Gold has reached an all-time high. I expect it to break and then fall, forming the second swing.
Macroeconomics
Last week's PCE reading showed lower inflation and instead of gold rising, it fell.
The FED is about to pause, or at least that is the expectation at the moment.
Unemployment rate is rising, which is bullish for gold.
It seems that the banks are...
good evening gold gang and that is it for the week and the month!! december is upon us! We didnt quite get the all time high as predicted but got within 300 pips so i was very close
price continues to bounce around my algo levels in an overall messy day of price action.
This monthly candle close is the highest its closed ever! .. so we still might get the all...
On Thursday, EUR/USD faced a significant decline of almost a hundred pips, marking its worst day in months. The Euro weakened broadly, while the US Dollar showed a mixed performance due to softer inflation and a balanced labor market in the US. Daily chart indicators suggest a downside, though the overall trend remains upward, albeit with reduced momentum. A close...
Good evening gold gang! wow what a horrible day of price .. in and out of the range reacting to nothing .. very boring. We did get the move in asian session as predicted and a scalp in london session .. so i didnt lose any gains today
we need to break away from the range .. its so messy with no decent reaction zones at all .. so i either want a strong close to...
The GBP/USD pair continued to experience gains during the American session, reaching a new monthly high at 1.2715 before a modest retracement. The British Pound maintains its strength against the US Dollar, with the GBP/USD comfortably trading above the 1.2600 level after touching Monday's peak at 1.2644, the highest since last August. The Governor of the Bank of...
The EUR/USD experienced a decline after four consecutive days of gains, stabilizing just below 1.1000, while the US Dollar seeks to recover. On Thursday, Eurozone inflation data could disappoint expectations downward, while the US will release the core PCE index and weekly jobless claims. A daily close well above 1.1010 could pave the way for further gains. A...
Gold Trend: The price of gold appears to be in an upward phase, testing $2,050 per troy ounce. This could be influenced by various factors, including expectations regarding inflation, the strength of the dollar, and the monetary policy of the Federal Reserve.
Role of the Dollar: Although the US dollar is showing signs of recovery, it remains generally weak. Hopes...
Few minutes ago I finished my scalping after open USA.
Last H1 was very strong therefore I took just buy buy buy.
If break H1 I see potential to SUPPORT and more long
Good evening gold gang! wow what a day with a huuuge move to the upside with no (from what i can see) catalyst. I was able to scalp the algo levels so i got my pips today but didnt catch the buys as there was no decent entry
I said at the beginning of november that i predicted all time highs this month .. and i know its late .. but i think we might just get...
Market maker sell model, aligned with the idea posted last week.
Anticipating that the price will target sell stops at 228.2 - 227.25 - 224.3.
My ultimate target is at 222.5 on the SIBI 1W chart.
I recommend taking a look at the original idea to understand the context
daily time frame shows NQ is in a bullish trading range at a premium and price action has been pretty much sideways for past 6 days meaning consolidation and anything lower than the daily can result in buy side and sell side liquidity being taken
4h bullish trading range at a premium and price action has been sweeping liquidity both ways with no clear...
The prices of oil appear very negative as they record losses for the fourth consecutive day. Markets are selling crude oil futures contracts due to the current division within OPEC+ on how to proceed, with the prospect of a lack of severe measures to support oil prices. The postponement of the OPEC+ meeting to a virtual mode on Thursday highlights a deep division...
The price of gold has struggled to surpass $2,000, facing resistance around $2,010. Daily oscillators suggest potential buying opportunities around $1,989-1.988, with support levels at $1,979-1.978 and $1,965. A break below the latter could lead to levels around $1,940. On the other hand, a break above $2,000 could pave the way for $2,007 and $2,009-2,010, with...
I'm anticipating price selling off into any one of the w-bisi pd arrays since price is in a premium according to the daily range to reach for sell side liquidity. I will look for potential shorts in Ny session at area of interest before first sell side target is reached if the opportunity presents itself
high news is coming out this week between Wednesday and...
Good evening gold gang! are we ready to do it all again on the gold chart? .. lets go
Price is over all messy in this 100 pip range .. not many opportunities to buy or sell currently without getting caught out at old highs and lows
Current algo is primed to break .. but can also be a fakeout .. so im gonna leave it and wait for either side of it
id like to...
