sticky Inflation: Sticky inflation refers to a situation where prices do not adjust quickly to changes in supply and demand or changes in the broader economy. In this context, if inflation remains persistently high despite efforts by the Federal Reserve (the Fed) to control it through interest rate adjustments, it could be...
Intel Corp., ( NASDAQ:INTC ) the biggest maker of personal computer processors, Plummeted by over 13% the most in almost four years on Friday Market trading after giving a weak forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. The Sales in the second quarter will be about $13 billion, the...
World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce. The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that...
XAU/USD is facing resistance, indicating potential selling pressure. Day traders may consider short positions near resistance, targeting support levels. Monitoring price action and volume is key for confirming the selling pressure and managing risk effectively. Setting stop-loss orders is important to protect against potential losses. Entry: 2345.61 Sl:...
💎 Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy. 💎 It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement. 💎 This momentum is crucial for testing the resistance area and breaking through for further...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
Ichimoku Cloud: The price is trading just beneath the cloud. The current candle is struggling to break through the lower boundary of the cloud, which is acting as resistance. The immediate upside target, if the price breaks out of the cloud, is the $64,749.75 region, which aligns with the 0.618 Fibonacci retracement level. Fibonacci Retracement Levels: The...
In a landmark moment for the tech industry, Alphabet Inc. ( NASDAQ:GOOGL ), the parent company of Google, has surpassed Wall Street's expectations and made history by announcing its inaugural dividend and a staggering $70 billion stock buyback program. The groundbreaking move comes as Google's first-quarter earnings and revenue far exceeded analyst forecasts,...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Vow The golden area works brilliant We sell gold 2 times with one 20 pips sl and one 100 pips tp We made Almost 80 pips today My Analysis of next week will publish on mondays night or tue's morning because i have essential surgery on my stomach tommororw Sene your best wishes to me I'll be back 🙏❤️
The Estée Lauder Companies (ELC) and tech giant Microsoft ( NASDAQ:MSFT ) have unveiled a pioneering collaboration, heralding a new era of innovation and consumer engagement. This strategic partnership aims to harness the transformative power of generative AI to revolutionize product development, marketing strategies, and customer experiences across ELC's esteemed...
Gold prices have recovered slightly during today's Asian session and are currently trading around the $2,330 resistance level. Gold prices have now recovered after falling sharply following last night's US GDP data and the precious metal is currently trading around $2,330. Although gold's upward momentum has weakened when the RSI indicator on the daily chart...
In the wake of last week's unexpected setback for JPMorgan Chase's stock, investors are presented with a perplexing narrative. Contrary to expectations, the banking giant refrained from revising its 2024 revenue guidance, leading to a notable 6% drop in share price. Yet, beneath this seemingly negative surface lies a compelling investment opportunity, driven by...
The AUD/USD pair continues its upward trajectory, marking its second consecutive day of gains after finding support at the 0.6400 level on Wednesday. Despite facing a mixed bag of economic data, the Aussie dollar remains steadfast, exhibiting resilience in the face of uncertainty. On the economic front, the Australian dollar experienced contrasting news. While...
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
With Palladium hovering around the $1046 mark, investors are navigating a complex landscape shaped by shifting market dynamics and economic indicators. Employing a seasonal approach akin to our previous analysis on Silver, we observe that Palladium has historically experienced significant declines during this period over the past 15 years. This seasonal pattern,...