Hello Friends. Im back with a broad perspective on GOLD. According to happening these days in Middle East (Hamas Terrorists against Israeil war) there are a perfect catalyst for Gold to See Upper levels. Lets take a look at Multi timeframe charts: 1)Daily chart In 1D chart we can see a bearish trendline that price will see it again in coming days. Here is where...
🌸The important resistance level of 1984 is about to be broken, we are expecting a recovery period to 1863-1965 to make a buy signal. 🌸Gold prices are at their highest level since July, near $1,980, maintaining a continuous upward momentum early Friday. Gold prices continue to take advantage of escalating geopolitical tensions between Gaza and Israel, despite the...
EURAUD has reached the floor of the daily ascending channel and 61.8 daily Fibonacci, and according to the formation of the head and shoulder pattern and the break of the neckline, it can reach the specified targets respectively.
CADCHF is taking off from a solid horizontal daily support. The price formed a double bottom formation on that on an hourly time frame. Feels like the market is oversold and it is the moment for correction. Bullish continuation is expected to 0.6535 / 0.6550 ❤️Please, support my work with like, thank you!❤️
The 1960 trend was not strong enough to hold back gold's rise. Chairman Powell's speech, 10-year US Treasury yields eased from multi-year highs set near 5% and allowed XAU/USD to find support. making gold looking to peak 2000 soon. Gold prices (XAU/USD) have gained strong positive traction to their highest level since early August, around the $1,962-1,963 area...
After a strong bearish movement, CADJPY leaves multiple strong bullish clues. First, the price formed a falling wedge pattern and violated its upper boundary. A double bottom pattern was formed then. Its neckline was also broken. These 2 patterns confirm the intraday change of character on the pair. Goals: 109.6 / 109.9 ❤️Please, support my work with like,...
Hi Traders! The bears are currently dominating GBPUSD, and they are potentially targeting the low for October. Price Action 📊 The price action currently looks bearish, with market swings showing lower highs and lower lows. We are looking for a break and a close below the trendline support for a possible continuation towards October's low. Fundamental Analysis...
ESCORTS KUBOTA LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakdown of Rising Wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 2555-. ✅Can Go short in this stock by placing a stop loss above 3468+.
NSE:BANKNIFTY The price is creating a Cup-like shape in the daily chart. To complete the pattern, it must go up to 46369.50. But there is a resistance which is holding onto and all the Trap Zones are tested. So, though the bias is Bullish but we should wait for the 45564.40 resistance to break to think of entering a long trade in Bank Nifty. Disclaimer: Stock...
GBPAUD reached a solid falling trend line on a daily. After its test, the price formed a cup & handle pattern on that. The price may drop now to 1.9160 / 1.9105 ❤️Please, support my work with like, thank you!❤️
POLYCAB INDIA LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakdown of Rising Wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 4566-. ✅Can Go short in this stock by placing a stop loss above 5498+.
Price has rejected a key level @ 15000 Looking for the retest Will not chase the market This support level has been tested and held in the past.
🌼Hello dear friends! In today's trading session, the price of gold reversed and increased slightly, trading around 1939 USD, as predicted yesterday. Although gold falls, the gold market will continue to attract safe haven flows due to the Israel-Hamas conflict. 🌼About expectations: Gold will fluctuate above the $1,900/ounce range until there is some sort of...
🌼Gold price trades in a narrow range as investors digest tensions in the Middle East. Fed policymakers see interest rates as sufficiently restrictive due to higher US Treasury yields. 🌼Gold prices jumped 6% in the past week, primarily due to the Israel-Hamas war. Economists at ANZ Bank analyze the yellow metal’s outlook. 🌼While the Israel-Hamas war will boost...
🌼XAUUSD's chart shows that the precious metal is trending upward. 🌼The US dollar weakened as upbeat data from the United States prompted a move to ignore negative views from European partners. 🌼Gold capitalized on safe-haven demand amid escalating geopolitical tensions and gathered bullish momentum to start the new week. As US Treasury yields eased on dovish Fed...
Hi Traders! There is a resistance short-to-support opportunity on the CHFJPY 1D chart. Price Action 📊 The market has reached the 2-month resistance at 166.601 (August 2023 high), and bears are currently holding strong at this level. A continued hold here will most likely lead to a pullback to the support level at 164.000. We are looking for the bears to hold...
entry SELL 0.90100 The dow wave pattern is going beautifully. The price is touching the resistance zone and expect a bearish break through the 0.89900 price range