✍️ NOVA hello everyone, Let's comment on gold price next week from 7/22 - 7/26/2024 🔥 World situation: Gold price dropped over 1.50% to around $2,400 on Friday, potentially resulting in nearly 1% weekly loss from its record high of $2,483. The XAU/USD stands at $2,399 after peaking at $2,447. This fluctuation is linked to China's underperforming economy and...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian...
this pair has been rallying to the upside very strong without any retracement. right now it is standing at a very strong resistance area and on small timeframes we would see some nice bearish price action. u can enter a sell trade now and expect a very hard drop in the EUR/NZD Price .
⭐️ Smart investment, Strong finance ⭐️ GBP/ USD INFORMATION: The Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930 against the US Dollar (USD) in Monday’s European session. The near-term outlook of the GBP/USD pair has become uncertain after a corrective move from an annual high of 1.3044 recorded last Wednesday....
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar (USD) strengthens after a recent decline, mainly due to the drop in the Euro currency. This is putting pressure on commodities. Profit-taking and geopolitical tensions may contribute to the downfall of precious metals, but central bank demand should provide some support. ⭐️ Personal...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Trendline H1 formed - there was not much important data at the beginning of the week. DOWN trend - bears prevail ⭐️ SET UP CAD/CHF PRICE: 🔥SELL zone: 0.65550 - 0.65750 SL 0.66000 TP1: 0.65200 TP2: 0.64900 TP3: 0.64600 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and...
Looking at the KEY KeyCorp options chain ahead of earnings , I would buy the $14 strike price Puts with 2023-6-16 expiration date for about $0.27 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Hello Just saying theres a thing for those who understand .
XAUUSD is tapped in strong resistance area with oversold RSI conditions. When Last time XAUUSD entered these territories it gave $150 relief rally to the downside. Will XAUUSD again repeat this behavior and will move it back to mid lows of 2300?
Dear my Dragon Friends i saw the closing candle at this week with time frame Daily is "Hanging Man", that was means by monday we can see the reversal pattern (going down) our watchlist for down side is 2380-85 for the support if break we can get big pattern with Rising Wedge and will be going to 2280-2300. But if HOLD at this number 2380-85 we can see GOLD will...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) are rising due to a weaker US Dollar amidst speculation that the US Federal Reserve may cut interest rates in September following weak employment data. Political uncertainties in France and Middle Eastern tensions could further drive up Gold, a traditional safe-haven asset. ⭐️...
XAUUSD is currently in a bearish trend. Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend. The pair is being rejected from resistance at the 38% Fibonacci retracement level, adding confluence to the bearish bias. what you guys think of this idea ?
my Dear Dragon Friends I think GOLD will get reversal from the higher because of Astronacci stragtegy (from moon phase), New Moon at 5 July 2024. Lets See Happy Trading Disclaimer On
my Dear Dragon Friends I think GOLD will get reversal from the higher because of Astronacci stragtegy (from moon phase), New Moon at 5 July 2024. Lets See Happy Trading Disclaimer On
As the French elections was a determining factor his week to the Euro, we must take account of EURO CPI news and USD Speech from Powell today as well. Therefore, the pair has created resistance and it has the possibility to drop for a sell. TP: 1.07 or below
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) started the week subdued, fluctuating below a multi-day peak around $2,340 following the US PCE Price Index release. The key inflation data reinforced market predictions of potential Federal Reserve interest rate cuts in September and December, pushing the US Dollar further from...
Analysis of Gold Price Movement in May 2024 For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at...
The EUR/USD monthly structure, viewed on a daily timeframe, indicates a SELL setup. The TDI (Traders Dynamic Index) has already shown a bearish cross, signaling the presence of sellers in the market. Additionally, the candle formation at resistance is an evening star pattern, which is a reversal indicator. On a smaller timeframe (H4), a triple top formation is...