Hello everyone, Brian here! What are your thoughts on the gold price today? Gold is continuing its downward trend after completing a correction phase. Currently, it is trading around $2329 and is experiencing a significant decline due to the rising U.S. Treasury bond yields and a stronger Dollar following last evening. Additionally, the upcoming PCE report this...
Last Close : 22.50 , Buy On Dip Till 22 For The target 25.10 Crompton showing strongness , can melt for some time
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 2357, an overlap support. Our take profit will be at 2328.72, an overlap support The stop loss will be placed at 2396.95, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2763, which is an overlap resistance. Our take profit will be at 1.2696, an overlap support level. The stop loss will be placed at 1.2823, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
The last couple of quarters have shown tremendous growth. Please check out my annotated chart for details. Lots of things coming together to form what could be a nice momentum play. Earnings and sales growth are impressive. Thank you for your time! Happy Trading! One Path
Price is still following my predicted path as of now. Should price make a high above wave 2 at $10.67, that would signify that wave ii most likely isn't actually over and could head to the $11 area. If it continues to follow along with my projections, then we are headed to the $8.77 area within the next few trading sessions. MACD on both the micro and larger time...
KIMA's performance remains mediocre, struggling to gain traction at the 7.87 level. It's like Deportivo La Coruña during their relegation seasons. Despite having a talented player like Lucas Pérez, who showed great potential and skill, the team struggled significantly and faced relegation from La Liga. Pérez, while a strong individual performer, couldn't turn the...
Simple Trading - Head and shoulders It doesn't get more simple than this. Pay attention to the pattern. With a Strong USD, Gold can finally take a break, make some moves to the downside, and retest some support zones. Gold is about to make a HUGE move to the downside if the price can not hold above 2325. Look to SELL NOW! Price is at the bottom of the...
Price already move from fibo levels, High Risk can start to enter. Low risk can wait again for retracement if it happen again. Target TP at fib level 1.618 and 2.618. P/s: This is not a Buy / Sell call. Please do due diligence before entering any trade. Potential to lose partial / full investment in high-risk instrument. -No Success Without Action-
Buying opportunity on key level 2330-2334 and 2277-2280. Buy on retest
A bearish divergence is formed in NZDJPY pair in an hourly timeframe. The previous bearish trend reversed after the divergence making new HLs and LLs. The current bearish trend is a good point for shorting.
Despite the broad weakening of the US dollar on Monday, the Yen struggled to find solid footing, causing the USD/JPY exchange rate to fluctuate below the 157.00 mark. However, the USD has been steadily appreciating against the beleaguered JPY. While the pair is currently moving within a descending wedge, the technical outlook suggests a potential rise to higher...
This week, the primary factor influencing the Euro's price action will be the preliminary inflation data for the Eurozone for May, set to be released on Friday. This inflation data will offer fresh signals on whether the ECB will extend its rate cut policy into July. Before that, investors will be closely watching Germany's preliminary inflation figures for May,...
Dear traders! As Conan mentioned in yesterday's analysis, XAUUSD is currently in a recovery phase with a corrective bias, receiving support at $2350. However, overcoming the $2,400 resistance seems challenging and remains the target in the downtrend that is gradually forming on the chart. Currently in today's trading session, XAUUSD is currently trading at 2,360...
Hello everyone, it's Brian! Today, gold prices continue their short-term recovery, with the precious metal consistently creating new support levels. The US Dollar is weakening, and regardless of market sentiment, XAU/USD is trading around $2,360. There was a temporary increase in demand for the greenback at the start of the US session following optimistic...
The pair has been buying for a long time. Now, probably is pullbacking to reset the levels which may lead it to bull. If it reaches to the POI indicated we may wait for creating buy opportunity.
If price breaks above 2362 wait for the retest to take buy position with tp 2380. If Trendline is broken take sell position at 2347 after retest and tp at 2320
4H swing is bullish => current it is pullback M15 swing is bearish We buy when the price breaks through the strong swing peak of the 15-minute time frame