Yesterday, XAU/USD continued its descent and dropped to the 2350-2355 support zone without retesting the 2390 broken support, indicating selling pressure. At this moment, the market is correcting to the upside, which should offer bears better entry prices. The best zone to sell remains 2390-2400; however, if this zone is not tested, traders should look for lower...
USD/CAD is currently trading around the 1.3850 resistance zone, a level that has been tested repeatedly since September 2022, each time resulting in a decline. However, this year, after testing this resistance, the bears haven't managed to push the price down to its previous support levels. Instead, a higher support has formed at 1.36. The recent rise from 1.36...
As expected, GBP/USD broke above the 1.2850 resistance level and surpassed 1.3. A correction followed, and now the pair is back at support, possibly retesting this level. However, the inability to stabilize above 1.3 and the fact that the DXY (US Dollar Index) experienced a false breakdown is not very reassuring for bulls. A break below this support would...
Yesterday, after the second test, XAU/USD reversed from 2390 and reached the 2420 resistance zone. However, last week's drop was impulsive and might only be the first leg of an overall correction within the long-term bull trend. The rise to just under 2400 appears corrective so far, suggesting we might see another drop below 2400 and eventually a drop below the...
Since April, the SPX has risen around 15%, and since November's low, it has increased by almost 40%. This is quite significant for such an index, making us wonder if this rise is fundamentally justified (in my opinion, it is not). But, as they say, "trade what you see, not what you think". What we saw was a strong upward move. However, keeping this expression...
Hi Traders we have potential trade on AUD/USD BUY STOP 0.65573. Please do your own analysis before taking any analysis as confirmation. Stay safe and Enjoy your weekend. Certified price action king.
After a recent dip to the 1.6 zone and a period of consolidation, the EUR/AUD has reversed strongly over the past two weeks, leading to a significant breakout. As shown in the chart, following an initial upward movement lasting about a year, the pair corrected and consolidated within a falling wedge pattern for another year. Currently, we see a clear breakout...
Hi Traders we have another potential buy opportunity on AUD/USD. before taking trade do your own analysis first to confirm as it will help with your trading skills. Certified price action king
Hi Traders we have another potential sell trade. Yesterday we send NASDAQ BUY still running in profit. do not close trade as indicated. now place execution now GBP/USD SELL NOW. Certified price action king.
In my recent BTC post, I mentioned that the break below $60,000 is most likely a false one. This proved to be correct, and the price has returned towards the important $70,000 zone. At this moment, BTC could enter a correction phase from the recent upward movement. This correction should be seen as a buying opportunity, potentially leading to a new all-time...
In my analysis yesterday, I mentioned that gold could drop below $2400, and indeed it did. After touching the support zone around $2390, the price reversed to the upside. However, the bulls seem weak and unable to sustain the price above $2400, with the price now pressing against the support. A break below this level looks probable, and the price could drop...
Analyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $6.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Last week, gold reached a new all-time high, almost hitting $2500. However, the market started to reverse on Wednesday, and XAU/USD finished the week at $2400, forming a large pin bar on our weekly chart. On the short-term chart, we also see that the recent ascending trend line has been broken, which also has bearish implications. In my opinion, gold will drop...
Hi Traders we sent AUD/USD Trade last week Friday now we running 130+pips. hope you secured your profits. last week we close a week without a loss. this week we about to do it again. Certified price action king.
Hi Trader another beautiful trade you shouldnt miss out AUD/USD sell. we holding this trade until it hit out take profit. after taking this trade close your trading platform comeback next week for results. Certified price action king.
Hi Traders trade we sent has hit our last tp banking over 100+pips. lets meet at the bank this week. Certified price action king.
Hi Traders we have another potential sell trade on XAU/USD. analysis made from H4 scale down to 15Minutes. Certified price action king.
Hi Traders we yesterday we send GBP/USD Trade for sell. we secured over 150+pips lets meet at bank this weekend. Certified price action king.