The world war situation has not cooled down and many powers such as Russia, America and China are showing signs of getting involved. This is why I firmly believe that gold will increase in the long-term trend, let's see. Consider my analysis for today. Gold analysis: - The drop in gold prices from $1,962 to $1,938 could be a sign of seller participation. - All...
GBP/NZD Short • If price impulses down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
Gold Analysis October 19: Fed Chair Speaks - Fundamental analysis: Yesterday, gold prices rose by more than $40 from 1922 to 1963, and then fell by around 1950. The reason for supporting gold at this point is probably still the conflict between Israel and Palestine. The current war is extremely unilateral, with the United States claiming to be behind Israel, but...
Currently, gold has fluctuated quite gently as the influence from the FED and the war has gradually dissipated. The market will focus on tonight's US retail sales, if retail sales are announced well. Gold will be under pressure but not much. If the announcement is bad, gold will increase sharply until at least 1950. . Summary of previous ideas: sell at the peak ....
HUGE EXHAUSTION CANDLE, BUYERS ARE BACK BABY. This was an amazing trade boys lets keep the good luck rolling.
Double Top preceded by a 50% Fibonacci was a bad trade idea. Lost 1K on this for trying someone else idea. Also lifted the SL to 1779-1782 area to act as the biggest risk I would take in this position. Even thought I knew the risks. I normally do not trade Gold since I do not have enough money. I could have taken gains at 1770 instead 📞 I'm such a noob.
Tesla Earnings Will Drag SPX too keep an eye !! if you Bull TP 271 SL 245 if you Bear TP 235 sl 237 Size and Patience is Everithing PA is Important Stay profitable CAFE CITY STUDIO 2024 NASDAQ:TSLA
Looks like we might be about to break this weekly uptrend to the downside. I'll be watching the big thick yellow line I tossed in for you. Please excuse all the extra mess on the charts, I've been playing with indicators and looking into coding my own this year if i can find the time. I'll be watching for a break this morning and beyond that all the other...
Last several days S&P 500 has been trading sideways since bouncing off its 200 DMA. Any test of yesterday's Low could provide direction for the day. Level to watch: 4382 --- 4384 Report to watch: US: Beige Book 2:00 PM ET
At the moment, we have reached the first target. Stop loss is moved to $0.2620 I expect a further price reduction based on the specified take profits. My trading setups are not investment advice, nor are they forced to trade. Spend your #dyor
Price is reacting to H4 demand, the goal is to follow it. If it breaks this level, it will increase the chance of a deeper pb on the daily timeframe. If that's going to happen, I believe it should be during major high impact news, such as CPI next week. THIS IS NOT FINANCIAL ADVICE!
Hello,Friends! We are now examining the GOLD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1915.286 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on AUD/USD right now from the resistance line above with the target of 0.632 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the USD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 146.839. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
BUY ABOVE - 44520 SL - 44550 TARGETS - 44590,44670,44750 SELL BELOW - 44350 SL - 44440 TARGETS - 44210,44120,44040 NO TRADE ZONE - 44350 to 44520 Previous Day High - 44590 Previous Day Low - 44350 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
Detailed analysis of Gold, XAUUSD and Gold on October 18th 📍Current price: 1929 🎯Expected discount: 1908-1888 ✅Reference: (Priority sale) 🔴 Sales in the 1950-1953 price range (sold in 1958) 📣Spot gold fell below the $1,920 mark during trading, restrained by the rise in the US dollar, but continued to rise after that, but was still partially affected by the fact...