The price perfectly fulfills my last idea and it hit the target level. The gold market fell from the resistance after news release. The market rejected the resistance, then made an impulse leg down. The price broke and fixed below support that was tested 2 times. I think if the market will range because the markets usually go range after impulse movements....
The price perfectly fulfills my last idea and the market reached the target level. The market broke the range zone. The price is testing key level on the 4H timeframe which is 3 yearly low. I think the market might bounce off this level or form a range at support. I look forward to short term pullback to the resistance zone, because we have divergence and...
The market is ranging after impulse move. The price is in the downward channel. The market made double top and broke through the swing zone and it's testing the support level. The price is forming range pattern which breakout of it might lead to another impulse down. If price rejects the support level then probably it will continue ranging. My goal is the support...
Considering the inability of gold to break the 1940 range and return from this range, if confirmed, you can enter a long position. The goal of price growth is the range of 1970 and then 1980.
US and European markets came under fire and took a hit in a risk off move after US credit was downgraded. Traders and investors are looking at the bigger picture now as a lack of confidence into the US government as they distract themselves from the bigger picture of actually managing the economy. With a safe haven move up into the USD and and unwind into an...
If you haven`t bought FUBO here: Then analyzing the options chain and the chart patterns of FUBO fuboTV prior to the earnings report this week, I would consider purchasing the $2.50 strike price Calls with an expiration date of 2023-11-17, for a premium of approximately $0.81. If these options prove to be profitable prior to the earnings release, I would sell at...
The price perfectly fulfills my last idea. It hit hte target. The price rejected the resistance zone then it broke through the previous structure low and formed triangle formation. I think it might go down to retest the support levels IF the market break the pattern. I expect some pullback to resistance and then downward move. Wait for confirmation because it...
The price perfectly fulfills my last idea. It went up as predicted. Price is heading toward the resistance. It broke through the important level at 1.46000. I look forward to testing the resistance and upward trendline and rolling back towards support from resistance zone because you can see price action in range zone. We don't have strong lower lows or higher...
The market is in the range zone. It formed a triangle pattern after the upward move from the support level. The market made a pullback, but with no momentum. Therefore, price action probably will make another impulse move up; level breakouts, and new highs. I expect the price to go up from the support level and retest the range border. My goal is to resistance...
Since the top from October last year, DXY has been in a strong down trend. However, considering the trend started back in May 2021, this is only a correction, in fact, it even stopped at the 0.618 Fibo. The recent drop under 101 support was, in fact, a false break, one more reason to believe the Usd index found its bottom. At this moment Dxy is trading in a...
In both Monday's and yesterday's analyses I said that I'm bullish Gold but there are some red flags that we should be aware of and, indeed, yesterday, XauUsd could not stay above 1960, support at that moment. At the time of writing the price is flirting with 1950 and it looks like it wants to make a new attempt to the upside. In my opinion, this rally (if it...
Apellis Pharmaceuticals, Inc. (APLS) oversold on the daily! Based on support and resistance we have: Price target: 45.50usd Stop loss: 27.20usd
The price perfectly fulfills my last idea. The gold market bounced off the resistance. It is heading toward the support level. It broke and fixed below the level 1962-1964. Price action made a complex pullback toward a channel boundary. I think the market may go down from the zone if it shows no strength to break through the resistance zone. Price action also...
The price perfectly fulfills my last idea. It hit the target level. The market went up from support level and tested the resistance zone. The price is in a range zone and it rejected the resistance. The market bounced off from this level before so some pullback expected. I think the market will go down and test the support level because it updated lower low. My...
The market rejected the resistance, then made an impulse leg down. The price broke and fixed below the support by making lower low. I think the market might range because price action forms a range after impulse moves. If the price rejects the upward trendline and resistance it may go to retest the lower border of the possible range zone. My goal is the previous...
Last week, after touching 1980 resistance zone for the second time, Gold reversed strongly, leaving a bearish engulfing candle on Thursday. However, with the recent break above falling wadge's resistance and above the horizontal 1940 level, XauUsd remains bullish. Buy dips near support is my strategy and 1980 zone resistance could be the target. A daily close...
In the past two weeks, after reaching a high at 1.1250, EurUsd had a bad run and dropped 300 pips. However, the trend is not altered yet, with the pair above the recent trend line. A rebound from this support could be next and considering the fact that DXY is near resistance and it could drop from there, this outlook becomes pretty likely. In conclusion, dips...
The market rejected the support level, then made a pullback. The price broke and fixed above the 1950 key level. I think the market might make a complex pullback forming a 1-2-3 move. The resistance zone at 1968-1971 is area where price fell before multiple times, there's a good chance that the price will go down again if price make upward move toward this...