We've observed a break in the bullish trend line and a response to the high time frame (HTF) zone, coinciding with the bearish long-term channel. A short-term bearish channel is clearly visible. First Entry: Wait for resistance around the weekly pivot. Only enter if the price shows no signs of rise for some candles. Second Entry: After breaking above 1.076,...
A 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite). Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals. TTM squeezes normally see price bounce off...
Patterns and Math add up. Gold to $17,000 ish... Silver to $700 ish... Gold to Silver Ratio to 24 to 1 ish... S&P to $350ish... BTC is a NASDAQ / S&P proxy... It will follow suit. The decade of hard tangible real assets is upon us. The century of imaginative speculation has ended. They printed themselves into a corner. There's nowhere to run......
we are tracking a descending channel pattern, outlined by the red boundaries. Currently, gold's price has rallied to the upper resistance of the channel, marking a pivotal moment for traders. Should the price adhere to the channel's resistance, we anticipate a potential reversal heading back down. However, unlike previous lows, a higher low is expected this time...
Looking like the sell I wanted yesterday is setting up, again 4 out of 5 requirements met. If trend breaks I will not be adjusting my bias, I will just sit this one out
- Quite a run on gold - Left a lot of inefficiencies behind 2 potential targets annotated on the chart Gold can take its sweet time to accumulate shorts This week will be interesting, potentially choppy
Gold is in an upward trend and its targets are clear on the chart The price floor is 2280
SILVER - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell SILVER Entry Level - 27.327 Sl - 27.720 Tp - 26.683 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
XAUUSD | 30 Min Safe Zone Hey Traders ! Hope you are doing well Keep trading simple with us .. - Resistance Levels 2316.00 - Next Resistance Levels at 2321.79 - Firstly we have to observed the circle which indicates if #XAUUSD break the Trendline our Target would be at 2331.00 and then 2344.00 - If #Gold completely reject the Trend line our Targets would...
Layers 2314-2315 Sl @ 2309 1st tp @ 2319 2nd tp @ 2328 3rd tp @ 2337 Running 120pips! See below for 1st entry
Gold's 30-minute rise is no longer strong enough and is beginning to be suppressed by the downward trend line. Gold's 30-minute moving average is about to form a dead cross. If a dead cross is formed, gold will have room to fall again. The resistance of the gold trend line has now moved down to 2325.
#USOIL UPDATE Hey team hope you all are enjoying our professionals market analysis. We analyze the market deeply. Now we are here to discuss about USOIL. USOIL is exactly on the way as predicted. Already in good gain. We can see here a small support level. But maximum Chances it will break this support level. If it breaks this level we can Price around 70...
"Gold (XAU/USD) attracted some buyers during Asian trading hours on Wednesday. Safe-haven demand, driven by geopolitical tensions and political uncertainty, as well as central bank buying activity, may contribute to pushing gold prices higher. However, hawkish remarks from Federal Reserve officials could dampen hopes of interest rate cuts in 2024, despite...
GOLD FORECAST The current analysis indicates a bearish trend for gold, as long as it remains below the 2325 threshold. At present, the price seems primed for consolidation between 2327 and 2302 before any breakout occurs. The prevailing bearish pressure suggests that if trading persists below 2325, a decline to 2304 is likely. Although there might be temporary...
Currently in a bearish channel with the short-term trend line recently broken. Consider two short entries: First entry: Short from 2325.40, a significant level in the chart. Second entry: Short from the zone comprising the weekly pivot, top of the channel, and a reversal point. Target price (TP) could be around 2287.00.
By checking the EURUSD chart, we can see that after entering the important demand range of 1.068, the price was accompanied by buying pressure and was able to increase by 130 pips to 1.08120 and fill about 50% of its old FVG! The price is currently trading in the range of 1.077 and I still expect the price to grow to higher levels such as 1.08130, 1.08470 and...
By checking the #NASDAQ Indext Chart in the 4-hour time frame, we see that the price is close to an important supply range (18085 to 18175 and 18250 to 18340) and we will probably see a drop of #NAS100 soon, The possible targets of this drop will be 17940, 17780 and 17670 respectively! Please support me with your likes and comments to motivate me to share more...
Preferred direction: Neutral Comment: Metals , for the most part, continue to stagnate, making entry difficult and leading to better times. The most likely scenario today is a modest increase to 2343.869 , where the instrument will most likely continue to be on the balance, since buyers do not yet have the strength to grow (scenario №1) . An alternative...