The price broke through the descending channel, and bulls pushed the market higher. The market rejeted the support level and made big bullish candle. I think, if the market rejects the recent support where big candle form then most likely price will go higher to test the resistance zone. I expect the market to make another impulse leg. My target is the resistance...
If you haven`t sold TDOC here: Then analyzing the options chain and chart patterns of TDOC Teladoc prior to the earnings report this week, I would consider purchasing the 20usd in the money strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $5.90. If these options prove to be profitable prior to the earnings release, I would...
The price perfectly fulfills my last idea and the market is heading toward the target level. After making an impulse move at the resistance, the market ranged and formed a double bottom and a broke throught it. I think, gold might make another expansion u, the market made same price action before. I expect a brief correction at the support and upward move from the...
The market made deeper pullback, and later it bounced off the support level. On the 1H timeframe, it formed double bottom, also known as a rejection candle; long tailed bars. It formed a couple of doji candles that was engulf by big bullish candle. support level. It might be the beginning of the new trend. Therefore, price action will probably will eventually...
Dear Ziilllaatraders, It's important to note that the relationship between consumer confidence and gold prices is just one of the many factors influencing the gold market. Other key drivers include interest rates, central bank policies, geopolitical tensions, and supply and demand dynamics. Moreover, the fight against inflation can significantly impact the gold...
The price is heading towards the next resistance. The market overall is in bullish trend. It updated the swing higher highs and higher lows. Price pulled back to support level that was resistance before. Price action formed a range zone and it broke it. I expect price extestion from the range zone and restest the previous highs . My goal is resistance around...
The market broke through the small range zone and made a complex pullback. The price is testing the previous highs on the 4H timeframe. It formed a divergence. The price action is losing momentum: we have a weak lower low, and the market does not have the strength to make solid new lows. I think the market might make a false break of the support. My goal is to...
Hello Everyone, Welcome to FXMYWORLD. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
During the week, gold tried to test the 1990 and 2000 resistance levels. The market pulled back from the resistance. If it breaks below the lower boundary of the daily candlestick, it could fall to the lows of the psychological 1900 level. If gold bounces off the support, it may go above the 2000 level. The market may be in a corridor because the trading range...
The market made a complex pullback after forming double top. It is near the support at 0.67000. The price made impulse leg from this level and probably price will bounce off it. I look forward to pullback to the resistance zone and if price makes rejection candles at support level, I think price may go up because the main trend is bullish. My goal is to...
The price updated higher highs. The market broke and fixed above the strong level at 1.11000 which is support now. The level rejected the price several times before. The market always breaks the strong levels with big candle. The price is now heading toward this level and most likely market will rebound from the support and upward trendline because we have range...
Dear Ziilllaatraders, Impact of Rate Hike Expectations: When there is a strong anticipation of an increase in interest rates by the central bank, the U.S. Federal Reserve, it tends to have significant effects on the gold-dollar correlation. This is because higher interest rates can make the U.S. dollar more attractive to investors, leading to an increased demand...
The price perfectly fulfills my last idea. The price went up and hit the target. The market retraced. It tested the resistance zone and fell. The market at the strong support level. I expect the price to rebound from the border of the ascending channel and support level at 1.28000. My goal is to resistance at 1.29890 Traders, if you liked this idea or if...
Hey Everyone, We finish off with another great week with all our chart ideas hitting our Bullish targets. We finish off with a rejection on the channel top and as stated yesterday price is now testing support at the channel half line also inline with the 1963 Goldturn. A break below the half line will see the channel bottom tested. We will now come back Sunday...
The price perfectly fulfills my last idea. It hit the TP. The gold market is heading toward the support level after divergence at resistance. I think the market might pullback to the support levels because it could not update the higher highs. If the price action pulls back to support level and channel's boundary then look for entry buy signals from it. My goal...
The price perfectly fulfills my last idea. It hit the target level. The price broke through the support level. The market updated its lows after breaking out of the support level at 1.9000. It pulled back to the level and downward trendline. I think the market might go down to test support because trend is changing. The price formed rejection candles and it might...
The price perfectly fulfills my last idea. It hit the target. The market broke the support, then made an impulse leg down. The price broke and fixed below the range by making lower low. I think the market might go down to retest the support level if the price make a correction toward the resistance zone. If it rejects the upward trendline and resistance at border...
Analyzing the options chain of TSM Taiwan Semiconductor Manufacturing Company Limited prior to the earnings report this week, I would consider purchasing the 95usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $4.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of...