User Today, the price of gold has seen an impressive increase, with spot gold rising by $2305 to $2202per ounce. This significant surge on April 4nd, according to US time, has been driven by the relentless demand for a safe haven amidst escalating tensions in the Middle East. The gold market continues to defy the strength of the US dollar and predictions of...
The signal of trend reversal convergence will appear when the downtrend turns into an uptrend. At that point, in a downtrend, the subsequent lows will be lower than the previous lows. However, oscillating indicators behave differently, as they show that the subsequent lows are higher than the previous lows, indicating that the momentum of the downtrend is...
Gold shows a pullback, I think it will go back to 2236, then I will see what happens, now let's push the trade if you agree with me.
Bitcoin Short-Term Outlook: Watching Key Levels Since March 26, Bitcoin has been consolidating in a range. A closer hourly analysis shows the formation of an ascending wedge, broken at $70,000. Following this breakout, the price dropped to $68,000 before rising again to retest $67,000 or $62000. This price action is very important. If Bitcoin fails to clear...
I believe EUR has completed the small wave 5 and is transitioning into the larger wave 3. We may wait for a few more candlesticks before entering a buy order.
"This week, the euro experienced modest fluctuations against major counterparts, driven by mixed economic data releases. Despite brief volatility, it maintained a relatively stable position amid ongoing global uncertainties."
In the fast-paced world of finance, few assets have captured the imagination and sparked as much debate as Bitcoin. As a seasoned financial expert, exploring the intricacies of this digital currency unveils a narrative brimming with innovation, volatility, and transformative potential. Bitcoin's Genesis: Born out of the aftermath of the 2008 financial crisis,...
Not beyond our prediction, EURUSD continues to reverse when it hits the limit of the bearish channel, the price may move outside the channel with today's trading level around 1,083-1,091 and loss of 0.11% on the day. . However, at the end of the day we will receive very important news, Non Farm news may have a downward trend if the USD once again increases in price.
Today, gold prices experienced a slight dip, establishing a peak above $2,300 before retracting to around $2,273 during the early trading hours yesterday. Looking ahead, with robust economic data and persistent inflationary pressures, the Fed may be compelled to maintain accommodative monetary policies throughout the summer, potentially driving gold prices...
As mentioned in last week's analysis, the outlook for XAUUSD remains positive following a period of correction and recovery, particularly evidenced by its swift rebound from recent lows and retesting of the all-time high (ATH) at $2308 reached yesterday. It is currently trading at a new high of $2258, having surpassed the $2308 mark, marking a robust $12 increase...
We're considering a potential sell opportunity for BTC: Sell at 67779 SL: 71622 TP: 60450
In today's financial landscape, Bitcoin (BTC) remains a focal point for investors, attracting attention and speculation. As a seasoned financial analyst, I provide a unique perspective on the current state of the BTC market. Bitcoin's recent movements have been marked by volatility, influenced by factors such as institutional adoption, regulatory developments,...
In the realm of financial analysis, gold stands as a cornerstone asset, attracting attention from investors seeking stability and diversification. As a seasoned financial analyst, I offer a fresh perspective on the current state of the gold market. Gold's recent performance has been characterized by a delicate balance of factors, including economic data releases,...
Looking ahead: XAUUSD is driven by safe-haven demand amid rising tensions in the Middle East. The gold market ignores the strength of the USD and expects the US to cut interest rates and continuously conquer new records. Price volume is still increasing, new Highs have been formed so we can still expect further price increases. I still maintain strong belief in...
Bitcoin's swift resurgence comes as no surprise, given the impressive speed observed across various timeframes where the price surged relentlessly, rendering trend lines seemingly impossible to draw. The target for price speculators this week is to surpass the resistance around the $70,800 mark to sustain the upward trend in the medium and long term. Potential...
IDK why tradingview tools doesn't include Gann grid. Anyway... i did something similar with Channels. Hope tradingview Add Gann grid. Good luck Guys.
Hi traders I would like to share my forecast for XAUUSD Hope you have profitable trade Entry and Exit on 15 MTF