Gold prices are hovering near record highs, reaching close to $2,200 USD/oz last Friday. The precious metal's momentum is pausing as investors await a pivotal US economic data release. The US Department of Labor is set to unveil the February CPI report on Tuesday (3/12). Economists surveyed by Dow Jones anticipate a 0.4% month-over-month increase in CPI for...
Gujarat State Fertilizers & Chemicals Limited (GSFC) , a stalwart in the fertilizers and chemicals industry, is renowned for its innovative products and steadfast commitment to agricultural sustainability, making it a compelling candidate for swing trading enthusiasts seeking opportunities backed by solid fundamentals. Reasons are listed below : After...
Celestia broke through the short-term descending trendline. The bullish trend is expected to continue and reach the resistance level at $20.6
#TROY/USDT SPOT LONG ENTRY Leverage: 1x Entries: $0.003403 Take profit 1: $0.005043 Take profit 2: $0.011711 Take profit 3: $0.031713 Stop Loss: $0.002000 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! BINANCE:TROYUSDT Thanks The sroced.
INJ has been on the Bull cycle since December 2022. Currently on a daily TF we just completed a correction cycle, swept the liquidity lows, and now back at my initial INJ Long Price, where I'm taking Buy or long orders. Based on the chart, correction started on the 20th Dec 2023, ever since then we have been moving choopy, somewhat side ways, then based on the...
In my opinion it could be an attractive position ------------------------
Hello, dear friends. Today, USDJPY continues its unabated downtrend, currently positioned at 146.68, shedding 0.25% for the day. Expectations are mounting that the Fed may ease its tight policy stance in June, which has put pressure on the US Dollar, bringing the US Dollar Index down to 102.70 against a basket of six major currencies. Additionally, increasing...
Hello everyone! What's your take on today's gold prices? As of Monday, gold has been trading steadily, maintaining its position around the $2180 mark up until now. The trend for gold is becoming increasingly unpredictable as its recent surge has cooled, marking a departure from the rapid increases seen in the previous week. Gold's next move is shrouded in...
Hello, GBPUSD traders! The GBPUSD pair has formally established a new peak just shy of the 1.2900 mark, and the bias leans towards a modest downward correction as the pair faces pressure from a gradually recovering USD at the start of the week. Nevertheless, the decline in GBPUSD is expected to be limited, with two support levels acting as potential pivots...
EUR/USD soared to its highest since early January, breaching 1.0980 on Friday, but reversed gains in the US session to close slightly lower. The pair ended the week nearly 1% up, settling just below 1.0950 as the new week kicks off. A dip in the US 10-year Treasury yield to 4% following the February jobs report has kept the USD on a weaker footing against its...
It is preparing to break the bullish flag pattern and achieve a new high
The price of gold (XAU/USD) saw an increase to approximately $2180 after hitting a record high at the start of the new week, buoyed by a weaker US Dollar (USD) and declining US Treasury yields, which provided some support for gold prices. Additionally, growing expectations for the Federal Reserve's (Fed) first interest rate cut in its June meeting have also...
As you can see, FTM's upward trend is very healthy in terms of it going higher but also correcting with every high. it has formed an upward trend and just has a small resistance above it. I think it will re-test the trend line then break through the resistance and go up vertically.
LONG TRADE 🔹 ROSE / USD 🔹 ENTRY: 0.18 - 0.173 🔹 TARGETS: 0.185 - 0.194 - 0.21 - 0.235 🔹 STOPLOSS: 0.167 We are long on Rose, just a quick futures setup. Stoploss breakeven after tp1.
We entered this trade in the community over a week ago. We are sharing this now because a break above the 40c level would give an opportunity for a second entry at a backtest of this level. I'd simply add it to my watchlist and have a notification set for a breakout, if a backtest happens you can take a long there. We will post a backtest trade if there is a...
With BTC stabilizing above support, I think it goes to 70k next. This will drag ALTS up along with it. I am going to start dipping back into some of the previous positions which I was stopped out of with all the volatility. One such position was POWR. I like POWR here above the VRVP PoC and above that long-trending RSI support. I don't know if it will go to a...
I like Storj here at .80. Final target will be that BLUE trendline overhead. SL around .69 for a 3-to-1 rrr. With good volume on the underside and that bullish candle on the daily, I think Storj is in good position to fly. Alts are popping one by one and I think Storj has another turn coming up. The only downside here is that RSI. But lately, it doesn't seem like...