Hello dear traders! In general, XAUUSD continues to maintain at the historical peak. Although it closed at the weekend around 2,392 USD/ounce, down from the peak of over 2,400 USD/ounce set yesterday, world gold prices are still around the highest level in history. The need to buy gold to shelter capital in the context of the tense conflict between Iran and...
Hello dear friends! It's a pleasure to meet you again and discuss with you in today's chat. As such, XAUUSD continues to consolidate at high levels with continued growth, without a false break of the uptrend channel occurring, it is currently touching $2406 at the time of writing, marking an increase dramatic 1.13% on the day. The growth scenario at this time is...
Hello friends! As James mentioned in the previous analysis EURUSD is currently in a recovery phase with the market correcting and capturing liquidity receiving support at 1.0660. However, overcoming the 1.0750 resistance level remains the challenge and target. On the news impact: EUR/USD continues to ease around 1.0640 after retreating from Friday's weekly peak...
Today, Bitcoin price (BTCUSD) saw a bearish correction, trading around the 34 and 89 EMAs, with the current price at $63,597. Here is my trading strategy recommendation for BTCUSD: Strategy: Sell BTCUSD Stop Loss (SL): Set at 65,040 USD to limit risks. Take Profit 1 - TP1: 62,100 USD, where you can start taking profits. Second Take Profit Target (Take Profit 2...
Current BTCUSDT trading strategy: In the short term, we observe that BTCUSDT is continuing its weakening trend. The resistance at $63,000 is playing a crucial role in maintaining this downtrend. From a technical perspective, the 34 and 89 EMAs are favoring sellers and there are no signs of a notable price reversal. Based on this analysis, we continue to...
#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support. As long as we remain above this support, things look positive for a potential bounce back up in price. However, if the price falls below this level, we may see some corrections. Keep an eye out for further...
Hello dear friends! Overall, XAUUSD has experienced significant fluctuations with price increases surpassing the $2366 mark. It is currently trading at a new high of $2,381, after hitting $2,431, marking a 0.09% gain on the day. Recently, gold has had difficulty maintaining its peak of $2,431. Gold's upward momentum is hindered by many factors, including news...
Hello all dear traders, what do you think about the next trend of world gold prices at the end of today's trading session. Let's review some notable news and plan our new day's strategy, everyone! Overall, the uptrend of XAUUSD remained intact without too many significant fluctuations. There was a time when gold reached 2410 USD and fell to 2373, marking a...
Hello dear traders! Currently, ETHUSDT remains constrained below the old support level at around 3272 USD, since the market witnessed a previous price slide. This resistance level plays an important role in controlling the price; If the price breaks above this level, we will likely see a significant rally, while prices remaining below this level could continue to...
I recently Shared NearBTC and gave you some short term targets for Near. In a few week Near will climb through 16 to 20. According to Elliot waves theory, Near has finished its own corrective move. It's time for a bull run now. Targets specified on the chart before this post. Main target 16. Good Luck To Us All.
Ralph Benjamin hello everyone! After a price increase that brought gold past the 2,400 USD/ounce mark, the world gold market was under pressure to sell off and entered a consolidation period. However, according to commodity investor Dennis Gartman, this precious metal still has a lot of upside momentum. Most likely, the price of gold could rise to 2500 USD and...
Hello all dear traders! Let's discuss and strategize for the new day with me! As Ralph Benjamin mentioned in his previous analysis, GBPUSD is currently in a corrective recovery phase, receiving strong support at 1.2400. Currently GBPUSD is trading stable at 1.2440. It seems like GU is trying to recover after the previous strong correction. The H4 setup shows...
another stock that we have zero clue what it does, but chart looks perfect. weekly rsi broke to bull side eq. 190% TP from entry. could even run higher.
Caplin Point Laboratories , a leading pharmaceutical company known for its focus on generic formulations with strong fundamentals, presents an attractive opportunity for swing traders and investors. Reasons are listed below : Support Zone at 1200-1250 : Caplin Point Laboratories has established a strong support zone in the range of 1200-1250, showcasing its...
Consider a compelling swing trade opportunity in Ramkrishna Forgings Limited , a leading manufacturer of automotive components in India, catering to both domestic and international markets. Testing Strong Resistance Zone : The price range of 750-770 has been tested multiple times and is currently attempting to breach it, indicating potential bullish...
CRYPTOCAP:EGLD Liquidity just got raided with the recent dip. The price is back in the weekly Optimal Trade Entry zone making it an execellent entry point. This pattern is also a known bullish pattern (liquidity grab)
Consider a promising swing trade opportunity in Anupam Rasayan India , a leading specialty chemicals manufacturer. Reasons are listed below : Strong Support Zone at 800-850 : Anupam Rasayan India has a strong support zone established at 800-850, indicating significant buying interest and potential reversal points. Hammer Candle on Weekly Timeframe : The...
Zyduslife on daily time frame has made pattern based on popular shampoo brand "Head & shoulders". Or it can be called as cup n handle also. If we calculate depth of the pattern then upmove of 12%, above 670 looks achievable. I have gone long at the retest of breakout level at 675. Once 730 is achieved I will book 2/3rd qty and for the remaining qty will pust cost...