Analyzing the options chain and the chart patterns of VALE prior to the earnings report this week, I would consider purchasing the 12usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $0.79. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Greetings, Brian here with today's golden update! In a dazzling twist, gold has seen its luster diminish, shedding nearly $20 in just the opening hours of the Asian trading session, currently orbiting the $2308 mark. As the drama in the Middle East simmers down, investors are rushing to capitalize on their gains, leading to a flurry of gold being released back...
During the session on April 22, gold prices adjusted sharply down after failing to rise above the resistance level at $2,400 and currently the precious metal is trading around the $2,330 threshold. The reason for this partly comes from the easing of tensions in the Middle East, causing demand for shelter assets to weaken. In addition, the strong increase of the...
XAU/USD, gold/US dollar, is showing signs of a potential drop in day trading. Technical indicators point to a bearish outlook, with the 50-day moving average crossing below the 200-day moving average and the RSI indicating overbought conditions. The US dollar's strength and the Federal Reserve's hawkish stance are pressuring gold prices. Day traders can consider...
EUR/USD continues to trade within a constrained range, as if locked in a box. The pair slightly declined by 0.15% on Monday, after a brief increase during the European trading session, as the Israel-Iran conflict did not escalate further. I predict that EUR/USD may continue to decline due to differing outlooks on future interest rate paths. Interest rates in the...
Hello traders! Gold prices continue to dip below $2,400 during the Asian trading session on Monday. The precious metal is moving away from its record highs even as the US dollar weakens in a calm market environment. The rising US Treasury yields are contributing to the dimming shine of the metal. On its recovery path, gold might initially encounter resistance at...
Gold prices (XAU/USD) continued to decline throughout the day until the start of the European trading session on Monday, hitting the week's lowest level around $2,350. From a technical perspective, the price action has formed a rectangle over the past week, marking a consolidation phase following a strong recovery. Oscillators have moved away from the overbought...
Gold is currently in an ending diagonal which breaks down into 5 waves with 3 waves each. It appears as if the top is in for wave 3 and now we've started wave 4. We are expecting an ABC correction for wave 4 leading towards the fibonacci level. For those that are interested in entering, watch for any sort of pullback and enter with stops above the...
In this signal I'm going to combine two important reversals: - The daily RSI on GRT has hit oversold for the first time since September 2023. Daily oversold RSI's are amazing buying opportunities during bull-markets. - The price retested the bear-market highs of ~0.23 from back in January 2023 as support. This might be the final bearish move in the next few...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I expect for now bearish price action after price filled the imbalance and rejected from bearish order block + institutional big figure 170.000. Fundamental news: This week on Friday (GMT +3) will be released...
My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4643 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 - 1.4696 About Used Indicators: Super-trend indicator...
Gold has steadied near $2,380 after a sharp spike above $2,400, triggered by immediate reactions to reports of Israeli strikes on Iran. Concurrently, a decline in U.S. Treasury yields has helped stabilize the XAU/USD position.
Gold prices turned down slightly at the beginning of the Asian session XAU/USD's decline has continued and the precious metal is currently trading around $2,377 today morning. After rising above the $2,400 threshold last Friday, gold prices have adjusted back down after tensions in the Middle East were contained and are currently trading around the $2,377...
Gold prices rose in today's session, marking the fifth consecutive weekly increase, fueled by concerns over potential retaliatory measures between Iran and Israel, which have spurred demand for safe-haven assets. Currently, gold has climbed 0.55% to $2,392 USD/ounce as of 1:45, after peaking at $2,417.59 earlier in the session. The price has risen 2.2% this week...
EURUSD concluded the final session of the week with a gentle recovery, gently climbing in a corrective wave, currently pausing at the 1.065 level. Despite some recent progress, the outlook for EURUSD remains challenging: The price continues to fluctuate below the two EMA lines, and this currency pair has missed several recovery opportunities after breaking...
fet has a high growth potential if the market provides an opportunity for altcoins and the predicted alt season happens, after hitting the fibo of 0.618, it can first rise to the previous ceiling and then up to the price of 5.7 (based on the fibo). slow down Therefore, you can consider buying spot
we made almost 460 pips from our area on gold by 2-3 positions a day on NEWYORK session last week with just 3 SL . after all of happenings on last week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the gold weekly chart and my special calculation...