Hello traders! Be patient and wait for the breakout to enter the trade. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
🔄 Recap In the past month, the S&P 500 Index Futures (ES) has demonstrated an unusual bullish trend, closing four consecutive green weeks. Notably, after breaking out of a downtrend channel on November 14th at 4425, the market has largely maintained an upward trajectory. This breakout signifies a classic technical analysis pattern typically seen in 4-month...
Today's world gold price increased when the US manufacturing PMI index (an index measuring economic activity) dropped from 50 points to 49.4 points. This data makes investors believe that the US economy is weakening. Accordingly, they expect the US Federal Reserve (FED) to soon reduce interest rates in 2024 to promote economic growth. Immediately, the currency...
CME_MINI:NQ1! CME_MINI:ES1! We can see that the ES chart is weaker and more "bearish" than the NQ. That means in the next week open if ES breaks the checkpoint "1" we can easily see an ATH for NQ , because we have already broken the checkpoint "1" on NQ . So I think the direction and the sentiment of NQ are highly based on whether ES breaks above or bellow the...
The Mustang indicator signals an exciting era in the crypto world. Bitcoin (BTC) has surged by a remarkable 40.83% with the support of this powerful indicator, eliciting significant interest and enthusiasm among market participants. Known for its robust algorithms in technical analysis, the Mustang indicator accurately predicts market movements. While offering...
OANDA:XAUUSD ANALYSIS - Gold expected to underwhelm this Thanksgiving weekend amid thin trading - XAUUSD reveals an aversion to trading above $2000 as ceasefire tests safe haven appeal - USD and Treasury yields remain a factor as markets lower expectations of rate cuts next year OANDA:XAUUSD EXPECTED TO UNDERWHELM THIS THANKSGIVING WEEKEND Gold prices rose...
World gold prices increased slightly this morning with spot gold increasing by 2.5 USD to 1,992.1 USD/ounce. Gold futures last traded at 1,993.3 USD/ounce, up 0.5 USD compared to yesterday morning. The USD turned down in the context of US 10-year Treasury bond yields falling to their lowest level in 2 months. The US Dollar Index (DXY) measuring greenback...
ADD AT 8050 SL 7925 , hopefully can reverse from here worth a shot due to decent risk / reward ratio
OANDA:XAUUSD PRICE FORECAST: - Gold Rally Loses Steam at the Psychological $2000/oz Level. - DXY Rally Continues as Treasury Yields Rebound as Well all Working Against the Rally in Gold Prices. - US Heading into the Thanksgiving Break Means Low Liquidity Tomorrow and Potentially Friday as well. Gold prices continue to find acceptance above the $2000/oz a step...
World gold prices decreased slightly in this morning's trading session. Spot gold fell to 1,989.6 USD/ounce, down 8.1 USD compared to yesterday's trading session. Meanwhile, gold futures decreased by 9.8 USD, to 1,991.8 USD. Gold is under slight selling pressure after the US labor market unexpectedly improved with a decrease in the number of unemployment benefit...
🔄 Recap The S&P 500 futures (ES) are continuing the seasonally bullish trend of Thanksgiving week. Recently, ES exhibited a bullish triangle pattern around the 4536 resistance, leading to a breakout that aligns with our analysis from the last newsletter. 📈 The Markets Overnight 🌏 Asia: Down a bit 🌍 Europe: Up 🌎 US Index Futures: Trending Up 🛢 Crude Oil: Down...
Hello traders! Entry: 1.09480 Stop Loss: 1.09700 Target: 1.08120 Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
OANDA:EURUSD , TVC:DXY KEY POINTS POST FOMC MINUTES: - FOMC Minutes Turns into Non-Event Following Recent Inflation Print and No Surprises. - DXY Eyes Recovery Following Bounce off Key Support Area. More Upside Ahead? - EURUSD Flirts with 1.0900 as Long-Awaited Retracement May be Upon Us. The US Federal Reserve released the minutes of the November FOMC...
OANDA:XAUUSD ANALYSIS, PRICES, AND CHARTS - US dollar weakness may be put on hold ahead of the Thanksgiving Holiday - The technical set-up for gold looks positive. The FOMC meeting minutes will provide more insight into the Fed's future plans. Markets believe that interest rates have reached their highest point and will be reduced next year. Chairman Powell...
During the trading session lasting from last night to early November 22, the spot price of gold on the international market experienced a fierce increase, breaking the resistance threshold of 2,000 USD/ounce to reach 2,007 USD/ounce. . Gold price today has cooled somewhat, trading at 1,998 USD/ounce Gold prices today fluctuate strongly due to the decline in US...
The gold price seems to be recovering at the moment and is gradually making significant gains. We expect it to continue its corrective rise within the magenta wave (b) to the same-colored Target Zone between $2123.60 and $2147.10. An important step on this path will be to overcome the high of the magenta-colored wave alt.(x). As long as the price has not succeeded...
🔄 Recap Todays price action highlighted the power of technical analysis, with ES breaking out of a 4-month downtrend post-CPI, rallying 120 points. The market formed a bullish triangle pattern last week, which led to a breakout and an upward trajectory today, aligning perfectly with our analysis from the last newsletter. 📈 The Markets Overnight 🌏 Asia: Mixed 🌍...
World gold prices today (November 21) suddenly increased sharply when inflationary pressures in the US eased and the weak economy began to cool down. Analysts say that the US Federal Reserve (Fed) is not yet ready to change the trend of tightening monetary policy, which is making it impossible for hedge funds to access gold. Gold prices could reach $2,100/ounce...