Good morning, the local context currently looks bullish. We have two confirmations of market structure. Below, there is a liquidity cluster, and after it is taken out, the optimal intraday target is the previous week's high (PWH). The scenario will be invalidated if an hourly candle closes below 1.08715. In case of changes, I plan to update the idea.
OANDA:XAUUSD Gold price holds its upbeat momentum intact on Monday, sitting at fresh record highs of $2,450 in the European session. The bright metal benefits from renewed hopes for Fed rate cuts and renewed geopolitical tensions surrounding Iran. Fedspeak is next on tap.
Buying NZDUSD after that stoploss hunt. We're looking bullish for AUD pairs right now.
Gold advanced toward $2,400 on Wednesday as US Treasury bond yields pushed lower following the April inflation data. The recovery in US yields combined with the US Dollar's resilience after Jobless Claims data, however, causes XAU/USD to retreat toward $2,370 on Thursday.
(Based on the 12H Chart) SLO3 @ 2414.48 📉 SLO2 @ 2388.92 📉 SLO1 @ 2334.00 ⏳ TP1 @ 2334.00 💰 TP2 @ 2288.87 TP3 @ 2255.22 TP4 @ 2203.24 BLO1 @ 2190.75 ⏳ BLO2 @ 2160.42 ⏳ This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more opportunities for confirmation...
The S&P 500 index can be bought in two specified support areas in two steps and profit from it up to the specified targets
Hi everyone. EUR/USD is on daily Order Block.Took sufficient Liquidity. Now target liquidity is pending .. Good Luck
Considering the breaking of the historical ceiling of gold, we can expect to have an upward reaction in the return to the specified support area.
💎 Paradisers, #BCH is indeed a coin worth monitoring closely. 💎 It appears that BCH faced rejection at the resistance level after attempting to break out. Based on current price action, there's potential for BCH to retest the support area around 445. If this scenario plays out, we might witness a bounce from this support level, with BCH resuming its upward...
Analysis of Gold Price Movement in May 2024 For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at...
OANDA:XAUUSD on the background of weak dollar and favorable fundamental background realizes the accumulated potential after breaking through resistance. The price is testing the global resistance of 2431. The market is bullish again, which was supported by economic news, mainly related to inflation. Technically, the gold is again interested in strong buyers...
📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President...
Natural Gas prices run their second straight profitable month, covering the Q1 losses and starting the current week on the front foot. This brings the year’s highs in the spotlight (3.3974), but bulls will need fresh impetus for taking them out. The RSI points to highly overbought conditions though, making the commodity ripe for a pullback towards the EMA200...
If you are looking for a catalyst the helicopter crash is as good as any I'd suggest- which sound plausible but oil is asleep. And gold has been a tear for quite a while. The latest on the chopper crash is a Turkish drone has sighted the wreckage. rescue teams are about 30 minutes away. A helicopter carrying Iranian President Ebrahim Raisi has suffered a "hard...
World gold rate multiplied through 26 USD, placing a brand new file at 2,437 USD/ounce, at one factor accomplishing the very best degree of 2,439 USD/ounce. The purpose why gold fees multiplied past 2,four hundred USD/ounce become the declaration through US Federal Reserve Chairman Jerome Powell and monetary statistics confirming that hobby prices will now no...
The recent completion of Bitcoin’s halving has brought excitement among market watchers about what’s coming next. The focus shifts to the altcoin market, which many anticipate will experience significant growth. Renowned crypto analyst Robert Mercer notes that Bitcoin’s dominance is nearing a peak, suggesting the start of an altcoin season.
final night time I additionally shared approximately GOLD in keeping with Trend, it's going to maximum possibly growth strongly to 2450. This morning once I opened the consultation, I noticed Tang Manh, however I become afraid that the consultation might be smooth to run virtual, so now I endorse it. >At this price, I see GOLD is gathering to growth further. It is...
nice and smooth ascending trend, keep your long position