Gold prices extend strong gains as USD comes under pressure, focus turns to today's services PMI report. In the March 4 session, gold prices extended their strong upward momentum in the context of the greenback being under pressure. In the European session, gold increased sharply from $2,083 to over $2,100 and closed the session at $2,119. Lower-than-expected US...
Hey Everyone, Great start to the week with our chart idea playing out to perfection!!! Yesterday we advised that we were looking for the 2092 target re-test and a cross and lock above 2092 will open 2105 and 2115, which was all hit perfectly today completing this range. We will now need to see ema5 cross and lock above 2115 to open the range above - 2130 and...
Overview Bitcoin is the best litmus test for the crypto market. Whenever I can't get a read on a particular token, I refer back to Bitcoin. After reviewing the chart I believe Bitcoin is on route to $100K. Honestly, I wouldn't be surprised if it rockets pass this price and hits the next key Fibonacci level around $150K but that is months down the line. For now...
Silver is now back in pre-March swing territory, the 21.5 to 25.3 area, which means bears can continue if a rebound occurs and pressure closes. As long as it does not break through 25.3, it will still be under the control of the bears. Of course, the current rebound to around 23.1 is also an opportunity to go short. As shown in the figure, the detailed strategy...
Akash is bouncing off the support level and the bullish trendline. Trend is expected to continue and reach the resistance level at $5
Gold shows outstanding strength after US economic data releases. Gold prices rebounded sharply after US PCE data matched estimates, along with a manufacturing PMI report and a lower-than-expected consumer confidence index. This past week, gold prices rallied from $2,028, broke through the $2,050 resistance, and pushed to $2,083 after the US core PCE report...
Gold costs spent the primary 3 days of the week ranging between $2,030 and $2,040, with a weekend breakout acting to bolster to new highs. I checked out gold costs on Wednesday, simply earlier than Core PCE become discovered, and at that time, there has been a bullish flag forming from a bearish channel in an uptrend. The fashion strengthens to $2,050 in its 5th...
Trading Pattern QQQ has formed an ascending channel which may prove to be very lucrative for derivative trading. Utilizing Elliott Impulse and Correction Waves within the support and resistance lines, Wave 4 may dip as low as $392 which is a few dollars shy of a 61.8% Fibonacci retracement level. Technical Indicators A bearish RSI divergence has been...
Hello traders and crypto enthusiasts! 🦍 Today, let's explore the technical landscape of APEUSDT (APE Coin against USDT) as the charts suggest the potential for a bullish reversal. Join us as we analyze key indicators and patterns, identifying the elements that may contribute to a turnaround in market sentiment. Technical Overview: 📉 APEUSDT has faced recent...
Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price break into the new range and playing between 2085 resistance and support at 2079 Goldturn. We are looking for a re-test and break on either Goldturn to confirm the next range A bearish test to support at 2079 and a break and lock below this level will open...
Overview Pepe is one of those speculative assets that I treat like a first date. I go in with the hopes that it could be an absolute winner but my expectations are that it will be a bust. Because of this I couldn't invest too heavily in the up and coming meme coin but I could invest just enough that if I lost it, I wouldn't be bothered. But if it becomes a...
Overview In the last couple months my attitude towards crypto has gone from swing trading it to just holding it, especially with the much anticipated Bitcoin halving event approaching next month. In the past, strong crypto bull rallies occurred within the months following the halving events which leads me to believe that our favorite cryptocurrencies could be...
Hey Everyone, ]This is our 4H chart idea from Sunday also played out perfectly smashing all our Bullish targets with our final bullish target at 2080 now complete!!!!! BULLISH TARGET 2042 - DONE EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET 2042 - DONE 2052 - DONE EMA5 CROSS AND LOCK ABOVE 2052 WILL OPEN THE FOLLOWING BULLISH...
Hey Everyone, Another fantastic finish to the week smashing all our Bullish targets and strategically taking our buys from every dip. Yesterday we stated after completing 2044 and 2048 targets, that we will be looking for ema5 to lock above 2048 to open 2055 and potentially 2064. - We got the cross and lock above 2048 confirming 2055 and 2064, which were both...
UNI broke through the descending trendline. The bullish trend is expected to continue and reach the resistance level at $12.94
Hello traders ,what do you think about GOLD?In the daily chart of gold, the structure of the market is sideways and the price fluctuates in a downward trending channel and is currently at the ceiling of the downward channel. On the last trading day of last week,gold broke the resistance of 2035, but the volume of transactions decreased compared to the previous...