the gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly.
it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment.
according to tv alerts, forex...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas...
It is good to buy some #XEC in the support zone. We expect it to bounce from the trend line. Targets are:
$0.00005994
$0.00006950
$0.00007906
$0.00008577
SELL SETUP IN XAUUSD
after the break bullish channel the price in correction till 70 fibo level i expect the price go down till The beginning of the upward trend.
this is just my idea share your opinion with me guys.
Dear Traders,
GBPUSD is signaling further potential draw towards key points, particularly the Buy Stops and ultimately the weekly bearish order block, serving as our targets. With the institutional order flow leaning bullish, aligning our trades accordingly is prudent.
Currently, price resides at a H1 Bullish order block, where I'm eyeing a confirmation entry to...
Harmonic Pattern: The BAT pattern is a harmonic pattern that often indicates a potential reversal in the market. In this case, the formation of a BAT pattern on Gold suggests a possible reversal to the downside.
Technical Indicators:
Confirmation: Look for additional technical indicators or chart patterns to confirm the potential reversal signaled by the BAT...
See link below for previous analysis.
Sasol did not take long to confirm that the down move was not complete.
The bounce from 13226 to 17380 is for wave (iv); the current sell-off is for wave (v) of .
The earliest indication that wave (v) is done will be a break above 17380.
It's a bit late to be bearish and at this mature stage of the trend, I am more...
XPTUSD has broken the Bullish (TOP) Trendline after multiple (5) touches, we dont have a clear safety line to give us a stop loss so i wont enter of the initial break. Im going to instead wait for a retest of the Bullish Trendline we'd just broken, Waiting allows me get a better idea of the breakout to see if its just trying to fake us out. If this bullish...
International Business Machines Corp. (NYSE: NYSE:IBM ) encountered a stormy start to the trading day as its shares tumbled more than 8% in premarket trading on Thursday. The computing and consultancy giant grappled with challenges in its consulting business, fueled by enterprise spending constraints amid an uncertain economic backdrop and rising interest...
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 194.29 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 193.13
Recommended Stop Loss - 195.01
About Used...
Hello Everyone,
XAG/USD is exhibiting bullish momentum at the moment, with the 1-day support holding firm and the price positioned above the 1-day resistance, indicating positive prospects. The next favorable development to watch for is the 27.416 1-day strong resistance transitioning into a supportive role.
TradeWithTheTrend3344
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about TFUEL
TFUEL Moving As Expected & Running In 20%Profit So Far✍️
Expecting 60% bullish wave in coming Day's 🚀
- I see a complex correction on gold ended with expanding triangle ABCDE
- Now we're open for a down move for wave 5 of C
- Roundabout target is 2280 which is a measured move of a triangle and a target for daily timeframe trapped bears that were selling below bear bar.
