Metals

XAUUSD is approaching our first support at 1285.64 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding bounce in price to our first resistance at 1302.42 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89) is also seeing a bullish ...

Finally gold broke through its multi months support at 1,305 USD and has moved clearly below 1,300 USD. We have anticipated this scenario since end of January. Now all the weak hands, that have emotionally been buying gold during the tricky sideways consolidation in spring, are under water and are shaken out. This moment of panic is coming closer and closer. But ...

eurusd direction

XAUUSD continues to show weakness. As badly as I would like to see a rally back above 1305, it is simply not showing any price action that would signal such a move. As traders once of the keys to being successful is leaving your personal opinions outside of the trading space and simply trading whatever price is doing. The market doesn't care about our opinion. ...

Gold finally broke the trading range it had been into from many weeks on the downside as it slid past $1300 comfortably and posted a nearly $20 weekly loss. This kind of movement was getting over-due and a fatigue was kind of setting in when the price action was taken into account. Fundamentally the events did not favor the rising prices thus allowing it to breach ...

Buy-in Zone: 1250-1293 Profit Targets: 1377.80 1580.00 Stop loss: 1238 This is a long term trade, i made my analysis on weekly chart. Please be patient and sell at targets. Have a nice day, Berk

Past two areas that neared the uptrend line dropped around -2.85% in the week prior to a trend reversal. We are at that same point as we speak. Looking for a reversal here based on the weekly timeframe. Ideally, we finally break about the 1360 area. Cheers mates AM

Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the ...

In this video I discuss key support levels where selling short options for both premium as well as direction(if price bounces higher off of key support) can provide a highly probably and profitable trade setup. There is far more to options that I can fit in a 10 minute video but if you are unfamiliar with them I encourage you to research options. They can add ...

I publish it to follow my own development. It is not an investment recommendation.

Technical says, ready for next strong support zone. BUT already on the picture, we have two destructed high meaning nearest support. So the smartest decision for today still is SELL.

Since the last update and the short from 1,311, 2 bearish targets have been hit: 1,301.80 and 1,290.15. The last is 1,274.50 located just above the last Higher Low supporting line of the 1M uptrend (neutral RSI but still MACD = 23.990, BBP = 14.7020). If it reached 1,301.80 again it should act like a Resistance and we will short again. In short, the price is still ...

Long as it shown

Range trading

XAUUSD (Gold) is testing major support at 1286.39 (Multiple Fibonacci extensions, Fibonacci retracement, bullish price action, bullish divergence) and a strong bounce could occur at this level to push price up to its first major resistance at 1302.80 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance). Stochastic (55,5,3) is seeing major ...

Good risk reward stops below low Pink line is important trendline

$AUY Yamana Gold at Support - target 5-10% in near term

Reversal sign is happening. My thought would surely on upside move. Couple hundreds pips onwards from this point. Enjoy. :)