Hi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some days ago declined to the trend line, after which it made a strong impulse up to the 2010 support level, which coincided with the support zone. Soon, Gold broke this level and continued to move up to the resistance zone, which coincided with the resistance...
Gold in one hour time frame 1. Reverse head and shoulders pattern 2. Good support from the 200-day moving average 3. Good support from the bottom of the ascending channel 4. Cup pattern Considering the above and the not so positive atmosphere for the US dollar, we can hope for the proposed long position. This is not a recommendation to buy or sell Don't forget...
On H1, the EMA technical indicator clearly indicates an upward trend. By using Fibonacci, I anticipate that gold will soon reach the 1.618 level, which is $2053, thanks to the strong support from EMA and the previous market breakout above $2030. As long as gold maintains this level, it would not be surprising to see this scenario unfold in the short term. All...
Hello how are you we have supply and downtrend and we have evening star so prefer selling what your opinion? do you agree with me?
Gold is trading inside the flat. The standard situation of price movement inside the range - from resistance to support and vice versa. Accordingly, the price is testing the resistance area of the sideways trend and is apparently now heading towards support. We are waiting for a decline to 2022 Reasons for further decline: 1) Price is in sideways movement...
Copper futures fell further to around $3.8 per pound, marking a weekly loss driven by concerns over demand from China and heightened US interest rates. China's manufacturing sector contracted for the fourth consecutive month in January, contributing to the negative sentiment. With a robust US jobs report, expectations of a Federal Reserve rate cut in March have...
#SILVER... market didnot clear his supporting area that was discussed my last couple of ideas regarding silver. keep close that area guys it can change the overall scnerio of silver .. if market hold it then only that case you can expect a buying ride from here otherwise not at all. stay sharp and dont be lazy here.. good luck trade wisely
SILVER - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy SILVER Entry - 22.240 Stop - 21.990 Take - 22.771 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2025.0 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish ) signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2038.1 About Used Indicators: On the subsequent day,...
💹 Forex Quick Check: #XAUUSD 📉 Trend: Consolidation 🚀 Action: SHORT @ 2038.826 🎯 TP: 2017.993 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #XAUUSD. #GOLD is going to retest the major support and the trend line. Here we can see that #GOLD hit our target poiny of previous analysis and now is at the major resistance...
By analyzing the gold in the 4-hour time frame, we can see that, as I said, I was monitoring the range of $2034 to $2042 for the SELL position and gold faced a strong growth to $2038 and by entering this supply range it faced heavy selling pressure. and is currently trading in the range of $2033 ! Note that this analysis in the 4-hour time frame is complementary...
In yesterday's post, I mentioned my expectation for the price of OANDA:XAUUSD to continue its descent and test the year's lows around the 2005 zone. After an initial drop from the 2030 resistance, as anticipated, Gold broke above this level and reached a high of 2038. Currently, my trade is experiencing a 30-pip loss, and despite being above the interim...
Preferred direction: Neutral Comment: The previous short trading idea worked out completely, and the take profit was fixed. Today, metals behave more uncertainly than currencies . Nevertheless, we will consider two scenarios for the development of events in gold, which are still more directed in favor of the bulls. The more likely scenario №1 says that...
The 14-day Relative Strength Index (RSI) is trading neutral at the 50 level, suggesting a lack of clear directional bias for Gold price. If the rebound finds legs, the immediate powerful resistance for Gold price is seen at the $2,050 psychological level. The next critical supply zone for the bright metal is seen at around $2,065. Gold buy now 2033 limit trade...
By examining the 8-hour USDCAD chart, we can define the market structure as bearish. There is a strong supply zone that broke the structure and also it coincided with the POC line, previously the price felt the FVG but could not enter to supply zone and was rejected. Now the price created the liquidity pool formed as an equal high below the institutional...
Preferred direction: BUY Comment: According to our previous analysis on USDCHF , we are in buy-priority (scenario №2) . There are no changes to make us change our minds. We expect that today, before the weekend, the instrument will pass most of the intended path to the goal, and the best option would be to close the deal before the start of the weekend. We...
Preferred direction: BUY Comment: The RBA's decision on the interest rate will also most likely have an impact on the New Zealand currency, to a lesser extent, surely, but potentially, since the economies of New Zealand and Australia are closely related and are neighbors. However, we are considering longs for this instrument in the medium term,...
NZDCHF reached the important supply zone formed as a bearish order block with FVG. So we can expect the zone to reject the price. We can study the price in the lower time frame for finding the trigger. 💡Wait for the update! 🗓️06/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌