Technical Analysis: Gold The price reached our target from yesterday and still trades at the same zone. Current Outlook: The price is expected to reach 2302 and then push up again. Stability above 2321 would indicate a bullish trend. Generally, the price will consolidate between 2321 and 2302 until a breakout occurs. Market Volatility: Today's market...
BANKNIFTY closed below va 1. gapup 50080 long till 50300 2. 50080-49750 trade reversal 3. gapdown 49750 short
Technical Analysis: USNAS100 The price has reached the resistance line at 19,100, indicating a sustained bullish trend. If the price stabilizes above 19,100, it is expected to continue its bullish movement towards 19,440. However, a retest down to 18,940 is likely before the bullish trend resumes. A break below 18,930 on a 4-hour candle close would signal a...
NIFTY closed below va 1. gapup 23400 long till 23450 2. 23400-23300 trade reversal 3. gapdown 23300 short
I see a strong supply area on H1 as evidenced by price rejections that have not been able to penetrate this supply area. For those of us who follow SnD, this can be used as a SELL setup plan in the RBD area of the GBPJPY supply area. The most important thing is to keep risk in mind. Happy Trading. Disclaimer: always trade safely, trading risks are not our...
SP500 Index Technical Analysis SPX Continues Its Bullish Trend The price successfully retested and pushed higher, reaching our previously mentioned target. Today's Outlook: The market is maintaining its bullish trend, aiming for approximately 5420. The release of the CPI data today will significantly impact the market. A CPI reading below 3.4% is...
Hello Traders ! The AUDCHF Price failed to break the support level (0.59296 - 0.59514). The lower high is broken is broken ! So, I expect a bullish move 📈 ------------- TARGET: 0.59980🎯
I'm not sure what's going to happen in the immediate term (1-2 weeks), but after that I think we'll see a bond rally from middle of June into July up above $92 and the possibility of going as high as $100. My base case is that we get a move up to $97ish level, but not ruling out the possibility of retesting the highs of the recent move. However, after July,...
AUD/USD 1D - I believe this market is going to trade us higher longer term after price has broken structure to the upside. This has confirmed to us that price is no longer respecting areas of Supply but now Demand. In order for us to get involved in this market we aught to see price trade down and into a valid area of interest, this will give us the ability to...
Are you ready to capitalize on bearish trends in the GBP/JPY forex pair? In this video, we delve into the most effective sell-side trading strategies to help you maximize your profits. Learn how to analyze market trends, identify key resistance levels, and make informed trading decisions. Perfect for both novice and experienced traders, our expert insights and...
EUR/USD 1D - This market is quite clearly bearish longer term, so we therefore want to be looking for short positions in this market to be on the right side of it. I have gone ahead and marked out a valid area of Supply we can look to tackle this market from. We want to see price trade up and into this area of Supply deliver us with entry confirmation before we...
Hi. I think short from this level is worth a risk. After incredible dollar strength on Friday and multiple sweeps, major pairs fallen into demand zones, and because of big long positioning on canadian dollar for commercial banks, I am expecting USDCAD correction. My safe target is 1.371 - and this is where I am planning to close the position for this week. Play...
Bharti Airtel has been moving up strongly on all the higher time frames. On the Daily it has created a new Demand Zone. We expect price to pull to this level and continue to move to the upside
The Nifty index, currently in a strong uptrend on higher time frames, is potentially setting up a trap on the daily chart, which could deceive retail traders and investors. This pattern, often orchestrated by institutional investors, plays on the common behavior of novice traders who tend to make decisions based on trendline touches. In such scenarios, retail...
XAU/USD 4H - You can see from this market that price is within a corrective phase at the moment, trading us lower in the market. I feel this will be short lived with this market being a precious metal. Price is currently correcting inside the higher timeframe bearish correction meaning its giving us some temporary bullishness. I want to see price trade us up and...
Despite the China news about gold impacted negatively, still the strength of the GOLD keeps alive as it follows the local ascending channel. The fall of the price took place as imbalance and the zone which should be fair value zone has to be hit at least until the end of the week. The target is shown on the graphs. Good Luck to ALL!!!🙌🏽❤
Discover the best strategies for trading gold in 2024. Learn how to analyze market trends, identify key support and resistance levels, and make informed trading decisions. Whether you're a beginner or an experienced trader, these tips will help you succeed in the gold market.
no one can predict what the data will be, but this is my technical analysis.